Used graphics cards cost more than new ones because of Bitcoin 3
Using an RTX2070 Super graphics card, Mr. Dao Tien (Hanoi) took it apart and resold it because the product price suddenly increased.
On `markets` that buy and sell computer components, old VGAs have become a sought-after item, from VGA models costing several million VND to products worth tens of millions of VND.
According to the owner of a computer store on Thai Ha Street (Hanoi), used VGA cards still have high prices because they are sought after by coin miners and are currently extremely scarce on the market.
The virtual currency mining `farm` uses graphics cards.
The products are resold mainly in the mid and high-end segments.
However, most stores and distributors in Vietnam cannot confirm when this market will return to the way it was before.
`Maybe when the cryptocurrency mining movement subsides, or manufacturers launch card models specifically for mining virtual money, the market will return to normal,` said a representative of a micro-equipment store.
The VGA market in Vietnam has been in short supply since mid-2020, in the context of increased prices of Bitcoin and other cryptocurrencies.
`These people use many tricks to collect VGA, such as pretending to buy cheap PC sets, or inviting normal users to buy together, to get VGA. This makes normal users who need strong VGA to work
Graphics card models continue to increase in price in Vietnam.
According to Tomshardware, cryptocurrency price increases will be a `disaster` for the gaming graphics card market.
