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More nuanced TLDR from the actual article:

> We can see a correlation between GPU prices and the value of crypto currencies, but correlation does not mean causation. A causation is plausible in this case.

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Indeed. A quick search shows chip supply side issues are a big factor. Increased demand, reduced supply.

https://www.pcgamer.com/why-you-still-cant-buy-a-graphics-ca...

.

This would show up in the CPUs. But their prices are stable.

For me, that indicates that it's not a "general chip shortage" issue (i.e. not "ASICs are making the chip shortage worse" either), at which point https://news.ycombinator.com/item?id=29766829 makes it hard to see the correlation as caused by cryptocurrencies.

Read the article. The author corrected for the overall market trends using linear regression.

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