More AMD GPUs Are Selling Under MSRP in Europe as Mining Tanks
upstart writes:
More AMD GPUs are selling under MSRP in Europe as mining tanks:
GPU mining is becoming less profitable with every passing month, and with a bit of luck, Ethereum's transition to a proof of stake consensus will render the activity useless for profit-seekers. Retail stocks are also improving and next-gen graphics cards are set to launch in the coming months, so prices for current-gen hardware are under the pressure to drop to more sane levels.
For the past 18 months, Ethereum miners spent a whopping $15 billion to scoop up graphics cards from Nvidia and AMD, leaving gamers at the mercy of scalpers and second-hand sellers for almost any model from the past two generations of graphics hardware.
Add to that a storm of logistical problems, factory lockdowns, and component and material shortages, and you get GPUs that are only now approaching the retail prices they should have had at launch.
According to a report from 3DCenter, prices in some parts of Europe are finally touching MSRP levels. In the case of AMD cards, prices for models like the Radeon RX 6900 XT, RX 6700 XT, and RX 6600 XT, as well as refreshed models like the 6750 XT and 6650 XT can now be found between seven and 16 percent below MSRP.
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