Ethereum miners spent $15 billion on GPUs in the last two years

Ethereum miners have spent $15 billion in GPUs over the past one and a half years, with that amount being higher when factoring in other parts like CPUs, PSUs, and chassis.

The report originally comes from analysts from Bitpro Consulting, which Bloomberg reported on and our friends over at Tom’s Hardware spotted. It seems that Ethereum miners might have depleted about 10% of the total GPU supply during the cryptocurrency bubble of the last two years.