GPU Market Pricing Back in Uptrend, Shattering Expectations of Price Normalization

[TheOne]

And yet Newegg had 3080 Ti's for sub $2000 most of the weekend and one is still available, and there are still 6000 series GPU's at very high prices, I can only assume that means that scalpers are wary.

 

[Chrispy_]

3080Ti probably isn't the example to use in a thread about price normalization, since it was launched at the height of the pricing madness and as a result its MSRP is offset to siphon markup to Nvidia instead of scalpers.

The 3080Ti's MSRP is crazy at 71% more than the regular 3080's MSRP, for a card that is barely 7% faster.

If prices return to normal before the 3000-series is replaced by a successor, the 3080Ti prices will likely be slashed to bridge the huge gulf between it and the 3080.

 

[TheOne]

It demonstrates that the number of people willing to overpay for a GPU is in decline.

 

[freeagent]

There is no profit to mine with LHR cards though? You get half the performance pretty much. By the time you pay the power bill how much are you going to have left over? So yes, some miners might be dickheads for just thinking of themselves, but not all miners are buying big numbers..

 

[Mescalamba]

Well, it can trend wherever it wants. Majority of customers simply wont buy over certain price.

 

[erocker]

Who expects prices to normalize when there's constant reports of chip shortages lasting for years?

 

[Chrispy_]

There is no profit to mine with LHR cards though? You get half the performance pretty much. By the time you pay the power bill how much are you going to have left over? So yes, some miners might be dickheads for just thinking of themselves, but not all miners are buying big numbers..

LHR has been half-cracked with >70% mining rates on LHR cards now.

LHR also only applies to ETH and there are several other profitable crypotcurrencies that can be mined at full speed on an Nvidia LHR card.

 

[eidairaman1]

F mining.

He gaming gpus should b 500 usd at most

 

[Bruno Vieira]

A Strix 3060 Ti still costs €1011 here in the Netherlands.

I have officially given up on getting a new card.

Hopefully Intel will make a dent in prices, and the 4000 series will be cheaper.

Like Nvidia or AMD intel always shot their profts as high as possible, and since people is giving money for gpus as never before.. dont expect an Intel gpu to be less than 5% of the usual frame / money chart (that is true right now)

 

[freeagent]

LHR has been half-cracked with >70% mining rates on LHR cards now.

LHR also only applies to ETH and there are several other profitable crypotcurrencies that can be mined at full speed on an Nvidia LHR card.

I actually watched a video on that while having a shower lol.

 

[R-T-B]

Why are we not talking about Hardware Unboxed's video on factors of Gpu prices​

especially the poll ?

Becauase this is techpowerup?

 

[Minus Infinity]

Luckily your old GPU is still working fine and the sky hasn't fallen. Best way to give the middle finger to the whole supply chain, not just Nvidia or AMD is not to buy this overpriced rubbish. Leave the warehouses full of unsellable stock. Alas people are just too stupid, probably pay $3K for a 3090 and game at 1440p, so they can get 200fps.

 

[Flanker]

I wonder if retro gaming and indie games have gained in popularity recently

 

[R-T-B]

I wonder if retro gaming and indie games have gained in popularity recently

I think that was gonna happen regardless. I haven't played much bigbox games lately because I found them unoriginal and underwhelming...

I think the largest game I have played lately is... Maybe Tropico 6? lol.

 

[claes]

Luckily your old GPU is still working fine and the sky hasn't fallen. Best way to give the middle finger to the whole supply chain, not just Nvidia or AMD is not to buy this overpriced rubbish. Leave the warehouses full of unsellable stock. Alas people are just too stupid, probably pay $3K for a 3090 and game at 1440p, so they can get 200fps.

I never bought into the whole “vote with your wallet” thing, but it seems especially pointless here. Miners are just going to buy the stock up anyway.

Personally I’m not buying because of price and lack of need, but if someone wants a new GPU and is willing to pay, well, good luck beating the bots, congrats to them etc

 

[umdterps71]

A month ago I got a refurbished RTX 2060 Super for $400 direct from ASUS and am really glad I did. Sold my gtx 1660 ti for $420 in may so I somehow came out ahead and with an upgrade… still hate that I paid that much for an older card but apparently it was right decision given how things have gone.

 

[agentnathan009]

New victims have joined the cryptobubble it seems.

New people are joining, but lots of old timers thought EIP-1559 was going to kill ETH mining and they started selling cards and rigs and saying "syanora" to the rest of us who keep mining with what we have to offest inflated GPU prices and showed that they could have kept going, so thank a longtime ETH miner for the lower prices, until they saw that the effect wasn't as bad as they thought it was going to be and maybe started buying again.

 

[Naito]

Crypto currencies are just power wasting, environment destroying Ponzi-esque schemes. There's few legitimate uses for them. Gambling, at best

 

[agentnathan009]

Crypto currencies are just power wasting, environment destroying Ponzi-esque schemes. There's few legitimate uses for them. Gambling, at best

The same could be said of fiat currency when it was introduced thousands of years ago. Perhaps you should investigate more. Your bank account is as worthless as crypto, it is just numbers and generally agreed upon valuation that gives fiat currency and crypto any value. Back in the day we might have traded a cow for 30 chickens, things that had real value (meat to eat, eggs to eat, milk to drink, etc.)

 

[Tardian]

I one year chart:

Since 4 April (inset pun)

The # of transactions is impotant:

I could explain what the above means, in terms of this thread, but I am trying to refrain from my special topic: The Bleeding Obvious.

 

[Naito]

The same could be said of fiat currency when it was introduced thousands of years ago. Perhaps you should investigate more. Your bank account is as worthless as crypto, it is just numbers and generally agreed upon valuation that gives fiat currency and crypto any value. Back in the day we might have traded a cow for 30 chickens, things that had real value (meat to eat, eggs to eat, milk to drink, etc.)

'Worth' wasn't something I mentioned in my post. I understand that the 'worth' of such currencies stems from people's belief in the system and the forces which regulate it (or not). It would be naive to think that a lot of the world's most wealthy and influential people/government don't have some stake in cryptos. If they hold enough, they'll control the system by some means, which anti-fiat followers seem to gloss over. It also wouldn't take much to quash the movement, if the world's governments deemed it a risk. There's not enough saturation from the everyday user to prevent such control - something which I doubt will happen anytime soon as cryptocurrencies are too volatile. Essentially, you're gambling on everyone else' belief in the coin and once the stream of new 'believers' runs dry, the value will fall. It's in your best interest rationilise your own choice to enter cryptos and convince other's do to so too. It's pratically a requirement you're forced into, otherwise you'll lose your investment. Gambling on a Ponzi scheme

It's not to say in the future that cryptocurrencies won't replace fiat currencies, but it'd be unlikely one of the coins in 'circulation' today - too volatile, non-standardized, limited legitimate use.

 

[Tardian]

StartUp (TV series) - Wikipedia

en.wikipedia.org

Do yourself a favor. Tardian rating: 10/10. There are obvious technical inaccuracies so suspend disbelief and enjoy. They use my expresso machine.

In fact, I stayed alive so I could watch the promised season 4.

It's not to say in the future that cryptocurrencies won't replace fiat currencies, but it'd be unlikely one of the coins in 'circulation' today - too volatile, non-standardized, limited legitimate use.

I agree, but there are already products that add value:

Cryptocurrency - Wikipedia

en.wikipedia.org

Thousands of These Computers Were Mining Cryptocurrency. Now They're Working on Coronavirus Research

The largest U.S. Ethereum miner is redirecting the processing power of 6,000 specialized computer chips toward research to find a drug for the coronavirus.

www.coindesk.com

Account Suspended

 

[mechtech]

No surprise. I do recall seeing a headline about TSMC raising prices 20% cause they can.

 

[maxfly]

No surprise. I do recall seeing a headline about TSMC raising prices 20% cause they can.

10-20% because they were forced to reopen forges that they had either closed or were planning on closing. I forget which. The infos out there.

 

[Tardian]

Due to the silicon shortage, the volume of motor vehicles et al manufactured has been reduced. Even decades-old chip technology is in demand.