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What is the reason behind this wave of graphics card price reductions?

In the past two years, after exhausting all kinds of means, it is impossible to refuse the lack of card shortage, but it has ushered in a little dawn in the near future! Everyone first from the salted fish, a treasure, and then to the channel, and finally to a certain east to see, no matter which segment of the graphics card price has fallen, in foreign countries and even appeared RTX 3080 price once dived 35% of the spectacle. The reason behind it, without it, is that the income of cryptocurrencies has now plummeted sharply, causing miners to abandon the pit.

What is the reason behind this wave of graphics card price reductions?

First look at a set of data, graphics card mining is the most intensive ETH Ethereum, per 1MH /s of computing power, a day can only bring 0.0419 US dollars of income, compared with the same period last year, the daily income of 0.282 US dollars, almost to the extent that the electricity bill is not enough to pay.

What is the reason behind this wave of graphics card price reductions?

▲ ETH Ethereum's network-wide computing power has increased by about 2.3 times in one year

What is the reason behind this wave of graphics card price reductions?

The cost of the high computing power of the whole network is the increase in the difficulty of each encrypted block, and the difficulty has increased from 6P to 13P.

Another important reason is that the computing power difficulty of ETH Ethereum is growing at a very high rate, and within a year, the mining difficulty has doubled from 6P to 13P, which is equivalent to the mining capacity of each graphics card being directly cut in half. It pits miners into a dilemma: either scale up and sustain past revenues, which is riskier, or maintain the status quo, but the daily revenue is not enough to support costs. Such a choice, it is better to directly abandon the pit, take advantage of the fact that the graphics card in your hand is still valuable, and quickly take a timely stop loss.

Although this wave of miners leaving seems to make the lack of cards and price increases head for the end, don't be happy too soon.

According to statistics, the current graphics card price is 50% premium to the official pricing, and some models are even more than 100%, and it is not realistic to want to return to normal in a short period of time.

In addition, the departure of miners is only temporary to some extent. At this time node, the international situation is turbulent, the reason for which everyone knows it, the price of virtual digital currency is relatively low. Once the final strength of the currency website declines, the difficulty of regional decryption decreases, the global economy picks up, and the end of the war, the income increases, the miners want to make a comeback, and the price of graphics cards may not be higher.

What is the reason behind this wave of graphics card price reductions?

Finally, I have to complain that the upstream GPU chip manufacturers represented by NVIDIA and AMD and the graphics card manufacturers sold by downstream terminals.

The entire DIY hardware industry chain has been dragged down by graphics cards, only graphics card manufacturers are full of pots, and other production line manufacturers are dying and struggling. Now the installed machine market is also very sluggish, everyone is unwilling to install the machine, the graphics card premium is so high, no one wants to be a leek, they all become a "wait party".

As you may not know, today's graphics cards don't need to be sold to regular players at all. As soon as the factory left the factory, the mine owner took a large amount of cash and arranged for the large truck to be pulled away directly. Graphics card manufacturers also do not need to do promotion, do not need to do advertising, do not need to pay attention to you who stink games, muffled to make a fortune, and occasionally come out to scold the mine boss. It's like a bitch and a torii arch.

Anyway, I hope the price of the graphics card returns to normal soon. As for the graphics card maker itself, there is basically no chance.

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