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Anyone just given up on looking for a new GPU?

FoxEye said:
Article seems to contradict a few people on here who were insisting mining had nothing to do with GPU shortages/prices.
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https://www.extremetech.com/extreme/323781-cryptocurrency-miners-bought-700000-gpus-in-q1-2021

^.... they recon only 25 percent of the available AIB GPUs on the market ended up to miners. Data from Jon Peddie Research.

They state "Reports over the last 10 months have pointed to various additional causes, including low yields at Samsung, GDDR6 shortages, and ABF (Ajinomoto Build-up Film) shortages.". They also state the 25% sold to miners is enough to cause shortages.

Also another good read :-

GDDR6, Other GPU VRAM Pricing Expected to Jump Next Quarter

https://www.extremetech.com/gaming/323612-gddr6-other-gpu-vram-pricing-expected-to-jump-next-quarter
 
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evohicks said:
I had been looking for a 3080fe for a while, not even thought about the 3090fe because of the price but the stock situation has been crazy.
I've been getting alert after alert on the discord/twitter channels and every now and then the Founders edition becomes available, and gone in seconds!

So looking at the second hand market I stood to get over £100 above the value of my 1080ti from a few weeks ago, so it was this, the fact that the 3080FE was like gold dust, the hot topics about vram on the 3080 cards and the opportunity to get the 3090 Founders Edition at MSRP just made my mind up. Yes it's a crazy price but this thing is just awesome and I'm very pleased with this card.
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I think anyone with a vega 64/1080 ti or over should just sit and wait - Do not be tempted by those Ebay prices, you will lose more buying a new card
 
Would like to upgrade to a 6800XT from a 5700XT but rarely see any 6800XT's knocking about. Has AMD totally given up on these cards?
 
Sarge2255 said:
I disagree there, what about all the other products scalped, like NIKE shoes that cost about £100, however they are being scalped for £1000+. The very same shoes cost NIKE £10 to make. Event tickets being scalped , too and much more...

You see, anything scaplers can get their hands on and ripp people off with, is on their list. They would scalp water if there was just about enough to go round.

NVIDIA make a gpu for say £200, and sell it for £650. Any product or card they sell comes with big profits.

SONY and their PS5 , I understand and while it's true they want to sell many consoles to make a profit on the games being purchased. I don't for one moment believe the lies that they tout about they are selling the console at a loss so that they can profit from software sales. You see, these companies operate on substantial profit margins. If you buy a PS5 for £500 , guaranteed it cost Sony far less to make that so there is profit in everything that is sold with a SONY logo on it. Accessories, games , controllers ,.....
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It's quite simple. If something is being scalped then whoever is selling it is selling under market rate and the people buying are re-selling at market rate. Normally an easy way to get to high market prices is with high demand and low supply, so tickets are a good example, there's a low supply because there's only so much physical space in a theatre and if many people want to go, the price goes up. If the people selling tickets don't want to sell at market rate for whatever reason and instead price fix, which sometimes they do due to the request of the performer, then they'll be scalped. The scalping is not what drives the value up, the ratio of supply to demand is what drives the value up.

What decides value is where supply and demand curves meet. If the market is willing to pay a certain price and you sell your goods for less than the market rate then that creates an opportunity for someone to buy the goods and resell them with a markup.

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Retailers who can now sell these cards for whatever they like are simply upping the prices to match what the market value is. That's what OCUK is doing when they raise their prices, they're feeling out the market to see what people are willing to pay. Once they find that sweet spot scalping on the second market then comes to an end because there's no opportunity to buy and re-sell. And of course the AIBs will be selling to distributors like OCUK at higher prices themselves doing the same thing, and so on down the chain to whereever the bottleneck for production is.

Sony famously sold the PS3 at a loss. The reason they don't want to make profits from the console is that the cheaper they make the console the easier it is to buy into their business model. And then once a gamer is invested having bought in, they're locked into that proprietary system and now they have to pay whatever royalties Sony leverage at them because they own the platform. Then they get a constant stream of royalties for the lifespan of the console which dwarfs any kind of profit you could make from the hardware. I've not looked at the PS5 costs so I'm not really sure, it could be sold at a profit but if they are it's not a very substantial one. I bet overall it's not, if you take into account things like years of R&D costs to offset.

A good rule of thumb, if things are price fixed, there's a reason for it. It's not businesses just being super generous and passing on easy additional revenue.
 
PrincessFrosty said:
It's quite simple. If something is being scalped then whoever is selling it is selling under market rate and the people buying are re-selling at market rate. Normally an easy way to get to high market prices is with high demand and low supply, so tickets are a good example, there's a low supply because there's only so much physical space in a theatre and if many people want to go, the price goes up. If the people selling tickets don't want to sell at market rate for whatever reason and instead price fix, which sometimes they do due to the request of the performer, then they'll be scalped. The scalping is not what drives the value up, the ratio of supply to demand is what drives the value up.
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I'm not sure it's entirely that simple in all cases. People don't always act rationally.

Scarcity drives FOMO making people pay more than they normally would.

Ever seen two people bidding on eBay, both determined to win, and the price ends up being higher than they could have bought brand new from a shop? It happens all the time. An example of irrational behaviour that's quite common, in fact.

That people often act irrationally doesn't mean the scalped price is the "real" price. Scalpers sure are cashing in on FOMO right now.
 
Funny OCKs 3070 pricing seems quit 'good' despite being so far of the original MRSP and competitive given the market conditions. The stock has lasted a day those selling on the second hand market should note, they are unlikely to get the 900 quid+ they are after, not when you can buy from a shop and get all the associated benefits (like hasbro sweets). Hopefully stock will grow and prices will come down. I plan to be patient a little while longer but at least there are cards to be had as ii was when I waited out the Vega drought of 2018.
 
Yes I am very surprised that a lot of 3060s and 3070s are in stock on the site now, the prices are still unreasonably high but they are in a much better place than before. Hopefully the situation continues to improve.
 
I suspect there were many gamers who mined on the side and probably weren't counted in that figure. They might have decided to pay the scalped prices of the cards, deciding that mining would help pay the scalped price
 
Wee… Just seen a buy it now price in the £1.4K range for a 3080 Ti (on the bay). The seller had it at over £1.5k+ a few days ago… life is hard being a scalper.
 
As per my system I'm waiting for msrp. Wondering if the next gen of cards will be close to launch by the time that happens.
 
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