Graphics Card Prices Expected to Drop in July

Because of me and my fellow miners you will soon have easy access to plentiful, HEAVILY discounted tech. So, I guess all I can say is...

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LOL yeah thanks for the great prices on used GPU's that have been ragged out. Oh and thanks for GPU prices floating around 200-300% over their MSRP assuming you could find them in stock at all for about a year. And as a bonus favor, because of the crypto fad that wreaked havoc on the GPU market, Nvidia is overstocked with GPU's and still hasn't released the replacement for the 2+ year old 1000 series.

Look, I understand y'all were just trying to earn some extra cash, I get that and can't really blame you but there is no denying that the mining frenzy tee totally fucked up the GPU market and fucked over gamers in the market for a new GPU.
 
Because of me and my fellow miners you will soon have easy access to plentiful, HEAVILY discounted tech. So, I guess all I can say is...

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Why the fuck would I want to buy a HEAVILY discounted piece of tech that's been HEAVILY used and abused with no warranty? I'm not in the market to buy used hardware that costs over a hundred dollars. Again, you're not doing any of us a favor.
 
That's like saying "because of all those damn car enthusiasts I can't afford that Tesla Model 3 I wanted". It's a pure luxury good, pay the asking price or don't buy one, very very simple. You wouldn't sell your house for $100k under market value because some lazy clueless internet asshole "feels" it's not worth that much would you?

That's where you lost me, you compared a luxury item to a home after the fact that you made your argument about a luxury item.
 
Love to get a sapphire nitro Vega 56 at msrp. Let's just see if the prediction holds up.
 
Miners are still trying to charge WAY too much for their heavily used and abused cards. The used mining cards I've seen go for sale are often above the price of the brand new in warranty cards!

Of course prices will crash now. That's what happens when the miners stop buying and start selling. I'll just keep waiting until the market crashes even further and then buy.
 
so the mining craze is finally coming to an end?
This one is. Until the next go around. It's a cycle that seems to reset every couple years.

Miners are still trying to charge WAY too much for their heavily used and abused cards. The used mining cards I've seen go for sale are often above the price of the brand new in warranty cards!


Of course prices will crash now. That's what happens when the miners stop buying and start selling. I'll just keep waiting until the market crashes even further and then buy.


Wait a little for the market dynamics to kick in. As more start to dump, the others will realize they're overpriced and drop their prices. More will enter and go lower to sell quickly. It'll be a race to the bottom as fear of taking a huge hit on the card value kicks in.
 
I'm not in the market to buy used hardware that costs over a hundred dollars.

This really ends the discussion for a value proposition to you.... other than the dumping of GPU's that is expected from every manufacturer next month. How often do you cycle through your GPU's? If it's frequent, you must off-load the old ones somewhere. You must think there are a lot of suckers out there, eh? If it's not frequent, then what's your complaint? Wait a few months and reap the benefits of a flooded market.

Whatever the case, it is what it is. If buying used gear isn't your cup of tea, so be it. For others, however, I think there are great benefits to being in this environment as it evolves a bit.
 
Half of new pricing on a former mining card that already made the original owner all those Cryptillions!

I’ll buy three. :D
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Why the fuck would I want to buy a HEAVILY discounted piece of tech that's been HEAVILY used and abused with no warranty? I'm not in the market to buy used hardware that costs over a hundred dollars. Again, you're not doing any of us a favor.
Im with you there, it should be super cheap, 1080 super cheap 1070 for 50$ or less , stuff like that... Otherwise no, like you say no warranty, fans probably going, its just to worth it, unless super cheap.
 
Is it safe to buy a card that has been used for mining 24/7 for the last year plus?
That all depends on how it was treated. If it was running at 100% power and even overclocked all the time it was mining, it's a risky buy. If it was run like my 3 cards, at like 70% power and making sure to never break above 70c, and no overclocking but in fact underclocking based on the temp, then it's a very safe buy. Also miners often have their GPUs on rigs with direct exposure to room temp and not in any box. After realizing how practically every computer case is a detriment to cooling, I'm eyeballing flat wallmount setups just for my gaming PC.
 
Didn't Bitcoin drop to $6000 today? That may have more of an impact in prices.

This.

Many other crypto currencies have dropped even more, some to basically worthless values.

The more the crypto keep dropping, the more miners will give up and dump their hardware.
 
/not holding my breath either

Murphy's Law though, GPU's will drop... because I just bought my new one yesterday :/
/just couldn't wait any longer :(

Haha you and me both. I just go a vega 56. Wonderful compared to the 290x heater it's replacing
 
Because of you and your fellow miners I couldn't afford to purchase the card I wanted. I don't feel welcomed at all.

You can't always get what you wanted.
But if you try sometime, you just might find, you get what you need.

Besides, it's not the miner's fault your poor, and it's not their fault you didn't get in to mining like they did.
 
Miners caused the prices to go up in the first place don't forget that part.
 
Haven't the real miners ditched gpu and are using specialised boxes now anyway?

I'd love to see them release these high end cards at like $20 a pop just to fuck over the vendors who are still on heaps of inventory thinking the mining will continue forever. Don't forget it's the vendors who are priority supplying and speculating off the miners who are the real problem.
 
Bid on a Vega 64 on EBay for $399, well it is North of that now. Pricing not low enough yet.

Now as a miner I may have detroyed/burnt up my Nano, it was doing some strange things as in clocking way past it's max clock speed in spurts. Now with any kind of mining load it will error constantly. Still have not tested it in another motherboard to verify it is the card.
 
Sorry, already ROId. LOL

Pay attention people. Miners are laughing thier arses off as they already forced the prices up on video cards. Cards they got for free due to mining, and then they dump thier old cards into the market at inflated prices, so gamers can buy them. They make more money.

I guess the miners are smarter than gamers. They have managed to kick the gamer in the nads and have the gamer ask for more. Making gamers second class citizens in the need of graphics cards. Yes, go ahead and buy those cards from miners and keep them laughing all the way to the bank and at how stupid gamers are.

Brilliantly played miners, brilliantly played.
 
It really depends, miners undervolt the GPU. If the owner is savvy enough, took care of the card, never got it running over 70°C and used proper cooling, it will run as realiable as any used card. So check if the guy is serious about it

Suddenly everybody thinks that miners are brainless and don't take care of their income tool...

Edit: I can't even english

I'll say the same thing to every miner offering to sell the card

1. I don't know how long you worked it or how hard. Parts wear out.

2. If you custom modded the card how do I know you reset it back so it's performance doesn't suck

3. Miners are looking for free money for nothing. While some might be reputable people I can see others with the "f it, I got my bit coin I could care less about the guy I'm selling it to."

4. If it's a high end card and it is maki them money why are they dumping it? There is nothing higher available
 
I think miners are holding off puchases as they caught wind by now the 1180 is coming.

And card mfg are dumping stock for the same reason.

The good news is existing cards will move down in the ranks as more efficient cards debut, thus decreasing their desirability like the rx560 has a huge price gap to a 570/580 as miners could care less about them.

I predict 580s hitting the 240 price point sustained. Rebranded 1080 with some minor mods (1170 I'm guessing) will be $100 cheaper.
 
That's where you lost me, you compared a luxury item to a home after the fact that you made your argument about a luxury item.

GPUs = Luxury
Tesla = Luxury

Both highly sought after items that are under extreme market demand.

Home - basic necessity since everyone needs a place to sleep -- that's the example of some kick ass profit on my end and where I benefited from mining. It was not an example towards paying the market price (even though it does fully fall under the whims of the market)

The cycle of boom vs bust in the housing market is over the span of multiple multiple years and not nearly as fast as the rise/fall of GPU prices. Hell look at the history of CA gold rush. Early adopters made out quite well, once the true boom started the people making the real money were the ones selling the shovels. Same with crypto, I remember seeing built GPU rigs all over craigslist for crazy prices. There's always someone out there who doesn't do their research or runs any numbers before he jumps in head first.


At the end of the day, making any decent money in the crypto world is just like anything else, people who can see opportunity where others don't. Stock market, housing market, flipping cars, you name it. The people who understand their respective markets usually come out on top. People have lost their ass in the stock market, as well as the housing market. I could empty my savings account, dump it in the stock market and (probably) lose my ass, when all it said and done if I start bitching and complaining about those who did well... I just look like a butt hurt retard.
 
You can't always get what you wanted.
But if you try sometime, you just might find, you get what you need.

Besides, it's not the miner's fault your poor, and it's not their fault you didn't get in to mining like they did.

This is one of the most asinine assumptions I have ever read.
 
Pay attention people. Miners are laughing thier arses off as they already forced the prices up on video cards. Cards they got for free due to mining, and then they dump thier old cards into the market at inflated prices, so gamers can buy them. They make more money.

I guess the miners are smarter than gamers. They have managed to kick the gamer in the nads and have the gamer ask for more. Making gamers second class citizens in the need of graphics cards. Yes, go ahead and buy those cards from miners and keep them laughing all the way to the bank and at how stupid gamers are.

Brilliantly played miners, brilliantly played.

:rolleyes: nuff said.
 
I'll say the same thing to every miner offering to sell the card

1. I don't know how long you worked it or how hard. Parts wear out.

2. If you custom modded the card how do I know you reset it back so it's performance doesn't suck

3. Miners are looking for free money for nothing. While some might be reputable people I can see others with the "f it, I got my bit coin I could care less about the guy I'm selling it to."

4. If it's a high end card and it is maki them money why are they dumping it? There is nothing higher available

Your number 3 amused me -- take any one from anywhere, and ask them if they would like "free money for doing nothing", how many "No's" do you think you will get? From my perspective as a miner, it's easy money. I'm trading time/energy for crypto, it might be barely profitable currently but time is a variable that can change things in your favor by orders of magnitude.

To answer your other points:
1) fans are going to be the only "consumable" item on a GPU. If you are running the card undervolted, and keeping ti clean, and fed with a good PSU, I've run GPU's for upwards of 4 years 24/7 with no issue. I actually wound up giving a few away just because the PCie slot it was in was more valuable to me than the card

2) you can checksum the bios to see if it was flashed, can always restore to OEM if needed. I personally don't bios mod because lazy.

4) Depends on their end goals: after the first bust from $1000 in the BTC world, I made the mistake of saying "fuck it" and selling off my small farm. It was all high end 7950s and 7970s at that point. Sold them cheap and fast, everyone was happy. Looking back it was a mistake of course :) Some people have life events that mean they can't have banks of GPU's around the house, others move to areas that don't have favorable electric rates.

What's hilarious to me is that so many people can't wrap their heads around the concept of "it's only worth what someone is willing to pay". That in and of itself is a two way street. How many people here would sell their (Nice) car to me for $2500 when they can walk into any dealership and get $7500 trade in value for it? Would you take a $5000 hit if I told you "but I really really like driving"
 
agreed -- forever was a loose term.... 4 years of 24/7 use and no failures is still quite beastly in the hardware world. It outlived it's usefulness though lol
 
I'll say the same thing to every miner offering to sell the card

1. I don't know how long you worked it or how hard. Parts wear out.

2. If you custom modded the card how do I know you reset it back so it's performance doesn't suck

3. Miners are looking for free money for nothing. While some might be reputable people I can see others with the "f it, I got my bit coin I could care less about the guy I'm selling it to."

4. If it's a high end card and it is maki them money why are they dumping it? There is nothing higher available

Dude, you're out of line calling out "miners" like this. I have sold a number of cards to several members here on [H], and I am a very conscientious seller. I haven't tried to screw over anyone and have engaged each transaction with great transparency.

Most miners - especially here - are honest guys. Seriously, you don't like GPU prices? Fine. But don't impune the honor of all miners because you're sandy.
 
Miners caused the prices to go up in the first place don't forget that part.
Not according to Nvidia and AMD’ s earning reports. If I recall correctly they both claimed crypto mining was less than 10% of their GPU sales.

I didn’t believe that then, and i don’t believe it now.
 
Not according to Nvidia and AMD’ s earning reports. If I recall correctly they both claimed crypto mining was less than 10% of their GPU sales.

I didn’t believe that then, and i don’t believe it now.

What does not percentage of gpu sales have to do with the price itself going up?
 
What does not percentage of gpu sales have to do with the price itself going up?
Because less than 10% increased sales volume doesn’t drive prices to the moon (2-3x MSRP, and create barren “out of stock” conditions in both brick and mortar and online sales places (Nationwide, if not Worldwide) for months on end.

I’ve been a PC enthusiast for 30 years and I never saw anything like that hardware market.

Accounting for less than <10% sales my rear...
It’ll be interesting to see Nvidia and AMD’s sales reports for q2, 2018, and q3, 2018 as compared to q4, 2017 and q1, 2018. I look forward to them trying to explain to investors how that volume drop occurred —- since they previously said it wasn’t crypto in their financial overview reports.

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Not to mention there is now talk that Nvidia has a YUGGGGGE surplus on their hands because why?

Did gaming die?
Did compute or AI die?
Did video productivity work die?

No

Crypto’s profitabilty has fallen to the point miners aren’t purchasing everything they can find. That, is by any logical viewpoint, the reason the cards are now available again ——and available in plenty everywhere.
 
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Rejoice brothers! The long suffering is almost at an end!
I would really like to believe that, but we've already been through 2 cryptocurrency mining plagues, won't be long before the next one comes along.
 
Your number 3 amused me -- take any one from anywhere, and ask them if they would like "free money for doing nothing", how many "No's" do you think you will get? From my perspective as a miner, it's easy money. I'm trading time/energy for crypto, it might be barely profitable currently but time is a variable that can change things in your favor by orders of magnitude.

To answer your other points:
1) fans are going to be the only "consumable" item on a GPU. If you are running the card undervolted, and keeping ti clean, and fed with a good PSU, I've run GPU's for upwards of 4 years 24/7 with no issue. I actually wound up giving a few away just because the PCie slot it was in was more valuable to me than the card

2) you can checksum the bios to see if it was flashed, can always restore to OEM if needed. I personally don't bios mod because lazy.

4) Depends on their end goals: after the first bust from $1000 in the BTC world, I made the mistake of saying "fuck it" and selling off my small farm. It was all high end 7950s and 7970s at that point. Sold them cheap and fast, everyone was happy. Looking back it was a mistake of course :) Some people have life events that mean they can't have banks of GPU's around the house, others move to areas that don't have favorable electric rates.

What's hilarious to me is that so many people can't wrap their heads around the concept of "it's only worth what someone is willing to pay". That in and of itself is a two way street. How many people here would sell their (Nice) car to me for $2500 when they can walk into any dealership and get $7500 trade in value for it? Would you take a $5000 hit if I told you "but I really really like driving"

I'm a no. It's the same reason I don't pirate or run exit nodes or torrents.

It's a matter of personal ethics.

And your comparison of used house and cars is flawed.

Used houses and cars can be inpsected before you buy them. And you can buy a warranty on them for peace of mind. If something breaks it can be repaired.

If you submit a used mining card and the mfg gets wind of this through rom modified burn fuse your warranty is void. And there's the chance you worked two years out of it's useful life. Paying full msrp on a used card is assinine when it's useful life and warranty are shrinking. Hell I would at best pay 1/2
 
just until the next one then wash rinse repeat.
Exactly it's just slowing until the next GPU refresh probably though it might not last a long next time around with more prevalence of dedicated mining ASIC's. The bigger issue is this generation of cards I'm no longer interested and wasn't too impressed even when they initially launched. It's was progress over the generation before it, but entirely too marginal.
 
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