GPU Prices Are Falling (venturebeat.com)
An anonymous reader shares a report: If you were looking for a new graphics card for your PC over the last year, your search probably ended with you giving up and slinging some cusses at cryptocurrency miners. But now the supply of video cards is on the verge of rebounding, and I don't think you should wait much longer to pull the trigger on a purchase. Earlier this week, Digitimes reported that GPU vendors like Gigabyte, MSI, and others were expecting to see their card shipments plummet 40 percent month-over-month. The market for digital currencies like Bitcoin and Etherum is losing some of its momentum, and at the same time, large mining operations are pulling back on their investment in GPUs in anticipation of dedicated mining rigs (called ASICs) that are due out before the end of the year. These factors working in conjunction seem like they are leading to more supply, which in turn is forcing retailers to cut prices. For example, the Gigabyte GeForce GTX 1080 video card is selling on Amazon right now for $700. Other retailers even have it listed at the original MSRP of $600. These are the lowest prices of 2018 so far.
Since the Monero branch, RX Vega cards have become the best value for mining Monero, and there's no chance of getting any of those cards at MSRP
http://www.nowinstock.net/comp...
But... mouse and keyboard =/
Better, when will the big operations start dumping cards by the thousands onto Ebay? A plentiful secondhand market + crypto not buying new cards should deepen the effect. I'm fine with used stuff, but do wonder how much life a GPU that has run flat-out 24/7 for a year or two has left.
I just bought a new one.
Fuck you murphy.
Twenty years from now when you are at the villa reminiscing, you can divulge that you're one of the guys who knew how to hold a Phillips screwdriver and bilked thousands out of their student loan money.
I don't think you should wait much longer to pull the trigger on a purchase
Let the prices keep falling. I think we should all just wait till it hits rock bottom, then wait some more. Seriously though I always bought the value cards at around $100. Even those appear about 50 percent over what I would care to pay today if I thought I needed anything more than integrated graphics. When I do game, its older titles anyway. For me, gaming peeked at Quake3. Get off my lawn and all that.
I'm happy that works for you. It doesn't work for me.
...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)
The author says "... anticipation of dedicated mining rigs (called ASICs)." This is wrong. Dedicated mining rigs may use ASICs as the main compute engine (or GPUs, or Xeons, or Unicorn smegma, or...) but Application Specific Integrated Circuits are NOT "mining rigs". /. you know better! (Hopefully, anyway.)
C'mon
A Playstation 4's GPU is roughly on par with a GTX 590 or Radeon 7970. You can find those on eBay for about $80-$150, unaffected by the cryptocurrency craze (they're so old and inefficient that any miner using them would lose money).
You get a console for the exclusive game titles. You get a gaming PC if you want graphics performance and/or resolution better than an 6 year old GPU.
Jesus. I remember in the good old days when $200 was a good chunk for a great GPU and $350 was for the very fastest ones.
Wtf happened? Nvidia monopoly and gamers ready to open their wallets because of the Nvidia label seem to be destroying the market. The comments on how the 1050ti is God on YouTube when referring to AMD products and the xboxoneX verify this brainwashing and monopoly.
Hey PC masterace just don't be shocked when us regular peasants switch to consoles where you can get the same performance for cheaper.
http://saveie6.com/
Ethereum and Monero are the reason GPUs are being snatched up by miners. The value of those coins crashed horribly earlier in the month... to the point where it was barely profitable to mine. But prices have rebounded recently, so you can expect GPUs to start selling out again soon.
When the blockchain "difficulty factor" for ETH and XMR solidly surpasses their record highs, then you will know these ASICs are really rolling out. From there it won't be long until these $700 cards can be found on Ebay for chump change.
You can track the difficulty here: https://www.coinwarz.com/diffi...
A slashdotter who didn't build his own computer is like a Jedi who didn't build his own lightsaber.
I'm interested in AMD RX 64 since I invested in a freesync monitor. The price right now is around $800. That is $300 more than the MSRP of $500 at release. This is more than 6 months later so right now the second revision and or custom vendor versions should be coming out and the original card should be going for around $450. By my calculation that is far from being on par.
... source is 'venturebeat'.
yup. bullshit.
checked price of a 1050ti..... total bullshit.
and this isn't even a very good mining card. price of these went up because they were all that was left.... and then, these disappeared from store shelves, too, even when priced as high as two hundred fucking dollars... not the $99 or less they should be selling at eighteen months after its introduction...
if it weren't for mining, we'd have the geforce gtx 11xx series out by now, too. this mining shit isn't just affecting prices of what's on the market, it's affecting the gpu companies' ambition to release the 'next' stuff... why do that when they are at 100% manufacturing capacity anyway and making bank on the old stuff?
The biggest advantage of the PC is the absolutely huge and varied library of games. Even without counting grey areas such as emulation, you get 30+ years of games of everything, and titles that easily surpass the modern games in terms of actual gameplay.
But you don't need a top of line machine to enjoy those, just a good taste and be willing to forgive the graphics of old.
Anyone using any GPU will lose money mining cryptocurrency unless one is willing to wait until the currency rises significantly in value some amount of time after mining it.
File under 'M' for 'Manic ranting'
Yeah.
Fuck that.
Chas - The one, the only.
THANK GOD!!!
I don't think you should wait much longer to pull the trigger on a purchase
Actually, rumor is that Nvidia is going to release the 1100 series GPUs in June or July. They're expected to have about 40% higher performance than the 1000 series. Also, the Etherium ASICs are dropping in July; assuming there's not a hard fork that makes them useless (and even if there is), there will be a sharp price drop in Etherium at that time, leading to lower GPU demand by cryptominers.
Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
Gamers that are angry about miners are weird. Why don't they just mine at night and make a few bucks on the side?
Because
(1) You have to buy the card in the first place and they were difficult to find and insanely expensive. Basically many were priced out of buying.
(2) You will likely never mine enough to cover the difference between suggested retail and the 50% premiums we are now seeing, let alone the 100-200% premiums of a month or two ago.
Basically its not worth it to mine in your spare time unless you bought a card last summer before the price premiums.
Thinking you can make it up by holding coins for years doesn't work. You will likely have more if you just buys the coins directly after you consider retail electrical costs and the inflated GPU price.
Now once GPU prices return to MSRP and if you are careful about your power costs then yeah, maybe you can mine in your spare time. But if over a year 25% of your GPU is subsidized consider yourself fortunate.
Anyone using any GPU will lose money mining cryptocurrency unless one is willing to wait until the currency rises significantly in value some amount of time after mining it.
No, holding is an illusion. If you cannot mine economically today its better to just buy the coins directly rather than buy electricity. You'll have more coins for that significant rise (if it occurs).
For example, the Gigabyte GeForce GTX 1080 video card is selling on Amazon right now for $700.
Fuuuuck that.
$700 is stupid for a GPU.
I wonder if there has been long-term damage to PC gaming. Combined with extortionate RAM prices, I think a serious chunk of gamers will have moved to PS4 and XBOX, particularly with their attractive recent 'Pro' updates. Still there is the problem of no adaptive sync with Nvidia.
My point was that with cryptocurrencies whose value might rise over time, it may eventually exceed the value of electricity usage consumed when it was initially mined. This may or may not happen, of course, and there is no guarantee that such a threshold will be eventually reached. One can only say for sure that it has happened in the past with some cryptocurrencies such as Bitcoin. People who were mining bitcoin in 2011, for instance, have had the value of their bitcoin *FAR* exceed the costs of electricity that was used to mine it, but at the time that they mined it, the value of bitcoin was still low enough that the electricity usage still outweighed it at the time.
File under 'M' for 'Manic ranting'
...because parents are realizing the power condumption of their children and forbid to mine. It's easy to mine if you don't have to pay for the power (the same thing as for indoor gras growing).
GPU vendors also announced they are drastically cutting back their production to coincide with the mining reduction. They will do everything they possibly can to retain the inflated prices.
-==- Buy a Mac and leave me alone!
My point was that with cryptocurrencies whose value might rise over time, it may eventually exceed the value of electricity usage consumed when it was initially mined.
My point is that this is a "losing" strategy. If mining is not profitable today if a person takes the money they would have spent on electricity and uses it to buy coins directly on an exchange they will have more coins. In the future, after a rise, more coins (buying) will have more value than less coins (mining at a loss). A person motivated by profit should only mine today if it is profitable today, i.e. they get more coins buying electricity today than by buying coins directly.
Yes, technically the rise can get one from the red to the black. However that is suboptimal if the person's motivation are profit related. I wanted readers considering holding to understand this.
Tell that to people who have several million dollars in bitcoin because they happened to get on board early.
File under 'M' for 'Manic ranting'
Tell that to people who have several million dollars in bitcoin because they happened to get on board early.
The fact remains that they would have even more by buying on an exchange rather than mining at a loss. Holding does not change this simple fact. If you want to hold and mining is unprofitable buy on the exchange and hold, only mine and hold if you will get more coins than buying.
I wanted to build a gaming computer at the beginning of the year. Looked at the prices, was almost ready to take the plunge on a 1000 GBP PC (Ryzen 7, GTX 1080, plans to splash on VR), with more than half the price being the video card.
Then a friend woke me up with words to the effect of "Nvidia will launch new products soon". OK... I'm not in any hurry... My Phenom II just needed a usable video card for games instead of the GT 210 I had inside, so I bought a GTX 560 (I was too cheap to go for a 660) with plans to wait the bubble out. It turns out I'll be waiting this out for a long time, as this video card suits my occasional Steam gaming sessions just fine, and I've put my lust for VR on hold for the foreseeable future.
Miners, you can hang yourselves with the power cables of your rigs.
"Everybody's naked underneath" -- The Doctor
That's where we differ, unless it's a cold winter then there's no good reason to game. It's a 100% artificial requirement.
aaaaaaa
I get 100% markups still
summer? the consensus is autumn
This comes as a surprise to some people, and no surprise to others.
In the short run, the quantity of a thing for sale is rather fixed and the price is rather variable.
In the longer run, the quantity of a thing for sale is rather variable and the price is rather fixed.
There's no time like the present. Well, the past used to be.