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Radeon R9-290X Prices Hit $900 In the US
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91LudeSiT
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Default Radeon R9-290X Prices Hit $900 In the US - 02-14-2014, 23:49 | posts: 841 | Location: Kennesaw, GA

http://www.anandtech.com/show/7758/r...prices-hit-900

Quote:
In a sign of the daffy times we live in, Radeon R9 290X prices have hit $900 this week at Newegg. Every card, from the reference models to the water block model, is now at $899, with Newegg apparently doing brisk enough business to be sold out of more than half of their different 290X SKUs. This of course is some $350 over the 290Xs original launch price of $550, a 64% price bump. Meanwhile the Radeon R9 290 has been similarly affected, with 290 cards starting at $600, $200 (50%) over MSRP.
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.
   
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Rich_Guy
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Default 02-15-2014, 00:08 | posts: 8,694 | Location: UK

Its rediculous, shame for all those who are non miners
   
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---TK---
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Default 02-15-2014, 00:11 | posts: 17,825 | Location: New Jersey, USA

So much for the $549.99 launch price.
   
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Default 02-15-2014, 00:12 | posts: 7,493 | Location: GTA, Canada

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.
   
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scipio
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Default 02-15-2014, 00:42 | posts: 4,106 | Location: NorCal

what agreement?
   
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---TK---
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Default 02-15-2014, 00:43 | posts: 17,825 | Location: New Jersey, USA

Maybe he has inside info? I know I sure don't.
   
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-Tj-
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Default 02-15-2014, 00:48 | posts: 6,869 | Location: Urban`Jungle

Looks normal across EU shops, I think EU law forbids such ripoffs.
440-610 waterblock EK

http://geizhals.eu/?cat=gra16_512&cs...R9+290X&sort=p


looks similar in UK
http://geizhals.eu/uk/?cat=gra16_512...R9+290X&sort=p
   
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91LudeSiT
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Default 02-15-2014, 02:35 | posts: 841 | Location: Kennesaw, GA

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...
   
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Default 02-15-2014, 02:54 | posts: 16,068 | Location: US East Coast

Quote:
Originally Posted by -Tj- View Post
Looks normal across EU shops, I think EU law forbids such ripoffs.
440-610 waterblock EK

http://geizhals.eu/?cat=gra16_512&cs...R9+290X&sort=p


looks similar in UK
http://geizhals.eu/uk/?cat=gra16_512...R9+290X&sort=p
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.


   
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Default 02-15-2014, 05:33 | posts: 4,645 | Location: Logd n jst 2 change avatar

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.
   
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Default 02-15-2014, 06:03 | posts: 1,015 | Location: Bremerton, WA USA (GO HAWKS!)

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.
   
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Default 02-15-2014, 08:40 | posts: 2,978 | Location: Sheffield UK

Quote:
Originally Posted by 0blivious View Post
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

See my 3x 290 an 1200w psu....mining paid for those in less than 45 days, didn't cost me a penny




Last edited by k3vst3r; 02-15-2014 at 08:48.
   
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screwtech02
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Default 02-15-2014, 13:06 | posts: 42 | Location: Central IL

Thanks!!! Appreciate your direct effect to JACK UP THE PRICES ASSHAT......
   
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Default 02-15-2014, 13:18 | posts: 2,478 | Location: UK

Quote:
Originally Posted by k3vst3r View Post
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

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
   
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Default 02-15-2014, 13:37 | posts: 3,091 | Location: Lebanon

Quote:
Originally Posted by screwtech02 View Post
Thanks!!! Appreciate your direct effect to JACK UP THE PRICES ASSHAT......
HE iS EvIl!
   
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k3vst3r
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Default 02-15-2014, 13:58 | posts: 2,978 | Location: Sheffield UK

Quote:
Originally Posted by Matt26LFC View Post
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

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



Last edited by k3vst3r; 02-15-2014 at 14:02.
   
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0blivious
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Default 02-15-2014, 14:01 | posts: 1,015 | Location: Bremerton, WA USA (GO HAWKS!)

Quote:
Originally Posted by k3vst3r View Post
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

See my 3x 290 an 1200w psu....mining paid for those in less than 45 days, didn't cost me a penny
Clearly an early adopter. You honestly think everyone jumping in on this now is going to make significant money? Pocket change.
   
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k3vst3r
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Default 02-15-2014, 14:03 | posts: 2,978 | Location: Sheffield UK

Quote:
Originally Posted by 0blivious View Post
Clearly an early adopter. You honestly think everyone jumping in on this now is going to make significant money? Pocket change.
Started december 2013 bud


   
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DesGaizu
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Default 02-15-2014, 14:34 | posts: 2,980 | Location: UK



I've made some nice monie and I'm not even a serious miner.
   
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Matt26LFC
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Default 02-15-2014, 14:43 | posts: 2,478 | Location: UK

Quote:
Originally Posted by k3vst3r View Post
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

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
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
   
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Default 02-15-2014, 15:34 | posts: 11,864 | Location: new jersey

Jeez I have to start mining with my stuff
   
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Default 02-15-2014, 15:46 | posts: 1,838 | Location: Babylon 5

*looks at own HD7970 and 2x R9 290X*

Was at a shop looking at water cooling parts for my 290X'es, struck up a conversation with the salesman there. Apparently, he has a customer who's mining with 14 rigs, all fitted with R9 290's....his customer said all his equipment would be fully paid for in a matter of weeks.
   
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k3vst3r
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Default 02-15-2014, 15:49 | posts: 2,978 | Location: Sheffield UK

Quote:
Originally Posted by mikeysg View Post
*looks at own HD7970 and 2x R9 290X*

Was at a shop looking at water cooling parts for my 290X'es, struck up a conversation with the salesman there. Apparently, he has a customer who's mining with 14 rigs, all fitted with R9 290's....his customer said all his equipment would be fully paid for in a matter of weeks.
Yeah, people like that earning 100's of thousand dollars a year


   
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zer0_c0ol
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Default 02-15-2014, 15:51 | posts: 1,924 | Location: mostar(BIH)

Amd struck gold...
   
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PhazeDelta1
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Default 02-15-2014, 15:59 | posts: 12,874 | Location: USA

There is profit in it if your willing to shell out that initial investment. My sister's boyfriend has already paid off both his vehicles by mining.
   
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