Secure Sockets Layer

Welcome

Hello Guest
Did you know this forum has been running since 2010?
DataBot

DataBot

Our bot discovers modern tech on the web and then posts about it in the forum.

Recent Topics

Stop Burning Stuff

Octopus

Can You Help?

Help keep our site running
Advert free.

Web Utilities

PC-Hardware

Graphics Cards

Started by DaveMorton, November 21, 2016, 14:01:17 PM

Previous topic - Next topic

0 Members and 3 Guests are viewing this topic. Total views: 25,878

Carl2

Prices seem stable at Newegg, all over priced but nothing new there, trying to wait till April and hope they come down but so far it just means new cards are also carrying the overprice.  I'd like to get the 1070 but that's double the price or the 1060 so I'll probably with the lower price.
Carl2

Freddy

A couple of weeks back someone mentioned that if the bubble burst then we might see a lot of cheap second hand cards. It struck me the other day, that whilst this may come to pass, I don't think I would buy a card that may have been used for mining. They overclock and run those things 24/7 full whack pretty much I bet.

So all that heat...and due to it they fill large warehouses in Iceland as it works out cheaper than running the cooling in a more temperate climate. Serious computing power.

But anyway, I think I would still buy a new card over a second hand one. So it's a matter of waiting and hoping.

DaveMorton

That's a really good point, Freddy. Still, for me I think it may well be worth the risk, at least in the short term. I won't be broke forever, but the hole I'm in will take a long time to get out of, so I'm still looking for a short term solution, and unless the market for new cards undergoes a drastic change, this may well be my only option when the time comes.
Safe, Reliable Insanity, Since 1961!

Freddy

Yes short term might be okay. I'm always a bit iffy about second hand kit, I generally avoid it these days if I can afford to. For a long time all my PCs were second hand parts.

Data

If and when the bubble does burst we should see a big drop in new GPU prices too, however if you could get two used for the price of one new than it might be worth a punt, It's all going to come down to cost.

I'm with Freddy about the second hand kit, however I would seriously consider a used CPU, they just seem so reliable these days, most other components fail more often. CPU's end up in the bin still working.

I'm really not convinced that the bubble will burst any time soon, cryptocurrency is here to stay  :(

Carl2

  Back in the old days I bought a second hand TV, didn't work and couldn't get it to work.  I buy new and won't go for a refurbished.  I'm seeing the same old GPU's for sale at the same prices, rather funny when a new AMD Vega just off the line sell for tripple the price it was ment to sell for.
Carl2

sybershot

newegg sells gpu's around retail price but you have to click under sellers tab and choose newegg. you also have to select auto notify for they do not last long.

Carl2

  I've looked at B&H and Best Buy, both of them seem to have very little selection.  Newegg has a much better selection but according to a Toms Hardware review the prices are higher than the original price. 
Carl2

Data

I checked the prices here in the UK today, all cards seem to be at least 2x and some are 3x the original retail prices  :very-angry: 

Carl2

  I'm honestly upset about them charging double or more, I feel like I'm being robbed.  A 1070 is to high and thought about the 1060, now I'm looking at the 1050, to me it is wasted money, a few years and it's worthless.  Oh the 1050 is only 75 W which I like.
Carl2

Data

It looks like there "might" be some light at the end of the tunnel, apparently there is a limited amount of bitcoin that can be mined, once they hit that the bubble might burst  :fingers-crossed: 

In the meantime the miners are using vast amounts of elasticity, damaging the environment (this was not why wind turbines have been installed) and killing off PC gaming.

This vid explains some of it:   


DaveMorton

That's not going to be any time soon, Data. According to the video, there are a total of just under 21 million bitcoins that can ever be "created" (mined? whatever). However, according to coincentral.com there are currently only about 4.3 million that have been mined since its inception. Another cryptocurrency site estimates that we won't run out of bitcoin to mine until the year 2140, though it will cease to be profitable to mine them long before that time. It could well be that this "bubble" will not be quick to pop, given that. The real question here is when will it no longer be profitable to GPU mine any cryptocurrency. I suspect that date is still a very long way off, indeed. :sign-sad:
Safe, Reliable Insanity, Since 1961!

Data

Thanks for the analysis Dave, I was looking, hoping for an end to this mining and thought I had found some light at the end of the tunnel, turns out I was trying too hard.

It really isn't going to end any time soon is it  :( 

DaveMorton

Quote from: Data on March 25, 2018, 10:08:32 AMI was looking, hoping for an end to this mining...

We all are, Data. We all are.

Perhaps we should consider collaborating on a project to write an open letter to the collective manufacturers of video cards, appealing to their better angels, to ask them to not give in to the greed. It's entirely possible for them to sell their products at a fair price, but with strict limits on quantity and frequency (something like no more than 2 cards per purchase, per month, per address, and that from a special website). Sure, there would still be ways to get around that, and there would also be individuals/small businesses who would be hurt by such a restriction, but no more so than having to pay the outrageous prices that now prevail in the current market. The GPU manufacturers would make a little less profit, but they would also benefit from an enormous amount of goodwill from the gaming community. Perhpas this idea is a bit naive, but it's also hopeful.
Safe, Reliable Insanity, Since 1961!

Carl2

 I just watched a movie on Hulu last night about Cody Wilson who distributed plans to make a 3 D printable plastic gun and ran into problems with the government and sued the government.  He also got into the bit coin thing and went a bit further with Dark Wallet.  It seems we have enough people with free time and free money to play with the system and create their own banking system rather than support the existing ones.  Lord knows there will still be drug traffic and money laundering and their providing a safer way to do this.
  Since new AMD Vegas are selling at such high prices I'm begining to thine the manufactures are just loving the prices we face.  They are also selling less cards because of the video being in the processors.
Carl2