Gpu prices dropping

Gpu prices dropping DEFAULT

With Nvidia RTX 30-series GPU prices finally falling, is it time to build a gaming PC?

Could the GPU nightmare finally be over? Perhaps – as there’s some encouraging signs that Nvidia’s RTX 30-series graphics cards, including the excellent RTX 3080 and RTX 3060, may finally be dropping in price after months of inflation.

The global chip shortage – in part caused by the Covid-19 pandemic – combined with pent-up demand and a boom in cryptocurrency mining, has caused a perfect storm that has made new graphics cards extremely hard to get hold of. To make matters worse, when GPUs are in stock, some retailers or resellers are selling them at inflated prices.

This has made upgrading your PC, or building a new one from scratch, a real headache, as well as being more expensive than usual. So, a new report from, as spotted by Toms Hardware, which suggests prices for certain GPUs may be dropping, is certainly good news.

Before we dig in to what this means, there are some caveats. For a start, the report looks at prices in Germany only. However, Germany is one of the biggest markets for PC components, so a trend there could hint at wider market implications.

What’s also interesting about the report is that while Nvidia graphics card prices appear to be falling, the prices for AMD graphics cards are actually rising. This has led to some Nvidia GPUs being better value than AMD ones. What a world we live in.

According to the report, back in may Nvidia cards were selling at a whopping 300% above their MSRP (manufacturer's suggested retail price). However, a month later that inflation had dropped to 191%, and is now at 150%. While still above MSRP, it’s still a substantial drop.

What about AMD?

While these price drops are good news for people wanting an Nvidia graphics card, for AMD fans, it appears to be a different matter, as prices haven’t dropped quite as much. New AMD RX 6000 series cards were selling at 214% of their MSRP recently, and that has dropped to just 159%.

Of course, the price of AMD cards didn’t have as far to fall as Nvidia ones, but with its rival’s prices dropping faster, it could leave AMD’s GPUs looking like a worse value proposition.

So, what’s going on? For a start, while Nvidia has been implementing hash rate limiters to stop its GPUs being so attractive to cryptocurrency miners, which could have a knock-on effect of miners and scalpers mass-buying its GPUs and inflating prices, AMD hasn’t followed suit.

There’s also the fact that Nvidia’s GPUs are vastly outselling AMD’s graphics cards – with the ultra-high-end RTX 3090 outselling all AMD RX 6000 GPUs according to a recent Steam Hardware Survey.

This would suggest there’s less leeway (or desire) for retailers to start dropping the prices of AMD GPUs as quickly.

Is now a good time to build or upgrade?

With graphics cards being so scarce, or selling for such high amounts recently, many people have been holding off building or upgrading their PCs. So, does this drop in price suggest now’s the time to build your dream rig?

In one way – yes. If you find an Nvidia RTX 30-series GPU on sale right now for a price you can afford, it’s worth getting. There’s a good chance it’s being sold for less than it would have been going for a few months ago.

GPU stock still remains low, so if you don’t buy one now, it may go out of stock and you may not be able to get hold of one for months, further delaying your build.

However, there are also reasons to wait, if you can. The prices are going in the right direction, but they are still being sold above MSRP. By holding on, you may find prices drop further – though there’s no guarantee they will.

What this does mean is that PC gamers finally have a bit of flexibility. A few months ago with inflated prices and low stock, we recommended not upgrading your PC. However, with prices dropping, for some people now is a good time.

With Black Friday and Cyber Monday coming up later in the year, we may see prices drop a little further. We don’t expect any bargains, but we may finally be able to upgrade our PCs without spending obscene amounts. We hope.

Senior Computing editor

Matt (Twitter) is TechRadar's Senior Computing editor. Having written for a number of publications such as PC Plus, PC Format, T3 and Linux Format, there's no aspect of technology that Matt isn't passionate about, especially computing and PC gaming. If you're encountering a problem or need some advice with your PC or Mac, drop him a line on Twitter.


GPU Availability and Pricing Update: September 2021

It’s time for our monthly graphics card pricing analysis update, yet another one. It'd be great if pricing was normal and we actually didn’t have to make these updates, but tracking GPUs is useful in case you are thinking about jumping the gun... and this month we can celebrate a rather unfortunate anniversary.

It was just over a year ago that Nvidia launched the first GeForce RTX 30 series graphics cards, the RTX 3080 on September 17 and the RTX 3090 shortly after. Lots of excitement back then with Nvidia promising to sell these GPUs for $700 and $1,500, respectively.

Supply at launch was low, and from there it only got worse with ever increasing demand and other market factors at play. In the space of 12 months it’s been nearly impossible to buy one of these otherwise great GPUs off the shelf at the MSRP.

And back then it was shaping up to be such a good time to buy a graphics card. We had just sat through 2-3 years of average GPU launches with Nvidia’s RTX 20 series not delivering on the value front and AMD’s inability to compete at the high end, so lots of gamers were hoping to jump on a series of GPUs that finally looked good and worthy of an upgrade. Unfortunately, upgrading proved to be difficult, due to extreme pent-up demand from gamers waiting years for an upgrade, additional demand due to the rise of gaming throughout the pandemic, supply issues, and then the crypto boom that began in January, which crippled the market.

But enough about that, let’s explore how the market is looking today...

Market Update

Most people at this point know why we’re still unable to buy GPUs at the MSRP, but I wanted to focus specifically on a couple of things that we’ve been tracking over the last few months.

The first of those is AMD’s Radeon RX 6600 XT which launched in early August. AMD promised that this would be a $380 GPU -- not the best MSRP, but they claimed that plenty of stock would be available at this price level. It was clear shortly after launch that this probably wouldn’t be the case for any significant stretch of time, but now that we’re over a month post-release, it’s become exceptionally clear.

If anything, pricing for the RX 6600 XT has continued to get worse since launch, and it simply is not possible to buy one at a reasonable price in some regions like the United States. In Australia, it was available at the MSRP for about 24 hours, but days later that price had jumped up beyond the MSRP and hasn't returned to decent levels. In fact, right now you’ll have to fork out the equivalent of ~50% price inflation for that GPU in most markets. So at this point it’s safe to say that AMD’s original promise of good availability at the MSRP has proven not to be true for any significant period of time.

Why has the price gone up? Simply put, the original price was well below the current going price for other GPUs in the market. As soon as AIBs and distributors get a whiff of demand and know they can rip off customers, and as soon as AMD stops caring about making the price look good around the launch window, prices began to rise.

Retailers are once again telling us about all the usual issues with distributors raising prices, forcing bundles and so on, just now it’s being applied more to the 6600 XT than it was before. Retailers also tell us that since launch, miners are paying increasingly more attention to this card and its value proposition, which has reduced supply in the chain as cards filter out to miners before they hit retail, raising the price in the process.

With all of that said, the 6600 XT is still cheaper in several regions than Nvidia’s closest competitors, the RTX 3060 and RTX 3060 Ti. Despite unattractive retail pricing, availability is actually quite good in many regions, just not in the US.

At PC Case Gear (Australia), right now they have stock of every single current generation GPU, and for most variants you can choose from a significant number of AIB models with only a few out of stock. It’s simply the nasty pricing that means these GPUs are not flying off the shelves. Availability has been decent for months now and getting better depending on where you’re located. The longer overpriced models sit on shelves, the more pressure there will be to reduce prices.

No GPU for You!

While availability might be decent, gamers are not going to be able to buy affordable GPUs at retail any time soon for two reasons. #1: Nvidia aren’t making any significant efforts to bring the lower-cost RTX 3050 to retail. We might see AMD release an RX 6600 non-XT, but that’s unlikely to help much either. While the 3050 has been available in laptops for some time now, we haven’t heard anything from our contacts to suggest the card is coming to desktop buyers anytime soon. Reason #2: is the big reason, and that’s crypto mining.

Of course, it's now clear that GPU pricing is directly linked to mining profitability. It’s not related to supply, it’s not related to the pandemic, or anything like -- GPUs are being priced in line with how much money you can make mining on them. That’s the guide that AIBs and distributors are using when they set pricing, and prices clearly change in step with changes to mining profitability.

Crypto fans will probably rush to the comments to point the blame somewhere else, but pricing hasn’t been changing in the face of gaming demand -- which has remained high for a year now. The main reason why you can’t buy a GPU at a decent price is because it’s profitable to mine crypto on them, and miners are willing to pay higher prices indefinitely for essentially a money printer. If mining wasn’t profitable on modern GPUs, you’d probably have a new GPU in your hands right now at the MSRP, because the record level of supply this generation up to this point is enough to satisfy the gaming demand.

The Crypto Rollercoaster

So, what’s been happening over in the land of mining in the last month? Pricing of the most popular coin for mining, Ethereum, has been relatively flat month on month, there was a period a couple of weeks ago where prices were up, that cooled off, and for the past few days there's been a decline. But it’s a volatile market as usual, so on the whole it’s been flat.

Meanwhile in that period, Ethereum difficulty has risen about 15%, meaning that a decent amount of extra mining hardware is in the pool compared to a month ago. This would have been in response to the rising crypto prices over the last two months, but it has plateaued slightly in the past week. What this means is that miners have been interested in buying GPUs for mining, contributing to higher prices, though the impact is that when difficulty increases, the rewards for mining decrease. So seeing a rise in difficulty is both a good and bad sign for gamers.

Overall, this has led to a drop in mining profitability, right now it’s down about 25% month on month, though it does depend on the exact GPU in question. Cards where Ethereum is not the most profitable choice of coin for mining -- such as Nvidia’s LHR GPUs -- have seen more severe declines. However, most of these declines have occurred in the past week after crypto’s peak in price, and because there’s always a lag before this is reflected in GPU pricing, we’re only just starting to see those effects now.

GPU Pricing Update

How has this affected GPU pricing on eBay, which we’ve been tracking monthly for some time now. Here we have Nvidia’s GeForce RTX 30 series looking at completed eBay listings in the past week. Most mid to high-end GPUs haven’t changed in price much compared to what we observed a month ago. The RTX 3080 Ti has by 4% on average, while the RTX 3070 decreased by 4%. Then at either end of the scale we have slightly larger changes with the RTX 3090 increasing by 10%, and the RTX 3060 Ti going down in price by 9%, with this GPU still seeming to be in good supply right now.

MSRPeBay Average Price JulyeBay Average Price AugusteBay Average Price SeptemberCurrent Price InflationPrice Increase Aug to September
GeForce RTX 3090$1,500$2,599$2,607$2,86391%10%
GeForce RTX 3080 Ti$1,200$1,905$1,815$1,88057%4%
GeForce RTX 3080$700$1,623$1,643$1,673139%2%
GeForce RTX 3070 Ti$600$1,085$1,170$1,19199%2%
GeForce RTX 3070$500$1,075$1,228$1,180136%-4%
GeForce RTX 3060 Ti$400$1,012$952$866117%-9%
GeForce RTX 3060$330$723$752$708114%-6%

At the moment, a majority of Nvidia’s line-up, especially for their mid-range offerings, are LHR products meaning they have been hit harder by recent reductions to mining profitability. This has been reflected to some extent in pricing, although on the whole Nvidia cards have been relatively flat. I suspect we’ll only see price reductions if the crypto market continues to decline for a few more weeks as it has done as of late. It was only a couple of weeks ago that the outlook for miners was much more positive and that helped to keep GPU prices high.

AMD’s Radeon RX 6000 series GPUs are not in good supply, and there haven’t been many sales of cards like the RX 6800 XT, and especially the RX 6800 in the past week. However, the RX 6700 XT continues to be available, and its price has risen 11% month on month, close to the level of June pricing. With that said, prices are still 25% lower than the peak for this card in March, and there has been no change in pricing for the RX 6600 XT which is still a $640 GPU on the scalper market on average.

MSRPeBay Average Price JulyeBay Average Price AugusteBay Average Price SeptemberCurrent Price InflationPrice Increase Aug to September
Radeon 6900 XT$1,000$1,460$1,622$1,56957%-3%
Radeon 6800 XT$650$1,282$1,268$1,411117%11%
Radeon 6800$580$1,087$1,127$1,309126%16%
Radeon 6700 XT$480$733$793$88183%11%
Radeon RX 6600 XT$380$633$63968%1%

Based on the volumes we’re seeing on eBay, and at retail, it seems that AMD are heavily prioritizing their mid-range GPUs at the expense of high-end products. But without any limitations on mining performance, AMD cards are more susceptible to changes in mining profitability, and that’s hurt them this month.

This has affected cost per frame value for buyers looking at a GPU for gaming. In August and in prior months, the RX 6700 XT (and also the 6600 XT) have been the outright leaders in value. However with some Nvidia GPUs seeing price drops, while AMD cards have risen in price, cost per frame is a lot closer in September than it has been. Right now, the RX 6700 XT is only 6% cheaper per frame than the RTX 3060 Ti, compared to 23% cheaper in August.

When you factor in the additional features that Nvidia GPUs offer such as DLSS and superior ray tracing performance, it’s no longer the case where AMD has an overall lead in value. With this cost per frame, I’d personally be choosing the RTX 3060 Ti over the RX 6700 XT, while the RTX 3070 Ti is also not looking too bad up against the RX 6800 and 6800 XT. It’s only Nvidia’s higher end cards that are poor value compared to the rest of the market, but of course we generally still don't recommend paying inflated prices (unless you can make money playing games :).

Used GPU Pricing

On the used market, prices for Nvidia RTX 20 series are up slightly month on month, with most cards in the mid-single digits for increases. The exception is the RTX 2080 Ti, which is priced far too close to the level of a brand new RTX 3070 Ti. That sort of pricing is ridiculous when for $50 more you can get better performance and a brand new product, but of course, mining.

MSRPeBay Average Price JulyeBay Average Price AugusteBay Average Price SeptemberCurrent Price InflationPrice Increase Aug to September
GeForce RTX 2080 Ti$1,000$952$1,043$1,15816%11%
GeForce RTX 2080 Super$700$788$802$80415%0%
GeForce RTX 2080$700$686$703$7365%5%
GeForce RTX 2070 Super$500$638$667$72044%8%
GeForce RTX 2070$500$603$614$65030%6%
GeForce RTX 2060 Super$400$613$615$66265%8%
GeForce RTX 2060$350$476$482$51447%7%

Then we have the GTX 16 series which are still popular in the sub-$500 market. Currently these GPUs are disgustingly overpriced on the used market and products like the 1660 Ti and 1660 Super have gone up quite a bit. You’re faced with spending around double these card’s MSRP, and that’s unlikely to get better soon with Nvidia’s reluctance to release an RTX 3050.

MSRPeBay Average Price JulyeBay Average Price AugusteBay Average Price SeptemberCurrent Price InflationPrice Increase Aug to September
GeForce GTX 1660 Ti$280$428$426$49175%15%
GeForce GTX 1660 Super$230$425$452$494115%9%
GeForce GTX 1660$220$359$371$37872%2%
GeForce GTX 1650 Super$160$291$283$30289%7%
GeForce GTX 1650$150$248$247$26274%6%

GPUs from Nvidia's GeForce 10 series have risen in price by 5% on average, with some crazy asking prices for cards like the GTX 1080 Ti. On the whole, 10 series cards are selling used for only slightly below their launch price 4-5 years ago, or above that launch price in the case of the GTX 1060 6GB. The 1080 Ti is also poor value compared to brand new RX 6600 XTs for gaming, although the 1080 Ti is much better for mining, so as always that explains a lot of the discrepancy.

MSRPeBay Average Price JulyeBay Average Price AugusteBay Average Price SeptemberCurrent Price InflationPrice Increase Aug to September
GeForce GTX 1080 Ti$700$550$616$676-3%10%
GeForce GTX 1080$600$395$441$459-24%4%
GeForce GTX 1070 Ti$450$398$406$4510%11%
GeForce GTX 1070$380$337$361$373-2%3%
GeForce GTX 1060 6GB$250$273$286$30924%8%
GeForce GTX 1060 3GB$200$189$223$2147%-4%

It’s no surprise to see that in a month where crypto mining was highly profitable and getting more profitable for a significant chunk, that AMD’s RX 5000 series jumped in price by a substantial amount. The RX 5700 XT remains an excellent card for mining, nearly at the level of the RTX 3070 without LHR limits, and better than the RTX 2080 according to Whattomine.

MSRPeBay Average Price JulyeBay Average Price AugusteBay Average Price SeptemberCurrent Price InflationPrice Increase Aug to September
Radeon 5700 XT$400$762$800$865116%8%
Radeon 5700$350$719$730$829137%14%
Radeon 5600 XT$280$541$558$620121%11%
Radeon 5500 XT 8GB$200$363$344$404102%17%

Similar effects with AMD’s older GPUs such as Vega 56 and 64, both those GPUs are also good for mining and are sought-after in that market, so most gamers should probably sell their Vega card to a miner and move up to a higher performing product. Cards like Vega 56 fetching over $700 these days is pretty wild, and even cards like the RX 580 8GB are not good value given their much higher price than the GTX 1060 6GB.

Not a Great Outlook

That does it for this month’s GPU pricing update. On the whole, prices for graphics cards rose month on month for September, but only slightly, with most cards recording a price hike in the mid single-digit range. Obviously, we’d like to see prices go the other way, so from that perspective it’s disappointing, however the crypto market has been going strong until recently, so seeing only a small rise in pricing isn’t too bad.

We still don’t recommend gamers to pay inflated prices for graphics cards, though we’re at a point where cards like the RTX 3080 are now a year old, so naturally some people will be desperate to upgrade and will have been waiting for a year or more. If you do fall into that category, GPUs like the GeForce RTX 3060 Ti, RTX 3060 and RTX 3070 Ti are on the better end of the value scale and Nvidia’s LHR program has been effective at reducing prices on what would otherwise be strong performers for mining.

Value has tightened up recently between AMD and Nvidia due to this, which makes cards like the 6700 XT harder to recommend at current scalper prices. However while the 6600 XT has risen in price and continues to rise, it’s also worth considering.

The main factor that's going to see graphics card prices drop is a drop in mining profitability. That's been happening across the past week, but will need several more weeks before that’s reflected in the GPU market, and of course, profitability might rise next week, who knows. Supply and availability is less of a concern, given GPUs are readily available on store shelves in most regions and have been for some time. It’s mostly down to pricing now, which is dictated by mining profitability at this point.

We’re also coming up to the holiday period, so it'll be interesting to see how pricing goes during that time and how availability is affected. You’d think that would increase demand, but a lot of people are still waiting for affordable GPUs from the previous holiday period, so it’s hard to say. We’ll be keeping an eye out and letting you know in these updates throughout the rest of 2021.

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GPU prices rising again after they had been falling

Despite trending downward over the past few months, GPU prices are starting to rise again. German outfit 3D Center published its GPU market report on Monday, and it shows a slight uptick in the prices of Nvidia and AMD graphics cards after months of price drops.

The most recent data show Nvidia cards going from 150% of suggested price to 159%, and AMD graphics cards moving from 159% of suggested price to 164%. At the beginning of August, AMD showed a 3% increase in price, but Nvidia prices continued dropping. With Nvidia prices now going up, the report suggests the GPU crisis is far from over.

GPU prices in Germany in August 2021.

It’s important to note that 3D Center only tracks German retailers, so these numbers don’t apply to the entire world (though, they have served as a good reference point). The price data also doesn’t include the RTX 3070 Ti, RTX 3080 Ti, or RX 6600 XT. These cards are newer and priced higher than the cards that launched in 2020, which would skew the average price even higher.

The outlet points to decreased supply of the oldest current-gen GPUs as a possible culprit for the increased prices. The AMD RX 6800 is nearly impossible to find, and Nvidia’s base RTX 3070, RTX 3080, and RTX 3090 have each seen a downtick in availability.

Nvidia is pushing ahead with its Ti variants of these base Ampere models, so the dwindling availability makes sense. There are now updated variants of each card in the RTX 30-series range, with the exception of the RTX 3090. Recent rumors suggest Nvidia is working on an RTX 3090 Super for later this year, however.

Overall, availability isn’t as big of an issue as it was at the start of 2021. It’s possible that Nvidia didn’t anticipate the problem would last this long and opted to press on with the updated Ti variants rather than the base models. Now that those base models are phasing out, they aren’t being replaced with new inventory, driving up prices.

The other explanation is cryptocurrency mining. AMD and Nvidia cards experienced a massive price spike in May, which correlated with a spike in Ethereum prices. The price of Ethereum leveled off in June and July, but it’s rising again. GPUs are still the main mining source for Ethereum, and the alt-coin is likely playing a role in the increasing prices.

On top of that, Nvidia CEO Jensen Huang recently warned that the supply issues will continue throughout 2022. With limited supply and an increase in crypto prices, we could see a situation similar to what transpired in the first half of 2021. To make matters worse, recent reports suggest chipmaker TSMC — which creates AMD RX 6000 GPUs — will raise prices this year, making cards even more expensive.

Nvidia RTX 3060 Ti Founders Edition on a pink background.

The GPU shortage is over — there are enough graphics cards to go around at this point. However, supply chain issues are still causing some problems in light of the sustained demand from gamers and cryptocurrency miners. The increased prices are profitable for scalpers, too, who continue to sell marked-up cards on the secondhand market.

Hopefully, we’ll have good news before we have more bad news. Intel is working on its Arc Alchemist graphics cards for early 2022, which should introduce more graphics cards in a market that’s dying for them. AMD and Nvidia likely have next-gen GPUs in the works, too, but we don’t know when they’re launching at this point.

Editors' Recommendations


German GPU sales point to more price hikes and a drop in availability this year

As we move into the later part of 2021, trends and evil rumours point to a worsening of both price and availability for GPU stock. That means it could be a while longer before the GPU shortage finally subsides and the ridiculous pricing we've been subject to fully balances out.

According to a recent report from 3DCenter, Nvidia GeForce RTX 30-Series GPUs and AMD Radeon RX 6000-Series GPUs have been steadily moving up in price over the past couple of months, while availability has continued to dwindle. This is the case at least around Germany, with these trends likely being pretty well reflective of the wider picture across the market today. 

See more

After a somewhat encouraging price drop between June and July—45% for Nvidia cards, and 28% for AMD cards—as well as an almost 300% availability spike, things are looking lamentable once more. Since the last report on August 29, availability has continued to decline, while average prices have seen around a 10% rise for both AMD and Nvidia cards.

As it usually goes with low supply and high demand products, price and availability tend to fluctuate proportionately. GPU stock is no different. As the report indicates, "Based on the trend, if this continues, then we can end up with 2x markup over MSRP by the beginning of Q4 2021."

This, along with forecasts from Jon Peddie Research and reports claiming TSMC has hiked the price of it's 7nm process don't give us much hope for improvement in the near future.

It seems it'll be some time then before GPU prices and availability balance out after the shambles of a year we've had. I'm trying to be hopeful, though, even if it's unlikely current-gen card prices will ever slip fully back into MSRP territory.

Just be aware that PC gaming isn't likely to get any cheaper.

Screw sports, Katie would rather watch Intel, AMD and Nvidia go at it. She can often be found admiring AI advancements, sighing over semiconductors, or gawping at the latest GPU upgrades. She's been obsessed with computers and graphics since she was small, and took Game Art and Design up to Masters level at uni. Her thirst for absurd Raspberry Pi projects will never be sated, and she will stop at nothing to spread internet safety awareness—down with the hackers.


Prices dropping gpu

The GPU Price Index: Still Waiting for the Crash

By Jarred Walton

GPU prices on eBay haven't dropped, though further restrictions on the use of cryptocurrencies in China could offer some relief in the coming months.

Our GPU price index tracks all the best graphics cards and the latest additions to our GPU benchmarks hierarchy. We scrape eBay's historical data to get details on what sort of prices people are paying for GPUs. We track current Nvidia Ampere and AMD Big Navi generation GPUs, and also provide monthly updates on the previous generation graphics cards.

The volatility in Bitcoin and Ethereum prices continued, and the latest China crackdown on cryptocurrency trading at any level caused the expected tumble in prices. Ethereum is now below $3,000 for the first time in a while, and Bitcoin is approaching the $40K mark. It's a bit too recent to have impacted graphics card prices, but if the current trend continues we could see more GPUs start showing up on sites like eBay.

We're looking at the past two weeks of data for the latest generation graphics cards, for the middle weeks of September. We check eBay's sold auctions, filtering for junk data and confining results to actual real GPUs (as much as possible). Some junk listings may slip through, but we're mostly looking at the overall trends.

Graphics CardAvg eBay PriceQTY SoldGross Sales
GeForce RTX 3090$2,750647$1,779,030
GeForce RTX 3080 Ti$1,817675$1,226,313
GeForce RTX 3080$1,672888$1,484,470
GeForce RTX 3070 Ti$1,174470$551,836
GeForce RTX 3070$1,213955$1,158,530
GeForce RTX 3060 Ti$9301643$1,527,694
GeForce RTX 3060 12GB$6991581$1,104,566
Radeon RX 6900 XT$1,526109$166,326
Radeon RX 6800 XT$1,328149$197,941
Radeon RX 6800$1,31461$80,181
Radeon RX 6700 XT$869420$364,791
Radeon RX 6600 XT$584727$424,350

With no 17,000 Nvidia Founders Edition GPU restock at Best Buy supplying scalpers with extra cards to sell, unit sales on nearly every Nvidia GPU are down compared to our previous update. The total number of Nvidia cards sold dropped by 15%, with the RTX 3080 Ti being the only card to buck the trend, selling 4% more cards than last time. AMD on the other hand showed overall growth of 16%, thanks mostly to the 60% jump in the number of RX 6600 XT cards sold.

Total sales for Nvidia cards in dollars spent (on eBay) dropped by 16% as well, while money spent on AMD GPUs increased by 10% — more people were buying the cheaper cards, basically. Nvidia GPU prices remained mostly flat, though the RTX 3090 average price went up 5% while the RTX 3080 Ti average price dropped by 3%. AMD GPUs in contrast showed larger swings. The RX 6900 XT average price dropped by 6%, the RX 6800 XT, RX 6800, and RX 6700 XT all increased in average price by 4–7%, and the RX 6600 XT price dropped by 2%.

This is one of the few times where any of AMD's RX 6000-series GPUs outsold multiple Nvidia's RTX 30-series cards. It's also the closest AMD has been to Nvidia in terms of market ratio. Nvidia still outsold AMD by 4.7 GPUs to 1, but that's a lot better than previous updates where the ratio was 6 to 1 or more. Money spent on GPUs still favors Nvidia by 7.2 to 1, though.

Summary: No Crypto-Crash Yet

Despite continued crackdowns on the use of cryptocurrencies in China, we haven't seen the predicted crash in prices. Sure, Bitcoin is down over 33% from its all-time high, and Ethereum is down over 25% from its high, but both are still trading at nearly 10X their price from a year ago.

The current profitability for cryptocurrency mining has also dropped quite a bit since earlier in the year, but the RTX 3080, RTX 3080 Ti, and RTX 3090 can all still net over $5 per day. Other cards like the RTX 3070 and RTX 3060 Ti, along with all the Navi 21 GPUs (RX 6900 XT, RX 6800 XT, and RX 6800) can net about $3.50 per day. That means it would take nearly a year to break even on the cost of the hardware, but clearly there are still people buying cards for mining purposes.

It's not just miners buying GPUs, though. There are still plenty of PC gamers that wouldn't mind an upgrade. Look at the latest generation consoles as another example: Both the PlayStation 5 and Xbox Series X are averaging close to $800 on eBay, 60% more than their official prices. Best-case, we'd expect the latest RTX 30-series and RX 6000-series GPUs to track closer to the console markup, and right now only the cards with the highest MSRP, like the RTX 3080 Ti and RX 6900 XT, are marked up that far.

Actually, that's not quite true. If you want a latest generation graphics card, AMD's RX 6600 XT is only marked up about 50%. So you can buy that card for under $600, a real bargain! (That's sarcasm, FYI.) It's a better deal than the RTX 3060, which costs a bit more and is generally slower in most games that don't use ray tracing, but the most desirable cards cost about double the AMD and Nvidia MSRPs.

If we can get several months in a row of downward trending cryptocurrency prices, and then if the prices stay down — or maybe if we're lucky they'll roll over and play dead — prices on the best graphics cards might finally recover. That's a big "if," unfortunately for PC gamers.

Jarred Walton's (Senior Editor) love of computers dates back to the dark ages, when his dad brought home a DOS 2.3 PC and he left his C-64 behind. He eventually built his first custom PC in 1990 with a 286 12MHz, only to discover it was already woefully outdated when Wing Commander released a few months later. He holds a BS in Computer Science from Brigham Young University and has been working as a tech journalist since 2004, writing for AnandTech, Maximum PC, and PC Gamer. From the first S3 Virge '3D decelerators' to today's GPUs, Jarred keeps up with all the latest graphics trends and is the one to ask about game performance.

Will GPUs FINALLY Get Cheaper Soon?

A long time. I sat down in a chair and sat Luda on my lap. Without interrupting endless kisses, I went from hugs to caresses.

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I was finishing my coffee when Elena Pavlovna appeared at the door of the restaurant. Well, where were you hanging around again. - Sitting down at my table she asked.

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