Video Perspective: GPU Shortages and Litecoin Mining Discussion
Subject: Graphics Cards | December 12, 2013 - 05:20 PM | Ryan Shrout
Tagged: video, amd, radeon, hawaii, r9 290, R9 290X, bitcoin, litecoin, mining
If you already listened to this weeks PC Perspective Podcast, then feel free to disregard this post. For the rest of you - subscribe to our damned weekly podcast would you already?!?
In any event, I thought it might be interesting to extract this 6 minute discussion we had during last nights live streamed podcast about how the emergence of Litecoin mining operations is driving up prices of GPUs, particularly the compute-capable R9 290 and R9 290X Hawaii-based cards from AMD.
Check out these prices currently on Amazon!
- Radeon R9 290X - $725+
- Radeon R9 290 - $499+
- Radeon R9 280X - $429+
- GeForce GTX 770 - $409+
- GeForce GTX 780 - $509+
- GeForce GTX 780 Ti - $699+
The price of the GTX 770 is a bit higher than it should be while the GTX 780 and GTX 780 Ti are priced in the same range they have been for the last month or so. The same cannot be said for the AMD cards listed here - the R9 280X is selling for $130 more than its expected MSRP at a minimum but you'll see quite a few going for much higher on Amazon, Ebay (thanks TR) and others. The Radeon R9 290 has an MSRP of $399 from AMD but the lowest price we found on Amazon was $499 and anything on Newegg.com is showing at the same price, but sold out. The R9 290X is even more obnoxiously priced when you can find them.
Do you have any thoughts on this? Do you think Litecoin mining is really causing these price inflations and what does that mean for AMD, NVIDIA and the gamer?