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That's the state of the market no need to take cheap shots at Gibbo. Many of us appreciate the insights he provides.
Same here tempted 6800 but price still too high for me with new gen on horizon. Sticking with my 2080. I've been checking prices but will now stop and check again in couple of months to see if dropped.
I am not sure AMD or Nvidia are the ones pricing things this high, more like AIB's are?
Considering the FE's sold directly from Nvidia are MSRP just never in stock.
True.Funny that! Both vendors are recording record profits, everyone is on the take
Funny that! Both vendors are recording record profits, everyone is on the take
That said, with next gen in 7-8 months, maybe I should just get a 3060 to fix my immediate performance problems right now, and plan on a 4000/7000 series next year...
I think most people are overlooking the probability of another crypto boom in the latter part the year. The last one hasn't finished and it is only taking a breather.
I think even these current gen GPU prices will go back up. The only thing that could stop it is if Ethereum become POS and that might happen by the end of the year.
I think most people are overlooking the probability of another crypto boom in the latter part the year. The last one hasn't finished and it is only taking a breather.
I think even these current gen GPU prices will go back up. The only thing that could stop it is if Ethereum become POS and that might happen by the end of the year.
ETH Merge NOT happening in June ; no difficulty bomb.
Even if crypto does boom and eth is delayed until year end or even next year, miners would still have to think very carefully about if it is worth buying in and since cards are still overpriced for the performance they offer (historically speaking) with payback needing over a year, I'm not convinced it is.
Like.. we said then!Also flood of GPU's in April!!!!!
These jokers not materialised for a while have they?
April 29th will be the dev call - but it looks like next year (possible September but likely next year)
miners would still have to think very carefully
Perhaps I don't understand the mining "community" well enough to say this. But I suspect that many miners are not so smart. When crypto prices boom, GPU prices also go up. It makes little financial sense. It's like buying an asset at inflated prices, when they are only going to be at that level for a few weeks before dropping. I suspect that many noobs decide to get into mining when prices are in the bubble stage. It takes months for a miner to make back their money on GPU and energy costs.
Isn't the sensible thing to mine when prices are low and then sell when they become high?
Thus I don't think miners will be as rational as you think. They will FOMO when ETH goes back up in value.
Well, you might be right, but I'd say one of the reasons that availability is better now is because many miners have done the calculations and have sold up, or stayed out of the market, knowing what was coming (in terms of electric/gpu costs and eth pos).
Perhaps I don't understand the mining "community" well enough to say this. But I suspect that many miners are not so smart. When crypto prices boom, GPU prices also go up. It makes little financial sense. It's like buying an asset at inflated prices, when they are only going to be at that level for a few weeks before dropping. I suspect that many noobs decide to get into mining when prices are in the bubble stage. It takes months for a miner to make back their money on GPU and energy costs.
Isn't the sensible thing to mine when prices are low and then sell when they become high? And by sell I mean sell both the tokens and the GPUs.
only if mammy and daddy are paying for electrictyMaybe it will be a mixture? The veteran miners are selling but the noobs will buys GPUs if ETH rallies again?