There are plenty of good GPU Mining how-to-guides on Youtube. So we write about macro developments affecting all miners, with a specific eye on hardware resale value, which is an area of the market where Bitpro shines.
It’s been a year since the Ethereum merge dramatically changed the landscape of GPU mining. Unfortunately, our hopes for a last-minute rescue were dashed, and the merge went through as planned. There’s really no need for us to tell you how bad the situation is since you’ve all lived through it and the results speak …
The Aftermath of the Merge on GPU mining profitability and the GPU market Read More »
Explore how crypto miners are repurposing GPU-based equipment for the booming AI industry, leveraging their expertise in energy management to find new opportunities in high-performance computing services.
GPU mining rigs can be repurposed for AI and machine learning workloads, but there are some challenges and considerations to be aware of. The suitability of a GPU mining rig for AI tasks will depend on the specific hardware components, their performance capabilities, and the requirements of the AI workloads. Here are some challenges that …
The challenges of selling GPU power for Rendering or AI workloads Read More »
What to do with mining rigs after the merge As a former Ethereum miner, in addition to cursing the almighty Core Devs, you’re probably wondering what to do with mining rigs now that the merge beckons them to Valhalla. While the income from GPU mining was never truly passive (any Rig MD will tell you …
Updated 9/6/2022 Selling your used GPUs on eBay or elsewhere online is starting to become increasingly challenging as supply is dramatically outpacing demand as we are going into the Merge as early as next week Wednesday. Our in-depth article on this topic provides a lot more detail on these recent developments. How It Started Supply …
The Effect of the Ethereum Merge on the GPU market Read More »
The short answer is yes, you should sell your GPU mining rigs. We do the math on why you should sell your GPU mining rigs, check out our article called GPU Mining Profitability After Ethereum Merges to Proof of Stake. The article also contains strategies to plan for the Ethereum Merge and what to do …
Meet with the Bitpro team at this year’s 5th annual Mining Disrupt® Bitcoin & Crypto Mining Expo and Conference. The event will take place in Miami, Florida from July 25-27, 2023. Meet with Kel to discuss how Bitpro can buy your GPU mining farm. We look forward to discussing the state of GPU mining with all …
Will GPU mining end after the Merge (formerly called ETH 2.0)? Here we are in 2022, and the merge is still 3-6 months away. Just like it has been for the past 4 years. It’s practically a punchline at this point. But despite the countless delays – we really are approaching the finish line. The …
GPU Mining profitability in 2022 Anyone who has been mining in 2022 has felt the pinch. Difficulty is rising and the price of ETH is dropping, among other things. You might be starting to wonder if building that farm was worth it. But the mining calculator says you’re still in the green, so as you …
Is GPU mining profitable in 2022? No, not even close [math] Read More »
Mark, Bitpro’s CEO, and Ethan Vera, COO of Luxor, discuss the factors behind the downward trend in GPU prices in an article for The Block. The last section of this post is a TL; DR on how this affects the future of GPU mining. Our TL;DR – Why are GPU prices dropping? The main factors …
