Companies Find New Use for Cryptomining GPUs ...Middle East

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Companies Find New Use for Cryptomining GPUs
Highlights Chinese graphic card manufacturers are refurbishing and selling cryptocurrency mining GPUs from Nvidia and AMD by modifying them to include more VRAM. The Ethereum cryptocurrency switching to a proof-of-stake model in September 2022 led to miners selling off their graphics cards, which ended up in the hands of PC gamers. Chinese company Jieshuo is selling modified GPUs, such as the Nvidia RTX 3080 with 20 GB of VRAM and the AMD Radeon RX 580 with 16 GB of VRAM, as AI accelerators on sites like AliExpress.

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