Youre pretty bullish on these GPUs. Are you building a rig? I've considered just buying a hobby mining rig. BTC just got a $30k (50% drop) haircut on that Tesla news but it's still $35k+/coin. Then again, I have a rule about catching falling knives. I don't have the room for anything bigger than a single rig. It's like having a washer/dryer running 24/7. Like I said before in this thread, the carbon footprint from the equipment and power usages makes these coins almost a break-even deal. ETH may be a more profitable currency but the sun is setting on ETH mining. The GPU and PSU shortages are not the end of the world. It's just ridiculous demand right now. That should settle in a few months. I was checking on the Whatsminer M31S for BTC.
I'd like to build a new gaming pc, but the gpus are impossible to find unless you go on Amazon a d pay 2x retail. I'm going to get a 3090, and they are selling on Amazon for $4200 plus each. Crazy. The most it should be is about $2400 max.
It's been this way since they came out last year. It's been out since around September and retail should be more like $1500. So prices now are 3x.
It's just like lumber prices. Lumber is up 3x now. So a $5000 deck will be $15000 now. People I know wanting to do home projects have put them on hold. Prices on so many things are out of whack now because of the supply problem due to covid.
We want to build a new home, but you'd have to be stupid to build now. Lumber alone has driven up the price of the average new home by $45,000. This is stuff you don't realize until you try to do it. If you're not looking to build a house or gaming pc, everything is just fine. The price on a home we want to build is inflated more than $100,000. I talked to several builders and they all confirmed the crazy pricing. Existing home prices are up too, but new prices are up more than $1000,000 over even that. It's a very very bad time to build.
So for now it's a waiting game. Waiting until things get corrected. Patience! With my heart problems, I'd like not to wait too long because I don't know how much time I have. I've got a bit more urgency than most.
Just frustrating for millions of people like me that have things we want to build but can't. With homes, I'm hoping interest rates go up soon and force more people out of the market. That will bring down demand more and prices. Supply of materials and labor hopefully get back to normal. Finding the craftsman to build a home is a huge problem now as well. You just can't find enough. Many problems building a home.
A recession may very well be on its way too, and that will bring down the price of building a new home. Should affect all pricing. We made out great back in 2008 when we built this home.