GPU performance used for mining drops by 10% in a year



Taiwanese graphic board maker Palit Microsystems announced that 'the performance of GPUs used for mining will decrease by 10% in a year.' The company cautions against buying used graphics cards.

Karta graficzna z koparki kryptowalut --warto kupić?

https://www.benchmark.pl/aktualnosci/karta-graficzna-z-koparki-kryptowalut-warto-kupic.html

Second-hand GPU lottery: Mining cards lose 10% performance every year | PC Gamer
https://www.pcgamer.com/palit-used-mining-graphics-cards-advice/

Buyer Beware: Crypto Mining GPUs Lose 10 Percent Performance Every Year --ExtremeTech
https://www.extremetech.com/gaming/325337-crypto-mining-gpus-lose-10-performance-every-year

The Palit Microsystems warning is related to the Chinese government 's policy to ban Bitcoin trading and mining announced in May 2021. China was once a major producer of crypto assets, which was said to produce up to three-quarters of the world's Bitcoin supply, but miners have closed down one after another due to the tightening of government crackdowns. Bitcoin prices have fallen sharply, and soaring graphics card prices have plummeted.

Graphic card prices plummeted, due to tightening Bitcoin regulations in China-GIGAZINE



From this background, a large number of used graphic cards used for mining have flowed into the market. PC gamers have been unable to purchase graphic cards for a long time due to the soaring price of mining, but the mining company that went out of business due to the tightening of the crackdown by the Chinese government sold a large amount of used graphic cards. The used graphic card market is revitalizing to meet the supply and demand of both parties.

In this trend, Palit Microsystems warns about the 'danger of used graphics cards.' According to the company, the performance of graphic cards that have been mining 24 hours a day, 365 days a year will drop by 10% in a year. For this reason, the company warns that even if a used graphics card looks cheap at first glance, you need to be careful.



According to Palit Microsystems, the first thing to look for when buying a used graphics card is the 'GPU cooler.' Graphic cards with non-genuine GPU coolers are likely to have been exposed to high temperatures, may have degraded performance, are at high risk of failure, and are not covered by warranty. It can even be transformed. From this point of view, you should pay particular attention to second-hand products with a replaced GPU cooler, but it is possible that even second-hand products with a genuine GPU cooler installed may be sold after the GPU cooler is returned to the genuine product. Therefore, after all, 'Be careful about used GPUs'.

in Hardware, Posted by darkhorse_log