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Anyone just given up on looking for a new GPU?

Soldato
Joined
6 Feb 2019
Posts
10,873
I actually do feel that it's a rip off. Previous mid range card I've purchased have alway been sub £200 and these are pushing £400. In those 7 years my wages haven't doubled.

my wages have nearly tripled in 7 years, but that's a different story.

The component price inflation has very little to do with wages. The world economy is fueled by debt - your wages did not go up but the amount of debt you can borrow has increased hugely
 
Associate
Joined
28 Mar 2017
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294
Location
Lincoln
Too much salt in this thread.

Stop blaming capitalism because you can't afford a GPU upgrade. Especially when you clearly have no idea what free market capitalism is. Hint: without it there wouldn't be any GPU's to buy as they wouldn't exist.
 
Soldato
Joined
12 Jan 2009
Posts
6,276
I can get £400 for my 1080Ti that brings down the 3080 to £800ish. That will be a 60% increase in performance in my rig so when the time comes I'll do that.
 

ljt

ljt

Soldato
Joined
28 Dec 2002
Posts
4,282
Location
West Midlands, UK
Too much salt in this thread.

Stop blaming capitalism because you can't afford a GPU upgrade. Especially when you clearly have no idea what free market capitalism is. Hint: without it there wouldn't be any GPU's to buy as they wouldn't exist.

It's got nothing to do with affordability it's more a case of whether you think the product is worth what is being asked for it.

I.e. for me personally a 3080 is worth no more than £650 any more and it simply isn't worth it for what it offers. It's got nothing to do with affordability.
 
Associate
Joined
28 Mar 2017
Posts
294
Location
Lincoln
It's got nothing to do with affordability it's more a case of whether you think the product is worth what is being asked for it.

I.e. for me personally a 3080 is worth no more than £650 any more and it simply isn't worth it for what it offers. It's got nothing to do with affordability.

If people can afford it then they can buy it and offset the cost with crypto mining to either pay it off or bring the cost down to a level where it is worth it.

If people can't afford it then they can complain on forums about the evils of capitalism (ridiculous - its not as if some soviet commissar would ever allow a pleb to have a GPU lol).
 

ljt

ljt

Soldato
Joined
28 Dec 2002
Posts
4,282
Location
West Midlands, UK
If people can afford it then they can buy it and offset the cost with crypto mining to either pay it off or bring the cost down to a level where it is worth it.

If people can't afford it then they can complain on forums about the evils of capitalism (ridiculous - its not as if some soviet commissar would ever allow a pleb to have a GPU lol).

I can afford to pay the ridiculous prices for a GPU etc, but I wouldn't. I equally don't want to have to mine crypto to offset ridiculous prices either, because I don't agree with crypto mining so I stand by my principles.

Equally, it isn't an either or situation if you don't happen to agree with capitalism that you automatically are cheering for socialism. I don't agree with either of those political movements
 
Associate
Joined
22 Nov 2020
Posts
331
I can afford to pay the ridiculous prices for a GPU etc, but I wouldn't. I equally don't want to have to mine crypto to offset ridiculous prices either, because I don't agree with crypto mining so I stand by my principles.

Equally, it isn't an either or situation if you don't happen to agree with capitalism that you automatically are cheering for socialism. I don't agree with either of those political movements

Also crypto is not free money- you have to spend on electricity and declare it every year to HMRC and pay CGT on profits more than £12500/year

All these people mining away and not declaring their assets are committing tax fraud.
 
Associate
Joined
30 Aug 2021
Posts
302
Location
coventry
Also crypto is not free money- you have to spend on electricity and declare it every year to HMRC and pay CGT on profits more than £12500/year

All these people mining away and not declaring their assets are committing tax fraud.

I was just reading one of the news papers at the start of lunch break and it looks like the Inland revenue are going to be contacting anyone involved with crypto who should be declaring.
 
Associate
Joined
31 Dec 2010
Posts
1,658
Location
Sussex
If people can afford it then they can buy it and offset the cost with crypto mining to either pay it off or bring the cost down to a level where it is worth it.

If people can't afford it then they can complain on forums about the evils of capitalism (ridiculous - its not as if some soviet commissar would ever allow a pleb to have a GPU lol).

Hyperbole much?

Rampant dog-eat-dog Wild West capitalism or the old Soviet economy are the only choices we have?

IF that were the case, we would truly be be doomed.
 
Associate
Joined
28 Mar 2017
Posts
294
Location
Lincoln
Hyperbole much?

Rampant dog-eat-dog Wild West capitalism or the old Soviet economy are the only choices we have?

IF that were the case, we would truly be be doomed.

That was kind of my point, describing capitalism as rampant dog-eat-dog is just as ridiculous as the other extreme.

Yet people were writing massive tracts about the evils of capitalism when it's obvious to anyone that they are just salty that the prices have gone out of their range.
 
Soldato
Joined
16 Aug 2009
Posts
6,670
It's got nothing to do with affordability it's more a case of whether you think the product is worth what is being asked for it.

I.e. for me personally a 3080 is worth no more than £650 any more and it simply isn't worth it for what it offers. It's got nothing to do with affordability.

So its not what people can or can't afford its simply down to ideology i.e. I don't think they should cost this much so I'm going to huff and puff till I blow your house away.

Sorry but I don't think the real world operates like that.
 
Associate
Joined
28 Mar 2017
Posts
294
Location
Lincoln
Also crypto is not free money- you have to spend on electricity and declare it every year to HMRC and pay CGT on profits more than £12500/year

All these people mining away and not declaring their assets are committing tax fraud.

Up to the first £1,000 of untaxed income HMRC don't care about. Not worth their time to pursue. If people just want a GPU to game on then crypto will help offset the cost of the high prices, a 3070 or so would probably make just over a grand a year at current prices - just stop when you get to £1k if you don't want to fill out a single form.

And of course crypto is profitable even including electricity costs or no one would do it.
 
Associate
Joined
1 Oct 2020
Posts
593
Up to the first £1,000 of untaxed income HMRC don't care about. Not worth their time to pursue. If people just want a GPU to game on then crypto will help offset the cost of the high prices, a 3070 or so would probably make just over a grand a year at current prices - just stop when you get to £1k if you don't want to fill out a single form.

And of course crypto is profitable even including electricity costs or no one would do it.

Crypto is taxed under capital gains, isn't it? So the £1,000 limit doesn't apply. You get an annual allowance (Currently £12,300) for capital gains instead.
 
Associate
Joined
31 Dec 2010
Posts
1,658
Location
Sussex
That mythical 3080 MSRP will remain a legend. Instead Nvidia's keeping them to themselves & selling access at 200€ per year and the cheap cost of a Shield - 150€? Brilliant!

https://blogs.nvidia.com/blog/2021/10/21/geforce-now-rtx-3080/?linkId=100000076938708

Yes surprised that this doesn't have a thread yet.

What is better than selling something? Renting it out!

Hm, €200pa for a card which will be outdated in ~2yrs (node advances have slowed), isn't actually that bad. Latency would be big problem I suppose.

What are Nvidia going to do with all those cards themselves once they are too slow? Guess they can move them to duties in lower tiers for a but for how long?
 
Soldato
Joined
18 Feb 2015
Posts
5,944
Yes surprised that this doesn't have a thread yet.

What is better than selling something? Renting it out!

Hm, €200pa for a card which will be outdated in ~2yrs (node advances have slowed), isn't actually that bad. Latency would be big problem I suppose.

What are Nvidia going to do with all those cards themselves once they are too slow? Guess they can move them to duties in lower tiers for a but for how long?

No, it's horrible. Edited just before your post but realised that you actually need Shield TV Pro for 4K HDR, so that's even more. The issue is that you don't get to keep the hardware (that has value) and you can't rent it out yourself in order to recoup the money. F.ex right now my 6800 does around $2.5 a day in Eth, over a year that's $900, and I paid $770 for it (and in fact I has already mined well in excess of $1000 since I got it last year and that was a half-hearted attempt by me). Even if we say I can only sell it for half when RDNA 3 lands (which is very pessimistic considering its price today is >$1000) then it will still have paid for itself twice over. Imagine paying Nvidia 200€ a year for the privilege instead! In effect I'd have lost 1900€ over buying the GPU myself!

And that's to not even go into latency, GFN's numerous service issues, more limited game selection, modability and on and on it goes.
 
Caporegime
Joined
17 Feb 2006
Posts
28,680
Location
Cornwall
That was kind of my point, describing capitalism as rampant dog-eat-dog is just as ridiculous as the other extreme.

Yet people were writing massive tracts about the evils of capitalism when it's obvious to anyone that they are just salty that the prices have gone out of their range.
In general we produce a lot of tat and the quality of goods has fallen off a cliff in the last few decades.

Everything is made to shave costs to the bone even if that drastically reduces the lifespan or quality of the product.

It's not just GPUs becoming expensive. The trend everywhere is in the wrong direction. We are making crap and destroying the planet in order to maximise short-term profits for shareholders. Who are old enough generally not to care about anything other than enjoying their money in their twilight years, or looking to retire early (etc).

Customers are getting a worse deal and employees are getting a worse deal and the rich are meanwhile getting richer.

If you don't see a problem with the general trend of the last couple decades then we're at an ideological impasse.

But the trend in everything from houses to white goods is clear. Make it cheaper, make it break sooner, make it barely good enough for its stated function, keep your staff low-paid, keep customer expectations low; return max profit to shareholders.

You must - even you - be able to see this. The amount of flaws in modern products is simply staggering.
 
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