Post
Topic
Board Mining (Altcoins)
Re: Bad feeling about the mining profit of incoming Intel Arc GPU
by
OgNasty
on 08/02/2022, 05:43:10 UTC
Intel is the newcomer here and based on those links it doesn't look that promising however to be sure we have to watch them in action,see the hash rate,power consumption and stability of this Arc GPU before jumping to conclusions.In normal conditions when a new competitor wants to enter in a business area he usually brings a better product compared to the competition (if he is serious about his business) and also a bit cheaper just to get the market share.Let's see how Intel will play this game.

True and I do hope they will shake the GPU industry to boost it up, new engineers, new point of view, new vision, technology is constant needing of that.

Else it's funny how NVIDIA CEO reacted to the announcement of this new toolkit, he appear to be scared of this competitor  Cool
https://www.pcgamesn.com/nvidia/intel-one-api-jen-hsun-huang

Does this means that current GPU prices will go down? I hope things get right because even though mining eth is getting harder GPU prices still remains and worst is getting more expensive than it is. Hope things gets better with new competitions like this comes to the market, it will help a lot.

don't hold your breath. Intel will align its pricings to those already existing. Absolutely no reason for them to lower prices. The demand remains high and will continue to be high... The 200/350 eur GPU range is long gone/dead and will never come back. I'm not negative here, just realistic.

I think it will have a major effect on GPU prices, but aftermarket, not retail.  Just the fact that more GPUs will be made available to the retail buyer will mean that the odds of getting one at MSRP will be improved.  Considering MSRP would be a massive discount to what's available today for the average buyer, I would consider that bringing prices down.  As far as them starting a price war and seeing MSRP crumble on GPUs, I would agree that won't happen.  Every GPU on the market is selling instantly at retail prices, so maybe with another major company adding some supply there is hope for us mere mortals to get our hands on a GPU without paying an aftermarket price.