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GPU prices go boom

Scramz said:
Again you are reverting to 'if'. Pure speculation.
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Oh-kay, so it seems from that statement you're new to crypto lol. No it's not speculation because difficulty increasing over time is the norm, it's not speculation just like it's not speculation to say the sun will rise to it's apex then fall to a sunset. Difficulty remaining static and the sun being abducted by aliens are the speculative outliers.


Scramz said:
At the end of the day, mining is still profitable even at £800 Vegas.
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It is, BUT the fact remains that instead of buying the Vega you could just buy all the crypto it would make you over the next year and horde it or trade it to increase your money.


Scramz said:
there is a long line of people willing to because there is still decent money to be made.
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I know, I plan on selling them my Vegas when I get back from vacation.


Scramz said:
what will make you more money, cash in the bank at zero interest and investing in a few overpriced GPUs.
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Careful that straw's flammable.
 
Am I the only one who really doesn't give two hoots for mining? I don't have a clue what ROI means or care in truth (unless it comes up in a quiz night in the local :D )
 
Gregster said:
Am I the only one who really doesn't give two hoots for mining? I don't have a clue what ROI means or care in truth (unless it comes up in a quiz night in the local :D )
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RoI - return on investment. You'd be very hard pushed to see RoI on an inflated Vega in less that 8-9 months. I have no idea how you'd do it in 2-3, as has been claimed.
 
ubersonic said:
Oh-kay, so it seems from that statement you're new to crypto lol. No it's not speculation because difficulty increasing over time is the norm, it's not speculation just like it's not speculation to say the sun will rise to it's apex then fall to a sunset. Difficulty remaining static and the sun being abducted by aliens are the speculative outliers.

It is, BUT the fact remains that instead of buying the Vega you could just buy all the crypto it would make you over the next year and horde it or trade it to increase your money.

I know, I plan on selling them my Vegas when I get back from vacation.

Careful that straw's flammable.
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No, it's speculation.

Or you can buy that expensive Vega as a less risky investment than buying the crypto then have the crypto and the GPU.

By all means, cash in on your GPUs. Or put them to mining.

Safe to say I have made a heck of a lot more money with one weeks mining than I ever have in a bank account, ever.
 
Gregster said:
Am I the only one who really doesn't give two hoots for mining? I don't have a clue what ROI means or care in truth (unless it comes up in a quiz night in the local :D )
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I mined back in 2014 with 6*750ti. That's why I have no interest in mining now... Sure, there are people making money, but some are going to be hit really hard. The whole thing is a con driven by criminals.
 
Bonjour said:
RoI - return on investment. You'd be very hard pushed to see RoI on an inflated Vega in less that 8-9 months. I have no idea how you'd do it in 2-3, as has been claimed.
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Before this current correction, the last 4-5 months ROI has been 2-3 months with Vegas on Crytonight algos. It is a bit longer now though.
 
Uriel said:
With Raven Ridge making low range irrelevant and cryptocurrency creaming off the high end, I can seen there being essentially no gaming GPU market for a while.

AMD Could have quite a chunk of market to themselves were they to release a Ryzen 7 APU with RX580 equivalent performance. They'd probably need DDR5 to get enough memory bandwith to make it feasible though. It's not on the roadmap at present but we'll see what the future brings.
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I'm sure that what they plan to do on 7 nm next year.
 
It's a bit late now though.. It takes ~ 3 months to produce new chips from scratch, that decision should have been made back in late December - now is too late in some respects.
 
opethdisciple said:
Reports that AMD are going to increase production of GPU's. That should bring down prices a bit.
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I don't think the stock is an issue just looking quickly at the number of 1080tis on the store page I estimate even if 10+ just means 10, there is at least 75 plus 1080ti sitting at Ocuk. hardly a shortage is there
 
Gregster said:
Am I the only one who really doesn't give two hoots for mining? I don't have a clue what ROI means or care in truth (unless it comes up in a quiz night in the local :D )
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I have never done any mining either.

I don't believe in using a lot of electricity to make a few quid as it is not exactly environmentally friendly.
 
Roughneck said:
I don't think the stock is an issue just looking quickly at the number of 1080tis on the store page I estimate even if 10+ just means 10, there is at least 75 plus 1080ti sitting at Ocuk. hardly a shortage is there
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There is just a shortage of crazy people willing to pay 1000+ for a GPU.
 
Roughneck said:
I don't think the stock is an issue just looking quickly at the number of 1080tis on the store page I estimate even if 10+ just means 10, there is at least 75 plus 1080ti sitting at Ocuk. hardly a shortage is there
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Haven't looked at the stocks but we are talking about AMD cards here not Nvidia.

I don't see the Nvidia cards as over inflated as the AMD GPU's.
 
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String said:
Sure, there are people making money, but some are going to be hit really hard. The whole thing is a con driven by criminals.
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Who is going to be hit really hard? I have seen people say this a lot, but, who exactly? The miners? the investors? Who?

As for it been a con driven by criminals. Nope, it ain't and if you think it is then you really have no understanding of blockchain. Blockchain is only going to get bigger. It's already been used in business, they are already using it for large transactions.
 
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