this post was submitted on 15 Jun 2025
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Not surprised. Many of these high end GPUs are bought not for gaming but for bitcoin mining and demand has driven prices beyond MSRP in some cases. Stupidly power hungry and overpriced.
My GPU which is an RTX2060 is getting a little long in the tooth and I'll hand it off to one of the kids for their PC but I need to find something that is a tangible performance improvement without costing eleventy stupid dollars. Nvidia seems to be lying a lot about the performance of that 5060 so I might look at AMD or Intel next time around. Probably need to replace my PSU while I'm at it.
That's a thing of the past, not profitable anymore unless you use ASIC miners. Some people still GPU mine it on niche coins, but it's nowhere near the scale as it was during the bitcoin and ethereum craze a few years ago.
AI is driving up prices or rather, it's reducing availability, which then translates into higher prices.
Another thing is that board manufacturers, distributors and retailers have figured out that they can jack up GPU prices above MSRP and enough suckers will still buy them. They'll sell less volume but they'll make more profit per unit.
My kid got the 2060, I bought a RX 6400, I don't need the hairy arms any more.
Then again I have become old and grumpy, playing old games.
Hell, I'm still rocking with a GTX 950. It runs Left for Dead 2 and Team Fortress 2, what more do I need?