News GPU Oversupply Spills Onto the Streets in Vietnam

[bit_user]

Мaybe in Vietnam is last real free market is the world? All other markets are corrupted.

You know they still have a Communist government, right?

 

[George³]

You know they still have a Communist government, right?

What is the problem. I wrote for the market not for a government.

 

[WINTERLORD]

Really what I think is going on here is there breaking the cards down for rare earth metals that would explain the prices not crashing and selling by the pound/kilo

You'd not see that in the states but where labor is cheap like Vietnam might make some sense

 

[bit_user]

Really what I think is going on here is there breaking the cards down for rare earth metals that would explain the prices not crashing and selling by the pound/kilo

Um, just how rare do you think those are? And how much of them do you think GPUs have?

If you break a GPU down into its component metals, you probably get about $5, maybe $10 of scrap. And that's being generous.

You'd not see that in the states but where labor is cheap like Vietnam might make some sense

Most e-waste is worth so little you actually have to pay people to take it. These graphics cards are worth far more, in the used GPU market.

Now, what I could certainly believe is that some Nvidia RTX 2000 and 3000 models - basically, anything with Tensor cores - have gotten drafted into service processing AI inferencing workloads. It's not going to be as profitable as crypto-mining, but I'm sure miners are setup to do inferencing at a lower cost than any conventional datacenter.

 

[Chung Leong]

Any story that's trending is all likelihood fake news. Real news don't trend because they involve probable events, which precisely due to their frequent occurrences generate zero interest.

 

[bit_user]

Any story that's trending is all likelihood fake news. Real news don't trend because they involve probable events, which precisely due to their frequent occurrences generate zero interest.

Uh, well news is almost by definition that which is atypical. So, there are certainly news stories that are unusual and surprising, but very much true.

But this was a publicity stunt.

 

[escksu]

Haha, its hilarious!!

 

[Chung Leong]

Uh, well news is almost by definition that which is atypical. So, there are certainly news stories that are unusual and surprising, but very much true.

No, that's the definition of newsatainment.

 

[chibiwings]

this is BS or just for Gag meme Articles. GPU prices here in Asia barely moved. its still very HIGH

 

[brian532]

From one of Vietnam's largest online electronic store websites, a 2nd hand 3080 from previous gamers (who bought 4090s, not used for mining) is now being sold for ====

I doubt many resellers ever say, used gpu for sale, overclocked 24/7 for the past year in miners rack.

 

[Exploding PSU]

This reminds me of that one time I came across a dealer who sold old CPUs by the kilos. By old I meant 386/486 era CPUs up to 2008 era Pentium. Granted, they were mostly broken and was sold for their gold contents (so I heard). I managed to snag a CPU for the cheap, a Pentium E5500 (I think) for the equivalent of half a dollar. I didn't know what motherboard that CPU slots into so I just turned it into a keychain.

 

[thisisaname]

Any story that's trending is all likelihood fake news. Real news don't trend because they involve probable events, which precisely due to their frequent occurrences generate zero interest.

Aye click bait gets the clicks and then trends.