Ethereum Mining Leads To German Graphics Card Shortage

in #beyondbitcoin7 years ago (edited)

Bagging some nasty profits ?

Surge in mining has led to a shortage of graphics cards among many retailers in the U.S. Now, it seems the problem is starting to affect companies across the pond:
MindFactory, a German retailer, has removed many AMD and Nvidia graphics cards from its virtual shelves.
It was also reported that many graphic cards are out of stock in parts of France, UK and Asian countries such as India, China and Pakistan

Due to this U.S. retailers have raised the prices of their Nvidia GeForce GTX 1070 graphics cards to around $500, which is how much the more powerful GTX 1080 usually costs.

The problem lies with the growing interest in Ethereum and other crypto mining, the coin which has 1000%+ price increase this year and leading to an increase in ROI.

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