GPU prices are finally dropping again

 

Popular graphics cards from both AMD and Nvidia are starting to fall in price after many months of suffering from artificial inflation. While still selling for over the MSRP (manufacturers recommended retail price), 3DCenter reports that the NVIDIA GeForce RTX 30 series is currently selling for around 77% over MSRP vs the 87% over from last month. The AMD Radeon RX 6000 series is also seeing a similar reduction, currently retailing for 67% over MSRP instead of 83%.

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 Cards in the Nvidia Ampere and AMD RDNA2 series have had their prices affected by numerous issues since all of their respective launch dates, such as the ongoing chip shortage causing production capabilities to not match the growing demand and competition from Ethereum crypto miners. While the falling prices we're seeing are still much higher than they should be, it's good news that things look like they're back on the right track.

Better yet, despite this drop coinciding with the current crypto market crash, it's likely that hasn't actually affected the drop in prices that we're seeing yet so there's a good chance that the falling value of Bitcoin and Ethereum could push the price of popular GPUs like the GeForce RTX 3080 and Radeon 6700 XT even lower.

We'll know for sure if the crypto market crash has affected GPU prices in next month's report, but as VideoCardz reports, Ethereum has just marked its lowest value since August. This could act as a decent deterrent for GPUs against miners as the ETH 2.0 proof-of-stake update is set to drop in June 2022, meaning It will now take years rather than months to generate enough revenue from mining to pay off the initial investment of buying graphics cards.

 

 

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