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July 3, 2018 10:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OiMDaDpxuvk/as-cryptocurrency-values-plummet-graphics-card-pricing-improves-dramatically
As Cryptocurrency Values Plummet, Graphics Card Pricing Improves Dramatically
MojoKid writes: In recent months, the cryptocurrency industry has taken a sharp downturn in valuations of virtually all major currencies, from Bitcoin to Ethereum. As a result, cryptocurrency mining itself has become significantly less lucrative for the average miner. In addition, demand on GPUs from the major OEM suppliers like NVIDIA and AMD, has fallen off dramatically as well. Cryptocurrency miner demand for graphics cards has fallen so much so, that pricing of board partner brands like EVGA, Asus, MSI, Gigabyte and others, has returned basically to MSRP levels. This is compared to the sharp price gouging that was going on earlier in 2018 and late last year, when demand was far out-stripping supply. In fact, reports are emerging now that another approximate 20 percent price drop could be coming to GPUs this month, especially as NVIDIA is expected to launch its next generation gaming graphics card very soon. Whether or not this is indicative of some sort of cryptocurrency bubble burst remains to be seen. However, for now, gamers and PC enthusiasts are likely breathing a sigh of relief, as better supply/demand dynamics are clearly in sight.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OiMDaDpxuvk/as-cryptocurrency-values-plummet-graphics-card-pricing-improves-dramatically
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