Jhenke
Crypto needs to crash so miners sell their cards

Won’t work, as miners have already seen the crash and now recover. If it hadn’t recovered numerous times, your theory would work, but it won’t work this time. Only small time miners would be silly enough to dump all of their hardware with the next crash.

I believe its the most profitable its ever been. The price's are only going up on either, with alot of people predicting that it will be 10K per in the following yer.

I've been waiting since launch to grab one. Miners can screw off :(

I'm seeing scalping prices go up even more! crazy

phased-in

KO0IAID
I believe its the most profitable its ever been. The price's are only going up on either, with alot of people predicting that it will be 10K per in the following yer.

So what I'm hearing is the 3080ti queue is my last chance

Not saying that's true but tbh... it is probably true.
I am not religious but I might become if there is a god that grants me a GPU at this point.

There's 3070ti too...

how are they only making half as much?

The thing is, even with halfed hash rates they most likely won't just sell their gpus, they'll just hold and wait.
GME buyers ain't the only ones with diamond hands.

I just need a new gpu... either a 3080, 3080 ti, 6800 xt or 6900 xt.... need something to drive my odyssey g9 that's only being used for work 🙁

asmodyus
Plus as soon as Ethereum is not worth mining another alt coin will pop and be new the mining king and there already some potential but right now everyone is riding on Ethereum until they can't. So Until the production and importing issues are fixed cards will still be going to scalpers for lack of cards miners are just adding to the difficulty of getting cards.

well yes but in countries where people just like riding the hype train and dont know much about alt coins, its going to deter some miners and save some gpus for potential gamers .....one can dream though 

chrislalai
Lets be real they will find a way around the limiters as they did time and time again already

I do agree, I doubt will chance anything in 21/22. Se are in May and it's almost impossibile to buy a decent gpu... I was so much stupid to not buy an user 2080 when the rtx 3000 serie was announced!

Jhenke
Crypto needs to crash so miners sell their cards

meanwhile, crypto is soaring again...

I know very little about mining crypto but isn't there a positive correlation between he value of the crypto and how difficult it is to mine the currency or is it completely un-related? I've heard that it is becoming less and less profitable to mine these cryptocurrencies using GPUs. Purpose built ASICs will far out perform GPUs and if miners want to remain competitive they will have to start utilizing the ASIC miners instead of GPUs.  

25lboxer
I know very little about mining crypto but isn't there a positive correlation between he value of the crypto and how difficult it is to mine the currency or is it completely un-related? I've heard that it is becoming less and less profitable to mine these cryptocurrencies using GPUs. Purpose built ASICs will far out perform GPUs and if miners want to remain competitive they will have to start utilizing the ASIC miners instead of GPUs.  

My understanding is that the difficulty goes up as the network hash rate increases (and also goes down when it decreases) so under normal market circumstances you would be correct but since the hype train keeps sending the price higher, the value is outpacing the difficulty increase. The difficulty has gone up almost 60% in 90 days.

https://www.coinwarz.com/...ereum/difficulty-chart

ASIC miners may save us if the big mining farms jump on them but they’ll only save us from ETH and someone on reddit will hype the next coin that can be mined with a GPU and we will be right back where we started with an additional jump from all the new people attracted by the hype.

Honestly this doesn’t end until enough people lose a lot of money to deter others from taking the risk or some form of comprehensive regulation makes it not worth doing (and that’s going to need to include China so fat chance).

I honestly don't see how NVidia has any right to put rate limiting. Who are they to tell you what you can and can't do with the GPU compute hardware you bought? That's a bit like Intel trying to tell you video editing will run at half rate on Core i7 unless you buy the special "Video" edition. Not because the hardware can't do it, but because they flipped a bit somewhere in memory to prevent you from doing it. And worse yet, retroactively crippling your hardware through bios and driver updates. None of this is published on the box of the product you bought, and there's no way to differentiate cards with old firmware vs new. NVidia is the one who developed CUDA so people could do computing on the GPU. Now they want to control what you can and can't compute. I smell law suits coming.