CCTV reported that graphics card prices have plummeted across the board. What is related to the rise and fall in graphics card prices? Let's discuss this issue below, hoping that this content can help friends in need.
Currently, the price of graphics cards on the market has plummeted on a large scale, ending a pattern of skyrocketing prices that lasted for more than 2 years. What factors caused the price of graphics cards to plummet, and how much did it increase or decrease? .
In Huaqiangbei, Shenzhen, Shenzhen, known as the "No. 1 Electronics Street in China," many stores display graphics card packaging boxes of popular models. Store owners told reporters that the prices of graphics cards of various well-known brands are There has been a sharp decline, and the current price is at the lowest level in recent years.
Not only in offline promotion stores, but also in online e-commerce platforms and second-hand trading platforms, graphics card prices have been somewhat reduced. Taking one of the more popular graphics cards, asus RTX 3080, as an example, the price on JD.com reached nearly 20,000 yuan at its peak last year, but the current price on JD.com is less than 7,000 yuan. The market prospects and prices of graphics cards have shown a high correlation with the prices of digital currencies such as Ethereum.
A merchant in Huaqiangbei, Shenzhen: This card was used by others for mining before, but now it is not allowed to be mined. 3080 just came out, and we sold it at the beginning, but most of it couldn't be sold later because most of it was sold. They were used for mining. If they were sold, they were taken away in boxes.
Professionals believe that this sharp drop in graphics card prices is related to the rectification of digital currencies. In September 2021, the National Development and Reform Commission and other units jointly issued the "Notice on Regulating Virtual Currency "Mining" Activities. Subsequently, the People's Bank of China and other ten units issued a document to prevent and deal with the risks of hot spots in virtual currency transactions, clearly stating that digital currencies The relevant service activities are illegal financial activities. As policies continue to become increasingly strict, digital currency prices fall, the "mining tide" gradually recedes, and graphics card prices gradually plummet.
During the investigation, the reporter realized that many speculators were forced to cut prices due to early high prices and overstocked inventory, resulting in serious losses. In the future, as the demand for graphics cards on the market decreases and supply increases, there is still room for price reductions in graphics cards.
Different cryptocurrency systems have different requirements for mining machines. Among them, Ethereum’s mining machines are mainly based on graphics cards. Since the second half of 2020, the price of Ethereum has continued to skyrocket, attracting many users to flock to it. The price of graphics cards has continued to rise, and it is difficult to find a card.
A merchant in Huaqiang North, Shenzhen: This one is for mining Bitcoin, and the graphics card is for mining Ethereum. The other one for mining Ethereum has 8 graphics cards, which were brought in together. Last year, one machine If you make three or four hundred a day, you can get your money back in two or three months.
Among them, many speculators took the opportunity to sell goods at a price several thousand yuan higher than the official reference price, planning to raise the price and sell it to the market. However, as digital currencies have cooled down, many mining companies have withdrawn from the currency market, and graphics card prices have dropped significantly. This kind of game player holds a lot of bargains and is in a dilemma.
A merchant in Huaqiang North, Shenzhen: Graphics cards are on sale, and they are unwilling to sell them. They will lose three to four thousand apiece. If everyone buys the goods, the price will fall quickly. Gradually, the goods are being supplied, 100 pieces a day. In the process of purchasing goods, they get the equity premium.
Even though the price of graphics cards has dropped significantly, the price of popular graphics cards currently on the market is still higher than the official reference price. The 3DCenter report shows that in December last year, the equity premium of NVIDIA and AMD graphics cards once exceeded 80% of the first-mover proposed retail price, and is currently still 25% higher than the first-mover proposed retail price.
In addition, from the demand side, the Ethereum blockchain system is expected to be updated in the second quarter of 2022. By then, Ethereum’s consensus mechanism will change from workload proof to interest proof. , which means that node operators only need to pledge a certain amount of Ethereum to make profits by authenticating nodes, and they no longer need to use graphics mining machines for mining.
Some merchants predict that speculators are likely to purchase large quantities of graphics cards in the future, and the price of graphics cards will also fall further.
Most miners will no longer buy new graphics cards, but will start selling them in large quantities. When non-mining computing power requirements such as gaming, image processing, and audio and video processing remain relatively stable, graphics card prices Decline has become inevitable.
From the supply side, starting from 2022, graphics card manufacturers have been improving the supply situation. The supply of RTX30 series products in January 2022 increased by 15% compared with the end of last year. Major graphics card manufacturers such as NVIDIA and AMD have stated that they will increase investment in 2021 to meet the market's requirements for graphics cards.