After a frankly miserable few years — which have seen GPUs hit the market for several times their MSRP and still sell out in seconds — many PC gamers will feel that it’s about time they got some good news. Over the last few months, they’ve had plenty to cheer about… provided they weren’t also heavily invested in cryptocurrency. While bitcoin and other cryptocurrencies haven’t collapsed completely, the massive dip they took earlier in the year means it’s no longer worth mining the digital currencies. Crypto mining had been profitable for several years, even with the inflated GPU prices. As a result, and despite a semiconductor shortage, manufacturers like AMD and NVIDIA had ramped up production in an attempt to meet the incredible demand.
The crash of bitcoin has led to a couple of situations. Firstly, due to the increase in production and demand suddenly evaporating, manufacturers like NVIDIA and the outlets they supply are now overstocked on GPUs. As a result, prices are set to tumble dramatically in an attempt to move the huge stockpiles onto consumers. If you’re building or upgrading a PC, this is probably your best option.
The cards sold by trusted outlets are guaranteed to be authentic and brand new. However, if you’re on an extreme budget or comfortable taking a risk, there is another option. Bitcoin miners are trying to recoup as much money as possible by selling the graphics cards from their mining rigs. There are no guarantees of quality when it comes to these cards, and you don’t know what kind of product you’re getting. It could be an absolute bargain, or it could be a dud that has been jerry-rigged to run at three-quarter capacity. Play at your own risk.
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