not sure what you are smoking but GPU prices keep going up on the store level, everytime they sell out the computer raises the price a bit. maybe 3rd party sellers are finally lowering their astronomical prices a bit, but they should just be ignored completely anyway since they are a bunch of insane asshats.
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Crypto and gpu price going back
- Thread starter Jalseng
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I don't need your econ 101 lesson, but thanks.
To answer your question, some people are more interested in helping out members of the community than they are in profiting off of other people. I give away spare car parts to people that need them all the time in my local community, because we help each other out.
I don't expect anyone to do this here, but hey, it doesn't hurt to ask, apparently other than the time it took to write this reply to you
Thatguybil
Limp Gawd
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nah the difficulty levels
https://etherscan.io/chart/hashrate
Actually according to this, if all miners optimized their cards by what they found on the Inet, there are only
7 million 1070 gpu's (if all these GPU's are 1070's, which they are not) out there on Eth.
Each blockchain has the total hashrates available. So its easy to figure out how many cards are being used for mining.
I was including all ethash algo, not just ether. But it is just a guess. How many 580 are hitting 30 mh/s and how many are at 26 mh/s? I assumed for the sake of simplicity that 480=580=1070=30 mh/s.
ah ok yep true. There is just no way mining could have dried up the entire GPU market. Just not possible.
Thatguybil
Limp Gawd
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This is a problem. I wonder if a visa debit gift card would work? Likely blocked too.
No, maybe $1/day. $2.75/day profit after electricity cost is nothing considering the fact that I'm putting so much strain on my expensive hardware. Remember these are $800USD cards. Once the summer hits I can pretty much double the electricity cost because I will have to juice up my AC to compensate for all the heat output. If these values hold I will probably bail on mining by the summer.Your 1080Ti uses almost $3.75 a day in electricity? You should probably go double check the math on that one lol
Watercooled with two 1500rpm fans in a push/pull configuration the cards run silent with excellent temperatures.
There’s still just as much heat being dumped into the room.
Rive22 acknowledged that.
what ... a ... stupid ... video. Does anyone here actually think more cards are not being produced out of concern that they will be left with overstock? What a bunch of BS. This guy's videos seemed ok (he seems to care what he is presenting) but after this presentation I realize he's just a pawn for the industry
I'm really not sure what you find so unbelievable about that. I think it's more shocking you think this doesn't happen. You do realize manufacturers are constantly trying to predict demand to produce just the right amount of supply and not have a bunch of hardware laying around right? The closer they come to equilibrium the better it is for them, and a phenomenon like mining throws a shit load of uncertainty in those predictions.
This happened between June 2016 to probably up to August. This is what happens all the time when a new GPU released. Only difference, now happens to older gentleman cards as well. I think soon GPu makers will come up with Miner focused cards that is good with video encoding and mining and average on gaming or something. It is about time.
oldmanbal
2[H]4U
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I was wondering how they were going to enforce it myself, since a credit card transaction is essentially just your account authorizing a monetary adjustment to it's current balance. I haven't checked recently but I think my Visa card allows me to take cash out of the ATM if i have a pin for it, so I don't think how buying blockchain would be any different than taking US dollars out of an atm, since it's all just coming from the same account.
It's all just big business wanting to keep the money in their pockets, and not transferred to other mediums. Once your commodity (USD or Euro or even GOLD) is absorbed by a crypto currency, there is no promising it will ever come back out of it as liquid again. If crypto coins grow large enough you're essentially looking at large scale destabilization of currency on an international level. Oh yeah, and the govenment can't make money off it so they'll come down hard on it as soon as they figure out a legal way how to (or just pass a law inventing one).
Nebell
2[H]4U
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My 13 GTX 1060 are still making about $600-700/month, while electricity cost is about $150-200.
Why should I stop mining? When crypto drops, I'll just buy more cards to make up for the monthly loss.
I think a lot of miners think this way.
As long as mining is profitable, there will be a shortage of GPUs.
Why should I stop mining? When crypto drops, I'll just buy more cards to make up for the monthly loss.
I think a lot of miners think this way.
As long as mining is profitable, there will be a shortage of GPUs.
There’s a BIG difference between a singular brand new GPU release being in low supply and an industry wide shortage. It’s so unrelated I dont even know why you brought it up. It’s not even the same discussion. Not to mention this shortage has also dramatically inflated the price of just about every video card you can get. Again, not even close to being the same thing.
I should be able to go to Coinbase and use my Visa to transfer into USD, and of course buy what I want there on the current fire sale. Have not tried that but might try that to see what happens.
Nebell
2[H]4U
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i pay 100 dollars for gtx 1060 3gb
150 for 6gb model
for games
Good luck with that.
If I find 1060 that low I'm buying all of them.
Mining is still profitable.
- Joined
- Oct 19, 2004
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- 11,934
You’re thinking bitcoin is only tied to American dollars?
You think too narrow. America owns a smaller percentage of crypto than do many nations.
oldmanbal
2[H]4U
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Sorry if I mislead you, I was using the USD as an example of a commodity, as it's still sought after as legitimate currency. If you scroll up the page to my 3:28am post just above yours, you will see I go on to say exactly what you are bringing up in a little additional exposition. However, thank you for underlining how much of a global impact crypto entails, I couldn't agree more.
Well, right now overclocked my two GTX 1080 Ti cards in SLI consume a little over 700 watts when mining. However if I set the power limit to 65% for both cards, that drops down to around 350 watts, with 80% coin output, or so. So that's what I'm going to do over the summer to reduce the heat output. Apparently Pascal is most efficient when it runs around 1500-1600mhz.
True that, fair enough man.
Yep that is where its more efficient! Depending on the coin though you can push the clocks up a bit with 65% power with lower mem clocks.
Most of the popular GPU mined coins are on their way back up & getting closer to their levels from earlier in the week.
Bitcoin is the laggard in getting back up, but since you can't GPU mine it, there is not much impact on the GPU market.
The supply of new video cards is still really short, so I'd expect any cheap cards to dry up before long unless everything crashes again over the next couple days.
Bitcoin is the laggard in getting back up, but since you can't GPU mine it, there is not much impact on the GPU market.
The supply of new video cards is still really short, so I'd expect any cheap cards to dry up before long unless everything crashes again over the next couple days.
It has its place. A gaming rig just isn't it. Compared to the FAR more expensive enterprise cards, it may well be a good value.Titan V is back in stock! Game devs will support tensor cores right? Just like sli right?
Nevermind, it's just to take your money then give the card to you in 2 weeks.
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- Aug 27, 2007
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- 2,576
With Volta coming. The miners won't be able to buy many in the release. With that being said. If there hoping to get Volta's they will be waiting, have sold there rigs. They be missing out of any mining.
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I hope with Volta they limit one per household (address) + one per card.
- Joined
- Oct 19, 2004
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I agree with the the March estimation based on my gut and the lack of availability on the 1080TI, but is there an official source for that timeframe? Some are saying as late as June/July for Volta.
Is that the long hand way of saying limit two?
Comixbooks
Fully [H]
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Volta will be sold out all year Nvidia needs a huge supply of chips.
I think what you are seeing now are the older chips are no longer being made so it's trickle down GPU wise.
I think what you are seeing now are the older chips are no longer being made so it's trickle down GPU wise.
- Joined
- Mar 29, 2006
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No I meant + you’d have to have a second address and a second card to make another purchase of 1 videocard.
p
uh hu ...
when I pee it seems to trickle down too but unlike taking a pee (compared to GPU pricing the past year) I don't hold back to push up the prices. DDR4 starts at what, $250 for 2x8GB ? No price gouging there but if memory serves, they blame the cell phone makers LOL
uh hu ...
when I pee it seems to trickle down too but unlike taking a pee (compared to GPU pricing the past year) I don't hold back to push up the prices. DDR4 starts at what, $250 for 2x8GB ? No price gouging there but if memory serves, they blame the cell phone makers LOL
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I hope they don’t, mining aside why should I not be allowed to upgrade say our 3 gaming PCs?
Mining rigs have been on CL as long as there have been mining rigs. Only clueless hobbyminers that haven't been in the game long would sell their rig "to get ready for Volta" - like that's going to be any time soon or have sub-stratospheric pricing/availability.
Ampere / Consumer Volta will prob be announced end March at GDC/GTC but not ship until June/July. Won't be able to get your hands on one for long after that regardless, even if retailers limit orders -- flippers with sophisticated bot scripts won't even flinch.
Pascal will not get drastically cheaper when Ampere ships, because global mining power will keep it in place as long as it outperforms its electrical cost. In other words larger operations won't switch out Pascal to add Ampere; they'll simply add Ampere.
I think the GPU shortage is actually going to get worse heading into summer; people crying now have no idea what's ahead.