Prices of GPUs Fall, Supply Increases as China Cracks Down on Crypto Mining


Source: world-news-monitor.com world-news-monitor.com

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Prices of GPUs Fall, Supply Increases as China Cracks Down on Crypto Mining Coindesk | Jun 21, 2021 at 9:09 AM Prices of graphics processing units (GPUs) are starting to come back down to Earth after reports China has begun cracking down on crypto mining in the province of Sichuan. On Friday, the Sichuan branch of the National Development and Reform Commission and the Sichuan Energy Bureau issued a decree to crack down on crypto mining operations. Demand for cryptocurrency and the resulting price rises also led miners to seek out the latest cards in a bid to tap into...