In the past two years, due to the global covid-19 epidemic, the surge in mining demand for cryptocurrency and other factors, the graphics card has been out of stock and at a premium due to the imbalance between supply and demand and insufficient production capacity. However, recently, the quotation of high-performance graphics cards began to plunge in the market, or even fell by more than 35%.
With regard to the overall sharp price reduction of graphics cards, some comments pointed out that it may be reflected in the upcoming transition of Ethereum to the POS consensus mechanism. At that time, the graphics cards of miners will no longer be able to earn Ethereum through computing power, so they sell the hardware of mining machines first, and eventually tend to increase supply and decrease demand.
According to the mining KOL “HardwareUnboxed” channel, which has 859000 fans, the price of ASUS geforce RTX 3080 tuf gaming OC sold in the Australian market decreased from the original a $2299 to a $1499 (T $31479) in one night, and the price fell by 35% in one day.
“RedPandaMining”, a mining KOL with 211000 fans, also said in a film that compared with the price of display cards sold on eBay in February, the quotation of all display cards showed a downward trend in mid March, with a maximum decline of more than 20% and an average decline of 8.8%.
Another mining website 3dcenter also said on twitter that the high-level display card RTX 3090 has reached the lowest price since August last year: the retail price of GeForce RTX 3090 in Germany has fallen below 2000 euros for the first time since August last year.
According to bitinfocharts, the current mining revenue of Ethereum has reached 0.0419usd/day: 1mH / s, down 85.88% from the high of 0.282usd/day: 1mH / s in May 2021.
According to 2Miners.com data, the current mining difficulty of Ethereum is 12.76p, which is 59.5% higher than the peak of 8p in May 2021.
ETH2. 0 is expected to usher in the main network merger in June.
According to previous reports, the hard fork upgrade Bellatrix, which is expected to merge Ethereum 1.0 and 2.0 in June this year, will merge the current chain with the new PoS beacon chain. After the merger, the traditional GPU mining will not be carried out on Ethereum, and will be replaced by PoS verification node protection, and will receive transaction fee rewards at the beginning of the merger.
The difficulty bomb used to freeze mining activities on Ethereum will also come in June this year. Tim Beiko, the core developer of Ethereum, previously said that the difficulty bomb will no longer exist in the Ethereum network after the transition is completed.
Kiln, a test network, has also been officially launched recently as a combined test network.
Post time: Apr-01-2022