I had seen the billing from distributor for 6700xt and it was a flat 60k for one of the models, cant remember which one. Its not one of the best cards for mining and its still significantly overpriced from the distri bill.
RTX 3060 is at between 40-44k distri billing depending on model.
Anyway the distri was telling me that the shops usually earn only around 500-1000 per card in normal times, so they are trying to make as much as they can out of it now.
I don't believe this claim. We don't know their dealer prices. And we'll not get an honest answer or the info will spread like wildfire which isn't good for their rep or business. Think of it from their perspective. If I want info I'd like them to come from the national distri like rptech since the first one in the line is the one making the most profit. I had a short stint at sales in the past so I know how some things work.
On another note, one of the members here was pointing fingers at me for selling a 2060 at 25-26k....sadly people fail to understand that I too had to buy a card at higher than normal prices to replace the one I sold. So please think before commenting.
That's inevitable. Sellers will keep on getting this said to their faces from people who are desperate for a graphics cards but don't want to pay for it. While I understand their situation, they definitely aren't justified to price troll as the market doesn't revolve around their opinion.
Also I just remembered that you had a 2060 and sold for 25-26k. I've come across people buying lower tier models for much higher. I think it will fetch around 30-35k pretty easily but deal may have to be local.
We'll only notice the price fall only after miners actually start to slowly give up mining. I don't think the price fall on used graphics cards will happen overnight or quickly.
The fact is that no one complains with the coins go to the moon for stupid reasons, but everyone complains when it crashes due to a reality check. The crash is totally deserved.
Only people who invests do that. Look at Twitter. Crypto owners and investors mainly BTC guys are on rage mode lol. Fun watch.
Conspiracy theorists say that Musk is just toying with the market as he knows damn well that people actually look up to and listen to him. They say he wants to buy at minimum low possible.