Monday, August 30th 2021

GPU Market Pricing Back in Uptrend, Shattering Expectations of Price Normalization

According to the latest market pricing analysis conducted by 3DCenter, the falling GPU prices we reported two months ago are now in the midst of a reversal. The latest figures show an increase in average pricing for both AMD's RX 6000 series and NVIDIA's RTX 30-series graphics cards. The hike has been most felt on the NVIDIA camp, with average pricing increasing around 9%, while AMD graphics cards saw an increase of 6%. This places the latest pricing average for graphics cards from both companies at 59% above MSRP for NVIDIA, and 64% for AMD.

While the increase is still a far-cry from the ridiculous markups felt during the month of May (where NVIDIA graphics cards were being sold at an average 304% of their MSRP value and AMD's where going for around 202% of their MSRP), this trend reversal is a clear indicator of a continued inability to cater to the pent-up demand that's still being trickle-filled since the original release of these GPU families. And this happens despite numerous positive signals happening within the last few months, such as the crypto crackdown in China, which saw hundreds upon hundred of mining-bound graphics cards being resold towards the secondary market. Also of note for an eventual positive price action was the recent reduction in Ethereum profits for miners due to the implementation of Ethereum's EIP-1559 proposal - which has already seen 136,619 ETH being burned as a part of transactions run on the network - the equivalent of $433,768,155 at current ETH pricing. And with news that shipments of NVIDIA's RTX 3060 and 3060 Ti graphics cards will be halved throughout September, paired with a TSMC price hike for newly minted wafers, it seems that an upwards pressure on GPU pricing is inescapable.
Sources: 3D Center, via TechSpot
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88 Comments on GPU Market Pricing Back in Uptrend, Shattering Expectations of Price Normalization

#51
_Flare
Bitcoin is a nearly perfect example in, how wrong humans are in their everlasting search for growth, it is unnatural and means rejection of balance, as it would be natural.
Every ecosystem growth and shrinks over time, leading to that the nature, our planet fluctuates around a balance.
Preaching everlasing growth, leads to irreversible exploitation.
Bitcoin is like the habituation phenomenon in drug addiction disease, where it take more and more to get a high. ... in this case until the nature dies.
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#52
Vayra86
R-T-BBecauase this is techpowerup?
This screams for a Sparta meme. I do agree... discussing every Youtube fart gets pretty tiresome. As if the bright lights moved there... lol
_FlareBitcoin is a nearly perfect example in, how wrong humans are in their everlasting search for growth, it is unnatural and means rejection of balance, as it would be natural.
Every ecosystem growth and shrinks over time, leading to that the nature, our planet fluctuates around a balance.
Preaching everlasing growth, leads to irreversible exploitation.
Bitcoin is like the habituation phenomenon in drug addiction disease, where it take more and more to get a high. ... in this case until the nature dies.
Nature will just reinvent itself. A desert is natural too. Drought and flooding, storms, volcanoes... they werent invented for our enjoyment ;) Its not nature that dies. Its us humans destroying ourselves with instinctual greed. We are only making it harder on ourselves, as we are the conscious species :) Nature wont give a damn.

The next step in evolution will have to include an adjustment of that instinct. Or a new way to use it.
Posted on Reply
#53
Tardian
Nature will just reinvent itself. A desert is natural too. Drought and flooding, storms, volcanoes... they werent invented for our enjoyment ;) Its not nature that dies. Its us humans destroying ourselves with instinctual greed. We are only making it harder on ourselves, as we are the conscious species :) Nature wont give a damn.
The next step in evolution will have to include an adjustment of that instinct. Or a new way to use it.
Those of us who have spent the past 25+ years nurturing children may not agree, that we should just leave it to nature.

I doubt even nature can deal with the plastic disaster Millenials have inherited from the boomers.
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#54
Vayra86
TardianThose of us who have spent the past 25+ years nurturing children may not agree, that we should just leave it to nature.

I doubt even nature can deal with the plastic disaster Millenials have inherited from the boomers.
And yet the millenials cant stop touching it either... switching phones every year, for example... we are all fist deep into this mess. Addicted to consumption. Goods, information... everything is about expansion. Yesterdays plastic are todays heavy and rare metals... look at batteries. We are ramping up more new industries than ever... to 'fix' things :D Irony...
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#55
agentnathan009
Naito'Worth' wasn't something I mentioned in my post. I understand that the 'worth' of such currencies stems from people's belief in the system and the forces which regulate it (or not). It would be naive to think that a lot of the world's most wealthy and influential people/government don't have some stake in cryptos. If they hold enough, they'll control the system by some means, which anti-fiat followers seem to gloss over. It also wouldn't take much to quash the movement, if the world's governments deemed it a risk. There's not enough saturation from the everyday user to prevent such control - something which I doubt will happen anytime soon as cryptocurrencies are too volatile. Essentially, you're gambling on everyone else' belief in the coin and once the stream of new 'believers' runs dry, the value will fall. It's in your best interest rationilise your own choice to enter cryptos and convince other's do to so too. It's pratically a requirement you're forced into, otherwise you'll lose your investment. Gambling on a Ponzi scheme

It's not to say in the future that cryptocurrencies won't replace fiat currencies, but it'd be unlikely one of the coins in 'circulation' today - too volatile, non-standardized, limited legitimate use.
Crypto currencies have been getting more stable and less 2017 volatile as more institutions delve into crypto. It isn’t Dow Jones stable but given time it may get there. Crypto is still in its infancy and many are trying to figure out what to do with it and is it worth investing in. When was the last time you looked up “Ponzi scheme”? Crypto, as far as I can tell, isn’t paying forward previous investor money to new investors as is the case with a true Ponzi scheme. People pay gas to make transactions on Ethereum blockchain. Gas isn’t investor money, it is a fee. Hardly what I would call a Ponzi scheme.
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#56
Rithsom
Vayra86And yet the millenials cant stop touching it either... switching phones every year, for example... we are all fist deep into this mess. Addicted to consumption. Goods, information... everything is about expansion. Yesterdays plastic are todays heavy and rare metals... look at batteries. We are ramping up more new industries than ever... to 'fix' things :D Irony...
And here I thought that the minimalism movement was going to take off with the newer generations. Sigh...

To this day, people still don't understand the concept of "money cannot buy happiness". It's ridiculous.
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#57
agentnathan009
mechtechNo surprise. I do recall seeing a headline about TSMC raising prices 20% cause they can.
Because they need to raise prices in order to buy those ridiculously expensive lithography tools as transistors get smaller and quite a few of them to keep up with chip demand. Transistors aren’t getting cheaper to make at the level they are making them at, it cost a lot more to jump from 7 to 5 nm versus 32 to 28 nm.
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#58
Vayra86
RithsomAnd here I thought that the minimalism movement was going to take off with the newer generations. Sigh...

To this day, people still don't understand the concept of "money cannot buy happiness". It's ridiculous.
Minimalism is just fashion, but we have more disposable products than ever. 'Look I own barely anything - instead I use online services, and I use things to toss away directly'. Meanwhile, we're all being singles so we DO use a separate place to live, at large, resulting in tremendous pressure on space.

Its not like we're going to live less busy lives...
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#59
Tardian
Minimalism is just fashion, but we have more disposable products than ever. 'Look I own barely anything - instead I use online services, and I use things to toss away directly'. Meanwhile, we're all being singles so we DO use a separate place to live, at large, resulting in tremendous pressure on space. Its not like we're going to live less busy lives...
Tardian does not have that problem, with at least 5-6 adults, a cat, a dog, a gecko, three possums, and moi, cohabitating in this dwelling.

We are all busy except the cat, who has delegated the task of ruling the multiverse to lesser mortals.

We recycle almost everything especially since viewing The War on Waste.

Back on topic we even eke out the maximum life from a GPU. We are very skilled in avoiding being sheared in Australia.
And here I thought that the minimalism movement was going to take off with the newer generations. Sigh...
I
To this day, people still don't understand the concept of "money cannot buy happiness". It's ridiculous.
but you can be really comfortable, with air-con, OLED, Tesla, solar, single malt, grande cru, bespoke, meaningless existence with a mensa, hyper-model partner. :D

The first comment was a failed attempt at minimalism. The correct answer was:
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#60
Rithsom
Vayra86Minimalism is just fashion, but we have more disposable products than ever. 'Look I own barely anything - instead I use online services, and I use things to toss away directly'. Meanwhile, we're all being singles so we DO use a separate place to live, at large, resulting in tremendous pressure on space.

Its not like we're going to live less busy lives...
By "minimalism" I meant the more general term of "downsizing". Obviously, owning nothing is inherently wasteful, because it just necessitates buying services all the time.
Posted on Reply
#61
Tardian
I am hoping for minimalism in GPU pricing.:eek:

Please don't think my humor trivializes the seriousness of the issue. If you can't laugh, you would cry.
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#62
medi01
agentnathan009The same could be said of fiat currency when it was introduced thousands of years ago. Perhaps you should investigate more. Your bank account is as worthless as crypto
Nonsense.

My bank account is a contract between myself and, largely, the state.
It is needed for any financial system to function.
It works dayum good too. Nobody doubts its value. It is one hell of stable.
I can use it in all imaginable types of financial operations with ease.

Your crypto is a vapour with exactly zero intrinsic value, with exactly NOTHING about it being guaranteed by ANYTHING.
The shit is so clumsy, it cannot be used for normal financial transactions, essentially, the only type of activities it supports is crypto gambling between participants in the financial bubble.
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#63
skizzo
Vayra86This screams for a Sparta meme. I do agree... discussing every Youtube fart gets pretty tiresome. As if the bright lights moved there... lol



Nature will just reinvent itself. A desert is natural too. Drought and flooding, storms, volcanoes... they werent invented for our enjoyment ;) Its not nature that dies. Its us humans destroying ourselves with instinctual greed. We are only making it harder on ourselves, as we are the conscious species :) Nature wont give a damn.

The next step in evolution will have to include an adjustment of that instinct. Or a new way to use it.
if that 1st quote deserved the this is Sparta meme treatment then the 2nd deserved a "Life finds a way" meme a la Dr Ian Malcom
Posted on Reply
#64
Chrispy_
lZKoceI have always scavenged on the left overs in the second hand market, but the prices are so insane for cards with no warranty I might as well buy a new super low tier card and be happy with it. I am gonna rock my RX580 until it artefacts....that's what about it.
Nothing wrong with a 580 yet. Sure, it's only a 1080p card and you might have to drop some settings to hit 60fps in a few titles now but that doesn't really make the games any less enjoyable. If you're serious about getting the most out of your RX 580, you could drop the power limit down to around 150W and you should still be getting close to 1300MHz clocks. The boost clocks on 580/590 are quite aggressive and they can run 1250-1300MHz with far lower voltages which do wonders for the longevity of the silicon.
DemonicRyzen666Why are we not talking about Hardware Unboxed's video on factors of Gpu prices
because they're mostly discussing user opinions which are, for the most part, uneducated guesses and conjecture. The reality is that we are still seeing ample hard evidence that distributors are selling large quantities (ie, hundreds and even thousands of units at once) directly to a single mining operation or large-scale scalper. We're talking about auctions of 100+ GPUs at once, and shipping containers with thousands of GPUs that are intercepted without the proper paperwork. These are wealthy opportunists intercepting retail consumer cards before they're even hitting the retail market.

As long as demand exceeds supply this process will continue and retail/consumers will get table scraps; We know there are ongoing supply problems, and we know that crypto demand is far higher than gamer demand - and crypto demand has just ramped up again. I am a small-time hobbyist miner and I have 24 reference-design RX 5700 cards. That's 24 cards that didn't go to gamers; Now understand that people like me are a trivial, negligible bump in the road compared to the tens of millions of GPUs being intercepted before they even reach the retail channel.
Posted on Reply
#65
Pumper
SithaerYeah this is also a reason why I bought a second hand GTX 1070 ~1 week ago.
Done waiting for this crap when its not getting any better especially where I live.

I paid around the relase MSRP price for this 1070 but considering everything its was actually a decent deal here 'and yes that sounds bad cause it is..'.
So ye now I'm gonna sit this whole crazy times out with this and stop caring about it, heres hoping it wont die on me until then. :oops:

Its also kinda funny that I sold my RX 570 for almost the same money as what I paid for it in 2018 and this was only a 4GB model, ofc I'm not complaining but thats just shows how bad this is. :laugh:
You live in Europe, so it's fairly easy to get a FE GPU (all you need is French, German or Spanish address - plenty of services offering that). Just join the FE PartAlert group on Telegram and you'll get notifications on new stock. Of course, you need to be fast to get one, so you should create accounts with local addresses on LDLC and notebooksbilliger.de and have you card details at the ready (the only way to pay for the GPUs).
Posted on Reply
#66
Sithaer
PumperYou live in Europe, so it's fairly easy to get a FE GPU (all you need is French, German or Spanish address - plenty of services offering that). Just join the FE PartAlert group on Telegram and you'll get notifications on new stock. Of course, you need to be fast to get one, so you should create accounts with local addresses on LDLC and notebooksbilliger.de and have you card details at the ready (the only way to pay for the GPUs).
Problem is not the stock I can find almost anything here, its the prices and I only buy hardware within my country for various reasons and in my country prices are a mess with 27% VAT.

The only new gen cards I was interested in is RTX 3060 or maybe a 6600 XT but that was kinda a last option but apparently both are stupid overpriced.
I'm not willing to pay more than 500$/Euro for ANY card and both of those cost quite a bit higher than that.

Moot point anyway but thanks for the idea, I have my 'new' card now and its enough for all my gaming needs currently and for the foreseeable future. :)
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#67
Pumper
SithaerProblem is not the stock I can find almost anything here, its the prices and I only buy hardware within my country for various reasons and in my country prices are a mess with 27% VAT.

The only new gen cards I was interested in is RTX 3060 or maybe a 6600 XT but that was kinda a last option but apparently both are stupid overpriced.
I'm not willing to pay more than 500$/Euro for ANY card and both of those cost quite a bit higher than that.

Moot point anyway but thanks for the idea, I have my 'new' card now and its enough for all my gaming needs currently and for the foreseeable future. :)
Why would the 27% VAT matter if you are in the EU? A 3060Ti FE is 429€ (VAT included) + ~8€ shipping, + whatever price the middle man would take for the local address and delivery to your country (it was just 10€ in my case).
Posted on Reply
#68
Sithaer
PumperWhy would the 27% VAT matter if you are in the EU? A 3060Ti FE is 429€ (VAT included) + ~8€ shipping, + whatever price the middle man would take for the local address and delivery to your country (it was just 10€ in my case).
Like I said I don't buy hardware from other countries, thats a deal breaker for me no ifs and buts in that regard.
+ I'm not looking for a Gpu anymore.

Aint dealing with such methods either.
Good for you if you got your card that way but its not my cup of tea.
Posted on Reply
#69
defaultluser
I'm glad to see there being occasional finds of 3060 stock at my local Microcenter - now they just need to drop below $400, and we can talk!

I'm sorry to say, but the rest of the GPU market i screwed, until ETH goes Stake.
Posted on Reply
#70
neatfeatguy
defaultluserI'm glad to see there being occasional finds of 3060 stock at my local Microcenter - now they just need to drop below $400, and we can talk!
Probably not going to happen. EVGA, from my current looking, has a couple 3060 models. One that retails for $329 and is never in stock anywhere nor have they sold any from their store (according to the updated EVGA Queue list) in the past 30+ days. The other one retails at $399 and they seem to go off the shelf fast and also EVGA has been moving a lot of them, according to their queue list.

Since there is no 3060 FE model, Nvidia won't sell any of the 3060 GPUs at MSRP ($329). Any other place I've seen other AIB list 3060 cards, they're easily $450+. If you see a 3060 from EVGA at Micro Center, they should be priced right at that $400 area and it might be the best price you'll find for a 3060 anywhere.
Posted on Reply
#71
95Viper
Get on topic.
Take your side arguments to PMs; or, a thread in the appropriate forum.
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#72
TheDeeGee
Bomby569you can easily find a 3060ti for around 650€ and not the cheapest models either.
Well i want a specific model, which is the Strix, because of the heatsink and deshroud options.

Not everyone is fine a cheap ass noisy cooler.
Posted on Reply
#73
Liquid Cool


When viewing the weekly chart of BTC, "from my perspective" and five decades of experience under my belt tells me prices in graphics cards are simply "following the trend". As long as BTC rolls over here(and I believe firmly that it will), graphics card prices are ready to tumble in price. I expect severe price shocks...to the downside. When everyone is expecting inflation...when there is none...deflation is right around the corner. Supply shocks are not inflation, nor are they inflationary. Nothing but temporary supply disruption, exacerbated by "perception" of future price increases.

What about all of this demand Liquid Cool? It will dry up immediately.

It's happening right before your eyes, just wait a little while longer. Not much time left here.

For those in need of a Graphics Card, one word...

Patience.

Liquid Cool

P.S. When I woke up this morning...I wasn't sure if I was dead or alive. At least it felt that way. When I read a comment from a poster about "recent price stability in crypto currencies" in this thread it gave me a good chuckle and lifted my spirits. I fight on for one more day! Thanks to you! Appreciative...:).
Posted on Reply
#74
Chrispy_
TheDeeGeeWell i want a specific model, which is the Strix, because of the heatsink and deshroud options.

Not everyone is fine a cheap ass noisy cooler.
The STRIX is overrated and overpriced. Get the TUF which is basically the same thing for way less money and equally deshroudable.
Posted on Reply
#75
Vya Domus
BTC dictates the overall trend of the market and hence the interest in mining of altcoins. Most people follow the stock to flow model and according to it BTC was undervalued before the May crash and it still is, so there is still room for growth. My estimation is that miners will keep buying GPUs until somewhere next year when BTC will enter it's "constant" valuation period for the next 3-4 years and interest in crypto dries up.

This would have been an identical repeat of the 2017 situation and by now mining would have been completely dead if it wasn't for the fact that the crash happened before BTC actually became overvalued as it did at the end of 2017. So now we got a second run.
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