Crypto Miners everywhere have drastically been shaving off any available supply of good GPUs online leaving prices over saturated making it harder for gamers to build their own PC. One huge problem that gamers are experiencing is not being able to get their desired GPU and thus settling for a GPU that could be below their expected specs.
Scarcity of Nvidia GeForce RTXs and AMD Radeon RXs
With Nvidia GeForce RTX 3000 GPU prices blowing up due to scalpers, gamers are now left with no choice but to stop being picky. As of the moment, the resale price for a Nvidia GeForce RTX 3060 could go as high as the Nvidia GeForce RTX 3090! This enormous increase in resell prices has left gamers with no choice but to simply settle for what GPU is available.
Nvidia isn't the only GPU provider that is having problems with supply. In fact, it's competition, AMD, is also having the same problem. Although some time last year, the two GPU makers have been comparing benchmarks, nowadays, the two are faced with their own problems which is limited supply.
PowerColor Red Devil AMD Radeon RX 6900 XT
A PS5 restock tracker on Twitter just recently announced that there is a certain AMD GPU stock available. The PowerColor Red Devil AMD Radeon RX 6900 XT was reportedly spotted online and the good news is, it is still available at the time that this article was written.
GPU restocks as of late are very rare and it is usually the PS5 restocks that pop up every once in a while. The global chip shortage has now deeply affected the electronics industry and GPUs are found almost in the center of the scarcity.
GPUs for Crypto Miners
Due to the recent increase in popularity of cryptocurrency, the number of miners has also increased meaning gamers have another competitor in the GPU front. Since cryptocurrency runs efficiently on GPUs and a mining rig itself would already require a number of GPUs, with crypto miners in the picture, the demand for GPUs has increased exponentially.
According to an article by TechRadar, the TSMC, which currently supplies the needed chips for AMD, Nvidia, and Intel, has warned the public that the current global components shortage will most likely continue well into 2022. This shortage, as of the moment, does not yet have a specific day as to when it will officially be solved.
For those wondering if the prices of GPUs will go up, the article notes that the Taiwanese semiconductor foundry is now allegedly planning to hike its own chip prices as a result of the whole chip shortage going on as of the moment. TSMC said in a recent conference call that the company actually continues to see very high-levels of demand. They also announced that the high demand and low supply will unlikely be met well until the year 2023.
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Written by Urian B.