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GeForce RTX 30 and Radeon RX 6000 average prices fall as Ethereum price weakens and GPU availability improves

Retail prices for RTX 30 and RX 6000 GPUs have fallen in line with Ethereum's market value. (Image source: Nvidia/AMD/Unsplash/Coinbase - edited)
Retail prices for RTX 30 and RX 6000 GPUs have fallen in line with Ethereum's market value. (Image source: Nvidia/AMD/Unsplash/Coinbase - edited)
The average retail prices for units in the Nvidia GeForce RTX 30 series and the AMD Radeon RX 6000 range have dropped slightly in the last three weeks. The fall in prices for the Ampere and RDNA 2-based cards appears to coincide with the weakening Ethereum price and improved stock availability. However, average retail prices are still close to double list prices.

A positive note in regard to graphics card prices has come from 3DCenter’s latest snapshot of the German and Austrian market for GeForce RTX 30 cards and Radeon RX 6000 boards. According to the site’s thorough research, average prices for both ranges have fallen in the last three weeks, with GeForce cards dipping from 185% list price to 177% and Radeon boards slipping from 178% to 167%. This contrasts massively to the highs experienced in May 2021, when Ampere units were coming in at 318% list price while RDNA 2 SKUs demanded up to 216% list price.

In a graph provided by the same source (see below), it’s clear to see there is a general correlation between GPU price, Ethereum price, and stock availability during that May period. However, another huge price increase for the altcoin in November 2021 didn’t have the same effect on average GPU price as more stock had been made available to try to meet demand at that later time. With the ETH price still falling and stock availability improving (likely a combination of greater supply from manufacturers with lower take up from crypto miners) the average price has taken a small but significant tumble.

However, there is still a long way to go before graphics cards come anywhere close to list price: 177% and 167% mark-ups on MSRP are extortionate. Browsing through the retailers that 3DCenter uses to compile its charts, it can be seen that the RX 6900 XT commands anywhere from €1,499 to €2,000 (US$1,696-US$2,262; list price: US$999) and the GeForce RTX 3090 goes from €2,399 to €3,489 (US$2,714-US$3,947; list price: US$1,499). With new releases coming from both Team Green and Team Red, there is some hope that GPU prices will continue to drop.

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Retail price trend for RTX 30 and Radeon RX 6000. (Image source: 3DCenter)
Retail price trend for RTX 30 and Radeon RX 6000. (Image source: 3DCenter)

Source(s)

3DCenter (in German) via VideoCardz

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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2022 01 > GeForce RTX 30 and Radeon RX 6000 average prices fall as Ethereum price weakens and GPU availability improves
Daniel R Deakin, 2022-01-24 (Update: 2022-01-24)