Hopefully between that and the new GPUs that halve the hash rate, the demand will go down and cards will start flowing.

maxknight
Hopefully between that and the new GPUs that halve the hash rate, the demand will go down and cards will start flowing.

The spice must flow.

Gamer-Monk
ETH/USD down to $2165 good news for gamers.
 

even ETH @$2000 is still insanely profitable. it ain't stopping anytime soon.

Gamer-Monk
ETH/USD down to $2165 good news for gamers.
 

they were mining like crazy at sub $1000 ETH prices, i don't think they'll stop or even slow down with ETH at $2000

giuliacciotex

Gamer-Monk
ETH/USD down to $2165 good news for gamers.
 

they were mining like crazy at sub $1000 ETH prices, i don't think they'll stop or even slow down with ETH at $2000

Difficulty has risen 50% since then bringing rewards down significantly. Mining might be great today, especially if you believe in the coin. But plenty don't, and at the very least they won't be loading up on 300% MSRP cards which will remove the scalpers from the market. And if both of those groups are gone, you'll be able to get a card.

Price per mh needs to be under 5 cents to stop gpus from mining.
Price was over 20 cents an mh
It is now about 9 cents
Math at 9 cents is 9 dollars a day for a 3080 which burns about 6kwatts at 20 cents = 1.20 net profit is $7.80 a 2000 dollar 3080 pays off in 
2000/7.80 = 256 days
Since mining with proper clocks does not kill a card getting a 3080 for 2000 makes sense to many miners
Now if the earnings drop to 5 cents
we are at 5 a day-1.20 = 3.80
2000/3.80 = 526 days
 
So the demand is not going away just yet. I did the numbers above with 20 cent a kwatt cost. Many new miners are near 20 cents but if you are at 10 cent power or better yet 5 cent power you will still want cards to mine.
 
 
BTW the problem is entirely 100 percent nvidia as they failed to supply enough chips for builders of cards. If they had done so cards would have been in enough supply for miners and gamers so that scalping would not have occurred.
 
 
 
 
 
 
 

I get the feeling that there is an even bigger shortage of normal 3080 chips being produced. Haven't been seeing many going out to folks and there hasn't been one on the NewEgg shuffle for days now. I'm guessing that they've shifted a good portion of the production of 3080 chips to 3080ti variants instead.
 
I'm not expecting to get the 3080 I'm signed up in the queue for at all. There has only been one reported 3895 so far... Oddly that one reported 3895 came 1 day after I mentioned the complete lack of even one being reported on some of EVGA's social media posts. I think they saw one of my posts and sent out one just so I couldn't say there wasn't a single one reported so far. Still... 1 being reported to been sent out to someone in the queue while I've been in the queue for 239 days says I simply won't be getting one. The 4000 series cards will be out before that happens.

duffeywolvin
Yeah, the Newegg shuffle has been useless for a week or so, and the bundles they've been offering have been mostly terrible for longer than then.  I'm not buying an overpriced trash motherboard to get a shot at an overpriced 3080.

I think it was a little over a week ago that they had one 3080 up with nothing bundled with it. I've tried for a few of the bundles on the off chance that I could sell the thing it was bundled with at a loss and just to have my effort to upgrade from a 1080ti to a 3080 over. At this point I'll pay a little extra to have it be done... not scalper prices, but a couple hundred extra (some of which I might be able to recoup) would be alright.

Dark Ride

gsrcrxsi

Gamer-Monk
ETH/USD down to $2165 good news for gamers.
 

even ETH @$2000 is still insanely profitable. it ain't stopping anytime soon.

Not at the current market price for GPUs it's not. The fomo miners are the ones paying the scalpers prices and barring a swift rebound in price, that's about to stop. Only the absolute dumbest miners would buy a card with an ROI over a year. Give it about 3 months for supply to work it's way through and scalpers margin to drop enough for them to start carrying less inventory and shutting off their bots and you'll be able to get a card. They'll still be "out of stock" but you'll be able to get one with moderate effort.

that's only if you assume that price doesnt recover, like it did last time there was a sharp drop, but recovered within a week or so.
 
don't get your hopes up.

$2600 for a 3080 @ 320-370w to make imaginary currency is insane in the membrane , here's to huge card drops on this hump day !

duffeywolvin
Yeah, I saw that one, about 1.75 MSRP, but at least no bundle.  The problem with the bundles is that if you have a problem, you need to return the entire bundle according to the rules on the page. 

MSRP was determined with faulty supply and faulty demand assumptions.  IMO, the $699 price point of the 3080 FE was WAY too aggressive and immediately brought in a demand (not even factoring mining) that was going to far outweigh supply.  If the FE price point was $999, we might have seen this go slightly better, although it still would be a mess.  Judging card pricing on Sept 2020 MSRP is going to lead to a lot of disappointment.  The fact that NVIDIA ( and places like Best Buy) has not adjusted pricing is amazing to me.

gsrcrxsi

Dark Ride

gsrcrxsi

Gamer-Monk
ETH/USD down to $2165 good news for gamers.

even ETH @$2000 is still insanely profitable. it ain't stopping anytime soon.

Not at the current market price for GPUs it's not. The fomo miners are the ones paying the scalpers prices and barring a swift rebound in price, that's about to stop. Only the absolute dumbest miners would buy a card with an ROI over a year. Give it about 3 months for supply to work it's way through and scalpers margin to drop enough for them to start carrying less inventory and shutting off their bots and you'll be able to get a card. They'll still be "out of stock" but you'll be able to get one with moderate effort.

that's only if you assume that price doesnt recover, like it did last time there was a sharp drop, but recovered within a week or so.
 
don't get your hopes up.

I did note "barring a swift recovery in price." And maybe that's what will actually happen, only time will tell. I have a card that can easily get me through so mostly I'm hoping for everyone else.

I partly agree that MSRP was set aggressively low, but between Eth and Pandemic this was perfect storm territory.

AIB Partners literally said NVidia is putting their MSRPs at a level where it's hard for AIBs to make profit, and the FE models being NOT reference/base models, at MSRP, makes it even harder for AIBs to compete at that price point.
 
Now that NVidia's set #s literally don't mean jack because of Tariffs & literally everyone but eVGA raising their prices by hundreds of dollars because "supply and demand", I'm quite sure the 3080 Ti's ACTUAL base prices will be disgusting, as will the other models that come out.  Wouldn't be surprised if high end 3080 Ti's are the same price the 3090 base models launched at ($1500) - if you can actually get ahold of one at their actual set price.

Dabadger84I'm quite sure the 3080 Ti's ACTUAL base prices will be disgusting, as will the other models that come out.

3080 Ti basically 3090 with 12 GB RAM instead of 24 GB - same 384-bit memory bus and 10,240 vs 10,496 CUDA cores(less than 3% difference). But in this case Nvidia have to rise 3090 price too.