Graphics Cards Reportedly Set to Get Cheaper This Quarter

Average selling prices of high-end graphics cards more than doubled in the recent quarters due to insufficient GPU and components supply amid growing demand from gamers and miners. But as supply gets better and demand from miners is lowering, the prices of graphics cards are projected to get lower starting this quarter.

Demand for modern high end graphics cards based on AMD’s RDNA 2 and Nvidia’s Ampere architecture from gamers will remain high in the coming quarters. But as China’s government is doing everything to crack down crypto currency mining and trading, demand from mining farms will inevitably get lower, according to sources in the supply chain. This is according to a report from DigiTimes. Furthermore, since Ethereum mining is no longer as profitable as it used to be, individual miners will be less inclined to buy new graphics cards. 

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