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Topic: gpu bubble well and truly bursting (Read 23737 times)

newbie
Activity: 64
Merit: 0
May 19, 2018, 07:01:57 AM
It was only truly a bubble if one payed a substantial markup over MSRP; otherwise, no bubble unless cards start going for below MSRP.

If you buy below MSRP, it is still profitable and can get ROI.
hero member
Activity: 2548
Merit: 607
May 04, 2018, 10:38:17 PM
It was only truly a bubble if one payed a substantial markup over MSRP; otherwise, no bubble unless cards start going for below MSRP.
full member
Activity: 1148
Merit: 132
May 04, 2018, 05:55:03 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley


yup i bet the next great blockchain app might be a golem type service that allows GPU farms to provide ultra relistic VR services  by running many gpu comute units in parallel somehow

that way you could create true VR say like in ready player one , on old GPU hardware , since you can throw hundreds of thousands of compute units at the problem.

That sounds very logical, if you don't count the electricity cost. older hardware ALWAYS uses more electricity.
As in GPU mining, older hardware is too expensive Smiley

True, the hope is that the cost of VR for scientific purposes at least at first with huge funding in grant money etc will ofset the cost of power.

renting a 100-300 GPU farm for a few days is still light years cheaper than a supercomputer node will ever be, no matter what the power cost  imo
member
Activity: 762
Merit: 35
May 04, 2018, 04:11:34 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley


yup i bet the next great blockchain app might be a golem type service that allows GPU farms to provide ultra relistic VR services  by running many gpu comute units in parallel somehow

that way you could create true VR say like in ready player one , on old GPU hardware , since you can throw hundreds of thousands of compute units at the problem.

That sounds very logical, if you don't count the electricity cost. older hardware ALWAYS uses more electricity.
As in GPU mining, older hardware is too expensive Smiley
full member
Activity: 1148
Merit: 132
May 04, 2018, 03:04:18 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley

For any new coin to be larger and compensate for Ethereum mining, that new coin better would have to be larger and overtake Ethereum in terms of technology, team, and adoption. It would probably high unlikely that a secret development team come out of hiding and change the world with innovative technology. Not saying that it can't happen, what i'm saying is POS would be long implemented before then.

The best bet for now is RVN

Yup Im all in RVN and LUX atm
full member
Activity: 1148
Merit: 132
May 04, 2018, 03:03:38 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley


yup i bet the next great blockchain app might be a golem type service that allows GPU farms to provide ultra relistic VR services  by running many gpu comute units in parallel somehow

that way you could create true VR say like in ready player one , on old GPU hardware , since you can throw hundreds of thousands of compute units at the problem.
newbie
Activity: 12
Merit: 0
May 04, 2018, 02:25:32 PM

Luckily, GPU mining =/= ETH.  ETH made its decision, time to get over with it.


Actually, ETH === GPU mining.

You're a legendary account and you should know by now that if and when ETH moves to POS. All those 8 million GPUs will mine the shit out of any and all those other coins you mentioned. Difficulty for the entire mining scene will increase and only the industrial miners with almost free electricity will remain.

Don't forget people who will use their computers to warm their houses in the winter.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
May 02, 2018, 09:43:58 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley

For any new coin to be larger and compensate for Ethereum mining, that new coin better would have to be larger and overtake Ethereum in terms of technology, team, and adoption. It would probably high unlikely that a secret development team come out of hiding and change the world with innovative technology. Not saying that it can't happen, what i'm saying is POS would be long implemented before then.

POS will kill ETH price

Pos is basically bank interest or bond interest.

POW or nothing.
legendary
Activity: 2366
Merit: 1408
May 02, 2018, 08:54:12 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley

For any new coin to be larger and compensate for Ethereum mining, that new coin better would have to be larger and overtake Ethereum in terms of technology, team, and adoption. It would probably high unlikely that a secret development team come out of hiding and change the world with innovative technology. Not saying that it can't happen, what i'm saying is POS would be long implemented before then.

The best bet for now is RVN
sr. member
Activity: 784
Merit: 282
May 02, 2018, 08:39:57 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley

For any new coin to be larger and compensate for Ethereum mining, that new coin better would have to be larger and overtake Ethereum in terms of technology, team, and adoption. It would probably high unlikely that a secret development team come out of hiding and change the world with innovative technology. Not saying that it can't happen, what i'm saying is POS would be long implemented before then.
newbie
Activity: 23
Merit: 0
May 02, 2018, 06:34:48 PM
i would have to agree with  Marvell2 ...
i think another coin will come along and make some waves. 
gpu prices are some what better,  but if 2 years doesn't hold out, just another year of Eth mining would be fantastic!
and the possibility of VR farms could be huge in the future...
maybe a vr credits market place like they had for solar credits, who knows we would all be buying GPUs like mad again Smiley
full member
Activity: 1148
Merit: 132
May 02, 2018, 06:04:06 PM
So about 9 months from begining of this thread we are still surving somehow,yeah i know asics are coming but still we have some profits from mining.5$ per 1080ti a day still isnt that bad,yeah i know that it was much easier when we were earning 20$ a day but still its not that bad
I think we have two years before eth goes poss so make hay while the sub shines
hopefully too in that time maybe vr farms open up or another coin goes gpu only or a
current one becomez more mainstream, whats dead can never die 😂😂
member
Activity: 154
Merit: 10
May 02, 2018, 05:31:43 PM
So about 9 months from begining of this thread we are still surving somehow,yeah i know asics are coming but still we have some profits from mining.5$ per 1080ti a day still isnt that bad,yeah i know that it was much easier when we were earning 20$ a day but still its not that bad
newbie
Activity: 69
Merit: 0
May 02, 2018, 05:19:59 PM
Blaming the Chinese Manufacturers is not going to help at all in such a case.
newbie
Activity: 89
Merit: 0
May 01, 2018, 03:18:00 PM
He was very sure about the ETH, despite me asking for another coins.
legendary
Activity: 3808
Merit: 1723
May 01, 2018, 02:50:59 PM
According to the ETH dev meetings the next release will be hybrid POS Casper and the block reward will indeed be 0.6 ETH per block.

However there is no time frame when this will happen.

Then later on they will go full CFG and there will be no more ETH mining.


Highly doubt there will be enough profit in ETC or ZEC or XMR to stay in the business.
newbie
Activity: 32
Merit: 0
May 01, 2018, 02:39:40 PM
That is being brave and if he loses then the pumpers are going to pump the ETH.
newbie
Activity: 129
Merit: 0
May 01, 2018, 05:55:46 AM
I think minimg profits are good as of now, provided you have a good team and software. And if you have a good coin selection ability, then you can make some pennies
member
Activity: 762
Merit: 35
May 01, 2018, 02:33:43 AM
Quote
Block reward will go from 3 eth to 0.6 eth when casper arrives.
no one will mine eth for .06 lol unless eth is worth 20k lol
[/quote]

Hmm, how about those 0.6 ETH worth is back to 1000-1500$
and you can use only your walled and 30-40W electricity for 0.6?
jr. member
Activity: 252
Merit: 8
April 30, 2018, 01:05:48 PM
All gpus are available in my country, but the prices not changed...
That's because the GPUs are not tradeable commodities (which have spot values), they are things in boxes that are stored in several hands before they are sold.
This means that someone have filled their stock at a certain price, and will not sell to a loss until they "have to".

Prices must drop until the 1170 and 1180 are announced, or at least after they are getting available.

On that note, when will it be possible to pre-order 1170 and 1180 at MSRP?
With that in the equation, who think they can sell a 1080Ti for $600+ after the release date of 1180?
If demand will be high enough (which it can be at current profits/difficulties) the new cards will be impossible to get you hands on and they will be sold at 50% over MSRP... Then the value of current cards will not drop by much, we just got even faster more efficient cards that noone can get their hands on.

A lot will be determined by the price/performance of the 11-series cards too.  For all we know, the 1080ti may remain the king of GPU miners even after the new 11-series come out.  Rumors have it that the 11-series cards will cost vastly more than the 10-series but how will the performance gain stack up? 

If they plan to price gouge then maybe they will see a retaliation by gamers and miners whereby they realize that overpriced new units aren't worth it... Of course by that point we would obviously see price drops and likely see subsidies paid back out to vendors to cover the loss. 

Think about it.  They aren't paying their engineers much more...even though they all likely got really sweet bonuses after the recent earnings.  And the cost of materials hasn't really changed.  They are just capitalizing on hype which could result in them losing business if they are not careful.
Manufacturers are not overpricing the gpus, it's the damn retailers. MRP is not that high.
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