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el duderino III
LSU Fan
Vegas
Member since Jul 2011
2107 posts

what in gad's name has happened to gpu prices over the last two months???
i bought a brand new gtx 1080 for 550 on cyber monday. Now they're all either sold out of $1000?

I get it, there was a huge spike that started mid november, hit 20k, but it has since steadily returned to almost baseline.

Is this price still being this high a combination of bitcoin "enthusiasts" that think the price will go up forever? and any downswing is temporary?

I thought the ASIC miners would be developed soon, were much cheaper and more energy efficient to use and produced a better yield?


lsufb81
LSU Fan
D'Ville
Member since Jan 2004
1275 posts

re: what in gad's name has happened to gpu prices over the last two months???
Been planning on getting in to PC gaming for months now. Just going to get a prebuilt with a GTX 1080 ti. Only way to not overspend.


TomyDingo
USA Fan
Austin, Texas
Member since Aug 2003
19285 posts

re: what in gad's name has happened to gpu prices over the last two months???
It is absolutely due to bitcoin miners


sicboy
Oregon State Fan
Because Awesome
Member since Nov 2010
62324 posts

re: what in gad's name has happened to gpu prices over the last two months???
But nvidia asked retailers to think of gamers first
This post was edited on 2/8 at 7:12 am


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TigerMyth36
River Ridge
Member since Nov 2005
36533 posts

re: what in gad's name has happened to gpu prices over the last two months???
Yeah, I've been trying to get one for 5 months.

I thought they were bad last year when the TI came out,then bitcoin exploded again and boom, damn things went up another 30 to 40%. Sitting at almost double the msrp.

Hell, low level cards are going for high level prices. I guess this saves me money. I won't be doing my normal every two to three year new build.


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brucevilanch
Alabama Fan
Fort Worth, Tejas
Member since May 2011
21152 posts

re: what in gad's name has happened to gpu prices over the last two months???
Your wait will be over soon. Crypto prices are falling and it isn't nearly as profitable to mine as it was a month ago. People are about to start unloading GPUs for pennies on the dollar. The same thing happened in 2013.


jefforize
New Orleans Saints Fan
Member since Feb 2008
37636 posts

re: what in gad's name has happened to gpu prices over the last two months???
Yeah but they are gonna be worn to hell due to 247 mining huh


brucevilanch
Alabama Fan
Fort Worth, Tejas
Member since May 2011
21152 posts

re: what in gad's name has happened to gpu prices over the last two months???
Maybe, but most of the guys mining undervolt their cards to save on electricity and to keep temp down. So wear and tear due to overheating is mostly a non-issue.


bluebarracuda
New Orleans Pelicans Fan
Baton Rouge
Member since Oct 2011
12282 posts

re: what in gad's name has happened to gpu prices over the last two months???
Most of those mining cards are less worn than cards games on


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bluebarracuda
New Orleans Pelicans Fan
Baton Rouge
Member since Oct 2011
12282 posts

re: what in gad's name has happened to gpu prices over the last two months???
quote:

It is absolutely due to altcoin miners


FIFY


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Breesus
New Orleans Saints Fan
House of the Rising Sun
Member since Jan 2010
62205 posts

re: what in gad's name has happened to gpu prices over the last two months???
quote:

It is absolutely due to bitcoin miners



Ding ding


bluebarracuda
New Orleans Pelicans Fan
Baton Rouge
Member since Oct 2011
12282 posts

re: what in gad's name has happened to gpu prices over the last two months???
Bitcoin mining with video cards is unprofitable


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puffulufogous
USA Fan
New Orleans
Member since Feb 2008
5775 posts

re: what in gad's name has happened to gpu prices over the last two months???
Well when that crash happens let me know. I'm still working with my 7970. Needed an upgrade for a while.


brucevilanch
Alabama Fan
Fort Worth, Tejas
Member since May 2011
21152 posts

re: what in gad's name has happened to gpu prices over the last two months???
Check out /r/hardwareswap periodically. A guy posted 7 or 8 1070s the other day for $350 a pop. They were all sold within the hour though. It's starting to happen now, you just have to look for them. Ebay is a good place to look but beware of the scammed and prices that look too good.


RATeamWannabe
Kansas Fan
Baton Rouge
Member since Sep 2009
22716 posts

re: what in gad's name has happened to gpu prices over the last two months???
quote:

Your wait will be over soon. Crypto prices are falling and it isn't nearly as profitable to mine as it was a month ago. People are about to start unloading GPUs for pennies on the dollar. The same thing happened in 2013.


I disagree, but if you see deals like bruce posted a reply or two before this one, swipe them up. Crypto is down now, but its only going to go back up by the end of the year.


bluebarracuda
New Orleans Pelicans Fan
Baton Rouge
Member since Oct 2011
12282 posts

re: what in gad's name has happened to gpu prices over the last two months???
But profitability will keep going down on video card mining due to difficulty exponentially increasing and ASICs being released.

Two weeks ago profitability for a 1080ti was $4/day, now it's $2. The return on that initial investment is way too long since 1080tis are going for ~$900 right now


brucevilanch
Alabama Fan
Fort Worth, Tejas
Member since May 2011
21152 posts

re: what in gad's name has happened to gpu prices over the last two months???
quote:

Crypto is down now, but its only going to go back up by the end of the year.



Speculation.

What Blue said is correct.


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jefforize
New Orleans Saints Fan
Member since Feb 2008
37636 posts

re: what in gad's name has happened to gpu prices over the last two months???
really glad I didn't wait and picked up my 1070 when I did.

it was sometime in April. then the Asian ethereum craze happened and everywhere went out of stock.

quit paying attention, and then looked at prices a few weeks ago. unbelievable. thousand fricking dollars for a 1080 or some nonsense.

lol.. my $379 card now being listed for:

$896.29· Jet.com

$986.00· Newegg.com

$699.89· NextWarehouse.com

$674.99· eBay
This post was edited on 2/8 at 8:45 am


brucevilanch
Alabama Fan
Fort Worth, Tejas
Member since May 2011
21152 posts

re: what in gad's name has happened to gpu prices over the last two months???
Absolutely. I picked my 1060 at microcenter a few months this ago for $170 and now the same one is around $400


bluebarracuda
New Orleans Pelicans Fan
Baton Rouge
Member since Oct 2011
12282 posts

re: what in gad's name has happened to gpu prices over the last two months???
If I saw doUrden right now I would offer a BJ. He fricking hooked me up with my 1080s


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