Bitcoin price exceeds $50,000, mining cards turn around: RTX 3080 returns to 15,000 overnight

Remember the previous report? As Bitcoin plummeted in June and July, the market expected that graphics card prices would return to normal in August. However, reality is always so cruel. In August, the price of Bitcoin rose again and now returned to the $50,000 mark. The mining card market changed immediately, and the price of RTX 30 series graphics cards rose sharply overnight.
Beijing Business Daily quoted gamer Li Hua as saying, "I wanted to take advantage of the discount to rebuild my computer, but I found that I couldn't afford it anymore."
According to Li Hua, NVIDIA RTX30 series graphics cards were priced at a crazy premium from March to May 2021, and then gradually declined until they began to rise again in August.
Take the RTX 3060 graphics card as an example. The original price was 2,499 yuan. In a flagship store of a brand on JD.com, the highest price was 7,499 yuan. "After entering July, the price dropped significantly, the lowest price fell below 4,000 yuan, and now the price is 4,599 yuan."
The RTX 3060 is not the product with the most exaggerated price increase. "What's even more outrageous is that the RTX3080 graphics card that I'm interested in was originally priced at 5,499 yuan. On July 30, a store sold it for 9,599 yuan, and on July 31 it was directly listed at 14,599 yuan. The price increased by 52% in just one night. Is there any better investment product than a graphics card?" Li Hua said jokingly.
Despite the obvious price premium, graphics cards sold in various online shopping mall brand flagship stores are still out of stock for a long time, and the few items that are in stock are mostly limited to purchase 1 or 2 pieces.