kompukare (15-09-2022)
Let me get those eBay alerts setup....
(2070,2080,3060,3070,6700,6800) -faulty
[GSV]Trig (15-09-2022)
Certainly happy with my 6700xt plan but watching the 6800/6800xt too.
ETHW... Desperation or cash grab?
Wonder how Nicehash will cope now, looks like most of their work was ETH...
Seems the denier miners are trying, been checking cryptos across the board and they get hit with a high hash rate then difficulty spikes and profitability drops off. all this mixed with higher energy costs.
Of course world figures matter but it looks like UK wise it not going to profitable to mine anything with all coins running at a loss right now.
DanceswithUnix (22-09-2022)
Who is the owner of OCUK these days?
I was bored enough to watch the Ethereum merge event livestream while it was happening, and someone on there mentioned miners could switch to some sort of AI coin. Now AI training does require a mahoosive amount of GPU power so there's the possibility that the proof of work wouldn't be wasted, but usually also requires upwards of tens of gigabytes of training data so I don't really see how that can work. There must be something there I haven't heard of going on, but my short attempt to Google it shed no light at all.
I have been keeping an eye on some miners on youtube etc, it seems many have switched off and when things stablise they will switch on again, but if they all start switching on again it will still be a problem, the denial is strong.
Looking at ebay prices it seems older cards are dropping quicker as it makes sense if you were to sell some cards you would start with the least efficient. ie the 5700xt is looking tempting at £150.
Many are talking about spec mining on the hopes some coins will rocket in value, back to denial.
Overall looking at what to mine difficulty is up and there is only losses on all coins unless you have extrmemely cheap or free electric.
Looks like ergo is in trouble due to all the miners hitting it and then abandoning leaving the difficulty high.
Many seem to be mining much hopium (at a loss).
I imagine there will be a lot of that for a few weeks while miners try to find something to fill the void made by the ETH change, if they don't then I cant see how nvidias new 4000 pricing will be sustainable, should be really interesting when AMD drop the 7000 series cards...
It going to take a while for many miners to give up.
As for the the new cards coming, I guess the scalpers are ready, but will there be enough of a shortage for the scalpers to make money with miners aren't buying everything and also willing to pay way over the odds.
Seems Nvidia want to release a 4070 and up (I mean 4080 12gb) all at high prices with the rest of the stack being made up on the 3090 downwards. So no hope of a new Nvidia card for most people.
Last gen AMD followed nvidia in prices are all cards would sell at any price, hopefully this generation we will see AMD undercutting nvidia and gaining market share.
Still not settled on what to buy as monitoring 5700xt,6700xt and 6800 cards, interesting times ahead.
I'm still not convinced that will fly.
If DLSS 3 is as good as Nvidia say it is, and it requires a 4000 series board, then who the heck is going to buy the old stuff unless it is at fire sale prices? The low end cards maybe, but for the money a 3080 costs I don't want to see half the tick boxes empty.
I don't like DLSS3. I mean, it's a brilliant way to nearly double the frame rate, if that's the primary concern, but I don't like it when my TV interpolates frames and I doubt I'll like DLSS3's output for similar reasons.
Which leaves me to ask, if they are claiming nearly double performance, and DLSS3 nearly doubles performance.. what's the real gain this generation? I'm sure there is some, but it's not the giant leap that pricing seems to indicate.
I think they've just got too much stock of the 3000 series floating around to target it with similar price points - they know there's an early adopter fee and the first batch are always scalped so I don't blame them at all for selling high initially. But when the competition comes out they'd better reduce pretty sharpish.
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