GPU Prices Dropping
ebergerly
Posts: 3,255
in The Commons
WOW. Newegg selling Gigabyte GTX 1070 for $450. And they have 1070s and 1080s for $450 to $550.
I read that ethereum prices crashed 20% on Sunday. Crazy.
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I have three 1070's and they are great. The first was a 1070 that was on sale on black friday and it was a great deal under $400 with 3 fans. The 1070 video card was so good at Iray I bought 2 more on craigslist both founders editions that work great just have turn on the fan to 100% before doing a render. Once the price on 1080ti drop I will purchase one to run my monitors and render along side my 1070's.
The prices still are iinflated. Before they started going up, up, up & away in price the GTX 1070 s were in the $300 to $400 price range
Yeah i think i paid just under 400 a few months ago. But 450 looks good next to the 800 to 900 a week ago
Odd. I bought my EVGA 1070 with 8GB for $379 +shipping on Amazon a few months back. It is now listed at $700 (different seller now). If anything, the prices seem to be going UP, and the scalpers appear well entrenched.
I hope prices drop accross the board for GPUs. I would like to get a new one in August, but the prices have been a little too high for me.
Interesting...
PCPartPicker posts charts of average price of GPU's over the last 18 months. And based on those it looks like the LOWEST average prices in the last 18 months for the GTX 1070, 1080, and 1080ti are as follows. Well, approximately depending on how you read the graph:
And today's lowest prices on newegg for those are as follows:
So if pcpartpicker is right, it looks like the GTX 1080 is at an all time low average price, and the GTX 1070 and GTX 1080ti are not much above their all time average low price. Of course that's the average, so that means there are/were a bunch selling both above and below that...
Well, I'd buy a ATI card and render in Blender and/or use the ATI ProRenderer SW before I allowed myself to be price gouged for video cards on 1 year release cycles.
The GTX 1080 price average you are seing has nothing to do with ethereum mining. The price drop you are seing has to do with it's price drop after the 1080 ti came out.
The 1080 and the 1080ti where not effected by the mining bubble, the two cards that inflated horribly from the mining bubble where the GTX 1060 (3 and 6GB versions) and 1070.
I have to respectfully disagree. I have an MSI GTX 1080 Armor in my new computer, which I bought from Cybersource PC last October. In another thread, one of the members was bemoaning the price increases, so I took a look at my 1080 over at Newegg, (I really want to add a second card,) and the price was $549.99. I almost bought it, but I wanted to discuss it with my husband first. The very next day it was up around $100. And it topped out at $749, in less than a week. It's only just come down to $639.99 the end of last week. Sadly, it seems to be holding steady at that price.
Perhaps it is an indirect effect, with the 1060s and 1070s so expensive, people bought the 1080 instead...? But regardless, these cards were definitely affected by the mining bubble.
If you look at the charts I was referring to, I think JamesJAB has a point, at least according to the AVERAGE price. In March of this year when the 1080ti's came out, you can see a drop in average prices for the 1080 just before the ti's were released. And it looks like they never recovered to this day, though in June/July the average seems to slightly trend up a bit.
The tough thing is that the market changes on a daily/hourly basis. If you look at newegg one day the prices might be $100 or more greater than the next day. Even this week that was the case. It depends on a lot of stuff, like the place you're shopping at, the stock they have, buyers' perceptions and emotions, and so on. I mean, how many people really understand the etherium or any other market in enough depth to know what they should pay for a GPU on any given day? I'm guessing a lot of people respond to clickbait and headlines without knowing the real details.
I know I do...
Well what does the 1080 go for, say at a Fry's, Best Buy, or MediaMarkt actual physical location?
Is your browser broken ?
(sorry, I couldn't resist)...
The reason behind the 1080 price never "recovering" is that the price officialy dropped because the old price was too close to the MSRP of the 1080 ti.
Right now on newegg the cheapest 1080 (Gigabyte GV-N1080WF3OC-8GD) is selling for $509.99.
On the flip side most of the GTX 1070 cards cost more than the 1080 cards on newegg. This has to do with how much crypto currency each card can mine per Watt used. The 1060 and 1070 cards are more proffitable to run on a long term basis for miners.
No, but...
If you are being price gouged online then it makes sense to visit a physical big-box store, back-order what you want for a fair price at their store, and wait.
My observation is the card I want went up $200 in the course of a single week at NewEgg and has only recently come down a bit more than $100. I did check other sites, (like Amazon, for one,) and the prices elsewhere were consistently higher than NewEgg. Comparing the low price at one store with the high price at another doesn't really tell me what the trend is. I may be able to look around and find the card I want elsewhere for less, online or off, but that doesn't negate the observation that the one card, at least, was affected to some degree by the rapid increase in price of the other cards.
Now, how that came about could easily be because of clickbait and headlines.
But I do believe, to a certain extent, prices went up on the 1080 due to supply and demand. If you were looking at buying a 1060 and saw a 1080 for only a small amount more, wouldn't you find a way to get the 1080 iinstead? I know I would, if I had to raid my husband's sock drawer to do it! (With his full knowledge, of course.)
\..0../ 
...certian models of AMD cards were also affected as well and as a matter of fact as I read there are a couple AMD based dedicated mining cards out.
Considering I have a pretty decent handle on Iray, and feel I need an enigma machine to figure out Blender, I can wait for the dust to settle once the cryptomning bubble bursts totally.
Besides I am pretty much set on a 1080 Ti which really hasn't been affected by the bubble. Yeah, forthcoming air cooled Vega Frontier (With 16 GB of HBM2) will be only about 280$ more, but I am done with Lux and Reality because of the ineherient instabilities and really dislike node based shader editing systems.
When the 1080 ti came out, Nvidia reduced the official MSRP of the 1080 to $499. I think the 1070 was $349 (but not sure on that one). The official MSRP of the 1080 ti was $699. I'd say the 1080 tis available now are within the expected price range. Most Founder's Editions can be found for $699, and most custom cooled models are going for between 709 to 850, depending on the type of cooling. The Tis weren't affected as much by the mining craze because they use more power and thus not as efficent. Also would take longer to see a return.
Anyway, yeah, the prices for 1070 and 1080 are still inflated.