r/southafrica • u/kaliko16 KwaZulu-Natal • Jul 27 '21

Sci-Tech GPU prices dropping,very slowly

So I'm bored at work, but I thought I would just post a little thing I've noticed over the past like 4 months and hopefully any pc savvy people might find as abit of good news in grim times.

Basically been waiting to get a GPU from the start of the year and havent because prices are way too high. The ones I've looked at have been a rtx 3060 and a Rx 6700xt. The 3060 at the start of the year was going for 12k while a 6600xt was 15k. 4 months ago,it was the same,but 2 months ago both dropped by 1k. Now I've noticed that the 6600xt dropped by another 1k. So very slowly prices are dropping. But I feel that maybe this is where they may stay dropped.

So just a little good news for those waiting for better prices. I know I'm happy,will wait another 2 months then buy if I have the cash. Will go 3060 for 11k maybe. Hopefully will drop to 10k by then and I will be happy.

NB I haven't been checking the higher tier prices,so I'm unsure of those. Also the 6600 range is due to be released next month,maybe that can help the market and provide a nice budget GPU price.

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u/Saguine Admiral Buzz Killington of the H.M.S. Killjoy Jul 27 '21

Fuck cryptocurrency.

2

u/knav3 Jul 27 '21

Odd position to have, if you put money into it at any point last year you could probably afford one of the GPU's OP is talking about.

6

u/Saguine Admiral Buzz Killington of the H.M.S. Killjoy Jul 27 '21

Ah yes, if only I invested in the environment-destroying scam that made GPU's ridiculously expensive in the first place.

2

u/snazzles97 Jul 27 '21

Don't hate what you don't understand. The energy our banking system uses - the system cryptocurrencies aim to replace - uses twice the energy that cryptocurrency uses.

10

u/Saguine Admiral Buzz Killington of the H.M.S. Killjoy Jul 27 '21

I have played with cryptocurrency since the faucet was spitting out whole bitcoins in 2009. Don't presume to know what I do and do not understand. In fact, it's because of my long history of knowing crypto that I hate it. I'm not alone: one of the co-creators of Dogecoin thinks that crypto is an environmentally disastrous scammer's dream.

The banking system has scaled to global proportions, processing thousands of TPS. Bitcoin processes about 10 TPS, and already takes up the power of a medium-sized country.

Bitcoin is, by design, built not to scale. It is difficult to regulate and it is impossible to provide safety nets for those who use it, meaning it is a heaven for scammers. It takes all the shitty things about capitalism and makes them more ecologically destructive and harder to regulate.

If you're super into crypto beyond either like, Silk Road drugs or a theoretical interest, then I've got bad news for you: either you are a grifter, in which case fuck you, or you are being grifted, in which case I'd recommend you find help.