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What graphics cards are suitable for mining in 2020 (What graphics cards are used for mining in 2020)?

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What graphics cards are suitable for mining in 2020? The latest batch of gamers

What graphics cards are suitable for mining in 2020 (What graphics cards are used for mining in 2020)?

What graphics cards are suitable for mining in 2020? The latest batch of gamers in 2020 have begun hoarding cryptocurrencies after the bitcoin halving.

With the surge in the cryptocurrency market, Ethereum also experienced a wave of price drops. Since 2020, due to the decrease in mining profits caused by the decline in coin prices, many users have chosen to buy bitcoin for mining. Currently, the mainstream graphics cards in the market are Nvidia’s high-end RTX3060, GeForce RTX3080, and P7 series products produced by Nvidia (NVIDIA), AMD, and desktop manufacturer Nvidia. As a result, some new graphics cards are already sold out. These new graphics cards can help you better utilize your idle hard drive to mine digital assets and provide you with more income.

However, it is worth noting that compared to 2019, the price of graphics cards has increased by more than 20% in 2019. Before January 2021, the demand for graphics cards in the market did not increase, which means that many people have turned their attention to the mining field. Although the price of graphics cards in 2019 has increased significantly, it is still far higher than some high points at the end of 2017 and the beginning of 2018. At the end of 2020, the sales volume of graphics cards decreased significantly, especially in the third quarter of 2020, the average selling price of graphics cards has dropped from about 2,000 yuan in the same period last year to about 5,000 yuan, and even some graphics cards are being considered for resale. However, in reality, this trend has not changed. (Wu Blockchain)

What graphics cards are used for mining in 2020

In 2020, mining power and the cost of GPUs are getting higher and higher. The graphics card market has also been greatly affected by the impact of bitcoin halving: according to data released by Nvidia, the global graphics card inventory in the third quarter of 2019 was about 628,000 cards (accounting for 25% of the entire market), while the value of Ethereum graphics card memory in the same period was only $932,000. What graphics cards are used to mine bitcoins in 2020? The answer is: graphics cards. (I am Yan Nan, a journalist from Odaily Star Daily. To explore the real blockchain, for leaks or communication, please add WeChat: nangua421262. Please kindly state your name, affiliation, position, and reason.)

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