Statistics show that graphics card prices have not fallen significantly despite the cryptocurrency prices decrease
The boom in the cryptocurrency market has made the graphics card industry, which is already short of chips, worse, of course, for consumers, not miners and graphics card manufacturers. The cryptocurrency industry saw a sharp decline around June 2021, which is considered an inflection point as falling prices mean miners may be less likely to snap up graphics cards. However, before November 2021, the cryptocurrency industry recovered as before until it fell again in December/January 2022, and did not continue the previous bull market. It stands to reason that the price of graphics cards should also fall, but it turns out that even the price of graphics cards in the cryptocurrency industry has not declined significantly.
3dcenter conducted statistics on graphics card prices on German graphics card sales websites. Statistics show that graphics card prices peaked in May 2021 and then began to gradually decline.
At that time, the premium rate of NVIDIA graphics cards was as high as 200%, and the AMD premium rate was also 100%+. After May 2021, the crazy graphics card prices did start to fall. In June, the premium rate for Nvidia graphics cards was 56%, and the premium rate for AMD graphics cards was 54%.
But then the price of graphics cards gradually increased until January 2022, the premium rate of NVIDIA graphics cards is still 89%, and the premium rate of AMD graphics cards is still 85%. If the 89% premium rate compared to the peak period is indeed a lot lower than the 200% premium rate, let’s not forget that this is not a rise or fall but an additional premium for the graphics card.
It is worth noting that the cryptocurrency continued to fall in early January after the sharp decline in December, at least for consumers, the premium for graphics cards should not rise for a short period of time.