Why are used Vega 56 so expensive?

[jacendb]

I bought a used Powercolor red dragon vega 56 two years ago for $280 USD. A couple of days ago one was sold on eBay for $380.

Why would people pay so much for this card? Is it mining?

If new cards weren't impossible to find I would sell mine at this price.

[Helpful Tech Witch]

It's because no one can find any gpus. So it's just supply and demand.

[Chiyawa]

1 minute ago, jacendb said:

I bought a used Powercolor red dragon vega 56 two years ago for $280 USD. A couple of days ago one was sold on eBay for $380.

Why would people pay so much for this card? Is it mining?

If new cards weren't impossible to find I would sell mine at this price.

Vega series GPU actually has some very great potential in workstation load. The massive memory bit width (2048 bits) are quite useful for rendering works and bit coin mining. So, yeah, partly due to mining.

[jaslion]

Gpu's are basically non existant. I got my watercooled (aio alphacool eiswolf + stock cooler if I want to go air) vega 56 for about 180€ now I can sell that same card for 400€ and it would be gone pretty darn rapidly.

[WhitetailAni]

I could probably sell my 2 EVGA GTX 650 Ti Boost 2GB Superclocked cards for $75 each, throwing in the SLI bridge for $5, and people would buy it.
Compare this to before the stock issues, where they sold for $20 each, max.

[Mark Kaine]

they're selling rx470 for 500 bucks now, so that shouldn't surprise you lol. 

 

 

I'm honestly wondering if this won't put a dent into this whole pc gaming business long term tho... I mean at some point it stops being funny, surely? 

[da na]

50 minutes ago, jacendb said:

I bought a used Powercolor red dragon vega 56 two years ago for $280 USD. A couple of days ago one was sold on eBay for $380.

Why would people pay so much for this card? Is it mining?

If new cards weren't impossible to find I would sell mine at this price.

It is supply and demand, plus they are still relatively new and competitive cards that perform well.

Don't be surprised; I found a 4gb RX 570 on ebay last week for $450 USD.

[Mark Kaine]

21 minutes ago, wat3rmelon_man2 said:

It is supply and demand,

although it kind of makes no sense, as per my example above, if you're in the market for new gpu you'd surely look at the 3000 / 6000 series, then why would you choose a vega or 1000/2000er card... what card was used prior...? 

 

I'm just saying I don't quite get the apparent influx of "new pc builders" why they wait so long and exactly when the biggest drought occurs... 

 

I know part of this is subjective but it really looks like :

"oh gpus are ridiculously overpriced and barely available right now? And other pc parts it's not much better, especially cpus?? Well, I guess I'm going to build a new pc asap, because why not, I always wanted to...!" 

 

(exactly the opposite to when I build my pc a couple of years ago, and I've been waiting several years - thanks 'mining'! - for the" right time "... only RAM was still overpriced as hell back then lol)