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GeForce prices skyrocket as cryptocurrency miners snap up supply - TechAmok

GeForce prices skyrocket as cryptocurrency miners snap up supply - [briefly]
03:13 PM EDT - Jun,20 2017 - post a comment

NVIDIA cards are "drying up" just like certain Radeon cards due to increased interests in mining. The article points out that certain GTX 1060 models are going for $20 or $30 more than MSRP, which doesn't seem that bad, but then it notes that a GTX 1070 has increased from $380 to $472, with some going for more than $600 - so I suppose "skyrocket" is an appropriate title after all. Have any of you managed to make good profit on this situation yet?
Searching Newegg for the GeForce GTX 1060 shows only two 3GB versions available, and they're going for $20 to $30 over the card's $200 MSRP. You can find many more 6GB GTX 1060 cards, but they're all selling at wildly inflated prices as well. The 6GB cards dipped down to $240 or less around the time the Radeon RX 580 launched, but now every model except one sells for $270 to $310—and that lone exception still sells for $260. A similar situation exists on Amazon, with only a single backordered EVGA 3GB GTX 1060 going for anything near MSRP.

The GeForce GTX 1070 finds itself in even more dire circumstances. Ostensibly a $380 graphics card, the cheapest one you can find on Newegg right now is $472, and most are going for more than $600. The cheapest GTX 1070 I can find on Amazon costs $450. Do not buy a GTX 1070 at those prices. Many models of the more potent GeForce GTX 1080 still sell for $500, or slightly more for customized versions. Picking that up over a $600 GTX 1070 is a no-brainer for gamers.

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