Sales of video cards for mining showed an increase of 49% in August

16.09.2020 / Payment system news

Residents of Russia have again become more actively interested in the mining process. This is evidenced by the latest statistics, according to which sales of video cards for the extraction of digital assets in August showed an increase of 49% in monetary terms. Thus, the manufacturer of components for computers Nvidia recorded a twofold increase in sales compared to August last year, according to the newspaper “Kommersant”. Hardware upgrades are in response to users’ requests for new games and applications that require more capacity. In particular, according to demand, video cards, processors and RAM are currently leading.

It is worth noting that the video card market actively correlates with the movement of quotations for digital assets (sales are actively growing against the background of an increase in remuneration for the extraction of such assets). Let’s add that last month, Ethereum miners’ revenues exceeded $ 285 million, showing the maximum growth in the last 25 months.