When it comes to gaming PCs, the most significant single piece of tech you need to upgrade is your graphics card. But the question is why are graphic cards so expensive? This chip helps render all the pretty 3D graphics you see on screen.
In most games, it’s what determines how smoothly the action moves can work out, how many frames per second your PC can manage, and how much VRAM you need to run games at their highest settings. But that is not the only use of graphic cards.
Recently you would have heard about cryptocurrency. Graphic cards play a vital role in crypto mining as well. In fact, due to the sudden boost in cryptocurrency, the demand for GPUs has increased immensely as everyone is looking for the best GPUs for mining at the moment.
There are multiple uses of graphic cards, and you will mostly need them on laptops for graphic designing, gaming, mining, etc. But the problem is that these cards are expensive—more so than ever before—and with each new generation of GPUs from Nvidia and AMD, the prices only climb higher.
In this guide, we will try and explain why are graphic cards so expensive and why are they getting more expensive day by day. Furthermore, we will discuss the pricing of the graphic cards and the details of different graphic cards that you can get from the market. Therefore, without further ado, let’s get started.
Why Are Graphics Cards So Expensive?
Graphics cards for PCs and Macs have come a long way at a price over recent years. With specific models, a GPU, once worth thousands, can now be yours for less than $100. But that’s not true of all graphics chips. You can get a variety of GPUs in the market all having a different price tag depending on the features they offer.
We took a look at some of the highest-rated graphics card deals from late 2020 and early 2021 and found that many of these cheap GPUs are older models. Most are without support for modern features like FreeSync or HDMI 2.0 ports for 4K video output. Those newer features require more powerful GPUs, which is why current deals aren’t as good as they used to be… if you buy them directly from Amazon, at least.
Buying used parts online helps you get cheaper computer parts. There’s no better time to find discounts if you’re into PC gaming than right after Black Friday and Cyber Monday. However, you usually get only one year of warranty coverage by buying a new part. Meanwhile, buying refurbished doubles that warranty coverage up to two years (for desktops) or three years (for laptops).
Refurbished means it was returned because it wasn’t working correctly. Everything is typically tested before being shipped out again with an extended warranty (three months for desktops/laptops; six months for tablets). You’ll have fewer fancy perks like free games or gift cards. It’s almost always much cheaper.
Why Is The GTX 980 So Expensive?
The Nvidia GTX 980 may be the most powerful graphics card on the market right now, but it is also the most expensive. This has caused many people to wonder why the GTX 980 costs so much and whether or not they should buy one at that price point. Here’s why the GTX 980 costs so much and why you should consider purchasing one anyway.
The best graphics card is expensive; that’s a given. The price of Nvidia’s latest flagship card, the GeForce GTX 980, has taken many aback because it costs $550 or £450. (Just over AU$900.) But we don’t think it’s overpriced at all—in fact, we think it’s worth every penny.
Still, there are cheaper cards with comparable performance, and for some people, those might make more sense as an option. It depends on what you plan to do with your computer. You don’t need a top-of-the-line GTX 980 (or AMD equivalent) GPU. But if you don’t plan on spending money on any other components in your rig, then why not get as much power as possible?
Why GTX 1080 Is Overpriced?
Yes, Nvidia has been guilty of cranking up prices thanks to crypto miners gobbling up supply. The real reason people believe that Gtx 1080 is overpriced comes from something most gamers never bother to pay attention to. It is a short amount of supply of graphic cards in the market.
The price for the GTX 1080 is high because they are highly in demand by both gamers and crypto miners. But their production rate is relatively low, which means that there are only limited products available in the market, causing the rise in their pricing.
Even though Pascal graphics cards have come down in price quite a bit over time, they’re still quite pricey compared to their predecessors. And while we may be getting more performance per dollar now, it’s still not as good as it should be. At least that’s what you would think if you went solely by my conversations with friends and family (which I do).
Is Getting Used Graphic Cards a Good Option?
Overpriced graphics cards are a thing that many people suffer from. Some graphic cards like the RTX 3070 used, in particular, are highly economical since it is three years old by now. Superior models with newer technology have even superseded it.
However, these graphics cards represent an outstanding value for money. They have almost all been bought out and upgraded to new models, which means that most people looking to buy or sell them on sites like eBay or Craigslist. You should be able to get a real bargain on them because there aren’t too many available for sale or trade anymore!
Many people find themselves stuck with an older card and may even want to dump their old one when they buy a new one. This should mean you will be able to make huge savings as long as you plan and check out whether some great deals are waiting for you before buying your latest model.
Are GPUs still Expensive in 2022?
When you hear the word technology, the first thing that comes to mind is likely the year 2022 and the bevy of new gadgets and devices that have come out since then. While many of these are only now becoming affordable to the average consumer. Some remain prohibitively expensive, including graphics cards.
We now know why are graphic cards expensive but are they going to stay that way? Yes, GPUs are still overpriced in 2022 and will continue to be in 2023 and beyond as well. Still too expensive for most people. It is estimated that about 2% of all computer users own a GPU, leaving 98% without one. And the question is, why are graphics cards getting more expensive?
Well, if your goal is to reach mass-market appeal, pricing must reflect that. The cryptocurrency boom makes itself felt by inflating prices further. Between 2017 and 2022, Bitcoin rose from ~US$1,000 to ~US$40,000 as it went from a niche hobbyist endeavor to a mainstream phenomenon.
During this time, mining difficulty also exploded, which meant miners were making far more money than they would have been otherwise (all other things being equal). This contributed significantly to an overall devaluation of graphics cards.
Are PC prices going down in 2022?
The concept of the PC has been around since the 1960s. But it wasn’t until IBM released its first consumer-friendly computer in 1981 that people started to take notice of this new form of technology.
Since then, computers have become an essential part of our daily lives, with many of us carrying powerful devices in our pockets and having access to more computing power than what would have filled entire rooms a few decades ago. But are these gadgets getting any cheaper? And will they get cheaper in 2022?
It’s likely that as our demand for computers increases, so will their cost. We may hit a plateau where prices stop decreasing, but that’s about it. There’s been a general downward trend since 2001, and there aren’t any apparent signs of slowing down yet. So yes, PC prices are going to keep getting cheaper through 2022 at least.
Computer technology is advancing at an ever-increasing rate, and costs have been decreasing along with it because of mass production and improved efficiency in manufacturing processes, which should be able to continue well into at least 2025, if not beyond even then.
Computer Graphics Are Amazing These Days
With realistic-looking characters and computer-generated objects in movies, immersive video games, and advanced hardware models for sporting events and weather forecasting. We’re able to see things we’ve never seen before.
A decade ago, computer graphics looked like they were drawn on an Etch-A-Sketch. Today, they look real enough to fool our eyes. With Moore’s Law still in effect and GPUs becoming faster every year—thanks in part to competition from start-ups designing their chip architectures. There’s no doubt that graphics technology will only continue to improve over time.
But does that mean you have to sell a kidney to get a halfway decent GPU for your gaming PC? That seems unlikely, at least according to Nvidia founder Jensen Huang. During a keynote address at GTC Europe, he said that advances in high-performance computing (HPC) had led us to one major conclusion. By 2022, you’ll be able to buy an entire Turing graphics card (like Nvidia’s latest RTX 2080 Ti) for just $250.
How To Ship A Graphics Card?
If you are the one selling the graphic cards, it is essential to know the right way to ship them. They are expensive devices, but they are fragile as well. And no one wants to spend a fortune on something and get delivered with a broken piece instead.
You may be tempted to just shove your graphics card in a box and tape it up. But you’ll want to do a little more than that to make sure your graphics card arrives in perfect condition. If you don’t ship your graphics card correctly, it could get damaged during transit, and that would suck for everyone involved.
So, here’s how you can ship a graphics card safely: Follow these steps closely. The first thing you’ll need is a box (shipping boxes can be found at almost any local store). Before placing anything inside of it, be sure to remove all surface scratches on both sides of your box.
Do it by gently sanding it with fine-grit sandpaper or an electric sander. Then use a soft cloth to wipe away any remaining dust particles. Once your box is ready, line its interior with sufficient foam padding material.
Also, cut out small squares of foam padding material and place them around each side of your graphics card before packaging it. This will prevent it from shifting within the shipping box during transit. Next, pack everything neatly and securely before sealing it shut using either packing tape or clear tape.
Write Fragile! Do not drop! directly onto each side of your package before mailing it off to avoid potential damage from handling errors made along its route from you to its final destination.
In the article above we have seen why are graphic cards so expensive. With all of these factors taken into account, it’s clear that several things will influence graphics card prices in 2022. First, crypto-currency miners will buy up cheap graphics cards.
Then they use them to mine for Bitcoin and Ethereum. Driving up demand for GPUs (even though those applications might kill GPU mining altogether). With insufficient supply to meet that new demand, prices will skyrocket. And that could prove to be catastrophic for gamers who have their eye on a GTX 1080 or RX Vega 64 but won’t be able to afford one.
Suppose cryptocurrency mining becomes all-consuming and drives out every other application of graphics cards. In that case, there might not be enough supply left over to make gaming PCs viable – regardless of how much they cost. But even if gamers can get affordable graphics cards, they’ll need affordable CPUs as well.
Crypto-currency mining isn’t likely to go away anytime soon. If anything, we should expect more of it rather than less. As more people join into the fray and figure out how lucrative mining is. We could see demand drive up both GPU prices and power bills alike.