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I tried to buy a RX580 a while ago to play some games I have been meaning to play and they were sold out everywhere. Part of me wonders if the long term effect
by shiado 9y ago
I tried to buy a RX580 a while ago to play some games I have been meaning to play and they were sold out everywhere.
Part of me wonders if the long term effects of the mining craze will be negative for the makers of graphics cards and in return PC component makers as a whole. Many people might be turned off of pc gaming by the prohibitive prices of buying cards at 2.5x MSRP and turn to consoles instead. Or in my case I intend to wait and pick up cheap hardware when crypto tanks hard (i.e. Tether fraud collapses), or GPU mining becomes unprofitable, or altcoins switch to proof of stake.
- softawre 9y agoYes, this is a major concern for PC gaming. I have a couple 1070s I bought for 400$/each, now I could get double that used. In-freaking-sane.
- solotronics 9y agojust curious but why not sell them now and buy newer ones later for non-inflated prices? how is it possible that AMD seems to be at the limit of production for their GPUs but barely beat estimated earnings this quarter?
- selectodude 9y ago>just curious but why not sell them now and buy newer ones later for non-inflated prices? At least in my case, it’s because I want to play games in the meantime between now and when mining finally dies.
- maksimum 9y agoIf you're trying to be economically rational you're better off simply using the GPUs to mine while you're not using them. ROI time is around 6-9 months for most GPUs these days.
- outworlder 9y agoDoes that include electricity costs? For which cryptocurrency?
- solotronics 9y agoyes the electricity cost is almost insignificant. currently most profitable on GPU is XMR before it was ETH, profitability changes as the prices fluxuate