When will gpu prices return to normal.

[80-watt Hamster]

As the market slowly drifts in the general direction of sanity, we still have stuff like this:

Less than half the performance. Half the VRAM. The mind, it boggles. Some AMD fans may have a bit of a persecution complex, but it's sometimes not hard to understand why.

Full disclosure: You can get a 1650 for around USD200 (or less with rebate) as of this post at Micro Center (where that snip came from), but the economics don't work out even then.

 

[Blaeza]

If I could get a rx6600 for £300, I'd have one by now.

 

[oxrufiioxo]

As the market slowly drifts in the general direction of sanity, we still have stuff like this:

View attachment 250436

View attachment 250435

Less than half the performance. Half the VRAM. The mind, it boggles. Some AMD fans may have a bit of a persecution complex, but it's sometimes not hard to understand why.

Full disclosure: You can get a 1650 for around USD200 (or less with rebate) as of this post at Micro Center (where that snip came from), but the economics don't work out even then.

Nvidia just has more mind share... A buddy of mine almost grabbed a RTX 3050 for $329 over a 6600XT for like 20 bucks more.

 

[80251]

As to the point of scalping being a business model...it isn't. It's only a financial option with large amounts of capital and severe market imbalance. That said, all markets adjust. I don't see current GPU prices going down until there's a glut of some component...and AMD/Nvidia decide to try and steal market share from one another. Thing is, they've both realized that's bad for profitability. As long as they maintain rough costing bands at MSRP, they have a license to print money. Making it better for consumers, by competing, is unlikely to ever be half as profitable as the status quo. That said, it's not like the ARC GPUs are going to disrupt this....sigh....

Scalping has their own software and their own websites allowing the rental of their software bots as a SERVICE. If that's not a business model what is?

 

[80-watt Hamster]

If I could get a rx6600 for £300, I'd have one by now.

Should 6600s get down to USD250, it'll be reeeal tempting to sell my 3050 to snag one. Assuming people are still paying too much for used Nvidia cards at that point.

 

[Jetster]

Prices are almost back to normal less the inflation. But there are still crazy prices all over the net. So, you have to really look at what you're buying

XFX Speedster SWFT 210 Radeon RX 6600 CORE Gaming Graphics Card with 8GB GDDR6 HDMI 3xDP, AMD RDNA 2 RX-66XL8LFDQ : Electronics (amazon.com)

Amazon.com: ASUS TUF Gaming NVIDIA GeForce GTX 1650 OC Edition Graphics Card (PCIe 3.0, 4GB GDDR6 Memory, HDMI, DisplayPort, DVI-D, 1x 6-pin Power Connector, IP5X Dust Resistance, Space-Grade Lubricant) : Everything Else

 

[tussinman]

As the market slowly drifts in the general direction of sanity, we still have stuff like this:

View attachment 250436

View attachment 250435

Less than half the performance. Half the VRAM. The mind, it boggles. Some AMD fans may have a bit of a persecution complex, but it's sometimes not hard to understand why.

Full disclosure: You can get a 1650 for around USD200 (or less with rebate) as of this post at Micro Center (where that snip came from), but the economics don't work out even then.

Yeah nvidia still has a couple tiers that are still way overpriced. My local microcenter still has the cheapest rtx 3050 at $329 with most of them being $350 or higher.

That's a joke, it's like 8% faster than a 2016 era GTX 1070. No amount of fanboyism would make me pay those prices

Should 6600s get down to USD250, it'll be reeeal tempting to sell my 3050 to snag one. Assuming people are still paying too much for used Nvidia cards at that point.

Saw it for the very first time ever yesterday. They had a complete open box 6600 model for $240.

Really good deal, RTX 2070/3060 level performance for sub $250 is no joke.

Nvidia just has more mind share... A buddy of mine almost grabbed a RTX 3050 for $329 over a 6600XT for like 20 bucks more.

Funny you mentioned that, 2 weeks ago I had a former co-worker (who has been rocking an old GTX 1060 throughout covid) text me and the text literally said word for word "at microcenter now, RTX 3060 for $480 or 6700XT for $500 ?".

I almost spit out my drink when I read it

 

[Lei]

Prices are almost back to normal less the inflation.

Two year old product.... at msrp is not normal

Funny you mentioned that, 2 weeks ago I had a former co-worker (who has been rocking an old GTX 1060 throughout covid) text me and the text literally said word for word "at microcenter now, RTX 3060 for $480 or 6700XT for $500 ?".

I almost spit out my drink when I read it

I can get a second hand 3090 around 1060 bucks. And mined are 900$

 

[R-T-B]

As the market slowly drifts in the general direction of sanity, we still have stuff like this:

View attachment 250436

View attachment 250435

Less than half the performance. Half the VRAM. The mind, it boggles. Some AMD fans may have a bit of a persecution complex, but it's sometimes not hard to understand why.

Full disclosure: You can get a 1650 for around USD200 (or less with rebate) as of this post at Micro Center (where that snip came from), but the economics don't work out even then.

It's because both the 1060 and 1650 were incredibly popular in esports. People are buying them without even knowing why anymore.

Two year old product.... at msrp is not normal

Considering inflation it pretty much is.

 

[BSim500]

Yeah nvidia still has a couple tiers that are still way overpriced. My local microcenter still has the cheapest rtx 3050 at $329 with most of them being $350 or higher.

That's a joke, it's like 8% faster than a 2016 era GTX 1070. No amount of fanboyism would make me pay those prices

I was in the market for a lower end card recently (mostly older AAA's & Indie's, so 6GB VRAM enough). RTX 3050's are like £290-£350 in the UK. Ended up buying a used (non-mining) GTX 1660 Super from a friend for £149. Between nVidia's "what does 'budget' mean?" vs AMD's 64-bit x8 bus crippled offerings, I desperately miss the old days when we had several players in the market and "our one and only competitor isn't trying so neither will we" wasn't a thing.

 

[Lei]

I was in the market for a lower end card recently (mostly older AAA's & Indie's, so 6GB VRAM enough). RTX 3050's are like £290-£350 in the UK. Ended up buying a used (non-mining) GTX 1660 Super from a friend for £149. Between nVidia's "what does 'budget' mean?" vs AMD's 64-bit x8 bus crippled offerings, I desperately miss the old days when we had several players in the market and "our one and only competitor isn't trying so neither will we" wasn't a thing.

I got a 1070 when my 670 died last August. But I refunded the next day and ordered 1070 from the same seller. 1070 is the oldest first model with 8gb vram.

Ok, I understand it was ur friend

 

[ARF]

Prices going down:

AMD Radeon RX 6800 XT Grafikkarte Preisvergleich | Günstig bei idealo kaufen

We've been watching GPU prices fall since the start of the year, but the past few weeks suggest things could get a lot worse — for the graphics card manufacturers and GPU vendors, that is — in the near future.

GPU prices dropped 15% in May, and we've seen similar 10–15% drops each month for the past several months. We saw the best graphics cards come back into stock (at retail) as GPU mining profitability has plummeted — and that was before Bitcoin and Ethereum crashed again, dropping Bitcoin from around $30,000 to the low $20,000s and Ethereum from around $1,900 to about $1,100. In the past week, Bitcoin's value dropped over 30%, while Ethereum plunged by more than 40%.

Below MSRP and Only Getting Cheaper: The GPU Deluge Begins | Tom's Hardware (tomshardware.com)

 

[Spaceman Spiff]

It's a nice trend, but prices are still too high. The "MSRP"s were already too high. I hope it crashes through the floor. The margins they have been raking in off of these cards is absurd.

 

[Lei]

Some say when Ethereum is gone, miners can choose other coins and then convert it to ether....
I mean if Ethereum profitability is going down and miners are selling their GPU, couldn't they just mine Monero and convert it to bitcoin or ether

is this really the end of mining?

@R-T-B @Valantar @Vayra86

 

[Valantar]

Some say when Ethereum is gone, miners can choose other coins and then convert it to ether....
I mean if Ethereum profitability is going down and miners are selling their GPU, couldn't they just mine Monero and convert it to bitcoin or ether View attachment 251262
is this really the end of mining?

@R-T-B @Valantar @Vayra86

They absolutely could. The only thing stopping this is the willingness of people holding Ethereum or Bitcoin to exchange it for these other coins, plus possibly various technicalities in the rules of exchanges or the workings of various coins - but that tends to be more of a "this gets a bit complicated" type of problem rather than a "this isn't happening" problem. And, of course, simplifying these processes is exactly what coin exchanges exist to do. So, yes, they absolutely could. Once again this all just comes down to whether the people with money and assets are feeling confident enough to exchange those assets for potentially riskier/more volatile assets - i.e. this is all just a massive gambling ring. (Not that stock markets as they currently work are all that different from this, mind you.) But as in all economic downturns, a lot of people lose confidence in these things and thus won't buy or sell any more. And if the miners can't sell those altcoins, then they're worthless.

 

[mb194dc]

Re thread title it'll be soon... The massive caveat is that the economy will also probably be in pretty bad shape so still not easy for at lot of people to buy even with much lower prices.

More interesting is the price point the next gen launches at?

 

[ARF]

AMD's pricing for the Radeons makes no sense whatsoever.

AMD RX 6800 XT 16GB | NiceHash

NVIDIA RTX 3060 Ti | NiceHash

RTX 3060 Ti costs only 500 euros and is more profitable mining solution than the 795 euros RX 6800 XT.
KFA² GeForce RTX 3060 Ti ab 499,99 € | Preisvergleich bei idealo.de

 

[ppn]

AMD's pricing is related to NVidia's pricing, no longer to ETH and for the most recent events where ETH dropped 1600 to 1000 Euro in a week, you have to give it some time to have the desired effect. all GPU prices have to drop by 40%, as of now. But generally it's a cartel. AMD is a little cheaper. but NVidia doesn't seem to care. Well forget it you'll never be able to make sense of it.

 

[ARF]

AMD is a little cheaper.

No, it is not.

NVIDIA GeForce RTX 3080 Specs | TechPowerUp GPU Database

NVIDIA GeForce RTX 3080 Grafikkarte Preisvergleich | Günstig bei idealo kaufen

NVIDIA GeForce RTX 3080 Grafikkarte Preisvergleich | Günstig bei idealo kaufen

RTX 3080 is cheaper.

 

[64K]

It's going to take a little while longer for prices to drop to MSRP. From what I understand retailers buy at a set price from distributors to have stock on hand. They won't lower the price below what they previously paid for the stock if at all possible.

 

[ARF]

It's going to take a little while longer for prices to drop to MSRP. From what I understand retailers buy at a set price from distributors to have stock on hand. They won't lower the price below what they previously paid for the stock if at all possible.

I have heard this explanation all the time. But it shouldn't work like that. The retailers should transfer some percentage of the money got for the cards only after the purchase is executed, not before that, because it obviously doesn't take the current (at the time of the final purchase) market situation into account.

 

[64K]

I have heard this explanation all the time. But it shouldn't work like that. The retailers should transfer some percentage of the money got for the cards only after the purchase is executed, not before that, because it obviously doesn't take the current (at the time of the final purchase) market situation into account.

Even if it worked that way the end result would be the same. The distributors pay a set price to card manufacturers for stock so they won't distribute cards for less than they paid for them either unless they absolutely have to. The bottom line is the distributors and retailers have to at least try to make a profit moving inventory or they can't stay in business for long.

 

[The red spirit]

As the market slowly drifts in the general direction of sanity, we still have stuff like this:

View attachment 250436

View attachment 250435

Less than half the performance. Half the VRAM. The mind, it boggles. Some AMD fans may have a bit of a persecution complex, but it's sometimes not hard to understand why.

Full disclosure: You can get a 1650 for around USD200 (or less with rebate) as of this post at Micro Center (where that snip came from), but the economics don't work out even then.

That Asus card only has sunflower heatsink and 2 fans. I almost forgot that Asus used to make shite liek this.

 

[r9]

Personally when 3060ti/3070 got announced looking at the perf that was advertised and the msrp I was looking to buy used 1080ti for $200 which seemed like a reasonable price compared to 3060ti for $400 however the shortage hit and people went nuts with their asking price.
So I waited and waited and finally found used 6700xt for $450 which is not the best deal I got ever but I feel it's reasonable price.
But other than that Microcenter near me regularly has offerings and nice openbox deals.
This one is not open box and still good price.

The other day they had 6900xt for $800.

 

[ARF]

Even if it worked that way the end result would be the same. The distributors pay a set price to card manufacturers for stock so they won't distribute cards for less than they paid for them either unless they absolutely have to. The bottom line is the distributors and retailers have to at least try to make a profit moving inventory or they can't stay in business for long.

We can buy direct from AMD store, cheaper than from the retailers - 549 vs 605 euros:

Where to Buy AMD Radeon™ RX 6000 Series Graphics | AMD

AMD Radeon RX 6750 XT Grafikkarte Preisvergleich | Günstig bei idealo kaufen