Miners are selling huge quantity of RTX 3060 graphics cards in China

GPU mining

GPU mining

In the past few days, we have already seen that the price of cryptocurrencies is falling abruptly. Many countries across the world have already imposed a ban on mining cryptocurrencies or have laid down strict policies in the transaction of them.

Either way, this has led to a good favour for all the PC users or gamers out there. The reason is quite simple. Due to the fall in cryptocurrencies, many crypto miners are now selling their hardware in the market. We have already seen the price of GPUs falling for quite the same time frame.

Now, crypto miners started to sell off their GPUs in the market, making the latest GPUs available to normal persons at a reasonable rate. According to a recent report, mass selling of GPUs is currently the centre point of attraction in the Chinese market.

However, the same isn’t valid for other regions in the world. But we can hope that things will be shorting out sooner. Furthermore, no one can assure the quality and condition of these GPUs. They have been used to their full potential for quite a long time. Therefore, if you are not worried about the condition of the device itself, then you can try to get your hands on one of them.

GeForce RTX 3060 is currently being listed for 2,200 yuan to 2,899 yuan by one seller(around $336/£245/AU$450 – $450/£325/AU$600) but according to The Block, the price would be falling more to take up with rivalry, the owners are offering a lower price.

RTX 3060 sale

Another miner is selling different RTX 30 series and RX 6000 series graphics cards for a 50% discount.

RTX 30 and RX 6000 sale

There are still many miners like these who are listing graphics cards and even gaming laptops that have been used for the mining process rigorously. However, there are still some users who are currently mining cryptocurrencies even after a complete mining ban in China.