RIP Gamers, not even the 1080 Ti will save you now.

[JSt0rm]

its like what would happen if people could make their own beanie babies by plugging in a device.

The people who made the real money during the gold rush were those selling the shovels.

 

[SteveGrabowski]

If people are willing to wait and gamble on auctions they would be better served simply pre-ordering at retail-ish prices.

By definition, if you cannot guarantee delivery and cannot guarantee pricing, then it's not a market price.

I don't trust "Buy it Now" prices on ebay as market prices, since you can almost always see gpus listed with over the top "Buy it Now" prices. I know 1070 are super hot right now since I have seen them actually sell at up to $1125 in ebay auctions. An auction just ended on a GTX 970 SSC, and it went for $244.50. Not bad since the five or so auctions I watched last week on 970s all ended with winning bids around $215.

https://www.ebay.com/itm/USED-EVGA-...CX-2-0-Video-Card-04G-P4-3975-KR/352253885610

 

[ElFenix]

If people are willing to wait and gamble on auctions they would be better served simply pre-ordering at retail-ish prices.

By definition, if you cannot guarantee delivery and cannot guarantee pricing, then it's not a market price.

ebay shows sold prices. just take the average of those (it includes both BIN and auctions) over the last couple days and that's the market.

your claim that auctions don't make up a portion of the market is absurd.

 

[24601]

ebay shows sold prices. just take the average of those (it includes both BIN and auctions) over the last couple days and that's the market.

your claim that auctions don't make up a portion of the market is absurd.

People are gambling on pre-orders and buying every modern GPU at retail-ish prices as well.

That doesn't make retail-ish prices market prices.

Denying reality doesn't negate reality.

 

[ElFenix]

People are gambling on pre-orders and buying every modern GPU at retail-ish prices as well.

That doesn't make retail-ish prices market prices.

Denying reality doesn't negate reality.

uh, what people are paying is the market. what else would it be?

 

[24601]

uh, what people are paying is the market. what else would it be?

If people are willing to wait and gamble on auctions they would be better served simply pre-ordering at retail-ish prices.

By definition, if you cannot guarantee delivery and cannot guarantee pricing, then it's not a market price.

Words have meaning, they don't conform to whatever you prefer them to mean.

This is my last reply on this subject, debating semantics simply because you prefer the meaning to be something else is pointless.

 

[rolodomo]

This market is absolutely insane. I'm down to my last 3 1080's in stock and 2 1050 ti's otherwise my store has been completely wiped out and our vendors have absolutely no idea when they're getting more. I sold my last 1060 this morning, I didn't want to sell to a miner because I can't sell gaming systems with out card stock to put in them, but the guy said name my price and he'd pay anything for one. Sold it to him for $499 as that's the selling average on EBay and now I have a huge hole between 1050 ti and 1080's. Combined with RAM pricing the GPU market is really messing with my sales and it hurts small businesses.

Interesting perspective, sorry to read about your troubles. Are you in a position to provide technical support for miners, especially the newer ones rushing in? I read a post today where someone saw a guy at Microcenter buy 10 video cards (4 GTX 1060s, 3 GT1070s, 2 GTX1070Tis and a GTX1080). From all that, the guy said he was building ONLY two mining computers and hadn't played video games since the original NES.

 

[DrMrLordX]

The Asus Strix RX Vega 56 was in stock at Newegg for $699 for a little while today.

$699 seems to be the price floor for after market 56’s.

NewEgg still has Vega FE cards in stock, though they're up to $849 now. Apparently they're using a white "View Details" button so some potential buyers might think they're ought of stock and not click through to buy one. I have no idea how they still have stock otherwise.

Right now nanopool is reporting $163/month profit for my Vega FE mining ETH, and it's only doing 40 MH/s right now. Plus there's no telling how high ETH might go by the end of the year. That's ~$140/month after power, and I could probably get it up to 42-43 MH/s just by tuning RAM a little more, and could get power usage down a little with some reg hacks . . .

Anyway I'm at about a 5-month RoI on this card, not counting gaming time when it will not be mining. No wonder they're selling like hotcakes.

If/when the next mining crash occurs, you're going to be able to buy 1070's for $200 and 1080Ti's for $300 as the market will be flooded with them.

Here is the problem: with the current shortages of video cards and (overall) rising prices of cryptocurrency, it's getting hard for the "big boys" to bring more hashpower online. Demand for the cards keeps going up up up and supply isn't going anywhere. So that's going to do nothing but extend the current mining run. The only way you are going to see a crash in the mining card market is if you see a combined crash in crypto values AND some major coins shutting down their mining by moving to PoS. ETH is going to lead the way eventually, but they haven't even gotten basic FFG running on the main net yet, so it could be another year or two before we see significant action in card prices.

 

[VirtualLarry]

I g

so it could be another year or two before we see significant action in card prices.

I guess that explains the $600+ RX 550 I saw the other night.

 

[sao123]

So will we see stock levels of nvidia cards raise anytime in the near future?

 

[Charlie22911]

Im very interested in what price point nVidia will announce consumer Volta at and how/if they will address mining and supply issues. I’ve been woefully ignorant to just how bad things have become, I admit I was wrong.
I never ever preorder anything (minus the Switch), but it may be worthwhile to do so with this next generation... which is sad. One thing is for sure, if any major natural event happens that takes any fabs offline... well R.I.P. everyone.

 

[Fir]

Why release Volta now when they can skip a step and re-release a 1080Ti called Miner's Edition?

 

[Charlie22911]

Why release Volta now when they can skip a step and re-release a 1080Ti called Miner's Edition?

A cut down 1080ti with GDDR5 instead of GDDR5X would actually do pretty well I’d think, at least for Ethereum. Something something better timings.
On the flip side, AMD is moving product as fast as they can; they need the money for R&D. The gap between AMD and nVidia with regards to R&D is pretty bonkers, and AMD needs to better compete with nVidia.

 

[JSt0rm]

Why release Volta now when they can skip a step and re-release a 1080Ti called Miner's Edition?

They should make headless cards for miners.

 

[Fir]

They should make headless cards for miners.

Yes along with some tools to optimize hash rate vs. noise/power. Or have higher density single slot liquid cooled ones with more capable VRMs tuned for sustained loads, etc.

 

[rolodomo]

Yes along with some tools to optimize hash rate vs. noise/power. Or have higher density single slot liquid cooled ones with more capable VRMs tuned for sustained loads, etc.

I think re-sale value of the GPU(s) is a big deal for miners, although if the average miner has 10 or so GPU(s) per mining rig, I don't see the re-sale market (e.g., a non-miner doesn't want 10 used GPU(s) for their computer).

 

[nitromullet]

I think re-sale value of the GPU(s) is a big deal for miners, although if the average miner has 10 or so GPU(s) per mining rig, I don't see the re-sale market (e.g., a non-miner doesn't want 10 used GPU(s) for their computer).

That is sort of the double whammy that gamers are going to get as a result of this. Either we sell now for a profit and go without a video card, or we wait and end up having to sell cheap because we're competing against a flood of used mining cards.

 

[JSt0rm]

I think re-sale value of the GPU(s) is a big deal for miners, although if the average miner has 10 or so GPU(s) per mining rig, I don't see the re-sale market (e.g., a non-miner doesn't want 10 used GPU(s) for their computer).

Yeah if they ever want to sell then many people are wanting to sell and the market will be flooded with cheap cards.

 

[Charlie22911]

The flood of cards would be very useful for folks who do Rendering/GPU compute (hashcat!)/Distributed computing.

 

[DrMrLordX]

They should make headless cards for miners.

They do. They sell them mostly in China.

 

[Qwertilot]

That is sort of the double whammy that gamers are going to get as a result of this. Either we sell now for a profit and go without a video card, or we wait and end up having to sell cheap because we're competing against a flood of used mining cards.

Which is why I've been suggesting - actually reasonably seriously - that gamers really should look into a collective boycott of buying second hand ex mining GPUs. Its clearly messing with the economics of our market, so why encourage it?

 

[frowertr]

Yeah they do sell headless miner cards. MSI makes some. The resa!e will be horrible for them.

If the crypto market prices continue to nose dive like this, demand for GPUS may start falling off.

 

[IronWing]

Which is why I've been suggesting - actually reasonably seriously - that gamers really should look into a collective boycott of buying second hand ex mining GPUs. Its clearly messing with the economics of our market, so why encourage it?

How would we know which cards are being sold by miners? As the mania winds down I expect the second hand market isn't only going to be hammered by the flood of used cards, it's going to be hammered by a flood of cards that have been ridden hard and put away wet. I don't really want a card that has been run hot 24/7 for weeks or months on end.

 

[ultimatebob]

Yeah they do sell headless miner cards. MSI makes some. The resa!e will be horrible for them.

If the crypto market prices continue to nose dive like this, demand for GPUS may start falling off.

Bitcoin seems to be going down in price, but Ethereum keeps going up. I think that you can still profitably mine that one with a GPU... right?

Has anyone found a way to mine crypto on an XBox One, yet? I bet that the GPU on the XBox One X could do a decent job at mining Ether.

 

[Qwertilot]

How would we know which cards are being sold by miners? As the mania winds down I expect the second hand market isn't only going to be hammered by the flood of used cards, it's going to be hammered by a flood of cards that have been ridden hard and put away wet. I don't really want a card that has been run hot 24/7 for weeks or months on end.

If you're not absolutely sure then given the seeming statistical odds I'd assume anything second hand in/post a putative mining crash was ex mining