- Aug 25, 2001
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Maybe we need at least one of these in every mining related thread on our forums?I propose a new law of the internet @VirtualLarry 's Law of the Internet: All conversations involving GPUs will always decay into a discussion about mining. Larry's Law for short, has a nice alliterative ring to it.
I am curious to see how this Christmas season goes. Normally manufacturers would be increasing orders to prepare for the sales volume, but if everyone is already tapped out I suspect prices are going to go gangbusters on everything as Mom's can't find little Timmy the 3080Ti he wanted so she goes and gets him the 6700XT or 6600XT that is actually there on the shelf.
I would assume the first wave of "price drops" are going to show up in February/March of 2022.
Just talking out my ass here, don't mind me.
First... I don't JUST do distributed computing, I help research cancer, nothing else. And I am "scum of the earth" since I don't understand crypto ? Tell that to the millions of gamers, and people like me who use video cards in a reasonable manner, instead of using all the natural resources of the earth to make money.I am surprised you would say this since you are so into distributed computing. You are entitled to your opinion of course, but still it surprises me.
Miners aren't the only reason for the lack of GPUs, and they do serve a purpose for those cryptos running PoW. So they make more sense than say, scalpers, or retailers who scalp. Also, there are different sorts of miners. There are large mining farms, which I think we should limit, but there are also small time miners as well. Many miners only mine on a single GPU when not gaming. Sort of a side income.
As we transition to PoS and such more, miners will play a lesser role of course.
Anyway, people who don't understand crypto are the scum of the earth.
Oh, I understand it, I just don't agree with trashing all of our natural resources to make money.I say again, people who don't understand crypto are scum of the earth.
Oh, I understand it, I just don't agree with trashing all of our natural resources to make money.
I'm not sure it's possible to express how amazing this image is. Did you draw it? Regarding Larry's Law, I think it could literally be true. If a GPU conversation is short and about something specific, then mining likely won't come up. However, if that conversation were to be artificially extended, then certainly it would decay into a discussion about mining. This is like zooming out on a graph. It looks a certain way up close, but zooming out shows the trend. It's also like a convergent infinite series in math. The sums of many terms occur for a very long time, but it all converges on a single number. In this case, the convergence of a conversation about GPUs on the topic of mining is described by Larry's Law. This is now a science.
For a 1660, I might understand, but a 1650? This same card was $255 a few months earlier, and I thought that price was harsh.
Miners be like:I could get if it were some doe eyed gamer that stumbled in to all of this, but we know that you mine Larry. You know full well what this card is actually worth so why are you surprised that someone else has figured it out?
None of this stuff is illegal even though we might despise the practices people are using to buy and sell GPUs and what their motives are. The only thing I have a problem with is the use of bots to buy up entire supplies and then people posting pictures and being braggarts about it. But since there is no law against it, what can you do? And again can you blame the retailers for not cracking down on the bots? They're making $$$ hand over fist so they don't care who they sell to. The definition of "scalping" is kind of a gray area. Is it scalping or just business? Who's to blame the seller asking outrageous $$$ or the buyer willing to pay it?
Yup. Just business.
Slightly OT, I've just seen an SD card with a 1000% markup. That's what I call professionals.
Well, the card in the OP only has 4GB, so it CAN'T MINE ETH, the currently most-profitable coin. So these are not really the object of the miner's eye, as far as card purchases go. (*)I could get if it were some doe eyed gamer that stumbled in to all of this, but we know that you mine Larry. You know full well what this card is actually worth so why are you surprised that someone else has figured it out?
B&H had a 3080 Ti in stock a few hours ago (at $300 less than the lowest eBay scalper listing)...I would have pulled the trigger on it if I had not just bought a 3080 Ti from an eBay scalper. The B&H price was $2000 no tax, the scalping price was $1900 after tax and shipping. I have an MSI GTX 1080 Ti Duke OC to be replaced, which is selling for $650 average curently on eScalp. After selling my 1080 Ti for a lot more than I paid for it 3+ years ago, and factoring in eBay 13% fee ($1900-$600=1300otd), I am in the end owning a 3080 Ti for MSRP+tax and losing an old GTX 1080 Ti that would have been worth exactly how much if there were no scalping issues and 3080's were in the wild for $500 used a year after release?
Sometimes you need to look at the big picture of how something economically effects you.
Pau
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Miners creating a rising tide that lifts all gpu prices up. Think I'm done with PC gaming once my Haswell 4C/8T Xeon and 1660 Super aren't enough to run new games well at 1080p (probably not too far off judging how crappy the cpu runs Cyberpunk).
dude not even microcenter is immune to it.
I paid for a RX6900XT i bought from the store direct back in 12/20/20 for 1149.00
That exact card is 1849.00 now at microcenter...
Sapphire Technology AMD Radeon RX 6900 XT Nitro Plus Overclocked Triple-Fan 16GB GDDR6 PCIe 4.0 Graphics Card - Micro Center
Get it now! The NITRO+ AMD Radeon RX 6900 XT delivers powerhouse 4K gaming performance with vivid visuals for an elevated experience. The all-new innovative Wave Fin Design working in tandem with our V-Shape Fin Design for GPU Cooling reduces wind friction and centralizes airflow for optimal...www.microcenter.com
700 dollar markup just because they can. And this is Microcenter... the place we all Toot that has great combo prices, and sorts on PC.
Last time I was there, they were charging $2600 for these. They weren't even selling, the shelves were full of them.