RIP Gamers, not even the 1080 Ti will save you now.

[Selena Anderson]

No matter what new cards are coming but the price will hike up more, dreams for casual gamers are long gone.

 

[Arshad Hussain]

I just heard from someone that prices are going to come down within 3 months or so because of new cards and crypto mining dying. Can anyone one confirm this news?

 

[tential]

I just heard from someone that prices are going to come down within 3 months or so because of new cards and crypto mining dying. Can anyone one confirm this news?

It's the same as if I told you that prices are going up because of new cards and cyrpto mining will be going on the rise.

No one knows.

The only thing relatively certain is that new cards will be at MSRP at launch/preorder, so if you're LUCKY you may get one. So that's what the next "buyin" period is that most people are aiming for.

 

[justoh]

Prices in Switzerland are usually a little more than in the US, but interestingly the 1080ti is still about $900 here. You can't order from outside CH online and there aren't enough miners I guess. Only one online store even bothers restricting purchases to two. There's an $820 1080ti available in "4-6 days." Lots under $1000 shipping immediately, and that's around how much they always were. The asus rog strix is about $940 here or 1000 pounds in the uk.

 

[sze5003]

Good thing microcenter is doing something about it at least for those looking for building a PC.

Micro Center Latest To Offer Bundle Deals To Soften GPU Prices

https://search.app.goo.gl/UySB

Luckily I live 20 min from one..I just pray my card doesn't choke on me anytime soon.

 

[Tweak155]

I'd possibly also buy a monitor, but I don't need the other stuff... my 6600K, 16gb ram and 500gb SSD are still plenty fine (heck so is my monitor but I am interested in the 120hz Ultrawide).

 

[Leyawiin]

It is rather hard to believe that a year and a half after I bought them if I wanted to sell my GTX 1070 and GTX 1060 6GB (which I don't) I could turn a healthy little profit.

 

[DidelisDiskas]

This minning boom is insane. If i would want to buy a new card in my area now, the best i could find for somewhat sane price (still too high) is an rx 560. The only avaivable and cheapest model is 130 euro. Because there are literally zero 1060, 570, 580, 1070.. the gtx 1050ti is going for around 190 to 240 euro. The only way to get those other cards is to buy a prebuilt computer.

 

[nitromullet]

It is rather hard to believe that a year and a half after I bought them if I wanted to sell my GTX 1070 and GTX 1060 6GB (which I don't) I could turn a healthy little profit.

Yep. I bought my GTX 1070 for $450 in July 2016 (a bit over priced due to initial low availability) , gamed on it through two holiday seasons, and just sold it earlier this week for $750. I didn't really have a significant desire to sell it, but for that price I'm okay with it.

The main downside to hanging onto your cards now is the potential for the bottom to drop out on the so called mining bubble. If that happens, and the used market is flooded with cards, you're going to be sitting on two cards that a literally worth pennies on the dollar you spent for them.

The fact of the matter is that which ever way it goes, it's no-win situation for non-mining gamers. If you don't have a card, you can't get one for a reasonable price. If you sell your card, you can make a profit, but not be able to replace it. If you hang on to your card, you might be looking at significantly more than usual depreciation in value, which is already a lot more for graphics cards than for most things.

 

[nOOky]

Yep. I bought my GTX 1070 for $450 in July 2016 (a bit over priced due to initial low availability) , gamed on it through two holiday seasons, and just sold it earlier this week for $750. I didn't really have a significant desire to sell it, but for that price I'm okay with it.

The main downside to hanging onto your cards now is the potential for the bottom to drop out on the so called mining bubble. If that happens, and the used market is flooded with cards, you're going to be sitting on two cards that a literally worth pennies on the dollar you spent for them.

The fact of the matter is that which ever way it goes, it's no-win situation for non-mining gamers. If you don't have a card, you can't get one for a reasonable price. If you sell your card, you can make a profit, but not be able to replace it. If you hang on to your card, you might be looking at significantly more than usual depreciation in value, which is already a lot more for graphics cards than for most things.

Yes, but don't forget that if you're a gamer hopefully your gaming with and getting the enjoyment out of kicking zombie asses instead of just letting it sit there idle, and that's why the money is spent, not to make a profit. For a gamer, anyway.

Screw the miners, I use my PC to relax and see great graphics in my games (and with my card, to warm my feet also!).

 

[bigboxes]

Yep. I bought my GTX 1070 for $450 in July 2016 (a bit over priced due to initial low availability) , gamed on it through two holiday seasons, and just sold it earlier this week for $750. I didn't really have a significant desire to sell it, but for that price I'm okay with it.

The main downside to hanging onto your cards now is the potential for the bottom to drop out on the so called mining bubble. If that happens, and the used market is flooded with cards, you're going to be sitting on two cards that a literally worth pennies on the dollar you spent for them.

The fact of the matter is that which ever way it goes, it's no-win situation for non-mining gamers. If you don't have a card, you can't get one for a reasonable price. If you sell your card, you can make a profit, but not be able to replace it. If you hang on to your card, you might be looking at significantly more than usual depreciation in value, which is already a lot more for graphics cards than for most things.

I couldn't care less if the resale value plummets if the mining craze craters. Mining is a unproductive activity and it needs to die. I realize that it may be here to stay for the near term. That doesn't change my opinion on its purpose and on the effect it has on the price/availability of video cards. Lucky I upgraded when I did. Got my 1080Ti for $720. I thought that was expensive at that. Good thing I got 5% back from Amazon.

 

[nOOky]

I don't foresee 1080Ti cards being dumped for $150 each if the bottom drops out, but if they are, I'm buying a couple

 

[NomanA]

Great day today. BTC was down 15% and Ethereum, around 18%. These prices are about 25% down just from the highs of these past four days. The pricing fluctuations are a complete joke at this point. BTC is now back at early December level and Ethereum is at level from a month ago. A cool 50% drop from here would bring Ethereum to early November prices, and that's when GPUs should start to show up in decent numbers.

 

[Red Squirrel]

Haha I doubt a small dip is going to change much. But hopefully some miners panic and just sell off. But I doubt it. I kinda hope for a mini crash myself, because I'm still going to keep mining and pickup any GPUs I come across for a decent price.

This is also a great excuse to learn blender because a mining rig can also double as a pretty epic rendering rig.

 

[Head1985]

Great day today. BTC was down 15% and Ethereum, around 18%. These prices are about 25% down just from the highs of these past four days. The pricing fluctuations are a complete joke at this point. BTC is now back at early December level and Ethereum is at level from a month ago. A cool 50% drop from here would bring Ethereum to early November prices, and that's when GPUs should start to show up in decent numbers.

ETH difficulty is also pretty crazy now.Almost at pre nerf status https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
They cant make much more profit(miners) because when they nerfed difficulty they also decreased block reward from 5 to 3.They are now almost like it was when ETH was at 300-400USD.

 

[Red Squirrel]

Yeah this shortage sucks because of the difficulty. It's a very time sensitive moment to try to get rigs going. I want to at very least get to 6 cards and then call it a day and keep mining with that. I had visions of buying land and going YUGE but the GPU shortage pretty much makes that impossible. Need to wait to see what happens with China and Bitcoin as a lot of ASICs might make their way to Canada.

I even wonder what would be involved in sponsoring someone from China who wants to move to Canada with their whole farm. I could provide the land, bulding, power, and internet, they provide the hardware. We both work on setting it up, and split 50/50 or something. Only thing it really depends how shotgun the Chinese government is about all this. They might just order farms to be completely destroyed so that the hardware can't leave the country. There is also the risk of being royally screwed in engaging in something like that. Really not sure what would be the best approach even if the opportunity came.

I just know that our government actually is looking into embracing crypto, so that is good news. They are looking at Ethereum especially.

 

[DrMrLordX]

ETH difficulty is also pretty crazy now.Almost at pre nerf status https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
They cant make much more profit(miners) because when they nerfed difficulty they also decreased block reward from 5 to 3.They are now almost like it was when ETH was at 300-400USD.

All I know is I'm making about 66% more per month mining ETH right now (according to nanopool) than I did through most of the $300 doldroms. Profits are down a little, but not by nearly as much as I expected.

 

[spdfreak]

Hopefully the recent drop will discourage more people from jumping in and I can finally buy a decent vid card for my new Ryzen rig...
https://www.bloomberg.com/news/arti...elow-8-500-as-cryptocurrency-misery-continues

 

[NomanA]

Ethereum down a big amount today - around 12%. BTC is down 4%. Ethereum is down 35% from its all-time high which happened around 3 weeks ago. BTC is down about 60% from its highs.

Both still are ridiculously expensive compared to one year ago, but once again, we don't have to go back to one year level. 30-40% drop from here will make mining unprofitable for most people. Although, Ethereum going back to $100 or below will be awesome.

 

[Qwertilot]

I just heard from someone that prices are going to come down within 3 months or so because of new cards and crypto mining dying. Can anyone one confirm this news?

This is actually vaguely intriguing in a way - ignore the possibility of a mining crash as we know what happens then.

Volta (or whatever they call it) will be coming in a few months and will seemingly (see Titan V), be a big chunk ahead of the current state of the art. That could theoretically produce a big chunk of spare second hand Pascal cards. Don't think the mining market will react like that though - I'd guess that the economics would dictate holding on to the cards as long as they're functional.

 

[nitromullet]

Yes, but don't forget that if you're a gamer hopefully your gaming with and getting the enjoyment out of kicking zombie asses instead of just letting it sit there idle, and that's why the money is spent, not to make a profit. For a gamer, anyway.

Screw the miners, I use my PC to relax and see great graphics in my games (and with my card, to warm my feet also!).

That’s a fair point. There is certainly value in a graphics card for the enjoyment it brings.

Just because I’m without a card doesn’t mean I’m not gaming. Picked up an Xbox one x, and battlefield 1 premium on sale for $20. The experience doesn’t match a GTX 1070 with an ultra wide gsync monitor, but it’s still a lot of fun and BF1 is super smooth on the X.

Hopefully when Volta drops prices will be more reasonable.

 

[tential]

That’s a fair point. There is certainly value in a graphics card for the enjoyment it brings.

Just because I’m without a card doesn’t mean I’m not gaming. Picked up an Xbox one x, and battlefield 1 premium on sale for $20. The experience doesn’t match a GTX 1070 with an ultra wide gsync monitor, but it’s still a lot of fun and BF1 is super smooth on the X.

Hopefully when Volta drops prices will be more reasonable.

I'm thinking of picking up an Xbox One X as well. I've been watching the digital foundry vids of the Xbox One X, and it looks great on my 4K display. I mean, considering I'm coming from the R9 290, it's a comparable GPU, but the Xbox One X has HDR and is better optimized.

Really, I'm sure if I got an Xbox One X, I'd just play Halo all day and be very content.

Volta won 't fix prices, but if you preorder, it will get you a great GPU. I just don't like tinkering with all the settings in my older games, I want to play at 4K all settings up for the most part, and use DSR to get to higher resolutions if the GPU can (and it should....) crank it that fast in some of my games.

At this point though, I feel like I'm forced to learn more and more about cryptomining, as it's going to continually effect the hardware sphere and isn't going away. I think it'd be naive at this point to think that we won't have to adapt to this somehow and how we use our PCs.

One thing that's clear. The "Wait and see what's around the corner" mantra of a lot of users has backfired tremendously in this case. Should have bought in at Day 1.

 

[DrMrLordX]

Don't worry, people will probably start mining crypto on Xbox 1 soon enough. And PS4. Then the circle will be complete.

 

[nitromullet]

I'm thinking of picking up an Xbox One X as well. I've been watching the digital foundry vids of the Xbox One X, and it looks great on my 4K display. I mean, considering I'm coming from the R9 290, it's a comparable GPU, but the Xbox One X has HDR and is better optimized.

Really, I'm sure if I got an Xbox One X, I'd just play Halo all day and be very content.

It's still a console for sure, but as a PC gamer, it's hands down the best console I've ever owned.

Volta won 't fix prices, but if you preorder, it will get you a great GPU.

I didn't mean to imply that I felt Volta would fix things, more that current state of affairs isn't sustainable. Either the mining bubble will pop, or demand will remain high enough long enough that eventually manufacturers will decide it's worthwhile to meet the demand.

 

[ub4ty]

I just heard from someone that prices are going to come down within 3 months or so because of new cards and crypto mining dying. Can anyone one confirm this news?

Can confirm. They've set two bull traps so far.
7,500 - 8,500 is the final one before they pull it.
If equity markets roll over amidst the carnage, there will be even more fireworks.

Most of the yapping mouths centered on coin are under water and are HODL. A number of people added heavily when it dropped from 20k to 12k. They are now down an additional 33%.

Coin clown fees have also crashed :
https://bitinfocharts.com/comparison/bitcoin-transactionfees.html
Down from a peak of $50 to $5.
All of this along w/ fresh new cards hitting the market in march.

A perfect storm that couldn't of happened to a better group of people hell bent on squandering energy and limited compute resources.

The Chain has been broken.

http://www.portvapes.co.uk/?id=Latest-exam-1Z0-876-Dumps&exid=threads/threadripper-builders-thread.2512631/page-23#post-39047207