VirtualLarry
No Lifer
- Aug 25, 2001
- 56,226
- 9,990
- 126
Like what? Longsoon CPUs?Don't you think they'll just get stuff from China?
Like what? Longsoon CPUs?Don't you think they'll just get stuff from China?
Depends how much Chinese like Russian imports.Don't you think they'll just get stuff from China?
Chinese probably don't have enough AMD/Intel/Nvidia silicon for themselves. They won't part with them without cold hard dollars and Russians will have a hard time justifying that kind of expense.Like what? Longsoon CPUs?
I mean I guess Russia could buy from China, but with what money? Rubles?
Oh wait I guess they can finally use all that Crypto for something...
Well, prices are definitely coming down. This XFX 6700XT has been in stock today for $600 pretty much all day. While still too high for what it is, it's a definitive improvement, and I believe it will only get better as ETH goes PoS.
Well, prices are definitely coming down. This XFX 6700XT has been in stock today for $600 pretty much all day. While still too high for what it is, it's a definitive improvement, and I believe it will only get better as ETH goes PoS.
I actually believe current card "surplus" is due to declining demand from miners. I think ETH being 50% off from ATH and reality of ETH PoS merge is finally setting in and miners are finally wising up and no longer snatching up cards the way they used to. There is still pent up demand from gamers which is what helps keep prices afloat for now, but once ETH goes PoS the floodgates will open and prices will plummet. To be honest, if I was a small/medium size miner, I'd start selling cards now before the Zerg Rush. I mean during the great firesale of 2018 you could get used cards on ebay for half off MSRP. Right now, I'm just patiently waiting on a chance to snag a good 6800XT for cheap when it happens. If all things align, end of 2022 is going to be awesome, firesales on current gen videocards and Zen3.Imagine having "bit the bullet" and bought a 6700 XT for a grand like two weeks ago lol. At this stage, that card should be regularly on sale for $400 and $300 max on ebay. You still got miners filling their garage from floor to ceiling with these things not even caring that it will take 3 years to break even if mining stays the same. Eyes glazed over, brain turned off, mouth foaming violently.
Hmm, I wonder if I should sell one or both of my 5700XT cards soon.
Sadly, it's getting that way. My rigs heat my place, so I keep them running in colder months.but i really am not inclined to put money into my crypto farm, as its more for entertainment
I'd imagine the same guys could easily just make another one and call it Derpthereum or something, no?
I wouldn't expect to be able to buy a 4000 series until a good 6 months after release, and that's assuming mining has been absolutely dead for months before that. The demand is going to be laughably massive. The kind of thing where you know there's no chance, so you just sit back and watch the madness. Of course, you could always grab a 4090 off ebay for $6000 if you're OK with that.
Also, when it comes to mining, why doesn't someone just make another Ethereum-like coin? People act like it's real or something. I'd imagine the same guys could easily just make another one and call it Derpthereum or something, no?
>>during the great firesale of 2018 you could get used cards on ebay for half off MSRP.
Huh, I hadn't realized that prices were down so much at that time. That happened to be when I needed a couple of 4GB low power (<50 watts) video cards for a couple of systems I wanted to upgrade. Now I finally understand why these RX 550's that I bought are STILL selling for more than I paid, even 3 and a half years later. So you're predicting a similar price crash on video cards coming up in the next year or so?
I'm skeptical. What's to stop miners from living off of the tangible assets they have acquired from selling crypto and keep on hanging to their GPU stash? There might be a little price drop but not really a half MSRP one. They all know by now that GPUs have value so they won't devalue their assets by flooding the market with them. They will release them bit by bit, to keep gamers thirsting for more.It could be epic for gamers everywhere.
Your post seems to surmise that miners act together in concert, or something, "won't devalue their assets by flooding the market with them"... well, the earlier they sell them coming off of these inflated prices, the more that they can get for them, thus sell pressure starting up. Good old competition against your neighbors.I'm skeptical. What's to stop miners from living off of the tangible assets they have acquired from selling crypto and keep on hanging to their GPU stash? There might be a little price drop but not really a half MSRP one. They all know by now that GPUs have value so they won't devalue their assets by flooding the market with them. They will release them bit by bit, to keep gamers thirsting for more.
Especially in Europe, where electric power costs are increasing (doubling!) in the very near future (even before the Ukraine thing.)
Heat insulation of your home to trap the heat inside and use less power for heating, a possibility for you?but next winter will be an absolute ****show. Not looking forward to that.
Only doubling? You'll be lucky. Try tripling. Even quadrupling in some cases. Further, spot prices can be even higher then that.
I went from paying 0.46DKK per KWh (ex. taxes and VAT) last spring to paying 1.55DKK now. I'm expecting that to rise to ~2.00DKK next quarter. Luckily we're entering spring so we're getting more solar and using less power for heating, but next winter will be an absolute ****show. Not looking forward to that.