CRYPTOCURRENCY MINING CAUSING GPU PRICE GOUGING, EVEN IN BUNDLES..
You think Bitcoin miners are hurting these days? Ask PC gamers how they’re feeling!
#BUYING IN BULK
PC gaming enthusiasts looking to purchase top-tier GPUs to power their 4K and high frame-rate gaming experiences are quickly finding their dollars don’t quite stretch as far as they once did. GPU prices have skyrocketed well above their manufacturer’s suggested retail price — and it’s all thanks to cryptocurrency mining.
Mining Bitcoin and other cryptocurrencies is an incredibly taxing process, with increasingly complex computations needed to successfully mine one single block of Bitcoin, the dominant cryptocurrency. Thus, miners have long been turning to top-of-the-line gaming GPUs to help them meet their needs.
To capitalize on the demand for increasingly scarce GPUs, however, vendors are selling GPUs in bundles – sold at a premium – and PC cases are being made to house upwards of 19 graphics cards.