You think they will dump them at local flea markets or what? they will likely be sold buy the pallet and exported to lucrative markets like the USA and EU
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When the Gpu's prices will go down ?
- Thread starter sys6em
- Start date
Soldato
However we do have the faster and more capacity 12G available for sub £700:
PNY GeForce RTX 3080 Revel Triple Fan LHR 12GB GDDR6X PCI-Express Graphics Card
Order PNY GeForce RTX 3080 Revel Triple Fan LHR 12GB GDDR6X PCI-Express Graphics Card now online and benefit from fast delivery.www.overclockers.co.uk
Golden!
Soldato
Few understand this.
Finally the penny may have dropped @Harlequin taken a while I must say..
5 days now till the nvidia show isnt it ? cant wait to see the price drops. i expect to see there aint going to be any we know there is though.
Merge is no longer the flood.. it is now the nvidia show event!!
Soldato
Why would they ship them to locales where the cards are selling for less used? Surely you'd want to sell them in the market that will net you the most money. Unless there is the thought that mining might be profitable again with previous gen cards, but it seems unlikely vs selling them.
as soon as they show case the speed of the new gpus obviously it will have a big effect on people buying the old ones. many people who game will already have half decent cards...so it will be like nahhh i will wait or nvidia does some proper deals to entice those on the fence. mining has basically gone pop. loads of cards about and 2 years old.Few understand this.
Finally the penny may have dropped @Harlequin taken a while I must say..
Merge is no longer the flood.. it is now the nvidia show event!!
garage sale...coming soon !
Associate
TBH don't think prices will change. Increased production costs and people (including me) paying silly money for gpus in the past will give both amd and nvidia the confidence to carry on charging these prices.
Going off Jensons shareholder talk, 30 series will fit between 40 series and not change much from what we are seeing now.
I will just hold out from now on (having bought an amd or nvidia every generation since before the 6 series [nvidia]), till performance lags on my current setup (200 fps 3440 monitor) to below 100 fps in the games I play (mp fps).
Hopefully I can buy something for double the performance in 4 years time for £500, unlikely but fingers crossed.
Edit - for clarification
Going off Jensons shareholder talk, 30 series will fit between 40 series and not change much from what we are seeing now.
I will just hold out from now on (having bought an amd or nvidia every generation since before the 6 series [nvidia]), till performance lags on my current setup (200 fps 3440 monitor) to below 100 fps in the games I play (mp fps).
Hopefully I can buy something for double the performance in 4 years time for £500, unlikely but fingers crossed.
Edit - for clarification
John Lewis and DFS warn shoppers are spending less
Retailers John Lewis and DFS say shoppers are spending less as the cost of living rises.
www.bbc.co.uk
its already started gibbo best get some super enticing deals going soon.
Associate
I hope your right, but I believe companies will prefer higher margins over sales. We have all seen how game companies have prioritised consoles over pc, the days of crysis are over. I fear it will only get worse and more will move to consoles, especially with the problems faced with hacking on pc.
i cant see how they wont fall. new cards. high cost of living which will only get worse. mining is screwed. overstock of old tech nividia gpus. hacking is bad on console aswell especially for games like cod. they just plug in units called cronus for eg. its a really big thing.
Prices aren't going anywhere for a while.
There's no way they even announce 4080 pricing next week, they'll slate it for late November and price it later. 4090 will get pricing with a release date and will be priced so high the 3000 series will remain uneffected. They want to get every penny possible from those wanting xx80 class cards.
There's no way they even announce 4080 pricing next week, they'll slate it for late November and price it later. 4090 will get pricing with a release date and will be priced so high the 3000 series will remain uneffected. They want to get every penny possible from those wanting xx80 class cards.
Associate
Nvidia are going to have to make up for lost sales in China $400 million estimated (current quarter). They are not going to do that by making things cheaper. I could be wrong and hope so.
edit - clarification
Code:
https://www.cnbc.com/2022/08/31/nvidia-stock-falls-after-us-government-restricts-chip-sales-to-china.html
Soldato
The goal is profit. They have to balance margin and volume to maximize profit. Since these cards can no longer print money they way they used to, more margin means less sales.
Nvidia *wanted* to sell the 3090Ti for $2k, but the volume just wasn't there, and the prices had to come down.
This is not the mining-boom market anymore.
Where's that premium coming from, particularly when adding in shipping expenses? Not to mention the obvious opportunity costs here there's shipping, there's handling, there's the storage, there's the listing & testing etc. etc.
Why will they be exported? The USA is the largest mining market so they'll sell locally. After that where could all these GPUs come from? China? It's another USA situation, their market is big enough to simply absorb them. Kazakhstan? Never, the shipping costs are too high (and the regional prices are also high enough that they don't need to ship them out). Russia + UA (RIP)? Long gone.
So again there is no flood of GPUs coming for Europe (least of all UK) because there's no big mining operations in the region & shipping costs are too high. That's why I said even last time they couldn't do it. The complexity (and risk) of getting thousands of GPUs and shipping them around isn't like ordering a single item off of ebay.
Watch (I linked to the timestamp):
The Nvidia MSRP Truth: Margin, Volume, Importing Mining GPU | Silver Knight PCs | Broken Silicon 113
Tom interviews a GPU Seller & System Integrator from Silver Knights in person! We discuss the truth behind the Nvidia Ampere & AMD RDNA 2 launches, GPU suppl...
youtu.be
Soldato
These youtube influencers and tech sites are not helping either. Yes they are also in the high regions like the US which may pertain to their region, but as @Poneros post, and what myself and a few others have been saying since this nonsense was hyping up at the end of 2021. The UK market only had bedroom and small scale ops, they all saturated the market since January (selling off over the past seven months) where the real squeeze came from the electricity price rises and not the ETH merge.
I think it's a case of said influencers not caring about the UK since they are predominately located in NA. But people need to stop spreading news as gospel for markets which is not even applicable.
Soldato
Well said. A lot of ignorance is also applied to mining, but surprised to see such an enthusiast forum that has had distributed computing for decades in a sub forum. One of my main criteria when changing GPU factored in its ability to compute if I was not gaming as the stronger the card the better it is for other disciplines with software adopting it in various apps these days too. Naturally a solid gaming card for many generations has been able to do these tasks.
The premium comes from not having local mining operations dumping pallets of used cards on the local market. It's a simple numbers game - bulk shipping is still cheap compared to the cost of a card, listing/processing is as cheap as it's ever been. And testing... when was the last time you saw cheap Ebay/Ali cards with proper QA?
Any time local price+cheap shipping etc. costs < the price in the new market you'll get redistribution.Video was interesting, but talking about a western dealer importing via a broker - which I guess could happen too if the price difference was high enough, but that's a very expensive way of doing it - there was testing, and each stage needed their salary margins etc. In a global market there's no barrier to local sellers instead selling directly worldwide with only a fraction of those costs.
Soldato
Video above assumes everything is 8.3% inflation when thats an average calculated using specific items
lets pretend massive farms don't exist in asia
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