When did GPUs get so damn expensive?

[Joltzie]

I have been looking to build a new PC because my old one is just getting... Well old. And upgrading wouldn't have much effect, so why not build a new one.

But as I gazed at the store, thinking "Oh I can probably get a 1070 for like 350ish somewhere" I was shocked when I saw that the average price was 500-600 euros. Why did this happen? Didn't they get released at a price point of 350ish?

 

[mbilal2]

Crypto-mining ruined the graphics card market for users like us. I bought my MSI GTX 1080 for 500$ back then. The same model of the GTX 1070 costs 500$ now. Here's a detailed explanation as to what crypto-mining is.

http://www.tomshardware.com/forum/id-3449306/explanation-current-increase-gpu-prices-read.html

 

[Joltzie]

Crypto-mining ruined the graphics card market for users like us. I bought my MSI GTX 1080 for 500$ back then. The same model of the GTX 1070 costs 500$ now. Here's a detailed explanation as to what crypto-mining is.

http://www.tomshardware.com/forum/id-3449306/explanation-current-increase-gpu-prices-read.html

That sucks balls for gamers and such, do you think the price will drop again or will it stay like this for a long time?

 

[mbilal2]

Crypto-mining ruined the graphics card market for users like us. I bought my MSI GTX 1080 for 500$ back then. The same model of the GTX 1070 costs 500$ now. Here's a detailed explanation as to what crypto-mining is.

http://www.tomshardware.com/forum/id-3449306/explanation-current-increase-gpu-prices-read.html

That sucks balls for gamers and such, do you think the price will drop again or will it stay like this for a long time?

Maybe when VEGA comes out the market will stabilize. But as of now there haven't been any signs of crypto-mining going away.