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Why is Vega 64 so expensive?

Not sure but it’s one of three reasons I didn’t buy one even at the special launch price.

Power and performance were the other two.
 
HRL said:
Not sure but it’s one of three reasons I didn’t buy one even at the special launch price.

Power and performance were the other two.
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Lowest price can see here is £899, even after launch the GTX 1080 could be bought for less than that.

Great strategy from AMD, weren't these launched in August or something like that?
 
Shocky-FM said:
If they're selling so well they should produce more cards.
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https://forums.overclockers.co.uk/threads/gpu-prices-go-boom.18808017/

Here is some light reading. Discusses everything you are asking about.

Basically, mining is the reason for the huge increase.

AMD and Nvidia don't want to produce too many cards because if the mining bubble bursts tomorrow there would be a huge glut of second hand cards on the market and nobody to buy the new ones. The last mining Boom, AMD ramped up production to keep up with demand, mining collapsed and AMD got caught big time with huge numbers of 290/290x cards left unsold.

It's not just as simple as produce more cards.
 
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Shocky-FM said:
They've been out for months already, mining isn't a new thing.
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They done what you suggested when Bitcoin was being mined using GPU's several year ago, when ASIC miners started coming online GPU mining become redundant and AMD end up having to take a charge of about $40m as they have to write down the value of it's stocks of 290/290X's GPU's as Nvidia had just lunched the GTX 970 which was a lot cheaper. Once bitten, twice shy as they say.
 
People keep blaming it on mining but its not really is it. Supply and demand is a thing but ultimately someone along the line, the retailer probably, is being very greedy. Are AMD charging more for them just because of mining? Seems a bit crazy if they are.
 
B1gbeard said:
People keep blaming it on mining but its not really is it. Supply and demand is a thing but ultimately someone along the line, the retailer probably, is being very greedy. Are AMD charging more for them just because of mining? Seems a bit crazy if they are.
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It's not the retailer in this case. Miners are buying in bulk directly from the manufacturer.
 
Another issue is if the mining bubble does burst, a lot of miners will attempt to sell their cards to minimise loss, and will flood the market with a lot of 2nd hand cards. If AMD made more Vega GPUs and this happened, it would force AMD to lower the price just enough to ensure they keep on selling due to too much supply. And having it too low could mean they start making a loss per GPU.
 
It is down to Mining.
AMD got bit hard the last time this happened, they made a crap ton of 290s and when the coin bubble did one of its deflation's they were left with a bucketful of cards no one wants because of the flood of used ones appearing.

They are not selling direct to miners either, although they have made miner versions of cards, so have nvidia... doesnt help much for either manufacturer though.
 
It sounds as though the manufacturers/AMD are causing the problem for quick gain. Don't sell them in bulk to someone who isn't a registered retailer or something similar.
 
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