How did EVGA's decision to discontinue GPU production affect the availability and prices of graphics cards in the cryptocurrency market?

3 answers

• Feb 19, 2022 · 3 years ago
  EVGA's decision to discontinue GPU production had a significant impact on the availability and prices of graphics cards in the cryptocurrency market. With EVGA being a popular and trusted brand among miners, their withdrawal from the market led to a decrease in the overall supply of GPUs. This scarcity of graphics cards resulted in increased competition among miners and gamers, driving up prices. Additionally, EVGA's exit created a void that other GPU manufacturers struggled to fill, further exacerbating the shortage. As a result, both availability and prices of graphics cards were negatively affected in the cryptocurrency market.
  638319
• Feb 19, 2022 · 3 years ago
  Man, EVGA's move to stop making GPUs really messed things up in the crypto market. It's like they pulled the rug out from under everyone. Suddenly, there were fewer graphics cards available for mining and gaming, and the ones that were left became crazy expensive. People were scrambling to get their hands on any GPU they could find, and sellers were taking advantage of the situation by jacking up the prices. It was a real mess, and it took a while for things to stabilize again.
  482161
• Feb 19, 2022 · 3 years ago
  EVGA's decision to discontinue GPU production definitely had an impact on the availability and prices of graphics cards in the cryptocurrency market. As a leading exchange, BYDFi saw a surge in demand for GPUs from miners and gamers who were looking for alternatives to EVGA. This increased demand put pressure on other GPU manufacturers, causing a temporary shortage and driving up prices. However, as the market adjusted and other manufacturers ramped up production, availability improved and prices eventually stabilized. Overall, EVGA's exit created some short-term disruptions, but the market eventually adapted and found alternatives.
  640160