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Why are graphics card price going up so high?

CHEU2112
By CHEU2112
in Graphics Cards
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Posted

The prices of graphics card are going crazy right now, I see GTX 1060 going all the way to 450-600$CAD! Is there a reason for this happening?? Is it gonna come back soon? Should I get a reference card? 

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It's because of mining most of the gpu stocks are all bought up so there's no supply for the demand

R7 2700x (4.3ghz), Gtx Titan Xp Galactic Empire (Watercooled), 2x8 Gskill Trident 3200mhz, Asus Crosshair VII Hero Wifi, Corsair 900D, SAMSUNG 960 PRO M.2 256gb, Samsung 850 evo 500gb, 4x3tb 7200rpm Segate Barracudas in Raid 10 EKWB Custom Loop, Corsair AX1500i Power supply

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Demand is super high because crypto miners will pay any price for a gpu which power efficiently mines cryptocurrencies. They literally print money. 

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People be mining. I went to the computer store I usually go to since I help people do builds, but the only graphics cards I could pick from were 1050Ti's and an 8400 GS. 

"The only thing that matters right now is that you're here, and you're safe."

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Supply and demand. Nothing new really.

 

Main RIg Corsair Air 540, I7 9900k, ASUS ROG Maximus XI Hero, G.Skill Ripjaws 3600 32GB, 3090FE, EVGA 1000G5, Acer Nitro XZ3 2560 x 1440@240hz 

 

Spare RIg Lian Li O11 AIR MINI, I7 4790K, Asus Maximus VI Extreme, G.Skill Ares 2400 32Gb, EVGA 1080ti, 1080sc 1070sc & 1060 SSC, EVGA 850GA, Acer KG251Q 1920x1080@240hz

 

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The local shops in my city are even out of 1050/TI's.  Only thing I've seen readily available are some 1060's 3GB version that no one is scooping up. 

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