I've noticed the used video card prices have skyrocketed. I've put up an eBay auction for a GTX 1060 6GB and it ended up selling for twice than what I bought it used two years ago. Also lots of people DMing me asking if I have more to sell. Is there some mining craze going on with old cards?
> Is there some mining craze going on with old cards?
Combination of mining craze and massive demand for entertainment electronics and GPUs since everybody has been stuck at home due to pandemic and decided to build/upgrade their computers.
Which also lead to the situation that scalping outfits have extended their services from covering mostly designer appeal to now also include electronics like GPUs and consoles. The popularity of this also attracts a lot more people to use these kinds of services as a form of investment, which most certainly does not help an already supply constrained market.
And mining. Ethereum is still mined often on videocards. And in wake of Bitcoin skyrocketing, ETH prices are way up too. So it pays more (in dollars) to mine, now.
