Time to purchase: video card fell due to the downturn in the cryptocurrency market

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2018-07-13 07:45:05

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Time to purchase: video card fell due to the downturn in the cryptocurrency market

In early July, the portal PCGamer drop in the price of the video card by 20 percent in the coming months. It was bound to happen due to the market entry of a new generation of graphics cards from Nvidia and decline of interest in GPU from the miners.

The Prediction came true earlier, according to analyst Jon Peddie Research Robert Dow, the price of the most popular cards fell by 30-35 percent. About it writes .

How to make money mining

According to analysts, last year the largest manufacturers of graphics cards, which are AMD and Nvidia sold the devices for a total amount of 774 million dollars. At the end of 2017, when Bitcoin rose above 20 thousand dollars, the miners bought up almost all available GPU on the market, which led to a rise in the price of the device.

However, six months later, the situation has changed dramatically popular among miners video cards are rapidly becoming cheaper, returning to the price level before the mining boom. According to Computerworld, APR farm of six RX 580 4GB AMD sold for $ 3,600, and now she asked for $ 2,500. Nvidia GeForce GTX 1080 8GB three months ago sold for $ 1,050. Now it fell to $ 700.

However, DOE notes that the costs of equipment for mining cryptocurrency remain significant courses coins are falling, and miners get less profit. On the other hand, the supply to the graphics card increases on the secondary market is a good opportunity to save even more money.

appeared first on Two Bitcoin.

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