My experience with RISC-V so far is that the chips are not much faster than QEMU emulation. In other words, it's very slow.
Some of that could be related to the ISA but I'm hoping that it's just the fact that the current implementations aren't mature enough.
The vast majority of the ecosystem seems to be focused on uCs until very recently. So it'll take time for the applications processors to be competitive.
Same experience here.
At least for SBCs, I’ve bought a few orange pi rv2s and r2s to use as builder nodes, and in some cases they are slower than the same thing running in qemu w/buildx or just qemu
Oftentimes slow is fine, when the work is parallel and the hardware is cheap
The arrival of the first RVA23 chips, which is expected next month, will change the status quo.
Besides RVA23 compliance, these are dramatically faster than earlier chips, enough for most people's everyday computing needs i.e. web browsing, video decoding and such. K3 got close to rpi5 per-core performance, but with more cores, better peripherals, and 32GB RAM possible, although unfortunately current RAM prices are no good.
And it'll only get better from there, as other, much faster, RVA23 chips like Tenstorrent Alastor ship later this year.
That has been the case so far but is changing this year.
The SpacemiT K3 is faster than QEMU. Much faster chips are expected to release over the next few months.
I mean things like the Milk-V Pioneer were already faster but expensive.
One thing that has been frustrating about RISC-V is that many companies close to releasing decent chips have been bought and then those chips never appear (Ventana, Rivos, etc). That and US sanctions (eg. Sophgo SG2380).