Soldato
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GPU prices go boom
- Thread starter RavenXXX2
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Associate
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Both those companys make money from selling/licensing graphics hardware. I expect they have there fingers in other pies, but this is a massive source of income for them. All this tech relies on traditional GPUs.
The hardware your suggesting allready exists. Its called an ASIC miner. Its 100% specificaly designed for mining crypto currency and pretty much cannot do anything else.
ASIC Bitcoin mining systems can solve Bitcoin blocks much quicker and use less power than older bitcoin mining hardware like CPUs, GPUs or FPGAs. There are a number of companys selling ASIC systems, so there is lots of competion.
There is not much competition between GPU companies.
Soldato
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Very true, I hadn't thought that what I was suggesting was essentially an ASIC!
For things like ETH that are "asic resistant" it still seems to me that a card with say, 4 rx550 dies on it would be an attractive proposition for GPU based mining. I'm not really familiar with the full technical implications of producing such a card, however, and I guess those are the reasons such a thing doesn't/wont exist.
Associate
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Yeah I think that NVidia will release a proper mining/compute card at consumer level. I know we have volta which is a mining beast but not when price is taken into account..... we shall see!
Nvidia are saying prices will continue to rise through Q3 2018.
http://www.guru3d.com/news-story/nvidia-gpu-prices-will-continue-increasing-through-q3-2018.html
http://www.guru3d.com/news-story/nvidia-gpu-prices-will-continue-increasing-through-q3-2018.html
I've looked at that source but can't see how it comes from Nvidia. The chap who's giving details on pricing appears to be a B.Hutch who's a buying manager for MassDrop, rather than some kind of Nvidia insider....unless of course I'm being monumentally thick and missing something obvious. This guy hasn't said anything new that Gibbo hasn't already mentioned.
Soldato
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But 8760 hours mining on it.
I've never mined in my life - I had a help thread about electric bills, wasn't about to go make them worse
Even if Nvidia didn't say anything directly we pretty much know the situation of near future unless something very dramatic is going to happen.
I should be now getting pretty close to having been "toying" with PCs for 25 years and there simply hasn't been anything like this during it.
Caporegime
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you do know that these things take time don't you? They just don't whip up a perfect design and use a replicator unit to produce a few million cards
If they don't start to come down soon, it could really kill off PC gaming, so many people seem to be eyeing up consoles
NVidia are full of animal waste.
Yes memory shortage and price has had an effect on the final price of a GPU card.
But if you remember NVidia cards are very overpriced to start with and the vendor is raking off a very big profit margin. NVidia could quite easily take a little bit of a hit on their margins and absorb the extra cost of memory chips without passing it onto the end user and still make a healthy profit.
If AMD were more competitive high end NVidia cards would be £200 cheaper regardless of any memory chip shortage.
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When Ethereum moves to a Proof-of-stake model with the Casper Protocol, it'll make mining rigs obsolete as these Rigs will no longer be able to generate streams of revenue from Ethereum mining as it won't require the complicated hashing power of GPUs. This is excepted to happen within 2-3 years.
AMD/Nvidia know this, therefore the current craze you see jut now with GPU's will inevitably come to an end.
AMD/Nvidia know this, therefore the current craze you see jut now with GPU's will inevitably come to an end.
in 2 or 3 years there will be another Alt coin to mine. Just how the cycle goes , people said similar about bitcoin
Agree wholeheartedly with this, they could drop prices but don't and continue to enjoy fat profits in the meantime, they seem to be ignoring the small matter of long time pc gamers getting wholly fed up with this state of affairs and walking away from the hobby.
My nephew messaged me the other day asking his options for upgrading his GTX 970 based rig with a healthy £1k budget, I told him to forget PC gaming and enjoy an Xbox 1 X and 4k tv instead, which he's done, he's selling his old rig and is planning on scooping up a load of games for it from CEX with the proceeds.
Having convinced him to go from his PS3 to PC gaming, he's now priced out of the market and going back to console, he won't be back.....
yes, that's why having only 1 dominant player in the GPU business is bad, same as CPUs. Look what Ryzen did to Intel, it forced them to innovate again.
Damn, they should do a Standard oil on Nvidia and break it up.
That's a bit OTT in my opinion. He could have picked up a range of second-hand upgrades from his 970 that would keep him in the current game. My 980Ti rig works very well and outperforms the current generation of consoles in every area. In fact, the 970 could probably outperform them too.
Not if his nephew wants to play at 4K
Exactly, he’d seen my twin 1070’s and 4K tv and wanted some of the action, I said it would cost him so he thought £1k would be more than enough for a better 4K capable GPU, some more RAM,and 4K screen (most likely a large TV as I’ve got) to go with it.
Unfortunately, it’s no where near enough.
Which poses a problem, I’d argue the average casual gamer is going to just laugh a current pricing never mind having £1k in the upgrade kitty and just end up with a console.
I’d suggested to him go used, perhaps get a used 1070 / 1080 and a 4K tv that upscales the display (I’ve ditched one of my 1070’s having found no huge difference between the quality of an upscale image but higher FPS over running native 4K but lower FPS) he - quite rightly you could say - was loathe to buy used and still found he’d struggle to get the extra 8Gb RAM never mind 4K screen...
He’s got his One X, a 43” LG 4K tv and a second controller for just over £825, the cheapest 1080ti alone on OC/UK is £800.
It’s a shame, I spent ages convincing him PC gaming was the way ahead and he’s enjoyed his old rig but, come upgrade time he’s been priced out despite being willing to spend big by the average Joes standard.
As I say, I doubt he’ll be back.
