Will a corsair 850 watt power suffice for a gtx 970 sli setup?

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The AX 850 is as good as anything on the market. You are fine. I wouldn't even think about replacing it until it was 8 or 10 years old and even then with Seasonic build quality it would still most likely be fine.
No it's a ax850 power supply anort3.

Nucolos, yes I bought the power supply about 2 years back. I'm upgrading my whole system in about a month or two so I'm debating if I should keep it or get a newer psu.
 


The AX 850 is as good as anything on the market. You are fine. I wouldn't even think about replacing it until it was 8 or 10 years old and even then with Seasonic build quality it would still most likely be fine.
 
Solution
Here's another question totally unrelated but, i have a ASUS PZ68-V PRO/GEN3 Mobo with a i7-2600k @ 4.2 GHz should I just upgrade to a i7-4790k with a GIGABYTE GA-G1.Sniper Z97 Mobo or should I just replace the CPU to the i7-3770k?
 
As much fun as it is to build new, you won't really be seeing a noticeable performance increase in gaming going from a top of the line Sandy Bridge to a top of the line Haswell. I didn't anyway. Not enough to warrant the cost anyhow. The CPU performance increase isn't really needed in gaming. The SB i7 is already in the top tier for gaming: http://www.tomshardware.com/reviews/gaming-cpu-review-overclock,3106-5.html
 


I might hold on upgrading my cpu until developers stop creating crappy ports of next-gen games for the pc.
 


I remember reading this article a while back. I was pretty surprised that there wasn't much of a difference between pci-e 2.0 and pci-e 3.0

 
This article has some good graphs to show the difference in PCIe configurations; both versions and lanes: http://www.pugetsystems.com/labs/articles/Impact-of-PCI-E-Speed-on-Gaming-Performance-518/
Today's cards can't really saturate the bandwidth of even 2.0... yet.