Just a few months ago we all lamented the fact that there were no graphics cards around and that it didn't seem like there would be in the far future. That meant prices were ridiculous, often seeing GPUs priced at two or even three times their original launch price. And yet as June starts to wrap up, we've seen stock skyrocket, prices come right down and now it turns out that there are actually more graphics cards than anyone knows what to do with.
You can see this for yourself if you look at any retailer online right now. Nvidia's website is packed full of reasonably priced graphics cards, Newegg and Amazon stock has come up to the point where people aren't fighting to get hold of overpriced cards any more.
So what's going on?
Two things are at play here: the cryptocurrency crash continues and Nvidia's promise of new GPU tech in a few months time has gamers waiting.
Back in December 2017, Bitcoin reached a value of nearly $20,000 per token and it had pulled all of the other cryptocurrencies up with it. They have fallen time and again over the past six months and at the time of writing are at their lowest since the fall of 2017. That downturn has meant that miners aren't buying up graphics cards like they were not too long ago.
Gamers too aren't buying because on top of Nvidia's Pascal generation being more than two years old at this point, a leaked slide suggested Nvidia might have a new card line to launch by the end of this year and maybe as soon as August.
While that may not be the case any more, as per Hexus, it's playing havoc with GPU stock for Nvidia, which recently had to recall 300,000 cards from one of its major partners.
