Crypto Crash May Mean More Affordable GPUs to Get

Cryptocurrency prices have plummeted; bitcoin is down $10,000 (one third of its value) and ethereum has lost the 40% of its value during the last month.

This is drastically changing the capitalist calculus of crypto mining to the point where some crypto miners are giving up.

And that’s great news for GPU prices.

What has kept the GPU Out of reach for players for the past few years, it has been the simple economic forces of supply and demand.

Supply issues related to the pandemic have restricted the supply of video cards, while massive demand from both gamers and crypto miners has meant that retailers are unable to keep up with the cards. GPU in stock and has skyrocketed prices on the secondary market.

Nevertheless, Tom’s Hardware has been tracking the prices of GPU and the publication noted a steady drop in average prices over the past few months.

We are now at the point where some high-end video cards, such as Nvidia RTX 3090, 3090 Ti Y 3080Ti, actually sell for below MSRP at some retailers.

The most popular cards, such as RTX 3070, 3060 Y 3060Ti, still sell for over MSRP, but not for long, and perhaps not for much longer.

Things look even better on the secondary market.

Head over to Ebay and you’ll find deals on new and used GPUs.

here’s a RTX 3080 new for $780, or used for $570. Which is probably driving video card prices even lower on sites like eBay they are the same old crypto miners.

As crypto miners leave the crypto mining game and sell their old hardware, the price of these video cards is well below what we have seen in years.

But should you buy a card from a former crypto miner?

Well, these cards have typically been running at full speed for months or even years, and although Linus Tech Tips has confirmed that this probably doesn’t affect its performance, it will probably affect the overall lifespan of the GPU.

If you can find a good deal, it might be okay to buy an old crypto miner card, but be sure to check out those fans carefully.

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