PC GPU prices dropping

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kingdragonfly

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Topic # 240165 23-Aug-2018 20:29

Bitcoin mining artificially drove up the price of high-end PC GPU's

Now that it's in the doldrums, GPU prices have dropped. Check out the price graph from Amazon

https://camelcamelcamel.com/ASUS-GeForce-STRIX-Graphics-STRIX-GTX1080-A8G-GAMING/product/B01K5F8MJK?context=search

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Master Geek
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Reply # 2078154 23-Aug-2018 20:35

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Will be interesting to see how much of that drop is reflected locally.

hio77

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Reply # 2078156 23-Aug-2018 20:37

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cddt:

Will be interesting to see how much of that drop is reflected locally.

Based on current prices still, i expect very little. old expensive stock imported at higher price..

with the RTX series coming out, and the price hike on MSRP there we probably won't see much change overall in the market here...

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Any comments made are personal opinion and do not reflect directly on the position my current or past employers may have.

GoranZ

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Reply # 2078172 23-Aug-2018 21:07

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I was asking this of a friend who works for the distributor for Gigabyte, Asus, Inno3D and Galax and he said they have a lot of stock of the 10xx series and the dollar has dropped over 10% since April which means we wont see a big drop locally for a while unless the dollar improves or manufacturers want GTX 10xx stock cleared.

Lots of ex-mining cards on trademe .. RX470 and 570 going for under $200 (almost GTX1060 performance) looks to be the best bang/buck option this side of Christmas

Tzoi

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Reply # 2078238 24-Aug-2018 07:57

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The prices in NZ seem to be close to pre-cryptocurrency levels: I've seen 1070s for $650, 1070tis for $750 and 1080s for $850 new which is alright pricing

kingdragonfly

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Reply # 2078263 24-Aug-2018 08:53

You're right. It looks like the price has dropped off substantially. For example the "Gigabyte GeForce GTX 1080"

https://pricespy.co.nz/product.php?q=gtx%201080&p=3782982

From ComputerWorld
https://www.computerworld.com/article/3288925/computer-hardware/as-bitcoin-values-slide-high-end-gpu-prices-drop-too.html

"As bitcoin values slide, high-end GPU prices drop, too"

By Lucas Mearian

"The price of specialized graphics processors – lapped up in recent years by cryptocurrency miners to power their rigs – are falling in tandem with a sharp drop in digital token values."

"The processing power of high-end gaming cards made them ideal for cryptocurrency mining rigs and they were in hot demand when Bitcoin, Ethereum and other digital token prices leaped to unprecedented heights in late 2017 and early 2018.

That trend now appears to be reversing; add-in board (AIB) prices appear to be declining and supplies increasing – following the same path down as digital token prices crash."

grimwulf

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Reply # 2078268 24-Aug-2018 09:01

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Yeah, wouldn't expect to see the 10xx cards drop much locally, even when the RTX cards come out - those RTX cards are bloody expensive.

Also, I found it really interesting that NVidia's focus was on the graphical functionality (Raytracing etc) of the new cards, rather than overall FPS power.

My initial thought was, hmm, perhaps they're not too much of an upgrade for anthing not using Raytracing, but that was quickly followed by, perhaps they're marketing them this way to dissuade crypto-miners from buying up all the stocks.

kingdragonfly

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Reply # 2078289 24-Aug-2018 09:24

I think this is the attitude of any manufacturer

Batman

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Reply # 2078297 24-Aug-2018 09:41

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NZD has taken a pounding recently ... so until that corrects ...

Swype on iOS is detrimental to accurate typing. Apologies in advance.

wellygary

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Reply # 2078418 24-Aug-2018 11:59

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Batman: NZD has taken a pounding recently ... so until that corrects ...

Its not so much due to the NZD, but more a rampantly strong USD....... driven by rising US interest rates and a strong economy over there..

SpartanVXL

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Reply # 2078492 24-Aug-2018 13:14

Seen quite a few ex-mining 1080ti's go for around $900 on trademe.

There was a influx about a week before the announcement of the RTX lineup, lot of gamblers dumping their pascals. Now its turning around given the cost of RTX.

Realistically, unless the RTX benchmarks do blow away the perf of pascal, I would grab a 1080ti for a reasonable price and use it till RTX cards drop, or the new lineup on 7nm come out.

In the US 1080ti's are going for around or below $500 ($750nzd).

eracode

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Reply # 2078514 24-Aug-2018 13:41

.... also, the 2080ti has been announced/released in the past few days.

Tzoi

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Reply # 2078822 24-Aug-2018 21:28

SpartanVXL: Seen quite a few ex-mining 1080ti's go for around $900 on trademe. There was a influx about a week before the announcement of the RTX lineup, lot of gamblers dumping their pascals. Now its turning around given the cost of RTX. Realistically, unless the RTX benchmarks do blow away the perf of pascal, I would grab a 1080ti for a reasonable price and use it till RTX cards drop, or the new lineup on 7nm come out. In the US 1080ti's are going for around or below $500 ($750nzd).

That's without their sales tax though

This weekend there's a 1070ti for $720 and a 1070 for $585 at Computer Lounge

Can't justify buying an almost 2.5 year old graphics card though

kingdragonfly

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Reply # 2079228 26-Aug-2018 08:00

"Engadget
Published on 25 Aug 2018

"Nvidia's new graphics cards are finally here! After months of rumors starting way back in March, the GTX 2080, 2080 ti and 2070 have finally been announced, and depending on who you ask, they're either 50% better, twice as good or 10 times faster, so what's the deal? We explain".

Dairyxox

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Reply # 2079353 26-Aug-2018 11:54

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Its an interesting topic i'm following closely.

I'd like to upgrade (to I'm not sure what yet) so am looking for interest in the GTX 1080 I currently have (its currently the offers/wanted forum for just under 700).

Do you think its too much considering 2nd hand 1080ti's are going for 900? Usually they've been mining.

Yes the cards are over 2year old tech now, but what do you buy if you need that level of performance today?

A few thoughts I've had on the new cards coming:

-7nm is not far away (and will have shipping cards in 2018)

-2080"ti" is being released immediately with new generation...

-I'd be willing to bet that Nvidia will release 30xx series 7nm cards in twelve months or even as soon as 9 months. 20xx series might be short lived?

-These cards introduce ray tracing - but will they have enough resources to do the technology justice?

-7nm will allow many more transistors and will probably include much more of the ray tracing resources to do them properly.

-I'm not sure ray tracing will help VR much at this stage (in the future probably), maybe the added anti-aliasing could help? not sure.

-In pure flops the new cards are not much more powerful (1070 is 6.5 Tflops, 2070 is 7.8 Tflops, 1080 is 8.8 Tflops [9.3 with factory OC], 2080 is 10.6 Tflops) - different architectures are not directly comparable - so how different is Turing? Looking at volta benchmarks the new architecture is more efficient at using those flops, so will be faster than these numbers indicate.

-The new DDR6 cards have much more memory bandwidth, good for high resolutions, anti-aliasing, and VR

-Personally the software I use is still 95% directx 11 (VR)

Batman

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Reply # 2079373 26-Aug-2018 13:26

Ti is much better 30-40% than the non Ti so it depends what the $200 is worth to you

Swype on iOS is detrimental to accurate typing. Apologies in advance.

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