Graphics cards are flooding the market

[Ketesnuko]

It's Over

Graphic card stores are now panicking because many GPUs are flooding the market and they feel at loss because no one is buying them and the old GPUs they have in stores can't be sold at high price like before, I pity them though since they bought them out the country and can't sell, no one is willing to buy right now in my country, it is what it is.

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[Coinfarm ventures]

It's Over

Graphic card stores are now panicking because many GPUs are flooding the market and they feel at loss because no one is buying them and the old GPUs they have in stores can't be sold at high price like before, I pity them though since they bought them out the country and can't sell, no one is willing to buy right now in my country, it is what it is.

Hooray!

Time to load up on GPUs since you are guaranteed 6 months of mining before ETH PoS, if it happens this year. I don't think the cards will drop more in value over 6 months than the profit you'll make.

[OgNasty]

It's Over

Graphic card stores are now panicking because many GPUs are flooding the market and they feel at loss because no one is buying them and the old GPUs they have in stores can't be sold at high price like before, I pity them though since they bought them out the country and can't sell, no one is willing to buy right now in my country, it is what it is.

The only ones I'm seeing in stock for MSRP are the low hashrate models, which I wouldn't want to buy anyway.  Are you seeing Founders Editions for MSRP somewhere?  I'd love to hear where because I could stand to pick up a few more GPUs.  Although, I may wait a couple of months to see if there's an official release date for the 4xxx series cards from Nvidia.  That would also mean avoiding the summer heat and loading up for winter, which is always my preference.  I'm still mining with 1080ti's and VII's so I may just wait for the 4xxx series, but if I were seeing 3080s or 3090s for MSRP that could do their full hashrate, it would be a decision I had to make.

[Coinfarm ventures]

see if there's an official release date for the 4xxx series cards from Nvidia.

They're going to be bought up by all the 12-year-old Fortnite kids, so prices will stay high. They will be inefficient per Mh. RTX 3000 series prices should not drop by more than 10%.

[MidNite36]

see if there's an official release date for the 4xxx series cards from Nvidia.

They're going to be bought up by all the 12-year-old Fortnite kids, so prices will stay high. They will be inefficient per Mh. RTX 3000 series prices should not drop by more than 10%.

I still don't think it will make a big difference compared to if miners are buying GPUs for mining, now that consoles like PS5 and Series S/X are as powerful as gaming PC people are buying these consoles to replace gaming in PC because they are cheaper and yet they have high powers, GPU market is going to suck so much very soon.

[ZeeeN]

Price comeback to MSRP not mean it over.

when ETH price drop below 1000 and new GPU on market everyone sell old gpu in very low price that time you can say it over.

[kaya11]

It's Over

Graphic card stores are now panicking because many GPUs are flooding the market and they feel at loss because no one is buying them and the old GPUs they have in stores can't be sold at high price like before, I pity them though since they bought them out the country and can't sell, no one is willing to buy right now in my country, it is what it is.

Good Thing I never added new cards that are sold by higher than MSRP, it was the best decision I have made so far in terms of mining eth. Both my cards a few years back at low price and after 6 month it went to an overpriced which I had to stop buying. That is why recently I have posted on FB that my old cards is for sale and no one was interested, maybe they are waiting for this moment. I visit stores 3 time a months to check the price and wanna grab that 3090 if it will flood the market.

[Metroid]

People are not buying because they know the 4xxx or next amd gpus will use 50% or more less watts, so the current generation of gpus in the market will keep going down in price because of that and many other factors like little profit at moment is not worth and Intel is soon entering the gpu market too, even though the mafia are still trying to keep the prices up, so idiots can overpay for the mafia gpus, do not be a sheep, do not buy gpus now.

[arielbit]

People are not buying because they know the 4xxx or next amd gpus will use 50% or more less watts, so the current generation of gpus in the market will keep going down in price because of that and many other factors like little profit at moment is not worth and Intel is soon entering the gpu market too, even though the mafia are still trying to keep the prices up, so idiots can overpay for the mafia gpus, do not be a sheep, do not buy gpus now.

if 4xxx is just 3xxx refresh(like 2xxx to 1xxx)..it will be hilarious.

[P00P135]

People are not buying because they know the 4xxx or next amd gpus will use 50% or more less watts, so the current generation of gpus in the market will keep going down in price because of that and many other factors like little profit at moment is not worth and Intel is soon entering the gpu market too, even though the mafia are still trying to keep the prices up, so idiots can overpay for the mafia gpus, do not be a sheep, do not buy gpus now.

if 4xxx is just 3xxx refresh(like 2xxx to 1xxx)..it will be hilarious.

They've already said RTX 4090 will offer a generational performance leap over the company’s current flagship GPU, the RTX 3090

[Metroid]

if 4xxx is just 3xxx refresh(like 2xxx to 1xxx)..it will be hilarious.

Even if it is just a refresh, it seems it will be a 4nm, https://wccftech.com/nvidia-ada-lovelace-gpus-4n-process-node-advantage-over-5nm-amd-rdna-3/, current 3xxx is on 8nm. I would stay away from any 7nm or 8nm gpus and even the intels gpus, as far as I know intel gpus will be on 6nm, now more than ever no point buying gpus for mining, not even for speculation or gambling.

[philipma1957]

It's Over

Graphic card stores are now panicking because many GPUs are flooding the market and they feel at loss because no one is buying them and the old GPUs they have in stores can't be sold at high price like before, I pity them though since they bought them out the country and can't sell, no one is willing to buy right now in my country, it is what it is.

The only ones I'm seeing in stock for MSRP are the low hashrate models, which I wouldn't want to buy anyway.  Are you seeing Founders Editions for MSRP somewhere?  I'd love to hear where because I could stand to pick up a few more GPUs.  Although, I may wait a couple of months to see if there's an official release date for the 4xxx series cards from Nvidia.  That would also mean avoiding the summer heat and loading up for winter, which is always my preference.  I'm still mining with 1080ti's and VII's so I may just wait for the 4xxx series, but if I were seeing 3080s or 3090s for MSRP that could do their full hashrate, it would be a decision I had to make.

evga 3090 ftw3 at 1699 vs 2069

if you get them direct from evga.com i have a 3% code.

[arielbit]

if 4xxx is just 3xxx refresh(like 2xxx to 1xxx)..it will be hilarious.

Even if it is just a refresh, it seems it will be a 4nm, https://wccftech.com/nvidia-ada-lovelace-gpus-4n-process-node-advantage-over-5nm-amd-rdna-3/, current 3xxx is on 8nm. I would stay away from any 7nm or 8nm gpus and even the intels gpus, as far as I know intel gpus will be on 6nm, now more than ever no point buying gpus for mining, not even for speculation or gambling.

the VRAMs are still gddr6x, GPU mining is mostly VRAM mining.

if they claim it is 50% improvement, maybe for the core, but for mining 15-20% improvement is not so enticing. 20% is a huge leap for the same VRAM tech..maybe it is 10% or less (refresh) hehe.

on the other hand models with 4nm means cooler core, core and VRAMs are on the same board..these might mine cooler, other than that, it might not be worth it.

[Coinfarm ventures]

if 4xxx is just 3xxx refresh(like 2xxx to 1xxx)..it will be hilarious.

Even if it is just a refresh, it seems it will be a 4nm, https://wccftech.com/nvidia-ada-lovelace-gpus-4n-process-node-advantage-over-5nm-amd-rdna-3/, current 3xxx is on 8nm. I would stay away from any 7nm or 8nm gpus and even the intels gpus, as far as I know intel gpus will be on 6nm, now more than ever no point buying gpus for mining, not even for speculation or gambling.

the VRAMs are still gddr6x, GPU mining is mostly VRAM mining.

Exactly. According to TPU, the top-end Arc 7 A780 model will have 560 GB/s of memory bandwidth for 200 watts. That is only 10-20% better than the RTX 3070, while the TFLOPs are 10% lower and it has the same wattage per TFLOP. So the ARC 780 should be comparable in price to a RTX 3070 or RX 6800 to gamers and miners alike.

The rumor mill seems to suggest that the lower-end Intel ARC cards will be available first, then the high end ones will follow. So I'm not bearish on video cards that are in the 3070 range or higher. Since prices have already fallen a lot since December, I expect a 10% decline at worst (if ETH price stays stagnant). The cards that would fall in price are the lower-end ones that gamers are desperate for. So don't buy current low-end cards! I stopped buying RTX 3060's.

As for Neeveeeedia's RTX 4000, it will take a long time to be launched. ETH PoS is a bigger concern than that. Even when Lovelace does arrive, it only offers 10% more VRAM bandwidth than the RTX 3080 12GB. So it will be uneconomical for mining regardless of the node or compute efficiency, even if you can get it down to 300w.

What about the AyyMD Rayydeon RX 7000 series? Same deal as the RTX 4090. Also AMD, being a smaller company, can only ship so much volume. So it shouldn't materially affect the market.

Here's my board view of the 2022 market



The new gen will have similar ETH hashrates as the old gen, but will be a lot more expensive because gamers care about TFLOPs. The only mining use case for them will be core-intensive algos like ProgPoW, FIRO or KawPow.

[YellowSwap]

I bought two graphic cards over MSRP, they are RTX 3070Ti and 3060ti, now I know I fucked up buying these cards for a high price, I am just a bit over 50% of my ROI which isn't a nice move at all, as for all other graphic cards I own I bought at used, this is the best decision I've ever made.

[Metroid]

the VRAMs are still gddr6x, GPU mining is mostly VRAM mining.

if they claim it is 50% improvement, maybe for the core, but for mining 15-20% improvement is not so enticing. 20% is a huge leap for the same VRAM tech..maybe it is 10% or less (refresh) hehe.

on the other hand models with 4nm means cooler core, core and VRAMs are on the same board..these might mine cooler, other than that, it might not be worth it.

Memory wise will be the same, dont think we will have any improvements on memory nm reduction, core wise will have a huge reduction in power consumption.

[FP91G]

We have already seen this situation in the market. When there is an official announcement from Ethereum developers about the start of Pos mining, many video cards will go to the secondary market. This will be a good time to upgrade your old graphics cards.

[Johny101010]

When did flooding the market== MSRP?
Right now you are getting MSRP but what a lot.of us want is true deals. I remember a few years back getting 3 480s and a 1070 water cooled for $300 TOTAL.
Those are flooding the market days.

[Coinfarm ventures]

When did flooding the market== MSRP?
Right now you are getting MSRP but what a lot.of us want is true deals. I remember a few years back getting 3 480s and a 1070 water cooled for $300 TOTAL.
Those are flooding the market days.

Even though we are still 20-30% over MSRP these days, I don't think right now is a bad time to buy GPUs, considering the < 350-day payback time on most models. Just be prepared to sell them in a few months if you think you can time PoS correctly.

Memory wise will be the same, dont think we will have any improvements on memory nm reduction, core wise will have a huge reduction in power consumption.

That's what leaked specifications of the new generation indicate so far. I don't think the compute efficiency increase will lower ETH power consumption by much. For nVidia's current RTX 3080/3090 series, the power-hungry GRRD6X VRAM eats up a big share of the overall board TDP. That is the part that won't improve by much.

[Pendrak]

MSRP Price is too high