![]() So, if you were waiting for an RTX-powered laptop, now you are going to get even more desperate as things will remain stagnant for quite some time. Nope! The 2021 laptops powered by the new RTX series are no longer on the shelves as they have been scooped by scalpers and miners long before you even thought about it. I guess online shopping can have some disadvantages. Even if you tried to fight them in their own game, you would never succeed because the purchasing of the cards happens automatically upon the availability of stock by bots. Scalpers (AKA people who buy and resell at a higher price) simply took advantage of the whole situation and made sure to at least double the MSRP prices when selling their newly purchased cards as second-hand goods on eBay or other platforms. The improved performance-to-price ratio of the next-gen graphics cards can make mining more profitable, and if we take into account that the average mining rig will have at least 5-10 graphics cards for this resource-intensive work, then you can guess why shortages happen so quickly. How did the scalpers and miners affect the price?Ĭrypto-currency mining is getting a lot of attention as the price of digital coins is skyrocketing. This is foreseen to worsen in the future as “electrification” is being pushed on a global scale, and it’s expected that by 2025-30 at least 50% of all vehicles will be electric (in the EU market). Chip manufacturers have a limited rate of production and cannot simultaneously satisfy all the segments. The transition from ICE (Internal Combustion Engines) to electric vehicles as well as the overly-complicated systems in the current gen of vehicles, has caused a huge drought of semiconductor chips. How did the automotive industry affect the price? Call it a coincidence, but the limited supply of the new generation graphics cards in combination with the pandemic made it impossible for the majority of people to get their hands on the new sweet tech. Even hardcore gamers used to go out once in a while. Being forced to stay indoors almost 24/7 would make the use of a computer mandatory for work and entertainment. It wasn’t a surprise that COVID-19 lockdowns would create a spike in demand. Nvidia 3080 RTX’s prices in Germany (source: ). Yes, you heard that right! At least triple its MSRP and is still on the rise. Simultaneously, the prices for the 3090 RTX were $3,000 or higher. A quick look on regarding the 3080 RTX showed us that most of them are out of stock, and the one that was in stock was rated at $1,599. We’ll try to give an idea of the minimum and maximum price ranges with the following examples. Now, by adding the increased interest in cryptocurrency mining, COVID-19 lockdowns, and the demand of semiconductors from the automotive industry, things became extremely difficult, if not impossible, to acquire any card of the RTX series at a reasonable price within 2021. The supply wasn’t meeting the demand, and scalpers made things worse by purchasing all the available cards in a flash by using bots or buying in bulk, and then selling them at ridiculously high prices on eBay or other similar platforms.Ĭomparatively, the demand was quite high for the previous generation, but not as bad because supply was on decent levels. In the meantime, the 3090 RTX was already north of $1,500. We saw the 3070 RTX going from $499 to $1000 in a short time before rising to higher levels. First, the price started to increase dramatically within the first weeks of NVIDIA‘s cards. How did miners and scalpers affect the price?įor the sake of keeping the article simple and short, the focus will be on NVIDIA‘s graphics cards as a reference for comparison.How did the automotive industry affect the price?. ![]() However, the same people soon found out that things just started to get worse. Well, that was the initial consensus, and it wasn’t long before everybody made fun of older graphics card model owners just before the circulation of the new ones. 3070 RTX at $499) compared to the previous generation, everybody got excited because who wouldn’t want double the performance for almost half the price. With the arrival of NVIDIA‘s 3000 series and AMD‘s 6000 series a couple of months ago at ridiculously low MSRP (e.g. How impactful have scalpers, miners, and the automotive industry been on graphics card prices? Introduction to the madness ![]()
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