The 2018 GPU Apocalypse

[Princess Luna]

I am not going to complain at all, the prices spike allowed me to sell my 1080 Ti originally bought for 600$ (second hand) for 1100$ so I afforded the extra 100$ and bought myself a TITAN Xp for the lulz.

 

Gotta try having some fun out of it.

[CyberFern0]

14 minutes ago, Shreyas1 said:

The miners use their computers to check transactions so that one person does not hack the system and give themselves tons of bitcoin or something. As a result, you get rewarded with the cryptocurrency

 

Are they physically doing that? To my knowledge, people leave their computer on during the day and night, and they get a fixed amount of money. The person is not doing anything that would be categorized as "work."

[Shreyas1]

Just now, CyberFern0 said:

Are they physically doing that? To my knowledge, people leave their computer on during the day and night, and they get a fixed amount of money. The person is not doing anything that would be categorized as "work."

I guess it's more of an investment.

[DavePlays]

Here's what I had to say about this problem. AMD and NVIDIA not doing anything about this alienates consumers. I'm OK with inflation due to limited supply, but when it gets to the point where there is literally no availability, something has to be done.

 

[billstelling]

Oh goody.. You can buy graphics cards like beer now!

 

 

6 Packs of NVIDIA GeForce GTX 1080 Founders Edition, 8GB GDDR5X PCI Express 3.0 Graphics Card

 

[DutchTexan]

@billstelling

 

And with free shipping

[DavePlays]

Intel HD 5000 Graphics looking pretty good right about now...

[NvidiaIntelAMDLoveTriangle]

I have a question. Who even decides the value of crypto currencies? Who is the one that decides this coin is worth 50328560921836 million billion trillion quadrillion $ ???????

[DavePlays]

Just now, NvidiaIntelAMDLoveTriangle said:

I have a question. Who even decides the value of crypto currencies? Who is the one that decides this coin is worth 50328560921836 million billion trillion quadrillion $ ???????

That is an excellent question for not me.

[NvidiaIntelAMDLoveTriangle]

Here's the best solution for people who want to play games.

https://www.newegg.com/Product/Product.aspx?Item=N82E16868110214&cm_re=ps4_pro-_-68-110-214-_-Product

You're welcome.

[Jayxrealz]

i think the one i want which is the 1050 ti is safe! I Think! lol 

[DutchTexan]

2 minutes ago, NvidiaIntelAMDLoveTriangle said:

I have a question. Who even decides the value of crypto currencies? Who is the one that decides this coin is worth 50328560921836 million billion trillion quadrillion $ ???????

It doesn't make sense to me, but hey, I'm damn happy. I let 6 6gb 1060's and will let about a dozen 1050ti's go for well over what I paid for them.. after each has mined more than enough to have paid for themselves in the first place. 

 

Crypto is falling hard though. It's wild. There being over 1,400 different cryptocurrencies out there makes it pretty hard to follow, even proportionally. Then with only maybe (at the very most, IMO) 25 or so out there that are actually realistically useful; It's looking a lot like the .com bubble, but then there is still money to be made, so.

 

Why GPU prices are reaching this level of stupid I would have to say it's mining. Seeing the skyrocket in values means there is potential. Then, with the major, current corrections it's the best time to mine, assuming it is actually a correction. Pascal has to end sometime soon too. I would have to guess that has at least a tiny something to with pricing too, but mostly people mining and investing in hardware.

 

Still though this is where we are right now:

 

Even with Bitcoin(for example) falling about 8.5k in a month, it's still way up there. Ethereum has fallen about 30% globally in 2 days. Yet, Ethereum for the year is still up ~24%. The corrections are hard. Very exciting times for the causal observer like myself. 

 

[Shreyas1]

31 minutes ago, NvidiaIntelAMDLoveTriangle said:

I have a question. Who even decides the value of crypto currencies? Who is the one that decides this coin is worth 50328560921836 million billion trillion quadrillion $ ???????

At one point, someone set the value low, then others just bought it for fun, and then it started gaining publicity, and here we are

[ArduinoBen]

What they should do is increase supply.  If they are getting all these customers, they should make more.  They will make more money because although these prices are higher they will be getting less sales.

[ArduinoBen]

I regret not buying that 1070 laptop for $1300 even more now

[Chuck Comet]

16 hours ago, Nonprofitbark88 said:

Does anyone know when the graphics cards will be restocked, specifically the EVGA GeForce GTX 1060 6GB? Or any other graphics card for that matter?

I have one of those I'll sell you for $19,995 :-)

[Nater]

Beautiful time for my Fury X to die. 

[asus killer]

6 hours ago, ArduinoBen said:

What they should do is increase supply.  If they are getting all these customers, they should make more.  They will make more money because although these prices are higher they will be getting less sales.

Increasing supply meant more costs and the same profit or less. They are not stupid.

[Princess Luna]

1 minute ago, asus killer said:

Increasing supply meant more costs and the same profit or less. They are not stupid.

I personally believe that the days of artificially imposed prices and MSRP are over, the demand in the market shall dictate what a video card is worth.

 

bad news for gamers but a PC as we know was never meant to be just a gaming platform, we have consoles for that.

[asus killer]

35 minutes ago, Princess Cadence said:

I personally believe that the days of artificially imposed prices and MSRP are over, the demand in the market shall dictate what a video card is worth.

 

bad news for gamers but a PC as we know was never meant to be just a gaming platform, we have consoles for that.

there are mechanisms in a market to correct that. If prices of gpus and ram continue escalating it's a good motivation for someone to enter the market. Granted it's not easy, but i read the Chinese want a piece of the pie, at least of the RAM market. 

It's more difficult for GPU's, but if it smells like tons of money the motivation is there.

 

If prices were lower they would probably not care. so cause and effect i guess

 

https://www.forbes.com/sites/johnkang/2016/08/06/how-chinas-new-2-8-billion-chip-maker-will-affect-the-global-semiconductor-industry/#525a2e191b0c

[NelizMastr]

11 minutes ago, asus killer said:

there are mechanisms in a market to correct that. If prices of gpus and ram continue escalating it's a good motivation for someone to enter the market. Granted it's not easy, but i read the Chinese want a piece of the pie, at least of the RAM market. 

It's more difficult for GPU's, but if it smells like tons of money the motivation is there.

 

If prices were lower they would probably not care. so cause and effect i guess

 

https://www.forbes.com/sites/johnkang/2016/08/06/how-chinas-new-2-8-billion-chip-maker-will-affect-the-global-semiconductor-industry/#525a2e191b0c

The thing is, Micron and SK Hynix aren't exactly scaling up their DDR4 production either, while more and more devices and systems need that stuff. The entire market is basically fucked because of sheer greed.

[asus killer]

11 minutes ago, NelizMastr said:

The thing is, Micron and SK Hynix aren't exactly scaling up their DDR4 production either, while more and more devices and systems need that stuff. The entire market is basically fucked because of sheer greed.

why do you think companies love consolidation? if there were a lot of companies competing the probability that one lower the prices and increased production would be great. Like this their CEO's probably know each other, frequent the same conferences and shit and agree that it's better to sell a piece of RAM at 90 USD than to sell two pieces at 35 USD.  Less labor, less electricity, less materials, more profit.

I think that the problem is that there are only 4 (i think it's four!) companies producing this for the all world. Then a factory burns and we are doomed.

 

I keep reading they needed more plants to produce more. Couldn't they just increase the number of shifts for example? work around the clock?

[SACBALLZ]

18 hours ago, CyberFern0 said:

You aren't contributing to your community. Contributing to the community is how you "earn" money.

morality isn't the same as reality. 

[Nonprofitbark88]

13 hours ago, Chuck Comet said:

I have one of those I'll sell you for $19,995 :-)

I think that just tad bit out my budget.

[CyberFern0]

1 hour ago, SACBALLZ said:

morality isn't the same as reality. 

meaning?\

Who would waste their time giving free money...and that isn't even poor or homeless people.

 

I don't see how anyone would be stupid enough to do that.