GPU prices are still on a decline: Is Bitcoin’s sorrow gamers’ joy?
Times are hard for Bitcoin and other cryptocurrencies, but gamers are in luck, as GPU prices are now more affordable. The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially considering what GPU prices looked like just a year ago.For instance, the price of a GPU from Nvidia GeForce RTX 30-series is 14% over its MSRP, according to reports from 3D Center. Whereas AMD’s Radeon RX 6000 is up 7% from its MSRP from April 17 and....
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A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic cards to keep a balanced inventory for gamers. Cards With Limited Hashrate Will Be the Ones Shipped Starting May According to the announcement published by the chipmaking giant, the measure will reduce the ethereum (ETH) hashrate to Geforce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards. The....
Data shows GPU prices have continued to go down recently as Ethereum mining profits have been observing a decline. GPU Prices Plunge As Demand From Ethereum Miners Fades Data from the tech outlet Tom’s Hardware suggests graphics cards prices continued their drawdown in June as they plummeted another 14%. Back in 2020, owing to a […]
Dash has slumped roughly 5% from yesterday and registered a fresh April low of 0.0127BTC before paring the losses to be trading at 0.01298BTC. With this decline, the cryptocurrency has cracked the higher support line and the fate of Dash is now hinged on the lower support line. If the cryptocurrency is unable to establish the lower support line as a ground, we may witness a panic fall in price. An analysis of the 360-minute DRK/BTC price chart reveals that Dash is on its last legs and future sessions may bring in more sorrow for the investors. Chart Structure - The cryptocurrency remains....
Bitcoin prices tumbled sharply this morning. According to data from CoinDesk's Bitcoin Price Index (BPI), markets averages dropped abruptly only days after passing the $1,000 mark on 1st January. This morning's decline came after prices reached a high of $1,153.02 in early morning trading. Still, despite coming within reach of all-time highs, prices fell more than 20% across global exchanges before recovering. Markets were fluctuating near $1,071 before reaching a brief low of $887.47, the lowest figure observed on the BPI since 25th December. At press time, the average price of bitcoin....
The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year. More than 80,000 Bitcoin (BTC) investors have had their millionaire status revoked due to the crypto market downturn, but lower prices mean the number of whole coiners is growing. Back on Nov. 12, just days after Bitcoin hit a new all-time high of around $69,000, a total of 108,886 BTC addresses reported a balance greater than $1 million, according to data from BitInfoCharts. Fast forward to the present day, with the price of Bitcoin struggling to hold above $20,000, a mere....