Soldato
I think any nvidia releases now though will all be LHR cards so miners will look to intel/AMD for compute versatility or the miners will find a creative hack to spoil nvidia's plastic party.
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Why GPU prices are NOT likely to drop significantly EVER!
- Thread starter Harold lloyd
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If you believe Nvidia will keep making LHR cards in the future, you will be in for a shock, even current cards with LHR can be unlocked by Nvidia and hints have been stated that they can do it in the future. Meaning it will be unlocked soon enough. Also Jen is loving all this and has even stated it is here to stay and they want to profit from it. AMD/RTG have made it clear too they will never add limiters to their cards too, just this time AMD cards are not worth mining on and next time I bet you they will be good at it too.Nvidia CEO: Cryptocurrency is "here to stay"
The market for crypto currencies is volatile, but Nvidia is large enough to absorb the shocks and reap the rewards, said CEO Jen-Hsun Huang
https://www.zdnet.com/article/nvidia-ceo-cryptocurrency-is-here-to-stay/
Nvidia is riding high on the boom in cryptocurrency mining, according to the graphics card (GPU) manufacturer.
https://www.coindesk.com/nvidia-ceo-cryptocurrencies-stay
“Cryptocurrency and blockchain are here to stay. Over time, it will become quite large. It is very clear that new currencies will come to market. It’s clear the GPU is fantastic at cryptography. The GPU is really quite well positioned.”
^..Jen
The firm’s CFO, Colette Kress, echoed the remarks in statements, citing rising values in the global cryptocurrency market as a primary driver for GPU sales.
Soldato
I dunno.. I think the fanboys and tuber influencers took it hook line and sinker! Just like they think the GPU shortage is solely down to miners. I think we can debunk this easily with the lack of 'flooding market with used miner GPUs' threads seen and that turned out to be a damp squib. People have found securing them hard the past year so they aren't going to sell them on unless its too good to turn down. Its clearly the factories are not making enough of them and the prices in the shops are far too high that's stopping the "gamers" from buying them now.
Soldato
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- 21 Jan 2010
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The shortage is not solely due to miners, but they have taken a significant chunk of production. It's very likely AIBs have been selling directly to large mining operators, rather than retail partners. When supply is already tight, that's not good news for Joe public.
Soldato
I agree with parties selling to operators and the like directly. This is spun/churned/weaved/ignored by the industry and incorrectly fed to the general public. If it was important to nvidia or AMD, they would make an effort to penalise the AIB's for not prioritising or flat out focus on shipping only to the public. From what I can read between the lines is business comes first and they turn a blind eye.
In reality the distribution is not reaching the retail, or they aren't making enough from the fabs (combination of both I guess).
Where accuracy is lost is lets just blame it all on the mining community. Normal folk and even small scale setups cannot buy them as they are:
i) limited to one per customer
ii) not enough inventory (i.e. site lists sale but there are only 50 units to sell)
iii) way overpriced
However, lets not pretend now, with mining taking a huge hit for months with expensive cards and low profit margins, the "all the miners are panic selling" so there will be a tsunami available online... is completely ********. This tells me that miners didn't get all the shortfall of cards people were portraying and in fact it was likely scalpers/bots soaking up all the units and the retailers are now in a predicament as they have expensive stock they slowly shift to desperate folk that will pay anything.
Not so easy to do what you're saying. The inflation incoming is something we haven't seen for 50 years UK/US, I mean the 70's.
MSRP is just a mirage nowadays, got to see real online and street prices.
Soldato
The previous behaviour was sell the card before the new gen arrives, this offsets your outlay. Its not a matter of being 'easy done' it was mentioning the risk of blindly gambling like that. The inflation incoming has nothing to do with people that sold 2080Ti's (a few weeks leading up to the 3080 launch), you have to get with the current times and DYOR.
The inflation will be a mammoth hammer and people with insecure jobs or lots of debt should be acting right now and not buying expensive tech that they hopefully dont need...
Games used to be super expensive on consoles but not so much these days. I mean back in the day, brand new AAA PC games used to be on £17.99 preorder from places like Play (now defunct so not naming a competitor) meanwhile console equivalents £40+. Nowadays PC games have hit those sort of levels. Meanwhile, for people wanting to play a lot of games, Xbox Game Pass is excellent value, assuming you buy deals in advance etc it costs maybe £10/month or the equivalent of 3 games a year in old prices. And that's not even considering the fact that if you also have an old PC you can play game pass games on that as well.
Or to summarise if I go back 20 years ago the TCO for console gaming was very high unless you were super cautious, buying games late, raiding the second hand market both for buy and sell etc. Over the course of say 3 years (about half the lifespan of a console) you'd spend more on games than the cost of the hardware.
Soldato
Quite true!
Only addition to the PC observation is you can use the CDkey sites and bag the AAA games (or just good games) for a few pounds if you are patient. I recently picked up the Metro Exodus enhances edition for a few quid so its akin to your console veterans value buys if you look for them.
*** UPDATE ***
Hi everybody,
1. Fed is saying interest rate hike long way off, stock market falls if the rate is increased!
2. Fed says todays inflation is "transitory" due to supply chains/virus etc BUT the price of electric, food, gas etc has gone up even more weeks after this statement was made by the fed.
3. Copper, Iron ore, Aluminium, Soybeans prices are still very high!
4. Now you may say there's not much copper in a GPU but these materials are the basic building blocks of many products and services.
5. We're seeing a lot of inflation even without the big bubbles being popped yet, GPUs are just one of the items showing up on the inflation radar, But you should take note.
6. You should realise increasing interest rates and other hocus pocus methods cannot stop commodity shortage inflation!
7. An example is that the world is using copper from mines which are decades old, a new mine can't likely be set up even in 5 years so these sort of things will make sure inflation stays in place.
8. US Stock markets making new highs in the headlines in a short space of time shows we're close to the final peak. What you'll likely see is the Dow jump to 40000 or 50000 in a short time (almost vertical) and that will signal the end!
9. Why now are the big bubbles going to pop? Well the romans said that before their empire collapsed, the Japanese said the same before their stock bubble burst!
Regards, Harold
Hi everybody,
1. Fed is saying interest rate hike long way off, stock market falls if the rate is increased!
2. Fed says todays inflation is "transitory" due to supply chains/virus etc BUT the price of electric, food, gas etc has gone up even more weeks after this statement was made by the fed.
3. Copper, Iron ore, Aluminium, Soybeans prices are still very high!
4. Now you may say there's not much copper in a GPU but these materials are the basic building blocks of many products and services.
5. We're seeing a lot of inflation even without the big bubbles being popped yet, GPUs are just one of the items showing up on the inflation radar, But you should take note.
6. You should realise increasing interest rates and other hocus pocus methods cannot stop commodity shortage inflation!
7. An example is that the world is using copper from mines which are decades old, a new mine can't likely be set up even in 5 years so these sort of things will make sure inflation stays in place.
8. US Stock markets making new highs in the headlines in a short space of time shows we're close to the final peak. What you'll likely see is the Dow jump to 40000 or 50000 in a short time (almost vertical) and that will signal the end!
9. Why now are the big bubbles going to pop? Well the romans said that before their empire collapsed, the Japanese said the same before their stock bubble burst!
Regards, Harold
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Yes but why is supply tight?
Should be enough GPUs stacked to the top of warehouse roofs, more than enough for miners, gamers etc
Can't see much difference in GPU prices over the last 2 months or so?
Carlton dance!
Higher demand despite more ampere cards being produced and sold than Turing had over a similar time scale.
Yeah £700 for a 40 CU card is a rip off that's why they are sitting in stock everywhere.
The PC gaming market is there ONLY BECAUSE your currency has enough purchasing power!
It's been a LOT of months since these next gen cards were launched, something else is going on in the background?
mining.
Soldato
Hate to break it to ya... mining has been around since 2010. There has been many a gen of GPU releases between then and now, its only the bandwagon that instills this mindset. Crypto has many cycles of bad spells, you could even say this gen was a bad time to buy cards as they are so overpriced! Think early 2017 when pascal and polaris cards were way cheaper...
Associate
Mining has been around since 2010, but it's a lot more known now and there are (*could) be a lot more opportunity to make a profit. Cryptocurrency mining is a lot more mainstream now and a lot of people are dabbling in it, combined with other factors. I do know a lot of retailers have been jacking up prices because they know they'll be buyers and they're trying to make as much profit as possible.
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