New and Used GPU Prices Continue to Fall as Cryptocurrency Crashes

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NVIDIA GeForce RTX 3060T

NVIDIA GeForce RTX 3060T
image: nvidia

Bad news for crypto miners is good news for gamers. While GPU prices have fallen steadily over the past few months, the ongoing cryptocurrency crash appears to be accelerating the return to MSRP. As such Tom’s Hardware ReportsGPU prices fell about 15% in May after falling 10% to 15% in previous months. In some cases, the prices are lower than the recommended rates.

Currently, the user market on eBay is declining at a faster rate, although prices for new GPUs are also steadily dropping. Retail prices have fallen by 2% over the past two weeks; It may not look like snoth But this drop was offset by a 9% increase in the price of the RTX 3080 (12 GB).

Top Nvidia and AMD graphics cards have seen significant price drops, with the RTX 3070 and RTX 3070 Ti down 7% and the RTX 3050 now 6% more expensive than before. Even the flagship RTX 3090 Ti is down 5%. Things were a little flatter on the AMD front, although the Radeon RX 6600 XT and RX 6600 prices were down 3%. Most of Team Red’s other cards kept their price on a monthly basis but were already close to MSRP, While Nvidia cards have a longer return path.

Considering the average sale price compared to the suggested price, only high-end Nvidia cards (RTX 3090 Ti, RTX 3090, RTX 3080 Ti) are sold at MSRP or below. Others – including the RTX 3080, 3070, 3060 Ti, 3060, and 3050 – remain $50 to $100 above the order.

The market used, as mentioned above, It decreases at a faster rate. Over the past two weeks, Nvidia’s RTX 3060 Ti has dropped by 19%, the RTX 3080 by 17%, and the RTX 3070 by 15%. Average prices sold on eBay were down 10% in just 14 days, and if you ignore the AMD RX 6750 XT and RX 6400 (which are hard to find anyway), the average drop was 12%.

Tom’s Hardware suggests reselling these cards, in part due to the sharp drop in value of the cryptocurrency. With the cryptocurrency crashing and energy prices rising, miners are giving up and trying to recoup some of the money they lost buying hardware before anyone sells their GPUs to a lower price. By the way bitcoin, Down about $32,000 around $21,000 for the past few weeks, while Ethereum price is around $1,100, down from $1,900 previously. Keep in mind that used GPUs can be bulky junk used by crypto miners, and may not have much life left in them.

Either way, the result is affordable GPUs for gamers that have been sidelined for the past two years as supply chain issues and speculators have made it nearly impossible to buy GPUs. graphics card and even more difficult to find at a reasonable price. As Tom’s Hardware points out, the RTX 3080 cost over $1,000 just a few months ago; You can now find one for Around $640, or in a particular offer, $418 when you buy six.

So do you have to Go out and buy a GPU now? not exactly. should run nvidia RTX40. serial cards Later this year, AMD will be competing with the RX 7000 GPUs. These will no doubt offer significant performance gains over the outgoing cards, but the real question is whether there will be enough stock – and enough competitive pricing – to make them worthwhile upgrades over the next generation. The current one is now affordable.

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