Card prices

[Fanatical Meat]

Seems like the crypto currency craze may be coming to an end or at least declining. What are your thoughts about card prices in the near future?

 

[BrightCandle]

Since all the OEMs said the problem was not the crypto craze but lack of parts chances are not a lot. Might help a little bit but AMD isn't producing enough parts to meet demand.

 

[Fanatical Meat]

Thanks man but I have trouble believing that the crypto craze had nothing to do with prices going up. Doesn't that explain why there were not enough parts?

 

[nwo]

You think the prices are bad? Check this out! Newegg wants $8k for an open box 290

 

[ShintaiDK]

Card prices are normal where I shop, always been.

 

[JDG1980]

Since all the OEMs said the problem was not the crypto craze but lack of parts chances are not a lot. Might help a little bit but AMD isn't producing enough parts to meet demand.

But the only reason why demand for AMD cards (at least in the U.S.) is so high is that miners are buying them by the dozens. Do you really think that if it weren't for the cryptocurrency craze, people would be lining up around the block to buy a two-year-old card (the R9 280X, which is basically a rebranded 7970) at over MSRP?

That said, it's quite possible that the supply of cards is lower than usual for other reasons (such as Chinese New Year and the dramatically increased demand for GDDR5 caused by the PS4). But without the cryptocurrency craze, this would have just meant a few cards might be out of stock for a couple of weeks - not the insane price bubble we are seeing now.

 

[Subyman]

MtGox goes down and supposedly the craze has ended? I don't think so. BTC has settled down to $500-$600 and alt coins are well worth mining. BTC haven't affected the GPU prices in a year or more, its been alt coins. The crypto coins haven't fallen nearly as much as the last BTC crash, so I suspect the recovery to be fine over the next few months.

I'm thinking that the people that want the cards for mining already have their cards, so the demand may be going down. Prices do not look like they've changed at all though.

 

[Fanatical Meat]

Card prices are normal where I shop, always been.

Copenhagen? Dude you should be out looking for women instead of cards. Seriously you have fine women over there.

 

[ShintaiDK]

But the only reason why demand for AMD cards (at least in the U.S.) is so high is that miners are buying them by the dozens. Do you really think that if it weren't for the cryptocurrency craze, people would be lining up around the block to buy a two-year-old card (the R9 280X, which is basically a rebranded 7970) at over MSRP?

That said, it's quite possible that the supply of cards is lower than usual for other reasons (such as Chinese New Year and the dramatically increased demand for GDDR5 caused by the PS4). But without the cryptocurrency craze, this would have just meant a few cards might be out of stock for a couple of weeks - not the insane price bubble we are seeing now.

The only reason why the US prices is so high is due to very low supply. And that miners in the US are willing to pay almost anything. While retailers are willing to do anything for extra money.

AIBs already confirmed its low supply and not extreme demand. AMD also lost marketshare.

 

[BrightCandle]

The only reason why the US prices is so high is due to very low supply. And that miners in the US are willing to pay almost anything. While retailers are willing to do anything for extra money.

AIBs already confirmed its low supply and not extreme demand. AMD also lost marketshare.

Exactly, its not that the demand has been exceptionally high, its that supply is well below the predicted demand. AMD's loss of market share shows that its actually planned by AMD to sell this few not some crazy mad rush for cards that expanded their business. I suspect based on how hot the 290 is and how big it is AMD is struggling to get good yields and this is the actual reason for a supply issue. The OEMs also mentioned problems getting GDDR as well.

 

[tweakboy]

Since all the OEMs said the problem was not the crypto craze but lack of parts chances are not a lot. Might help a little bit but AMD isn't producing enough parts to meet demand.

Nice rig. Good job with the 32GB ram ......

 

[JBT]

All the online stores that actually list incoming shipments of cards have said March-April for months. The mining demand has dried up the small supply that there was, which caused crazy prices. AMD really missed the boat with selling tons more 290's IMO.

With that said when cards come in places like Amazon they list prices normally. I picked up a Asus DCUII 290 for $440 a few weeks ago.

 

[nwo]

With that said when cards come in places like Amazon they list prices normally. I picked up a Asus DCUII 290 for $440 a few weeks ago.

Nice! Was it in stock or did you backorder it?

 

[greenhawk]

Seems like the crypto currency craze may be coming to an end or at least declining. What are your thoughts about card prices in the near future?

by the time prices due to the "craze" carm down we will most likly be at the stage of a new GPU release cycle anyway.

If the craze is over, prices will be "normal", if not, it will all just start again which would indicate there is no long term decline in crypto currencies so what we see now is what it will be until GPUs are not longer any use for mining.

in short, do not worry about it.

 

[TeknoBug]

Since all the OEMs said the problem was not the crypto craze but lack of parts chances are not a lot. Might help a little bit but AMD isn't producing enough parts to meet demand.

I dunno if I believe that, prices of AMD cards would be higher globally if that was the case, but it's only higher in N America and AUS/NZ and only retailers are gouging the prices.

Mining won't come to an end, but will decline a little thanks to the Mt.Gox thing, perhaps people will be more careful now with their investments.

 

[Puffnstuff]

Card prices are still out of line with the msrp.

 

[3DVagabond]

It's hard to have a discussion when people won't agree on the most obvious trends and just want to spin it with statistics that they haven't properly analyzed and a tweet by one AIB with no context. We'll just have every other post by the usual handful of people repeating themselves until people get tired of trying to point out the fallacy of their position. Then they declare victory and move on to the next thread and do the same.

 

[KingFatty]

It's possible that places where electricity is cheap show the biggest increase in prices for mining cards?

 

[nwo]

It's possible that places where electricity is cheap show the biggest increase in prices for mining cards?

There certainly seems to be some sort of correlation. For instance, in most EU countries prices are "normal" or in other words pretty close to MSRP... While in the US where electricity is an average of around $0.10/kWh prices are 20-40% higher than MSRP with some cards hitting 150% MSRP several weeks ago.

 

[escrow4]

I paid $929 for my 780 Ti GHz recently, which works out currently to $829 and change USD. If Maxwell is sufficiently fast enough over it (say 30% or so) I'll consider giving Nvidia another $1K.

 

[Attic]

The only reason why the US prices is so high is due to very low supply. And that miners in the US are willing to pay almost anything. While retailers are willing to do anything for extra money.

AIBs already confirmed its low supply and not extreme demand. AMD also lost marketshare.

That doesn't square.

The used market for AMD cards has very high prices as well, so the extreme demand is clearly there and accounted for.


Were it very low supply and not demand then the used market would not see such an explosion in demand as seen through it's price discovery exploding higher. Demand is driving the price. I've been waiting for this to change for months, i'm always wrong when declaring prices will drop,.. but I think prices will drop soon.

Hash rates also exploded higher for scrypt since November of 13, which points to lots of AMD cards coming online to mine.

BTC needs another 50% drop to begin to destroy mining incentive for purchasing AMD cards at inflated prices if paying ~0.10-17kwh.

 

[rgallant]

I paid $929 for my 780 Ti GHz recently, which works out currently to $829 and change USD. If Maxwell is sufficiently fast enough over it (say 30% or so) I'll consider giving Nvidia another $1K.

thats nuts what would have been the basic 780 sli cost ?? for 75-85% more fps. [yea I hear the what if's , so in games that scale with sli]

 

[Puffnstuff]

Yeah I wanted to go 290/x but the price and availability just might make me go 780sli. I can't justify the price of the ti when regular 780sli is just a little more.

 

[Skott]

Crypto coining has not slowed down. I don't expect to either. It should get some much needed regulation though. Not that that will slow it down either. AMD needs to increase production but with demand high, prices high, and NVidia not bothering to lower their pricing, there isn't much of a incentive seems like. Mid to Higher end cards costing more is the new norm. Get used to it.

 

[KlokWyze]

Well I'm selling my AMD cards used for mining if that says anything. Someone earlier in the thread said that BTC prices don't affect alt coin prices? Well, not for me and 95% of the others out there. Maybe he has some special sucker that is willing to pay above market prices for alts or something, but the recent crash in BTC has rendered mining profitability very low. So much so that I'd rather cash out my mining h/w now and get paid NOW, rather than in 4 months of mining, which can be a pain in the a$$. Also, hits your electrical bill.

My basement is now freezing, but quiet.