In my country the miners have bought up all the video cards Radeon.

[warrior333]

In my country the miners have bought up all the video cards Radeon RX 470 and 480. The price has gone up 2-3 times. Really this card can be purchased for $ 600. What is the situation in your countries?

[Dude.Lebowski]

In my country the miners have bought up all the video cards Radeon RX 470 and 480. The price has gone up 2-3 times. Really this card can be purchased for $ 600. What is the situation in your countries?

What country?

[swogerino]

In my country the miners have bought up all the video cards Radeon RX 470 and 480. The price has gone up 2-3 times. Really this card can be purchased for $ 600. What is the situation in your countries?

It is not just your country. This situation is happening almost anywhere in the world. This may well be a bubble as once the difficulty of altcoins go up , these persons may be left with dust amount from mining and losing money with their investment. Once the vega cards come out from Amd later this year the RX series will become obsolete in mining in a short time then.

[mclone]

In my country the miners have bought up all the video cards Radeon RX 470 and 480. The price has gone up 2-3 times. Really this card can be purchased for $ 600. What is the situation in your countries?

I remember there were many mining gpus for sale in local classified ads sites nowadays can see rarely.
People that never think before can be miner started their rigs...

[couture]

This is indeed a global phonemon

I don't think the vegas will make a huge difference - yes they are more powerful but hash/dollar is really what counts and so far the rumours and leaks have been that they are very very pricey and that their price increase is disproportionate to their hash increase

[FlamingFingers]

It is totally crazy, really. I remember there were tons of RX470s in my county's online/offline computer hardware shops three months ago, nowadays, 'This product is currently out of stock' hits your face everywhere.

[hancor]

This mining industry really create an great business oppurtunity for card manufacturers. I guess they don't expect it

[VRobb]

This: https://bitcointalk.org/index.php?topic=401897.0

[HugoPT]

Not only Radeon, 2 weeks ago in my country you could find some Nvidia 1070's, but now it's impossible to without being completely robbed.

[Vann]

It was almost as bad back in early 2014 during the Scrypt craze. The prices on even low end cards went up >50% and it took a while after the craze ended for them to go back to normal. Only problem is that this time it's much worse. Altcoins were relatively new back then, it was mostly geeks that were mining. Now with all the hype of ETH and record BTC prices, everybody is looking to get in to mining, evidenced by all the "I have no clue what I'm doing, but want to invest $5K threads".

[QuintLeo]

First, the RX 470/480/570/580 got hammered.
Then it spread to the GTX 1070 as the "next best" ETH mining card, once the RXs got into the same price range.
Then it spread to the GTX 1060 as the "next best" option.
It seems to be having a small impact on the GTX 1080 due to ZEC miners liking those cards and the other good ZEC cards getting crazy-priced.

 For AMD, it was JUST as bad in late 2013/early 2014 during the great Litecoin mining craze - but back there there weren't a lot of other alternatives and NVidia cards weren't very good at mining Scrypt.
 X11 drug that out for a couple months, but when Litecoin price finally collapsed far enough the wave of "need something to mine" folks swamped Darkcoin (now DASH) and drove almost all the small miners (and some FARMS in higher-priced electric areas) back out of mining.

 This time around is a lot worse - ETH is worth a lot more and the profitability at it's peak about a week-and-a-half back was a LOT higher than Litecoin ever managed, other Altcoins also exploded and THEIR profitability was in the same ballpark as ETH (at least in part due to the "basket balance" tendancy), but many of those other altcoins COULD be mined equally profitably or even MORE profitably by NVidia cards - then the RX cards got crazy priced to the point that the GTX 1070 and to a lesser degree the GTX 1060 became competative on a hash/$ basis EVEN ON ETH to anything AMD.

 I also suspect this time around that the situation is going to last longer - the Litecoin / X11 craze only lasted a few months (perhaps 6 at MOST but that's pushing it a little) - the current craze is already 3 months or so in, and there was substantial mining ALREADY going on before the price jumps that started the craze hit.

 BTW - the older AMD cards are also strongly affected, try finding a R9 290/290x/390/390x for under $500 any more, and even the 7950/7970/R9 280/280X/380/380X are way up on price WHEN you can find them.

 Pre-Pascal NVidia cards seem to be mostly immune, except for use with some of the small-market-cap coins that have been traditional NVidia strongholds the last couple years.

[FlamingFingers]

Poor me and other gamer. I am afraid by the time I have enough money to grab a GTX1080TI Gaming GPU, there would be none available, and the next generation cards will be over-priced. Miners, have mercy on our poor souls.

[grchina]

Poor me and other gamer. I am afraid by the time I have enough money to grab a GTX1080TI Gaming GPU, there would be none available, and the next generation cards will be over-priced. Miners, have mercy on our poor souls.

Wait for few months and you will be playing with 580 crossfire for  200$

[antantti]

Those miners are actually doing a favor for you.

Wait,wait and again wait...

[FlamingFingers]

Poor me and other gamer. I am afraid by the time I have enough money to grab a GTX1080TI Gaming GPU, there would be none available, and the next generation cards will be over-priced. Miners, have mercy on our poor souls.

Wait for few months and you will be playing with 580 crossfire for  200$

That's in case Crypto currency mining with those cards gets less profitable, but not likely after a few months.

Those miners are actually doing a favor for you.

Wait,wait and again wait...

What kind of favor? A less-priced card that is worn out from mining? Ah, nah, thanks. I always head for new products, so I won't lay a finger on a used GPU worn out by gaming, let alone mining.

[Wandika]

Poor me and other gamer. I am afraid by the time I have enough money to grab a GTX1080TI Gaming GPU, there would be none available, and the next generation cards will be over-priced. Miners, have mercy on our poor souls.

Wait for few months and you will be playing with 580 crossfire for  200$

That's in case Crypto currency mining with those cards gets less profitable, but not likely after a few months.

Those miners are actually doing a favor for you.

Wait,wait and again wait...

What kind of favor? A less-priced card that is worn out from mining? Ah, nah, thanks. I always head for new products, so I won't lay a finger on a used GPU worn out by gaming, let alone mining.

Yeah. Second hand item especially GPU used in mining is not a 100% efficient anymore. It will might give you an additional expenses and loss once it need a repair or it is broken. Mining are very hardcore work for GPU. I don't see to any benefits on it

[antantti]

What kind of favor? A less-priced card that is worn out from mining? Ah, nah, thanks. I always head for new products, so I won't lay a finger on a used GPU worn out by gaming, let alone mining.

You just don't want to buy a mining gpu right now. Why is it so hard to understand?

[FlamingFingers]

What kind of favor? A less-priced card that is worn out from mining? Ah, nah, thanks. I always head for new products, so I won't lay a finger on a used GPU worn out by gaming, let alone mining.

You just don't want to buy a mining gpu right now. Why is it so hard to understand?

Make a refurbished old Graphics card, and call it a 'mining GPU'? Yeah, sure, can't wait to get one of those. What Graphics cards manufacturers have shown so far doesn't intrigue me a bit, and miners will also head for gaming GPUs.

[Vann]

What kind of favor? A less-priced card that is worn out from mining? Ah, nah, thanks. I always head for new products, so I won't lay a finger on a used GPU worn out by gaming, let alone mining.

You just don't want to buy a mining gpu right now. Why is it so hard to understand?

Make a refurbished old Graphics card, and call it a 'mining GPU'? Yeah, sure, can't wait to get one of those. What Graphics cards manufacturers have shown so far doesn't intrigue me a bit, and miners will also head for gaming GPUs.

Not going to happen. That would be illegal to sell used parts as new and they would get sued.

[FlamingFingers]

What kind of favor? A less-priced card that is worn out from mining? Ah, nah, thanks. I always head for new products, so I won't lay a finger on a used GPU worn out by gaming, let alone mining.

You just don't want to buy a mining gpu right now. Why is it so hard to understand?

Make a refurbished old Graphics card, and call it a 'mining GPU'? Yeah, sure, can't wait to get one of those. What Graphics cards manufacturers have shown so far doesn't intrigue me a bit, and miners will also head for gaming GPUs.

Not going to happen. That would be illegal to sell used parts as new and they would get sued.

I didn't mean by old used parts of GPU. I meant old technologies, old generations, and old memories, which they will produce (or reproduce) and pack them altogether in some nice looking so-called 'mining GPU' that won't do as much as recent gaming Graphics Cards.