Statistics: miners purchased approximately 700,000 mid-to-high-end graphics cards in 2021Q1

As we all know, for a long period of time in the past, a large number of new graphics cards have been used for mining, resulting in extremely tight supply-demand relationships in the graphics card market, and the price has discouraged many users. Although it is always said that miners have bought a large number of new graphics cards on the market, no one can say exactly how many there are.

Recently, Jon Peddie Research published a report concerning the marketing of graphics card sales due to mining this year. There is no doubt that in addition to users, Nvidia, AMD, and major board card manufacturers have all benefited from the high demand for graphics cards during this period of time. Since 1985, Jon Peddie Research has been tracking related shipments. According to statistical model estimates, about 25% of the graphics cards shipped in the first quarter of 2021 will fall into the hands of miners. The number is about 700,000 mid-to-high-end graphics cards, worth about $500 million

Jon Peddie Research pointed out that cryptocurrency is not the only reason for the sharp increase in graphics card prices, and the outbreak of the coronavirus epidemic is also a very important factor. Supply chain problems caused by the epidemic have caused shortages of various parts and accessories, and prices have risen, which has also seriously affected the selling price of graphics cards. According to the estimation of Jon Peddie Research, this effect has already caused a 70% increase in the price of graphics cards.
The second-hand market is also very bad. According to statistics, the actual transaction price of different models of Ampere and RDNA 2 architecture graphics cards is 2 to 3.5 times higher than the official recommended retail price.