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When the Gpu's prices will go down ?

NVIDIA and AMD have a problem with a massive influx of.. inventory. There are simply too many cards and too few people interested in buying them.
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Beggars belief how these firms fail to understand the market.
 
gpuerrilla said:
Beggars belief how these firms fail to understand the market.
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It does, but imagine if they have sales managers and regional sales managers whose pay is determined by targets and making crazy predictions about future demand. Might a structure like that distort their perception of reality?

Plus, there might be some yes-menism involved after all who wants to tell their boss that next quarters sales will be down.

That's is one explanation. But both companies have been through all this so many times before, we'd all think they would remember.

On another forum someone pointed out that the ETH hashrate hasn't really crashed that hard yet hence still no flood of used GPUs. Since even with free electricity a 3090 only makes $2.20 a day and the card must depreciate more than that per day. Some some irrationality going on; it's almost like a lot miners are not into hard figures but are emotionally invested.
 
KompuKare said:
It does, but imagine if they have sales managers and regional sales managers whose pay is determined by targets and making crazy predictions about future demand. Might a structure like that distort their perception of reality?
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There is surely someone in said companies with strategy, forecasting and analysis? Pretty sure they hire bodies to cope and its not like they have not been doing this for decades! :)

KompuKare said:
That's is one explanation. But both companies have been through all this so many times before, we'd all think they would remember.

On another forum someone pointed out that the ETH hashrate hasn't really crashed that hard yet hence still no flood of used GPUs.
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Spot on.
 
The high-end has had a serious price movement today:

3090Ti now from £1499 inc
3090 from £1299
3080Ti more cards at £1049
3080 12G at £799

6900XT at £799
6800 XT at £649
6800 at £589
6700 XT at £449

All live on OcUK
 
KompuKare said:
On another forum someone pointed out that the ETH hashrate hasn't really crashed that hard yet hence still no flood of used GPUs. Since even with free electricity a 3090 only makes $2.20 a day and the card must depreciate more than that per day. Some some irrationality going on; it's almost like a lot miners are not into hard figures but are emotionally invested.
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I've seen miners insist they will keep mining at loss even if they get 90 cents to the dollar compared to buying crypto directly with cash. Not sure how to explain what is going on in their heads. However, everyone capitulates in the end the question is at what price.
 
NZXT30 said:
I've seen miners insist they will keep mining in loss even if they get 90 cents to the dollar compared to buying crypto directly with cash. Not sure how to explain what is going on in their heads. However, everyone capitulates in the end the question is at what price.
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I think it's the idea that crypto will rocket in the future and make them rich. Modern day gold rush, the pick and shovel sellers are making the guaranteed money ;)
 
Troezar said:
I think it's the idea that crypto will rocket in the future and make them rich. Modern day gold rush, the pick and shovel sellers are making the guaranteed money ;)
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But even if you believe crypto will skyrocket why lose 10-20% in electricity costs instead of buying it directly with cash? You'll get more crypto for your money.
 
RavenXXX2 said:
videocardz.com

GPU price crash in China, GeForce and Radeon cards now sold for 20% under MSRP, flagship models at -38% - VideoCardz.com

Current-gen GPU prices reach record lows in China In an eve of next-gen launch, NVIDIA and AMD have a problem with a massive influx of RTX 30/RX 6000 graphics card inventory. There are simply too many cards and too few people interested in buying them. We have repeatedly said that both companies...
videocardz.com videocardz.com
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Excellent. Fingers crossed for a new 3090 at £800ish. I need the 24GB.
 
NZXT30 said:
But even if you believe crypto will skyrocket why lose 10-20% in electricity costs instead of buying it directly with cash? You'll get more crypto for your money.
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Left that part out of my post, but yes it makes far more sense to just buy coins. Maybe they consider buying coins with cash to be gambling, while mining with expectation is in some strange alternative reality not considered gambling?
 
NZXT30 said:
But even if you believe crypto will skyrocket why lose 10-20% in electricity costs instead of buying it directly with cash? You'll get more crypto for your money.
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It's still profitable - just barely. I mine off-peak for 8 hours a day - the monthly electricity cost is about £10 for £19 in Ethereum. Of course, before the crash this would've been closer to £60 (or £180 for 24/7).
 
Gibbo said:
The high-end has had a serious price movement today:

3090Ti now from £1499 inc
3090 from £1299
3080Ti more cards at £1049
3080 12G at £799

6900XT at £799
6800 XT at £649
6800 at £589
6700 XT at £449

All live on OcUK
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Still WAAAAAY overpriced, and if not, MSRP after 2 years is pathetic, drop all prices another 50% , especially at the high end then we can talk. Until then, holding out on new tech/better deal.
 
Sgt_Major said:
Still WAAAAAY overpriced, and if not, MSRP after 2 years is pathetic, drop all prices another 50% , especially at the high end then we can talk. Until then, holding out on new tech/better deal.
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Well most of the 3090ti and 3090 have already sold out, seems to be doing the trick and were at £1299 and £1499 respectively, I don't see many if any competitors doing much.
OcUK is leading the way and is one of the most competitive if not most competitive currently in the UK with pushing for price drops and then actioning them. :)

Zarax said:
@Gibbo do you have any rumors on your channels about the RX 6700 non XT availability?
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Just ordered some from Sapphire, should be able to hit £399 fingers crossed with it.


uscool said:
what it should have been at the start not after 2 years and soon to be replaced so doesnt seem that great
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Give us the pound strength of two years ago and not a war and it is fair to say the prices would be another 20-30% lower than they are today, world economic has changed for the worse, that is why it cost me £2.14 per litre of petrol at weekend, most households energy bills have shot up and food shopping alike, if these increases had not happened then yes GPU prices would have fallen even more sharply.
 
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