Catch 22 though, if miners weren't buying all the cards, the price wouldn't rise.
If people were just using a couple of GPU's each, rather than 10's for "home miners" and thousands for industrial scale, then prices would have stayed at RRP.
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GPU prices go boom
- Thread starter RavenXXX2
- Start date
Catch 22 though, if miners weren't buying all the cards, the price wouldn't rise.
If people were just using a couple of GPU's each, rather than 10's for "home miners" and thousands for industrial scale, then prices would have stayed at RRP.
Soldato
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Why who controls the price, miners?
Indirectly, yes. Miners create virtually infinite demand, which due to finite supply, forces prices up and causes shortages of cards everywhere.
You know that.
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Just thought I'd make some more gamers cry, 130 x 1080Ti in a mining rig.
Crypto pr0n for those that are in the game
And for those wondering why we do it, that setup above would cost around $150,000 to build, it would generate ~$800 a day in revenue and pay for itself within 6 months, after which you would be banking $24,000 a month for how ever long you keep it running.
Crypto pr0n for those that are in the game
And for those wondering why we do it, that setup above would cost around $150,000 to build, it would generate ~$800 a day in revenue and pay for itself within 6 months, after which you would be banking $24,000 a month for how ever long you keep it running.
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Just thought I'd make some more gamers cry, 130 x 1080Ti in a mining rig.
Crypto pr0n for those that are in the game
And for those wondering why we do it, that setup above would cost around $150,000 to build, it would generate ~$800 a day in revenue and pay for itself within 6 months, after which you would be banking $24,000 a month for how ever long you keep it running.
That is either a good example of a greedy selfish person destroying the gpu market for gamers. or a clever opportunist taking advantage of a hyped up coin. I can't decide if i hate them or im jealous and want to be like them.
At 32 kW/h + I don't think that being run at home.
Must be some decent heat extraction in the roof.If that was in the UK it would be costing £90 - £100 per day to run.
You should envy them.
Think of it this way: more cards sold first hand means more profit for the card makers.
Look at Nvidia's earning reports and projected revenue, gaming cards up! Remember a few years back there was all that talk of PC gaming being dead?
Soldato
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It's the buy-to-let of computing. You can't blame them for doing it, but they're screwing up the market for the majority. Though to be fair, buy-to-let is about a million times more destructive to society than expensive GPUs. All of us can live without graphics cards. None of us can live without homes.
Erm... remind me what happens if all the GPUs are sold to miners from here on out?
That's good for PC gaming? I must be quite thick as I don't understand how it's good for PC gamers if they can't buy a GPU.
I understand prices are high today, at this very moment in time, but they wasn't last week. I picked up 570s for £208 and saw 580s for not much more. Even OCUK sold off abunch of 570s for sub £210.
If you look, you will find them not inflated. People need to chilled out and just wait for the stock to roll in.
It's not destroying PC gaming. Those who want to PC game will continue to buy DLC packages and game on.
If you look, you will find them not inflated. People need to chilled out and just wait for the stock to roll in.
It's not destroying PC gaming. Those who want to PC game will continue to buy DLC packages and game on.
Soldato
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Just checked the 1080 Ti Strix OC and it used to be around £750 around August time from OCUK when I bought mine, It's now £929.99.
Strix OC with before 12 shipping which costs roughly £20 and a fan which cost £20, So roughly £750 for the actual card, That's a £180 price increase and there's still lots of stock.
I'd love to see OCUK's reason behind this outside of just "because people will pay it" as this is just pure greed, Not blaming OCUK as I know they are a business and not a charity but it's gone a little overboard now.
Strix OC with before 12 shipping which costs roughly £20 and a fan which cost £20, So roughly £750 for the actual card, That's a £180 price increase and there's still lots of stock.
I'd love to see OCUK's reason behind this outside of just "because people will pay it" as this is just pure greed, Not blaming OCUK as I know they are a business and not a charity but it's gone a little overboard now.
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Soldato
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You'd better hope the crypto market doesn't collapse in the next six months then or you'll have one hell of an overdraft to pay off!
Just checked the 1080 Ti Strix OC and it used to be around £750 around August time from OCUK when I bought mine, It's now £929.99.
Strix OC with before 12 shipping which costs roughly £20 and a fan which cost £20, So roughly £750 for the actual card, That's a £180 price increase and there's still lots of stock.
I'd love to see OCUK's reason behind this outside of just "because people will pay it" as this is just pure greed, Not blaming OCUK as I know they are a business and not a charity but it's gone a little overboard now.
I can't see many gamers paying that much as you could get this and probably the next generation of xbox for less than that price. Im glad i got mine for £666 in july.
Nothing will change until GPU mining isn't profitable.
If you're in the market for a new GPU for gaming, best bet is just to buy a console to enjoy your games on until Proof of Work crypto dies the death it so desperately deserves.
The distributors have put their prices up because retailers are fighting each other for the stock (as their customers are fighting to buy).
MadnessJust thought I'd make some more gamers cry, 130 x 1080Ti in a mining rig.
Crypto pr0n for those that are in the game
And for those wondering why we do it, that setup above would cost around $150,000 to build, it would generate ~$800 a day in revenue and pay for itself within 6 months, after which you would be banking $24,000 a month for how ever long you keep it running.
Soldato
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- 19 Feb 2007
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- Northampton
That makes sense I suppose.