Nvidia GeForce RTX 3060 TiImage: Nvidia
The bad news for cryptocurrencies is good for gamers. While GPU prices have been falling steadily in recent months, it seems that the ongoing cryptocurrency fall is accelerating the return to the MSRP. As reported by Tom’s Hardware, GPU prices fell by about 15% in May after falling from 10% to 15% in previous months. In some cases, prices are falling below the recommended prices.
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At the moment, the used market on eBay is declining at a faster pace, although the prices of new GPUs are also steadily declining. Retail prices fell 2% in the last two weeks; It may not seem like much, but this decline was offset by a 9% increase in the price of the RTX 3080 (12 GB).
Nvidia and AMD’s major graphics cards enjoyed significant price drops, with the RTX 3070 and RTX 3070 Ti dropping 7% and the RTX 3050 now 6% more affordable than before. Even the flagship RTX 3090 Ti has dropped 5%. Things were more stable on the AMD front, although prices for the Radeon RX 6600 XT and RX 6600 fell 3%. Most of the other Team Red cards kept their price down month by month, but they were already close to MSRP, while Nvidia cards have a longer way to go.
Considering the average retail price compared to the suggested retail price, only high-end Nvidia cards (RTX 3090 Ti, RTX 3090, RTX 3080 Ti) are sold at or below the recommended retail price. The others, including the RTX 3080, 3070, 3060 Ti, 3060 and 3050, are between $ 50 and $ 100 above the question.
The second-hand market, as mentioned above, is falling at an even faster rate. Over the past two weeks, Nvidia’s RTX 3060 Ti has fallen 19%, RTX 3080 17% and RTX 3070 15%. Average selling prices on eBay were down 10% in just 14 days, and if you ignore the new AMD RX 6750 XT and RX 6400 (which are hard to find anyway), the average drop was 12%.
Tom’s Hardware suggests that these cards are being sold, in part, due to the sharp drop in the value of the cryptocurrency. With the fall in cryptography and rising energy prices, miners are giving up and trying to recoup some of the money they lost by buying equipment before everyone else sells their GPUs at a lower price. Bitcoin, by the way, has dropped from a high of $ 32,000 to about $ 21,000 in recent weeks, while Ethereum is around $ 1,100, below $ 1,900. Keep in mind that the GPUs used may be overworked scraps used by cryptographic miners and may not have much life left.
Either way, the results are more affordable GPUs for gamers who have been sidelined for the past two years, as supply chain and climber problems have made it nearly impossible to buy a graphics card and even more difficult. find one at a reasonable price. As Tom’s Hardware points out, the RTX 3080 cost more than $ 1,000 just a few months ago; you can now find one for about $ 640 or, in a particular offer, $ 418 when you buy six.
So you should go out and buy a GPU right now? Not exactly. Nvidia is scheduled to launch RTX 40 Series cards later this year, while AMD will be competing with the RX 7000 Series GPUs. if there will be enough stock (and a price competitive enough) to make them worthwhile upgrades compared to the current generation, now more affordable.