I'd really like to buy a new video card for my PC, but bit coin miners have driven prices up drastically. You used to be able to get a good video card for $200, now it is $600. Nvidia must love it, pure profit for them. I'm hoping bitcoin falls to the bottom and they all lose their money.

End Rant.

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C(-)ris
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When?

It's currently trading at around 1/3rd of its record high.

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freeradical
When?

It's currently trading at around 1/3rd of its record high.

Still isn't low enough as long as there is money to be made mining. The value of the coin needs to drop below the energy and hardware costs to make it.

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C(-)ris
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C(-)ris

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freeradical
When?

It's currently trading at around 1/3rd of its record high.

Still isn't low enough as long as there is money to be made mining. The value of the coin needs to drop below the energy and hardware costs to make it.

Many 'miners' are stealing the energy, too

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sekker

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C(-)ris

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freeradical
When?

It's currently trading at around 1/3rd of its record high.

Still isn't low enough as long as there is money to be made mining. The value of the coin needs to drop below the energy and hardware costs to make it.

Many 'miners' are stealing the energy, too

I wouldn't say stealing, but they've set up shop where there's cheap hydroelectric power to be found.

Gotta believe the bitcoin bubble as it pertains to graphics cards is over. It's all about specialized ASIC chips now, graphics cards aren't efficient enough. Not sure why the prices of the cards are still high.

Serious question: does bitcoin “mining” produce anything of value (other than bitcoin)?

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pdq
Serious question: does bitcoin “mining” produce anything of value (other than bitcoin)?

Nope.

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pdq
Serious question: does bitcoin “mining” produce anything of value (other than bitcoin)?

If you live in a cold climate, then the waste heat is useful.

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Lux Interior

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pdq
Serious question: does bitcoin “mining” produce anything of value (other than bitcoin)?

If you live in a cold climate, then the waste heat is useful.

Let me introduce you to the current state of planet earth

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Buy on the dips

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C(-)ris
I'd really like to buy a new video card for my PC, but bit coin miners have driven prices up drastically. You used to be able to get a good video card for $200, now it is $600. Nvidia must love it, pure profit for them. I'm hoping bitcoin falls to the bottom and they all lose their money.

End Rant.

What video card are you looking for? Most There are many options are at selling at or below MSRP now. I assume you're looking for a Vega 64 at that price and those won't be at $200 for a few years yet.

edit: "Most" total cards was an exaggeration but there are cards at most levels selling around or below MSRP



Edited 1 time(s). Last edit at 08/16/2018 03:38PM by Lew Zealand.

For instance:

RX 580 for $240 (list $229)
RX Vega 56 for $450 (list $399)
GTX 1070 for $370 (list $379)
GTX 1070Ti for $450 (list $449)
GTX 1080 for $440 (list $499)
GTX 1080Ti for $630 (list $699)

High end AMD cards and low end Nvidia cards are still running at a significant price premium. FYI Nvidia will release the new RTX 2080 series on Monday so that should push high end Nvidia cards down a bit more though that may already be priced into the market.

[www.newegg.com]

[promotions.newegg.com]

At this point you're best to just wait until the next gen cards are available. Which will take a year for Apple to release drivers for... [or provide cooperation so NVIDIA can].

Nvidia GTX 1050Ti is going for $160 and GTX 1060 is going for $225. Doesn't sound too pricey to me.

According to this https://pcpartpicker.com/trends/price/video-card/ the price of the popular video cards have stabilized

Plenty of Chinese bitcoin miners are 'tapping' into the power grid, with the government turning a blind eye.