Woe to the builder of a new gaming PC or a gamer who’s been saving their money to buy a new, high-end graphics card this year. The market, to put it bluntly, is as we say in Spanish, el crappo for buyers as the price of high-end video hardware has spiked dramatically.
Graphics cards using Nvidia or AMD silicon that used to cost in the $300-$500 range have doubled and in some cases tripled in price over the last several months. The reason? Apparently the popularity of the Ethereum blockchain platform (similar to Bitcoin) has led to a run on graphics hardware that can mine cryptocurrency dollars. For its part, Nvidia has spoken out on the trend, urging retailers to think about the gamers who will still be around once the cash rush has died down.
How crazy has the trend gotten? Recently Dell was selling a gaming PC containing a graphics card that on its own sold for about the same price as the entire system.
Advice for gamers: resist the urge to upgrade right now, buy used or look for a pre-built gaming PC that hasn’t been hit by graphics card price inflation.
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