370°

Graphics card prices may dip significantly in response to reduced demand

As cryptominers shift their attention away from GPUs, graphics cards prices may plummet as shipments are expected drop by at much as 40% in the upcoming weeks.

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Cobra9512183d ago

I have no doubt that mining demand for GPUs will at some point plummet. There are too many currencies, and the shakeout will come. The few that survive that, plus the change in investor mindset toward caution, won't be profitable to mine with consumer gear for very long. (The Bitcoin crowd knows why.) I hope this story is correct, but I'm not confident that the good news will come so quickly. We shall see.

Here is a fascinating talk about blockchain and crypto:
https://www.youtube.com/wat...
The fun starts at 2:30.

bluefox7552183d ago

Why didn't supply increase to meet demand? I understand it doesn't happen overnight, but they've been short for a long time now.

jerethdagryphon2183d ago

Because the miners took everything the could.

Doomroca2183d ago

Supply meets demand, by increasing price...

Double_O_Revan2183d ago

Why over produce to keep price down, when you could keep production the same and prices skyrocket AND people were still buying up everything in sight?

The other side of that was, if they ramp up production, then demand falls, they were left with a bunch of cards they couldn't sell.

They banked on people paying higher prices, it paid of. Big time!

Razzer2183d ago

More than likely Nvidia and AMD knew this would be a short term issue. Ramping up supply would create a massive glut once demand normalized.

ChrisW2181d ago

Firstly, it takes resources to increase supply. Acquiring a larger number of rare-earth and precious metals being only a small part of the problem. Secondly, you don't fight drug addiction by allowing more drugs on the streets, so why would manufacturing more GPUs stop cryptowhores from sucking up every product? Lastly, regardless of the aforementioned, for some stupid reason, meticulously limiting supply always creates more profits.

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60°

There's finally a new 8K monitor on the way, with DisplayPort 2.1 included

The ASUS ProArt Display PA32KCX is on the way - a brand-new 8K monitor designed for professionals, including DisplayPort 2.1 connectivity.

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50°

NVIDIA will Reveal New AI Advancements at CES 2024

NVIDIA will have a Special Address at CES 2024 which is scheduled for Monday, 8 Jan. at 8 a.m. PT / 5 p.m. CET.

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60°

AMD Ryzen 7 5700X Cyber Monday deal finally under $200

It's time to give your setup the upgrade of its lifetime with this Cyber Monday AMD Ryzen 7 5700X Cyber Monday deal.

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