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

AMD's Radeon RX 6800 and 6800 XT.

Enlarge / AMD’s Radeon RX 6800 and 6800 XT. (credit score: Sam Machkovech)

Cryptocurrency has had a tough 12 months. Bitcoin has fallen by greater than 50 p.c for the reason that begin of the 12 months, from almost $48,000 in January to simply over $20,000 as of publication. Celsius, a serious cryptocurrency “financial institution,” suspended withdrawals earlier this week, and the Coinbase crypto trade introduced a spherical of layoffs this previous Tuesday after pausing hiring final month.

It might be small consolation to anybody who wished to work at Coinbase or spent hard-earned cash on an unpleasant image of an ape as a result of a celeb advised them to, however there’s some excellent news for PC builders and players in all of this. As tracked by Tom’s {Hardware}, costs for brand new and used graphics playing cards proceed to fall, coming down from their peak costs in late 2021 and early 2022. For weeks, it has usually been potential to go to Amazon, Newegg, or Finest Purchase and purchase current-generation GPUs for costs that might have appeared like bargains six months or a 12 months in the past, and pricing for used GPUs has fallen additional.

As Tom’s {Hardware} stories, most mid-range Nvidia GeForce RTX 3000-series playing cards are nonetheless promoting at or barely over their manufacturer-suggested retail costs—the 3050, 3060, and 3070 collection are all nonetheless in excessive demand. However top-end 3080 Ti, 3090, and 3090 Ti GPUs are all promoting beneath their (admittedly astronomical) MSRPs proper now, as are virtually all of AMD’s Radeon RX 6000 collection playing cards.

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