I don't get it. Are GPUs still profitable for mining anything? Hasn't the industry shifted to ASICs for many years now? I doubt any serious miners are buying u

I don't get it. Are GPUs still profitable for mining anything? Hasn't the industry shifted to ASICs for many years now? I doubt any serious miners are buying up all the GPU stock. The shortage looks more like an effect of rampant scalping which we see with other electronics as well (PS5), and the general chip shortage impacting the supply chain. A cynic might think they're selling off low quality components with a marketing spin that they're actually helping consumers. With the current insane market prices, any attempt to meet the demand sounds like a great profit opportunity. A cynic might think that, but not me. :) Just take my money, Nvidia.