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Forums - Gaming Discussion - GPU prices more than double as cryptocurrency craze accelerates

Eh, I've got my 1070 mining some altcoin right now. Might as well make some extra cash on it, my electricity is cheap, and we need heating anyway lol.

Though I didn't buy my 1070 for that purpose, which is the difference.

The thing is though... when you can make 500$ a year with a GTX 1070 from basically doing nothing, ofcourse people will be willing to pay more than MSRP for it. It won't change unless cryptos die, all algorithms are asic'd, or Nvidia and AMD all of a sudden were to flood the market with GPUs (against their interest, they make money of this lol).



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Bristow9091 said:

"is currently being sold online for $1,350 - more than twice the MSRP of $700."

... Whoever wrote this article needs to go back to school and learn basic maths o.O

Was going to post this.

Shocking level of maths fail



Bristow9091 said:

"is currently being sold online for $1,350 - more than twice the MSRP of $700."

... Whoever wrote this article needs to go back to school and learn basic maths o.O

He is using all his processing power to mine....



Why not check me out on youtube and help me on the way to 2k subs over at www.youtube.com/stormcloudlive

RIP PC gaming. Looks like I'll be stuck with my 1060 forever. The Mr. Robot scenario is happening, cryptocurrency is taking over.



bubblegamer said:
numberwang said:

But le crash

Crash my ass. I'm making close to 50 dollars every day in this crashed market hehe.

 

This makes console gaming that much cheaper lol, poor pc elitists.

Ye great time to invest in console gsming. Getting so cheap. 

Chazore said:
Kerotan said:

The bubble popped recently but it's stabilising again. It will grow gradually again though. This ain't going away anytime soon  

It's also not going to be around forever either though. 

You dont know that. The day we die it will probably still be around. 



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Ganoncrotch said:
Bristow9091 said:

"is currently being sold online for $1,350 - more than twice the MSRP of $700."

... Whoever wrote this article needs to go back to school and learn basic maths o.O

He is using all his processing power to mine....

Literally all of it



Kerotan said:
bubblegamer said:

Crash my ass. I'm making close to 50 dollars every day in this crashed market hehe.

 

This makes console gaming that much cheaper lol, poor pc elitists.

Ye great time to invest in console gsming. Getting so cheap. 

Chazore said:

It's also not going to be around forever either though. 

You dont know that. The day we die it will probably still be around. 

Nothing lasts forever either, unless it's made of a material that decays far slower than others. 



Step right up come on in, feel the buzz in your veins, I'm like an chemical electrical right into your brain and I'm the one who killed the Radio, soon you'll all see

So pay up motherfuckers you belong to "V"

bubblegamer said: 

This makes console gaming that much cheaper lol, poor pc elitists.

Good thing those that pay for high end hw are still doing so  



Step right up come on in, feel the buzz in your veins, I'm like an chemical electrical right into your brain and I'm the one who killed the Radio, soon you'll all see

So pay up motherfuckers you belong to "V"

This is the reason why console prices are not dropping and won't for a while, component prices are thru the roof for memory and gpu's, even older ones.



Good there are no GPUs worth buying right now.



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