Nvidia reportedly goes to TSMC for both next-generation GPU architectures.
Nvidia Taps TSMC's 5nm for RTX 40-Series GPU Architectures : Read more
Nvidia Taps TSMC's 5nm for RTX 40-Series GPU Architectures : Read more
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RTX 4090 Out of Stock Before You Buy SCALPER Edition - Jensen Signed.Out of stock already...
Take a deep breath. It'll be all right.due to scalpers and climate destroying cryptocurrencies, that’s unfortunately not happening.
Scalpers don't decrease the overall supply of cards: they actually increase the ability of consumers to purchase products
As for the ludicrous hyperpole of "climate-destroying cryptocurrency", I'll merely point out that these cards consume electricity whether they're in a miner's rig or in yours. At least in a miner's rig they're doing something arguably more productive than simply generating prety pictures.
RTX 4090 Out of Stock Before You Buy SCALPER Edition - Jensen Signed.
Of course it does. You can purchase all these cards today -- if you're willing to pay fair market price. Without the scalper, your only hope is to win the card lottery.You keep repeating this whole fair-market-value mantra like a holy chant, but [scalping] does not increase the ability of consumers to purchase products.
No, they're not worthless to me. I'm simply trying to get you to understand that crypto mining may be worthless to you, but it's not to others. To each their own. Making decisions about which activities of others are "worthwhile" and which are not is a slippery slope which ultimately leads to authoritarianism. From the gist of your other remarks, I believe you understand that yourself, so I won't preach further on that topic.Those "pretty pictures" may be worthless to you, but to others they are not.
The value of crypto is not because it is "worth" money, but because it, as a medium of exchange with benefits above those of government-issued currencies, adds utility to the global economy. That may be a difficult argument to swallow for those of you who have lived your entire lives in the US or other reasonably-laissez faire economies; but it is still correct. As just one small example a couple years back, when the citizens of Venezuela were having their lifetime wealth destroyed in a hyperinflationary spiral and their government essentially banned foreign funds transfer, crypto was the only escape for many of these people.Yes, crypto is worth money but is that the only standard by which we judge the worthiness of something?
"Fair" market value is only defined by the supply created by scalpers. In the absence of scalpers, the "fair" market value would be the MSRP, which is why it's called Manufacturers' Suggested Retail Price.Scalpers don't decrease the overall supply of cards: they actually increase the ability of consumers to purchase products -- if you're willing to pay fair market value. (when "fair" is defined in proper economic terms, not a manufacturer's MSRP.)
Mining rigs typically run 24/7 with overclocked cards if possible, and several if not hundreds of these overclocked cards, all using maximum resources. To compare this with the average consumers' single card, which idles at an average wattage/temperature and only jumps up when running games/resource intensive games is an abysmal comparison, even when excluding cooling and other costs.As for the ludicrous hyperpole of "climate-destroying cryptocurrency", I'll merely point out that these cards consume electricity whether they're in a miner's rig or in yours. At least in a miner's rig they're doing something arguably more productive than simply generating prety pictures.
Cryptocurrency, as a medium of exchange, is only useful to the extent of which it can be exchange for real (fiat/commodity) currency and/or the amount of businesses that accept cryptocurrency as a form of payment.The value of crypto is not because it is "worth" money, but because it, as a medium of exchange with benefits above those of government-issued currencies, adds utility to the global economy. That may be a difficult argument to swallow for those of you who have lived your entire lives in the US or other reasonably-laissez faire economies; but it is still correct. As just one small example a couple years back, when the citizens of Venezuela were having their lifetime wealth destroyed in a hyperinflationary spiral and their government essentially banned foreign funds transfer, crypto was the only escape for many of these people.
Of course it does. You can purchase all these cards today -- if you're willing to pay fair market price. Without the scalper, your only hope is to win the card lottery.
Even without the emphasis on "suggested" price, your statement is incorrect. Fair market value is the price which exactly balances supply and demands. Product shortages only occur when prices are below this fair value. And, in general, scalping can only exist around some form of price controls, usually government-implemented, but in this case due to supplier's desire to avoid being portrayed as profiting from Covid-induced shortages.In the absence of scalpers, the "fair" market value would be the MSRP, which is why it's called Manufacturers' Suggested Retail Price.
You miss the point. Every last watt-hour your gaming card consumes is wasted entirely. Wherease every watt-hour consumed by a mining card generates value in maintaining a blockchain.Mining rigs typically run 24/7 [all] using maximum resources. To compare this with the average consumers' single card....
Of course. That was implicit in my original statement. The point is that enough businesses and individuals now accept crypto that it does have value as a medium of exchange, even were it not freely convertible into fiat currency.Cryptocurrency, as a medium of exchange, is only useful to the extent of which it can be exchange [sic] for real (fiat/commodity) currency and/or the amount of businesses that accept cryptocurrency
Well, the argument has gone from the false "scalping reduces supply" to the slightly-less false "scalping doesn't help supply". Progress of sorts.If there are 1000 cards available, only 1000 people can purchase them, regardless of whether it's via scalper, or via card lottery.
The so-called "scalper" brings value to the system. By acquiring goods and reselling them at fair market value, they erase the shortage. Consumers can again purchase the products they desire, as long as they're willing to pay that price. Those of you who believe you have a god-given right to "suggested" MSRPs are aggrieved by this, but no amount of whining can wish away the basic laws of economics. If prices are too low, shortages will exist. Period. And history has long taught us that producsts -- especially nonessential luxury consumer goods such as add-in graphics cards -- are best allocated to those willing to pay the most for them. Imagine if Ferrari set an MSRP of $10,000 for their latest 488 Spyder. How quickly do you believe they would sell out, and what percentage do you think would wind up being "scalped" and resold at a fair higher price?
The clinging to the "scalpers bring good" is the economic equivalent of religious fanaticism. It's a dysfunctional worship of laissez-faire economics, and embraces economic harm as good.This is the most ridiculous thing I've ever read and I'm have an Econ minor. Scalpers bring nothing to the table other than artificially affecting supply for their own profit. Just because it doesn't always work out doesn't mean they don't artificially affect supply, they do. If the scalpers didn't exist and supply out stripped demand the manufacture sees the same benefit. The primary beneficiary of scalpers is consumers with higher disposable income since instead of having to wait like everyone else, they can buy from the scalper at a higher price, but the manufacture does not benefit from this and it does not ease the shortage as the manufacture has already created those units, the scalper isn't creating additional units. Like wise, if a scalper miss judges and buys a tone of units of a product that is over supplied the effects on the manufacture are typically moot as the scalper will likely sell under MSRP to get out of a bad position and recoup some of their expenditures, thus lowering demand again on the manufacture. Again the manufacture doesn't benefit from this action.
I'm sorry, but there is absolutely zero benefit to scalpers being in the system.
And your professors are rolling over in their graves now, certainly. When I taught college courses, there were always students you couldn't make see the noses at the ends of their faces as well. You learn to live with it eventually, but it still remains galling.This is the most ridiculous thing I've ever read and I'm [sic] have an Econ minor."
Yes. I do believe you're starting to get it. And why is this true? Because, the scalper only makes a profit if the product sells. If no one can afford it, the scalper must lower his price.Somehow, no matter how high prices are jacked, someone in need of a product will always be able to afford it at the time they need it
Uhhh... nope. Scalpers are still a thing. If you want an idea of where prices would be minus scalpers, you need to look at the prices Newegg is selling cards for during their daily shuffles. 3060 12GB cards are in the mid 400's. That is comfortably above the original MSRP, but that is no where near the $800+ they are typically selling for on Ebay right now. 3070Ti's are in the $800 range on Newegg. They're selling for $1200+ on Ebay. The prices Newegg are selling cards for indicate it isn't Nvidia/AIB's jacking prices up ridiculously. AMD has more or less given up on selling GPU's. It's rare to see them in shuffles. If Newegg can't get them, they aren't out there for end user consumption.nice and eloquent discussion, but lemme just add that scalpers are mostly gone from the GPU discussion now, and left the chat many months ago. they were involved at the beginning, when Nvidia launched the 3080, but the whole chain was very quick to raise their prices substantially.
first the retailers didn't want to sell at 800 if they can easily get 1200-1300, then AIB partners reacted the same way, why would they let retailers get away with huge profits, and then nvidia of course. nvidias gaming segment profits, recently published, are very clear evidence, but both retailers and AIB manufacturers admitted to their role.
Can you elaborate on why it is "best" that those willing to pay the highest price get a graphics card? Instead of say, those that are particularly patient/diligent (e.g. continuously monitoring for new stock), or those that are simply lucky (e.g. winning Newegg shuffle or similar).but you won't find a single publishing economist today that doesn't agree that luxury consumer goods are best allocated to those willing to pay the highest prices for them.