Can I buy a GPU yet?
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canibuyagpuyet.xyz
Just think of it like a really slow but never ending rebate. And if enough people do it, we'll even have a chance of lowering the overall profitability.
https://en.wikipedia.org/wiki/Tragedy_of_the_commons
For your argument to make sense, a single farmer's decision would need to have the ability to change the outcome, and it doesn't.
Otherwise not doing this makes about as much sense as cleaning a cup of coffee to save and orphan from a shark.
Further scale provides efficiency. If only 1/10 as many people use gas powered cars then gas stations become harder to find pushing more people to electric cars. Similarly as more people go off grid staying on grid becomes more expensive pushing ever more solar adoption.
The 1060 6GB won't be worth $500 forever - in about a year, I'm guessing Nvidia and AMD will have stepped up their production and the price will have halved or less.
You'd probably make closer to £70 with your CPU thrown in, but it's all a gamble.
Long-term might not be so bad, though, as it padded Nvidia and AMD's bottom line and thus might indirectly help them make better GPUs in the future.
We're used to the opposite in computer technology. It really is odd that price/performance has stagnated or even worsened for years.
The fact is that there aren't any cryptocurrencies that are well tested and widely distributed that can handle any significant usage cheaply and quickly. There are some very promising options, but none that are fully ready for primetime in my opinion.
Still, I wasn't trying to start up the argument about transaction fees again, just pointing out that they are at a 12 month low right now in bitcoin. And the comment that was implying transaction fees are really high right now is outright false.
Sorry, that is bullshit. See https://bitinfocharts.com/comparison/bitcoin-transactionfees...
It's like me saying "The cost of electricity is lower than ever" then you show a graph showing the average electricity bill is $800, but don't include the information that it includes the aluminum forge down the street...
The correct graph to look for is "satoshi per byte that will get you into the next transaction". And while i'm sure you can find dates and times in the past year where it's been technically cheaper, the reality is that right now it's about as cheap as you can get to transact in bitcoin (5 sat/byte fees are going in the next block currently, it generally doesn't go much lower because many miners won't include fees below that). That hasn't reliably happened since early 2017.
https://blockexplorer.com/address/1HKsanBZFom6WL4cGDtKPF9NTo...
I'm guessing the price on Newegg is past what a miner would pay for a card.
If you've got a price API I can hit from JS, then I'll add something that checks if a 1080ti is above $1000.
I really didn't expect this to get votes - I threw it together in 5 minutes!
EG: https://camelcamelcamel.com/Gigabyte-Geforce-GDDR5-Graphic-G...