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Does this mean GPU prices will go down? At least according to this article the validator nodes can be run on a Raspberry Pi [1] [1] https://ethereum.org/en/ene
by djhworld 4y ago
Does this mean GPU prices will go down? At least according to this article the validator nodes can be run on a Raspberry Pi [1]
[1] https://ethereum.org/en/energy-consumption/ https://ethereum.org/en/energy-consumption/
- ChadNauseam 4y agoGPUs are ridiculously cheap now, compared to how they used to be. You can buy a 3070 from newegg for $599 and they’ll throw in a free monitor to sweeten the deal for you
- aeyes 4y agoThe 3070 had a $499 MSRP when it launched, I wouldn't call this deal "ridiculously cheap".
- cma 4y agoThat's the same price in inflation adjusted dollars (tech usually drops price faster than inflation raises it, but not recently).
- parkingrift 4y agoMSRP is $499 and that's already inflated $120 over the previously established MSRP. I would consider a $3070 at $400 to be back to normal.
- le-mark 4y agoThat’s what I’m wondering. There are a few gpu mineable coins, will miners switch to those, and keep gpu prices high?
- muttled 4y agoMost of the rewards in GPU mining were from Ethereum. There won't be enough money to go around to make it worth the electricity once ETH is no longer mineable. Lots of mining businesses are going to go out of business or switch to Bitcoin/ASICs, and they're going to dump those used graphics cards on the market as they do.
- yoden 4y agoGPU prices are already down. "Sell the rumor, buy the news" and all that.
- postalrat 4y agoGPU prices have only started to go down.
- squeaky-clean 4y agoDown in the short-term. They're still up overall since the 3000 series release.