GPU price inflation dips slightly as Ether downtrend continues

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With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July.
Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH).According to a review by TechSpot, GPU prices across popular graphics cards are slightly lower in July than they were in June.The lower prices in July are a continuation of the steady decline in GPU prices since the onset of the current crypto market downturn.Indeed, with ETH tanking from over $4,000 in May to below $2,000, mining profitability has also tapered significantly. According to data from BitInfoCharts, Ether mining profitability is down about 80% from its May 2021 highs.With Ether mining difficulty also down almost 8%, it appears GPU mining interest is also at a slower lower ebb. Overall, these factors could trigger decreased demand for already scarce graphic card hardware, to the benef

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Źródło: https://cointelegraph.com/news/gpu-price-inflation-dips-slightly-as-ether-downtrend-continues

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