GPU prices more than double as cryptocurrency craze accelerates

Started by Legend, Jan 26, 2018, 05:35 AM

previous topic - next topic

0 Members and 1 Guest are viewing this topic.

Legend

GPU prices more than double as cryptocurrency craze accelerates | ResetEra

 
Quote
Quote
One AMD card's street price has tripled to $1,500 but pre-built system vendors unable to match priceGameSpot 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.Click to expand...
Source Code:
GPU    MSRP    Street Price Nvidia GeForce GTX 1080 Ti    $700    $1,350 Nvidia GeForce GTX 1080    $550    $1,100 Nvidia GeForce GTX 1070 Ti    $450    $800 Nvidia GeForce GTX 1070    $380    $900 Nvidia GeForce GTX 1060    $250    $400 Nvidia GeForce GTX 1050 Ti    $150    $185 Nvidia GeForce GTX 1050    $110    $140 AMD Radeon RX Vega 64    $500    $1,500 AMD Radeon RX Vega 56    $400    NA AMD Radeon RX 580 8GB    $229    $540 AMD Radeon RX 580 4GB    $200    $495 AMD Radeon RX 570    $170    $476
Source This is crazy... That 570 markup!  

Dr. Pezus

Wth

What's the bitcoin rate now?

Legend

Wth

What's the bitcoin rate now?
$11,000

It crashed and dropped a huge amount but that won't stop miners  ::)

ethomaz

Jan 26, 2018, 03:35 PM Last Edit: Jan 26, 2018, 03:36 PM by ethomaz
Wth

What's the bitcoin rate now?
It topped $19k in December but just dropped after that... right now $10.987,70.

$11,000

It crashed and dropped a huge amount but that won't stop miners  ::)
Because they probably think it will reach $19k again... so if they miner more now at $11k then when it gets near $19k they will have a huge profit.

Legend

It topped $19k in December but just dropped after that... right now $10.987,70.
Because they probably think it will reach $19k again... so if they miner more now at $11k then when it gets near $19k they will have a huge profit.
Not with bitcoin mining. It's slow on gpus and hasn't been worth it for years.

Other ones can turn a profit but that's still only if you have free electricity.


Buy the currency instead of buying a gpu and you'd probably make more money.

ethomaz

Jan 26, 2018, 10:29 PM Last Edit: Jan 26, 2018, 10:37 PM by ethomaz
Not with bitcoin mining. It's slow on gpus and hasn't been worth it for years.

Other ones can turn a profit but that's still only if you have free electricity.


Buy the currency instead of buying a gpu and you'd probably make more money.
Mining is profitable even with ~$0,20 per kW.

Plus the jump from $11k to $19k is profit by itself.

Plus most people miner alt coins on GPU and convert to Bitcoin.