Well I am shocked, SHOCKED I say! Well, not that shocked.

  • DefederateLemmyMl@feddit.nl
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    6 hours ago

    bitcoin mining

    That’s a thing of the past, not profitable anymore unless you use ASIC miners. Some people still GPU mine it on niche coins, but it’s nowhere near the scale as it was during the bitcoin and ethereum craze a few years ago.

    AI is driving up prices or rather, it’s reducing availability, which then translates into higher prices.

    Another thing is that board manufacturers, distributors and retailers have figured out that they can jack up GPU prices above MSRP and enough suckers will still buy them. They’ll sell less volume but they’ll make more profit per unit.