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A comment on GPU mining no longer profitable after Ethereum merge. Parent comment

Re:GPU mining no longer profitable after Ethereum merge by quotemstr on Friday September 16, 2022 @08:07PM (#32873573)
> SO MANY gpus that are now going to be cheaper than sand

The market knew that the PoS merge was coming. I'd have expected the market to therefore have already factored the PoS transition into GPU prices. Why do you think GPU prices are tanking now?

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Re:GPU mining no longer profitable after Ethereum merge by plonk on Saturday September 17, 2022 @04:51AM (#32875907)
The market for GPUs isn't as efficient as the stock market. Miners might also have wanted to profit right until the end. The price doesn't come down until the used GPUs actually hit the stores.
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