GPU prices at NVIDIA and AMD have dropped 57 percent since the beginning of 2022, with 14% of GPU prices falling since June the day before

GPU prices at NVIDIA and AMD have dropped 57 percent since the beginning of 2022, with 14% of GPU pr

GPU prices, particularly NVIDIA and AMD''s latest-generation graphics cards, have risen in price, allowing new and new users to pay more for the graphics card they need affordably. However, the market is gradually expanding with new and current users who are looking for an affordable GPU in the used and retail markets. However, this outage of options in the used and retail markets creates difficulties for consumers looking for a longer term term.

Tom''s Hardware has closely followed the price decline in recent months, and noticed that last month, AMD and NVIDIA GPU prices fell dramatically, from sites like eBay. The used market, for the first time, saw a fourteen percent decrease, with seventeen percent decreasing on the latest generation graphics cards, like the NVIDIA RTX 30 series and AMD''s RX 6000 series. The retail markets have seen a less dramatic decline, just a three percent decrease from the previous month.

A user can now enter the used marketplace for a graphics card and see a slew of options, from gamers who purchased their GPUs at excessive amounts during the shortage to crypto miners who are attempting to salvage their investment from the rigs developed.

Tom''s Hardware made a list of NVIDIA''s low-performing to low-performance graphics cards and AMD identical cards to show the difference in pricing in both retail and used markets. Readers should note that a majority of these cards were released during the shortage, and the prices were already higher than the estimated manufacturer''s retail pricing.

Graphics Cards 2022 Price Change
Toms HardwareeBay Price on July 1eBay Price on Jan 1Retail Price on July 1GPU MSRPeBay YTD ChangeRetail vs eBay PriceRetail vs MSRP
NVIDIA GeForce RTX 30 Graphics Cards
GeForce RTX 3090 Ti$1,387$1,670$2,00020%-17%
GeForce RTX 3090$1,043$2,918$1,459$1,500-64%40%-3%
GeForce RTX 3080 Ti$921$1,992$1,075$1,200-54%17%-10%
GeForce RTX 3080 12GB$812$800N/A ($800?)-1%0%
GeForce RTX 3080$707$1,783$800$700-60%13%14%
GeForce RTX 3070 Ti$587$1,244$698$600-53%19%16%
GeForce RTX 3070$495$1,179$580$500-58%17%16%
GeForce RTX 3060 Ti$433$1,007$470$400-57%9%18%
GeForce RTX 3060$365$761$390$330-52%7%18%
GeForce RTX 3050$299$328$25010%31%
AMD Radeon RX 6000 Graphics Cards
Radeon RX 6950 XT$1,125$1,060$1,100-6%-4%
Radeon RX 6900 XT$703$1,527$850$1,000-54%21%-15%
Radeon RX 6800 XT$637$1,387$690$650-54%8%6%
Radeon RX 6800$529$1,282$600$580-59%13%3%
Radeon RX 6750 XT$526$540$5503%-2%
Radeon RX 6700 XT$391$898$450$480-56%15%-6%
Radeon RX 6650 XT$360$380$4006%-5%
Radeon RX 6600 XT$273$659$360$380-59%32%-5%
Radeon RX 6600$252$578$275$330-56%9%-17%
Radeon RX 6500 XT$175$186$2006%-7%
Radeon RX 6400$150$160$1607%0%

"Total card sales for both previous- and current-generation GPUs were down compared to May," according to the website, which isn''t surprising as a result of lower prices. People are less concerned about trying to offload older hardware," said the author.

The Ethereum network hash rate in that time has increased from 228.2 TH/s to 1126.7 TH/s between September 2020 and May 2022. It''s total increase of 898.5 TH/s, which, when it comes to the amount of graphics cards used to mine that number, is quite frankly, astronomical.

VideoCardz, Tom, News Sources

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