why is cryptocurrency increasing cost of graphic cards

Last Updated on March 26, 2023 by Paganoto

Will the Crypto Crash Affect GPU Prices and Availability?

Will the Crypto Crash Affect GPU Prices and Availability?

The nearly tenfold increase further increased crypto hype, which relied on GPUs for processing. A lack of supply has caused GPU prices to increase. Increased demand contributed to the increase, leading to empty shelves, scalpers, and high online prices.Jun 28, 2022

Gamers might benefit from the crypto crash as … – Fortune

Gamers might benefit from the crypto crash as … – Fortune

Crypto miners may be ditching their GPUs as Bitcoin, Ether prices fall, meaning gamers can buy graphics cards at affordable prices again.

GPU prices are still on a decline: Is Bitcoin's sorrow gamers' joy?

GPU prices are still on a decline: Is Bitcoin's sorrow gamers' joy?

According to a Digital Trends report in 2021, around 25% of all graphics cards sold in the first quarter of the year went to crypto miners. That …

Why next-gen GPU prices will all come down to crypto

Why next-gen GPU prices will all come down to crypto

At the end of 2017 into 2018, the talk was all about Bitcoin. As I’ll dig into later, the demand for graphics cards went up as the price of …

What is the relationship between the price of a graphics card …

What is the relationship between the price of a graphics card …

Graphics card prices increased substantially in 2021 primarily because of an increase in cryptocurrency-mining profitability. The prices of almost all major …

The GPU Price Surge

The GPU Price Surge

The high demand for cryptocurrencies is driving up prices for GPUs. Why is that and what can we do about it?

Crypto Crash May Spell Trouble for Graphics Card Makers

Crypto Crash May Spell Trouble for Graphics Card Makers

As crypto prices have dropped due to economic turmoil, the prices of GPUs used to mine them have dropped in turn. This has hit the stocks of the …

The Crypto Crash is Sinking GPU Prices as Mining Profitability …

The Crypto Crash is Sinking GPU Prices as Mining Profitability …

In an attempt to make its graphics cards less desirable to crypto miners, Nvidia announced the launch of processors designed specifically for …

Crypto Market Crash Drops Prices of GPUs by 50 Percent

Crypto Market Crash Drops Prices of GPUs by 50 Percent

The prices of top GPUs have taken a sharp decline as of late due to the reduced demand in cryptocurrency mining. The shortage, as well as …

Are Crypto Currencies to Blame for High GPU Prices?

Are Crypto Currencies to Blame for High GPU Prices?

As long as their earnings are high enough, it is profitable for miners to buy cards at higher prices. Bitcoin miners rarely use GPUs anymore, …