Used GPUs flood the market as Ethereum's price crash below $150

premature in my opinion, Ethereum mining is still profitable even at that exchange rate in most cases. Personally I predict it bouncing back. I'm holding on to my 0.2 eth
 
This might put off a few individual people mining, but it might actually hurt more in the long run. Large mining companies will just add more systems to their fleet to compensate.

The only real way to turn off miners is for GPU manufacturers to release really high TDP cards that make it totally not worth mining. That would only add a few dollars per year for enthusiasts, but totally turn off the mining market.
 
Not entirely true... There are many reasons to not be happy as a manufacturer. Go onto GN YT channel, they had a video about it how companies feel about this mining craze.

Oh yeah that completely slipped my mind! Having too much stock going nowhere and RMAs etc. Good reminder thanks
 
As a GPU noob, but someone who's fascinated by this sort of market effect, can anyone suggest a search term (GPU model number) that I could throw into camelcamelcamel or a similar price-tracking search engine?

I'd like to produce a graph to hold against the Eth price graph and see the trends alongside each other, which I think is the point the author was trying to make but didn't produce the data to show it.
 
As a GPU noob, but someone who's fascinated by this sort of market effect, can anyone suggest a search term (GPU model number) that I could throw into camelcamelcamel or a similar price-tracking search engine?

I'd like to produce a graph to hold against the Eth price graph and see the trends alongside each other, which I think is the point the author was trying to make but didn't produce the data to show it.

You can just go to the manufacturers website and find any model number you want and then plug that into your search.
 
oooh snap. My colleague just told me hes lost out on approx 90,000Nok with this crash. He tried to ride it out but now its fallen again its big time losses for him. I guess thats just under 11,000dollars
 
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Depends what you consider "normal"...
I think prices will drop alot... The used market will be so flooded for a while, I think ppl will tend for used 2x RX 480/580 for less than 300$ for a while...
This will be a great time for budget pcs... To bad Intel is trying to remove the g4560 from the market...
Still, i guess R3 1200/1300/i5 7400 with a rx480/580, would be a great combo for a "budget" pc...

Just search for RX 480 - RX 580, those were the ones who sell the most in this bubble.
 
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This might put off a few individual people mining, but it might actually hurt more in the long run. Large mining companies will just add more systems to their fleet to compensate.

The only real way to turn off miners is for GPU manufacturers to release really high TDP cards that make it totally not worth mining. That would only add a few dollars per year for enthusiasts, but totally turn off the mining market.

That won't work.
Ethereum was designed to be mined via what a typical consumer GPU could do at the time. To make it accessible.
And the GPUs have only gained more performance in those areas since then.

A new currency, or a fork of one could easily target any computation as required, such as the CPU.
As we saw, it was purely market forces that drove GPU prices back down.
Not the designs of the cards in any way, which are still going to be "just better" at what they do now.
 
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