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GPU price inflation dips slightly as Ether downtrend continues

July 21, 2021. Summarized by summa-bot.

Compression ratio: 34.9%. 1 min read.

With Ether down more than 50% from its May all-time high, GPU prices have continued to decline month-on-month but are still double their fair price.

According to a review by TechSpot, GPU prices across popular graphics cards are slightly lower in July than they were in June.

The lower prices in July are a continuation of the steady decline in GPU prices since the onset of the current crypto market downturn.

Overall, these factors could trigger decreased demand for already scarce graphic card hardware, to the benefit of non-crypto mining GPU users like gamers.

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.

Related: Nvidia GPU prices in China fall amid crypto mining crackdown

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.

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by summa-bot

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