{"id":36363,"date":"2021-02-12T16:43:40","date_gmt":"2021-02-12T14:43:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36363"},"modified":"2025-08-29T05:58:52","modified_gmt":"2025-08-29T02:58:52","slug":"miner-profits-from-an-old-gpu-amid-equipment-shortages","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/miner-profits-from-an-old-gpu-amid-equipment-shortages\/","title":{"rendered":"Miner profits from an old GPU amid equipment shortages"},"content":{"rendered":"<p>A miner from Russia resold an old graphics card and earned an amount three times its initial cost. He <a href=\\\"https:\/\/overclockers.ru\/blog\/vinegret\/show\/46920\/kak-ya-zarabotal-40-000-rublej-iz-za-majninga-pereprodal-videokartu-vtroe-dorozhe\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">\u0440\u0430\u0441\u0441\u043a\u0430\u0437\u0430\u043b<\/a> in a blog on Overclockers.<!--more--><\/p>\n<p>\\n<\/p>\n<p>A user under the handle Met74 bought an AMD Radeon RX 5700 graphics card at the end of 2019 for 20 000 rubles.<\/p>\n<p>\\n<\/p>\n<blockquote>\n<p>\u201cExcellent deal, bought it almost at the bottom of the market,\u201d he said.<\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p>Met74 had not previously been interested in cryptocurrency mining and only followed news about Bitcoin. But in 2021 GPUs rose sharply in price and a shortage of equipment emerged.<\/p>\n<p>\\n<\/p>\n<blockquote>\n<p>\u201cLast week I visited the online store Citilink and was simply stunned. The \u201cbudget\u201d GTX 1660 now costs more than 40 000 rubles.\u201d<\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<div id=\\\"attachment_124763\\\" style=\\\"width: 810px\\\" class=\\\"wp-caption alignnone\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-124763\\\" class=\\\"size-full wp-image-124763\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/230121_O.png\\\" alt=\\\"\u041c\u0430\u0439\u043d\u0435\u0440 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u043b \u043d\u0430 \u0441\u0442\u0430\u0440\u043e\u0439 \u0432\u0438\u0434\u0435\u043e\u043a\u0430\u0440\u0442\u0435 \u0432 \u043f\u0435\u0440\u0438\u043e\u0434 \u0434\u0435\u0444\u0438\u0446\u0438\u0442\u0430 \u043e\u0431\u043e\u0440\u0443\u0434\u043e\u0432\u0430\u043d\u0438\u044f\\\" width=\\\"800\\\" height=\\\"264\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/230121_O.png 800w, https:\/\/u1f987.com\/wp-content\/uploads\/230121_O-300x99.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/230121_O-768x253.png 768w\\\" sizes=\\\"auto, (max-width: 800px) 100vw, 800px\\\" \/><\/p>\n<p id=\\\"caption-attachment-124763\\\" class=\\\"wp-caption-text\\\">Source: Overclockers.<\/p>\n<\/div>\n<p>\\n<\/p>\n<p>The user also found the going price for his GPU model \u2014 price tags ranged from 50 000 to 70 000 rubles.<\/p>\n<p>\\n<\/p>\n<blockquote>\n<p>\u201cUnderstanding the folly of the situation, I listed my card for 60 000 rubles. A buyer appeared after a couple of days. Given that the graphics card was under warranty, he didn\u2019t check it much. Thus I resold the card for three times its price.\u201d<\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<div id=\\\"attachment_124764\\\" style=\\\"width: 810px\\\" class=\\\"wp-caption alignnone\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-124764\\\" class=\\\"size-full wp-image-124764\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/230136_O.jpeg\\\" alt=\\\"\u041c\u0430\u0439\u043d\u0435\u0440 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u0430\u043b \u043d\u0430 \u0441\u0442\u0430\u0440\u043e\u0439 \u0432\u0438\u0434\u0435\u043e\u043a\u0430\u0440\u0442\u0435 \u0432 \u043f\u0435\u0440\u0438\u043e\u0434 \u0434\u0435\u0444\u0438\u0446\u0438\u0442\u0430 \u043e\u0431\u043e\u0440\u0443\u0434\u043e\u0432\u0430\u043d\u0438\u044f\\\" width=\\\"800\\\" height=\\\"469\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/230136_O.jpeg 800w, https:\/\/u1f987.com\/wp-content\/uploads\/230136_O-300x176.jpeg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/230136_O-768x450.jpeg 768w\\\" sizes=\\\"auto, (max-width: 800px) 100vw, 800px\\\" \/><\/p>\n<p id=\\\"caption-attachment-124764\\\" class=\\\"wp-caption-text\\\">Source: Overclockers.<\/p>\n<\/div>\n<p>\\n<\/p>\n<p>The user added that he decided to sell the graphics card because he believes the cryptocurrency boom will not last long:<\/p>\n<p>\\n<\/p>\n<blockquote>\n<p>\u201cWhen millions of people come to the market who know nothing about this, expect trouble. I predict the bubble will burst by summer. Miners will frantically try to offload useless cards, trying to recover at least part of their money.\u201d<\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p>He expects price stabilization by autumn 2021 and does not rule out that in the future he may buy a new graphics card, for example, the RTX 3080.<\/p>\n<p>\\n<\/p>\n<p>Earlier ForkLog reported that miners from China <a href=\"https:\/\/u1f987.com\/en\/news\/china-based-miners-assemble-a-laptop-farm-capable-of-yielding-77000-in-ethereum-per-year\">built a farm from laptops<\/a>, which is capable of bringing $77,000 in Ethereum per year.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A miner from Russia resold an old graphics card and earned three times its original cost. He spoke about it in a blog on Overclockers.<\/p>\n","protected":false},"author":1,"featured_media":36364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137],"class_list":["post-36363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36363"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36363\/revisions"}],"predecessor-version":[{"id":36365,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36363\/revisions\/36365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36364"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}