Technology
‘Foolish’ to Invest in High-End GPUs for Crypto Mining, Says Research Firm Head – CoinDesk – CoinDesk
Jon Peddie Research has cited two reasons it believes high-end GPUs aren’t worth the investment for ether miners.
Purchases of graphics processing units (GPUs) by cryptocurrency miners helped an explosion of sales during the fourth quarter of 2020, according to graphics and multimedia research firm Jon Peddie Research (JPR).
In a press release on Wednesday, JPR said GPU shipments rose by 20.5% in Q4 compared with the previous quarter and 12.4% year-over-year.
The increase in sales, largely due to a coronavirus-led shift to working from home offices and increase in indoor-related activities such as video gaming,…
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