GIGABYTE GeForce RTX 3070 GAMING OC 8G (rev 2.0) LHR ($949 - $280 = $669)

paulrichcan wrote: ↑ Would going from my 1080 to a 3070 would I notice improvements ?

adobe video + audio and gaming

Thanks Paul.

bigboy1221 wrote: ↑ Used 3080's already popping up for less than 700 now, lmao was I right or was I right? The merge dropped profitability by over 50% so far, going to be a fun next couple weeks to see the fire sales. Hold out if you want a lower cost of entry, these retailers and miners are going to squirm. Especially with high inflation and rising costs and interest rates continuously going up, buyers with access to capital and those without debt are in the drivers seat now.

iamsiege wrote: ↑ USED not new, you're not comparing the same thing.

MahlerMusic wrote: ↑

Niklasky wrote: ↑
Ethereum has moved from proof of work to proof of stake. Essentially with POW they needed the processing power of many GPUs to validate each transaction on the blockchain. With POS, cryptocurrency owners validate blockchain transactions based on the number of coins they stake. This means no more GPU mining, less power consumption.

bigboy1221 wrote: ↑ Used 3080's already popping up for less than 700 now, lmao was I right or was I right? The merge dropped profitability by over 50% so far, going to be a fun next couple weeks to see the fire sales. Hold out if you want a lower cost of entry, these retailers and miners are going to squirm. Especially with high inflation and rising costs and interest rates continuously going up, buyers with access to capital and those without debt are in the drivers seat now.

TheSlav wrote: ↑ Hahaha, see you what I was asking



Oh neat, that’s very interesting. Although, Crypto is still confusing AF to me and I want nothing to do with it. I just want an affordable GPU lol.



This comment, you nailed it with the inflation/interest rates going up.

*HOLD THE LINE!*

bigboy1221 wrote: ↑ Lol, thats what I said. Weren't you one of the ones that were saying prices wouldn't drop? Give it time, these will go for under 700 brand new in a month or so. The used cards dropping so fast just makes it even worse for retailers trying to get rid of these.

JoJoCan wrote: ↑ I paid over $1k for a 3060ti on Kijiji during the pandemic?

$600 for a 3070 with a warranty? That's a great deal, no?

Chanlion wrote: ↑ The alternative, the AMD 6750 XT is 650$ or cheaper (600ish) which matches the performance of the 3070. The only downside I see to getting the AMD is that workstation accelerated workloads are usually not supported.
There's also the wider available 6700 XT which is a bit worse but close to 100$ cheaper.

iamsiege wrote: ↑ Yes and low and behold the great GPU Apocalypse predicted (by you and others) on NEW cards has not happened, I know because I build systems and check prices every day, there is a sale here (mostly at CC and mostly gigabyte) and there but most of the time its in store pickup and only a few available and they are sold out in short order.

iamsiege wrote: ↑ Yes and low and behold the great GPU Apocalypse predicted (by you and others) on NEW cards has not happened, I know because I build systems and check prices every day, there is a sale here (mostly at CC and mostly gigabyte) and there but most of the time its in store pickup and only a few available and they are sold out in short order.

wearysky wrote: ↑ You expected the apocalypse to happen on the day that the merge occurred? That's not really how it's going to work. There are still coins that can be mined with GPUs, but they're not nearly as profitable, so it'll be a little while before miners start to give up entirely. BUT we've already seen effects of the merge over the few months - miners were buying fewer cards due to the pending merge, resulting in more cards being available and more stock piling up. Hence, sales like this one. Without the merge, miners would still be snapping up all these cards.

fyrebug wrote: ↑ Some people can't admit they're wrong and just double down or move the goal posts. Don't bother. Anyone saying prices aren't dropping or won't drop more is a fool. Tons of users here have been screaming prices wouldn't drop as we all watched prices drop. No point arguing with these people. They are the "expert"

fyrebug wrote: ↑ Some people can't admit they're wrong and just double down or move the goal posts. Don't bother. Anyone saying prices aren't dropping or won't drop more is a fool. Tons of users here have been screaming prices wouldn't drop as we all watched prices drop. No point arguing with these people. They are the "expert"

DealinDirty wrote: ↑ Are you also looking at inventory levels of these cards? Check out Canada Computers for 3080's as an example. There aren't as many in stock as people are making them sound to be for all these drastic price cuts to take place, we're talking like one or two of each card in a store. I wouldn't be surprised if a lot of the excess inventory just makes it way into prebuilts or something. nvidia aint giving these away for free to take a loss on a card or lose a sale on next gen cards

bigboy1221 wrote: ↑ That ain't how supply and demand works. People who were mining now effectively have many extra cards they are not doing anything with. People sell their gpus putting downwards pressure on price because of so many extra cards hitting the market around the world, retailers cannot charge their higher prices anymore because why would someone pay 1k for a gpu when they can get a used one for 50% off. Even if it's used it works the same, yes there will be some that have to have new but those numbers are far less than those who just want a good deal on a card that's for entertainment purposes. This puts more pressure on retailers because no cards are moving off their shelves, which puts pressure on manufacturers because not as many cards are being sold so they must lower their price and bite their margins to continue moving more units. You don't need a crystal ball to see what's coming.