If you can call it temporary. For the most part, consoles retain prices and are much more heavily discounted than PC 'parts' during sales. Their price hike isn't as stingy as PC parts.
Also, this mining craze has been going on for more than what I'd call a temporary phase. Count in other factors, SSDs, expensive monitors, RAM prices (which was featured in part 1 of this article) and its cloudy for PC Gaming.
Oh really? Because I seem to recall more than a handful of consoles that had periods where prices shot up. The Wii, Switch, PS1, PS2, Xbox 360, SNES, and the 3DS just to name a few.
"Also, this mining craze has been going on for more than what I'd call a temporary phase."
This mining craze hasn't affected the entire market until very recently, it was previously only AMD cards and heck if you were smart enough you could have had a Vega 56 for $380 during November. 1080 Tis were normal price until a week ago. Only paid $680 for the one in my brother's computer. So please, tell me another story.