http://www.anandtech.com/show/7758/radeon-r9-290x-retail-prices-hit-900 I've been wanting to update my GPU, but now I'll be waiting. Hopefully a crypto-currencty crash is imminent to help drop these prices. It would be cheaper at this point for me to buy a card from a UK retail, pay VAT and shipping to the US.
So it's all those BS crypto currencies which are pretty much doubling the prices of these cards right? That and the artificial price inflation from their agreement with nVidia and the whole Titan fiasco.
Looks normal across EU shops, I think EU law forbids such ripoffs. 440-610€ waterblock EK http://geizhals.eu/?cat=gra16_512&csrf=9CD5E804-95DA-11E3-9E3F-A4E3FC8B103B&xf=1440_R9+290X&sort=p looks similar in UK http://geizhals.eu/uk/?cat=gra16_51...11E3-9E3F-A4E3FC8B103B&xf=1440_R9+290X&sort=p
The sad thing is I was prepared to buy a Radeon 7950 for $165USD on black friday on newegg and I held out because it was the wrong color to match my case. Now I'm sorry I waited as they are all $420-$450USD for the 7950s now. I was in Micro Center locally last weekend and struck up a conversation with a miner who was on the hunt for an R9-280x about this very subject. He responded by offering to sell me a used reference 7950 for almost $300USD...
There are laws against certain price hikes in the US....but they're conditional. If the claim from Neo Cyrus was true and there's some agreement with nVidia to artificially inflate prices then consumers would have legal recourse.... Problem is, multiple retailers/etailers are inflating prices. And to correct the OP's quote. R9 290X starts at $700 on Newegg.....and TigerDirect as well.
What? $900 in the US, thats normally the price us NZ's pay for the top end cards. In fact a 290x is something like $1000, which again is pretty normal for NZ. Why so expensive in the US, there's usually atleast 300-400 dollars separating US prices to NZ.
Does anyone think these miners will even recoup the additional mark-up to the prices of these cards? I seriously doubt it. Bitcoin mining. Once people heard about it, it was already too late to reap anything worthwhile. It's oversaturated. This fad will eventually pass and prices will drop again. Sucks though if you were a gamer in the market for an ATI card right now. Hope this doesn't affect nvidia prices as I'm in the market for a GTX780 in a few weeks.
No one in their right mind does Bitcoin mining on graphics card, best left to ASIC miners. However graphics card are used for Litecoin or other scrypt coin cryto currencies basically. Miners run spread sheets an factor in costs, if you really think they are losing money then you're mistaken, cause they aren't :banana: See my 3x 290 an 1200w psu....mining paid for those in less than 45 days, didn't cost me a penny
Nice gear dude! I still mine just using my 7970s, what coin you mining now? I've stopped with DOGE I'm giving Flappycoin ago lol
Jumped on multi pool...basically switches me automatically to each most profitable coin at the time. Saves making dozens accounts on all different pools, as takes away headache of working out which coin to do :banana: Also isn't all about been a miner, you have to be like stock broker too Trading coins on different exchanges getting more for less
Clearly an early adopter. You honestly think everyone jumping in on this now is going to make significant money? Pocket change.
Yeah I've used Multi, but not the switching port. I would like to build a dedicated rig for that and use my gaming rig to try mine new alts with low diff, be easy to stockpile a load of those and wait for pumps. I've tried trading also, wait for the price to go high and sell then wait for the price to drop again and buy back in thus increasing my holdings, so far I have around 0.5-0.6BTC in total, not much really