Video cards continued to get cheaper in Russia even after the fall of the ruble

The cryptocurrency rate is falling at a record pace, and while some miners and crypto owners are sitting in anticipation, others

are actively selling their video cards and other equipment in order to somehow return the money spent, reports the RG publication. Discuss

Falling prices for video cards in RussiaFerra.ru editor Yevgeny Kharitonov connects just with the fall in the rate of the crypt. So, according to him, individuals and “small mining companies took their equipment for sale, including to sites such as Wildberries and Avito, which led to a noticeable drop in prices for video cards, which continued after a rapid collapse in June.” At the same time, he notes that even after the collapse in prices in June 2022 and the growth of the dollar, video cards did not begin to rise in price, but, on the contrary, decreased in price by about 10-15%, depending on the class of video cards.

Further prices for video cards in Russia depend onsupply stability – Currently, exchange rate fluctuations have not led to an increase in the price of video cards due to market oversaturation. Shuttle traders also played a role in this, purchasing new video cards for sale from Chinese marketplaces during the period when the dollar exchange rate was 55 rubles. But as supplies deplete, prices will begin to rise gradually.

Evgeny KharitonovEditor-in-chief of Ferra.ru

In general, the fall of the crypt affected the global market.mining in general, equipment is actively sold not only in Russia, but also abroad. However, Igor Runets, founder and CEO of BitRiver, believes that the mining market in Russia still has very high potential. According to him, in the first half of this year, the volume of orders for mining and blockchain computing from customers almost doubled when compared with the second half of 2021.