Cryptocurrency plummets, and graphics card prices also drop

The cryptocurrency has fallen sharply recently. It has fallen more than 60% since May, and the price of ETH today came to around $1,100. Many miners choose to pull the plug, which is also related to the price of the graphics card. In recent months, the supply of graphics cards has gradually become sufficient, and many manufacturers have launched promotional plans to stimulate buying. However, with the news that the new GPUs will be launched in the second half of the year, many players still maintain a wait-and-see attitude.

NVIDIA RTX 3080 finally dropping under MSRP, Source: eBay

Some graphics cards have been sold at lower MSRP (suggested retail price) on eBay. The RTX 3080 is already under $700, and there are even six cards that sell for $2,500. That means each card costs just $417.

Some of the new GPUs are currently lower than the suggested selling price. For example, the suggested price of the RTX 3090 Ti is $2,000, and the price is currently around $1,800. RTX 3080 Ti suggested price is $1200, and the price is currently $1000. However, most of the special overclocked editions are still higher than the suggested price.

Source: Tom’s Hardware