Graphics Card Prices Plummet
Since March this year, cryptocurrency has entered the bear market, and due to the increase in the supply of graphic cards and other factors, the global price of graphic cards has dropped significantly. In addition, after the ETH2.0 upgrade this year, ETH cannot be mined. If it is transformed to mine ETC and ETHW, it will take about 5 years to return to the current cycle according to the current currency price. A long payback period means that professional ASIC miners and GPU miners in the market are likely to be eliminated. The price of most high-end graphic cards has dropped by 10~35%, and the 3080Ti, the largest drop, is $300 cheaper than before.
Last year, due to the epidemic and other reasons caused a shortage of supply, resulting in the price of graphics cards rose sharply. This year, the market has improved, compared to last year’s sales volume rose 15 percent, so the price of graphics cards has dropped. Major manufacturers, including Nvidia and AMD, are increasing their investment to cope with the current situation, while some manufacturers’ high-end graphics card prices also fall below the guidance price.
Now is a good time to buy graphic cards. The price of graphic cards is very cost effective.
In addition, it is hard to see the price of graphic cards falling. It is not recommended to wait and see the price of high-end graphic cards fall. After all, as the increase of graphic card capacity and as cryptocurrency rises, its price will rebound. Recently, the prices of doge coin and litecoin have doubled, which may push up the prices of high-end graphic cards again.
Apexto is selling a full range of new and used graphic cards. Tell us your needs and contact us now! If you want to know more about Apexto miners, welcome to visit our website www.apextomining.com.
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