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GPU prices go boom

When prices are concerned many say it's fair the company can charge what they want as they have no competition. For those I guess this still holds true? I wondered whether the Titan V would be used to justify a £1000 price for the next Ti card, that's looking likely at this rate!

For those looking for a new gaming platform a PS4 Pro/Xbox One can be had for the price of a low mid-range card (1060 3GB) and you can add a TV to that when compared to a high end card. Luckily I helped one console friend build a Ryzen 5/GTX 1070 system before prices went insane, another has gone down the PS4 route because he was priced out.
 
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Is this only on certain cards? I see plenty of 1080s that can still be had for about £550, which isn't ideal given how long they've been out but they don't seem to be experiencing massive price hikes.
 
Bergkamp said:
Is this only on certain cards? I see plenty of 1080s that can still be had for about £550, which isn't ideal given how long they've been out but they don't seem to be experiencing massive price hikes.
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1080's aren't really any good for mining due to the GDDR5X memory.
 
Picked up a Gigabyte GTX 1060 for £169 in the Christmas sales from a big retailer, I am really glad I did so now! I can't ever remember a time where prices were so bad for someone wanting to build a gaming PC...

Edit: same card is £269 now on OcUK store...
 
3gb 1060s are now priced higher than some of the 6gb ones were less than a month ago.

2018 and we're seeing 3gb cards at nearly £300.
 
AiiR said:
3gb 1060s are now priced higher than some of the 6gb ones were less than a month ago.

2018 and we're seeing 3gb cards at nearly £300.
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That's PC gaming in a nutshell right now. I don't see this being healthy for the PC gaming market long term. Doesn't matter how cheap Steam games are if buying your rig bankrupts you :p
 
I paid £289 for my 1070 new in June during the last mining craze.

Prices for PC gaming is such a let down. We have a selection for CPU's for good prices. To be let down by high GPU and RAM prices.
 
BS Dave said:
Can you explain? Is it just the cost makes them unattractive compared to a 1070 for example??
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It’s down to the memory configuration on the card and the mining algorithm don’t play nice. You only have a look at the mining comparisons between the 1080 and 1070 to see it’s not worth the extra. Coins like Zcash/Zencash may negate that effect a little my money would still be on a better performing AMD card.
 
I got my Watercooled gtx 1080 for 490 probably about a year ago and I got my Asus Strix 1080 for 412 back in June. They were good prices to pay at that time and feel even better now. Suppose mining Roi would be about 4 month at them prices opposed to about 8 at current card prices.
 
I really hope this doesn't effect the health of pc gaming too badly. Friends have jumped ship to console and I've done the same. But I'm keen to have a pc for solo playing mp games again in the summer. While I could afford it the value is so poor. I love pc gaming and I'm miffed to see the potential long term effects of these prices.
 
El_MUERkO said:
.With cryptomining you make more money the less your electricity costs, so in the west where electricity prices are higher it's spurring green energy spending, Solar in particular has gotten a huge boost.
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So your trying to claim crypto mining does actually (at least in one regard) have some wider societal benefit..... Because it uses (wastes) so much electricity that it is spurring faster implementation of renewable power sources......

I don't so much mind the 'miners' /speculators that realise that their taking part in a typical ponzi style scheme where the aim is to make as much money of other people before the whole thing collapses.


Of course I still have to wish for the collapse to happen sooner rather than later if only because, as long as they are using regular computer components, miners are hurting the PC industry in general whilst producing nothing of any societal value at a great cost of energy and materials.

But its the people that try to claim that crypto mining is some marvellous endeavour that will revolutionise society that really get me.......

No your not some brave pioneer leading the way in human progress.... You another person on a speculative bandwagon that will collapse....


Because bitcoin (and any other mined 'coins') are not a 'currency' they are a speculative instrument with no inherent value, that can easily be replicated or superceded by another 'coin' and which are wholly reliant on large distributed network of computers which won't continue to support the coin if there is no longer the prospect of big short term gains (from speculation)


https://www.cnbc.com/amp/2018/01/17...tcoin-transactions-says-ceo-alfred-kelly.html

https://www.cnbc.com/amp/2017/12/07/kevin-oleary-bitcoin-is-an-asset-not-a-currency.html

https://www.forbes.com/sites/jeffreydorfman/2017/05/17/bitcoin-is-an-asset-not-a-currency/amp/


The current mining craze has really made a mess of the consumer GPU market!
 
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