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As bitcoin values slide, high-end GPU prices drop, too

The processing power of high-end gaming cards made them ideal for cryptocurrency mining rigs and they were in hot demand when Bitcoin, Ethereum and other digital token prices leaped to unprecedented heights in late 2017 and early 2018.

That trend now appears to be reversing; add-in board (AIB) prices appear to be declining and supplies increasing – following the same path down as digital token prices crash.

“We have predicted a drop in [application specific processors] as [digital] currencies prices dropped,” C. Robert Dow, manager of digital media at Jon Peddie Research, said in an email. “The cost to run the mining rigs is not insignificant, so when the price for the currencies drop…, people will run rigs and choose to dump AIBs on the secondary market hoping to recover some cost.”

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