As cryptocurrency tumbles, costs for brand new and used GPUs proceed to fall

Enlarge / AMD’s Radeon RX 6800 and 6800 XT.

Sam Machkovech

Cryptocurrency has had a coarse 12 months. Bitcoin has fallen by means of greater than 50 p.c for the reason that get started of the 12 months, from just about $48,000 in January to simply over $20,000 as of newsletter. Celsius, a big cryptocurrency “financial institution,” suspended withdrawals previous this week, and the Coinbase crypto change introduced a spherical of layoffs this previous Tuesday after pausing hiring closing month.

It could also be small convenience to any person who sought after to paintings at Coinbase or spent hard earned cash on an unsightly image of an ape as a result of a star informed them to, however there may be some excellent information for PC developers and players in all of this. As tracked by means of Tom’s Hardware, costs for brand new and used graphics playing cards proceed to fall, coming down from their height costs in past due 2021 and early 2022. For weeks, it has in most cases been imaginable to visit Amazon, Newegg, or Best Buy and purchase current-generation GPUs for costs that will have gave the look of bargains six months or a 12 months in the past, and pricing for used GPUs has fallen additional.

As Tom’s Hardware studies, maximum mid-range Nvidia GeForce RTX 3000-series playing cards are nonetheless promoting at or reasonably over their manufacturer-suggested retail costs—the 3050, 3060, and 3070 sequence are all nonetheless in excessive call for. But top-end 3080 Ti, 3090, and 3090 Ti GPUs are all promoting underneath their (admittedly astronomical) MSRPs presently, as are nearly all of AMD’s Radeon RX 6000 sequence playing cards.

Used costs have fallen much more temporarily. Between June 1 and June 15, eBay costs for used GPUs fell a median of 10 p.c as no less than some cryptocurrency miners sought to chop their losses and promote their {hardware}. This is going on whilst mining instrument is starting to in finding tactics round Nvidia’s hash-rate restricting LHR protections—falling cryptocurrency costs and emerging power prices are nonetheless making the economics of mining difficult.

That mentioned, patrons of used GPUs must nonetheless continue with warning. Aside from the scams and bait-and-switches that may include any high-value eBay acquire, GPUs which have been mining cryptocurrency at full-tilt for months or years can have issues {that a} new GPU (or a pre-owned GPU that was once handiest used to play video games) would not have. The warmth generated by means of consistent use in a high-density mining farm can degrade efficiency (although GPU producers have overstated this chance previously), as can mud or dried-out thermal paste. If you purchase a used GPU that appears grimy or runs sizzling, putting off and cleansing the fan and heatsink and reapplying recent thermal paste can lend a hand repair misplaced efficiency and lengthen the cardboard’s lifestyles span.

If you experience suffering to shop for a GPU, issues would possibly get extra attention-grabbing for you quickly. Nvidia’s RTX 4000-series GPUs are reportedly nearing unlock, and production and provide chain problems may just conspire to stay those new playing cards scarce.

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