What is the positive part of the cryptocurrency crash?

What is the positive part of the cryptocurrency crash?

The video game segment could become cheaper in 2022 as graphics processing unit prices are falling

There may be a silver lining in the dark cloud of cryptocurrency’s recent plunge: the price of gaming hardware made by companies like NVIDIA Corporation.

and Advanced Micro Devices, Inc.

They seem to have finally fallen.

What happened
​Bitcoin price drops bitcoin

and Ethereum

50% of its November value led to lower prices for graphics processing units (GPUs) used in games.

Tom’s Hardware has compiled price data for the week at the end of December compared to the previous week, showing eBay Inc.’s average GPU price.

. This data tracks the prices of the latest graphics cards from AMD and Nvidia.

The Nvidia GEForce RTX3080 10GB sold for an average of $1,804.28 on eBay between December 20-27 and sold for $1,595.41 between January 17-24. down 11.6%.

AMD’s Radeon RX6600 also dropped 11.6 percent in price over the same period. GPU prices fell from $586.89 to $518.66.

According to Tom’s Hardware, the RX 6600 is comparable to Nvidia’s 12GB RTX 3060 in 1080p gaming performance, and is only 4% slower (in games without ray tracing).

The data shows that the 12GB RTX 3060 sells for $705 on eBay, which is significantly higher than AMD’s offer.

because it matters
According to information obtained by Tom’s Hardware, prices for almost all GPUs dropped by an average of 5%, while prices for the RTX 3090, RTX 3080 (10 GB) and RX 6600 dropped by more than 10%.

The data suggests that the number of GPUs sold has also been affected. With a few exceptions like the RTX 3090 and RTX 3070Ti, a drop in sales can be seen overall.

Nvidia introduced cryptocurrency-mining graphics chips last year. During the previous cryptocurrency bull market, there was a boom in GPU demand followed by a decline.

As noted by Tom’s Hardware, GPU prices are expected to continue to fall if cryptocurrency discounts continue and GPU production increases due to reduced shortages of key component ABF substrates.

Meanwhile, AMD’s rival Intel Corp. International Trade Center

, which last week claimed it plans to launch a low-power bitcoin mining chip.​

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