GPU price might increase more or not

[Samayuki]

Is it possible that price GPU increase by 200% more in coming year 2022? What if ETH mining maintain a fair gains like 30MH doing 1.5 to 2$? What do you think? 

[1715019702]

1715019702

[1715019702]

1715019702

[Philipma1957cellphone]

Is it possible that price GPU increase by 200% more in coming year 2022? What if ETH mining maintain a fair gains like 30MH doing 1.5 to 2$? What do you think? 

Depends upon scarcity  if there are lots of them price will drop.

At 3 cents an mh a 30 mh card makes 90 cents a day. It may burn 3kwatts at 10 cents so 90-30 is 60 cents a day. Or 215 a year.

That is about the lowest that works.

[rdluffy]

Very hard to predict prices with such variables we have at the moment: lack of chips this entire year, high demand, pandemic situation, inflation and mining.

200% I think it's hard to reach, because prices are almost unbearable, at least in my country people stopped to buy GPUs like insanes, and we've reached some plateau on prices, but if ETH goes to 4k USD again, and after EIP 1559 ETH mining keep earning good profits, I think prices of GPUs can go up again, but to achieve 200% it's another story.

To price hits 200% more the only situation I can think right now is: ETH price skyrockets to 10k USD.

[Philipma1957cellphone]

Very hard to predict prices with such variables we have at the moment: lack of chips this entire year, high demand, pandemic situation, inflation and mining.

200% I think it's hard to reach, because prices are almost unbearable, at least in my country people stopped to buy GPUs like insanes, and we've reached some plateau on prices, but if ETH goes to 4k USD again, and after EIP 1559 ETH mining keep earning good profits, I think prices of GPUs can go up again, but to achieve 200% it's another story.

To price hits 200% more the only situation I can think right now is: ETH price skyrockets to 10k USD.

 Nvidia nerf is solid
Only amd become worth buying.
Eth goes to 6k

This would jump amd very high and older 3000 nvidia have added value.

[Bitcoin_Arena]

I wouldn't risk buying GPU's at the moment expecting for the price to go 200% within months (2022). It's not gonna happen.

1. GPU's are already over priced right now due to low supply high demand because of ETH's mining high profitability.
2. the Bull market may not last up to 2022. Trust me, as soon as Ether prices start dropping to less than lets say $500, people will start selling off their GPUs leading to drop in GPU prices due to High supply, less Demand.
3. I think you already know that Ethereum, the most profitable coin one can mine using GPU has plans to switch protocol from POW to POS. when that happen, Imagine how many people will not be interested in mining using GPUs anymore

Point is... Proceed with caution 

[philipma1957]

I wouldn't risk buying GPU's at the moment expecting for the price to go 200% within months (2022). It's not gonna happen.

1. GPU's are already over priced right now due to low supply high demand because of ETH's mining high profitability.
2. the Bull market may not last up to 2022. Trust me, as soon as Ether prices start dropping to less than lets say $500, people will start selling off their GPUs leading to drop in GPU prices due to High supply, less Demand.
3. I think you already know that Ethereum, the most profitable coin one can mine using GPU has plans to switch protocol from POW to POS. when that happen, Imagine how many people will not be interested in mining using GPUs anymore

Point is... Proceed with caution  

or fuck it and full speed ahead.

we will know which is right in about six weeks

[FloridaKid]

The answer will be revealed after July when eip1559 is in motion, how the market will perform is still unknown, this morning the BTC chart looks bullish again like it's going back to 50k but who knows? If bull remains active once again then bears may not find a chance this year

[batsonxl]

The answer will be revealed after July when eip1559 is in motion, how the market will perform is still unknown, this morning the BTC chart looks bullish again like it's going back to 50k but who knows? If bull remains active once again then bears may not find a chance this year

How it looks bullish? i dont see any bullish sign. to make 50k 1st it need keep value more than 40.5k. Even it reaches 50k in short term it will fall very fast.Big whales allready made their profit. people like us will lose if we dont understand what game they are playing.

[Skinny48]

I will keep my answer till July is here 🤣 I don't think the little recovery in today's market is enough to confuse me that bull is still alive, whatever the market is trying to pull right now is hoax, very deceiving if you ask me, ETH performance after EIP1559 update on my mind

[FP91G]

"NVIDIA Announces Financial Results for First Quarter Fiscal 2022
Record revenue of $5.66 billion, up 84 percent from a year earlier
Record Gaming revenue of $2.76 billion, up 106 percent from a year earlier
Record Data Center revenue of $2.05 billion, up 79 percent from a year earlier"
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2022
So far, video card manufacturers have huge profits. And the price of ethereum went up again

[Looper_U]

"NVIDIA Announces Financial Results for First Quarter Fiscal 2022
Record revenue of $5.66 billion, up 84 percent from a year earlier
Record Gaming revenue of $2.76 billion, up 106 percent from a year earlier
Record Data Center revenue of $2.05 billion, up 79 percent from a year earlier"
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2022
So far, video card manufacturers have huge profits. And the price of ethereum went up again

And yet Nvidia is reducing the mining power of their new graphic cards, honestly is GPU mining goes down Nvidia market will suffer, they should be thanking Vitalik buterin for ETH mining lol 🤣, RTX3080Ti and 3070Ti are coming I hope they won't do same shit they did with RTX3060 with this ones

[elda34b]

I hope they won't do same shit they did with RTX3060 with this ones

I heard all of them are LHR now? Even if it's not, with the price tag of $1.2k I doubt anyone is crazy enough to gamble with it. The price on retail is nowhere near MSRP, even 2x MSRP is "better" right now. I doubt it will stabilize in the near future. The market looks terrible, maybe 2022 will be better. Hoping the price to get better in July or Q4 is too optimistic imo. I'd be glad if I'm wrong though.

[Gorosden]

GPU price are still high which means people are still buying GPU? Some people are crazy they don't care about their ROI at all, once 30MH is back to .50$ per day that's when I'm ready to buy more GPU if not I'm not buying any GPU for now