this post was submitted on 19 Jun 2023
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Nah. This happens every few years, has been since 2014. Buy a GPU before they rise up and use all of our electricity again. An new SBF will crash it sometime.
there are no more notable projects that rely on GPU mining. you should be more worried about taiwan getting invaded.
What is keeping prices high now is particularly nvidia but also amd transitioning more to an AI/ML pro/server/datacentre market, consumer GPU's are not a big let alone majority of the pie. They're simply not making enough consumer cards and don't care that very little cards are sold because they're getting ludicrous prices on what does sell. intel gen 2 needs to be good in the mid range to provide competition again, the problem is a distinct lack of competition.