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

"One AMD card's street price has tripled to $1,500 but pre-built system vendors unable to match price

GameSpot reports that as awareness spreads of how high-end gaming GPUs can be used to mine digital currencies such as Bitcoin, sales are driving prices double, sometimes triple the retail price.

In a comparison chart, the site shows that cards such as the GeForce GTX 1080 Ti - Nvidia's flagship among its range of gaming GPUs - is currently being sold online for $1,350 - more than twice the MSRP of $700.

AMD has also been affected, with the Radeon RX Vega 64 tripling in value from $500 to $1,500. The site also reports many of these cards are sold out at most retailers."

 

http://www.gamesindustry.biz/articles/2018-01-25-gpu-prices-more-than-double-as-cryptocurrency-craze-accelerates

 

Another good article comparing MSRP to the street price of various pieces of hardware.

 

https://www.gamespot.com/articles/psa-do-not-buy-a-graphics-card-today-thanks-bitcoi/1100-6456292/?ftag=GSS-05-10aab8d&utm_campaign=trueAnthem%3A+Trending+Content&utm_content=5a68b80e4b73850008a0e61f&utm_medium=trueAnthem&utm_source=facebook

 

Note: this is from a week or 2 ago and prices have dropped slightly since..

Last edited by Kerotan - on 13 February 2018

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I wanted a 1060 6gb and sell my 970, no chance now the 1060 is almost £400 not a good time to be looking into pc gaming imo.



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This is madness! Stop the mining!!!!



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Reached PC master race level.

As cryptos grow in populatiry and value, they will demand more and more miners, so expect the prices of hardware and electricity go up on the next years.



I'm kicking myself for not buying 1060 a year ago, but my 960 is still a beast



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They need to start making dedicated cards for mining only. This way it wont effect gamers.



I wonder if all that mining is representing a significant blip on energy usage by now.

Uhh that doesn't look good
https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change
One Bitcoin Transaction Now Uses as Much Energy as Your House in a Week

Humans, always finding new interesting ways to waste more energy. True entropists. (should be a word)



I can't wait to see the bubble pop, and all those who invested into the mining process losing it all.

Good thing I bought my 1080ti when I did, as well as still having my GTX 980/680 cards too.



                                       

deskpro2k3 said:
They need to start making dedicated cards for mining only. This way it wont effect gamers.

They already have, it's just that miners are a very greedy bunch and they'll snap up anything and everything. 

http://www.extremetech.com/computing/251725-gpu-manufacturers-building-new-cryptocurrency-specific-mining-cards

Currently there is no law in place to stop retailers from selling to miners more than general consumers. Nvidia has asked some retailers to stop, but in all honesty, why would they stop?, they are the ones making a killing from it, as well asNvidia/AMD. 



                                       

Sheeesh. I bought a 1080 ti in november(used, less than a month old) for 690 I was freakin lucky...
This is crazy