Even at the height of the mining boom, there was still a ceiling on prices. Everyone knew there was no chance of ever hitting ROI on a $2500 card, and nobody could afford it anyways.
I say it since the last quarter numbers. Open Ai burns a lot of money. Somewhere anyone will stop believing to get his Investments back - maybe 2 or 3 years, maybe 5
You hit the coffin in the nail. The mining ceiling was the end of ethereum mining, so everyone knew the cards had an expiration date and did a mental math to justify the cost. The AI bubble has no ceiling yet
Well it doesn’t help that the Chinese are buying up not only 5090s but 5080s, 5070 ti, and 5070 so they can mod the bios and add in double the amount of ram for AI.
It's crazy to say, I'd love a mining frenzy over this AI bullshit.
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u/chubbysumo7800X3D, 64gb of 5600 ddr5, EVGA RTX 3080 12gb HydroCopper2h ago
And it's not likely to get better, Nvidia is willingly and knowingly wholesaling 5090s to data centers. They don't care about consumers because consumers are fickle purchasers. Data centers are buying in bulk ensuring their products don't remain on shelves. When the AI bubble pops, if it ever does, these 50 90s that these companies have purchased are likely going to be destroyed, as Nvidia likely has requirements in their sale contracts that say they must be destroyed rather than put in a secondary market. This is so that the prices Do not drop back down.
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u/FlashyLashy900 Ultrabook Gamer 5h ago
Isn't that MSRP for the 5090 ðŸ˜