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Holy hell.. what the heck happened the price of GPUs.

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  3. Holy hell.. what the heck happened the price of GPUs.

User Info: TheNeckbeard

TheNeckbeard
6 months ago#1
I'm only weeks away from getting my tax return and I was going to make a long time wanted upgrade of my GPU, from my 8gb RX480 to a 1070 or something around that depending on sales. Last time I checked prices 1070s ranged from 400-500. I just went and looked and they are going like 700-1000! Looks like I'm not upgrading any time soon. :(
My PC - http://pcpartpicker.com/list/y9LBr7, Pic - http://imgur.com/DFyr5rv

User Info: wizardmon

wizardmon
6 months ago#2
Yeah, just wait it out. Right now there is those fairy believers making fake money out of absurd amounts of electricity.
Why Master_Faust can't see any posts on PCH: http://i.imgur.com/Ns93rhC.png

User Info: ArkonBlade

ArkonBlade
6 months ago#3
Yeah prices on GPU's have gotten even more nuts all of a sudden. Even the 1050 TI is up to $200.

but at least your RX 480 is still a good card and this mining craze will die down some time.
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User Info: Meltdown1988

Meltdown1988
6 months ago#4
RX 480 --> 1070 is a kinda meh upgrade anyway.
Hi

User Info: Jason_Hudson

Jason_Hudson
6 months ago#5
It's due to people mining Bitcoin, the electronic gold rush.

From what I've heard, Cryptocurrency is crashing, so prices should drop. However, it might be recovering, I don't mine so I don't really follow it.

Also, I would strongly advise against the temptation of buying a used card if it does crash and they flood the market. Mining will have shortened its lifespan a considerable amount.
i7 4790k@4.6GHz | EVGA 1080 FTW | 16GB RAM | 1440p@144hz - GLORIOUS PC MASTER RACE!
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User Info: HeliosMagi

HeliosMagi
6 months ago#6
It's because everyone wants a machine that can legally generate money with little work on their part.
"I had a classmate who legitimately expected Mario 65 to come out."
"He ate glue."

User Info: PhazonReborn

PhazonReborn
6 months ago#7
I would like to think GPU prices will stabilize soon, but I have this funny feeling we’re gonna be looking at these ridiculous prices for a lot longer...
The Phazon you know and trust since 2004 Steam ID: AncientToaster / PSN ID: LiteralToaster

User Info: Judgmenl

Judgmenl
6 months ago#8
https://www.coingecko.com/en/price_charts/ethereum/usd
Judge, Nostalgia is a hell of a drug.
You're a regular Jack Kerouac

User Info: gwizzler

gwizzler
6 months ago#9
The mining craze will not die down until Ethereum is gone, and miners are sure nothing will take its place. I've been thinking about selling my 1070 and getting this Titan XP. https://www.nvidia.com/en-us/geforce/products/10series/star-wars-jedi-order-titan-xp-collectors-edition/. I don't care for the Star Wars theme, but finding a 10 series card or AMD 500 series card is impossible. My Microcenter only has the 1050 in stock, and literally zero AMD 500 series cards. The 1070 that I spent $340 on is going for over $600 USED on EBay. It's almost too good of an opportunity to pass up.
"If the animals can find the strength, why can't we?" - Casey Foster

User Info: KnucklesIX

KnucklesIX
6 months ago#10
Meltdown1988 posted...
RX 480 --> 1070 is a kinda meh upgrade anyway.

I agree,had both and wasn’t worth it
Ginyu Gang
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