Friday, October 7, 2022
HomeDigit NewsRussians began to get rid of GPU for mining

Russians began to get rid of GPU for mining

The January news about the proposal of the Central Bank to ban the production, exchange and circulation of cryptocurrencies in Russia did not go unnoticed by the public. Several online ad services reported an increase in the number of people willing to get rid of mining equipment and a decrease in those interested in buying it.


According to the RBC publication, citing information from one of its sources, in January the number of ads for the sale of video cards increased by 12% compared to December 2021, but the number of people interested in them decreased by 4%. At the same time, the average offer amount decreased by 8% – to about 24,000 rubles. So, NVIDIA GeForce GTX 660, GTX 960 GTX 970 video cards began to appear on the secondary market 14%, 6% and 5% more often, but demand for them fell by 10%, 9% and 21%, respectively.

In January, the number of announcements for the sale of ready-made mining farms increased by 18%, while those interested in buying them decreased by 9% compared to the previous month. In addition, during the week after the announcement of the Central Bank, demand fell by 15% compared to the week before. The average price of a mining farm on ad sites in January was 555,450 rubles. The number of offers for the sale of an application-specific integrated circuit (ASIC) increased by 17% at an average price of 241,830 rubles, while demand decreased by 27%.

A representative of the press service of VKontakte Announcements and Yula reported a similar situation on the mining equipment market. However, it is reported that compared to December 2020, there is a 1.5-fold increase in demand for mining equipment: 46% more often they began to look for video cards. Ozon also announced a 51% increase in sales of mining products in January compared to the previous month.

- Advertisement -


Two Wheeler


Digit News