GPU mining craze continues.. sell a Vega 64, buy a Titan XP
The cryptocurrency phenomenon has been steadily stripping the GPU channel dry and driving prices up for the past four months. The DIY PC graphics card market has reached a boiling point and prices have risen to utterly ridiculous levels.
This should come as no surprise, as Ethereum and other GPU minable cryptocurrencies have converted the GPU, a typical PC gaming product, into a money printing machine. The demand on these virtual money printers has gotten so insane that owners of nearly any modern mid-range to high-end graphics card today can sell their hardware overnight for a 100%+ profit in the second hand market.
One such user has decided to take advantage of the situation and what they did was simply brilliant. A redditor who goes by MrGold2000 decided to put his used RX Vega 64 on sale for $1200, which is the average going price for the card at the moment. Suffice to say he had very little trouble finding a buyer.
It also so happens that the only Nvidia graphics card in-stock at the company’s website is, you guessed it, the recently introduced GTX Titan Xp Star Wars Collectors Edition at $1138. Not only has MrGold2000 managed to obtain a significantly faster graphics card in the Titan Xp, he also managed to do it while simultaneously making a profit on his original RX Vega 64 purchase.
