Video card prices are back to normal after they have grown enormously from cryptomonas mining

in cryptocurrency •  7 years ago 

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After a period of low availability and high prices on video cards, they are back in stock on the NVIDIA website and at retailers at standard sales prices, writes Engadget. The reason for market failure was due to bitcoin miners and other cryptomonas, who use them to generate digital coins faster than they can by using only processors.
The recent boom in the cryptomonas market has made video cards a great deal of search, and with that, the cost of purchasing such a device has increased.
Returning to stock is good news for video game enthusiasts who want to update their old video cards without paying an exorbitant amount of money. Prices start at $ 229 for the 1060 model of 3 GB and go up to about $ 700 for premium products like the 1080 TI Founders Edition.
However, chances are that cryptomonas miners will start to buy now, while video cards are less expensive - resulting in a new price increase

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Is depends on the characteristics of new cards and on the profitability of mining.
Also, prices fell down coz new generation is coming.