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It's not worth upgrading from one generation to another.
Not to mention the fact that the 4060 is slower and therefore a downgrade compared to the 3070 and surely not worth 500 bucks, the 4070 is around 20-30% faster than the 3070, putting it around the 3080 in terms of performance, but also not worth it.
You need atleast around 800 to 1000 bucks (4080, 7900 XTX) to get twice the performance of your 3070.
This, if you want to upgrade from your GPU.
This is why I insisted on 3080 10GB and 3080 Ti 12GB (they later released 3080 12GB as well)
I would just sell the 3070 now while you still can get something decent for it.
I was having a 1080, this one was an upgrade. The 3060 would have been enough, but i forked that extra dough for a 3070.
I don't usually sell those. I keep them, replace parts in the computer i'm using and eventually, i make a new machine i plain sell. Which... amounts to the same thing.
Buy yeah, i'll hold on for a new gpu.
Intel I5 130600k
RTX 3070
32gb DDR5 6000mhz
SSD