{"id":38617,"date":"2021-03-10T09:34:34","date_gmt":"2021-03-10T07:34:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38617"},"modified":"2025-08-30T05:39:45","modified_gmt":"2025-08-30T02:39:45","slug":"russians-double-interest-in-buying-mining-equipment","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/russians-double-interest-in-buying-mining-equipment\/","title":{"rendered":"Russians double interest in buying mining equipment"},"content":{"rendered":"<p>In February 2021, demand for graphics processing units on the online marketplace Avito rose 2.6-fold from the same period a year earlier, according to RIA Novosti, citing the company&#8217;s press service.<\/p>\n<p>Despite the hype, listings for sale of graphics cards increased by only 18%.<\/p>\n<p>Ready-made mining rigs saw demand rise 3.8-fold compared with February last year, while advertisements for their sale on the site grew by 65%.<\/p>\n<p>In early January 2021, amid Ethereum&#8217;s rapid price rise, its <a href=\"https:\/\/u1f987.com\/en\/news\/january-2021-in-numbers-bitcoin-and-ethereum-hit-new-highs-miner-revenues-reach-record-levels-and-the-reddit-factor\">hash rate rose by 21%<\/a>, indicating renewed interest by &#8216;home&#8217; miners in mining the second-largest cryptocurrency by market capitalization.<\/p>\n<p>Compared with December, Avito analytics recorded a 52% increase in demand for graphics cards.<\/p>\n<p>At the end of 2020, Yandex.Market also reported that visits to graphics card sale listings rose by nearly 70%.<\/p>\n<p>The global market in this period faced a shortage of equipment \u2013 high-performance models disappeared from open sale, and <a href=\"https:\/\/u1f987.com\/en\/news\/media-rise-in-cryptocurrencies-has-led-to-gpu-shortages-that-are-set-to-persist-until-mid-2021\">the price of graphics cards increased by an average of $100<\/a>.<\/p>\n<p>Earlier, ForkLog reported that miners from China, South Korea and Taiwan began <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-miners-trigger-gaming-laptop-shortage-as-nvidia-tightens-hash-rate-limits\">massively buying gaming laptops<\/a> based on GeForce RTX 3060 GPUs. This occurred after Nvidia announced plans to <a href=\"https:\/\/u1f987.com\/en\/news\/nvidia-to-cap-hash-rate-on-geforce-rtx-3060-gpus\">limit the hash rate of desktop GPUs<\/a>.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 full feed of news, <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>In February 2021, demand for graphics processing units among users of the Avito online marketplace rose by 2.6 times from a year earlier, according to RIA Novosti, citing the company&#8217;s press service.<\/p>\n","protected":false},"author":1,"featured_media":38618,"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":[1137,27],"class_list":["post-38617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"5","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38617","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=38617"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38617\/revisions"}],"predecessor-version":[{"id":38619,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38617\/revisions\/38619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38618"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}