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Nvidia GeForce RTX 3060 graphics cards are suddenly cheaper — but there's a catch

Nvidia GeForce RTX 3060 graphics cards are all of a sudden cheaper — but there's a catch

Nvidia GeForce RTX 3060
(Prototype credit: Onliner)

UPDATE: Looking to buy an Nvidia GPU? Reading this in January 2022? Today'southward Newegg Shuffle offers the chance to purchase everything from an Nvidia RTX 3060 through to RTX 3090 . Simply hurry — information technology's taking place on January 19 and you need to register soon.

An unlikely source of inexpensive Nvidia GeForce RTX 3060 graphics cards has emerged: the Cathay-based cryptocurrency miners that bought upwardly so much of the precious GPU stock in the offset place.

Equally reported by The Block, an ongoing crackdown against mining farms by the Chinese government has left erstwhile majority-buyers looking to sell their masses of graphics cards. The GeForce RTX 3060, in particular, is listed on secondhand site Xianyu for equally little as 1,760 yuan: about $270.

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Similar listings have been popping up for weeks, but just recently have prices dropped this close to the carte du jour'south original MSRP. Information technology seems that so many mining operations are shutting up shop that the GPUs' current owners are competing with each other on the secondhand market, forcing prices down.

Since supply shortages have kept current-gen GPU prices high, an issue compounded by intense demand from crypto miners themselves, this could mean big losses for anyone who didn't already recoup their expenditure though mining. Possibly let'southward all just take a moment to appreciate that irony.

Sadly, other than some light schadenfreude, this isn't the expert news for hopeful PC owners that information technology might seem. Even if you lot've been having trouble finding where to buy the GeForce RTX 3060 and wouldn't mind importing, a lot of these listings are for bulk purchases as opposed to individual cards. In-person collection is also a common requirement: one ad, co-ordinate to The Block, demands that buyers selection up their cards "at ability station along the Yarlung Tsangpo river."

There'southward too the matter of whether you'd even truly want a retired crypto mining menu every bit your everyday gaming GPU. A few hours of Cyberpunk 2077 is one thing, simply these cards will have been running non-stop, at maximum capacity, for weeks or months on terminate. Future hardware failures are therefore a lot more likely than if you bought a used graphics card from a beau PC gamer.

That'due south not to say that falling involvement in cryptocurrency mining won't have a positive event on GeForce RTX 3060 stock levels, including close to home. You may just accept to keep being patient, until you lot can accept a improve take a chance at catching a restock.

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James is currently Hardware Editor at Stone Paper Shotgun, but before that was Audio Editor at Tom'southward Guide, where he covered headphones, speakers, soundbars and anything else that intentionally makes noise. A PC enthusiast, he as well wrote computing and gaming news for TG, usually relating to how hard information technology is to observe graphics carte stock.

Source: https://www.tomsguide.com/news/nvidia-geforce-rtx-3060-graphics-cards-are-suddenly-cheaper-but-theres-a-catch

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