• Why Building a Gaming PC Right Now Is a Bad Idea, Part 2: Insane Graphics Card Prices [Techspot]
"Just as we thought graphics card pricing was starting to settle down late last year, it has skyrocketed higher than ever as a result of increasing demand from cryptocurrency miners and Chinese gamers, in addition to equally inflated memory prices. Altogether, this scenario has provided the perfect storm of reasons for holding off on your next GPU upgrade. The surging profitability of cryptocurrencies is likely the biggest contributing factor to the sudden hike in GPU pricing. The price of Ethereum has skyrocketed from ~$450 to well over $1,000 in the last month. At the time of writing, the value had hit just over $1,200, or a 170% increase in about a month and a half, so it's no wonder miners are snapping up every last GPU they can get. Ethereum is just one example, but there are other "up and coming" cryptocurrencies that have miners excited. So, while we hoped for cryptocurrency mining to start cooling off in 2018, so far the opposite has occurred."• Graphics card prices are ludicrous. [PC World]
"Graphics card prices are downright ludicrous, as the cryptocurrency craze skyrockets in lock-step with Bitcoin's rising price. That's nothing new. Miners have been inflating graphics card prices since the middle of the year. But the damage was limited to the middle of the market for most of 2017. Currently, virtually every gaming-class graphics card is affected. The theoretically $200 3GB GeForce GTX 1060 currently goes for $380 to $550—when you can find it in stock, that is. The Radeon RX 570, RX 580, and 6GB GTX 1060—graphics cards with suggested retail prices of $200 to $250—are selling for $500 to $800 on Newegg. And if you thought the GTX 1080 Ti's $700 price tag was steep, prepare to clutch your chest: Nvidia's gaming flagship can't be found for less than $1,300 on Newegg today. It's bleak. Real bleak. And the prices for used graphics cards are just as depressing."• Here's why you can't buy a high-end graphics card at Best Buy [Ars Technica]
"On Wednesday, I visited my local Best Buy to see the graphics card shortage for myself. A locked cabinet in the gaming section was supposed to hold a wide range of graphics card. But the more expensive ones—cards like the AMD Radeon RX 580 and Nvidia GeForce GTX 1080 that were best suited for cryptocurrency mining—were sold out. All that was available were a handful of low-end graphics cards not suitable for Ethereum mining. I asked a sales representative to check to see if I could get an RX 580 at another Best Buy store. No luck. "It's not available in any store," she told me. "It's not online." I had an experience that's being played out all over the country and around the world. Sullivan McIntyre, a Redditor from San Francisco, sent us this photograph of the graphics card section at Central Computers. Not only are there hardly any graphics cards available for purchase, but the company has notified customers that it is suspending its return policy for graphics cards. The reason: graphics card prices have been fluctuating wildly."• To Combat Shortage, Nvidia Asks Retailers to Limit Graphics Card Orders [PC Mag]
While there isn't much major manufacturers AMD and Nvidia can do about the overwhelming demand for GPUs, Nvidia is at least trying to let retailers know that they should be holding their stock for the company's core audience: gamers, not miners."For NVIDIA, gamers come first. All activities related to our GeForce product line are targeted at our main audience. To ensure that GeForce gamers continue to have good GeForce graphics card availability in the current situation, we recommend that our trading partners make the appropriate arrangements to meet gamers' needs as usual,"Nvidia is suggesting that retailers limit graphics card orders to just two per person, but that's just an idea—one Nvidia can't actually enforce beyond restricting sales on its website, which it's currently doing. That said, it wouldn't be difficult to place multiple orders on behalf of you and your friends to skirt Nvidia's two-per-person limit. While Nvidia's move will at least force an amateur cryptocurrency miners to get creative instead of just buying 16 graphics cards at once, the larger supply and demand issues cryptocurrency miners and gamers face might only be settled by time.



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