[HN Gopher] The GPU shortage is over
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       The GPU shortage is over
        
       Author : mfiguiere
       Score  : 19 points
       Date   : 2022-07-01 22:09 UTC (51 minutes ago)
        
 (HTM) web link (www.theverge.com)
 (TXT) w3m dump (www.theverge.com)
        
       | alexklarjr wrote:
       | Last time used mining cards were selling at 20-30% of msrp so
       | just wait till prices go down to the bottom. Pandemic is over,
       | nobody wants/can play games instead of life anymore.
        
         | unethical_ban wrote:
         | I can't tell if you're being facetious or if you think no one
         | games anymore.
        
         | zagrebian wrote:
         | People have played games because life sucks even before the
         | pandemic.
        
       | liketochill wrote:
       | >Reportedly, one big reason used GPU prices are tanking is
       | because crypto miners are flooding the market with cards that are
       | no longer profitable due to the ongoing crypto crash, where the
       | total market cap of all crypto assets has fallen by two-thirds
       | since its peak of $3 trillion last November. (Miners have been
       | switching away from GPUs for some time, though.)
       | 
       | What to do with all that computing power now. I guess AI.
        
         | baal80spam wrote:
         | I'm not an expert but I wouldn't want to buy a second-hand GPU
         | that was stressed by crypto mining.
        
           | jayd16 wrote:
           | I mean, if the price it right, why not? I wouldn't want to
           | pay anywhere near full price, though.
        
         | alexklarjr wrote:
         | >ai sturtups are flooding the market with cards that are no
         | longer profitable due to the ongoing hype fade, now back to VR
         | news...
        
       | chrisco255 wrote:
       | Not mentioned in the article: Ethereum will be transitioning to
       | proof of stake in the next few months and the large majority of
       | GPU-based mining will go away entirely. Probably will be some
       | great deals on video cards later this year.
        
         | alexklarjr wrote:
         | isnt it doing so since 2019?
        
           | ck_one wrote:
           | First test nets have transitioned to PoS already. It's gonna
           | happen soon.
        
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       (page generated 2022-07-01 23:00 UTC)