3090 Here I Come?

135

Comments

  • MelissaGTMelissaGT Posts: 2,611
    edited July 2021

    Silver Dolphin said:

    I got my Nvidia 3090 close to msrp before the craze went into effect. I suspect it was bitcoin mining in China that did it, but this is speculation. I think that the govt in China has cracked down on bitcoin in China so we can start seeing prices fall on Nvidia video cards. Consequently, my advice is to just be patient and don't pay over retail. I also know for a fact that you don't need a high end card to get great renders out of Blender. I have a older amd treadripper that just kills in Blender.

    I already bought the card.

    This is just a high-end hobby for me. I really don't have the time/energy to putting scenes together in Daz and then moving to another render engine. If it becomes work and no longer just my artistic expression, it's no longer fun and then I'll just say screw it and stick to gaming.  

    Post edited by MelissaGT on
  • MelissaGTMelissaGT Posts: 2,611
    edited July 2021

    takezo_3001 said:

    melissastjames said:

    My system gave me a scare last night (GPU failure on startup that really could have just been a brainfart but it still made my heart skip a few beats)...so I finally reached out to a local builder. I've been waiting...and waiting...and waiting...and hoping...and waiting...and...you guys get it. GPU prices have come down a bit. I found the specific model I want, a coveted EVGA RTX 3090 FTW3 Ultra Gaming, for $2,714USD. It's on Amazon, backed by Prime shipping, and shipped from Amazon, so I know if there's an issue I can return it. It's supposed to be new and the seller has a 97% positivity rating. Fingers crossed. The local builder said in the realm of things, that price isn't all that bad. I mean, it's sad considering the MSRP is $1,899US, but still...that same card was going for $4,000 just a few months ago. I'm going to start ordering the rest of the components once the GPU comes in and I have a chance to look at it. Here's what I'm aiming for - 

    AMD Ryzen 9 5800X
    Corsair H150i ELITE CAPELLIX Cooler
    Gigabyte X570 Aorus Pro (negotiable)
    Corsair Vengeance 3200MHz 64GB (32GB x 2)(not sure if I can do 16GB x 4 to save money given that the chip is dual-channel)
    EVGA RTX 3090 FTW3 Ultra Gaming GPU
    Corsair HX Platinum 1200 PSU
    Corsair 5000X case

    I'm hoping it will be like night and day difference going from a 1080TI with 32GB of RAM!

    If it's not sold directly from amazon, then you are dealing with a scalper, period! You're gonna get ripped off if you spend that much for a 3090, you'd do well to wait, and get the card from best buy as there you're guaranteed MSRP unless you have money to burn and you're just supporting scalpers!

    EDIT: If you're gonna blow that kind of money it would be better spent on a titan class GPU instead!

    Titan class GPU's are $4,000, so how is that in any way a comparison? I already said that I don't have time to sit and wait for a notification to maybe/possibly beat out a bot to getting one from Best Buy. Or sit and wait and listen to a YouTube broadcast on stock listings. I have a life, sorry. Prices are not going to come down any time soon and I couldn't really wait any longer because I know there's something off with my current system. I didn't want to wait til I have nothing.  

    I didn't want to support a scalper, but in the case of this particular GPU, it's being shipped by Amazon and is backed by Amazon's Prime return policy. It's also not double MSRP like they were a couple months ago. The local builder even said the price isn't that bad all things considered...and that he can't get his hands on one at MSRP either. So if someone who actually works in the business can't legitimately get their hands on one at MSRP, how could I ever expect to? And still have a life as mentioned above? 

    Please reserve your judgement. I shouldn't have to defend my choices. As I said already, I have few vices that I spend money on. One is my computer. Two is my increasingly custom 2006 Mustang GT convertible (yes, it's black...yes, it's a V8). I don't spend on shoes or jewelry or designer clothes or going to the movies or the casino or fine dining or even taking trips. I've never been on a cruise. I've never been outside the country. I've never been any place tropical (wouldn't want to anyways because I don't like warm climates.) Everybody has their things they spend money on. This is mine. 

    Post edited by MelissaGT on
  • takezo_3001takezo_3001 Posts: 2,026

    melissastjames said:

    takezo_3001 said:

    melissastjames said:

    My system gave me a scare last night (GPU failure on startup that really could have just been a brainfart but it still made my heart skip a few beats)...so I finally reached out to a local builder. I've been waiting...and waiting...and waiting...and hoping...and waiting...and...you guys get it. GPU prices have come down a bit. I found the specific model I want, a coveted EVGA RTX 3090 FTW3 Ultra Gaming, for $2,714USD. It's on Amazon, backed by Prime shipping, and shipped from Amazon, so I know if there's an issue I can return it. It's supposed to be new and the seller has a 97% positivity rating. Fingers crossed. The local builder said in the realm of things, that price isn't all that bad. I mean, it's sad considering the MSRP is $1,899US, but still...that same card was going for $4,000 just a few months ago. I'm going to start ordering the rest of the components once the GPU comes in and I have a chance to look at it. Here's what I'm aiming for - 

    AMD Ryzen 9 5800X
    Corsair H150i ELITE CAPELLIX Cooler
    Gigabyte X570 Aorus Pro (negotiable)
    Corsair Vengeance 3200MHz 64GB (32GB x 2)(not sure if I can do 16GB x 4 to save money given that the chip is dual-channel)
    EVGA RTX 3090 FTW3 Ultra Gaming GPU
    Corsair HX Platinum 1200 PSU
    Corsair 5000X case

    I'm hoping it will be like night and day difference going from a 1080TI with 32GB of RAM!

    If it's not sold directly from amazon, then you are dealing with a scalper, period! You're gonna get ripped off if you spend that much for a 3090, you'd do well to wait, and get the card from best buy as there you're guaranteed MSRP unless you have money to burn and you're just supporting scalpers!

    EDIT: If you're gonna blow that kind of money it would be better spent on a titan class GPU instead!

    Titan class GPU's are $4,000, so how is that in any way a comparison? I already said that I don't have time to sit and wait for a notification to maybe/possibly beat out a bot to getting one from Best Buy. Or sit and wait and listen to a YouTube broadcast on stock listings. I have a life, sorry. Prices are not going to come down any time soon and I couldn't really wait any longer because I know there's something off with my current system. I didn't want to wait til I have nothing.  

    I didn't want to support a scalper, but in the case of this particular GPU, it's being shipped by Amazon and is backed by Amazon's Prime return policy. It's also not double MSRP like they were a couple months ago. The local builder even said the price isn't that bad all things considered...and that he can't get his hands on one at MSRP either. So if someone who actually works in the business can't legitimately get their hands on one at MSRP, how could I ever expect to? And still have a life as mentioned above? 

    Please reserve your judgement. 

    My mistake with the titan card, I thought it was in the $2.5k realm but yeah, I don't judge you or local builders, I judge the situation due to scalpers/miners screwing up the market, 3rd party sellers on amazon, and in particular, newegg; as a large percentage of them are little more than scalpers...

    So I apologize if I came off as a bit harsh, as my ire was reserved for those taking advantage of people like you that want a GPU at a reasonable price.

  • MelissaGTMelissaGT Posts: 2,611

    takezo_3001 said:

    melissastjames said:

    takezo_3001 said:

    melissastjames said:

    My system gave me a scare last night (GPU failure on startup that really could have just been a brainfart but it still made my heart skip a few beats)...so I finally reached out to a local builder. I've been waiting...and waiting...and waiting...and hoping...and waiting...and...you guys get it. GPU prices have come down a bit. I found the specific model I want, a coveted EVGA RTX 3090 FTW3 Ultra Gaming, for $2,714USD. It's on Amazon, backed by Prime shipping, and shipped from Amazon, so I know if there's an issue I can return it. It's supposed to be new and the seller has a 97% positivity rating. Fingers crossed. The local builder said in the realm of things, that price isn't all that bad. I mean, it's sad considering the MSRP is $1,899US, but still...that same card was going for $4,000 just a few months ago. I'm going to start ordering the rest of the components once the GPU comes in and I have a chance to look at it. Here's what I'm aiming for - 

    AMD Ryzen 9 5800X
    Corsair H150i ELITE CAPELLIX Cooler
    Gigabyte X570 Aorus Pro (negotiable)
    Corsair Vengeance 3200MHz 64GB (32GB x 2)(not sure if I can do 16GB x 4 to save money given that the chip is dual-channel)
    EVGA RTX 3090 FTW3 Ultra Gaming GPU
    Corsair HX Platinum 1200 PSU
    Corsair 5000X case

    I'm hoping it will be like night and day difference going from a 1080TI with 32GB of RAM!

    If it's not sold directly from amazon, then you are dealing with a scalper, period! You're gonna get ripped off if you spend that much for a 3090, you'd do well to wait, and get the card from best buy as there you're guaranteed MSRP unless you have money to burn and you're just supporting scalpers!

    EDIT: If you're gonna blow that kind of money it would be better spent on a titan class GPU instead!

    Titan class GPU's are $4,000, so how is that in any way a comparison? I already said that I don't have time to sit and wait for a notification to maybe/possibly beat out a bot to getting one from Best Buy. Or sit and wait and listen to a YouTube broadcast on stock listings. I have a life, sorry. Prices are not going to come down any time soon and I couldn't really wait any longer because I know there's something off with my current system. I didn't want to wait til I have nothing.  

    I didn't want to support a scalper, but in the case of this particular GPU, it's being shipped by Amazon and is backed by Amazon's Prime return policy. It's also not double MSRP like they were a couple months ago. The local builder even said the price isn't that bad all things considered...and that he can't get his hands on one at MSRP either. So if someone who actually works in the business can't legitimately get their hands on one at MSRP, how could I ever expect to? And still have a life as mentioned above? 

    Please reserve your judgement. 

    My mistake with the titan card, I thought it was in the $2.5k realm but yeah, I don't judge you or local builders, I judge the situation due to scalpers/miners screwing up the market, 3rd party sellers on amazon, and in particular, newegg; as a large percentage of them are little more than scalpers...

    So I apologize if I came off as a bit harsh, as my ire was reserved for those taking advantage of people like you that want a GPU at a reasonable price.

    Yeah, I totally get the frustration. I signed up for EVGA's notification system...somewhere around September? I just couldn't wait anymore. It's like a neverending line and good luck figuring out exactly where you are in that line.  

  • takezo_3001takezo_3001 Posts: 2,026

    melissastjames said:

    Yeah, I totally get the frustration. I signed up for EVGA's notification system...somewhere around September? I just couldn't wait anymore. It's like a neverending line and good luck figuring out exactly where you are in that line.  

    I too signed up for the EVGA waiting list, and still haven't received any update, I admit that the best way to get a 3090 is a system build through local shops and/or pre-built systems, but yeah, I hope you can secure a GPU to finally complete your build!

    This stinking shortage is far past ridiculous, and I cannot wait for this crap to end!

  • kyoto kidkyoto kid Posts: 41,876
    edited July 2021

    ...yeah it's like 2016 all over again. Was saving up for a 1070 at the time only to see prices double if not triple.  Ended up stuck rendering on the CPU for over another three years until I was able to pick up a pre-owned Maxwell Titan-X during the lull in mining (which likely will become obsolete for Iray in another year or so)  Unless prices come back down to earth by then, it's back to glacial render times.  800$ - 900$ for a 3060 is way too much.

    Post edited by kyoto kid on
  • MelissaGTMelissaGT Posts: 2,611
    edited July 2021

    takezo_3001 said:

    melissastjames said:

    Yeah, I totally get the frustration. I signed up for EVGA's notification system...somewhere around September? I just couldn't wait anymore. It's like a neverending line and good luck figuring out exactly where you are in that line.  

    I too signed up for the EVGA waiting list, and still haven't received any update, I admit that the best way to get a 3090 is a system build through local shops and/or pre-built systems, but yeah, I hope you can secure a GPU to finally complete your build!

    This stinking shortage is far past ridiculous, and I cannot wait for this crap to end!

    I've spoken to the couple local shops I have at my disposal and both told me they would rather have me order all the components on my own, which is what I'm going to do once I confirm this GPU is legit after it's (supposed) arrival next week. Then they only charge me the labor to put everything together, do the updates, and stress test. I had considered going through a place like CyberPowerPC or OriginPC, but with those you cannot control what make of GPU you get...so I could end up with a Zotac or MSI or EVGA or Gigabyte or whathaveyou, and I might not end up with the cooling solution that I want (blower model vs ACX cooler that is on the EVGA models). In addition, according to the EVGA forums, all these folks going with pre-builds are having issues with the RMA process...EVGA is telling them to go through the build house, rather than dealing with them directly. I'd much rather deal with warranties directly from the manufacturer and not a third-party. 

    Post edited by MelissaGT on
  • kyoto kidkyoto kid Posts: 41,876
    edited July 2021

    ...fortunately I still can put a system together myself (though arthritis over the years is making it a bit more challenging)  I so agree with ordering he parts yourself and then taking them to a local builder is the best solution if you don't or can't build it yourself.  I've played with "configurators" at custom houses, but always been disappointed as well when I couldn't find a specific component or brand I wanted (for example very partial to ASUS motherboards).   

    Post edited by kyoto kid on
  • GatorGator Posts: 1,319

    Saxa -- SD said:

    scott762_948aec318a said:

    Saxa -- SD said:

    Hope you make it to the club of fast GPUs!  :) 

    Still use my older computer now when things are stupidly hawt.    Less power and heat.  Higer end AMD CPU and 3090 means way more power and sadly more heat. Mine is like 8 degC more or so on idle, old PC vs New.   That's a big deal.

    You have some errant processes running or overclocking?  My overclocked Ryzen 5950x is still only 39-40C idle. 

    Also keep in mind power draw over time.  Just to throw numbers around, say it's worth it to draw 350 watts with a 3090 over 250 watts if your render is cut from 2 hours to an hour (350x1 vs 250x2).

    ??

    Had posted further down on same page:
    "My old PC i5-6600k + Aorus 2080Ti runs at 28-29deg C on idle (still win7 that i luv).
    New rig idles at 36-38, and with Win10 doing it's thing checking it can often run at 41deg C.'

    So my idle temp is better than yours. Not so?

    No errant issues other than one occasional mandatory Win10 process.

    Yeah, mine's warmer but the CPU is overclocked.  The point was just that even overclocked I didn't think my temps were bad.  The case is also a full glass case, not a high airflow case.

    But all that doesn't really matter actually, you mentioned it in another post.  It's power draw, if your case or CPU temps are hotter with the same draw it just means your case is holding more of the heat.  (Sans the efficiency of the power supply, more efficient ones have less waste energy expenditure and heat generated).  

  • MelissaGTMelissaGT Posts: 2,611

    kyoto kid said:

    ...fortunately I still can put a system together myself (though arthritis over the years is making it a bit more challenging)  I so agree with ordering he parts yourself and then taking them to a local builder is the best solution if you don't or can't build it yourself.  I've played with "configurators" at custom houses, but always been disappointed as well when I couldn't find a specific component or brand I wanted (for example very partial to ASUS motherboards).   

    I think technically I could do it myself...I just don't want to. Cable management is something I want no part of, lol.

  • Subtropic PixelSubtropic Pixel Posts: 2,388

    I'll be buying a MacBook Pro maybe later this year so that I can write iOS code.  I'll probably go ahead and get Logic on it too, because...well, why not?

    I suppose I probably should be thinking about replacing those old GTX 980 warp nacelles in the Windows desktop machine.  I'm thinking of keeping the existing i7 processor, motherboard, memory, and power supply in that machine and then rebuild the whole thing in a couple of years.  At least this laptop is still in good shape with an i9 and an RTX 2080.

  • kyoto kidkyoto kid Posts: 41,876

    melissastjames said:

    kyoto kid said:

    ...fortunately I still can put a system together myself (though arthritis over the years is making it a bit more challenging)  I so agree with ordering he parts yourself and then taking them to a local builder is the best solution if you don't or can't build it yourself.  I've played with "configurators" at custom houses, but always been disappointed as well when I couldn't find a specific component or brand I wanted (for example very partial to ASUS motherboards).   

    I think technically I could do it myself...I just don't want to. Cable management is something I want no part of, lol.

    ...true, that is probably the least undesirable task of PC building.  Some cables (particularly those from the PSU) seem to have a mind of their own as well and it at times seems like I've been in a wrestling match to get them to behave.. The modular PSUs do make it a bit easier because you only need to install the cables for the components you have. 

  • LeatherGryphonLeatherGryphon Posts: 12,103

    I got "hooked" by Reddit threads for a while but now I look with suspicion at any of them and rarely even bother to wander over there.  I swear that there is one attention seeking person in Peoria (or Podunk or East-Of-Eden or some other mind numbing location) who does nothing except make up more and more shocking Reddit stories.  One can change one's avatar name but one's writing style is an easy give away.

  • GatorGator Posts: 1,319

    kyoto kid said:

    melissastjames said:

    kyoto kid said:

    ...fortunately I still can put a system together myself (though arthritis over the years is making it a bit more challenging)  I so agree with ordering he parts yourself and then taking them to a local builder is the best solution if you don't or can't build it yourself.  I've played with "configurators" at custom houses, but always been disappointed as well when I couldn't find a specific component or brand I wanted (for example very partial to ASUS motherboards).   

    I think technically I could do it myself...I just don't want to. Cable management is something I want no part of, lol.

    ...true, that is probably the least undesirable task of PC building.  Some cables (particularly those from the PSU) seem to have a mind of their own as well and it at times seems like I've been in a wrestling match to get them to behave.. The modular PSUs do make it a bit easier because you only need to install the cables for the components you have. 

    I'll never buy another non-modular power supply, and it seems any quality ones nowadays are. 

    They're often an overlooked component.  If you have a system with a heavy power draw it's worth taking a deeper look at the power supply.  A low rated supply now like Bronze has quite a bit of wasted electricity when pushing a lot of watts.  That wasted electricty is extra heat, and at heavy load for many hours a day really adds up in cost over years.

    I can't say I enjoy cable management, but it's really not so bad, cable ties are cheap and go one component at a time.

  • Nyghtfall3DNyghtfall3D Posts: 813

    It's unfortunate that your desparation drove you to a scalper, even with Amazon's backing.  I would've downgraded to avoid the markup and said to hell with 4K gaming for now.  I hope it proves worth it, for your sake.

  • MelissaGTMelissaGT Posts: 2,611
    edited July 2021

    Nyghtfall said:

    It's unfortunate that your desparation drove you to a scalper, even with Amazon's backing.  I would've downgraded to avoid the markup and said to hell with 4K gaming for now.  I hope it proves worth it, for your sake.

    So if I were to buy a cheaper card now, say for $800...and then buy the 3090 I want at MSRP later (if they ever become openly available, which they won't...I'll put money on it)...I'd still be spending just as much as I am now. And that's still failing to consider that there are no cards available now. None. Not for MSRP. Not the 2XXX series. Not the 3XXX series. Not the 1XXX series. So I might as well just forget artwork entirely and stick with console gaming. Oh wait...you can't get those for MSRP either. That leaves books. I'll read books.

    This is all thanks to crypto.

    Post edited by MelissaGT on
  • Nyghtfall3DNyghtfall3D Posts: 813

    melissastjames said:

    ... there are no cards available now. None. Not for MSRP. Not the 2XXX series. Not the 3XXX series. Not the 1XXX series.

    I just looked and you ain't kiddin'.  Yikes.

  • MelissaGTMelissaGT Posts: 2,611
    edited July 2021

    Nyghtfall said:

    melissastjames said:

    ... there are no cards available now. None. Not for MSRP. Not the 2XXX series. Not the 3XXX series. Not the 1XXX series.

    I just looked and you ain't kiddin'.  Yikes.

    Right? It's just insane. I really didn't want to support scalpers...like I'd legit love the opportunity to take a wee in their morning coffee, but sadly what choice do I have? I mean, my 1080TI is still working, so I could theoretically build a new machine around that and then keep hoping and waiting. That is, until the 1080TI decides it's done. But as long as crpyto (in its current form) is a thing and people have incentive to buy up all the stock to make these farms, what else can we do? There is so much about crypto that is downright evil (from the environmental impact to the socioeconomic impact)...and it's all to make a small fraction of the world's already wealthy people even wealthier. 

    Post edited by MelissaGT on
  • Nyghtfall3DNyghtfall3D Posts: 813
    edited July 2021

    If it helps here's a glimmer of hope.  Saw this a few days ago.  Content starts at 1:12.

    Post edited by Nyghtfall3D on
  • kyoto kidkyoto kid Posts: 41,876

    ...Titan XPs (which are two generations old and over 4 years old) are going for as much as 2,500$ (double their original MSRP) for a direct sale price.

  • outrider42outrider42 Posts: 3,679

    I've been seeing these reports of "Good news! GPU prices are coming down!" and have yet to see much evidence of this in person. Only certain areas of the world are seeing any drops.

    I wouldn't get my hopes up at all. They may drop a little, but this drop might be very brief. China shut down all it crypto mining operations, true, but these operations are not simply going to call it quits, it is extremely naïve to think that. There is too much money to be made. Instead, they are relocating to different countries. They are looking for places that are more favorable for mining. That means low electricity costs and a political landscape that is kind towards crypto. This transition will take a few months, but once these operations are back up I believe very strongly that prices will surge yet again.

    I truly do believe this simply will not end unless drastic changes happen in GPU mining. We can hope that Intel joining the GPU market may help, but I just don't see it altering things enough. It will be the exact same situation, the miners will buy up all the stock and grow their operations while scalpers horde the rest. Nvidia could produce 20 million GPUs, it wouldn't matter. Keep in mind that Nvidia has already shipped more GPUs than they did with Turing, and the pace is not far off Pascal. When people talk about a shortage, it isn't really a stock shortage, it is more about the insane demand. But crypto is the single biggest driver of that demand. So how much stock there is simply doesn't matter. If nothing changes I do see this harming PC gaming down the road. It is pretty hard to sell video games if nobody has the hardware to play them. The market prices have totally shut out the low and mid range markets, these kinds of gamers are what drives most sales. I have to say I am getting pretty tired of coming up short trying to buy a 3090. I have received numerous alerts but have been unable to score. It is getting out of hand. So while I cannot stand the thought of satisfying some scalper, I can understand why somebody might. Besides...the 3090 does mine well so you could make the difference back.

    That is another overlooked aspect of the prices. I see comments like this all the time, with people saying they paid a scalper price but used mining to make the difference they paid back. This is also part of the problem! Not only are they rewarding scalpers, but they are contributing to the crypto prices. I cannot blame the idea, many of the people in this category are just trying to make lemonade out of lemons. But it is what it is.

    They even found a mining operation that was using Playstations! So not even consoles are immune to this crypto cancer.

  • Saxa -- SDSaxa -- SD Posts: 880

    melissastjames said:

    Silver Dolphin said:

     I also know for a fact that you don't need a high end card to get great renders out of Blender. I have a older amd treadripper that just kills in Blender.

     I really don't have the time/energy to putting scenes together in Daz and then moving to another render engine. If it becomes work and no longer just my artistic expression, it's no longer fun

    This is one critcial aspect that will keep many of us artist-types with DAZ.  The bridges are awesome in that they are a stop-gap for indeterminate time, and for some the life-line they needed to use Daz content how they want.

    Blender has alot of fans here.  Good for them.  Seriously.  Happy for them.  And serious Kudos to Thomas & team  for their intense conversion efforts.

    Have used Blender alot including other 3D apps.  Personally, Blender is made for people who sync with their datablocks and whole UI.  Personally, think Blender is more orientated to mathematical guys.  Am no scrub when it comes to figuring things out.  But, have hurled so many angry rants at that Blender mechanics.  DS is way more user friendly for me, despite it's many short-comings, due to limted resources and how DS is funded. 

    Imperfect world I guess.

     

  • Saxa -- SDSaxa -- SD Posts: 880
    edited July 2021

    outrider42 said:

     They are looking for places that are more favorable for mining. That means low electricity costs and a political landscape that is kind towards crypto. This transition will take a few months, but once these operations are back up I believe very strongly that prices will surge yet again.

    Seems until regulators deal with this, or enough local gov'ts find a way with audited energy to penalize Cryptos, or this fad somehow dies, GPU card prices will stay high.

    Speculation really. 

    Think MJ's buy is reasonable esp. given her uses.  Not that she needs to explain to any of us.  Reality bites sometimes.  Just deal with it as one sees fit.

    Post edited by Saxa -- SD on
  • nonesuch00nonesuch00 Posts: 18,744

    I signed up for a boat load of notifications about RTX stock at EVGA, Best Buy, NewEgg, MicroCenter, Adorama, and so on, way back in Sep 2020 and all it's gotten me is SPAM emails from them about other products every day of the week.

  • MelissaGTMelissaGT Posts: 2,611
    edited July 2021

    outrider42 said:

    Besides...the 3090 does mine well so you could make the difference back.

    That is another overlooked aspect of the prices. I see comments like this all the time, with people saying they paid a scalper price but used mining to make the difference they paid back. This is also part of the problem! Not only are they rewarding scalpers, but they are contributing to the crypto prices. I cannot blame the idea, many of the people in this category are just trying to make lemonade out of lemons. But it is what it is.

    I could never in good conscience do this. I feel bad enough about the amount of energy I consume as a household because of my (and my husband's) hobby of pc gaming and rendering...but we both work from home and drive less than 3,000 miles per year (each). Even if I knew how to do so, mining to make the money back would be like me saying I'm okay with the environmental stress that crypto (as a whole) is dumping on the planet. I do enough damage simply existing...I certainly don't want to add to it. 

    *For those who aren't aware, the average American drives 12,000 to 14,000 miles per year. 

    Post edited by MelissaGT on
  • kyoto kidkyoto kid Posts: 41,876
    edited July 2021

    outrider42 said:

    I've been seeing these reports of "Good news! GPU prices are coming down!" and have yet to see much evidence of this in person. Only certain areas of the world are seeing any drops.

    I wouldn't get my hopes up at all. They may drop a little, but this drop might be very brief. China shut down all it crypto mining operations, true, but these operations are not simply going to call it quits, it is extremely naïve to think that. There is too much money to be made. Instead, they are relocating to different countries. They are looking for places that are more favorable for mining. That means low electricity costs and a political landscape that is kind towards crypto. This transition will take a few months, but once these operations are back up I believe very strongly that prices will surge yet again.

    I truly do believe this simply will not end unless drastic changes happen in GPU mining. We can hope that Intel joining the GPU market may help, but I just don't see it altering things enough. It will be the exact same situation, the miners will buy up all the stock and grow their operations while scalpers horde the rest. Nvidia could produce 20 million GPUs, it wouldn't matter. Keep in mind that Nvidia has already shipped more GPUs than they did with Turing, and the pace is not far off Pascal. When people talk about a shortage, it isn't really a stock shortage, it is more about the insane demand. But crypto is the single biggest driver of that demand. So how much stock there is simply doesn't matter. If nothing changes I do see this harming PC gaming down the road. It is pretty hard to sell video games if nobody has the hardware to play them. The market prices have totally shut out the low and mid range markets, these kinds of gamers are what drives most sales. I have to say I am getting pretty tired of coming up short trying to buy a 3090. I have received numerous alerts but have been unable to score. It is getting out of hand. So while I cannot stand the thought of satisfying some scalper, I can understand why somebody might. Besides...the 3090 does mine well so you could make the difference back.

    That is another overlooked aspect of the prices. I see comments like this all the time, with people saying they paid a scalper price but used mining to make the difference they paid back. This is also part of the problem! Not only are they rewarding scalpers, but they are contributing to the crypto prices. I cannot blame the idea, many of the people in this category are just trying to make lemonade out of lemons. But it is what it is.

    They even found a mining operation that was using Playstations! So not even consoles are immune to this crypto cancer.

    ...indeed, this Crypto Rush II needs to be shut down, permanently.  Crypto currencies were developed for those who don't want transactions traced. which primarily is the criminal element. as all cyber ransom demands are based in Biitcoin or some other form of "digital; currency".  We as 3D artists and gamers should not be paying to support this corruption. 

    /soapbox.

    Post edited by kyoto kid on
  • GatorGator Posts: 1,319

    kyoto kid said:

    outrider42 said:

    I've been seeing these reports of "Good news! GPU prices are coming down!" and have yet to see much evidence of this in person. Only certain areas of the world are seeing any drops.

    I wouldn't get my hopes up at all. They may drop a little, but this drop might be very brief. China shut down all it crypto mining operations, true, but these operations are not simply going to call it quits, it is extremely naïve to think that. There is too much money to be made. Instead, they are relocating to different countries. They are looking for places that are more favorable for mining. That means low electricity costs and a political landscape that is kind towards crypto. This transition will take a few months, but once these operations are back up I believe very strongly that prices will surge yet again.

    I truly do believe this simply will not end unless drastic changes happen in GPU mining. We can hope that Intel joining the GPU market may help, but I just don't see it altering things enough. It will be the exact same situation, the miners will buy up all the stock and grow their operations while scalpers horde the rest. Nvidia could produce 20 million GPUs, it wouldn't matter. Keep in mind that Nvidia has already shipped more GPUs than they did with Turing, and the pace is not far off Pascal. When people talk about a shortage, it isn't really a stock shortage, it is more about the insane demand. But crypto is the single biggest driver of that demand. So how much stock there is simply doesn't matter. If nothing changes I do see this harming PC gaming down the road. It is pretty hard to sell video games if nobody has the hardware to play them. The market prices have totally shut out the low and mid range markets, these kinds of gamers are what drives most sales. I have to say I am getting pretty tired of coming up short trying to buy a 3090. I have received numerous alerts but have been unable to score. It is getting out of hand. So while I cannot stand the thought of satisfying some scalper, I can understand why somebody might. Besides...the 3090 does mine well so you could make the difference back.

    That is another overlooked aspect of the prices. I see comments like this all the time, with people saying they paid a scalper price but used mining to make the difference they paid back. This is also part of the problem! Not only are they rewarding scalpers, but they are contributing to the crypto prices. I cannot blame the idea, many of the people in this category are just trying to make lemonade out of lemons. But it is what it is.

    They even found a mining operation that was using Playstations! So not even consoles are immune to this crypto cancer.

    ...indeed, this Crypto Rush II needs to be shut down, permanently.  Crypto currencies were developed for those who don't want transactions traced. which primarily is the criminal element. as all cyber ransom demands are based in Biitcoin or some other form of "digital; currency".  We as 3D artists and gamers should not be paying to support this corruption. 

    /soapbox.

    Actually, that's not the reason at all.

    https://medium.com/bitcoin-blockchain-explained/why-was-bitcoin-created-20ab3a65d952 

  • outrider42outrider42 Posts: 3,679

    scott762_948aec318a said:

    kyoto kid said:

    outrider42 said:

    I've been seeing these reports of "Good news! GPU prices are coming down!" and have yet to see much evidence of this in person. Only certain areas of the world are seeing any drops.

    I wouldn't get my hopes up at all. They may drop a little, but this drop might be very brief. China shut down all it crypto mining operations, true, but these operations are not simply going to call it quits, it is extremely naïve to think that. There is too much money to be made. Instead, they are relocating to different countries. They are looking for places that are more favorable for mining. That means low electricity costs and a political landscape that is kind towards crypto. This transition will take a few months, but once these operations are back up I believe very strongly that prices will surge yet again.

    I truly do believe this simply will not end unless drastic changes happen in GPU mining. We can hope that Intel joining the GPU market may help, but I just don't see it altering things enough. It will be the exact same situation, the miners will buy up all the stock and grow their operations while scalpers horde the rest. Nvidia could produce 20 million GPUs, it wouldn't matter. Keep in mind that Nvidia has already shipped more GPUs than they did with Turing, and the pace is not far off Pascal. When people talk about a shortage, it isn't really a stock shortage, it is more about the insane demand. But crypto is the single biggest driver of that demand. So how much stock there is simply doesn't matter. If nothing changes I do see this harming PC gaming down the road. It is pretty hard to sell video games if nobody has the hardware to play them. The market prices have totally shut out the low and mid range markets, these kinds of gamers are what drives most sales. I have to say I am getting pretty tired of coming up short trying to buy a 3090. I have received numerous alerts but have been unable to score. It is getting out of hand. So while I cannot stand the thought of satisfying some scalper, I can understand why somebody might. Besides...the 3090 does mine well so you could make the difference back.

    That is another overlooked aspect of the prices. I see comments like this all the time, with people saying they paid a scalper price but used mining to make the difference they paid back. This is also part of the problem! Not only are they rewarding scalpers, but they are contributing to the crypto prices. I cannot blame the idea, many of the people in this category are just trying to make lemonade out of lemons. But it is what it is.

    They even found a mining operation that was using Playstations! So not even consoles are immune to this crypto cancer.

    ...indeed, this Crypto Rush II needs to be shut down, permanently.  Crypto currencies were developed for those who don't want transactions traced. which primarily is the criminal element. as all cyber ransom demands are based in Biitcoin or some other form of "digital; currency".  We as 3D artists and gamers should not be paying to support this corruption. 

    /soapbox.

    Actually, that's not the reason at all.

    https://medium.com/bitcoin-blockchain-explained/why-was-bitcoin-created-20ab3a65d952 

    Many things start from lofty ideals. But they often get twisted with time to become something completely different. People can paint all the sunshine and rainbows around crypto all they want, but the fact remains it is extremely resource heavy and THE #1 currency of criminals. When they hack hospitals and literally hold lives hostage, the hackers only request bitcoin as payment. And now that big businesses are getting involved with massive mining operations, any thoughts of crypto equalizing the playing field is just naive. The people who already have money stand the most to gain from crypto, because they can afford to build larger mining rigs than anybody else. Crypto is just a numbers game.

    An influx of currency often leads to inflation. In the old days, this was fairly simple, as governments minting more coin could lead to more money on the streets which led to inflation. But today minting new coin can be done digitally by anybody with a computer. With dozens of new crypto currencies popping up all the time this means there are lot of new digital tokens in the wild which would not exist otherwise. This in turn leads to excessive inflation, and we are directly experiencing rapid inflation right now. There are of course many factors behnd inflation, but make no mistake crypto is contributing to the current conditions. People who make money mining have this "free" money to spend, which allows them to outbid others for products, thus driving up prices for everybody. When you mine crypto, that is what is what it feels like, you are making money for nothing. All you need is a decent GPU and electricity. You don't need to do anything once the rig is running. You can go do whatever you want to while your mining operation makes money or you. With this comes a different attitude towards the value of money. I am sure many of you have heard the expression "Money doesn't grow on trees." Well mining crypto you can get pretty close to that!

  • PerttiAPerttiA Posts: 10,024

    outrider42 said:

    I am sure many of you have heard the expression "Money doesn't grow on trees." Well mining crypto you can get pretty close to that!

    But when we all make enough money mining crypto, nobody has to work anymore... 

  • MelissaGTMelissaGT Posts: 2,611
    edited July 2021

    PerttiA said:

    outrider42 said:

    I am sure many of you have heard the expression "Money doesn't grow on trees." Well mining crypto you can get pretty close to that!

    But when we all make enough money mining crypto, nobody has to work anymore... 

    Oh but we will. Because inflation will be so bad that $1 will be completely worthless...not to mention the fact that the earth will just NOPE our collective asses right off it with some sort of mass extinction or ice age or some other such weather event that always seemed like pure Hollywood fiction but really is kinda scary truth. Or both.  

    Post edited by MelissaGT on
Sign In or Register to comment.