Bitcoin fell, when did the graphics card fall?

Recently, virtual currencies such as Bitcoin and Ethereum have fallen a lot, and speculators have mourned everywhere. But on another Bitcoin "associated market," some people are waiting day and night for the collapse of virtual currencies.

This is the graphics card market.

Why the graphics card

The graphics card is one of the core components of a computer. Everyday use, e-sports games, design editing, all have certain needs for graphics cards. At present, graphics card manufacturers are mainly represented by NVIDIA and AMD companies, which will launch new models of graphics cards every year, which are very popular.

What is the relationship between a graphics card and virtual currency?

Graphics cards are the main hardware for virtual currency "mining". Mining is a process of continuous calculation, just like constantly solving the system of equations, if you calculate correctly, you can get the reward of virtual currency, and the computing power of the graphics card can better solve these equation systems.

Many people will have questions, if you want to calculate, shouldn't you use a CPU with more computing power?

Indeed, the CPU is the hub of the entire computer, used for complex operations. But the graphics card has more stream processors, each stream processor is like a small CPU, although its ability to perform a single complex operation is not as good as the CPU, but thanks to the large number, it can process large batches of simple computing tasks in parallel, so the mining ability is much stronger than the CPU.

Someone once gave the example that graphics cards are like thousands of middle school students, while CPUs are a few math PhDs. Although the ability and knowledge of mathematics doctors far exceed those of middle school students, the level of middle school students in the calculation of equation systems like mining is enough to cope, so it is obvious that from the perspective of problem solving efficiency, several mathematics Doctors are certainly not as good as thousands of middle school students.

At present, the virtual currency market mainly has ASIC mining machines and graphics card mining machines, graphics card mining machines occupy a large part of the mining market share, especially the world's second largest digital currency Ethereum, its main mining force is the graphics card mining machine.

Buying a graphics card to mine can obviously get greater income. As a result, the graphics card is tied to the virtual currency, and the price begins to be uncontrolled.

Graphics card price curve

Some people say that during the Gold Rush in the United States, the best-selling commodities were jeans and shovels. Looking at the current virtual currency bull market, the graphics card has become the best-selling one.

"How can the price of a graphics card be so high?" Countless consumers who want to buy a graphics card are asking.

Since the beginning of 2021, the graphics card market has been at a high level, which has also attracted the attention of CCTV and other media. But to this day, this problem has not been solved, and the market is still a seller's market.

Let's take another look at this graphics card price curve.

From the end of 2020, the price of Ethereum equivalents began to soar, and the price of graphics cards also rose with the tide until May 2021.

That year 5.19 coin price plummeted, Ethereum is not spared, and then in June NVIDIA released 3070Ti, 3080Ti and other new products, in order to control the flood of graphics card mining, the entire 30 series uses a new core, that is, the so-called lock computing power version, from the drive and hardware aspects of the limiting of computing power for mining, to avoid a large number of graphics cards into the mining market. The move, combined with the plunge in the price of the coin, led to a sharp drop in graphics card prices, falling to the lowest level in 2021 at the end of July.

Since the beginning of August, the price of the coin has begun to rise again, and the graphics card has begun to be difficult to find again. Until the end of September, with the official inclusion of mining in the elimination industry in China, the price of domestic graphics cards has fallen somewhat after October, but the price of graphics cards at home and abroad has been inverted, and after a wave of rush purchases, the price has begun to rise slightly, until now.

Between the ups and downs, the graphics card price is highly bound to the coin price, and it is still at a high level.

Air card with antique card

At the beginning of 2022, both NVIDIA and AMD launched their newest graphics cards, the RTX 3050 and 6500XT.

The change in price is once again associated with mining. Both graphics cards are positioned to get started, but the 6500XT has limited price increase due to hardware limitations, insufficient mining capacity, and limited price increases. The 3050, which is more able to mine, is more favored, with a suggested retail price of 1899 yuan, and it is sold out, leaving only the advanced version of 2699 yuan.

"The mine owner booked." Consumers still feel that most of their supplies will flow into the mining market.

For a long time, netizens like to call hard-to-buy graphics cards "air cards", that is, they can't see or touch. Some consumers will choose to sell them to scalpers even if they snap up low-cost graphics cards from e-commerce platforms. The RTX 3070 Ti and RTX 3080 Ti released in mid-2021 have a suggested retail price of 4499 yuan and 8999 yuan, and the current market price is about 7000 yuan and 12000 yuan, respectively.

Even graphics cards that have been used for several years can be sold at a double price in the market. In the early days, the price was about 400 yuan a graphics card, and the current second-hand recycling price was about 1600 yuan.

Interestingly, the world is cool and hot with this. Recently, a number of brands in the Japanese market have re-listed the antique card RX 550 released in 2017, and it has sold well. The antique cards of four years ago are sold now, which has become a true portrayal of today's graphics card market.

Now that Bitcoin and Ethereum have fallen, will the price of graphics cards drop? Hard. Analysts believe that as long as there is still income from mining, mine owners will not stop, and making less money is also earning.

In addition, the impact of the epidemic is still continuing. According to foreign media reports, TSMC has notified customers, including Nvidia and AMD, that they plan to increase the price of chips by 20%. TSMC cited some of the reasons for the price increase, such as the shortage and price increase of raw materials caused by the epidemic, as well as the increase in transportation and logistics costs.

This means that the price of graphics cards this year will most likely continue to rise.

Buying or not buying seems to become the same problem as choosing stocks.

Just this problem, who can solve it?