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GPU Prices???

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So I just checked up on my build list and I noticed the price of a GTX 1070 jumped up to almost $1,000! Does anyone know what the hell is going on with the custom computer market right now, because to me it seems like its flying off of its hinges?
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scoutglamolinare
0
Oct 26, 2018
its also cause of all those damned miners
DragonStar
20
Feb 28, 2018
People seem to be missing the point that it's not just miners but the cell phone market and a few other companies eating up RAM production capacity, then the laptop producers and custom builders are likely getting card priority after them. That means if you are a gamer you are doubly screwed. Miners and gamers are fighting over an already reduced supply.
Danzor
15
Feb 27, 2018
Crypto miners are AMD and Nvidia best friend. A few months back I was looking for a RX Vega 64 here in Aus around $900 but instantly sold out, thanks to you know who! Right now Vega 64 is selling for $1500 and that's nearly double the price.
eliorbilow
0
Feb 25, 2018
My research suggests that GPU prices are so high because of cryptocurrency mining. Cryptocurrency was supposed to be mined by ordinary folk like gamers who could make a spare buck from machine when it's idle. However, some major investors have bought up thousands of graphics cards and have made a business from mining cryptocurrency. With an expanded market, the demand for graphics cards has skyrocketed and consequently the prices have risen dramatically. Many people are saying that Nvidia isn't making as many GPU'S as it can but this is likely incorrect because no company would underproduce when they are sure to sell as much product as they can produce. Correct me if I'm wrong but no GPU manufacturer is creating more factories to fabricate more graphics cards because the cryptocurrency market is volitle and if it crashes, the factory would suddenly become a major liability. My suggestion is the same as everyone else: wait out the storm or buy a 970, 980, or even a 780.
NickMcPimpson2
56
Feb 1, 2018
It's all a stalemate at this point. The companies underproduce because the consumers aren't buying. We aren't buying because the incremental upgrades just aren't worth it. They are treating graphics cards like some glorified hot rod. The inclusion of cryptocurrency is creating a wave of self funded crowd sourced processing power that will eventually become a commodity for corporations, individuals or whatever nabs control of them in the near future
Gavyn_H
23
Feb 1, 2018
NickMcPimpson2That was intense. I agree
VinS
145
Feb 1, 2018
I bought my 1070 last year (last April) for $450, I thought it was expensive. I thought I had no choice, my gaming desktop's gpu was out of date, needed at least a 1070 performance card to play games with my 1440p display. I still think it's expensive if I have to pay $450 again, 1070 is a $300-350 performance card. Performance? Fxxx that. Price is matter. Market is overheated. Don't make a bad decision like me.
Trix201
1
Jan 28, 2018
Well Nvidia needs to target their demographic, "Gamers" not miners. Gaming is always going to be around.
TanvirK175
1101
Jan 29, 2018
Trix201NVIDIA's MSRP for the 1070 is still $450. They're not "targeting" miners but miners (and at this point scalpers) are just scooping them off as they come in stock because it's an instant profit. Also there's the fact that next gen cards are approaching meaning slower production for current cards. If they cared to, I'm sure NVIDIA could meet demands enough to not have them all sell out instantly. We just have to wait this BS out.
atlantageek
3
Jan 28, 2018
I know right. I need like 18 more cards to finish my mining builds and I can't find them anywhere. Very annoying.
Gavyn_H
23
Jan 28, 2018
Im holding out for it. Now if ddr4 would drop prices
TanvirK175
1101
Jan 29, 2018
I wouldn't call that a solution (it also hurts regular consumers) but I can't say you're wrong either.
John246
14
Jan 21, 2018
Maybe get a used gtx970 or 980
John246
14
Jan 21, 2018
i heard about samsung is no longer producing ddr5 and start making ddr6. i think they were a major producer of it. this might be the other cause other than mining. I also heard that the influx of pc gamers in china because of pubg had also increase the demand for gpu. It's a mess rn
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