The last year or so has been hard for most of us gamers looking to build our own PC, and the reason is tied primarily to cryptocurrency’s popularity. It’s been years since graphics cards were used for Bitcoin mining, because the hardware arms race meant that specialized application-specific integrated chip (ASIC) mining hardware quickly overtook them. Ethereum mining, however, as with other digital currencies, doesn’t benefit in the same way from specialized hardware, and so graphics cards are a great solution for mining them, and that’s leading to stock shortages and price hikes.
Thick black lines represent the average price for parts in the given category. Gray banding represents the minimum / maximum price range. Individual part prices are displayed as light blue points within the gray banding, creating an intensity graph of the price distribution. Dips in the lower price bound typically correspond to sales, or in extreme cases merchant pricing mistakes. Price data includes promos, coupons, rebates, and shipping costs (when available).
GeForce GTX 1070 Ti(Average price in USD over last 18 months)
https://cdn.pcpartpicker.com/static/forever/images/trends/trend.gpu.chipset.geforce-gtx-1070-ti.6ef924ee4b171457f050f9835a338bd8.png
source: https://pcpartpicker.com/trends/price/video-card/
last January Nvidia stated that it was not happy with the current rising prices of GPUs and requested that retailers take action to ensure the needs of gamers were met before cryptocurrency miners.
“For Nvidia, gamers come first,” the company wrote in a comment to German website Computerbase.de. “All activities related to our GeForce product line are targeted at our main audience. To ensure that GeForce gamers continue to have good GeForce graphics card availability in the current situation, we recommend that our trading partners make the appropriate arrangements to meet gamers’ needs as usual.”
The GTX 1080 Ti, meanwhile, has a retail price of $700. That’s been inflated to at least $1,000 on Newegg, with most cards going between $1,200 and $1,400. Amazon does no better. At the time, we couldn’t find any cards with stock direct from Amazon.com. Most listings, provided by third-party stores, were well above $1,000.
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Rumor has it that both AMD and Nvidia are working on releasing mining-focused graphics cards which would ship with a slightly lower price tag and no video connectors. That would make them useless for running a gaming PC, but perfect for mining rigs, and could help keep prices down on standard GPUs. That may finally present an option that has some impact on pricing, but few such cards have appeared so far.
There’s till plenty of room for GPU prices to drop before they reach pre-mining levels, and there’s hope that as Ethereum ASIC miner systems reach the market that GPU prices will finally fall to normal levels. In the meantime, it will be significantly less painful for anyone who simply needs to pick up a new GPU.
https://icdn2.digitaltrends.com/image/gpu-price-drop-744x448.jpg
source: https://www.digitaltrends.com/computing/cryptocurrency-mining-graphics-card-prices/amp/
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