Looks like we know who sent back 300k of GPU's now LOL.

Meanwhile, graphics card prices are still near double what they should be. A low end GTX 1060 3GB is $250+ should be $149 by now ($179 at launch).

They are simply priced too high for demand. The 1080/1070's released over 26 months ago, and the 1080 ti released 14 months ago. The used market is flooded with cheap mining cards and obviously, some purchasers are ok with the risk-reward of buying one locally or off sleeze-bay. Otherwise, you are still paying hundreds over original MSRP at Newegg etc. This whole video card pricing rollercoaster has left a very bad taste in my mouth for Newegg, Amazon, Nvidia etc. I used to love opening a new Newegg ad. Now, as I'm opening it, I'm uttering FU Newegg under my breath,

The price won't go down fast , they got used to make a lot of money per card , so they try to keep the price as high as possible while they still manage to sell them , trust me people buy even @ the price we have now , so if we want the price to drop even lower people need to stop buying gfx's card's.

I'm surprised how many people on ebay are selling their used GPUs for so close to the MSRP. Spend an extra $20 or so and you can buy the same thing but brand new. It'll be interesting how cheap these used GPUs get once the market is so over-saturated with them. Right now, I'm sure the remaining serious miners may be buying some of these used models, which is what's keeping the price up. But eventually that's going to stop. By the time the price of the used models gets low enough, I'm seriously considering buying 2 or 3 GPUs. Might be good for something like a multiplayer gaming rig.

We mentioned a global drop in demand already, now things solidify as a surge in cryptocurrency mining demand is dragging down Gigabyte Technology's graphics card shipments in the second quarter, which are set to fall about 20% sequentially with average selling price (ASP) for such cards dropping 10%, according to the company.

Surge? Surely you mean slump HH.

Yep, I am hoping to buy a new GTX 1080 Ti 11GB, or the like, for $99.99 in a year or so. 😛

Thats nowt compared to PowerColor 😀

All they have to do to stop the mining issue is make dedicated cards for mining only, dont allow gaming gpus to do mining... PROBLEM SOLVED! Thats what firepro cards are for right?! Video editing and compression they specialize in it! They already have options to choose to set it to graphics or computing. But they are making so much money off the price hiking they wont stop. Video card manufacturers should be held accountable just like the memory companies just got sued for 8 billion dollars for doing the same thing! These big companies love the high demand and low supply allows them to charge whatever they want cause they know people will buy it. Plus they are not coming out with another graphics card till next year. They are milking it. Instead of the 1080 price going down they will discontinue it when they release the next card. PC master race is no more, not when consoles play games with a flat rate cost and prices go down for those systems not up! With games being released under developed and the cost going up not down. No wonder they are seeing sales go down.. What genius got paid millions to figure that out. We charge to much for our products and dont lower prices over years, in fact raise prices! hmmmm why are people not buying our stuff!? Stop making gpus do computing/mining. I mean we have server and desktop cpus for a reason right? Why are we not making gpus be the same. Then they can charge miners double and triple for their cards and the gamer market can come back! Want to increase sales fix the mining and gamer gpu sharing issues....

^having them dedicate gpu's to mining solves nothing since it still takes away from available gpu's that could go into gaming cards so u end up in the same situation. The only think Nvidia/AMD could do is not allow mining at the driver level but miners would find a way around this and also why would they try and stop miners from buying their gpu's

icedman:

^having them dedicate gpu's to mining solves nothing since it still takes away from available gpu's that could go into gaming cards so u end up in the same situation. The only think Nvidia/AMD could do is not allow mining at the driver level but miners would find a way around this and also why would they try and stop miners from buying their gpu's

Make different gpus... they use different gpus on the physics cards dont they and dedicate apu cards... why not dedicated hardware for mining... there is a way. They just like the money they are making. Actually it will solve the problem. You just are not thinking correctly.

FookDat:

All they have to do to stop the mining issue is make dedicated cards for mining only, dont allow gaming gpus to do mining... PROBLEM SOLVED! Thats what firepro cards are for right?! Video editing and compression they specialize in it! They already have options to choose to set it to graphics or computing. But they are making so much money off the price hiking they wont stop. Video card manufacturers should be held accountable just like the memory companies just got sued for 8 billion dollars for doing the same thing! These big companies love the high demand and low supply allows them to charge whatever they want cause they know people will buy it. Plus they are not coming out with another graphics card till next year. They are milking it. Instead of the 1080 price going down they will discontinue it when they release the next card. PC master race is no more, not when consoles play games with a flat rate cost and prices go down for those systems not up! With games being released under developed and the cost going up not down. No wonder they are seeing sales go down.. What genius got paid millions to figure that out. We charge to much for our products and dont lower prices over years, in fact raise prices! hmmmm why are people not buying our stuff!? Stop making gpus do computing/mining. I mean we have server and desktop cpus for a reason right? Why are we not making gpus be the same. Then they can charge miners double and triple for their cards and the gamer market can come back! Want to increase sales fix the mining and gamer gpu sharing issues....

Probably because mining only cards would have no resale value to another miner....at least a miner can sell on old gpu`s to gamer`s without having to declare or admit they were used for mining and had the nuts thrashed off them.

airbud7:

I was looking at this one https://www.ebay.com/itm/MSI-NVIDIA-GeForce-GTX-1060-3gb-OC-Gddr5-MINT-in-Box/173383692114?epid=1582100212&hash=item285e792f52:g:GREAAOSwKJ9bNGKt owner says "THESE CARDS WERE NOT USED FOR MINING!" your thought? ebay says $165 for me.

Since they're 1060s, I believe the seller - those weren't as popular to miners. I think that seller has a pretty reasonable backstory. Besides, even if it was for mining, I actually see that as a good thing. Most mining farms invested in making sure their parts ran cool and reliably, so even if they're OC'd, they'd probably in better condition than what you'd get from some random kid who has birthday money to upgrade. So, I'd say that's a decent price. But, being 3GB models, you're going to want to make sure you've got a lot of fast RAM.

AntiSnipe:

Meanwhile, graphics card prices are still near double what they should be.

Well, when cryptocoin values drops even more... let's say to their real value - exactly ZERO - the videocard market will recover. Won't be fun for OEMs when gazillions of GPU's used for mining will flood the 2nd-hand market, but for the rest of us it will be nice. That 1080Ti is waiting for me as well... somewhere ;-)

Well i have had my 1080's for 2 years now and i most definitely will not be upgrading to the Ti versions. 1180 or bust.

FookDat:

All they have to do to stop the mining issue is make dedicated cards for mining only, dont allow gaming gpus to do mining... PROBLEM SOLVED! Stop making gpus do computing/mining.

Since DX10 times, GPU's are all now GPGPU's. We're probably not going back. The hardware wasn't designed for "mining", but it happens to be good for it(and other stuff as well). GPU = General Processing Unit I think gaming cards are to nvidia what typewriters were to IBM in the 1960's. Nvidia seems more interested in AI than games, and I'm sure they smell the money in it.

FookDat:

I mean we have server and desktop cpus for a reason right? Thats what firepro cards are for right?!

They do have server CPU's for a reason, and it's not to prevent people from gobbling up all the desktop CPU's. They have different features to fill a different role, but desktop CPU's can still run the same software. They do have Quadro, Tesla, and FirePro, but Geforce and Radeon can still run the same software. See the problem?

FookDat:

Make different gpus... they use different gpus on the physics cards dont they and dedicate apu cards... why not dedicated hardware for mining... there is a way.

They DO have dedicated mining hardware. When a new coin comes along I think it's faster/easier to start making money using existing GPGPU's, rather than designing a new ASIC or FPGA powered device. At some point bitcoin mining shifted to ASIC's instead of GPU's. The same thing will probably happen with any cryptocurrency that lasts long enough to be worth investing the time/money to produce the ASIC's.

FookDat:

Video card manufacturers should be held accountable just like the memory companies just got sued for 8 billion dollars for doing the same thing!

I think Chinese government has their own agenda(like this and this) in fining RAM manufacturers not related to price fixing - it's not about making your iphone cheaper out of the goodness of their hearts. I see the mining demand as just market forces at work. Demand goes up, prices rise - classic! Nvidia's shareholders aren't in it to give me the cheapest gaming experience possible and just break even. I don't see this kind of action bringing prices down anyway, and it might do the opposite. I'll be as happy as everyone else if prices come back down, but I don't blame the GPU manufacturers or the miners for trying to take advantage of a new opportunity.

airbud7:

I was looking at this one *trim* owner says "THESE CARDS WERE NOT USED FOR MINING!" *snip*

I say, it's still a used 3GB card from some 'guy' on the internet for $5 above the price of a new one at launch that should be $149 new, tops right now. I'd wait. I paid $169 for mine just before (two days before) the prices went insane. Now they want $240+ for used/refurbs. Fu..orget that! The only way I would even think of buying a used card from random ebay guy (and only with a gloriously good seller rating) is if it was way cheap, like $50-75 for a GTX 1060 3GB...I might chance that.

I hope they choke on their overpriced legacy hardware 😀 Seriously, I feel not the slightest of sympathy for the vendors. They did nothing to fight price gauging, everybody was profiting from the mining craze. When people wanted the cards they did nothing to make sure the offers met the demand, and now they don't move from the prices (or lower MSRP to maybe try and have retailers follow). None of them should even say anything about full shelves since they are to blame themselves, GPU manufacturers, board partners, and retailers.

Not only their Graphics Card shipment will drop, because my next Motherboard will NOT be from Gigabyte.

The greed is unreal. Enjoy that unsold stock.

TheDeeGee:

Not only their Graphics Card shipment will drop, because my next Motherboard will NOT be from Gigabyte.

Did you get screwed by one of their scams where their review samples and first batches were different than their "revisions" which used less and shittier parts? I know they did that with motherboard VRMs, GPU memory, coke, hookers, everything. I'm still furious the comically overpriced GTX 970 'G1 Gaming' card I bought used garbage reject Hynix RAM that would clock up to... 1GHz lower than the review samples with higher grade Samsung RAM. I used to buy my motherboards almost exclusively from Gigabyte. They'll never get a cent out of me again.