• Competitor rules

    Please remember that any mention of competitors, hinting at competitors or offering to provide details of competitors will result in an account suspension. The full rules can be found under the 'Terms and Rules' link in the bottom right corner of your screen. Just don't mention competitors in any way, shape or form and you'll be OK.

any idea when OC will get GPU cards in

Like I said, I believe mining is a factor, but I don't think that it is the solitary or even main one. Back to my example of cars - We bought a car at the beginning of the year, seemingly just before the great chip shortage really took hold. Currently on a well known valuation website, I could get £3k more than I paid for it. Think about that, a second hand car has GONE UP in value. That never happens.

Games console production cannot meet demand. Their price is set by Microsoft and Sony to bring people in to an ecosystem so market wise, price is misleading. I don't think mining is the reason.
Cars cannot meet demand. I don't think they are mined on (Gonna leave Tesla out of this, they seem to be able to do something new each week!) Their prices have gone up considerably.
iPhone 12 got delayed last year to ensure that there was sufficient stock. That's a delay despite the amount of TSMC they get. Don't think that they are mined on.
Samsung phones are being delayed. Don't think that they are mined on.

I'd say that there are more issues than mining here.
 
None none of these things have rocketed to 2X the retail price though despite the shortages and the console shortage is compounded by disgruntled gamers turning their back on PC gaming in favour of consoles which can still be brought at MSRP.
 
Second hand car gained £3k in value. Traditionally it would probably lose about that amount, so a £6k swing. Also, bear in mind a valuation website is likely to be undervaluing. Maybe not a 2x swing, but the car was originally £15k. a £6k swing? That's still more than 33%, and mining has nothing to do with cars. GPUs are badly hit price wise, I am not denying that, but my point is mining is one reason, but not the only reason.

Consoles can be bought at MSRP? Typing Xbox Series X into google and trying to purchase one in stock at the RRP of £449 is not a possibility as far as I can see. A brand new one from a retailer cannot be bought as far as I can see. As for smartphone prices, they have been spiralling for a number of years to milk demand and can probably afford to absorb a reduction in profit in the short term. A quick look on EE for an iPhone 13 shows the cheapest deal base model at £50 per month. To be fair, that's probably similar to before, but as stated, they were massively overpriced, and improvement in phones have (at least in my opinion) plateaued significantly.

Hell, I think there were even difficulties with Ryzen 5000 series processors at first, wasn't there?
 
It will be interesting to see when 3080's are back at original MSRP? Could be first time an end-of-life gpu is 50% more expensive than when released. Crackers!
 
Joxeon said:
None none of these things have rocketed to 2X the retail price though despite the shortages and the console shortage is compounded by disgruntled gamers turning their back on PC gaming in favour of consoles which can still be brought at MSRP.
Click to expand...

Consoles have to be sold at MSRP and they are all therefore sold out.

If manufacturers didn't force them to sell at MSRP you can guarantee they would have doubled in price.
 
Psycho Sonny said:
How does scalpers create a shortage?

They are simply selling them on to the end user. Who will use them and therefore is no longer in the market for a GPU.

Use some logic before making a flawed argument.
Click to expand...
Well if you look around there is plenty of stock for the right price, so by that logic there is no GPU shortage. By shortages we mean prices getting pushed up due to higher demand than supply. There's no doubt that scalpers contributed to that.

I'd suggest you take your own advice.
 
Joxeon said:
You guys keep on deluding yourselves if you think ethereum isn't the driving force behind the shortages and prices, I guess once it goes POS we'll see who was right. :)
Click to expand...

The 2nd hand market crash in 2022 will make the 2014 and 2018 ones look like small bumper to bumper shunts. Remember when in 2018 Jensen had to admit at an investor call that he had to delay Turing 3 months due to crypto crash?
 
Also don't forget the lawsuit:

The lawsuit claimed that roughly 60-70% of Nvidia’s sales in China, its largest market, were to miners in 2017 and 2018. That alone might not have been an issue, but the company was accused of keeping the extent of the mining industry’s influence on its success a secret from investors by attributing those sales to its Gaming division.
Click to expand...

So they didn't mind it propping them up that gen...
 
Harlequin said:
They didnt crash in the second hand market either.....
Click to expand...
The main difference this time is that ETH mining will cease to be a thing and there are many more cards mining now than in 2018 so ETH miners will be need to either move to other coins which are already less profitable and will be even move so as the difficulty increase and energy costs spiral or sell their cards.
 
They most certainly did. I bought two 7970s @£120 to crossfire for the elite dangerous beta off the back of the Bitcoin crash. I remember seeing 1070s quickly drop to £150 on the 2nd (ethereum) crash.
 
Joxeon said:
The main difference this time is that ETH mining will cease to be a thing and there are many more cards mining now than in 2018 so ETH miners will be need to either move to other coins which are already less profitable and will be even move so as the difficulty increase and energy costs spiral or sell their cards.
Click to expand...

ETH mining wasnt a `big thing` in 2014 either (clue, it didnt exist then, ETH started in 2015). Denial isnt a river in Egypt and mining wont end with either the ice age or when ETH maybe goes PoS. You might notice a trend in crypto - 3 years boom and bust cycle, which has little to do with mining.
 
OCUK wern't selling many new 1070s then. It'd changed to mostly 1070tis only.

Again I said 2nd hand. My point is that next year the flood of 2nd hand cards will bring new prices back to a realistic level.

I remember forum posts asking Gibbo at the time how they were coping with the competition from the 2nd hand pricing. The response was that they were still selling cards just fine at near rrp, that lost of people just don't ever look at the 2nd hand market at all. I know that does contradict my overall point slightly!
 
Harlequin said:
ETH mining wasnt a `big thing` in 2014 either (clue, it didnt exist then, ETH started in 2015). Denial isnt a river in Egypt and mining wont end with either the ice age or when ETH maybe goes PoS. You might notice a trend in crypto - 3 years boom and bust cycle, which has little to do with mining.
Click to expand...
I didn't mention anything about 2014 so not sure what your on about there, the point I'm making is that back in 2018 while ethereum dropped it was still minable, this time around though it's going POS so everyone mining ETH will have to move to something else if they want to continue mining but the next best coins to mine are already only half the profitability of ETH while differculty is fairly low so once people start switching to other coins the differculty of those coins will rocket and profitability will tank, couple that with rapidly increasing energy costs and it will be better to just sell the cards and directly invest into the coins rather than mining at a loss.
 
You must log in or register to reply here.
Back
Top Bottom