When the Gpu's prices will go down ?

[Changesx]

I think as soon as ETH is obsolete for mining then the prices of GPUs will slowly drop. More GPUs will become available unless people are scalping them. The prices for GPUs did dip a little bit after the crypto crash a couple of months ago so that’s what I’m basing my answer on.


I think naturally, the prices of GPUs will go up due to the silicon shortage.

 

[Szydero]

Never, End of story.


If you are smart enough then you can still get a GPU for much more less than anywhere.

 

[Harlequin]

I think as soon as ETH is obsolete for mining then the prices of GPUs will slowly drop. More GPUs will become available unless people are scalping them. The prices for GPUs did dip a little bit after the crypto crash a couple of months ago so that’s what I’m basing my answer on.


I think naturally, the prices of GPUs will go up due to the silicon shortage.

1 year ago Nvidia `launched` the RTX 30xx series

 

[THX1138]

Who is buying them from CEX at the inflated prices is what I can't get my head around. Some of their prices are still higher than what GPU's are actually selling for

If they are not the LHR cards. Miners will pay over odds.

 

[njblue]

Starting to see lots of 3060ti in stock but not selling hopefully will bring price down best I have seen is £590

 

[RBImGuy]

as long mining is as it is, expect this to continue
while a 7600xt will replace the current 6900xt next year with a 128bit bus and likely at a 800 euro price.
wont mean much unless mining value is dropping off

 

[The_Arbiter]

I'm wondering if the huge price increase in energy may start to come into play in the UK. Though if it does make an impact i think we'll only see any benefits (GPU price/supply) start a little bit after when the next shipments hit the stores.

However as with all the doom and gloom for the past year i'm not counting on anything. Just hoping the Series S stays in stock long enough for some post xmas sales

 

[LtMatt]

I was just thinking the energy price increases will affect mining before long.

 

[shamus21]

I was just thinking the energy price increases will affect mining before long.

It will depend on what parts of the world where you have your mining setup. For the small miners and part timers in could be a problem but the real issue is what the Chinese government do a bout crypto China are the biggest players in the mining game and also the largest buyer of GPU`s.

 

[Darujhistan]

The energy price increases will hit rip-off unfettered free market Britain hardest with already the most expensive energy in Europe.

 

[Harlequin]

Go go brexit

 

[Game]

mining is not even the main cause of prices now

the global supply chain is nakered to put it bluntly

as for energy prices was reading yesterday and every European country has declared it a crisis Spain and Italy are talking about payments to low income families

and the eu is holding crisis talks this week

they have been using the stored supplies now Russia will not sell them anything extra to top them back up outside of the contracted deals

 

[Harold lloyd]

16th October is my guess.

Not far off now are you still sticking to this?

 

[Harold lloyd]

mining is not even the main cause of prices now

the global supply chain is nakered to put it bluntly

as for energy prices was reading yesterday and every European country has declared it a crisis Spain and Italy are talking about payments to low income families

and the eu is holding crisis talks this week

they have been using the stored supplies now Russia will not sell them anything extra to top them back up outside of the contracted deals

It's the energy supply which is knackered.
You need plenty of cheap energy to keep the global supply chain running at the usual rate.

 

[4K8KW10]

"China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin.

"Virtual currency-related business activities are illegal financial activities," the People's Bank of China said, warning it "seriously endangers the safety of people's assets".

China is one of the world's largest crypto-currency markets.

Fluctuations there often impact the global price of crypto-currencies.

The price of Bitcoin fell by more than $2,000 (£1,460) in the wake of the Chinese announcement."

China declares all crypto-currency transactions illegal - BBC News

 

[Harlequin]

Again huh

 

[GAC]

Again huh

bit like apple investigating child and prison labour every few years. nothing changes.

 

[Poneros]

For amateur British miners it just means they should orientate themselves towards the supremely efficient 6600/XT.

 

[4K8KW10]

Chinese Regulators Are Serious About Banning Crypto This Time
Chinese Regulators Are Serious About Banning Crypto This Time (msn.com)

"(Bloomberg) -- Chinese officials have taken steps for months to crack down on cryptocurrencies, with mixed effects. On Friday, they tried to erase any doubts about their intentions.

In statements that were the most extreme and unequivocal so far, authorities on Sept. 24 said crypto transactions in China are banned and they will root out mining of digital assets. Almost immediately, the popular offshore exchange Huobi stopped allowing new users to register with a mainland China phone number and in a statement Sunday said it would “gradually retire existing mainland China user accounts” by Dec. 31."

 

[Joxeon]

mining is not even the main cause of prices now

the global supply chain is nakered to put it bluntly

as for energy prices was reading yesterday and every European country has declared it a crisis Spain and Italy are talking about payments to low income families

and the eu is holding crisis talks this week

they have been using the stored supplies now Russia will not sell them anything extra to top them back up outside of the contracted deals

The government shouldn't have been so hasty to ditch fracking it seems.