The prices of popular graphics cards from AMD and Nvidia are starting to drop after several months of artificial inflation. While still selling above MSRP (Manufacturers Recommended Retail Price), 3DCenter reports that the NVIDIA GeForce RTX 30 series is currently selling around 77% above MSRP compared to 87% last month. The AMD Radeon RX 6000 series is also seeing a similar reduction, currently selling at 67% MSRP instead of 83%.
Graphics card prices in 🇩🇪🇦🇹 as of January 23, 2022👉 Price level is going down, movement in the right direction is noticeable.👉 Availability even better, really no problem getting cards. Yellow line). https://t.co/fNSz3OX69i pic.twitter.com/leX4cynnGvJanuary 24, 2022
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Nvidia Ampere and AMD RDNA2 series card prices have been affected by numerous issues since all of their respective release dates, such as ongoing chip shortages, resulting in production capabilities not matching the growing demand and competition from Ethereum crypto miners. Although the price drop we are seeing is still much higher than it should be, it is good news that things seem to be back to normal.
Better yet, even though this drop coincided with the current crypto market crash, it probably didn't actually affect the price drop we're seeing right now, so the drop in Bitcoin's value is very likely. and Ethereum can further reduce the price of popular GPUs like GeForce RTX 3080 and Radeon 6700 XT.
We will know for sure if the crypto market crash affected GPU prices in next month's report, but as VideoCardz reports, Ethereum just hit its lowest value since August. This could serve as a decent deterrent for GPUs against miners, as the ETH 2.0 proof-of-stake update is expected to drop in June 2022, meaning it will now take years rather than months to generate enough revenue. . to buy graphics cards.
With the crypto market crash unlikely to have anything to do with falling GPU prices, it's not immediately clear what caused things to level off just yet, but availability has also shown some improvement in recent weeks with 3DCentre. mentioning in a tweet along with his findings that "availability is even better, really no problem getting cards", which could have influenced the market.
As always, let's try not to get too excited. We've seen both GPU prices and availability fluctuate over the last 14 months, so it's unlikely to fix the situation overnight, but it at least bodes well for people to have more chances to to get better. Half the price
Analysis: We're not out of the woods yet
A mix of misfortunes means that no singular reason can be attributed to the current market situation, but a key issue is supply, with the Covid-19 pandemic causing a drop in production. This, combined with minor issues like the rise in crypto mining over the last 18 months and rising market demand, created the “perfect storm” we have been caught up in. Aside from the market being flooded with affordable GPUs to discourage resellers, there's no easy fix.
When the ETH 2.0 update goes live, it could end the use of consumer graphics cards in Etherium mining rigs, but it is very important to note that this is not the only issue causing stock shortages and inflated prices. who we have messed with. . . While this could certainly make it easier to get cards, it's unlikely to fix the whole situation and bring all GPUs back to MSRP at global retailers.
If you've been trying to get your hands on a new GPU at a reasonable price, you've been waiting a long time. Our best advice is to consider buying a gaming laptop or, if your internet connection is good enough, consider trying streaming services like Nvidia GeForce Now. With any luck, production will ramp up and the graphics card market may start to stabilize, though things could remain uncertain until AMD and Nvidia release their next generation of cards.
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