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Nvidia Game Card Prices Fall Along With Crypto Mining Demand

  • Prices have tumbled as much as 50% on secondhand markets
  • Ethereum to change approach to mining, further eroding demand
Updated on

The turmoil in the cryptocurrency industry has ravaged portfolios and left large and small investors struggling to adapt. It’s also taken a toll on a corner of the tech world that once benefited from crypto’s rise: Nvidia Corp. graphics cards. 

Long popular with computer gaming nerds, these cards enjoyed a second life during the crypto boom as an essential component of the systems that generate digital coins. Even as Nvidia tried to limit its exposure to the industry, the crypto rally had helped send prices of the company’s products soaring on secondary markets like EBay.