Question RTX 4090 Rumored to cost 2999.99

[aigomorla]

I'm not buying the $2,999 GeForce RTX 4090 price prediction, but should I?

The GeForce RTX 4090 will undoubtedly command top dollar, but here's hoping it doesn't cost twice as much as the 3090.

www.pcgamer.com

Sigh... if that is a true price... i just have nothing to say.

Absolutely nothing to say, as i don't know if i should laugh, cry, or scream.

 

[Golgatha]

I typically have bought used cards or mid tier cards since I'm happy with their performance and I figured if they wore out I could just buy another one or a newer one to replace it. That calculus is right out the window!

Even if I could stomach thousands of dollars for a card, which maybe I could if my house would stop falling apart, I would now want to insure it some way or have a long warranty. Can you get a rider on your home owners for a RTX 4090?

I actually have an extra rider for the electronics in the house...

 

[mohit9206]

I have owned every nvidia Ti card since 780Ti, 980Ti, 1080Ti and 2080Ti and my inability to find a 3080, 3090 or 3080Ti for the past year has really made me ask myself if it is time to call it quits on PC gaming.

First world problems am i right

 

[njdevilsfan87]

Even if eth moves to POS, there are plenty of other coins using POW. At this point mining is a multi billion dollar industry with several public companies that focus on it. I don't see the demand there going away for a long time.

There's almost no demand for PoW coins outside of Ethereum. Maybe Monero, but that doesn't mine very well on a GPU and its mostly CPU mining. I expect once Ethereum moves to PoS, GPU mining will die off over the following year. PoW mining will remain in the form of Bitcoin, Litecoin and a few others where ASICs do the job far better than GPUs.

 

[moonbogg]

There's almost no demand for PoW coins outside of Ethereum. Maybe Monero, but that doesn't mine very well on a GPU and its mostly CPU mining. I expect once Ethereum moves to PoS, GPU mining will die off over the following year. PoW mining will remain in the form of Bitcoin, Litecoin and a few others where ASICs do the job far better than GPUs.

GPU mining isn't going any-damn-where. There's way too much money to be made. As soon as people think mining is dead, a new coin called "Nvcoin" will mysteriously fall from the sky and bonk gamers right on the head. It has a great ring to it because people will say "have you heard of Nvcoin?" but people will hear "Envy coin" and their imagination will be stirred. The words will enter their minds and their bodies will start to change. Their eyes will glaze over and settle into a motionless stare as they add 50 GPUs to cart and click buy without even realizing what they're doing.

 

[DrMrLordX]

As soon as people think mining is dead, a new coin called "Nvcoin" will mysteriously fall from the sky and bonk gamers right on the head.

Have you ever properly considered what it takes to get miners interested in a particular coin or token?

 

[sze5003]

Have you ever properly considered what it takes to get miners interested in a particular coin or token?

Money and ROI come to mind. It's not like they will instantly switch over to this new coin but if it makes them money, there's potential. Then again there are several new coins popping up and no one cares about them.

 

[fleshconsumed]

Money and ROI come to mind. It's not like they will instantly switch over to this new coin but if it makes them money, there's potential. Then again there are several new coins popping up and no one cares about them.

Again, there is a reason why new PoW blockchains are not coming "online". Take for example CHIA that made a splash this year. Yes, I know, it's not PoW, but it is a coin that required capital investment with the promise of hefty payoff in the end. What happened? Started out strong, tripled hard drive prices basically overnight, but 6 months later it fizzled out, and hard drive prices are almost back to normal.

You need critical mass of people/developers shifting from established projects to the new one to create a new cycle of development/hype/price appreciation. That is increasingly difficult to do, especially since ETH PoS (and many other projects) promise 5-6% APR staking rewards without any capital investment other than holding the coins that you already have.

 

[DrMrLordX]

Money and ROI come to mind.

Slightly off-topic, but:

You can't just magic mining profits into existence. The token has to have an active user base so it can be traded on exchanges where the market establishes value. In the case of traditional PoW tokens, you need people to voluntarily run your node software to assure decentralization. THEN you get miners. If you just launch some lame BTC or ETH clone, people will look at it and say "meh". You need a unique feature set for your blockchain or . . . some kind of future feature around which you can build hype. Blockchain projects are a dime-a-dozen now. People will not just automatically take your open source blockchain software and run with it like they would even a few years ago.

I think NIMIQ might have been the last major PoW project to generate enough hype to attract miners, and it buckled underneath the weight of miners with a comparatively small miner base compared to Ethereum. There is no way that a brand spanking new project will be able to absorb the enormous amount of hashpower currently on Ethereum while also being able to offer them all enough market interest to guarantee profits for everyone. A few early miners might reap a little bit of profit, assuming you can even get anyone to pay attention to what you're doing AND establish a trading history on an exchange. Then, as is so often the case, your brand new token will collapse in value as miner rewards are distributed for more than a few hours.

By the time the 4090 is available for sale, what likely will have happened is that Ethereum will go PoS and miners will be faced with the prospect of the same amount of hashpower going to tokens that are worth a lot less money. It'll be like Ethereum dropping value to $100 or less under PoW. Many miners will be forced to take their mining rigs offline to save on electricity. A lucky few will be able to mine "for free" since they're somehow passing off the cost of power to someone else.

 

[SteveGrabowski]

Have you ever properly considered what it takes to get miners interested in a particular coin or token?

A picture of a dog?

 

[DeathReborn]

Again, there is a reason why new PoW blockchains are not coming "online". Take for example CHIA that made a splash this year. Yes, I know, it's not PoW, but it is a coin that required capital investment with the promise of hefty payoff in the end. What happened? Started out strong, tripled hard drive prices basically overnight, but 6 months later it fizzled out, and hard drive prices are almost back to normal.

You need critical mass of people/developers shifting from established projects to the new one to create a new cycle of development/hype/price appreciation. That is increasingly difficult to do, especially since ETH PoS (and many other projects) promise 5-6% APR staking rewards without any capital investment other than holding the coins that you already have.

Don't forget the ever thoughtful thing miners have a bad habit of doing, selling mining hardware without saying it was mined on (SSD's for Chia, GPU's for BC/Eth).

 

[VirtualLarry]

Don't forget the ever thoughtful thing miners have a bad habit of doing, selling mining hardware without saying it was mined on (SSD's for Chia, GPU's for BC/Eth).

I don't see why you need to paint miners with such a broad stroke, due to the fraud of some individuals; just like you probably wouldn't want me to paint all PC gamers as occultists (D2) and murderers (GTAV, FPS) and gamblers (lootbox games), right?

 

[moonbogg]

I don't see why you need to paint miners with such a broad stroke, due to the fraud of some individuals; just like you probably wouldn't want me to paint all PC gamers as occultists (D2) and murderers (GTAV, FPS) and gamblers (lootbox games), right?

I took over 140 digital souls in exchange for a mere 20 of my own last night in VR. I am what you claim, Larry. That and much worse. They know me by name. When I enter the server, they band together in order to survive, but it's not enough. As long as I'm around, anything they do will never be enough.

 

[DrMrLordX]

A picture of a dog?

Try it today. It won't work. Dogecoin already did it. SHIB is falling apart as we speak, desperately trying to recpature market cap by burning tokens. And SHIB had hype on its side which is the only reason why it ever got anywhere. @fleshconsumed is right.

 

[alcoholbob]

Damn right. AMD and Nvidia need to justify the PE ratios of their stocks after all

 

[Genx87]

Im having a hard time imagining when a new PC will be in my house. I just cant see myself paying that much for a gaming PC.