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The rise in the value of bitcoin has caused the rise of almost all cryptocurrencies. And with the increase in the cost of cryptocurrencies, video cards have started to quickly disappear from the sale and their prices have increased by leaps and bounds. Video cards have been swept from store shelves, many have decided to make money on bitcoin mining.
But as soon as the value of cryptocurrencies declines, we see video card prices falling. Their price started to drop in Europe a week ago, and this trend is only continuing. The price of video cards fell another 30-40%.
So a week ago they were asking 1000 euros for the GeForce RTX 3060 Ti, but now it is offered for 720 euros. The RTX 3060 has also dropped in price, but not so impressively. You can buy it for 600 euros, whereas a week ago it cost 40 euros more. The GeForce RTX 3070 has also dropped in price, the cost of which has dropped to 900-1000 euros from 1500 euros a week ago.
Analysts are not committed to predicting what video card prices will be in the future. Cryptocurrency will rise – the cost of video cards will rise as well. Much will depend on the exchange rate of digital currencies in the market. Let’s not forget that the biggest manufacturers have made it their mission to limit the possibility of undermining classic video cards intended for gamers. This should prevent minors from playing cards.
The aim is to divide the markets and make consumption conscious. Mining cards will become a separate topic, and most of them will not “overlap” video cards for gamers. In the long term, this should also stabilize the market situation.
Bitcoin took off after Musk said it could resume use
Over the past few days, Bitcoin’s exchange rate has risen to $ 40,000 – after Tesla chief Elon Musk dismissed criticism related to his influence in the cryptocurrency market. He said the company has sold some of the Bitcoin, but may start using it again.
The price of the world’s most famous cryptocurrency has long and firmly been tied to Musk’s statements. In February, the company acquired Bitcoin for $ 1.5 billion, and Elon Musk announced the sale of electric vehicles for bitcoin. Later, he also said that the cryptocurrency would not be accepted due to the businessman’s concern about its impact on the environment due to the high energy consumption during its “production. “and its circulation. Musk has vowed to return to consideration of possible transactions after receiving confirmation of the environmental safety of the miners’ energy use.
After this announcement, the price of the “coin” climbed more than 9% to $ 39,838.92. Bitcoin is up 33% this year, but fell after China’s cryptocurrency restriction; and, last but not least, contradictory and reckless statements by Musk himself. By the way, Tesla’s stock price has fallen by around 30% since buying Bitcoin.
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