Especially during the pandemic period, the crypto frenzy that ravaged the world became one of the biggest problems that happened to the gaming world. GPUs, which crypto miners need a lot for this process, began to disappear from stocks due to the pandemic process. Add to that the shortages in the supply of chips, and many players can’t find a new graphics card.
But a new decision by the Chinese government is likely to lead to lower demand and prices for graphics cards. Sichuan, which even appears to be the “crypto mining capital” of the world, has seen significant price changes of up to 45 percent in GPU prices.
It has been suggested that both the Chinese government and the Sichuan local government are behind this situation. China, which has started to directly describe mining as illegal activity in regions such as China, Inner Mongolia and Qinghai in the past few weeks, is now pulling the plug on Sichuan. It is claimed that the decline of cryptocurrencies has played a big part in the fall in prices.
But will this eliminate the global GPU crisis? For now, it’s hard to comment clearly on that. But as you know, crypto miners aren’t the only problem behind the crisis. The chip crisis, which is still ongoing globally, seems to be staying with us for some time.