When can we expect AMD 290 supply situation to improve?

[TeknoBug]

Is the price of electricity is what's keeping Euro's out of the crypto coin craze?

I wonder.... my elec bill is stupidly high, I can't even think of trying to mine coin, my last 2 bills were around $1000 (CDN).

 

[Arkaign]

Except for the fact that AMD is not making "loads" of money due to the fact that they are supply constrained and due to the fact that retailers are (presumably) the ones marking up the price in the first place.

Only the most rabid fanATIc would suggest that these ridiculously inflated USA prices are somehow a good thing for gamers.

True, and the worst thing is :

If (when really) the gov't decides to shut this down, or it crashes for other reasons, then AMD won't be selling many more cards, the market will be glutted with heaps and heaps of used ones.

 

[KingFatty]

True, and the worst thing is :

If (when really) the gov't decides to shut this down, or it crashes for other reasons, then AMD won't be selling many more cards, the market will be glutted with heaps and heaps of used ones.

Hah, I want to see the posts in the forum, asking how to get 8x 7950 crossfire working. I bet there will be so many 7950 showing up on ebay and craigslist at that point, they will be super cheap. Just need those ASICs to come out (or perhaps, I'm hoping, Nvidia somehow decides to add the hardware instruction that makes mining efficient and blows away AMD performance lead for mining).

 

[bepo]

True, and the worst thing is :

If (when really) the gov't decides to shut this down, or it crashes for other reasons, then AMD won't be selling many more cards, the market will be glutted with heaps and heaps of used ones.

Which might be compounded even more if AMD is trying to build up stock to take advantage of this craze. If crypto currencies crash while AMD continues to try to ramp up production they may be left with a lot of new stock in a super saturated market.

 

[Pneumothorax]

Hah, I want to see the posts in the forum, asking how to get 8x 7950 crossfire working. I bet there will be so many 7950 showing up on ebay and craigslist at that point, they will be super cheap. Just need those ASICs to come out (or perhaps, I'm hoping, Nvidia somehow decides to add the hardware instruction that makes mining efficient and blows away AMD performance lead for mining).

I've been wondering why Nvidia hasn't done this since AMD has had a huge lead since 5XXX days for mining... Hopefully Maxwell won't be good for mining either as us gamers still need affordable cards.

 

[geokilla]

True, and the worst thing is :

If (when really) the gov't decides to shut this down, or it crashes for other reasons, then AMD won't be selling many more cards, the market will be glutted with heaps and heaps of used ones.

Cryptocoin isn't going to get shut down. Not in a million years.

 

[hungtran]

If there are heaps and heaps of cheap 280x, 290 and 290x cards on ebay, then Nvidia sales will suffer also, not just AMD.

 

[Sunburn74]

Except for the fact that AMD is not making "loads" of money due to the fact that they are supply constrained and due to the fact that retailers are (presumably) the ones marking up the price in the first place.

Only the most rabid fanATIc would suggest that these ridiculously inflated USA prices are somehow a good thing for gamers.

Can't AMD just quietly raise the MRSP they are selling these cards to retailers for? There's no reason a MRSP has to stay static. Just look at the price of oil for example.

Cryptocoin isn't going to get shut down. Not in a million years.

Isn't there a law about starting competing currencies against the dollar in the US? I'm pretty surprised this thing has gone on as long as it has.

 

[ShintaiDK]

Can't AMD just quietly raise the MRSP they are selling these cards to retailers for? There's no reason a MRSP has to stay static. Just look at the price of oil for example.

They could if they wanted to completely abandon their marketshare to nVidia. The high US/CA prices will backfire. Only good thing is those 2 markets are relatively small. And the rest of the world more or less got MSRP prices on the products.

 

[Arkaign]

Can't AMD just quietly raise the MRSP they are selling these cards to retailers for? There's no reason a MRSP has to stay static. Just look at the price of oil for example.


Isn't there a law about starting competing currencies against the dollar in the US? I'm pretty surprised this thing has gone on as long as it has.

Yes, there is.

The thing about the US Gov't is that it's SLOW. But, when it starts cranking along, it really starts getting aggressive. CISPA/SOPA/etc, if you look at the sponsors and voting records, are split issues for Dems, and nearly 100% support from Reps. Well, as soon as the Reps get a majority back in the House AND Senate, there goes the neighborhood. The establishment Republicans want to eliminate Bitcoin (a few have been kind enough to say they want to regulate it instead), while a handful of fringe libertarian Republicans want to embrace it.

But one thing I can absolutely guarantee : the Government will NOT be able to resist getting involved. It's just what they do.

 

[Arkaign]

If there are heaps and heaps of cheap 280x, 290 and 290x cards on ebay, then Nvidia sales will suffer also, not just AMD.

And this IS also true. Though AMD may get a bit more of a bad rap from used cards that may or may not have been treated well during their time.

 

[hungtran]

I would be all over cheap used 290X cards if that day ever comes because I can simply RMA and maybe even get a newer manufactured card.

 

[JumBie]

All I can say is I feel bad for people who know nothing about the MSRP and the inflated prices of today. Because these are the people who will walk into the store and gladly pay hundreds of dollars more for something that is worth a lot less, without even knowing it. I mean that is assuming there's any stock at retail locations.

 

[Spidre]

Oh lord. I would sell my 780ti for 2 or 3 used 290x's in a heartbeat.

 

[geokilla]

And this IS also true. Though AMD may get a bit more of a bad rap from used cards that may or may not have been treated well during their time.

Same could have been said for NVIDIA when it dominated distributed computing.

 

[Arkaign]

Same could have been said for NVIDIA when it dominated distributed computing.

True, but that would have been absolutely miniscule compared to the *coin craze. The number of media articles, cards selling out instantly, months and months of price gouging/scalping, none of this has been seen before even remotely in this kind of scale. Even ancient used cards like 58xx/68xx/69xx have seen a huge premium from this bonanza.

 

[24601]

Who wants to take bets on when the 290x hits 1000 USD?

Humiliate Titan indeed

All the shills will be like.

SEE!!! 290x is WORTH MORE THAN TITAN BLACK!!!!

Victory!!!!!!!!!!

 

[3DVagabond]

Yes, there is.

The thing about the US Gov't is that it's SLOW. But, when it starts cranking along, it really starts getting aggressive. CISPA/SOPA/etc, if you look at the sponsors and voting records, are split issues for Dems, and nearly 100% support from Reps. Well, as soon as the Reps get a majority back in the House AND Senate, there goes the neighborhood. The establishment Republicans want to eliminate Bitcoin (a few have been kind enough to say they want to regulate it instead), while a handful of fringe libertarian Republicans want to embrace it.

But one thing I can absolutely guarantee : the Government will NOT be able to resist getting involved. It's just what they do.

They are weighing up their options. Politicians are slow minded (really slow), but eventually even they start to catch on.

It costs money to enforce laws. Why not just tax it instead?

Now, in the past they've tended to outlaw things because they like to legislate your life for you. Law enforcement is a H-U-G-E expense and the economy is truly taxed by it. Taxation and regulation sound much more inviting as each year goes by. Government grows and they have more money to spend on their pet projects. What politician doesn't like that combination?

If you look at how much mining has inflated AMD pricing you can imagine how much money is there for the government.

 

[B-Riz]

http://www.slate.com/articles/technology/future_tense/2014/02/bitcoin_ransomware_scams_how_cryptocurrencies_threaten_our_financial_security.html

Read the above and ponder it.

So, one thing no one has mentioned is that our current banking system offers many levels of consumer protection.

Alt coin offers 0 to none government backed protection.

When the first huge tax evasion case is cracked that uses alt coins, the government will lock it down or outlaw it.

I see this craze as a try to get rich @ regardless the physical investment, because the mining durable goods can be sold for profit as most farms were bought in bulk at discounted prices.

 

[guskline]

Wanted to post this to respond to some who say that the rapid increase in the R9 290/290x isn't going to hurt AMD.

Rig 2 below used to have 2 GTX660s in SLI. When the R9 290x and later 290 debuted I seriously considered buying a R9 290 because of the price point and performance. I decided to wait a little because of the Christmas season coming and the likelihood I would receive Newegg gift cards. At the Debut of the 290 it was Slightly above the MSRP of $399 and the EVGA GTX 780 Classified was @$200 more. I thought about the Classified because it was really powerful etc. etc but a R9 290 at @$400 was just too hard to pass by. I waited. When I purchased the Classy it was $539 and the STOCK R 290 (if you could get it) was less than $30 cheaper. It was a NO BRAINER. Get the Classy. Just check the lowest price of a R9 290 at the Egg - $599!

Nvidia has me tied up for another generation.

 

[ICDP]

Wanted to post this to respond to some who say that the rapid increase in the R9 290/290x isn't going to hurt AMD.

Rig 2 below used to have 2 GTX660s in SLI. When the R9 290x and later 290 debuted I seriously considered buying a R9 290 because of the price point and performance. I decided to wait a little because of the Christmas season coming and the likelihood I would receive Newegg gift cards. At the Debut of the 290 it was Slightly above the MSRP of $399 and the EVGA GTX 780 Classified was @$200 more. I thought about the Classified because it was really powerful etc. etc but a R9 290 at @$400 was just too hard to pass by. I waited. When I purchased the Classy it was $539 and the STOCK R 290 (if you could get it) was less than $30 cheaper. It was a NO BRAINER. Get the Classy. Just check the lowest price of a R9 290 at the Egg - $599!

Nvidia has me tied up for another generation.

It doesn't hurt AMD because everyone knows that the price hikes are down to unscrupulous retailers such as Newegg. While AMD may have lost a sale to you they made that sale (and more) to cryptocoin miners. So in the long run AMD still got the sale.

The only possible downside I can see is if you liked the R9 290 so much you would have become more likely to purchase AMD in the future. Having said that, from your post I suspect that like most here, you will purchase whatever is the best deal for you.

 

[B-Riz]

Wanted to post this to respond to some who say that the rapid increase in the R9 290/290x isn't going to hurt AMD.

Rig 2 below used to have 2 GTX660s in SLI. When the R9 290x and later 290 debuted I seriously considered buying a R9 290 because of the price point and performance. I decided to wait a little because of the Christmas season coming and the likelihood I would receive Newegg gift cards. At the Debut of the 290 it was Slightly above the MSRP of $399 and the EVGA GTX 780 Classified was @$200 more. I thought about the Classified because it was really powerful etc. etc but a R9 290 at @$400 was just too hard to pass by. I waited. When I purchased the Classy it was $539 and the STOCK R 290 (if you could get it) was less than $30 cheaper. It was a NO BRAINER. Get the Classy. Just check the lowest price of a R9 290 at the Egg - $599!

Nvidia has me tied up for another generation.

I was in the same boat, had no issue with a $400 R9 290, but wanted a better thank stock cooling setup.

By the time they came out, they were way over anything reasonable.

So when I saw a GTX 780 ACX for $432, I bit.

Have not had nVidia since the AGP XFX 6600GT bought in 2004...

 

[IEC]

Wanted to post this to respond to some who say that the rapid increase in the R9 290/290x isn't going to hurt AMD.

Rig 2 below used to have 2 GTX660s in SLI. When the R9 290x and later 290 debuted I seriously considered buying a R9 290 because of the price point and performance. I decided to wait a little because of the Christmas season coming and the likelihood I would receive Newegg gift cards. At the Debut of the 290 it was Slightly above the MSRP of $399 and the EVGA GTX 780 Classified was @$200 more. I thought about the Classified because it was really powerful etc. etc but a R9 290 at @$400 was just too hard to pass by. I waited. When I purchased the Classy it was $539 and the STOCK R 290 (if you could get it) was less than $30 cheaper. It was a NO BRAINER. Get the Classy. Just check the lowest price of a R9 290 at the Egg - $599!

Nvidia has me tied up for another generation.

I was going to stick with my 7950 for another generation but instead in November/early Dec bought 6x R9 290 (1 reference, 5 non-ref - avg out of pocket $455 or so), 2x R9 280X ($275 ea), and 2x 7950s ($155 ea). Perhaps I got lucky by buying the majority of my cards before most retailers went full retard on pricing, but that's 10 AMD cards I would not have otherwise purchased, and I'm peanuts compared to some of the guys in this forum like Virge (linked his setup earlier in this thread, 4 of those 18x R9 290 racks...)

tl;dr I really don't think a few gamers skipping AMD this generation is hurting their sales...

 

[Bateluer]

Cryptocoin isn't going to get shut down. Not in a million years.

Heh, its already been declared illegal in a few countries and highly restricted in others.

OP is confused though, there are 13 290/X cards for sale, in stock, at Newegg right now. Supplies are there and available, but demand is high and so they command a premium.

Glad I was able to snag my 290X for MSRP before the bubble inflated.

 

[gdansk]

Heh, its already been declared illegal in a few countries and highly restricted in others.

Yeah, I don't think any amount of it being legal is going to stop it. It's illegal in many countries merely to encrypt information. Belarus, Kazakhstan, Mongolia, Pakistan, Singapore, Tunisia, and Vietnam just to name a few. People do it anyway.

It'll defeat itself, no need to ban it.