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I think a big reason crypto exploded is tied into prices of graphics cards. Anyone else think so? Miners use them to generate coins, and there was a huge shortage of them. The cards released in 2020 were mining monsters, it makes sense that miners scooped them up. The limited supply left for consumers drove up prices 200-300% above MSRP. The graphics card price inflation nearly mirrored crypto.

Now the cards are coming back down in price because in part, China shutting down miners. Now there's a huge used card supply, and sales have hit a dead end. This drives the price of cards down, along with the fact next Gen cards are half a year away. Prices have to come back down to earth and lo and behold crypto follows right along.

Also curious that Blackrock and Vanguard have controlling shares in both AMD and Nvidia. Shows that they heavily manipulate the markets.

I think a big reason crypto exploded is tied into prices of graphics cards. Anyone else think so? Miners use them to generate coins, and there was a huge shortage of them. The cards released in 2020 were mining monsters, it makes sense that miners scooped them up. The limited supply left for consumers drove up prices 200-300% above MSRP. The graphics card price inflation nearly mirrored crypto. Now the cards are coming back down in price because in part, China shutting down miners. Now there's a huge used card supply, and sales have hit a dead end. This drives the price of cards down, along with the fact next Gen cards are half a year away. Prices have to come back down to earth and lo and behold crypto follows right along. Also curious that Blackrock and Vanguard have controlling shares in both AMD and Nvidia. Shows that they heavily manipulate the markets.

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[–] • -1 pt

Dude, did you not read anything? They were shipping 2-3 cards PER MONTH to major retailers. How do you figure that means that crypto miners were buying up all the cards? Crypto miners have to buy them from retailers like anyone else. They don't get to buy them before they hit stores or some shit.

If major retailers were getting 2-3 cards PER MONTH instead of 500-1000, that's a paper launch not a shortage due to mining.

[–] • 0 pt

AIOs were delivering pallets of cards to miners.

[–] • -1 pt

Lolno

AIOs barely had any cards themselves. I use gaming machines at my work and their stock was basically nil, no better than the retailers. They were getting maybe 20 cards per month per vendor.

[–] • 0 pt

Dude Nvidia and AMD don't make cards, companies like GB or Asus or MSI make them. There wasn't any shortage, the used market has proved that. It's artificial scarcity.