Hardware The heck is going on with GPU sales?

[Futurdreamz]

Newegg Canada has dropped nearly all 1070 Tis and only has a few of the 1070s and any 1080s, all of which are out of stock. Newegg USA still has a few, but they are now $900USD for a 1070 Ti when it used to be $700CAD in Canada...


And i thought cryptocurrencies were crashing? or is everyone planning to make money through transaction fees?

 

[TotalInsanity4]

Bitcoin just crashed, so miners are trying to mine the shit out of it to gain bitcoin while it's cheap, hoping it'll peak again soon

 

[Futurdreamz]

I think it's still crashing. Since the network is bogged down so much the crash is slow, making people feel trapped. Hopefully it plumments to the point that mining is not as economical anymore so that people start selling the GPUs they were hoarding.

 

[TotalInsanity4]

The thing that I hate is that while there are people like me that mine passively on my single gaming card for extra income, there are always the people who buy literally hundreds of cards and make a mining farm in a warehouse. It pisses me off that they're taking advantage of a nice thing for a get-rich-quick scheme

 

[Viri]

Ugh, I'm still stuck with a damn HD 6850, I wanted to upgrade to a RX 480, but this bitcoin shit is making it too damn expensive, lol. I hope it crashes and burns for those people buying 100's of GPUs at once. I know they're going to end up reselling them on eBay, nothing like buying a GPU that was pretty much stress tested 24/7 for months.

 

[Tony_93]

The thing that I hate is that while there are people like me that mine passively on my single gaming card for extra income, there are always the people who buy literally hundreds of cards and make a mining farm in a warehouse. It pisses me off that they're taking advantage of a nice thing for a get-rich-quick scheme

That's Capitalism for ya

 

[TotalInsanity4]

That's Capitalism for ya

Can we like

Stop it

 

[Joe88]

https://wccftech.com/high-end-graph...-ti-going-for-1599-and-amds-vega-64-for-2099/

 

[jDSX]

Why can't they buy the miner cards? I mean leave the consumer gpus for the ones who actually use them for gaming/hd/4k not mining fucking cypto money

 

[TotalInsanity4]

Why can't they buy the miner cards? I mean leave the consumer gpus for the ones who actually use them for gaming/hd/4k not mining fucking cypto money

Because all of those have been cleaned out already

 

[jDSX]

Because all of those have been cleaned out already

I mean all I wanted to get for my bday this weekend btw is a 1080 that I been eyeing only to see the price jacked to insane $$ like it's going out of style or something

rip gpu sales unless your made of money

 

[TotalInsanity4]

I mean all I wanted to get for my bday this weekend btw is a 1080 that I been eyeing only to see the price jacked to insane $$ like it's going out of style or something

rip gpu sales unless your made of money

Just wait a month, and set a price alert on pcpartpicker

 

[Futurdreamz]

Why can't they buy the miner cards? I mean leave the consumer gpus for the ones who actually use them for gaming/hd/4k not mining fucking cypto money

Because they intend to resell them after.

 

[Plstic]

Why can't they buy the miner cards? I mean leave the consumer gpus for the ones who actually use them for gaming/hd/4k not mining fucking cypto money

because those miner cards are made for bitcoin or litecoin. Ethereum is resistant to ASIC mining.

 

[Futurdreamz]

That's Capitalism for ya

That's not so much Capitalism as the crowd sourcing ideology reaching it's inevitable conclusion. The whole point was that the creators had a pie-in-the-sky dream of a world where everyone would work together and get awarded for their tasks. Once people realized that if they pump money into the system money poured out then it became a shit show

 

[linuxares]

Bitcoin just crashed, so miners are trying to mine the shit out of it to gain bitcoin while it's cheap, hoping it'll peak again soon

it is? Good!

 

[raystriker]

As Luke from Linus Media Group said, its a great time too look at consoles. And I whole heatedly agree.

God forbid someone turns the PS4 into something like an ASIC miner.

 

[RyanAnayaMc]

I recently was looking for buying a high-end GPU, but I was quickly turned off by the high prices on Amazon. I thought that my only hope of a GTX 1080 was shelling out $1000 to a third-party and I thought the MSRP was close to that (probably in the $900ish range). Then I actually looked at NVidia's site and apparently the MSRP is around $550 (which are unsurprisingly sold out for that price). I seriously want prices to go back down because my current GTX 1050 Ti is something I don't want to be stuck with forever.

 

[Joe88]

the msrp is $699 for stock (not recommended) so you will be probably spending around $750-800 for a third party one

 

[GameSystem]

Bitcoin just crashed, so miners are trying to mine the shit out of it to gain bitcoin while it's cheap, hoping it'll peak again soon

I'm not really understanding this. Wouldn't it make less sense to mine now that the price is lower? If 1 BTC is $10,000, (and for the sake of argument, I'll use imaginary numbers) and it costs $100 on your electric bill to mine .01 Bitcoin, that means that you spend $100 to make $100. If Bitcoin were worth $20,000, spending the same money on electric would get you $200, or a 2x return on your money.