[Obi_Juan_Kenobi]

It's just starting to kick in.

Most miners stuck it out to the bitter end. Hashrate was only down around 20% from the peak at the switch to PoS. Then it takes a few days to take apart the rigs and get them ready for listing. And that's only for the ones that aren't trying to mine something else, or simply are in denial.

But the main counterpoint to the GPU supply increase is the pent up demand from two years of usurious GPU pricing. A lot of people are ready to finally upgrade as soon as prices are reasonable.

Expect the market to soften - and it is, 3060ti prices are down like $40 over a couple days on eBay - but I also wouldn't expect bargain prices.