Chinese Use Laptops With RTX 3000 to Mine Crypto
Another segment of PC hardware could be affected by cryptocurrency boom. In China, miners have taken to buying up laptops with RTX 3000 cards en masse to mine Ethereum.
- Cryptocurrency miners are looking for new ways to maximize their profits;
- The use of laptops equipped with RTX 3060 and 3070 is gaining popularity in China.
If you thought that things couldn't get any worse in the hardware market, cryptocurrency miners will prove you wrong. Due to the constant shortage of GPUs on the market, miners turned their attention to new laptops equipped with Nvidia GeForce RTX 3000.
Photos of laptop farms, which are used to mine Ethereum appeared on the web. Currently, the greatest interest is displayed in models equipped with GeForce RTX 3070, which were instantly sold out. Bearing in mind that laptops with these card models are not the cheapest, the profitability of using them for mining must be high if there are people willing to spend so much.
At first glance, the decision of miners to use laptops in crypto farms may seem unreasonable, but reports that recently hit the web seem to confirm that the latest mobile GPUs from Nvidia do indeed handle Ethereum mining quite well. According to information shared on the popular Chinese messaging website Baidu Tieba, the overclocked RTX 3060 mined ETH only 19% slower than the desktop RTX 3070.
People involved in mining revealed that they set up the laptops as you can see in the photo above, and next to it, to ensure proper ventilation of the room, they create an improvised cooling system with dozens of 120 mm fans.
We cannot hope that the trend will die out. A video of a popular Chinese influencer Fish Pond F2pool appeared in the Chinese social network BiliBili, showing how easy it is to mine Ethereum on a laptop. To do this, she went to Starbucks, spent two hours there with a laptop equipped with an RTX 3060 plugged into a power outlet. During that time, the hardware mined 0.00053 ETH, which translates to about $0.89.
Ethereum is another cryptocurrency which, following Bitcoin, experienced gigantic value increases in recent weeks - it has been breaking records, even exceeding the price of $1,700 per piece for a short time. It's no wonder that any hardware with RTX 3000 chips is attracting so much interest from miners.
It seems that after clearing the desktop GPU segment, miners are taking to laptops. So expect growing availability issues.
