We've been watching GPU prices fall since the start of the year, but the past few weeks suggest things could get a lot worse — for the graphics card manufacturers and GPU vendors, that is — in the near future.
GPU prices dropped 15% in May, and we've seen similar 10–15% drops each month for the past several months. We saw the best graphics cards come back into stock (at retail) as GPU mining profitability has plummeted — and that was before Bitcoin and Ethereum crashed again, dropping Bitcoin from around $30,000 to the low $20,000s and Ethereum from around $1,900 to about $1,100. In the past week, Bitcoin's value dropped over 30%, while Ethereum plunged by more than 40%.
This has happened before — back in 2018, when it resulted in a massive oversupply of many GPU lines. AMD's Polaris GPUs, such as the RX 570 and RX 580, went from being wildly-popular mining GPUs to being cards you could pick up for a song. The low-end RX 560 cost almost as much as the RX 570 4GB, even though the latter offered more than twice the performance. And it's not just retail prices that will threaten sales — used GPUs will start to flood the market as people abandon cryptocurrency mining.
We're already starting to see some of these effects. Remember just a few months ago, when the RTX 3080 couldn't be found for under $1,000? It's now going for less than $650 on eBay, and we've seen listings selling groups of six RTX 3080s for as little as $2,500 — $418 each! With the current profitability of RTX 3080 mining hovering around $0.85 per day (after power costs), even hardcore miners are ready to throw in the towel and see what remaining value they can get out of their cards. Wannabe miners would still be looking at about a year and a half to break even, assuming things don't get continue getting worse.
This might sound like doom and gloom, but it's actually great news for anyone looking to upgrade to a new graphics card! Not that we're suggesting you run out and buy a used graphics card off eBay, but we expect nearly every current generation graphics card will soon be found for less-than-retail prices — maybe far less. Here's a look at the latest GPU prices compared to just two weeks ago. (We'll break things down into retail and eBay tables, to make things more understandable.)
https://www.tomshardware.com/news/graphics-card-prices-update-june-15
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Frick yeah. Now this is the dip I want to buy.
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If only cryptocurrencies never even used GPU mining the first place...
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Allah has blessed us by cucking shitcoin miners.
Then he will cuck cute twink gaymers when they buy burnt out GPUs on eBay.scam
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And what of the deepfake creators?
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a lot of miners undervolt their cards to use less energy with a minor perf hit. Might be a good deal
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Im honestly pretty happy for the normies who missed out on the initial GPU floor but were disciplined enough to not buy into the scalpers like a fricking coomer brained idiot oh and please dont buy used theyre probably worked harder than a chinese sweatshop
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Thanks brother
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Yw king see you on the battlefield
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bitcoin mining operations are actually not that hard on gpus. running at a constant 60-80% in a well cooled environment is way better than the stop starting, terrible thermal conditions, and graphic demand spikes of some r-slur's gaming pc
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I mean sure but i think most of the market that was bought out was just your average run of the mill teen still living with their parents that was running farms thru plywood racks setup they saw on the tube and now has to sell because their bitcoin is tanking and they need to have some sort of profit to return
Assuming they're not then i'd go for it sure but at this point frick it might as well get it out of the box.
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I've been riding this shit out with a 1070 I got when it released. I've basically been ignoring new GPUs because I hate scalpers. The day I can just order one off Newegg for MSRP is the day I upgrade.
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I've been sitting on an RX 580 from before their price spiked.
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Snapshots:
undelete.pullpush.io
archive.org
archive.ph (click to archive)
ghostarchive.org (click to archive)
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G*mermisia
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Good, my 980 is getting glitchyer.
Never buy a gpu used
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I bought one used in 2018 for $100 and never had any problems.
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Do you have secks
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I have a GeForce 6800GS I bought used in like 2006 that's still chugging along
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You are poor
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bro I know a Haitian who has a better gpu
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Ditto, R9 380. I don't play anything newer than gta5 so it's plenty of horsepower for now. The rest of my computer could use an upgrade though, what with the 3d modeling i like to do.
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my 970 still going strong, waiting for AM5 platform or Intel 14th gen for my next upgrade
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Lmao 3.5 cuck
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ITS 3.5 + 0.5 so 4!!!
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Actschually. It's 3 full, 0.5 semi full and last 0.5 piss poor
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nvidia was doing the "squeeze" on that last .5"
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Never buy a gpu period dont be a g*mer
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Don't get too cocky. The Russian Federation has reduced the exports of noble gasses to TSMC in Taiwan, which is bound to affect the production figures for the upcoming products of NVIDIA and AMD.
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Helping these companies keep prices up in this demand crash
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Not our problem. We will successfully reduce the ability of Western peoples to enjoy video games. That is a win for the Russian Federation.
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The US produces 90% of the world's commercial helium. cope more ruskie
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Helium is a completely irrelevant gas, I am not talking about that. I am talking about Neon, which is used in semi-conductor manufacturing.
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Nígga you straight up unironically talking about which gasses are S-tier on an online forum. that is the most neurodivergent shit I have ever read on here
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frick yeah neighbor
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G*mers
Jerking it to sexy pics of Amouranth
Jerking it to the collapse of crypto
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YYYYEEEEEESSSSSSSS
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Putin did this
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Keeping the proces high by bottlenecking noble gasses
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Time to buy and start mining
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What are we up to now anyways, 3090?
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yah the 4000 series should come out soon enough
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What about the 4010?
@Transgender_spez
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what fricking animal, devoid of all reason, deprived of civilization for years, indulged in madness, rife with pure cold malice, would use that as taxonomic basis for a graphic card series.
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I wonder if that's going to get scalped or stay more readily available
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Elden Ring while awake, tensorflow while asleep.
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