You really may be waiting a good while. And if a desirable used model is ever a decent price, it’ll be a unit burnt out from mining fake money that’s only used to buy real money or a mail order of LSD.

If many miners move to another cryptocurrency, the difficulty for that network will go up, to the point that it's no longer profitable to mine it (electricity costs exceed income). Unless the price for the cryptocurrency goes up as well, but it won't magically do that just because of an influx of miners. After all, those other networks don't have the utility that Ethereum has.

This. I have a gut feeling that a lot of mining rigs were bought with credit and haven’t paid for themselves yet. Those rigs will find a new asset to mine rather than being dumped. Outlawing mining is the only thing I see that causes prices to move downward

It's incredibly unfortunate that Bitcoin and similar proof-of-work currencies blew up and remained hot commodities. Because I do think that cryptocurrency is abstractly a very exciting idea, but the popular implementations are fundamentally abysmal.

If proof-of-stake works out, particularly as a currency people can actually use, then maybe nobody wants to buy Bitcoin anymore and the whole thing dries up as only speculators are left.

My 970 is still limping along... kinda hilarious that it's paired with a 5950x in my new workstation. I'm impressed it can still play modern games pretty decently on my 1440p monitor although usually I've gotta dial it down to medium gfx settings.

Gonna try to hold out till next gen, crossing my fingers supply issues have been sorted out by then.

I've just looked this up and it's exactly that noise, at least I know what it is now, thanks.