When Do GPU Prices Drop? The Definitive Guide

GPU Price Drop

If you’re into the gaming world, you know how dramatically GPU prices have been touching the skies since 2020. But thankfully, we’ve noticed a slight decrease in the GPU prices lately.

So, can we say that the GPU nightmare is going to be over? Are the prices going to come back down? If so, when do GPU prices drop? That we’ll find out today.

Feeling excited? Let’s roll in.

Reasons For The GPU Prices To Go Up

Reasons For The GPU Prices To Go Up

With the enormous demand for GPUs in the previous years with the pandemic combined, GPU prices have been dramatically increasing lately.

Not just that, another major reason for the price jump is also the shortage of silicon which is used in the manufacture of GPU chips. And oh, how could we forget the blast in the crypto mining trend?

crypto mining trend

All these reasons combined, have been making the GPU prices get worse. No doubt, with double to triple of the original prices, GPUs are getting out of reach of many.

To further make it all worse, we have the Ethereum prices going high which is also bringing an increase in the GPU prices.

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So, what does all that conclude? Aren’t the GPU prices going further high? Let’s find out.

Are GPU Prices Going Down? Or Coming Up?

Are GPU Prices Going Down? Or Coming Up

According to Business Insider, GPU prices are expected to increase due to the boost in Ethereum prices which is an essential component of Nvidia GPUs.

In fact, in the last few weeks, Ethereum prices have jumped by over 23%.

However, at the same time, we’ve experienced the prices of some GPUs coming down as well. For instance, Nvidia’s RTX 3080Ti and RTX 3090 have come down to 20-25% over MSRP.

But considering the Ethereum pricing going up, we’re not really sure whether the GPU prices will keep coming down or go up.

Also, the demand for GPU for crypto mining is also increasing over time and it becomes hard to decide whether the manufacturers will be able to develop enough GPU units or not.

gpu power limit

Want to have detailed information regarding how impactful the GPU power limit is? Read our definitive guide on the Importance of GPU Power Limit: Understanding the Graphics Processing Unit for that.

That said, here’s a supportive table showing the increasing prices of GPUs.

Nvidia And AMD GPU Prices (March 2021):

Below is the price table of various Nvidia and AMD GPUs. It shows you clearly how much GPU prices have increased.

Item Retail price Street price (Dec 2020) Street price (Mar 2021) Current value
Nvidia RTX 3090 $1,499 $2,076 $2,985 1.99x
Nvidia RTX 3080 $699 $1,227 $2,160 3.09x
Nvidia RTX 3070 $499 $819 $1,239 2.48x
Nvidia RTX 3060 Ti $399 $675 $1,226 3.07x
Nvidia RTX 3060 $329 N/A $828 2.5x
AMD RX 6900 XT $999 N/A $1,841 1.84x
AMD RX 6800 XT $649 $1,232 $1,555 2.4x
AMD RX 6800 $579 $841 $1,331 2.3x
AMD RX 6700 XT $479 N/A $1,169 2.4x

Note: The prices may vary depending upon the release date, demand, and component shortages of the time.

Is GPU Shortage Over?

gpu shortage over

Although you might have to pay double the original price or even triple, the GPU shortage is nearly over. Finally, there is enough variety of GPUs on the market to purchase.

However, it could be hard to avail various units of the same model.

To eliminate the GPU shortage completely, all the major manufacturers are busy designing the next-generation GPUs, particularly including Nvidia, AMD, and Intel. While Intel is expected to launch its Arc Alchemist GPUs in early 2022, yet we don’t know when Nvidia and AMD will be launching their next GPUs.

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What Are the Best Graphics Card To Buy Right Now?

After detailed research and analyzing the market, we’ve come to state that below are the best graphics cards you can purchase at the moment:

For Mining

Below are the best graphics cards you can purchase for mining:

GPU Avg. eBay Price (Sept 2021) Mining Performance Mining Power Daily Profit Days to Break Even
GeForce GTX 1060 6GB $293 25 90 $1.77 166
Radeon RX 570 8GB $353 29.8 130 $2.05 172
GeForce GTX 1080 $450 36.1 138 $2.54 177
GeForce GTX 1070 $369 29.2 114 $2.05 180
Radeon RX 590 $394 30.8 138 $2.11 186
Radeon RX 580 8GB $400 30.3 135 $2.08 192
GeForce GTX 1070 Ti $420 31.2 124 $2.18 193
Radeon RX 5600 XT $555 39.6 115 $2.87 193
Radeon RX 5700 $744 52.3 133 $3.83 194
GeForce RTX 3060 $707 48.6 118 $3.58 198
GeForce GTX 1080 Ti $620 44.7 187 $3.10 200
GeForce RTX 3060 Ti $916 60.6 116 $4.53 202
GeForce RTX 2060 Super $642 43.7 129 $3.16 203
GeForce GTX 1660 Ti $459 29.7 73 $2.18 210
GeForce GTX 1660 $386 25.3 70 $1.84 210
GeForce GTX 1660 Super $472 30.2 75 $2.22 213
Radeon RX 5700 XT $847 53.8 125 $3.97 213
Radeon RX 5500 XT 8GB $407 26.3 81 $1.89 215
GeForce RTX 2060 $513 33 105 $2.37 217
GeForce RTX 2070 Super $709 43.9 128 $3.18 223
GeForce RTX 2070 $707 43.8 130 $3.17 223
Radeon RX Vega 64 $701 45.5 234 $3.05 230
GeForce RTX 2080 $759 43.8 119 $3.19 238
GeForce RTX 2080 Ti $1,039 60.1 180 $4.34 239
Radeon RX 6700 XT $825 47.1 120 $3.45 239
GeForce RTX 3080 $1,666 94 220 $6.94 240
Radeon RX 6600 XT $593 32.3 75 $2.39 249
Radeon RX Vega 56 $691 40.2 174 $2.77 249
Radeon VII $1,585 85.6 231 $6.24 254
Radeon RX 6800 $1,232 64.5 166 $4.72 261
GeForce RTX 3070 $1,204 61.3 123 $4.57 263
GeForce RTX 2080 Super $839 43.9 124 $3.19 263
Radeon RX 6800 XT $1,280 64.6 186 $4.68 273
GeForce RTX 3060 LHR $707 34 110 $2.44 290
GeForce RTX 3060 Ti LHR $916 42.4 114 $3.09 296
GeForce RTX 3090 $2,620 115 285 $8.45 310
GeForce RTX 3070 Ti LHR $1,167 51 155 $3.68 317
GeForce RTX 3080 Ti LHR $1,880 77 220 $5.59 336
Radeon RX 6900 XT $1,620 64.6 183 $4.69 345
GeForce RTX 3080 LHR $1,666 65.8 215 $4.71 354
GeForce RTX 3070 LHR $1,204 42.9 120 $3.12 386

Note: The prices may vary depending upon the release date, demand, and component shortages of the time.

For Gaming

Below are the best graphics card you can purchase for gaming:

GPU Performance Rank Value Rank (fps/$)
Nvidia GeForce RTX 3090 1 (152.7 fps) 13 ($1,499)
AMD Radeon RX 6900 XT 2 (148.1fps) 12 ($999)
AMD Radeon RX 6800 XT 3 (142.8 fps) 10 ($649)
Nvidia GeForce RTX 3080 4 (142.1 fps) 11 ($699)
AMD Radeon RX 6800 5 (127.3 fps) 9 ($579)
Nvidia GeForce RTX 3070 6 (116.6 fps) 7 ($499)
AMD Radeon RX 6700 XT 7 (112.0 fps) 6 ($479)
Nvidia GeForce RTX 3060 Ti 8 (106.3 fps) 2 ($399)
AMD Radeon RX 6600 XT 9 (88.2 fps) 8 ($379)
Nvidia GeForce RTX 3060 12GB 10 (83.6 fps) 4 ($329)
Nvidia GeForce GTX 1660 Super 11 (57.9 fps) 5 ($229)
Nvidia GeForce GTX 1650 Super 12 (43.5 fps) 1 ($159)
AMD Radeon RX 5500 XT 4GB 13 (43.3) 3 ($169)

Note: The prices may vary depending upon the release date, demand, and component shortages of the time.

Are you unable to find out what sets GPU memory clock and core clock apart? Read our definitive guide on the difference between GPU memory clock and core clock of a GPU

Final Verdict

The case with GPU pricing is quite exhausting and confusing. There’s a ton of issues like the increase in the prices of Ethernum, higher demand of GPUs for mining, pandemic, and of course, shortage of silicon.

With this kind of issues at hand, can we expect the GPU prices to drop? Well, maybe.

If the manufacturers manage to fulfill the demand for GPUs, the prices will likely come down a little. Otherwise, what can we say?

So, should you purchase a GPU right away or wait for the GPU prices to drop?

Well, since the GPU prices are very unstable at the moment and we cannot clearly predict what is going to happen, this seems to be a good time to purchase your GPU.

Until next time, cheers!

FAQs On When Do GPU Prices Drop

Here I answer the most frequent queries regarding the GPU prices: whether they’ll come down or not:

Will GPU Prices Drop In 2022?

The major reason for the increase in GPU prices is the silicon shortage. Nvidia CEO has announced that he expected that the chip shortage will remain throughout 2022 and so will the prices keep touching the sky. If you’re waiting for the prices to drop to purchase a GPU, don’t. Instead, consider purchasing as soon as you get a good price.

Do GPU Prices Go Down?

The GPU prices have been coming down lately. The Nvidia cards that were selling at over 300% above the MSRP, have now come to 150%. But since the silicon and chip shortage remains, we are not sure if the prices will keep coming down.

Why Is GPU So Expensive?

There are many reasons for the GPUs to be expensive at the moment. The silicon shortage, the increase in the pricing of Ethernium, and the increasing demand for GPUs for crypto mining are the major ones.

Is A 1080 TI Still Good?

Although GTX 1080 Ti has become outdated according to the standards, it remains to be an amazing option for gaming, live streaming, and various other GPU workloads like video rendering and 3D animations. Furthermore, people also use it for crypto mining.

Why Is GPU Stock So Low?

The reason for the GPU stock to be surprisingly low is mainly due to the increasing demand for GPUs for crypto mining. The trend has been going up and up and the demand for GPUs is skyrocketing. Furthermore, the silicon shortage is another major cause of the shortage of GPUs on the market.