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AMD Radeon R9 290X price still inflated, but only in North America

By Scorpus
Feb 15, 2014
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  1. If you've headed to a retailer recently in the hopes of purchasing one of AMD's high-end graphics cards, you may have discovered the prices have rocketed above what was set at launch. While the Radeon R9 290X's price was set...

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  2. VitalyT

    VitalyT Russ-Puss Posts: 3,156   +1,431

    "Only those lucky to get in early will profit" - is the core notion of a financial pyramid, where currency mining fits in perfectly. Sad to see IT folks making most of those panders, but I guess being a techie doesn't pay to understand financial scams.
     
  3. Eddo22

    Eddo22 TS Enthusiast Posts: 161   +6

    Why are miners to blame for high prices? Greedy sellers are just trying to make an extra buck if you ask me.
     
  4. EEatGDL

    EEatGDL TS Maniac Posts: 481   +159

    Here in Mexico the R9 290 4GB costs $5,830 MXN before tax (~USD $432) and I was surprised when I saw the price in Amazon.
     
    Jad Chaar likes this.
  5. Relic

    Relic TechSpot Chancellor Posts: 1,379   +16

    This crazy mining price inflation isn't only hitting the high end; AMD’s midrange lineup is unfortunately also being hammered. The R9 270 & R9 270X retailed at an MSRP of $179 & $199. They are currently sitting at $250 - $260 and $300 - $320 respectively, which is insane, and almost in line with their original MSRP when these cards launched in 2012 as the 7850/7870 ($250/$350).

    It’s a bad time to be a PC gamer looking for a GPU upgrade, as AMD’s price-to-performance ratio is out the window and Nvidia is your only realistic option.
     
  6. richalone442

    richalone442 TS Rookie Posts: 24   +10

    Doesn't AMD have the ability to rain in these retailers, this is plain and simple price gouging. AMD could and should just sell the GPUs directly from their warehouses at the suggested retail prices and cut the throats of the gougers. I will wait until the prices come way down before I buy one of these GPUs, or I might just order it overseas and save a bunch, I will have to pay more and wait a bit on shipping though. People that pay more the the Suggested Retail Price are either stupid or just have more money than brains.
     
    H3llion likes this.
  7. Its basic economics. Its not about AMD being greedy. Since demand is larger than supply it drives the prices up. This is so it can cool down the demand so that AMD 's supply can keep up with demand.
     
  8. TheBigFatClown

    TheBigFatClown TS Guru Posts: 647   +227

    I still have an XFX HD6670 I have never even installed yet. Can somebody tell me the exact features that these graphics cards use for this crypto-mining process? Does the HD6670 have these features that would inflate its worth?
     
  9. dividebyzero

    dividebyzero trainee n00b Posts: 4,891   +1,258

    Mining on a GPU is basically an integer (shift) function. AMD's architectures are prioritized for this.
    No. It will mine, but mining worth is governed by performance per watt and the overall hashing rate. While performance per watt might be acceptable, expending a PCI-E slot for the 6670's productivity makes it a marginal product. I presume from the way you phrased your question you're looking to resell the card, so it depends on what you paid for it. Newegg's only in stock 6670 is $55 -also an XFX (after MIR).
     
    Jad Chaar likes this.
  10. TheBigFatClown

    TheBigFatClown TS Guru Posts: 647   +227

    The webpage you posted a link to above shows that the 5970 smokes my 6670, wth? I want my money back. The newer numbers are always supposed to be better and faster than the older numbers. I'm calling my attorney.
     
  11. veLa

    veLa TS Evangelist Posts: 708   +168

    These inflated prices are the reason I went with a GTX 770 instead of an R9 280x.
     
  12. dividebyzero

    dividebyzero trainee n00b Posts: 4,891   +1,258

    You've clearly been wronged. Spurious/vague naming conventions, possible misrepresentation...maybe even pain and suffering. Smells like that great American pastime....class action!
    I'd suggest these guys. They may even have an all-purpose litigation brief already set up.
     
    Jad Chaar likes this.
  13. Obvious troll.
     
  14. TheBigFatClown

    TheBigFatClown TS Guru Posts: 647   +227

    Yes, I am seriously interested in class action. It doesn't make sense that a 5970 > 6670. That is deceptive as hell. I didn't make my purchasing decision at the time based upon these numbers, but none the less, I think we have a lawsuit here! I have much pain and suffering from shattered hopes that this card would yield a profit. It's actually selling about $20.00 cheaper now than what I paid. I can't just let this go.
     
  15. GhostRyder

    GhostRyder This guy again... Posts: 2,191   +590

    I got mine before the price surge (2 of them) and a third partially in (575 on the powercolor version) and they are great but at the price hike its a hard sell. Im actually thinking about selling off the trio just because I could profit from the waterblocks and the GPUs right now and just grab some 780tis since they are faster even if it is not by that big a margin.

    Its really annoying that the retailers are doing this though, just a way to ruin something truly nice and earn an extra couple of bucks. Selling the GPU's on their website like EVGA do might have alleviated some of this.
     
  16. LNCPapa

    LNCPapa TS Special Forces Posts: 4,210   +424

    At first I thought you were serious! LOL - you almost got me.
     
  17. captaincranky

    captaincranky TechSpot Addict Posts: 11,703   +1,887

    I know you can get do-it-yourself Bankruptcy filing papers for under $200.00, perhaps there's paperwork for this as well.

    If you play your cards right, you can claim that overpaying for the aforementioned video card, forced you into bankruptcy, and recover the cost of those papers as well!:)
     
  18. Jad Chaar

    Jad Chaar TS Evangelist Posts: 6,477   +965

    It isnt deceptive... the 5970 has more processing cores than the 6670.

    With your logic, it is like saying a nVidia GT 610 is more powerful than a GTX 590. Yeah right...
     
  19. captaincranky

    captaincranky TechSpot Addict Posts: 11,703   +1,887

    You know you've backed the right horse, when you get your personal injury lawyer, via a picture and phone number on the side of a city bus
     
  20. Kibaruk

    Kibaruk TechSpot Paladin Posts: 2,518   +506

    I have one word for this... 'Murica!

    Well back to topic, that's how markets work, high demand + low stocks = high prices. As simple as that.
     
  21. cmbjive

    cmbjive TS Booster Posts: 777   +137

    I picked up two ASUS 780s for $980. AMD can thank cryptominers for making up my mind to go with Nvidia over their cards even though I really do prefer Radeon over Nvidia.
     
  22. cmbjive

    cmbjive TS Booster Posts: 777   +137

    How to control supply if demand outstrips what products are available?
     
  23. captaincranky

    captaincranky TechSpot Addict Posts: 11,703   +1,887

    Keep in mind, this post is at least as useless as anything I've put up completely off topic While I'm sure you believe your little equation is, "epic", it really is just a patently obvious, rehash of the obvious.

    Next time you want to post something of this ubiquitous "magnitude", give me a shout out and I'll help you up on your soapbox.

    The laws of "supply and demand", as they apply to this venue are quite different. Here, the children demand things, and their parents are forced to supply it. And do have a nice day.;)
     
    GhostRyder likes this.
  24. Kibaruk

    Kibaruk TechSpot Paladin Posts: 2,518   +506

    Just to stay "on topic" how is your post any helpful at all to the thread? Guess what finger I'm holding ;)

    Well if parents cant say no to an almost thousand buck video card... geez!

    Besides what for? There is no game that will really need such a card to run on ultra settings, maybe to multi monitor gaming... but that is kind of a stretch right?
     
  25. GhostRyder

    GhostRyder This guy again... Posts: 2,191   +590

    Ain't that the truth, whatever happened to going out on bulk pickup day and digging through junked computers to collect parts for your rig...Or was that just me when I was 8 :p

    The merchants taking advantage of this is plain stupid and harms the customers more than anything mostly because the coin miners are still buying them. Shoot im at the point im going to post the 290X trio on ebay with the 6990's and see if I get any hits at 2400+ bucks and just grab some 780ti's while still making a profit.
     

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