- NVIDIA GEFORCE NOW RTX GPUS SUPERPODRUTHERFORDGIZMODO UPDATE
- NVIDIA GEFORCE NOW RTX GPUS SUPERPODRUTHERFORDGIZMODO PC
GPU prices have fallen steadily month on month, with scalpers unable to sell their cards for as much as they did any other month stretching back to January approximately. Tracking current generation GPU prices on eBay in the third week of each month for new products and completed sales shows good news across the board.
A drop is a drop though, and that will have an effect on the GPU market. When you combine this with the difficulty decrease and the decrease in Ethereum price, mining profitability continues to decrease slightly, but not to the same extent as it did the month before. Meanwhile, gas prices have been flat throughout this month, not a bad thing for those wanting GPU prices to return to normal, but not as good as the huge decrease in gas prices we saw last month. This means that fewer GPUs are currently mining on the Ethereum network - which is good as it indicates lower demand or interest in mining - however it also increases the reward to those who remain mining this coin. Ethereum mining difficulty has been fluctuating over the last month, but month on month difficulty is down 8 percent. Overall difficulty as well as gas prices are important, too.
Not as amazing as the 34% drop from month prior, but a marked decrease in crypto prices is what prospective GPU buyers want to see.Īs you may be aware, it's not just the price of the coin that affects the profitability of mining. Right now it's around $1800, a drop of 22%. In our last GPU pricing check, Ethereum was sitting at ~$2300. The other key contributing factor are of course cryptocurrencies, so let's check what's happening there.Īs of writing, Ethereum prices have fallen compared to a month ago. Demand is still high for GPUs which sees prices inflated due to natural market forces, but even if demand was low, it sounds like these factors would be preventing cards from hitting the optimistic MSRPs set before the supply problems started to heat up. Things like memory modules and other ICs that are critical for building a graphics card continue to face supply constraints, and prices to ship graphics cards from factories to stores also remains higher than in previous years. We are still hearing of several supply chain issues that are slowing any rush of new GPUs from hitting the market.
Speaking to retailers, it sounds like GeForce availability has been a better relative to Radeon lately, especially at the higher end. There is some progress nonetheless, and it's a positive sign that restocks are coming with lower prices than previous shipments, likely due to distributors and AIBs seeing weaker demand at current prices.ĪMD GPUs like the RX 6700 XT have also seen a small decrease in pricing and somewhat better availability, but to a lesser degree than the RTX 3070. Today, more cards are in stock, and pricing has declined by $100 to $150 for this GPU, but clearly nowhere near the local $810 MSRP.
NVIDIA GEFORCE NOW RTX GPUS SUPERPODRUTHERFORDGIZMODO PC
In Australia, a market which tends to be a good indicator for the PC hardware channel in general, last month we were looking at about half of the RTX 3070 GPUs listed at PC Case Gear being in stock and available, with prices starting around the $1800 AUD mark, that's more than double the MSRP. Like last month, availability is reasonably good for many cards in different regions around the world, but pricing remains highly inflated over the MSRP. Even though mining and cryptocurrencies are on a downward trend now, GPU pricing is not suddenly back to normal through regular retail channels. This positively affected GPU pricing in late May and throughout June, and continues to have an effect today.īut progress remains slow. It's been over two months since coins like Ethereum broke their highest value record, with prices less than half of what they were during that peak. The GPU price drop has been triggered due to a significant downward shift in the price of cryptocurrencies and a huge drop in GPU mining profitability.
NVIDIA GEFORCE NOW RTX GPUS SUPERPODRUTHERFORDGIZMODO UPDATE
Updated: See our latest GPU Pricing Update here. In fact, in our regular coverage we've mentioned how popular chips like the Ryzen 5600X is now selling at or below its $300 MSRP. The good news is that in the past few weeks graphics card availability has started to improve, with a notable drop in GPU prices across the board, both for Nvidia and AMD's current generation offerings, as well as for the majority of used GPUs from prior generations.Īs a side note, last month we decided to stop tracking the CPU market as we observed that segment is basically back to normal and that continues to be true in July which is great news indeed. It's that time of the month when we provide you with an update on the current state of the GPU market.
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