GPU miners “are not really investing in new equipment at the moment, since prices have been high for a while,” and “most of them are likely waiting for when Ethereum moves to PoS, to buy up the second-hand GPUs” from those who will give up when the shift happens, Joe Dowie, chief marketing officer at hashpower broker Nicehash, told CoinDesk.
GPUs Get Cheaper as Ethereum’s Switch to PoS Gets Closer
