After several rounds of crazy price increases, high-end graphics cards finally began to return to rationality!
Data show that since December 2021, the price of graphics cards in the domestic and foreign markets has shown a downward trend, and some media predict that graphics cards will reach the lowest price in the past two years in March.
The statistics come from today's Hardware, a well-known foreign media, monitoring the price trends of all graphics cards on the well-known e-commerce platform eBay. Statistics have found that since December last year, the overall average decline in graphics cards has reached 25%.
Taking the famous graphics card manufacturers NVIDIA and AMD as an example, NVIDIA graphics cards have fallen by an average of 10% from February to March, the most obvious price reduction is the RTX 3070 Ti and RTX 3080; and the average decline of AMD has reached 13%, of which the largest decline in RX6600 has reached 22%.
Since March, the downward trend in graphics card prices has continued.
On March 22, in the Australian market, the price of the high-end graphics card GeForce RTX 3080 TUF Gaming OC fell by 35% in one day, and the price fell from the original 2299 Australian dollars (about 10,000 yuan) to 1499 Australian dollars (about 7,000 yuan), the largest decline in history.
In addition, in the German market, the RTX 3090 was speculated to 3199 euros from May last year, which was also directly reduced to the current 1999 euros.
Asus, Gigabyte and other Chinese mainland manufacturers have also reported that they will reduce the price of each graphics card by at least 100 yuan, and MSI will also follow.
On March 17, it was reported that NVIDIA has pushed downstream manufacturers to reduce graphics card costs by 10%, and this may take several weeks to pass to the retail side. As a result, consumers are expected to feel a further drop in graphics card prices in the coming weeks.
Graphics cards, as the core of graphics computing processing, are high-configuration computer equipment that is urgently needed by practitioners in the digital virtual industry. In the past two years, due to the strong demand for mining, coupled with the lack of global chip production capacity, the supply and demand of graphics cards in the market have been unbalanced, and the price of graphics cards has risen sharply.
However, there must be a cause and effect, the price of graphics cards will rise due to the growth of digital currency mining demand, and likewise, it will fall back with the decline of the digital currency mining market.
Since December last year, the market price of digital currencies such as Bitcoin and Ethereum has begun to decline, and the prices of Bitcoin and Ethereum have hit new lows in January this year, reaching $30,000 and $2,200 respectively, down 50% from their highest values.
With the decline in the price of Bitcoin, as well as the standardized governance of virtual currency mining projects by regulatory authorities in various countries, the demand for graphics cards used for mining continues to decline, and many second-hand graphics cards flow to the market, and the gradual return of graphics card prices to rationality is also an inevitable trend.
The well-known statistical agency 3D Center also gave a forecast for this phenomenon, from the monitoring of the German and Austrian market conditions, the price of graphics cards in January saw two significant declines, and it is expected that price declines will become the norm in 2022.