WHAT THE HECK just happened to video card prices again?

[ibjeepr]

Did cryptocurrency mining just murder the video card market again or is something else going on?
1070's starting at $1000?
1080 TI's starting at $1300?

I saw a Craigslist ad for a 1080 for $1000 and laughed, then I saw a 1070 for $600 and thought "WTH?"
I pulled up Newegg and sure enough, prices are insane!

 

[DRagor]

Don't know how it looks in other places, but in my country pretty much all GPU are out of stock since Christmas, and obviously those that still are available have prices doubled. Hopefully when shops restock, prices will go down.

 

[volkgren]

Yes it's the crypto-market again. Miners bought every last GPU that was being sold for a reasonable (and some unreasonable) price.

 

[ArchitSahu]

Yup, crypto's. Singapore, where I live, has not been affected, however. Prices are still pretty normal, 1080 is around $566 USD and 1070 is cheaper. Only components that are ridiculously high are Asus GPU's, as every single mining rig I have seen listed has only Asus STRIX GPU's.

To irk you a bit more, I have a friend who earns REALLY REALLY well from his main job (we are talking investment banker), but on the side, runs 6 mining rigs with 8 1080Ti's each. Really makes me feel bad when he comes to my house to talk about it or I visit him because I am stuck with a 760.

 

[g-unit1111]

There is a huge shortage right now. And most of it is related to the coin mining surge. It's also a supply problem with DRAM and NVIDIA's and AMD's supply chain right now, and that's also really hurting overall system costs, and costs associated with producing DDR4 and producing new GPUs. Believe me I want a 1070TI but there's no way I'm paying over $1,000 for one.

 

[jeffredo]

I've been looking for a used GTX 970 to SLI with my current one (yes, yes, I know!) and they shot up well over $200 on fleabay for most of them.. For a used three year old card! Sheesh.

 

[ibjeepr]

I've been looking for a used GTX 970 to SLI with my current one (yes, yes, I know!) and they shot up well over $200 on fleabay for most of them.. For a used three year old card! Sheesh.

Just found this on Craigslist "EVGA GTX 970 FTW/ First $270 takes it"
LoL ya, I imagine the first $270 would...

 

[kitekrazy1963]

I'm still using a 750ti. Any games that can't run with that I wont buy. So it's either older games or less gaming. My life will probably be better of that way. Didn't spend any money on Steam over Xmas.

 

[volkgren]

Like that one popular YouTuber said, he hates to say it but maybe think about buying an Xbox for now.

 

[g-unit1111]

Like that one popular YouTuber said, he hates to say it but maybe think about buying an Xbox for now.

Yeah people were saying that when I went to Micro Center last week. Sad but true.