These Chinese gamers had a huge surprise when they received their new graphics card

News JVTech These Chinese gamers got a huge surprise when they received their new graphics card

Share:


China, taking advantage of the decline in the cryptocurrency market, is witnessing a worrying phenomenon: the massive resale of old Nvidia and AMD graphics cards used by miners.

The aftermath of the cryptocurrency boom: A windfall for the Chinese refurbished GPU market

The recent downturn in the cryptocurrency market has led to a shift in focus for Chinese players towards a new lucrative niche: the resale of used graphics cards. Miners, facing a drop in profitability of their activities, have mass-sold their old Nvidia and AMD cards, creating a significant supply on the secondary market.

View graphics cards on Amazon

Unscrupulous Chinese brands, like Jieshuo, have seized this opportunity to acquire these GPUs in large quantities, recondition them, and offer them for sale as new products.

The unique aspect of this practice lies primarily in the modification of the graphics cards to increase their available video memory. Models such as the RTX 3080 20GB, which were never officially launched by Nvidia, are thus modified to achieve a higher VRAM capacity, offering buyers theoretically improved performance.

These cards, although used intensively by cryptocurrency miners, are presented as new after a refurbishment process that includes thorough cleaning, possible disassembly and reassembly, as well as the installation of new thermal dissipation systems.

American sanctions and new economic opportunities: A market biased by circumstances

One of the driving forces of this parallel market is the recent imposition of American sanctions on graphics cards equipped with a large amount of video memory.
In this context, modified versions of GPUs, like the RTX 3080, have increasing demand in the Chinese market.

The prices of these modified graphics cards have significantly increased, from $600 a year ago to nearly $900 currently. This surge in prices encourages the reuse of old cards, creating a cycle where used products are presented as new, with substantial profit margins for the involved players.

However, this practice raises ethical concerns regarding transparency towards consumers. Buyers, often gamers or companies seeking to integrate these modified GPUs into artificial intelligence models, are not always informed of the origin and previous use of these cards.

Unscrupulous brands risk deceiving consumers by making them believe that they are acquiring new products and not components that have already been heavily used. The debate arises on the need to regulate this market and ensure transparency throughout the refurbishment process, highlighting the ethical issues in the growing second-hand computer hardware industry in China.

Facing this growing market of refurbished GPUs in China, consumers are confronted with major challenges. Aside from the risk of purchasing potentially worn products without being informed of their history, the question of warranty and after-sales support arises. Buyers may find themselves in a delicate situation in case of malfunction, as unscrupulous brands offering these modified GPUs often only guarantee two years of support.

Pressure could increase on Nvidia and AMD to take action and protect consumers. These manufacturers could consider solutions such as implementing certification programs for second-hand products, partnerships with trusted retailers, or even awareness campaigns to educate consumers about the risks associated with purchasing modified hardware. Regulation of the refurbished components market could also become a priority in order to prevent deceptive practices and ensure increased transparency for buyers, thereby consolidating trust in the technology industry in China.

View graphics cards on Amazon

This page contains affiliate links to certain products that JV has selected for you. Every purchase you make by clicking on one of these links will not cost you more, but the e-retailer will pay us a commission.
The prices indicated in the article are those offered by the merchants’ websites at the time of publication and these prices are subject to variation at the sole discretion of the merchant’s website without JV being informed.
Learn more.

Leave a Reply

Your email address will not be published. Required fields are marked *