Graphics card prices dropped due to miners
- July 3, 2022
- 0
The drop in the exchange rate of popular cryptocurrencies affected the decrease in the cost of video cards. This was reported by Bloomberg. Journalists of the publication noted
The drop in the exchange rate of popular cryptocurrencies affected the decrease in the cost of video cards. This was reported by Bloomberg. Journalists of the publication noted
The drop in the exchange rate of popular cryptocurrencies affected the decrease in the cost of video cards. This was reported by Bloomberg.
Journalists of the publication noted that with the decline in the value of cryptocurrencies, miners began to need less expensive computer equipment. According to estimates, more than a third of consumer video cards can be sold on the secondary market.
The authors noted that the cost of some popular Nvidia graphics cards has dropped by more than 50 percent. “People will buy less and less hardware related to the cryptocurrency market,” said Tristan Guerra, analyst at Robert W. Baird & Co.
Well, it turns out that the RTX 3090 Ti, which sold for $2,000 on eBay in April, is now $1,650. The RTX 3080 model with 10 gigabytes of memory, which was previously sold for $ 1,000, was launched for $ 770.
“With the decline in demand for cryptocurrencies, speculators are leaving the market,” said industry researcher John Paddy. Experts believe that cryptocurrency investors are reacting to changes in exchange rates and preparing to adapt.
Source: Port Altele
I’m Maurice Knox, a professional news writer with a focus on science. I work for Div Bracket. My articles cover everything from the latest scientific breakthroughs to advances in technology and medicine. I have a passion for understanding the world around us and helping people stay informed about important developments in science and beyond.