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China’s used GPU market is flooded with RTX 3060 to RTX 3080 below MSRP

Germany is not the only place where the prices of the best graphics cards are plummeting, as China’s breakdown of cryptocurrencies has flooded the market with used GPUs. This not only helps the return of MSRP after long-term inventory, as HKEPC reports that the large amount of cards displayed at used dealers has resulted in some dipping even lower than the recommended list price.

Ex-cryptocurrencies sell everything from the latest RTX 3090 to older GPUs from the AMD Radeon RX 400 series and Nvidia GeForce GTX 10 series, but the catch is that they are mainly listed in bulk. This means that if you are not lucky enough to find an elusive individual graphics card for sale, you will only be able to get a new GPU if you are willing to pay the price for hundreds at a time, and put a damper on the potential coup yourself if you live in China.

A seller lists 1

00 Nvidia RTX 3070s at a price of 2600 RMB, which is equivalent to US $ 400 and lower than the $ 499 MSRP Nvidia set back in September last year. Meanwhile, other sellers are pushing RTX 3060 and RTX 3060 Ti cards in groups of 200, with prices of 1,900 RMB ($ 292) and 2,400 RMB ($ 369), respectively.

The first thing to consider when buying from the used market, however, is that it is incredibly difficult to tell what stress these graphics cards have experienced, and as mining GPUs it can be quite a lot. Remember that there is usually no guarantee when you buy from retailers.

And the second is that we can not confirm these entries, and there is one a lot of scammers who want to make money fast due to lack of graphics cards. Be careful where you buy from and always do your due diligence on the seller to ensure they are reliable.

While these GPUs do not necessarily mean cheaper graphics cards for everyone straight away, slimmer price tags anywhere in the world are a good sign of things to come. Card prices in the US are starting to fall a bit, and there are other hints that the problems may also be largely behind us.

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