by the South China Morning Post. Peng, a Chinese merchant, gave the RTX 3080 as an example as the GPU’s price dropped from 8,000 yuan to 5,000 yuan within 3 months.
According to Peng, when Bitcoin mining was at its peak in China, mining companies were doing GPU shopping sprees. But at the moment, the merchant said that no one is buying new computers, let alone new GPUs. Another merchant called Liu also highlighted that low-end RTX 3080 cards from manufacturers like MSI also dropped by around 2,000 yuan compared to prices 2 months ago. According to Liu, this may be highly influenced by the hype surrounding the Ethereum Merge.
The in-store merchants are not the only ones affected by lower demand. Online shopping platforms Taobao and JD have also shown declining prices of GPUs. RTX 3080 cards on these websites have slowly gone down in prices by a few hundred yuans compared to their prices three months ago.
Whatis a 'fork'?
🦄 is toast 🤔
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