godrilla
Posts: 1,371 +897
Exactly cryptomining is causing inflation exponentially some are clueless and have yet to challenge this statement!
Nvidia and AMD graphics cards prices are getting worse, now 83% over MSRP
- Thread starter zakislam
- Start date
I find it interesting that looking at this article and the comments that only a few people I feel really nailed what is wrong. Some say Chip short, Low supply or Mining and sure maybe that plays a part. But anyone can find all the stock in the world of these cards, but not at Best Buy, Walmart or some other big box store. You will find it all on E-Bay, Facebook Market Place and other user controlled resale sites. Pages and pages of any electronic that you want that someone is more than willing to sale to you at twice the retail for profit. If it was so bad with mining or manufacturing you wouldn’t be able to buy cards at all but you can buy all the cards you want. If their was a shortage that would also suggest to me that they are not available at all for purchasing but that’s just not the case right now and you can definitely find them allot of them and buy them, to me that means it’s more so a case of people’s greed not so much on the manufacturer, shortages or mining. But at the end of the day this will only continue the more people buy or when selling practices change at retailers.
Revolution 11
Posts: 245 +338
If everyone is buying things at inflated prices, then the prices are not inflated. Just for you (and me).
It is just prudent business. If your production of a good (or service) sells out immediately, raise prices. When you start getting stockpiles of your goods, lower prices.
Right now, everyone wants to game or mine. Until the fabs catch up (which will take close to 3 years BTW due to nature of fab and chip construction), prices will remain high.
Revolution 11
Posts: 245 +338
Just visit San Francisco and LA once. There are 87 container ships just sitting off the coast of California JUST FOR LONG BEACH AND LOS ANGELES because our ports are understaffed and under-equipped. When I went to SF this summer, there were at least 15 container ships you could see with your bare eyes, more off the coast, and the line has only gotten longer since then.
I wonder how many GPUs are just floating in these ships or waiting for a container ship to unload in SF/LA and return to pick up GPUs in Asia.
BadThad
Posts: 1,364 +1,641
It's not just the ships, it's the containers. I keep hearing there are tens of thousands of empty containers sitting in CA and those empty containers are needed.
Revolution 11
Posts: 245 +338
Yes that is true. I was just making a reference to how many goods are tied up both off the coast and in the port, waiting to be loaded and unloaded. We are talking about weeks of delays for many products.
For those who want to game and have enough money, theb they can't afford to wait another 2 years for cards to come back down in price, of course they will just buy them. This is all due to supply and demand. Covid kicked off a snow ball effect that kept rolling due to a paper launch from NVIDIA to help it along. Back in March 2020 before the 3000 series launch prices were just starting to get a bit high, and then paper launch made everything sky rocket and it's been going ever since because there are more and more gamers that can't get a Ps5 so buying PC, plus the usual customers additional to the spike in people that were stuck at home who re/discovered gaming.
Crypto isn't helping either but the new cards are that economical to run anyway so I think iys not that much of a deal now that LHR is in. The dual mining doesn't work as well as non LHR and they only get about 65% hash rate yield, so it's better to just get last gen cards for mining.
It's not going away as well, now that green and red have a taste for such high profits they will just keep pushing prices higher and higher and we won't get low tier cards anymore eventually, why when the demand is so high for the profit making cards? It will be all mid to high end cards only. No more 1660 and etc anymore from here on out..
I see this happening until about 2024 when we will start to see that the supply has caught up and we go back to a marketing and price war between cards. Intel really needs to come out swinging as well to help the situation.
Crypto isn't helping either but the new cards are that economical to run anyway so I think iys not that much of a deal now that LHR is in. The dual mining doesn't work as well as non LHR and they only get about 65% hash rate yield, so it's better to just get last gen cards for mining.
It's not going away as well, now that green and red have a taste for such high profits they will just keep pushing prices higher and higher and we won't get low tier cards anymore eventually, why when the demand is so high for the profit making cards? It will be all mid to high end cards only. No more 1660 and etc anymore from here on out..
I see this happening until about 2024 when we will start to see that the supply has caught up and we go back to a marketing and price war between cards. Intel really needs to come out swinging as well to help the situation.
Loli Pop Carbon
Posts: 103 +120
Yesterday I saw a used GTX 1070 is being sold twice of its brand new launch price. GPU price is a complete mess right now.
cliffordcooley
Posts: 13,141 +6,441
I'm still happy with my now out of support GTX 660. I will not be buying another unless mine suffers a unfortunate death.
kenny loris
Posts: 211 +46
What about Chinese producers of GPUs intervening and regulating the demand and supply for GPUs? Was it a rumor?
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