As expected for some time, the cryptocurrency Ethereum has finally officially changed its algorithm from Proof of Work (PoW) to Proof of Stake (PoS). This change means that this digital currency will no longer be mined through graphics cards.

Thus, recent information indicates that after this change, the price of already used graphics cards has decreased by 40%.

Ethereum: The price of used printers drops by 40%
from 15 september, Change Ethereum Algorithm From PoW to PoS Graphics cards will free you from mining this cryptocurrency.  In addition to fueling the increase in the stock of GPUs, previously directed collectively to this practice, and the sharp decrease in power consumption, this reality will also lead to the sale of many GPUs used in digital extraction.  Currency.
Thus, the data that begins openOn the GPU scene, it showed that the price of used graphics has already fallen by about 40% in the main buying and selling channels.  On these platforms, there has been a growing emergence of graphics cards previously dedicated to cryptocurrency mining.
This scenario began to emerge in Europe within 24 hours of the announcement of the algorithm change.  And in stores like eBay, models like Nvidia's GeForce RTX 3080 or RTX 3070 saw a price drop by nearly half.

Across

Reduce power consumption by 99.95%
The data analyzed the scenario more than 24 hours after The Merge, and even Ethereum.org itself reports that power consumption has decreased by 99.95% due to this change.  As was already expected, this represents a saving of 0.2% of the world's energy, which is equivalent to what is required to power 5 of the major cities on the planet.
As such, these values ​​give us an idea of ​​the amount of graphics cards running throughout the day without stopping.
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