12 Nov '17, 7pm

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

Mining 2 hours ago | By Kevin Helms - | 6985 | 7 Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage. Also read: Bitcoin-Based Ethereum Rival RSK Set to Launch Next Month Sberbank Apologized for Buying Up Graphics Cards Sberbank, the largest bank in Russia and third largest in Europe, is majority-owned by the Russian government. According to senior vice president, Alexander Vedyakhin, the bank’s research lab was behind the dry spell. Ria Novosti reported on Saturday: The reason for the deficit in the video card market was Sberbank...

Full article: https://news.bitcoin.com/sberbank-buying-graphics-cards-r...

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