› ›

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Quick Links

What happened to video card prices?

GladDogGladDog Member RarePosts: 1,097
in Hardware
I was pricing a gaming PC for a friend, and I had a nice system worked out; all that was left was the video card.  I wanted to get him a GTX1060 6GB or an RX-580 8GB.  But when I looked at the prices they were ASTRONOMICAL.  I paid $244 for an RX-480 and got a $10 rebate on it, so $234, about 8 months ago.  I saw the same card go on sale about 6 weeks later for $219 after rebate.  That same card is now OVER SIX HUNDRED DOLLARS.  Equivalent cards are in the same price range.  What happened to drive the prices so high?


The world is going to the dogs, which is just how I planned it!


Comments

  • CrazKanukCrazKanuk Member EpicPosts: 6,130
    Ethereum (like a new bit coin) happened. You might want to hold off on buying a graphics card until the Ethereum bubble bursts. 

    Crazkanuk

    ----------------
    Azarelos - 90 Hunter - Emerald
    Durnzig - 90 Paladin - Emerald
    Demonicron - 90 Death Knight - Emerald Dream - US
    Tankinpain - 90 Monk - Azjol-Nerub - US
    Brindell - 90 Warrior - Emerald Dream - US
    ----------------

  • GladDogGladDog Member RarePosts: 1,097
    How did this 'Ethereum' cause the price of video cards to shoot up?  The prices of high end video cards and other components, such as CPUs, is pretty much the same as always...


    The world is going to the dogs, which is just how I planned it!


  • KyleranKyleran Member LegendaryPosts: 43,975
    I work for a large financial institution and they are buying large volumes of graphic video card/processors to support the rapidly growing blockchain developments in the financial markets of which these two crypto currencies are actually a small part of.

    Just saw a demo of a new machine learning tool which can make decisions from scanned images, which again requires an investment in GPUs.

    Also being business purchasers they buy large quantities in bulk, likely contributing to spot shortages and higher prices.
    [Deleted User]

    "True friends stab you in the front." | Oscar Wilde 

    "I need to finish" - Christian Wolff: The Accountant

    Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm

    Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV

    Don't just play games, inhabit virtual worlds™

    "This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon






  • psiicpsiic Member RarePosts: 1,642
    Boggles I have 20 750's I got for free from an office closing down maybe I should go into the crypto currency farming business. 
  • Siegecraft.orgSiegecraft.org Member UncommonPosts: 35
    Generally what the Cat guy said here, a flipper would like to buy high bulk of many of the video cards, to where you are using supply and demand to "squeeze" pennies and dollars out of the consumers. I meant of capping it off at a ceiling of the bare maximum that people are willing to pay, aka think of those couple diamond monopoly companies.
  • CleffyCleffy Member RarePosts: 6,413
    BTW, selling my R9 Fury X for the low low price of twice what I bought it for.
Sign In or Register to comment.