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You are here: Home / GPUs prices are skyrocketing because of cryptocurrency mining

GPUs prices are skyrocketing because of cryptocurrency mining

April 20, 2018 by mmoexaminer Leave a Comment

I have never been this mad at the apparent shortage of items at the store. It irks me the more because the acute shortage of graphics cards leaves us with two unforeseen options: wait for I don’t know how long till prices come down or scramble for the few available pieces with cryptocurrency miners. Gamers can no longer pop into the nearest Best Buys store and grab the latest graphics processing units (GPUs). The situation has got so bad that it’s practically good advice to stay away from the very graphics cards that made gaming such a beautiful venture. Don’t try because you won’t get them. If you do find them, prices are insane. Shortages and price hikes Now, we are in 2018 and skyrocketing prices seems to be the norm. I worry more about the crazy graphics cards prices than I do about the increased cost of fuel. And the worst thing is that it’s now virtually impossible to purchase a good GPU. There are even allegations that we should expect prices to continue spiking until Q3 of 2018. What on earth is going on here? Relief seems to be far off. Efforts by Nvidia and AMD to solve the situation is notwithstanding. Nvidia has come out clearly asking its retail partners and sellers to ensure gamers come first. But that seems not to have helped. I bought two Nvidia GTX 1060s back in March 2017 at a cost of $400 for the two. Now my $400 can’t get… [Read full story]




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