The best thing for demand it will have is the drivers halving the hash rate on 3060s, so miners won’t want them.
zenblack
8087
Still looking for a 3080 or 3070 if anyone is having any luck and wants to help out a fellow Qt3’er. The stock seems to have dried up with barely any drops recently and with the bots I have been booted out of checkout 4 times on cards while it was processing my payment :(
Kyrios
8088
I’m on a 1070 still and at the point where I’m looking to pop a new one in… and I’m pretty much just resigned now that my luck on getting a PS5 is going to have to hold me through this year. Though my MicroCenter does report “limited availability in-store” of 3090s this morning at the low low price of $1839.99! (They’ve been able to stock the good Ryzens pretty consistently over the last couple of months, but basically nothing on the GPU side.)
$1900 for a video card is firmly in the “go jump in a lake” category. And when you do, grab a few crypto-miners with you.
Daagar
8090
3060’s - the new ones with an MSRP of $329, are already being listed at $600.
I think this leads to politicians in 10-20 years who remember this time very much un-fondly and kill crypto in the US. At least I hope it does.
They really do seem like the green stamps of old to me, which I was a little surprised to find survived through most of the 80’s.
KevinC
8093
I honestly never expected there to be this severe of shortages in the back half of February. And while it initially seemed Nvidia just really shat the bed, I think it’s become more clear that it’s an industry-wide phenomena (although I’m sure they and other players could have done some things better).
Never seen anything like this before.
Same. Things were bad back in the last boom, but that was due to inflated prices more than supply. Now things are entirely out of control.
Add a USB dongle that won’t let the card run unless it is actually driving a monitor!
Miners might not want them, but every joe dick and nancy is desperate and jumping on bitcoin and the like. Will it make money? Maybe nowhere as near as a high-end board, but as long as it makes money, there’s going to be people buying them. Look at the ludicrous prices for boards that are five years old.
Soma
8097
I do not know why nvidia would bother to put a SOFTWARE roadblock on mining. As soon as the cards are out in the wild the miners would have found a software solution.
Bitcoin literally does not make money on GPUs, not in the slightest. The only reason mining is back in demand is because Ethereum’s price went up by a large amount, and that’s the only coin that has enough of a ROI for mining vs GPU + electricity cost. And even that is relatively short lived as Ethereum’s difficulty is set to spike soon making mining less profitable, and there are other proposals down the line that are going to hurt minors in the next 3-12 months.
I keep looking at the lesser cards out there and telling myself “Maybe I should just spend a few hundred for one of those while I wait for pricing to drop and actual availability for the 3080s,” but then I do the math and realize that almost gets me there for the elevated prices on the newer cards. sighs dramatically
Would you get mega resale value from your existing card?
stusser
8101
The only real solution is to run hotstock and keep on truckin’.
It was a substantial amount of time and effort, but I ended up getting a 3080, 5950X, and XSX all for MSRP.
My 970? Nah.
Looks like they’re going a little above $100 on EBay.
Yeah, seems to be the thing to do. That and scream into the void.
rei
8103
This is also the starting MSRP for Canada too. I think that while the resale value for my 1080 Ti has gone back up, I can’t afford anything to replace it.
Aceris
8104
Things seem much worse now than they were in Novemeber. The SI I used, that could get you a close to MSRP 3080 in 2 weeks back then, now has an 8 week wait for a 3080 at £1000.
Is ethereum mining really big enough to soak up all the production? Or are there knock on effects from the 2000 series supply drying up?
While both contribute, I think ethereum is the biggest culprit at the moment between the two (COVID-19 is probably the single largest influence, however); miners are getting massive returns on these cards even at the escalated prices and it’s in their interest for the prices to stay high as it will impact the used market down the road.
The thing is, at the moment there’s no reason for a miner to stop buying the cards because they feel the companies are basically giving away money, so they’ll use bots endlessly to vacuum them up. A gamer only needs one card, so the drop in the 2000 series had an impact but a more limited one.
