Jin Lei Bowen from Oufei Temple
Qubits | Official account QbitAI
Spent 18599 yuan to buy 2 graphics cards, 2 months lost more than 8000 yuan.
This is a netizen exposed their real experience - the price of graphics card avalanche.
And this netizen bought the high-end kind, NVIDIA GeForce RTX 3090.
However, this is not an isolated phenomenon.
According to the current graphics card quotations in overseas markets, like the NVIDIA RTX 3080, it has dropped from 2299 Australian dollars (about 10,000 yuan) to 1499 Australian dollars (about 7,000 yuan) in just one night.
The price is called a "big dive", with a drop of up to 35%.
In addition to the 3080, the entire Nvidia series of 3050, 3060, 3070 and even the upcoming RTX 3090, the price has generally declined, with an average decline of 10%.
And AMD is also exaggerated enough.
For example, the price of RX 6600 fell by 22%, the price of RX 6700 XT fell by 16%... The vast majority of graphics cards are downgrading, with an average drop of 13%.
Avalanche, really big avalanche.
Therefore, in the face of this situation, netizens are helpless, and have issued a sigh of "crying faint in the toilet":
The price reduction is concentrated on mid-to-high-end graphics cards
How much has the graphics card fallen today?
According to data on the US e-commerce platform NewEgg, the prices of Nvidia and AMD have been falling since the beginning of the year.
The Nvidia 30 Series currently has an overall premium of 72%, down an average of 10%:
AMD currently has an average premium of 47% and an average decline of 13%:
The domestic price reduction momentum is also not small, last month also averaged 8000 + graphics cards, and now it has fallen to the initial price (more than 6000), and some models have even fallen below the first price:
The price of graphics cards in Huaqiang North Market, known as the "First Street of Chinese Electronics", began to fall after a year and is currently at a low price for nearly two years.
Some store owners even said that they would continue to fall after that.
However, this wave of price cuts currently only appears on mid-to-high-end graphics cards, and the current market price of low-end graphics cards with 1650 and below still does not change much.
And how did the players react to this?
Do not buy.
One is the Ultimate And so on party, which believes that prices will definitely fall, or even fall to "selling by the pound."
This part of the player believes that this round of mine tide has lasted for more than twenty months and nearly two years, so the number of graphics cards entering the mine must have been far more than the total number of ordinary players.
Before a complete collapse, the price will surely go low and low.
△ The source of the picture knows the answer to the lord "durian meteor hammer"
The second is in the Buddhist stage of card holding and waiting, they believe that unless there is design or computing work, low-end graphics cards can completely hold the daily needs of ordinary players.
For example, playing games, under the question "Which games can my 1660 play" on the foreign forum Quora, the vast majority of answers are:
If you adjust to 1080p and the picture quality requirements are not so high, then the mainstream game is no problem.
Third, obviously inheriting the spirit of last year's "graphics card player vs scalper", running around call signs:
Money that grows hairy will not be given to you.
△ The source of the picture knows the answer to the main "fox demon DIY installation"
Why the fall?
So the next question is - what is the cause of this avalanche of graphics cards?
"Mining" may be one of the reasons.
As early as 2020, due to the continuous surge in the price of Bitcoin, a "mining tide" was set off at that time.
Many miners purchase graphics cards in large quantities to "mine", and at one time there was a situation where a card was difficult to find.
In addition, at the end of 2020, Ethereum (ETH) underwent ethereum 2.0 upgrades, making miners need to invest in more powerful hardware.
For example, the RTX 30 series graphics card at that time became the first choice of miners.
Nowadays, as the craze for virtual currencies recedes, the corresponding demand for mining graphics cards has also declined.
And just recently, Ethereum successfully tested a technology that it said could reduce energy consumption by 99 percent.
That said, miners will most likely no longer need strong hardware to complete transactions.
It is precisely because of this that there is currently a voice in the market that "'mining disaster' is an important reason for the price reduction of graphics cards".
In addition, production capacity is also an important factor.
For example, an industry insider believes:
In fact, the initial price increase of graphics cards is mainly due to two reasons, one is because of mining, and the other is that the production capacity cannot keep up.
Now the price reduction is also because the situation is reversed, everyone is not much mining, and the production capacity has kept up
Previously, JPMorgan Chase executive Gokul Hariharan had said:
In 2023, there will be sufficient supply of global semiconductors to restore some degree of supply-demand balance, or even overcapacity.
Of course, the "second-hand market" is also a big shock.
Many people buy graphics cards to mine during the mining boom, and then choose to sell them second-hand after using them.
The price of this "retired" graphics card is significantly lower.
There are even voices saying that graphics card manufacturers will recycle "mining cards" and refurbish them and sell them:
In addition, RTX 40 series like Nvidia is also about to be launched, and it is said that there will be "impactful" performance improvements.
Many "wait parties" may also be squatting on the sale of new graphics cards.
……
So what do you think about the avalanche of this graphics card offer? Welcome to leave a message in the comment area to discuss~
Reference Links:
[1]https://videocardz.com/newz/gpu-prices-are-falling-march-2022-update-shows-10-13-drop-on-ebay-listings
[2]https://weibo.com/ttarticle/p/show?id=2309404750847727763475
[3]https://fortune.com/2022/03/22/ethereum-is-one-step-closer-to-solving-a-major-criticism-and-beating-bitcoin/