GeForce prices on the rise as well due to cryptocurrency mining

Published by

Click here to post a comment for GeForce prices on the rise as well due to cryptocurrency mining on our message forum
#5445068
https://forums.guru3d.com/data/avatars/m/223/223196.jpg
This is annoying. Human greed at it's best. Filth. Can't wait for the current crytocurrency bubble to burst.
#5445070
data/avatar/default/avatar24.webp
Prices went up a lot here in Poland and stock is out...
#5445072
https://forums.guru3d.com/data/avatars/m/238/238382.jpg
On PC Case Gear cards are starting to having "Limit 4 per household" for Nvidia cards and "limited 1 per household" for AMD cards. Every single 570 and 580 is gone... literally everything is gone... ****ing Bitcoin. [spoiler]http://i.imgur.com/UcLEArh.png[/spoiler]
#5445075
https://forums.guru3d.com/data/avatars/m/265/265660.jpg
They seriously need to nerf the bitcoin capabilities of the next generation cards and release special crypto mining cards if they to sell on that specific market. The prices are crazy and few stores have stock atm. This is bad. We had the RAM prices double and now the graphics cards. It's nightmare for anyone on a tight budget who wants to do an upgrade now.
#5445076
data/avatar/default/avatar04.webp
Month ago or so you could buy cheapest GTX10606GB at 275E now it's hard to find at 345E.... (or even impossible). Got my MSI 1060 Gaing X 2 months ago for 320E, now it cost 370E :O
#5445086
data/avatar/default/avatar17.webp
Just ordered 6 MSI 1070 for 467 Euro for mining. Goddamn capitalism increasing my RoI, who do I punch to fix this? > Human greed at it's best Sensible chuckle at all the butthurt nocoiners in this thread.
#5445092
data/avatar/default/avatar23.webp
Nvidia is going to da moon.
#5445113
https://forums.guru3d.com/data/avatars/m/175/175902.jpg
Just ordered 6 MSI 1070 for 467 Euro for mining. Goddamn capitalism increasing my RoI, who do I punch to fix this? > Human greed at it's best Sensible chuckle at all the butthurt nocoiners in this thread.
i have tried... but it's no more profitable... energy cost and increasing bank that don't want mining money (and country where it is illegal)... no more for me
#5445115
data/avatar/default/avatar14.webp
If things couldn't get any worse. Where is that specific graphics card that was geared towards this sort of thing? I remember Hilbert talking about it back around the 290/X when there were like 6months to a year old or so.
They seriously need to nerf the bitcoin capabilities of the next generation cards and release special crypto mining cards if they to sell on that specific market. The prices are crazy and few stores have stock atm. This is bad. We had the RAM prices double and now the graphics cards. It's nightmare for anyone on a tight budget who wants to do an upgrade now.
There was talk of such a card back during the r9 290/X era not sure what happened.
#5445116
https://forums.guru3d.com/data/avatars/m/80/80129.jpg
If things couldn't get any worse. Where is that specific graphics card that was geared towards this sort of thing? I remember Hilbert talking about it back around the 290/X when there were like 6months to a year old or so. There was talk of such a card back during the r9 290/X era not sure what happened.
Combination of ASICs and Mt. Gox imploding. The newer currencies like ETH are purposely made ASIC unfriendly, so it makes more sense now for the GPU companies to tailor cards specifically for mining. I think most rumors point to the Nvidia ones coming out within a few weeks. Supposedly they do 22MH/s @ 65w. Also the reason why there is starting to be more of a shift to Nvidia GPU's is this: http://cryptomining-blog.com/8822-ethereum-hashrate-drop-for-radeon-rx400rx500-gpus-is-incoming/ Along with a few articles recently showing the efficiency of the 1060 when tweaked.
#5445117
https://forums.guru3d.com/data/avatars/m/250/250418.jpg
This is annoying. Human greed at it's best. Filth. Can't wait for the current crytocurrency bubble to burst.
Me too, sold my r9 270x in the 25 may and then realised all RX570 were sold out. I've been waiting since. Can't wait to see these folks cry about thousands of dollars lost in hardware. When all these cards hit the second hand market I'll laugh at them very hard!
Just ordered 6 MSI 1070 for 467 Euro for mining. Goddamn capitalism increasing my RoI, who do I punch to fix this? > Human greed at it's best Sensible chuckle at all the butthurt nocoiners in this thread.
I would write an offensive comment here, but I'll wait for karma to get back at you. MODERATOR: Please watch your language okay?
#5445123
https://forums.guru3d.com/data/avatars/m/227/227853.jpg
On PC Case Gear cards are starting to having "Limit 4 per household" for Nvidia cards and "limited 1 per household" for AMD cards. Every single 570 and 580 is gone... literally everything is gone... ****ing Bitcoin. [spoiler]http://i.imgur.com/UcLEArh.png[/spoiler]
I'm pretty sure this is due to Ethereum and Litecoin, not due to Bitcoin. Mining bitcoin on your GPU hasn't been profitable for a while now. These 2 altcoins have gained considerable ground in the past months, especially Ethereum. It's different in principle but it scales well, unlike Bitcoin. Bitcoin actually **** the bed really hard lately, so much that Ethereum has had major drops. The whole e-coin market is unstable because of it.
#5445135
https://forums.guru3d.com/data/avatars/m/80/80129.jpg
If anyone really thinks that he can be profitable in BitCoin mining using ANY GPU, then he is either completely ignorant or crazy. BitCoin is now fully in hands of dedicated miners like Ants, which can do THs/s for a fraction of power consumption. With a GPU you will earn a few cents a week at most, which is less than you power bill. Other cryptocurrencies will follow soon, so buying GPU for this purpose is waste o money. What I really would like to see is performance of NVIDIA's tensor cores. But I doubt they would be even close to dedicated HW.
People use bitcoin as a catch-all for all coin operations, it's annoying but that's what happens with generic terms. ASIC hardened cryptocurrencies won't follow "Bitcoin" itself because their mining algorithms are designed specifically for GPUs. The ASIC would essentially have to be a better GPU.
#5445138
https://forums.guru3d.com/data/avatars/m/63/63215.jpg
TBH, the most important thing is inventory for both AMD and Nvidia is being sold, clearing the way for the next generation. You're also going to see these guys dump loads of these cards back into the 2nd hand market, so, it's not all bad news.
#5445140
https://forums.guru3d.com/data/avatars/m/238/238382.jpg
I'm pretty sure this is due to Ethereum and Litecoin, not due to Bitcoin. Mining bitcoin on your GPU hasn't been profitable for a while now. These 2 altcoins have gained considerable ground in the past months, especially Ethereum. It's different in principle but it scales well, unlike Bitcoin.
I should have used the word cryptocurrency...
#5445145
data/avatar/default/avatar35.webp
You're also going to see these guys dump loads of these cards back into the 2nd hand market, so, it's not all bad news.
There won't be a lot of life in them though - unfortunately working 24/7 takes its toll :/
#5445152
https://forums.guru3d.com/data/avatars/m/254/254725.jpg
TBH, the most important thing is inventory for both AMD and Nvidia is being sold, clearing the way for the next generation. You're also going to see these guys dump loads of these cards back into the 2nd hand market, so, it's not all bad news.
I worry that these people might start buying up the next series of cards as well :\.
#5445153
https://forums.guru3d.com/data/avatars/m/59/59930.jpg
second hand gpus also demand a almost same price as new retail so why bother waiting for used cards. Resell of used parts as of late the last few years is just nutz.
#5445154
https://forums.guru3d.com/data/avatars/m/167/167502.jpg
Easy to scoff at the people mining, but my GTX1080 is giving me one ZCash every 30 days, which is valued currently at £320 Electricity is costing me around £30 a month, so it is worth it. The price of the coin is rising too Easy to do, so i don't know why anyone wouldn't Come Xmas i might have 5-6 coins, potentially valued above £500 each If they end up being worth nothing, it's not exactly cost me an arm and a leg
#5445172
https://forums.guru3d.com/data/avatars/m/63/63215.jpg
I worry that these people might start buying up the next series of cards as well :\.
Look, if the latest thing comes and you weren't ready to pre-order/buy, then, it doesn't matter anyway. If you want something in this day and age, just do it man. I got in early with GTX1070 and Switch, no regrets tbh. I haven't got time to f*** about.

Next Page