Ethereum & Crypto Mining is DEAD, Huge Flood of GPUs coming, and EVGA Exits the Graphics Card Market

The Ethereum merge has finally happened. Ethereum is now going proof of stake which means that mining for these coins is officially dead and for that matter this has also effectively killed crypto mining altogether. Which means now we’re going to be seeing flood of gaming graphics cards hit the used market. I’ve seen GPUs like the RTX 3080 Ti and RTX 3070 hit the used market for some really steep low prices. While we would love to rejoice about this, there was also some unfortunate news in the industry that EVGA is exiting the graphics card market. They have terminated their partnership with Nvidia and will no longer make graphics cards for them. A huge hit to the market imo.

SOURCES
https://youtu.be/cV9QES-FUAM - GN EVGA Exit
https://ethereum.org/en/upgrades/merge
https://www.theverge.com/2022/9/15/23354619/ethereum-cryptocurrency-merge-energy-electricity-greenhouse-gas-emissions-reduction


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