Why are high end GPU's out of Stock?

[xrobwx71]

Yes, if you read it as money, not RMB. It's NTD, New Taiwan Dollars. Taiwan is not China and doesn't use RMB.

Thanks, I have zero experience in foreign exchange.

 

[Deleted member 24505]

Wonder how far down the list AMD is, there are a fair few vying for TSMC's wafers

 

[P4-630]

New financial analysis suggests the Nvidia RTX 3000 ongoing shortages could be pinned on crypto miners

All those scalpers we have been hearing about may actually turn out to be crypto miners hoarding the new RTX 3000 cards for Ethereum mining farms. Analysts somehow discovered that Nvidia has already sold $175 million worth of RTX 3000 cards and most of these sales were made directly to crypto...

www.notebookcheck.net

How the Pandemic Changed How M&A Deal Makers Assess Risk

Stephan Feldgoise, Goldman Sachs’ co-head of M&A, said companies are making moves to lower risk. If they want to be a supplier in a certain region, they might now buy a local presence.

www.barrons.com

 

[R-T-B]

dunno how true this is ?

Can't buy a new Ampere GPU? That's because NVIDIA sold them to miners | TweakTown

Considering GPU mining is dead, almost 100% certainly untrue. Disappointed in TweakTown in particular, it used to be reputable.

I have no idea why those news stories are circulating, but all one needs to do is figure out GPU mining loses money now to know they are untrue.

The articles don't even list believable currencies, either. Ethereum has had ASICs for ages now.

 

[dirtyferret]

Higher demand (more people at home)
Lower supply (less air travel = slower supply of components, meaning slower production)

This plus a large back order of production. We typically have all our holiday stuff in the states by end of August, this year it's end of October.

 

[R-T-B]

GPU Mining is relevant again with Ethereum 2.0,

Maybe this is what I am missing. What's different about Ethereum 2.0?

 

[Deleted member 24505]

Maybe this is what I am missing. What's different about Ethereum 2.0?

https://consensys.net/knowledge-base/ethereum-2/faq/
This is very interesting too R-T-B

https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos

Does seem very possible that ETH miners are/have bought tons on new 3xxxx GPU's

 

[yotano211]

Demand is way higher than Supply (and this wont change anytime soon)

Covid19 means millions of people are staying at home, they are bored and wants to play games, so many are upgrading their rigs.
- Covid19 means that shipping is absolute hell

GPU Mining is relevant again with Ethereum 2.0, Ampere is good perf/value for this, espeially 3060 Ti and 3070 will be (best perf per watt) - PROBABLY AMD 6800/6700 too (undervolted and underclocked).

Cyberpunk is coming, biggest game release in years, people are upgrading

Sadly this probably will continue deep into 2021, according to several retailers

Many of this affects ALL HARDWARE, including TV's, headsets/headphones, consoles (next-gen sold out and most people won't recieve before next year).


Soooooooooo glad I got a 3080 4 days after release for 699 right now!! Some people can expect to wait MONTHS and MONTHS for a new GPU (REGARDLESS of model)

The popular custom cards will be almost IMPOSSIBLE to get, because thousands and thousands are waiting for these.

I know a guy who recieved a 3080 EAGLE from Gigabyte last night, ordered on release, one of the lesser popular cards. Imagine the waiting time on the popular ones then...

Mining on GPUs is dead for some years. About ETH 2.0, I dont think anyone knows if ETH 2.0 can be mined on GPUs for ASICs for profit.

 

[Deleted member 24505]

Mining on GPUs is dead for some years. About ETH 2.0, I dont think anyone knows if ETH 2.0 can be mined on GPUs for ASICs for profit.

Read the links, seems they can use GPU's for eth 2.0

 

[yotano211]

There were other high end GPU shortages in the past (not counting the mining craze). For example the high end card shortage in 2004 (source1, source2). Back then, nVidia launched the Geforce 6800 Ultra prematurely, and ATI followed with Radeon X800XT PE. Both cards had availability issues for a long time ... It looks like the history repeats itself, as the situation now is very similar ...

When the Nvidia 8800gt came out, that card was sold out for months. If I remember correctly it came out at $249, this was 12? years ago.

 

[R-T-B]

https://consensys.net/knowledge-base/ethereum-2/faq/
This is very interesting too R-T-B

https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos

Does seem very possible that ETH miners are/have bought tons on new 3xxxx GPU's

Thanks. Guess my knowledge on this is dated. I retract my comments re tweaktown.

 

[dragontamer5788]

Personal Saving Rate

Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to Feb 2024 about savings, personal, rate, and USA.

fred.stlouisfed.org

At least in the USA, the pandemic has caused a huge pileup of money this year. People are cancelling vacation plans and other large purchases in very large numbers, the likes of which we haven't seen since the fed started tracking the personal-savings rate. The personal-savings rate of Americans is literally the highest it has ever been for over 50+ years (spiking to over 30% when the pandemic started, and even today is holding firm well above 10%).

Ultimately, GPUs and video games (in general) are pandemic-safe ways to play and socialize. So it makes sense to spend the money saved on this.

 

[yotano211]

Personal Saving Rate

Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to Feb 2024 about savings, personal, rate, and USA.

fred.stlouisfed.org

At least in the USA, the pandemic has caused a huge pileup of money this year. People are cancelling vacation plans and other large purchases in very large numbers, the likes of which we haven't seen since the fed started tracking the personal-savings rate. The personal-savings rate of Americans is literally the highest it has ever been for over 50+ years (spiking to over 30% when the pandemic started, and even today is holding firm well above 10%).

Ultimately, GPUs and video games (in general) are pandemic-safe ways to play and socialize. So it makes sense to spend the money saved on this.

For the people that still have jobs. For the few people that have any kind of emergency savings its all used up. Millions of younger people are moving back-in with their parents.

 

[dragontamer5788]

For the people that still have jobs. For the few people that have any kind of emergency savings its all used up. Millions of younger people are moving back-in with their parents.

That's true. This is an aggregate statistic and doesn't necessarily match anyone's personal situation.

The hospitality sector has been hit hard: without people spending money on flights, vacations, hotels, restaurants, plays, movies, or performances, all of those jobs are doing poorly. The personal savings rate doesn't really see individuals (or even large groups of individuals: like the entire hospitality sector). But that's the fault of any aggregate statistic: you lose the ability to see the trees for the forest, so to speak.

 

[yotano211]

That's true. This is an aggregate statistic and doesn't necessarily match anyone's personal situation.

The hospitality sector has been hit hard: without people spending money on flights, vacations, hotels, restaurants, plays, movies, or performances, all of those jobs are doing poorly. The personal savings rate doesn't really see individuals (or even large groups of individuals: like the entire hospitality sector). But that's the fault of any aggregate statistic: you lose the ability to see the trees for the forest, so to speak.

Some faults are with people. Statistics show that most people dont have enough money for a major car repair of $700-$1000.

 

[TheEndIsNear]

If true selling 179 million dollars worth of GPU's to miners pisses me off. They are going to get profitable again in mining. This is a bit extra long for being out of stock all the time. I'm not buying demand and scalpers. I wanted a 3090 but I'll probably just wait till the top of the line AMD card gets released. You can't even find their CPU's anywhere along with their video cards. Probably doing the same thing or not enough Fab capacity with all of it being taken up by this crap. Don't market your card as a gaming card if you sell them all to miners.

 

[bonehead123]

Hi guys,

I'm just trying to understand/figure out why all recently released high end GPU's are out of stock?

Has it got something to do with COVID, supply & demand, not enough production numbers, more PC gamers or something else?

I cant remember the last time recently released GPU's were this hard to find from both camps. Its driving prices up too. Is this going to be the norm for latest released high end GPU's?

Was looking at getting myself an Xmas present but not sure it gonna happen : (

Please enlighten me...

They are NOT out of stock, it's just that all of the mfgr's have banned YOU from buying one, because they knew it would piss you off and make you come here & ask these silly questions, hehehe

Just kidding.... as already stated, the lack of proper supply build-up prior to release, plus scalping, are the reasons....

Please consider yourself enlightened..... feels great, doesn't it ?

Also, for future reference, please remember Gen. Patton's famous WWII quote:

"history teaches us that history teaches us nuthin"

 

[Sovsefanden]

Mining on GPUs is dead for some years. About ETH 2.0, I dont think anyone knows if ETH 2.0 can be mined on GPUs for ASICs for profit.

You are wrong.

Ethereum 2.0 made GPU mining relevant again and miners are gearing up for the december launch.

Google it. Ampere is actually very good for Eth 2.0 mining, especially 3060 Ti and 3070 with undervolt + underclock.

 

[purecain]

Bots are being used to buy up (scalp) the lot. Then the limited stock is sold on ebay for a premium. Its everything new from cpu's to trainers to the latest consoles. Its a pretty low way of making money if you ask me. A lot of people cant afford the premium. Lets all pray for available stock by February.

 

[swirl09]

Has it got something to do with COVID

It has a lot to do with COVID. Whether its lost production time from lockdowns, or more people WFH needing tech for work/play, or funds that might have been typically used for going on a holiday instead going to things they can use at home. It all connects back to COVID.

 

[nguyen]

Well for my country at least the Ampere launch has way more stock than during Turing. This is my favorite retailer website:

RTX 3080 10GB - Tân Doanh

Mua RTX 3080 10GB tại Tân Doanh ✓ Giá tốt ✓ Nhiều khuyến mãi hấp dẫn ✓ Thanh toán dễ dàng ✓ Đổi trả linh động

tandoanh.vn

Getting myself an Asus TUF 3090 OC with waterblock in a few days...

 

[purecain]

I'd buy which ever is available at the high end.. You can not get anything in the UK atm. CPU's and GPU's are non existent in the usual places at retail prices.
Its sad for the consumer this time around. Hardware launches are something that most of us look forward to. With covid happening everything seems to be slowing down.
I just hope things improve early next year.

 

[Outback Bronze]

Lets all pray for available stock by February.

I'm was hoping it was gonna be earlier than that dude.

Maybe I was being too optimistic : (

 

[Caring1]

I'm was hoping it was gonna be earlier than that dude.

Maybe I was being too optimistic : (

I guess a lot of people were hoping for some decent stocking stuffers.