When the Gpu's prices will go down ?

[Harlequin]

I think we are on the third or fourth "flood" predictions now, they are bound to get it right one of these times..

Were at flood after pos (yet were in a bear market, alt coins are worth more to mine than ETH, and still no flood)

 

[Harlequin]

I honestly wonder what is going to happen with the millions of miner gpus that are going to flood the market. General lay person is probably going to see knock down prices and go for it over buying new.

Not going to happen, look at the mining media - they are expanding in the bear market for the next super cycle.

 

[Frenzy]

Got to admit I know very little about crypto. I assumed because gpu mining will be useless for Ethereum around 14th of sept everyone is going to offload their gpus.

 

[Harlequin]

Got to admit I know very little about crypto. I assumed because gpu mining will be useless for Ethereum around 14th of sept everyone is going to offload their gpus.

Its only ETH, and there are way more ASICS mining than gpu`s. Other coins include ERGO, RAVEN, CONFLUX etc

 

[Frenzy]

Guess it will be a waiting game to see how it turns out, not long to go

 

[gpuerrilla]

Were at flood after pos (yet were in a bear market, alt coins are worth more to mine than ETH, and still no flood)

I think a lot of it was false information that UK buyers months back were all 'miners'. It was more weighted towards scalpers reselling for a quick buck. If it were what we were led to believe you would have seen way more cards entering the market as each tick of the UK electric prices increased (we have had four or so increases to date during this gen) and then we have also had crypto diving down all 2022. For the record I never seen any flood at these stages.

Let's see how many flood around mid September. For me, mining in the UK has been killed ages ago by the insane electric price way way before any other factor. With the cost of living and inflation kicking in I doubt people that want expensive components can afford them now.

 

[Harlequin]

thats the bottom line really - and we`ll see it again with rtx 4000 series - its scalpers, especially the ones on here

 

[Naff8000]

I swear every time I come on here, gpuerrilla is flood denying

 

[gpuerrilla]

I swear every time I come on here, gpuerrilla is flood denying

Sorry mate there was a lot of it in the crypto forum too. Its these blanket statements especially by ill informed influencers parroting it about and each time they have said it there has been none. Just because you seen a couple of accounts on the bay shifting 5 units doesn't qualify for it being a flood IMO.

 

[Miganto]

Well with electricity costs near enough doubling, that will make crypto even more less appealing right in the coming months right as a new generation comes out so i'm thinking demand will be the lowest at the start of a new generation for years for crypto purposes, so maybe with just gamers wanting them they'll be rather reasonable!! There was a huge sell off in recent months but many were still holding on in case things settled but with the news today there has to be another round of sell offs to try to recoup as much value as possible, leading to more of a drop for us.

 

[gpuerrilla]

Please point me to these sell offs.. where are they?

 

[Journey]

Perhaps it should be more looked at as a tide coming in, where by the prices get lower, and lower and there becomes more available to buy, eventually resulting in a flood.
Oversupply is a thing, just its hard for a lot of folk to see if you don't work in the industry or use many cards in a short space of time. Case in point getting Quadro A5000's at anywhere near sensible prices was impossible 6 months ago, now being offered them at below what you'd consider MSRP.

 

[Miganto]

Please point me to these sell offs.. where are they?

I've seen on many, many sites mention of sell offs in huge batches, multi million sales and had seen coin prices generally massively down - was that just a drama-llama situation? I haven't followed it super closely.

 

[~>Dg<~]

you will get big drops shortly i think. new cards on the way . they also made too many gpus . still over priced. two year old 3080 still more than launch. should be 500 quid now.

 

[Chuk_Chuk]

Perhaps it should be more looked at as a tide coming in, where by the prices get lower, and lower and there becomes more available to buy, eventually resulting in a flood.
Oversupply is a thing, just its hard for a lot of folk to see if you don't work in the industry or use many cards in a short space of time. Case in point getting Quadro A5000's at anywhere near sensible prices was impossible 6 months ago, now being offered them at below what you'd consider MSRP.

I didn’t think quadros would ever go on sale due to being professional level cards. They must be desperate

 

[Journey]

I didn’t think quadros would ever go on sale due to being professional level cards. They must be desperate

Last PNY batch bought at £1,736 + VAT, ones bought in January had to pay £2,750+ VAT.

 

[Purgatory]

I didn’t think quadros would ever go on sale due to being professional level cards. They must be desperate

Quadros always are on sale if you know where to buy from in quantity for business use normally and second hand value drops of a cliff with them as they get written off by the companies and sold off for cheap in the end. Depends where you look and where to buy business based cards, sadly a lot get smashed and dumped into e-waste skips instead of being sold but of course the companies lost nothing doing that as they were written off as a business expense, it annoys the hell out of me seeing so much dumped e-waste by companies that could have made really good pcs for the general public but this is the world we live in, greed and legalised scams.

 

[gpuerrilla]

I've seen on many, many sites mention of sell offs in huge batches, multi million sales and had seen coin prices generally massively down - was that just a drama-llama situation? I haven't followed it super closely.

Just basing stories on as much fact as possible. The news is already awash with scaremongering and misinformation its unreal. I refer to sell offs as in second hand, used or auction places, so I made a fast python app just there (on the bay) and the whole of uk has 61 3060Ti's sold in the past two weeks. I mean I would hardly call that a flood of miner capitulation signals myself..

Well with electricity costs near enough doubling

I checked back to when I was mining before the hikes, it went from 14p > 18p > 29p. The next one in September sees it hit 41p. For me that's a tripling not a doubling.. I'm sure others have had it worse.

 

[Harlequin]

I swear every time I come on here, gpuerrilla is flood denying

I swear everytime i come on here, its yet another prediction of a flood - that never happens. MSRP is not a flood. 10 cards on ebay at 10% below msrp is not a flood

 

[gpuerrilla]

I swear everytime i come on here, its yet another prediction of a flood - that never happens. MSRP is not a flood. 10 cards on ebay at 10% below msrp is not a flood

This is why I post, because these comments are way off mark. A couple of the Nostradamus types have got banned since (remember psycho?) so they don't clutter up the pages.