Yandex. Market specialists have recorded a noticeably increased demand for video cards for mining cryptocurrencies in the Russian Federation. According to their data, in early December the number of transitions to offers to sell them increased by almost 70%, writes Prime.
Increased demand remained throughout December – residents of the Russian Federation were interested in video cards 1.5 times more often than in December 2019. The peak came at the beginning of the month.
On average, in 2020, Russians were looking for video cards worth about 25 thousand rubles, but since mid-December, this figure has increased to more than 50 thousand rubles.
Yandex. Market noted that the reasons for the December excitement are “another cryptocurrency boom”, the release of new “productive RTX 30XX chips, which are interesting not only for gamers, but also for miners” and a shortage in the market.
“Due to the pandemic, some production facilities are still not operating at maximum capacity, which provokes a shortage, and it is likely to last at least until June,” said Kirill Rodin, a representative of Yandex.Market.
According to him, the further situation depends on “the conjuncture of the cryptocurrency market and the extent to which manufacturers will be able to restore their capacity.”
Earlier, the media, citing the interviewed experts, wrote that the growth of cryptocurrencies led to a shortage of video cards, which will last until mid-2021.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.