Video cards in Russia have skyrocketed in price. A regular Radeon now costs almost 200 thousand rubles.

In Russia, prices for video cards for desktop computers rose sharply. According to the DNS retail network, in some cases the price of consumer level video cards reaches 200 thousand rubles.

CNews editorial office found out that some graphics cards are indeed sold with a significant markup compared to prices in foreign stores. For example, an MSI AMD Radeon RX 6900XT at the time of publication of the article was priced at 175.6 thousand roubles, while in the American Best Buy it was equal to $1000 (74 thousand roubles at the Central Bank exchange rate of February 15, 2021).

The price increase on the Russian market affected not only the top models of video cards, but also gas pedals of entry-level and mid-level. To give you an example, a Gigabyte GeForce GTX 1660 SUPER OC Edition card at the same Citilink is priced at 44,000 rbl. and at Best Buy - at $240 or 17,700 rbl.

It is highly probable that this situation has nothing to do with the fluctuations of the Russian currency. Compared to November 16, 2020 the ruble has gone up in price, although not very much.

 

The Cryptocurrency Is To Blame.

 

The main reason for the spike in video card prices and more than 100% difference in price by the example of MSI Radeon RX 6900XT may be a new round of popularity of cryptocurrencies, especially bitcoin, dictated by their rapid appreciation. December 1, 2020, as reported by CNews, it was worth $ 19.906 thousand, and at that time the figure was the absolute world record.February 9, 2021, after a little over two months, bitcoin was already in the $ 47 thousand, and at its peak price reached $ 47.9 thousand, corresponding to more than two-fold increase in value. On February 14, 2021, according to CoinDesk, the world's main cryptocurrency set another world record, rising to nearly $49.6.

Other popular cryptocurrencies, including Ethereum, are rising against bitcoin. For example, on November 18, 2020, this virtual token was valued at $481, but at the time of publication its price was at around 1740 thousand, that is, "ether" has risen in price by more than 3.6 times.

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