{"id":304508,"date":"2021-07-21T16:01:23","date_gmt":"2021-07-21T13:01:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/gpu-price-inflation-dips-slightly-as-ether-downtrend-continues\/"},"modified":"2021-07-21T16:01:23","modified_gmt":"2021-07-21T13:01:23","slug":"gpu-price-inflation-dips-slightly-as-ether-downtrend-continues","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/gpu-price-inflation-dips-slightly-as-ether-downtrend-continues\/","title":{"rendered":"# GPU price inflation dips slightly as Ether downtrend continues"},"content":{"rendered":"

“# GPU price inflation dips slightly as Ether downtrend continues <\/strong>”
\n<\/p>\n

Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH).<\/p>\n

According to a review<\/a> by TechSpot, GPU prices across popular graphics cards are slightly lower in July than they were in June.<\/p>\n

The lower prices in July are a continuation of the steady decline in GPU prices since the onset of the current crypto market downturn.<\/p>\n

Indeed, with ETH tanking from over $4,000 in May to below $2,000, mining profitability has also tapered significantly. According to data<\/a> from BitInfoCharts, Ether mining profitability is down about 80% from its May 2021 highs.<\/p>\n

With Ether mining difficulty also down almost 8%, it app<\/a>ears GPU mining interest is also at a slower lower ebb. Overall, these factors could trigger decreased demand for already scarce graphic card hardware, to the benefit of non-crypto mining GPU users like game<\/a>rs.<\/p>\n

Surging demand by altcoin miners drove up the price of GPU miners with manufacturers forced to include hardware blocks to their graphics cards to limit performance as a means of discouraging miners.<\/p>\n

GPU makers like Nvidia have also launched crypto mining-only graphic cards in an attempt to lessen the price burden on the rest of the PC hardware ecosystem.<\/p>\n

TechSpot figures show a 16% average decrease in GPU price inflation from the manufacturer\u2019s suggested retail price (MSRP) in June. As of the third week of July, several GPUs are already down by between $200 and $500.<\/p>\n

However, despite the decline, GPU prices are still much higher than their respective MSRPs leading to average price inflation of 92% according to TechSpot figures. Indeed, the listed price of the GeForce RTX 3060 Ti at $1,012 is about 153% of its MSRP of $400.<\/p>\n

Related: <\/em><\/strong>Nvidia GPU prices in China fall amid crypto mining crackdown<\/em><\/strong><\/p>\n

With GPUs still selling at almost twice the MSRP, gamers and other non-crypto mining members of the PC hardware ecosystem might still find their prices out of reach especially for brand-new GPUs. <\/p>\n

In fact, the same situation also exists in the used GPU market with the current price drops is not enough to cause a significant decline in price inflation. <\/p>\n

However, as previously reported by Cointelegraph, Nvidia GPU prices are down across Chinese e-commerce websites likely due to the crackdown on crypto mining activities in the country.<\/p>\n