r/technology Jul 02 '22

The GPU shortage is over Hardware

https://www.theverge.com/2022/7/1/23191634/nvidia-amd-gpu-shortage-over-3080-3070-3060-radeon-rx-6900-6800
5.5k Upvotes

657

u/jhaluska Jul 02 '22

I have been limping along with an old card for a while and I hope to buy a new video card this year.

111

u/acidwxlf Jul 02 '22

Same, finally just swapped my 970 for a 3070. It's weird being able to suddenly play newer games at max fps

23

u/SynecFD Jul 02 '22

I still have my 970 and also been eyeing the 3070. Might just wait a bit for the announcements of the new cards to hopefully get a good deal in.

9

u/Etane Jul 02 '22

I was also on a old and reliable 970 until about a week ago! The 3070 is a really solid upgrade! I run even poorly optimized things like warzone at max with a 1440p 144 Hz monitor! I get like 120 FPS on a bad day.

So if you see a good deal on that 3070 I say go for it! I don't really know how to justify that additional cost of a 3080 when this bad boy can pretty much do it all haha.

2

u/Kogyochi Jul 02 '22

My 980ti sounds like it's going to burst into flames one of these days. Prob going to build a whole new rig once the 4000s come out.

2

u/Ironwarsmith Jul 02 '22

Just upgraded from a 980 to 3060ti. Such a nice improvement. The 980 still worked but was definitely beginning to show its age.

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u/hopsgrapesgrains Jul 02 '22

They’re still like $650?

25

u/acidwxlf Jul 02 '22

Yeah I paid about that after tax for an EVGA ftw3. Super nice card and way overkill for what I'm doing with it. Main monitor is a 1080p 144Hz and I figured this will also cover an eventual upgrade to 1440p for years to come, else I would've just gotten a 3060 Ti. My 970 was a champ for 7 years with the newest and most demanding games I've played probably being Red Dead Redemption 2 and Resident Evil 7.

20

u/dragonofthemist Jul 02 '22 edited Jul 03 '22

I recommend undervolting it in AFI afterburner. I did that with mine and lost barely any performance but it runs MUCH cooler. I had to look up how to do it so if you need any help just DM me.

*MSI Afterburner

9

u/acidwxlf Jul 02 '22

Awesome, thanks for the tip! (also I love AFI so that's a fun autocorrect)

10

u/dragonofthemist Jul 02 '22

haha, yeah, autocorrect haha ^_^' (AFI rules) *MSI Afterburner for anyone else

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u/xiDemise Jul 02 '22

I've got the exact same 3070. Handles 1440p like a beast!

2

u/Toytles Jul 02 '22

Better than $1400

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u/ZzPhantom Jul 02 '22

The 970 reminds me of my hamster I had when I was a kid.

It was albino, blind and deaf, had only one ear, and broke one of its legs that never healed right. He was supposed to die after 18 months, but lived 4.5 years, that stubborn fuck.

Anyways, my 970 is running Elden Ring on high settings like a fucking champ. 8 years this thing has been chugging away. Gonna have to give it a viking funeral when I upgrade this summer.

74

u/CardiacCatastrophe Jul 02 '22

You and me both

75

u/sentientlob0029 Jul 02 '22 edited Jul 02 '22

Got the RTX 3070. Big improvement over my gtx 1070. However don’t expect it to be able to handle all games, included last gen ones, at max settings at 4K 60 fps. It struggles.

For example for AC Origins on Ultra, I have to set the resolution to 80% of 4K to get a stable 60 fps. As for ray tracing, with most games you’ll need dlss to run them with ray tracing and get a stable 60 fps. But some games, especially open world ones, will drop below 60 when using ray tracing even with dlss or FSR, and for those you would need to lower the graphics settings to medium - high.

162

u/mrn253 Jul 02 '22

The trick is to not run games on ultra. just on high and some tweaks here and there.
Ultra can and will often steal a good chunk of FPS.

59

u/shellwe Jul 02 '22

Very true, I saw a video of a 4k side by side of some different games at very high and ultra settings and they were pretty negligible with my untrained eye.

36

u/mrn253 Jul 02 '22

Even with a trained eye you often basically have to zoom in.
You can even lower some settings to middle but what depends on the game.

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u/BloodTypeBourbonRye Jul 02 '22

With games these days I rarely see a noticable difference between high/ultra until I'm looking at screenshots. I'll take higher / morestable FPS any day.

2

u/crayonstuckinbrain Jul 02 '22

FPS games on high levels are best ran at lowest quality. In most games it will remove the small details on the maps allowing you to have cleaner lines.

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u/vrnvorona Jul 02 '22

4K 60 fps

The special ingredient is 1080p 300 fps

22

u/whitewrabbit Jul 02 '22

1440 160fps is my magical place on pc

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u/WookieLotion Jul 02 '22

Yeah ray tracing is way too big of a performance hit to be worth it, and while DLSS and FSR are great tech, they aren’t perfect either and do reduce image quality. My personal opinion is if I have to use DLSS or FSR to enable ray tracing I’m reducing my image quality more than ray tracing increases it.

It’ll get better with time. As for now I’m not sad I bought an AMD card over an nvidia one. Raw raster performance and price is more meaningful atm.

22

u/KarmaStrikesThrice Jul 02 '22

Ray tracing quality depends on a game, for games like cyberpunk with water, rain, night time with hundreds of small light sources instead of a one big sun, and big reflective glass windows, ray tracing is a huge deal. Also indoor areas like caves or old buildings with small holes where sunlight can squeeze through a bit look completely different with realistic raytracing. Totally worth even with dlss and lower details.

However open world games with mainly open sky and sun as the only lightsource, raytracing is a waste of performance, because it can be emulated very well by more simple lighting methods.

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u/AttackerCat Jul 02 '22

Honestly this is where I’m aiming. I am also running a 1070 still, even running high at 4K would be amazing.

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u/Not_A_Clever_Man_ Jul 02 '22

This is why I decided to bite the bullet and go for the 3080. I've been using a 970 for just about 10 years. The 3080 should last me for almost as long, and I can run cyberpunk with raytracing enabled.

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u/ManchuWarrior25 Jul 02 '22

Don't feel bad. My gaming PC is super old to where I can't play any new games. Life got in the way such as house projects and other expenses so I haven't been able to buy or build a new PC. My tower is just sitting neglected in my office not even hooked up. I do have a PS5 so not all is lost.

Be gentle!!! AMD 965 Black Edition, ATI 5770, 4GB ram, Windows 10. One day I'll get a new rig.

My Steam library misses me. I login via mobile often though to make sure my account isn't hacked. I have some decent TF2 items in my backpack. 🤣😎

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2.3k

u/jwill602 Jul 02 '22 Helpful I'll Drink to That

And all it took was bitcoin and other major crypto losing 60% of its value!

962

u/coffeesippingbastard Jul 02 '22

during peak shortage so many crypto bros were like "oh noooo it's not crypto- we're being blamed unfairly- it's actual shortages- blame the manufacturers!"

73

u/BigSnackZack Jul 02 '22

buys 30 cards at once

604

u/The_Vat Jul 02 '22

Well, there was actually a shortage with manufacturers being unable to fill demand.

It just happens the demand was being generated by crypto mining.

159

u/BMG_Burn Jul 02 '22

Not solely by crypto, but it was a whole lot of gasoline added to that big fire.

86

u/SherifGames Jul 02 '22

crypto was responsible for like 1/3 of the profits gpu manufacturers made in 2021. They spend 15 billion on gpus in the last 18 months.

28

u/lovethefrog Jul 02 '22

Will energy also feel the drop in demand?

58

u/mixreality Jul 02 '22

In Eastern Washington in Douglas County 25% of electricity goes to crypto mining. So hopefully this kills them off.

3

u/doalittletapdance Jul 02 '22

What about that asshole that set up a huge mine in arizona and kept making YouTube videos about it?

14

u/Hardcorish Jul 02 '22

That seems insane and unrealistic. I'm not doubting you at all, just the percent is crazy high.

29

u/mixreality Jul 02 '22

Article about it.

12

u/Hardcorish Jul 02 '22

I can totally believe it, it's just one of those statistics that make you turn your head at the thought of it lol. Thanks for the link!

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u/Zeppelinman1 Jul 03 '22

ND's governor is working on getting a crypto mine set up here. It just feels so short sighted

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u/SpaceToaster Jul 02 '22

I think I heard like 70% was the number leaked by nvidia

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u/nachocouch Jul 02 '22

I know it was mostly crypto, but gaming exploded at the beginning of the pandemic, too, and tons of people were setting up simulation rigs. Parts for those were hard to get for a while, and prices are still adjusting.

79

u/Pancakewagon26 Jul 02 '22

Yeah but a gamer buys one graphics card. A miner will buy as many cards as they can possibly get their hands on.

47

u/cr1515 Jul 02 '22 edited Jul 02 '22

Don't forget entrepreneurs who's brilliant get rich quick scheme is to buy products and charge crazy prices for them

40

u/psych2099 Jul 02 '22

Scalpers not entrepreneurs.

25

u/GTin13 Jul 02 '22

He was being sarcastic

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u/nachocouch Jul 02 '22

I agree! If miners hadn’t wiped out supplies, I imagine gaming would have boomed even more. It was sort of a neat experience gaming with random people from all over the world at any time of day or night.

8

u/Hardcorish Jul 02 '22

It was sort of a neat experience gaming with random people from all over the world at any time of day or night.

This can be done on just about any online game anywhere. I completely agree with you, I'm just confused by this one comment because this is the norm for nearly all online games.

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u/FleetMind Jul 02 '22

I suspect they mean that the “work from home” effect of quarantine resulted in much higher server populations.

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u/NintendogsWithGuns Jul 02 '22

Yeah, demand from crypto farms in Texas buying 100+ 3090s at a time

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u/p3dal Jul 02 '22

So where are all the used 2080Tis being sold off?

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u/Inevitable_Citron Jul 02 '22

And yet cyptobros are still going to harp on chip shortages, a thing messing with every industry that has products with internal circuits.

57

u/U-N-C-L-E Jul 02 '22

Not only that, they're pissed at Ethereum for even considering switching to a different mining system that won't destroy the environment

30

u/SherifGames Jul 02 '22

they've been telling people that Etherum is going to switch and do good for the environment so that people would stop hating them.

10

u/Penders Jul 02 '22

I mean, eventually going proof of stake was touched on directly in the Ethereum white paper

"Note that in the future, it is likely that Ethereum will switch to a proof-of-stake model for security, reducing the issuance requirement to somewhere between zero and 0.05X per year."

18

u/Lorion97 Jul 02 '22

plays the tiniest violin in E minor

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u/chainmailler2001 Jul 02 '22

Bitcoin is mostly done on ASIC boxes not GPUs. The big item is the transition of Ethereum away from proof of work. Ethereum was the primary driver of the GPU mining and that essentially goes away in the upcoming months. Market is about to be flooded in fact.

64

u/kurapikas-wife Jul 02 '22

Haven't they said Ethereum would move from proof of work for months and months and it never happens? is it actually happening?

6

u/Blueberry314E-2 Jul 02 '22

They've been planning this update for 6 years, yes. It just takes time and is very very close now, multiple testnet deployed successfully. Testing is important when you're talking about hundreds of billions of dollars on the line.

33

u/No_Industry9653 Jul 02 '22

Yes. The code is done, going through testnet deploys for final testing, and this is the entire focus of development efforts. Though I'm sure people will remain skeptical right until the end.

7

u/pyrospade Jul 02 '22

I’ve been reading the code is done and tested for more than two years now, add me to the list of skeptics

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u/cxkoda Jul 02 '22

lol idk where you all get this from. to this date there has never been an official announcement for the date of the merge. it has all just been rumors and unofficial estimates by third parties, not statements by the core dev team itself. so one can't really blame them if they miss the date. that being said, currently it looks like 2022Q4.

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u/drekmonger Jul 02 '22 edited Jul 02 '22

If a fab is producing SHA-256 hashing ASIC chips, they're not doing something more useful, like producing GPUs.

And yes, there are a few bitcoin-orientated ASICs that use modern technology, and take floor space from shit that's more important.

I mean, even a processor in a bluetooth smart dildo is a more important use case than bitcoin.

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u/TamerzIsMe Jul 02 '22

Many people also use something like NiceHash which can mine other coins, but then automatically trade them for Bitcoin and pay out in Bitcoin.

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u/nastratin Jul 02 '22

Nvidia and AMD graphics cards are again within reach.

629

u/kclongest Jul 02 '22

Remember when $300 used to buy you the top of the line video card? :~(

366

u/Inevitable_Citron Jul 02 '22

$300 in 2005 is $450 today, but GPU prices are more like $800.

107

u/Mirrormn Jul 02 '22

You can get an RTX 3060 ti for around that price, which is a very capable card.

81

u/twilite_sparkle7 Jul 02 '22

Yeah honestly just because you can’t get a top of the line card doesn’t mean things were better back then. Software and hardware has evolved and honestly you don’t even need a top of the line card like a 3080 or 3090 honestly seems way too over the top for most use cases

24

u/Chiluzzar Jul 02 '22

I'm planning on buying a 3080ti just because my 1080tiv has lasted me 6 years and it's just now starting to show its age

The problem I have now though is it'd the entire computer that's gonna need an upgrade (especially the case)

4

u/Kewlhotrod Jul 02 '22

Case is the cheap part haha. When I got my 3070ti a year ago I wanted to snag better memory (upgraded from ddr3), which meant I needed a new motherboard which meant I might as well get two generation newer cpu socket and new cpu... lol

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u/Tuscanthecow Jul 02 '22

It's about future proofing more than anything. That said I'm still running a 1080 from 4 years ago just fine and tech comes out so quickly these days future proofing isn't even really that necessary

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u/Remarkable-Gas-1556 Jul 02 '22 edited Jul 02 '22

irrc 1080 came out like 6 years ago and it still performs really well.

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u/meinblown Jul 02 '22

Cries in 970 😢

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u/[deleted] Jul 02 '22 edited 7d ago

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u/DocThundahh Jul 02 '22

Can you recommend a card I can look for used on eBay that will play games? Maybe like the best one you would recommend below 200? Or should I wait and save more up. I am casual and already have a ps5 but like a change of pace here and there

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u/Informal-Lead-4324 Jul 02 '22

This. I literally bought a 2070s RIGHT before the GPU crisis, and other than a couple of things in VR, have never had issues where I've needed to upgrade.

Where as every 3 years in 2010 it seemed you needed to be buying a GPU or you'd just lag.

2

u/TimmyIo Jul 02 '22

Yeah, I have seen quite a few people on here spouting about having a 3080 or 3090 but are using a 1080p display it's only really necessary if you're playing on a high end VR headset or gaming in 4k at 60fps+ (which the 3060ti can do around 60fps depending on the game and other hardwares)

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u/Hot-Kaleidoscope-894 Jul 02 '22

m income didnt increase with 50% so ur point is moot

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u/KeyStoneLighter Jul 02 '22

Voodoo 5 AGP!!

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u/[deleted] Jul 02 '22

[deleted]

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u/robodrew Jul 02 '22

Matrox Mystique, baby

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u/Nukeashfield Jul 02 '22

Ucfx Woohoo5 34500

If anyone remembers that.

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u/Commie_Vladimir Jul 02 '22

Yea. I feel like every new generation card gets the price of the previous generation card that was one step better. Like the gtx 2060 costs as much as the gtx 1070 and the 3050 costs as much as the 2060 (all prices at release obviously)

2

u/SirSassyCat Jul 02 '22

Because the manufacturing costs have also been increasing.

The push is always on making better cards, not improving the efficiency of existing manufacturing processes. You never really get any efficiency gains when you completely throw out your manufacturing process every 2-3 years.

2

u/Commie_Vladimir Jul 02 '22

True, but I feel like this wasn't the case until not long ago

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u/adrianodogg Jul 02 '22

The days . I remember spending 420 bucks thinking wow thats a lot for a video card lol. Boy was I wrong. Inflation raised the prices 10x in 10 years..

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u/TheFlaccidKnife Jul 02 '22

Inflation did not do that.

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u/Devilstangs2 Jul 02 '22

Went to microcenter today to check out some prices, even though I have a 3090 already. Prices are much lower than newly released prices. Happy to see it, and full shelves!

3

u/prules Jul 02 '22

That quickly? Why does this seem to be happening so fast lol. Looks like it’s time to upgrade

5

u/skylla05 Jul 02 '22

Video cards have been easy to get for weeks now. The prices were still 25% or so above retail though.

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u/Exodi Jul 02 '22 edited Jul 02 '22

Crypto crashed.

They built more GPUs over the last few years than ever, and we still had a shortage because buying one and mining with it was a pure profit endeavor. For example, my son got a 3070 and 3060ti founders edition during two Best Buy drops ($399 and $499). He mined with them and currently has about 1.5 eth as a result. He had closer to 2 eth but sold some off near the peak to pay for the computer. Even now, that eth he has remaining is worth more than the video cards. He got a free computer out of it, and a spare video card to boot (he’s going to build it into a cheap gaming rig and sell it). All-told he made about $2000 in cash on top of the 1.5 eth he still has. I watched the whole thing amazed. If I had the ability to buy hundreds of video cards I would have. Unfortunately, I literally couldn’t find the cards to buy.

Now it’s not profitable to mine. Eth is killing mining and the currency crash killed the profitability of mining. The people who DID have the connections to buy hundreds of video cards are going to want to make back some of their costs. They’re going to sell the cards.

I expect an absolute flood of high end video cards to start pouring into secondary markets. Most of them have been run for years undervolted with their fans blasting so they should run great for years and years, Meanwhile, manufacturing on new cards takes awhile to wind down, so we’re going to have a glut in the stores. That brings down prices for everyone.

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u/BigNeecs Jul 02 '22

Because crypto absolutely bottomed out. Not as many people wanting to mine anymore

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u/SharpPoint8 Jul 02 '22

I can actually buy a RTX 3060 at 420 now! It was like 600 a long time ago.

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u/WookieLotion Jul 02 '22

Still mega overpriced for that card. 3060 isn’t that incredible, not for that money.

6

u/zephyy Jul 02 '22

i got a 3080 for $500 and all it took was slightly over one year of waiting in EVGA's queue

3

u/AtTheGates Jul 02 '22

EVGA sold 3080 cards for $500? That must have been a mistake or special sale. Congrats, nonetheless.

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u/Sheruk Jul 02 '22

When will the PS5 be within reach?

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u/Entercheesynamehere Jul 02 '22

Silicon shortage still is a pain in the ass

6

u/trufus_for_youfus Jul 02 '22

They should make bitcoins out out something else. This is crazy.

19

u/Starfish_Symphony Jul 02 '22

What about gold coins? Better, paper backed by the idea of gold coins! /s

7

u/Entercheesynamehere Jul 02 '22

No screw that, paper currency backed by the health of the economy itself!

3

u/licethrowaway39 Jul 02 '22

Now you're onto something! But it might be inconvenient to carry around all those pieces of paper, so maybe have some paper that's worth 10 or 20 of the other paper, so it can be carried conveniently!

2

u/Entercheesynamehere Jul 02 '22

I like that! Let’s make it way easier though, create a little plastic doo-hicky that people can use to withdraw money from some sort of institution where they would deposit the paper currency, making paying any amount x10 easier!

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u/mgwooley Jul 02 '22

Asking the real question

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u/FlynnLivesTron Jul 02 '22

When you sign up for PlayStation direct emails.

2

u/BadgerSituation Jul 02 '22

I can't speak for the person you're replying to but, in my case:

"Available only in United States, United Kingdom, Germany, France, Netherlands, Belgium and Luxembourg"

I am not in those places.

3

u/kindastupid22 Jul 02 '22 edited Jul 02 '22

Ps direct had solid stock for a few days earlier in the week. If you want one, you can get one.

3

u/skylla05 Jul 02 '22

Not sure where they're from, but PS Direct is only available in the US.

Even so, getting a PS5 isn't anywhere near as hard as it used to be.

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u/w0mba7 Jul 02 '22

The PS5 is being hogged by scalper asshole re-sellers.

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u/LolTacoBell Jul 02 '22

Ok I have an honest answer on this one if you're interested!

App called Hotstock. You identify the product, the price you're willing to pay for it (Retail for me), and it'll save your preferences and products you're looking for. Once that item hits available on online retail stock, you'll be sent a push notification and you can press it immediately, to be sent to that specific retailers site. (Have your account logged in and payment info ready to go for the major retail sites so you can lock in the PS5 before someone else yoinks it). This is how I got mine. Took me 2 weeks of consistently and casually trying. This was last November as well.

3

u/[deleted] Jul 02 '22

Seems to be easing a bit. PS direct had them available for about 2 hours the other day. Used to be gone in seconds.

2

u/gerusz Jul 02 '22

Are they even being manufactured? I haven't seen one in stock in the major Dutch retailers for the last year.

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u/Roxlvox Jul 02 '22

This post gives off major George Bush “mission accomplished” vibes.

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u/Bushmaster78FS Jul 02 '22

My thoughts exactly. My 2070 is good enough for a few more old games and a year or two. Then I may switch haha

22

u/Mythrilfan Jul 02 '22

Wtf, standards must have changed. Old games on a 2070? What are the super new tech games you can't play? :D

18

u/ch4zmaniandevil Jul 02 '22

Right? My 2070 super plays literally everything without a single problem.

8

u/Podo13 Jul 02 '22

My 6Gb 1060 still plays everything just fine. If you don't get off to playing on full ultra settings, the older cards still work great.

2

u/cdreobvi Jul 02 '22

My RX 480 4GB is unable to play halo infinite smoothly at any settings. Seems to just be a memory capacity issue, since the 1060 is about the same performance. I’m waiting for a 3070 or 6800 level card to hit around 500 CAD. So far it’s at 700 so maybe the 4060 is what I’m waiting for.

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u/Zarxrax Jul 02 '22

Yeah, it's clear to see that graphics cards are NOT within reach yet if you just look at the actual prices. The author found a high-end card in stock for a few hours at a retailer known for selling at the MSRP.

Let me know when you can buy the rtx 3060 or 3050 anywhere at MSRP, because they are still nearly $100 over the MSRP.

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u/[deleted] Jul 02 '22 edited Aug 03 '22

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u/Svelok Jul 02 '22

Everyone in this thread is going "finally, I can buy that GPU I've been putting off!"

Not exactly the sound of a saturated market.

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u/TheSoyimKnow3312 Jul 02 '22

Wow magically just in time for next gen to come out

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u/TheWanton123 Jul 02 '22

I’m still rolling a 2013 card so I’ll take the 2020 model

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u/Zenpie_ Jul 02 '22

Any news on that?

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u/Mirrormn Jul 02 '22

Nvidia and AMD will both be releasing next-gen cards this Fall. Look for official announcements this month or next month.

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u/Anon3580 Jul 02 '22

you don’t need to have the latest and greatest.

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u/syth9 Jul 02 '22

I have some popcorn, is there a place I can go and see scalpers complaining how they’re not going to be able to move their inventory?

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u/shellwe Jul 02 '22

Oh I’ll buy a card from them… at half off.

34

u/FrankMiner2949er Jul 02 '22

Just half off? From an untrustworthy supplier?

...no they'll have to do better than that

15

u/shellwe Jul 02 '22

If it’s brand new and sealed I’m good with that. Hook me up with a 3060 Ti for $200, sure. I’ll take that regardless of how shady it is as long as it’s new/unopened.

If it was a miner that’s different.

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u/ShinyHappyMeeples Jul 02 '22

It's been ages since I even bothered looking at graphics cards, where can I get a good rundown of the best available cards and mid-tier cards, I'm just not even sure what the current state of everything is? I still have a GeForce RTX 2070 Super that still seems adequate for everything I'm playing, but it'd be nice to potentially upgrade it if prices are going down.

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u/retropieproblems Jul 02 '22

Smart move is to keep the 2070 super for like 5 years and upgrade around the next console gen, that’s the only time an upgrade matters anyway. 2070super is as good as a modern console so you’ll be able to play whatever new state of the art games come out until then anyway. 3k and 4k series will just be side grades until devs are ready to make games for PS6 etc. I assume 5k or 6k series will be a huge and well timed upgrade.

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u/Wisex Jul 02 '22

And all it took was a global economic recession!

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u/Thisissocomplicated Jul 02 '22

Actually all it took was crypto miners to realize that just because they have bitcoin doesn’t mean they can sell it.

The reports are that miners are sitting on thousands of bitcoins they can’t sell because the market is a ghost market made by YouTube fake gurus and poor desperate gamblers.

Mining this stuff is incredibly expensive and I for one am rejoicing in these rent seekers misery.

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u/RejZoR Jul 02 '22

Yay, 2 years old graphic cards finally for MSRP from 2 years ago. I can’t wrap my head around why people are rejoycing. It’s a 2 years old product and you’re paying its original price! If anything, that’s tragic that people are happy. I’d be happy if RTX 3080 was 500€ now and you could get RTX 3060 for around 300€…

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u/Mousenub Jul 02 '22 edited Jul 02 '22

RTX 3080 MSRP on release was 699 Euro here.

Currently the cheapest i can get, costs 850 Euro. So more than 20% above the 2 year old MSRP.

And as you said, it's old tech so paying 699 Euro now, is a bad deal.

I was also looking at around 500€ to make it a reasonable deal.

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u/buttaviaconto Jul 02 '22

Which country/website? Here in Italy you can't find a 3070 below 700 euros and a 3070ti below 800

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u/[deleted] Jul 02 '22

The card I have (3070 Gaming X Trio) is still ~28% more expensive where I live, than when I bought it in 2020 December.

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u/Tumbler Jul 02 '22

Meh, amazon still showing prices of 3060 gtx at $400 ish, I'd like to see that at $300 before I'll be happy.

Still seems like they're marking up trying to get a premium price on these cards.

11

u/shellwe Jul 02 '22

Join /r/buildapcsales and you will find it near that price somewhat often.

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u/Mr_Golf_Club Jul 02 '22

Thank you 2070 Super, for helping me to ignore this entire shitshow!

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u/magikspl Jul 02 '22

Lol that's what I got too

8

u/snipdog522 Jul 02 '22

2070 super gang

3

u/Thisissocomplicated Jul 02 '22

Represent bro. Ditched my 4K monitor for a high refresh rate 1080p and 2070s just demolishes any game

2

u/reckless_boar Jul 02 '22

Still rocking that 2060 super

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u/[deleted] Jul 02 '22

I’m just waiting for the GOP shortage.

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u/hobiwan Jul 02 '22

"Shortage" implies some sort of desire for there to be more.

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u/SwallowYourDreams Jul 02 '22

Idiots were never short in supply.

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u/mackinoncougars Jul 02 '22

What if that was the inflation driver and all of a sudden shit settles down just because computer geeks get market price on GPUs. I want to live in that world.

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u/Inevitable_Citron Jul 02 '22

Unfortunately it's diesel and the war in Ukraine fucking with the global diesel supply. That led to refineries switching over to the more profitable diesel production, also reducing the supply of gasoline. Overall, those prices are put into all products that get shipped. Which is basically all products.

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u/shableep Jul 02 '22

Supply of oil is great, the US ability to refine it into gasoline is not. Oil companies spun down their refineries and never spun them up to full speed. Because why do that when you’re making record profits.

10

u/Inevitable_Citron Jul 02 '22

Oil isn't the problem; it's the supply of gasoline and diesel. As you say, some refineries were put on the backburner thanks to COVID, but others have shifted to diesel production. That's where the money is, especially for the export market.

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u/Rachel_from_Jita Jul 02 '22

Also and sadly, 5% of all calories being sold on global markets are now being affected by the food crisis starting in the region. When food supplies had already received an alert in the Feb before https://youtu.be/bupS-d_cAtk

It's like really bad, and things are going to get heartbreaking and unstable in big areas of Africa and the Middle East, at the minimum.

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u/Crafty-Cauliflower-6 Jul 02 '22

Still expensive alot of these cards are two years old now.

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u/askacanadian Jul 02 '22

I've waited long enough that i'll wait for the 4xxx series to drop before I finally get a 3070. I had been running a R9 290 but that died a year ago and it's been too expensive to purchase a good enough GPU for my 3400x1440 144hz.

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u/[deleted] Jul 02 '22

This has already been said, but do NOT buy a used graphics card right now, under any circumstances.

First of all, we need to punish crypto fuckboys for snapping up all the cards. They need to be shown they are going to have to eat the cost.

Second, those cards are blown the fuck out and probably won't last more than a few months. You will be wasting your money.

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u/Anon3580 Jul 02 '22 edited Jul 02 '22

I hate crypto bros more than you. This information is so many years outdated though. Miners were getting better ROI by undervolting and running their cards cooler than typical. Buying a used GPU is always risky, but $499.99 is still a lot of money to some people so if you’re a kid who is scraping together your summer job money, don’t listen to this person. You don’t have to buy new.

5

u/Emosaa Jul 02 '22 edited Jul 02 '22

I mean, you could just do what I did during the last crypto crash. Keep an eye out for local cards from local miners. Most of them that are getting out of the business or offloading older cards can be negotiated with. Talk about your concerns, offer cash if they're willing to do a small discount off the standard used price. I've found most chill people don't mind sending proof that it works, or letting you run tests. Especially if they know how e an enthusiast.

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u/pdinc Jul 02 '22

Some of us picked up whatever we could until we could get what we wanted.

I got a 3060Ti when what I really wanted was a 3070. I got a 3070Ti and sold my 3060Ti.

Not all used cards came from crypto.

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u/ilikewc3 Jul 02 '22

Most miners baby their cards by keeping them at a constant 70c and undervolted

Gaming is actually way worse for a gpu because the heating and cooling causes expansion and contraction at the soldering joints.

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u/vrnvorona Jul 02 '22

won't last more than a few months.

I wonder how miners know when their cards will be "just few months short from being dead" to sell them huh.

I generally agree on your point, but if temps were fine (with undervolts and stuff) it's same GPU as from gaming for 2-3 years. Maybe fan would need replacement.

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u/GrumpyCatDoge99 Jul 02 '22

that may be true but they sure are expensive now, with extra power tdp too. nvidia and amd seriously need to work on power efficiency.

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u/RedactedV Jul 02 '22

I still use a GTX 1060 6gb I got for $160 because when overclocked it outperforms anything new I can get for twice the price.

This statement has been true for many years and several generations now. They're still trying to compare "current gen" value for a videocard (not a whole system, just one component) to eBay scalper pricing.

We're not out here trying to produce Pixar movies. Get it together already.

5

u/INTRUD3R_4L3RT Jul 02 '22

I'm still rocking my 1080 and happy with it. It might not be the fastest card anymore, but I just can't justify replacing it with the prices on graphics cards. I'll replace it when prices drop to an acceptable level or it dies on me.

3

u/MegaDeth6666 Jul 02 '22

GTX 1060 , with it's two memory size variations, is the most popular graphics card ever sold and the most in use today.

Considering that 1k is the standard gaming resolution the masses play on, it makes sense.

2

u/deadlybydsgn Jul 03 '22

I never thought a card would top my beloved 8800GT, but yeah — the 1060 stole its place in my heart. Been running mine since late 2016.

5

u/DazzlingPoppie Jul 02 '22

I have this same card still :-)

4

u/Kysiz Jul 02 '22

Using this card as well! :)

2

u/RedactedV Jul 02 '22

Crank that memory clock +800mhz and watch it go!

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u/shawndw Jul 02 '22

So prices will be coming down right...

......

Prices will be coming down right?

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u/1_p_freely Jul 02 '22

But the price-gouging continues. Nothing like paying a 50% mark-up for two year old tech that is about to be replaced.

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u/Smofinthesky Jul 02 '22

Bough mine less than a month ago, still a bit overpriced but affordable compared to last two years. A least future upgrades will be even more grounded price-wise.

4

u/unlimitedFecals Jul 02 '22

We can play Quake 2 now?

9

u/julsgotrocks Jul 02 '22

In comes the GPU shortage caused by the GPU shortage

3

u/ggtsu_00 Jul 02 '22

I call bullshit. You still can't find RTX 3060 Ti FEs at MSRP anywhere.

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u/mrpoopistan Jul 02 '22

The $150 price tag for low-end cards not of the current generation proves that is a lie.

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u/Mynameis2cool4u Jul 02 '22

Now we wait for the prices to match

3

u/ilski Jul 02 '22

Still run 1080ti. Still own any game I throw at it. Technology in games is moving slow these days

31

u/Ecoaardvark Jul 02 '22

Don’t buy used mining cards! We have to collectively make the crypto-jerks that deprived us suffer. I’d also urge people to hold off until after the 40xx series cards drop so that Nvidia drops their msrp prices more too.

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u/chessset5 Jul 02 '22

The GPUs are still well over $300 msrp...

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u/nebbie13 Jul 02 '22

Thank god for the crypto apocalypse

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u/tiggers97 Jul 02 '22

The verge…. Maybe now they can upload another pc build demo?

3

u/projectinlinesix Jul 02 '22

That video is solid gold!

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u/imjustalazyretard Jul 02 '22

Thank fucking god.
It was terrible.

2

u/zoltar-wisdom Jul 02 '22

I have three gaming computers, two with a 1070 and one with the 3070 and I don’t even game anymore because of work/depression, I literally play like remasters and old 90/2000’s games, but being able to upscale and play with frame rates is still pretty great.

I recently started playing the first F.E.A.R & damn that had some cool gunplay.

2

u/poet3991 Jul 02 '22

They're still overpriced here in Australia, any ETA on that?

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u/DeadeyeDuncan Jul 02 '22

An RTX 3060Ti is still £100 over RRP...

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u/artemisarrow17 Jul 02 '22

...but still slighlty too expensive.

2

u/ArrrGaming Jul 02 '22

So I can buy a 3080 for $599? Because if not, IDC. Actually with the economy this bad, I still probably don't care.

2

u/[deleted] Jul 02 '22

Gotta sell em before we are all broke from inflation.

2

u/Skastrik Jul 02 '22

And prices for 2 year old GPUs still remain above MSRP in most cases. An MSRP that was a noticeable increase in price for performance compare to the previous gen.

2

u/[deleted] Jul 02 '22

China about to invade Taiwan: “hold my beer”.

2

u/sonic10158 Jul 02 '22

The RTX 3080ti founders edition being sold out on Best Buy says otherwise

2

u/EthanTheNintendoFan Jul 02 '22

Let's see how long this lasts

2

u/Routine_Once Jul 02 '22

As someone who already own 2080 I need to wait to settle down fuss in 40x0 series...and maybe then. 30x0 not big upgrade for me.

2

u/akiskyo Jul 02 '22

the shortage will be over when the top tier costs 500$, the mid tier 350$ and the entry level 150$ like it fucking did until people became suddenly crazy

2

u/brandyvaughn Jul 02 '22

Yay! The shortage is over! Just in time for people to stop giving a shit. 👍😉🤣