If what you said was even close to true, overpriced 1080's and 1080 Ti's wouldn't be the only GPU's there was never an issue with availability anywhere.
Spoken like a true 1070 bag holder
dude they USED to be king but lets do the FACTS TODAY:
--they bring in what 2$ a day each? pfft, hope you have a whole house for your 1070's cause your gonna need that many
--they cost 60% as much at 1080ti, but you lose all that cash easy and more building WHOLE new rigs just to have the SAME HASH (even less in total) as 1080ti buyers :/
-- you end up with 25 rigs that cost the same as MY 12 rigs and i have MORE HASH :/ your crazy if you think 1070 is STILL better today.
-- 1070 will have way less resale, tell me, whats a used 980ti go for now, hmm? 400 USD, STILL. whats a 970 go for? exactly., like 200
-- what are your MAN hours worth? jesus ill keep my 12 rigs over 25, thats a headache in itself...
so have fun with your 1070 scramble starting now and over next 3 months, im sitting pretty on buying 1080ti's 30 days ago, ill easily ROI b4 volta, then get GREAT resale if i chose to sell, and buy Volta
I pull in a good bit more than $3/day with my 1070s, even WITH the widespread coin price drops of the last couple weeks - but for what I've been working on most of the last month, the 1080ti is at least comparable on hash/$ at the prices I've paid for both (I didn't pay more than $400 for any of my 1070s, started moving upscale when the price started gouging).
1070 pricing has started dropping the last week - looks like the "mining specific" card sales is helping SOME to drop pricing back down on the "gouge priced" cards on both sides of the red/green debate.
Used 980ti go for as much as they do because they OUTPERFORM the 1070 on almost anything (mining is one of the RARE exceptions, and even there it depends on the specific coin), gamers don't worry about having one card that soaks a lot of power and that's STILL the primary market for GPUs.
If you build the rigs to be reliable, running twice as many rigs isn't that big of a difference - and it's certainly not going to be MORE THAN TWICE AS MANY GTX 1070 rigs to match the performance of GTX 1080ti based rigs (more like 60% more).
In my particular case, I end up having to build the GTX 1080ti rigs with FEWER CARDS due to limits on my power infrastructure (a 3 card rig would eat 850+ watts at the wall, which means I CAN'T put 2 of them on one circuit), which turns out to be a good thing from a cooling standpoint as well since I don't build riser rigs - so I end up with the SAME number of rigs, with a *HAIR* more performance, using 50% fewer cards and slightly less power (which is where my 60% estimate comes from since most mining rigs ARE riser-based AFAIK).
On the other hand, the 1080ti is NOT as all-around good as the 1070 at mining - there are coins it's better at, but except for ZEC they are ALL "small hash" "small cap" coins (and even ZEC is a lot smaller than ETH is).
It IS going to have better resale value at "this past month" pricing than the 1070, since it never went into "gouge pricing" - if you bought (a) 1070(s) at "gouge pricing".