Since the pandemic started in 2020, the graphics card market has not had the best of time: with component shortages already straining availability of GPUs soon after launching, to top it all off they were all getting bought by scalpers and crypto miners. But after a recent crypto crash has flooded the market with second-hand cards suddenly, is now a good time to get one?
Setting aside the fact that next-gen graphics cards like the RTX 40 series and RX 7000 series are due out later this year, you’d be forgiven for thinking that now is the best time to buy an RTX 30 series or RX 6000 series GPU. Not only have graphics card prices reduced close to MSRP in Europe now, but the recent crypto crash has caused lots of miners to frantically sell all their stock to recoup costs.
But that comes with a problem: a lot of second-hand cards have been used for mining, which still function normally but with reduced performance and even some dead memory chips (and hard to tell apart from regular GPUs sometimes). If now really is a good time to buy that card you’ve been eyeing for the past 2 years, then you’d hope it is at least offered for a really cheap deal.
But there’s also another reason you might not want to buy a second-hand graphics card from a crypto miner: because you are letting them recoup their costs, and since they were one of the major reasons for the GPU shortage over the past 2 years anyway, would you really want to help them out even more?
So what do you think? Should you buy a second-hand GPU after the recent crypto crash? Why or why not? How much would you be willing to pay for one that has reduced performance? And is it still better to just wait until the next-gen GPUs come out later this year? Let’s debate!