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Ok, so GPUs have been going down because ethereum and bitcoin is going down, but why is the gtx 1050

Author :

Submitted : 2018-06-15 13:49:17    Popularity:     

Tags: bitcoin  ethereum  GPUs  rx  ti  

The prices have been going down on other cards, but these two still seem to be rising as the others fall and bitcoin and ethereum are going down.

Answers:

I'm not quite sure what you're talking about or where you are looking. I can now preorder a GTX 1050ti for $200 and it costs about $210-220 to buy one that's in stock. A few weeks ago you couldn't even find a GTX 1050ti for less than $250.

http://www.nowinstock.net/computers/vide...

Right now the cheapest RX 580 I can find in stock is $383.99. Most RX 580's are well above $400. Let's consider that before this mining thing happened, a 4gb RX 580 could easily be found for about $200-210, 8gb version started at $230, and the RX 570 was below $200. I bought a 4gb RX 480 for $199.99 right before Christmas 2016. These cards are double the price they should be.

Not many gamers are going to pay $400 for a graphics card that delivers $200 worth of performance. More than likely they are going to buy a cheaper card then upgrade it once prices stabilize and when the next generation cards come out.

The key theme most Cryptocurreny miners and experts ignore is most companies are going to develop their own Blockchain technology. They aren't going to use an existing coin or technology because they will want something they can control, secure, and regulate. Bad news about Bitcoins, ICO's and anything related to these currencies has pushed the value down because there is nothing backing it other than the computers that are running the blockchain and public opinion. The only people who really use bitcoins are tweakers. If the public decides those computers aren't serving a purpose then it's worthless. Right now based on the difficulty level and value, it would take over a year for a miner to pay off what they bought. There is no profit or easy money for these miners anymore unless they have already made their money back.

***edit***

Thing have become significantly worse for Crypto miners since you asked this question. In European countries with high power rates, it's no longer profitable to mine. Right now it make a lot more sense for someone to buy these Cryptocurrencies outright as opposed to mining them. People are selling cards in droves but the prices of these used cards remains high.

The price of graphics cards would have increased irregardless because the costs of GDDR memory increased. People are buying these lower end cards because there isn't an alternative.

DIY and Hobby miners are the ones who aren't adding to their Mining rigs but the Pro miners with thousands of cards are. The problem is these mining companies buy their GPU's directly from distributors at wholesale costs. If newegg or amazon wants cards they will have to outbid the Mining companies who literally buy enough cards to load a 747 jumbo jet. I figure Ethereum would have to hit $150 before these Mining Companies give up.

they only make them in small quantities and people keep buying them! Plus they are popular because they are low wattage and everyone is trying to save money by not purchasing a higher wattage card which requires a bigger expensive PSU to power them.

The update has massive gains for Nvidia cards – not so much for the AMD RX 570 I have (not worth mentioning!). The 1060 Ti's equally increased hashrate from ~22MH/s to ~24MH/s in the same system. However as you can tell, power consumption also goes up – perhaps the new version is either pushing ...

My guess is that it is because the most desirable cards for coin mining were RX 570 and higher and GTX 1070 and higher, with the highest hash rates. Cards below that, such as RX 560 and GTX 1060 and lower, were the only ones being slightly left behind for gaming. Gamers have figured that out, and are now buying these lower-end cards. So now that coin mining is going down, there's less demand for the high-end cards, so they are going down in price; but gaming demand is still pretty high, so it's now gaming that's driving the prices of mid-range and low-end cards up.

Anyone's guess is likely to be relevant as to why. My guess is the reason the 1050 and 560 are going up is because of what people are actually buying. If sales are good a seller is going to take advantage of that by raising prices of what's selling and lowering prices of what's not selling to balance production vs sales.

shortage from the chip makers is my guess

I imagine that they hold an edge on gaming performance.

I've never been quite sure why anyone would think that a GPU was better than a CPU for general computing. They are mainly configured for graphics.

My other thought, is that perhaps those cards are better at mining. If someone has invested a lot in bitcoin mining, they may feel inclined to go for cards that give the best results.

Or they have better targeted adverts.



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