Against the backdrop of Ethereum’s price rising to $330, miners in the PRC showed interest in mining the second-biggest cryptocurrency. However, their plans were threatened by GPU shortages and rising prices, пишет 8btc.
According to the publication, a local GPU miner manufacturer said that disruptions in GPU-chip supplies occurred due to lower production volumes and changes to the supply schedule during the pandemic.
“Furthermore, chipmakers are intentionally limiting shipments to participants in the mining industry to avoid impacting the consumer market,” he said.
Thus, the graphics-card maker NVIDIA has cut production of the RTX 20 lineup by a third. The release of the RTX 30 graphics card, по последним данным СМИ, is expected in August.
For now, the rise in GPU prices does not match Ethereum’s rally, adds another miner. Mining difficulty has not yet spiked, and miners’ revenues in the latest stretch were “sufficient”.
According to 8btc, the payback period for an Ethereum miner is 200 days. The most productive farms bring in up to $17.21 per day.
Representatives of the miner manufacturer Innosilicon said that if the equipment shortage persists, prices for it could rise.
According to the latest data from the SparkPool pool, Ethereum miners’ earnings have risen by 60% over the last month.
In March 2018, NVIDIA was suspected of nearly halving its mining-sector revenue.
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