Amid Crypto Implosion, AMD and Nvidia GPUs Are Coming Down in Price
The graphics cards, and general gaming tech, deficit is continuing to be something of a blight on the industry and the customers who are struggling to get hold of new hardware products, such as an AMD or Nvidia graphics card, are still feeling the pinch. Crypto is being blamed for much of the shortages, and while some GPUs like the RTX 3050 are bad for cryptomining, it's still held responsible for stock remaining at an all-time low. However, it looks as though prices are coming down as crypto experiences lows itself.
According to a recent report from Tom's Hardware, prices for Nvidia RTX and AMD RX cards have started to come down in price, with some showing a 10% decrease since December 2021. On average, it looks as though most of the current graphics cards on the market are dropping by 5%, if not more. The reason for this, it seems, is that Bitcoin and Ethereum are at record lows, with coin values dropping by 50% of their highest values.
Nvidia Gets Flak as It Compares Upcoming RTX 3050 To Five Year Old GTX Card
While there is still a long way to go, GPUs such as the Nvidia RTX 3090, probably one of the most powerful cards on the current market, has dropped in price by nearly 10%, and has sold more since last December. However, the report goes on to say that the «star of the show» is the AMD RX 6600, which saw a decrease of 11.6% going from $586.89 to $518.66, which is nearly $70 cheaper than it was at the end of 2021. In general, it's looking like good news for those who have been waiting for the cost to come down on GPUs, but it is still early days yet.
Given that some Nvidia 30-series cards have gone up in parts of Europe, potential customers should continue to keep a watchful eye on the market, especially outside the
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