Hey guys I know GPU Mining is dead and since then I'm investing what ever I make into GPU since their cheap now for example 3060 ti/ 3070 for $170
Would you think in the long term they will at least 2x their current price or keep going down? I'm having faith in the next bull run that they will go up in price and I could sell them for a profit
Tell me your expectation and strategy
as you know new gpu still quite expensive but definetly going down because recession + oversupply, and miner dumping used gpu to market, its like flooded with gpus, even selling at cheap, only few people wanna buy,Would you think in the long term they will at least 2x their current price or keep going down? I'm having faith in the next bull run that they will go up in price and I could sell them for a profit
Tell me your expectation and strategy
new tech will come up in end of 2024 with gddr7 implementation, if the price still same, its should older gpu become cheaper. but at that time interest rate should be lower and economics already recover. more likely next year
you can sell gpu at profit. last time i sold my gpu that almost 5 years old, profit almost twice lol
