Nvidia’s GTX 10 series is out in the market for a while and as seen in many retailer shops, the high-end graphics cards are mostly out of stock because of the bitcoin and other cryptocurrency miners, thus leading in skyrocketing of prices.

According to the reports and experts, digital currency miners are the reason behind shortage of GTX 10 series in the market as they grabbed any graphics card in their range for the mining setup, which is apparently the biggest reason why we have witnessed price hike.

According to a report by semiconductor analyst, Mizuho, the increase in prices is estimated to be around 25% in the past 6 months and previous record shows positive trend in the sale of motherboards and high-end graphics cards. Another factor contributing towards the increasing price is short supply of DRAM, which also affects GPU shipments.

As per the industry analyst Mizuho;

“Our checks with the leading GPU and motherboard OEMs indicate SepQ GPU card trends are very strong, with card shipments coming in ~30-50% ahead of flat q/q expectations on strength from cryptocurrency mining. Cryptocurrency demand is driving strength in NVDA’s GTX 1060/1070 cards. The GPU/motherboard OEMs also noted GPU pricing was up ~25% in the last six months”.

The Nvidia GTX 10 series graphics card are available at a much higher price and the analyst expect it to increase by the end of 2017, whereas the AMD Vega series appears to be out of stock. Unfortunately, this is not the right time for some hardware upgrade.

See alsoRUMOR: NVIDIA GeForce GTX 1070 Ti will arrive in October for $ 429

Every PC gamer who went through some seasonal upgrades in the recent past months has been a victim of these inflated prices and the prices are not coming down for the moment, atleast not before December of this year. Stay tuned for more updates!

Via: TweakTown