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GPU prices go boom

Doobedoo said:
This is the issue I have with the whole cyrpto fad. I'm not a environmentalist by any stretch but it has to have an impact on more than just short term hardware price increases. What purpose does it serve other than profiteering? If it's just to satisfy greed then it should be taxed heavily.
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It is taxed
 
AiiR said:
Was the R9 290x ever £450? We've actually regressed in price to performance. :p
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I was looking at my purchase history a month ago before i bought a strix 1080ti - i paid £299 for a 7970 back in 2012, which was RMA'D 2 years or so later and replaced with a 290! After paying that - Paying 680 for the 1080ti felt outrageous (black friday sale too!), now it looks like a bargain!
 
Glad I bought my 1080ti a while back for a fair bit less then their selling for new now. Sadly doesn't look like the mined crypto's are going to totally collapse to their true 'worth' of precisely zero (following BTC all the way down) this time round so we can probably look forward to at least another round or two of inflated GPU prices and stock shortages that can at least be heavily attributed to the totally pointless and very wasteful exercise that is mined crypto currency....

I don't particularly revel in the though of (some) people genuinely losing out if/when such a crash occurs but still would rather prefer the enthusiast GPU market to be back more focused on its original customers.
 
samr2d2 said:
I was looking at my purchase history a month ago before i bought a strix 1080ti - i paid £299 for a 7970 back in 2012, which was RMA'D 2 years or so later and replaced with a 290! After paying that - Paying 680 for the 1080ti felt outrageous (black friday sale too!), now it looks like a bargain!
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And when Inflation and the brexit effect is taken into account ?
 
KillBoY_UK said:
And when Inflation and the brexit effect is taken into account ?
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I've said it before and I'll say it again: the GPU market is only in the state it's in because people keep buying cards at inflated prices. Yes, most purchases now are by miners and the pound is weaker than it was, and there's not much consumers can do about that, but even before then people were paying silly money for some cards. Anyone making those purchases is complicit: in a free market, if you keep paying, prices won't drop. If you really need to upgrade that GTX 770 or HD 7970, go used. If you really need to upgrade that GTX 980 or R9 390X, get your head examined (or admit that you're willing to upgrade for any improvement at any cost and stop complaining).
 
The whole blockchain \ crypto thing is nonsensical but no more so than the stock market or any other established fiat currency trading. Crypto enabled useless people to make massive amounts of non-existent fiat money in the same fashion at a faster rate. It simply has a different denomination and isn't tied to the gold standard.

The world is killing itself to make fake money and the schemes that do best involve the least amount of labour input. We really need a borderline extinction event to correct this, a limited war just won't do this time around.
 
Doobedoo said:
Maybe this should be reviewed depending on it's environmental impact.
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They moan about the material in real cash too yet ignore cryptocurrency. To be honest they are both fake one only exists as paper one as virtual both only have value if people gave it value. None of them have gold or silver backing like how currency was intended. Now with idiots printing it... national debts in the trillions and crypocurrency you have to take a step back and laugh at how unreal and surreal at times the system we have.

There is going to be big crash and loss for the majority. That is how these systems work they start out small and irrelevant like tulip bulbs and the early birds with control get ahead and then when everyone else gives it value thier once worthless currency now has value. They will cash whatever they gain at the opportune time and always cash out early before any crash then when it all becomes worthless it goes back to how it started and should have been. Aka utterly worthless.

You can still be forced into mining too... just like everyone is forced into capitalism. You may need too mine for a gpu like other assets needing to provide a service or income to pay for a high outlay.
 
Retailers are parasites and are just as bad as the miners. They don't need to be selling these cards above rrp, but they choose to anyway. It isn't helping the situation.

The only way to solve this problem is for Nvidia/AMD to release cards specifically for mining and severely reduce the compute aspect of gaming cards.
 
Rock_n_Roll said:
Retailers are parasites and are just as bad as the miners. They don't need to be selling these cards above rrp, but they choose to anyway. It isn't helping the situation.

The only way to solve this problem is for Nvidia/AMD to release cards specifically for mining and severely reduce the compute aspect of gaming cards.
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They have made and released mining only gpus. Problem with gimping gaming cards like that is your going to take a fps hit and i'm sure most people dont want cards that perform worse.
 
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