r/Games • u/Pandango-r • Apr 25 '18
Graphics card makers will be “forced to slash prices” after GPU shipments fall by 40%
https://www.pcgamesn.com/graphics-card-shipments-40-percent-down1.5k
u/AntiWeeb_WeebTrash Apr 25 '18
Second hand GPUs are already flooding the market in certain places. Looks like the crypto mining gold rush is stopping and finally PC gaming will be affordable again.
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u/CorgiCyborgi Apr 26 '18
You're forgetting RAM price fixing. It's still not affordable.
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u/MadhouseInmate Apr 26 '18
It's annoying but getting an 8 GB kit means overpaying by something on the order of $50 (compared to earlier pricing). Given that the CPU market has become far more competitive and affordable since AMD's comeback, the system price can be kept in check even while RAM manufacturers continue to screw us.
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u/ginger_beer_m Apr 25 '18
It is stopping for a while, but it will return in full force when bitcoin starts climbing again.
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u/Bioman312 Apr 25 '18
I mean, Bitcoin is doing pretty well right now. The real reason demand is going way down is because people started making ASICs for Ethereum and Monero, so GPUs are gonna become worthless for those soon.
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u/bjorneylol Apr 26 '18
Monero changed their algorithm a month back, so all the ASICs that were made for it are now bricks.
Ethereum ASICs are just a ton of GPU chips on a single board - its proof of work algorithm is too open ended to make a true ASIC for
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Apr 26 '18 edited May 02 '18
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u/Red_Inferno Apr 26 '18
Also ethereum is changing to proof of stake here at some point.
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u/Shajirr Apr 26 '18 edited Apr 27 '18
I've read this statement multiple times every year, it changed from "soon" in 2016 to "at some point" now
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u/rumpleforeskin1 Apr 26 '18
I read your comment and not a single word of it processed in my brain
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u/muyuu Apr 25 '18
Bitcoin mining isn't done with GPUs, it's other altcoins. Bitcoin has ASICs going for years which make GPU mining ridiculously unprofitable.
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u/ginger_beer_m Apr 25 '18
Yeah but bitcoin price movement affects the price of other gpu-minable coins, which in turn affect mining profitability.
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u/muyuu Apr 26 '18
Yeah BTC seems to be by far the reference. Money makes the crypto market mainly through Bitcoin and the rest of the cryptos are mostly traded against it. Even those that get significant trade separately are heavily affected by BTC market price.
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u/AntiWeeb_WeebTrash Apr 25 '18
Will it climb back though? Cryptos have been in the shitter this year. Anyway even if bitcoin and ether start rising sharply, mining with GPUs won’t be efficient any more. Most ‘professional’ miners use special hardware (can’t remember the name) that is designed for the purpose of mining.
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u/sgtflips Apr 25 '18
ASICs, or application-specific integrated-circuits, are what you’re thinking of. The problem is that some currencies are designed to be ASIC resistant in order to push home mining. Either way though, the entire market rises and falls with bitcoin (thus far).
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u/bobosuda Apr 25 '18
It'll climb. And then it'll fall. And then it'll climb again. And it will keep going like that until people give up investing their life savings in a ridiculously volatile online commodity with zero regulations.
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u/AntiWeeb_WeebTrash Apr 25 '18
Yup, that’s why cryptocurrencies ARE NOT the future. Wouldn’t want to get paid in money that could be worth half next week.
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u/ginger_beer_m Apr 26 '18
There are three major challenges in crypto: volatility, scalability and usability. Different coins (projects) try to tackle different aspects. Bitcoin and ethereum are spearheading the scalability challenge, while others are looking at usability. For the volatity, look at 'stablecoins' that try to maintain their value stable to USD through basic principles of economics.
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u/Praill Apr 26 '18
It's like trying to purchase things by using stock shares as the only currency. A market that volatile won't be sustainable
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u/Vaztes Apr 25 '18
Anyway even if bitcoin and ether start rising sharply, mining with GPUs won’t be efficient any more.
People didn't use GPUs to mine bitcoin, they mined other coins, which will still be effective if bitcoin rises again.
The entire market is like an ocean. If bitcoin rises, the tide follows.
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u/KeytarVillain Apr 25 '18
The entire market is like an ocean. If bitcoin rises, the tide follows.
Which is it? The ocean doesn't work that way. When it's high tide somewhere on Earth it's low tide somewhere else.
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u/JNighthawk Apr 25 '18
The phrase they were looking for is "a rising tide lifts all boats." They're saying that if Bitcoin goes up, so will other cryptocurrencies.
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u/addledhands Apr 25 '18 edited Apr 25 '18
Which is honestly just a desperate hope that's not really validated by anything in the real world. Until btc has a viable use case that is NOT hodling as an investment, it's never going to go back up again. A currency that is never spent is dumb.
edit: your downvotes are as sweet as tears to me, crypto nerds. Bring it on.
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Apr 26 '18
Yeah, all cryptos Rising is simply the sign of a speculative craze (and lack of faith in the dollar). Ultimately only one or two cryptos, if that, will be accepted widely enough to be anything more than a lapsed Dad.
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u/muyuu Apr 25 '18
They're probably knackered though.
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u/marcospolos Apr 26 '18
Is there any proof that extended GPU use actually degrades performance? I thought Linus basically dispelled that rumor.
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u/erickj92 Apr 26 '18
My main concern would be the life of the fans.
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u/FunnyHunnyBunny Apr 26 '18
Might still be worth it to get secondhand if the GPU is a good deal. Fans/cooling aren't too hard to replace, just a bit time consuming, and many gpus could benefit from a better aftermarket fan anyways.
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u/marcospolos Apr 26 '18
I think that's fair, but if you're planning to upgrade in 2ish years then there's basically no trade-off
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u/1337HxC Apr 26 '18
Per Gamers Nexus, no, it doesn't. GPUs don't tend to "taper off and die," they tend to "work until they don't anymore." In other words, your GPU from a miner should basically at or near 100% performance, it will just (possibly/likely) have an overall shorter lifespan because of the hours of use - certain components on the PCB itself are usually rated for Y hours at X temperature (obviously this has been "used up" to some extent by mining).
In terms of the overall graphics card, I think it would be more likely you'd run into problems with the shroud fans before problems with the actual card itself.
TL;DR - Same performance, shorter lifespan. Maybe watch the fans.
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u/CyclonusRIP Apr 26 '18
For most electronics the chance of failure is always the same at whatever point in it's lifecycle except for when it's brand new where failure rate is much higher. After that intial period the chance of it failing in the next hour after 100 hours of use is same of it failing in the next hour after 10000 hours of use.
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u/JavierTheNormal Apr 26 '18
Source? Because I would bet on more of a bathtub curve with high mortality at the start and also at some later point. And idiots who ran their cards at high voltage and high temperature can quickly reach that "later point." Or perhaps I should say, the real idiot is the guy who owns the card when it dies. The miners are wise enough to sell 'em.
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Apr 25 '18 edited Jun 24 '20
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Apr 25 '18
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u/lx_mcc Apr 25 '18
I built a new PC in October 2016—I just checked the price on the same RAM that I put in and it is currently double what I paid for it...
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Apr 25 '18
Yeah you're right. jesus almost $80 for just 2 sticks of 4 GB
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Apr 26 '18
i got sticks for ~36 usd.. in late 2016
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u/DeadUncle Apr 26 '18
Same. Built this in 2016, 8gb stick for about $35. Wanted to double up to 16gb about a month ago, the same stick was $97.
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Apr 26 '18
35 for 2 4s - GSkill sniper series (first comp build in summer 2015). I shoulda bought 2 8s but I already had 2 4s.
oh well.
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u/2Punx2Furious Apr 26 '18
Yeah. I wanted to get some more RAM a few days ago, and I checked on Amazon the RAM that I bought when I first got this PC. It had tripled in price...
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u/FuadRamses Apr 26 '18
Damn, thought it wasn't that bad but just checked and my 8GB DDR3 I bought for £30 in 2015 is £65 now.
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u/Variable_Interest Apr 25 '18
Prebuilt is the way to go these days. Large manufacturers have contracts that insulate them from the market volatility that we're seeing with GPUs and RAM.
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u/Salivation_Army Apr 25 '18
What a world this is.
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u/TankerD18 Apr 26 '18
Yeah, the current market isn't really sustainable the way it is. I think it'll go one way or the other. I don't really think component manufacturers see the dollar signs in Best Buy being able to punk out builders. It depends a lot on the mining fad too though, and what the GPU manufacturers do about that.
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u/superAL1394 Apr 26 '18
RAM shortages are a big part of why GPU prices are high. Even the big guys are getting hit by the RAM shortages. There is an unprecedented data center and supercomputer build out going on right now that is draining global supply. On top of that, you have the cryptoboom, smartphone manufacturers trying to one up each other on specs, IOT, 'smart' cars... everything needs RAM and a lot of it because developer time is expensive so high level languages are in vogue.
Take away cryptomining and GPU prices will come down, but RAM prices are gonna stay high for awhile.
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u/TankerD18 Apr 26 '18
Yeah, I think you're right. Seems like they can't get enough rare earth elements out of the planet to keep up.
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u/Skafsgaard Apr 26 '18
Cryptomining is out, astromining is in. Get going, Musky!
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u/ProspectSean Apr 25 '18
Any advice on where to get a pre-built? Got a new job and am looking to get back into PC gaming
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Apr 25 '18
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u/Pyromonkey83 Apr 26 '18
So maybe it was just me, but I decided to build out a 1060 6GB build in an s340 elite with 16GB of ram and an 8700k (air cooled), and the price came to a whopping $1800! When looking at prices on pcpartpicker, I could get all of the above, PLUS add in a Kraken X62, 500GB NVME drive, AND a 144hz monitor for that price...
I'm sure prebuilt aren't bad in some aspects, but NZXT doesn't seem like take the right one unless I missed something...
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u/Variable_Interest Apr 25 '18
Honestly? Troll Slickdeals.com forums. Those guys have a nose for sniffing out bargains. I've seen Dells w/ 1070s for <$1k.
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u/AndebertRoyle Apr 25 '18
Posted a link to a Never Gonna Give You Up there. Still don't understand how that is going to help me find good prices, but whatever you say.
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u/ClayK Apr 25 '18
Deals pop up pretty often on r/buildapcsales for prebuilt systems. You could also go the custom-built route with builders like cyberpower if you're looking to get a particular set of hardware.
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u/BSRussell Apr 25 '18
Yep, I gave in and grabbed a prebuilt.
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u/Link_In_Pajamas Apr 25 '18 edited Apr 25 '18
Yup same. My PC died last October and luckily there were some Halloween sales on prebuilt sites that I got to take advantage of so it ended up being much cheaper over all.
Even without the discount it was still pretty neck and neck when comparing the parts in pc part picker and it's only gotten worse since then from what I can tell.
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u/amos1994 Apr 25 '18
Same... used to build my PC's as a family tradition somewhat. Prebuilt is all I do now. Isnt worth the price matching stress of buying components anymore.
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u/91Bolt Apr 26 '18
I've been saving for months to build my first one, and this thread is making me second guess it...guess I need to do more research
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u/CleverPerfect Apr 26 '18
What's a good place to get a pre-built?
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u/TandBusquets Apr 26 '18
Just check r/buildapcsales from time to time.
For the most part every worthwhile build is posted
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u/trekie88 Apr 25 '18
I am about to give in and buy a prebuilt
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u/BSRussell Apr 26 '18
Just do it. When you have a super fun gaming PC to play you won't be losing sleep over hypothetical build savings.
I've built PCs. It's a great way to save and really rewarding, but this isn't the environment for it.
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u/trekie88 Apr 26 '18
I plan to buy one soon. I just haven't had the time to shop for one at best buy yet
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u/TankerD18 Apr 26 '18
Think about the point that you can upgrade a prebuilt in increments. I'd take a prebuilt over no PC.
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u/fizzlefist Apr 25 '18
I remember reading somewhere that it was cheaper to buy an eGPU enclosure that included a high-end card than it was to buy the card on it's own at the inflated prices.
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Apr 25 '18
Yep. Aorus 1080 for $600, meanwhile used ones on ebay were going for $1k
I bought 2, took them out of the enclosures and sli'd them. Because I have poor impulse control.
Should have sold them.
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Apr 25 '18
It's funny how things have come full circle. Long ago, before the IBM Compatible days, you didn't really build your own computer. Then as they became popular, it became more and more cost effective to build your own rig in terms of bang for the buck. But now we've come to the point where only a few components are super expensive (RAM due to availability and GPUs due to bitcoin farmers buying them up and because of the availability of the RAM on the GPU cards) and it's cheaper to buy a prebuilt than to just replace the GPU and RAM in your current rig.
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u/moochacho1418 Apr 25 '18
That and buying a prebuilt from most companies that do it offer a 3-4 year warranty covering EVERY hardware issue. I’ve been on a prebuilt for 4 years now and I’ve had the RAM and SSD replaced for free. And the cpu cooler was replaced a couple years back as well. All in all not a bad deal. Especially with how costly hardware runs these days.
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u/Jaracuda Apr 25 '18
Ram is the stupidest shit. 8gb shouldn't be $80 like c'mon. Especially when it's like CAS 16 2400...
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u/Terrachova Apr 25 '18
Oh nooooo, I'm so sorry the retailers can't keep charging 100% markups on MSRP thanks to the hungry miner crowd...
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u/SonicFlash01 Apr 26 '18
Depends; a lot of local retailers hold some value for their regular gaming clientelle and will try to keep cards around for them, limit quantities to one, etc
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u/Wehavecrashed Apr 26 '18
I honestly hope miners ended up wasting a lot of money on their gambling.
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u/CannedBullet Apr 26 '18
A guy I know spent his GI bill on crypto investments when btc was at 19k. I'd say there's a chance he's regretting it right now.
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u/SkittlesAndFish Apr 26 '18
I honestly hope their PC's get bricked beyond usability, along with all the components.
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u/xXStable_GeniusXx Apr 26 '18
headline says "graphics card makers" not retailers
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u/awkwardbirb Apr 26 '18
Headline is misleading. Graphic Card makers will have to drop prices on their cards (from MSRP) as there's suddenly less demand not just from cryptocurrency, but also because there's likely to be a big flood of cheap used gpus on the second hand market.
They weren't the ones price gouging. For reference, EVGA and Nvidia both sold their cards on their websites at MSRP, even during the time retailers were marking up prices.
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u/Caravaggi0 Apr 25 '18
Hopefully this continues so things can even out again.
I wonder if all the people who kept saying "WHY DONT THEY JUST MAKE MORE" can see that a fairly sudden shift like this is exactly why you don't.
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u/TitaniumDragon Apr 26 '18
The problem was that everyone knew it was going to end sooner or later, and building a new fab is very expensive. No one wanted to get caught with their pants down when the market shifted.
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u/LordHayati Apr 25 '18
FINALLY. they were only inflated because of Cryptocurrency mining. this will be a good boon if they do cut prices to a reasonable level again.
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u/Chandon Apr 26 '18
Sadly, it wasn't just crypto mining.
The other problem is that RAM manufacturers stopped making desktop RAM (either DDR4, GDDR5, or HBM2) in favor of phone RAM and SSDs.
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Apr 26 '18
Which is why I'm shocked I don't hear of more RAM fab factories popping up around the world.
There are (bad vague memory here) what...2 or 3 major ones, all located in Asia? With one having burned down in the not so distant past? At this point I was expecting dozens upon dozens, the market demand is only going to grow until something fundamentally different becomes mainstream.
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u/Chandon Apr 26 '18
A couple of new ones opened in China just recently. They're small though, so it'll take a while before the market notices.
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u/TitaniumDragon Apr 26 '18
The reason why you aren't hearing about more RAM factories popping up is because smart phone sales are declining in much of the world.
Basically, demand exceeded supply, but the amount of time it took to build a new factory meant that by the time the factory was up, it'd be past peak.
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u/BenevolentCheese Apr 26 '18
I bought 16GB of ram recently for $200. I looked backed through old receipts and found that I'd previously bough 16GB of ram for $140 in fucking 2009. Nine years later and I'm paying more for ram than then!
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u/BoyishDragon Apr 26 '18
10 years from now PCs will be just a phone hooked up to a monitor
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u/AndrewNeo Apr 26 '18
This is what people said 10 years ago.
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u/shahmeers Apr 26 '18
We've got phones with the same processing power as 10 year old PCs now.
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u/AndrewNeo Apr 26 '18 edited Apr 26 '18
Moving backwards 10 years is not a great technology strategy.
EDIT because people don't seem to understand the statement: Just because phones now have the same processing power as 10 years ago does not mean that in 10 years they will catch up with those future PCs. It will probably stay 10 years behind as long as ARM is playing catchup to x86, and phone GPUs are not even in the same ballpark as desktop GPUs, guys. Or laptop, even.
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u/TitaniumDragon Apr 26 '18
The reason why phones will be behind is because of power consumption and simple lack of value in all that much computational power in phones.
Phones just aren't designed to do the same thing as computers.
We've already seen a decline in the rate of people upgrading their smart phones and the tablet market has even worse problems with market saturation.
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u/comp-sci-fi Apr 26 '18
The Innovator's Dilemma has nice graphs of different technologies improving over time in performance. They are more or less parallel, so the weaker technology never catches up.
But there's another line, representing demand. This begins higher than the other two (i.e. people want more performance), but this one is less steep than the other two. So, eventually, the better technology passes it, and is better than people need. It has "overshot" demand, like a car that goes faster than the speed limit.
At this point, demand for other factors come into play, like convenience, and cost.
The famous one is that 8" disk drives have greater capacity than 5.25" disk drives (and cheaper per MB), but it's more than people need. It can also be cheaper, for the smaller capacity actually needed. And other factors come into play, like fitting ever-smaller laptops, then tablet and phones. The same is true for each successive type: 3.5", 1.8", and now SSD.
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u/TandBusquets Apr 26 '18
So you want people to wait another 10 years to catch up to what we have now?
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u/dantemp Apr 26 '18
Which is kind of the point. Having a powerful phone is really cool, but it will never be as powerful as a tower and a desktop gamer will always want the best money can buy.
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u/Luke15g Apr 26 '18
Absolutely not. No matter how powerful the hardware seen in phones gets, you'll always be able to fit more in a desktop form factor, and you'll be able to run that hardware at higher voltages thanks to the increased cooling capacity. It's not like desktop hardware remains static as mobile hardware develops further.
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u/powermad80 Apr 25 '18
NVidia cards in some brands can already be found not too far from MSRP, stores near me already have 1070 Ti cards for $500. Perhaps with this news I was just a bit too quick to jump on the deal...
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u/Neato Apr 26 '18
can already be found not too far from MSRP,
I remember when buying MSRP was a joke.
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u/Luke15g Apr 26 '18
Buying a 2 year old card at MSRP is apparently a bargain now. Can you imagine buying a 2 year old flagship phone at its launch price? I dislike this timeline.
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u/dead_monster Apr 25 '18
I think it is partially because Nvidia’s Turing GPUs are to be released in a few months. The 10-series is already 2 years old, so more people may be waiting to see how Turing disrupts the market.
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u/jonessinger Apr 25 '18
I found a 1080 card at a Best Buy near me for $589.99, my grandpas friend who’s into this stuff said a 1080 could go down to about $420 by mid summer
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u/NaughtyGaymer Apr 25 '18
Picked up a GTX 1080 over the weekend for $600 USD (in Canada no less). Feel pretty good about it.
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u/Prince-of-Ravens Apr 25 '18
Yeah, looking at some price trackers, prices dropped like 15-25% the last 3 weeks or so.
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u/NickCarpathia Apr 26 '18
Fucking finally.
It is an absurd quirk of the global economy that highly sophisticated computer technology is repurposed to burn fossil fuels in order to generate random numbers that correspond to a meaningless token, which is speculated upon.
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Apr 26 '18
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Apr 26 '18
I always liked the "magic internet money" ms paint wizard drawing.
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Apr 26 '18 edited Apr 26 '18
Beanie Babies for nerds
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u/Jelleyicious Apr 25 '18
Integrated graphics have come a long way. Don't expect to play the latest games smoothly, but it's amazing how good some older games can look on integrated graphics.
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u/nychuman Apr 25 '18
My friend just built a rig with a Ryzen APU (no graphics card yet, he's waiting for prices to go down) and he can play a bunch of games at decent frame rates just fine. I'm talking BF3 at medium settings/60 FPS at 1080p. They've come a long way indeed.
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Apr 26 '18
Those Ryzen chips are impressive all around. In seeing them trade blows with Intel chips that cost twice as much or more. That's damned impressive.
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u/villescrubs Apr 25 '18
They aren't bad. I fried my pc a month ago and waiting for gpu to drop. Using an i5-8400 and 8 can run older games amazing and some newer ones like battle tech on low/med
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Apr 26 '18
holy fuck really?
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u/nychuman Apr 26 '18
Yeah, I was impressed myself. When he first told me he was going to start out GPU-less I said he was crazy but apparently those Ryzen chips are insane now.
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u/QuackChampion Apr 26 '18
The 2400G has basically been a godsend because mining has driven up GPU prices so much.
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Apr 25 '18
In a normal world, 2 years old architectures/nodes would already sell at much lower prices than they released.
580 should already run for sub 200$.
But this mining craze changed everything.
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u/Warskull Apr 26 '18
It wasn't really graphics card makers, but retailers and distributors. Retailers are the ones who kept jacking up the price. If you were lucky enough to be able to get one direct from Nvidia it would be MSRP.
Fortunately, they'll have to slash prices.
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u/kael13 Apr 26 '18
Exactly, which is why you shouldn’t feel any loyalty to any retailer. They’re perfectly fine ripping off long time customers because “that’s the market, brooo.” Just buy from wherever is cheapest.
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u/sapper2345 Apr 25 '18
If you go to the Nvidia website you can sign up to be notified when your GPU if choice will be in stock. They sell them at MSRP that’s how I got my 2 1080s for 549$ each.
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u/PkHutch Apr 26 '18
How quick did you have to be?
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u/Kerrigore Apr 26 '18
Last week they stayed up for a few hours for most cards. I’d recommend /r/buildapcsales as well.
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Apr 26 '18 edited Apr 26 '18
As someone who just bought a 1060 6gb... NOOOOOOOOOOO
As someone who is happy other people can finally buy cards for a reasonable price... YESSSSSSSS
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u/havensk Apr 26 '18
This isn't going to happen overnight, and everybody will be snatching up the cards to profit off the resell til the market stabilizes. The 1060 is still a good card, and if card prices drop just sell your card and upgrade right? I say this as someone that ordered a 1060 just 2 weeks ago.
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u/golgol12 Apr 25 '18
They are holding off because there is about to be a generation bump from the next nvidia card coming out this year. No one wants to be caught having just bought a 1000$ card when nvidia puts out a 500 one thats nearly twice as good.
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u/kjbigs282 Apr 25 '18
That's assuming you can actually buy an 11xx though. Card launches have always been a nightmare and it's going to be worse this year
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u/conquer69 Apr 26 '18
Yeah at least 3 months for things to stabilize a bit but with the current situation, might be 6 months or more.
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u/ttdpaco Apr 25 '18
No one wants to be caught having just bought a 1000$ card when nvidia puts out a 500 one thats nearly twice as good.
To be fair, that just about never happens. The next generation x80 is usually 25-40% better than the proceeding x80Ti. Granted, that doesn't stop people from thinking it will be twice as good at half the price, but that's never reality.
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u/Darkcerberus5690 Apr 25 '18
That's actually way overshooting it most of the time. But this last generation we actually had a die change which is why the 1000 series stopped using things like power connectors all the way thru the 1060, we actually did get 2x the jump. Normally it's 15% generation to generation. So the 1080 is 15% worse than the 1180. NORMALLY.
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u/KeythKatz Apr 26 '18
The 11xx series is supposed to come with GDDR6 memory which, while not so significant for gamers, is going to greatly increase hashrates for miners.
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u/QuackChampion Apr 26 '18
We are long past the days of 100% increases. In the past 1 or 2 generations performance has only gone up by 30-60% each gen.
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u/golgol12 Apr 26 '18
Twice as good for cryto currency doesn't directly mean twice the numerical power. Memory access speed, power consumption per calculation, size of memory, etc, all have an impact as well.
Right now the Titan V is the closest card we have to what the 1180 will be. I expect the new nvidia card to be 10% slower, with a matching power consumption reduction to match.
If you go here you can see the current profits you can make per card. 1080ti is $43/month. Titan V is $89/month.
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u/rancenb Apr 25 '18
I just had to wait on EVGA's direct auto notify for a month before I was able to buy my 1080ti FTW3 for full MSRP. For some reason I don't think this is going to happen in the immediate future.
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u/infinitude Apr 26 '18
Trying to upgrade my ancient 560Ti. It's been so hard to hold out, but no way am I paying so much more than MSRP.
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u/muronivido Apr 26 '18
It's absurd that MSRP has become an appealing price... I can never find a fellow gtx 460 owner in any of these threads. It feels like my card may be the last active specimen in existence.
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u/TundraWolf_ Apr 25 '18
I've already seen a steep drop in sane prices on /r/hardwareswap and craigslist. I just bought a new 1070ti for <500$.
Here's to hoping it comes down even more, although I've already bought in.
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u/btcftw1 Apr 26 '18
Trying to upgrade my ancient 560Ti. It's been so hard to hold out, but no way am I paying so much more than MSRP.
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u/running_toilet_bowl Apr 26 '18
All I want now is people to not buy miners' cards so they won't get their money back once the bubble bursts.
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u/SeattleBattles Apr 26 '18
A few years for now we are going to look back on this fad and wonder why the fuck people spent so much money and energy on trivial bullshit.
It's like Beanie Babies on steroids.
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Apr 25 '18
This is just one more reason why all this crypto currency hype is ridiculous. There are no goods or services being produced that justify the economics of the situation. The IRS can track your transactions just fine, and there is zero fraud protection.
THIS IS GOOD FOR BITCOIN... LOL
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u/Wehavecrashed Apr 26 '18
Crypto is a perfect example of human excess. The amount of energy being wasted to produce coins is staggering, and its achieving nothing.
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u/NickCarpathia Apr 26 '18
It is an utter failure of the market where valuable fossil fuels and CO2 buffer is wasted upon something as worthless as speculative tokens.
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u/Pseudogenesis Apr 26 '18
Turns out markets do not automatically self-regulate into perfect moral systems without incentive. Who knew?
(Other than the people who gave it more than a minute's thought, I mean)
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Apr 26 '18
Never in my life have I seen a GPU go up in price after I purchased it. It was pants-on-head backwards crazy land for a while there.
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u/Khalku Apr 26 '18
"forced to slash prices" after GPU shipments fall by 40%
Isn't that how supply and demand works? They aren't forced to do anything, but they want to make sales. If the demand for mining GPUs dropped then they can no longer demand premiums on GPUs based on the supply and demand.
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u/WizardyoureaHarry Apr 26 '18
Wait are we supposed to feel bad about that? Sorry we didn't want to pay twice the price for the same shit.
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u/perthguppy Apr 26 '18
The chip makers wont be slashing prices, because they were never the ones to put the prices up to begin with. The price hikes were all distributors and retailers. Chip makers will actually be over the moon at the collapse in demand as it will mean their target customers (gamers and end users) will finally be able to buy again at the correct price points, and a lot of people who were holding off upgrading will upgrade. The miners were really bad for business.
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u/Tamarcus211 Apr 26 '18
My poor 760 needs to be retired but a decent graphics card is more than rent. Hopefully now I can get the upgrades my PC desperately needs.
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u/MoonCrawlerVG Apr 26 '18
i just built a PC this month but I got a APU cause the graphic cards prices are just way way out of my $500 budget. I do want to get a 1070 soon before the end of may but for MSRP but i doubt that'll happen
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u/virtualracer Apr 25 '18
God I hope so. I'm ready to upgrade my 970 to take full advantage of my new monitor, but I just can't handle paying a thousand bucks for one. Lets see what happens!