300 of NVIDIA’s new crypto mining cards have been seized by Hong Kong customs

It appears that Hong Kong customs are having a good day seizing some 300 new CMP mining cards (Crypto Mining Processors) from NVIDIA.

300 of NVIDIA's New Crypto Mining Cards Seized by Hong Kong Customs 01 |  TweakTown.com

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According to MyDrivers, Hong Kong Customs has seized crypto mining GPUs in a smuggling attempt, but that’s not what you should do if China bans crypto mining farms in some regions. There were massive spikes in electricity demand from crypto mining companies that benefited from cheap electricity prices in many regions of China.

It is estimated that about 65% of global mining power requirements are supplied by China, which is why the government has been curtailing crypto mining operations quite hard. The 300 new NVIDIA crypto-mining GPUs were seized, with the entry-level CMP 30HX in bulk.

300 of NVIDIA's New Crypto Mining Cards Seized by Hong Kong Customs 02 |  TweakTown.com

Now imagine seeing all these crypto mining cards and not being able to do anything about them – you can’t use them as gaming graphics cards because they have no display output – and you know there are 300, so crypto mining with cheap electricity = foolish not to.

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