AMD announces 150$ R7 265 Gpu

[Rychussnik]

Soleron said:

Solid-Stark said:

...

He means the higher end cards are much more expensive than they were a while back. 280x was about $299, now it's $549

I've heard that they're being bought up for Litecoin mining.

The number of high-end GPUs made is actually quite small, and people buying in bulk could easily exhaust supply.

what the heck is litecoin mining?