OT Update 2: Nvidia & AMD about to lose a lot of sales from cryptominers?

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  • AllenArtAllenArt Posts: 7,175
    kyoto kid said:

    ...OK thanks.

    The one difference though those were prices in the local areas near where mining took place (similar to what happened in North Dakota with the shale oil boom in 2014).  However it didn't have the far reaching worldwide effect (or even across the divide) like the cryptomining rush is doing today.

    Back then, as it mentions, many came with dreams of striking the motherlode only to come up short or empty handed.  How I wish the same would happen with this crypto rubbish.

    The world is a much smaller place now ;).

    Laurie

     

  • kyoto kidkyoto kid Posts: 41,859

    ...indeed, back then it took a couple weeks to cross the Atlantic whereas now you can do it in 6 hours (3.5 hours when the Concorde was still in service) pretty much secure in the knowledge you will make it to your destination safe and sound with little incident save for maybe a bit of turbulence. 

    Yeah, a global economy has its good and bad aspects and we are seeing one of the latter.

  • Peter FulfordPeter Fulford Posts: 1,325

     

    Competing with gamers for graphics cards is one niche thing, but putting up every voter’s utility bill is really going to draw attention:

    http://www.watertowndailytimes.com/national/plattsburgh-mulls-bitcoin-moratorium-20180305

     

  • Peter FulfordPeter Fulford Posts: 1,325
    edited March 2018

    Double post, using up everyone’s electrickery.

    Post edited by Peter Fulford on
  • GreymomGreymom Posts: 1,139
    edited March 2018

    At this moment, Newegg is selling the Gigabyte 1080Ti 11GB for the same or ~$100 more than some of the 1070ti's, and they list it as in stock.   It is about $350-$600+ cheaper than I see it anywhere else.  The EVGA 1070ti is the same price as that MSI 1080ti on that site.

    Doubt it will last long.

    Post edited by Greymom on
  • RAMWolffRAMWolff Posts: 10,343

     

    Competing with gamers for graphics cards is one niche thing, but putting up every voter’s utility bill is really going to draw attention:

    http://www.watertowndailytimes.com/national/plattsburgh-mulls-bitcoin-moratorium-20180305

     

    Interesting read.  I have a good friend that works within the Bitcoin industry here in the USA, hope they aren't under fire too!  lol 

    In any case I see my old card about the same price as it was back when I bought it so hopefully prices are dropping again in some areas.  Seems sort of nuts with these price hike trends.  Used to be "get 'em while their hot" now it's "get 'em while their cheap" LOL

  • kyoto kidkyoto kid Posts: 41,859
    Greymom said:

    At this moment, Newegg is selling the Gigabyte 1080Ti 11GB for the same or ~$100 more than some of the 1070ti's, and they list it as in stock.   It is about $350-$600+ cheaper than I see it anywhere else.  The EVGA 1070ti is the same price as that MSI 1080ti on that site.

    Doubt it will last long.

    ...yup, didn't last long at all. Save for one at 960$, everything else that isn't "out of stock" is over 1,000$

  • KitsumoKitsumo Posts: 1,221
    edited March 2018

    It's a promising sign. A week or two ago I didn't see any 1080ti's for under a thousand dollars. Hopefully prices really are starting to soften up.

    Cryptocurrency heat mapSimpsons Mr Burns Excellent

    HeatMap7Mar.jpg
    1118 x 673 - 162K
    Post edited by Kitsumo on
  • kyoto kidkyoto kid Posts: 41,859
    edited March 2018

    ...1070s are still too ridiculously high at around 100% or more above their normal price.  the cheapest I could find were refurbished ones but still more than the original MSRP and without knowing what the previous owner did with them, not even going to bother.

    Hopefully Nvidia will restock their supply sometime.

    Post edited by kyoto kid on
  • Silver DolphinSilver Dolphin Posts: 1,638

    The people who make video cards are like the petrolum companies they only lower the price if no one is paying those high prices. Human greed being what it is, I don't foresee the prices going down too much unless bitcoin fails and there is a glut of video cards. As far as cpu and memory. I would stay away from high end new generation computers unless you have deep pockets. A nice xeon 8 or 10 core from ebay and a prebuilt dell workstation with at least 32gb of ram is what people should be trying to get, not some treadripper monster that you have to sell your organs for.

  • CypherFOXCypherFOX Posts: 3,401

    Greetings,

    The people who make video cards are like the petrolum companies they only lower the price if no one is paying those high prices. Human greed being what it is, I don't foresee the prices going down too much unless bitcoin fails and there is a glut of video cards. As far as cpu and memory. I would stay away from high end new generation computers unless you have deep pockets. A nice xeon 8 or 10 core from ebay and a prebuilt dell workstation with at least 32gb of ram is what people should be trying to get, not some treadripper monster that you have to sell your organs for.

    nVidia is not raising the price of the video cards, and as far as I can tell neither is Asus, eVGA, etc...  The reason the price is high is because they are 100% selling out every single shipment they make at the normal price, and the only prices you can find are essentially the secondary market, which are people who either (1) had one, and can't resist getting a high value for it at the current rates, or (2) who bought one of those sold-out cards specifically in order to resell it to either desperate gamers/renderers, or greedy cryptocurrency miners.

    Believe it or not, individuals can be far more viciously greedy than companies.

    --  Morgan

     

  • Silver DolphinSilver Dolphin Posts: 1,638
    edited March 2018

    Ha, this is what Daz needs so we are not locked into Nvida cards only >>>https://pro.radeon.com/en/software/prorender/

    Yes I get your point Cyberfox but it is still fueled by human greed so I don't see an end in sight. I wish Daz would upgrade the OpenGL render engine in Daz studio and Make the content easier to customize and add to in smart content.

    Post edited by Silver Dolphin on
  • kyoto kidkyoto kid Posts: 41,859

    ...I just saw reference to an article from January where Nvidia asked vendors to sell to gaming enthusiasts instead of miners.

    https://wccftech.com/nvidia-instructs-retailers-stop-selling-miners-sell-gamers/

    Not that many will listen though.

  • PadonePadone Posts: 4,015

    As soon as EEVEE will come out of beta there will be no need of high-end cards for realistic renderings. A simple GT730 4GB will be more than enough. So miners can take them all and go to hell with them as far as I'm concerned .. I'm waiting for that.

    Meanwhile iClone 7 can provide good results already with its real-time PBR. A possible equivalent solution for DAZ Studio would be to implement Iray real-time. Both iClone and Blender have plugins to import DAZ assets.

  • KitsumoKitsumo Posts: 1,221

    Yes, for once it's not the corporations being greedy here. Nvidia is still selling cards on their website at regular MSRP, but those cards immediately get snapped up as soon as they're available. Like I posted on the previous page, if you're willing to buy an Alienware system, you can upgrade to a 1080ti for around $500. So most of the cardmakers (and chipmakers) are honest. The retailers may be jacking up the prices, but that's just how retail operates.

     

  • TaozTaoz Posts: 10,259

    Ha, this is what Daz needs so we are not locked into Nvida cards only >>>https://pro.radeon.com/en/software/prorender/

    I'll second that.

  • PadonePadone Posts: 4,015

    Prorender doesn't work on macs, so being DAZ Studio a mac compatible application it doesn't fit. Moreover mining affects ATI cards as well so I can't see how this would be a solution at all ..

  • GreymomGreymom Posts: 1,139

    Another notification this morning from NVIDIA that the 1080ti was back in stock at $699, limit two per customer.  Of course, by the time I pushed the "buy" button, they were out again.....

  • kyoto kidkyoto kid Posts: 41,859

    ...same here for a 1070 Ti Email arrived at around quarter past 07:00 by the time I saw it and clicked the buy now button it was back to "Notify Me".   They have our email addresses if they are so into wanting to make sure gamers get first crack they need to set up a reservation system whereby the card is held for you with a deadline (like midnight Pacific time as Nvidia is located here in the Portland metro area) to respond.  Most likely it was no doubt some miner(s) who snapped them up.  Who knows they probably even have bots watching sites like this that auto order once the notice arrives.

  • kyoto kidkyoto kid Posts: 41,859
    Padone said:

    As soon as EEVEE will come out of beta there will be no need of high-end cards for realistic renderings. A simple GT730 4GB will be more than enough. So miners can take them all and go to hell with them as far as I'm concerned .. I'm waiting for that.

    Meanwhile iClone 7 can provide good results already with its real-time PBR. A possible equivalent solution for DAZ Studio would be to implement Iray real-time. Both iClone and Blender have plugins to import DAZ assets.

    ..oh, Blender.  Oh well.

    Put in for another "useless" notification on a 1070.

  • Ron KnightsRon Knights Posts: 2,112

    Like some others here, I'm a Senior Citizen and living on a fixed income. I moved from Maine to Minnesota to be near my family when the rest of them finally resettled here. My Dad is 90. Back in 2014, Dad was generous and bought me a 27" iMac. I told him it would meet all my needs. It didn't take long to realize I'd need a powerful PC to handle DAZ Studio and Iray.

    If it weren't for DAZ Studio, I'd never consider buying a PC. I left the Windows world back in 2007, and have been ecstatic ever since. But I want to "Make Art" with DAZ Studio. So I can justify having a powerful PC  just for Art's sake. I'm sure iRay is a great rendering tool for DAZ Studio. But Iray and the need for powerful, expensive video cards will eventually drive away the "poorer people" like myself.

  • Padone said:

    Prorender doesn't work on macs, so being DAZ Studio a mac compatible application it doesn't fit. Moreover mining affects ATI cards as well so I can't see how this would be a solution at all ..

    ProRender is available in source code form, and is able to be compiled for MacOS, Linux and Windows, with support for several different OpenCL libraries last I checked. In fact, I'm working on developing a plug-in using that code for DAZ Studio.
  • Ghosty12Ghosty12 Posts: 2,080
    kyoto kid said:

    ...same here for a 1070 Ti Email arrived at around quarter past 07:00 by the time I saw it and clicked the buy now button it was back to "Notify Me".   They have our email addresses if they are so into wanting to make sure gamers get first crack they need to set up a reservation system whereby the card is held for you with a deadline (like midnight Pacific time as Nvidia is located here in the Portland metro area) to respond.  Most likely it was no doubt some miner(s) who snapped them up.  Who knows they probably even have bots watching sites like this that auto order once the notice arrives.

    Yeah shows how utterly useless the notification system is, and well with the trouble that you and others are having try to get one, it really makes one wonder..  It has really come to the point that maybe the government should wade in and put the kybosh on this cryptomining craze..

  • AllenArtAllenArt Posts: 7,175
    ghosty12 said:
    kyoto kid said:

    ...same here for a 1070 Ti Email arrived at around quarter past 07:00 by the time I saw it and clicked the buy now button it was back to "Notify Me".   They have our email addresses if they are so into wanting to make sure gamers get first crack they need to set up a reservation system whereby the card is held for you with a deadline (like midnight Pacific time as Nvidia is located here in the Portland metro area) to respond.  Most likely it was no doubt some miner(s) who snapped them up.  Who knows they probably even have bots watching sites like this that auto order once the notice arrives.

    Yeah shows how utterly useless the notification system is, and well with the trouble that you and others are having try to get one, it really makes one wonder..  It has really come to the point that maybe the government should wade in and put the kybosh on this cryptomining craze..

    Oh no...that can only make it worse LOL.

    When manufacturers finally get the hint that the need for more gfx cards will go on for awhile, they'll get around to creating more supply. It's just that doing that can't happen overnight and takes time and money to get the ball rolling.

    Laurie

  • Ghosty12Ghosty12 Posts: 2,080
    AllenArt said:
    ghosty12 said:
    kyoto kid said:

    ...same here for a 1070 Ti Email arrived at around quarter past 07:00 by the time I saw it and clicked the buy now button it was back to "Notify Me".   They have our email addresses if they are so into wanting to make sure gamers get first crack they need to set up a reservation system whereby the card is held for you with a deadline (like midnight Pacific time as Nvidia is located here in the Portland metro area) to respond.  Most likely it was no doubt some miner(s) who snapped them up.  Who knows they probably even have bots watching sites like this that auto order once the notice arrives.

    Yeah shows how utterly useless the notification system is, and well with the trouble that you and others are having try to get one, it really makes one wonder..  It has really come to the point that maybe the government should wade in and put the kybosh on this cryptomining craze..

    Oh no...that can only make it worse LOL.

    When manufacturers finally get the hint that the need for more gfx cards will go on for awhile, they'll get around to creating more supply. It's just that doing that can't happen overnight and takes time and money to get the ball rolling.

    Laurie

    Yeah I know it won't help but it is still a pain in the rear for those looking for a new card at a halfway decent price..

  • kyoto kidkyoto kid Posts: 41,859

    ...the trouble is there is a worldwide shortage of memory chips (hence why system memory has been going up in price as well)  The suppliers who fabricate memory for those memory sticks on the MB also make the memory GPU cards use. Nvidia or AMD simply cannot ramp up production if there is a shortage of a key component.  Same for Corsair, Patriot, GSkill, Adata, etc.

    I just came off of an article and  discussion the Tom's forums about this and pretty much the people who have been scarfing up GPU cards since last year are not the big players at all. Most of the long time miners are using full on mining farms similar to those warehouse sized Pixar render farms that have hundreds of dedicated enterprise and even datacentre based mining servers. They have outgrown the need for commercial GPUs.  What we are seeing now are the "Johnny Come Lately" miners who like the latecomers on the coattails of California gold, rush thought they still might be able to strike it rich enough in spite of the fact they were competing against well organised an even established mining outfits.  Unfortunately as more headed west, the rush hit a saturation point as the veins rapidly became depleted and trespassing on someone else's claim was pretty much a death warrant.

    With crypto currency mining, the more who became involved, the more difficult it became to get any sort of return, particularly for the late comers.  However it seems whenever the idea of what essentially is "free money" (particularly that is not taxed) is dangled like a carrot on a stick and string in front of people, they seem to abandon reason and do whatever it takes to get their hands on some whether it is by doing something totally stupid (like some game/"reality" shows I've seen), or putting more in than what the final payout is worth (chronic gamblers).

    I some ways, I feel as if I am watching It's a Mad Mad Mad Mad World playing out in real life.

  • PadonePadone Posts: 4,015

    ProRender is available in source code form, and is able to be compiled for MacOS, Linux and Windows, with support for several different OpenCL libraries last I checked. In fact, I'm working on developing a plug-in using that code for DAZ Studio.

    My bad. I was just checking the available plugins and found nothing for Mac. Now I see there's a mac for Cinema and a couple of mac betas for Maya and Blender. Good luck with the project then, it's always a good thing to have more options .. Even if as I said I can't see how this would help with the mining issue at all ..

     

  • 7thOmen7thOmen Posts: 47
    kyoto kid said:

    ...

    I some ways, I feel as if I am watching It's a Mad Mad Mad Mad World playing out in real life.

    Take another step or two back and look agian. From my perspective, I feel as if I'm watching scenes from Idiocracy in real time.

    And no, we don't need more government tentacles in our daily lives.

    Pessimistically yours,

    Omen

  • dragotxdragotx Posts: 1,147

    That "house" is not much bigger than my cubicle at my office

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