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AMD RX 580 8GB GPUs have started selling for under £250 in the UK

Shame the prices for RX 570 GPUs remain at mad levels.

AMD RX 580 8GB GPUs have started selling for under £250 in the UK

AMD RX 580 8GB GPUs have started selling for under £250 in the UK

2017 has not been a great year for newcomers to the PC gaming scene, with NAND, DRAM and GPUs all receiving price increases thanks to supplying shortages that have been driven by the GPU mining craze and the ever-growing popularity of mobile devices. 

In recent months the retail and second-hand prices of many of today's mid-high-end GPUs (especially on the AMD side) skyrocketed, with £400 prices for RX 570 GPUs being common on websites like eBay and retail stock for these GPUs being almost non-existent.   

Thankfully things are starting to return to normality at retail, with RX 580 8GB GPUs starting to sell at their regular prices, with Powercolor now selling their RX 580 8GB Red Dragon for under £250, a price that was but a dream when the recent cryptocurrency mining boom was at its peak. 
 
Sadly not all GPUs have returned to normal pricing, with RX 570 models still retailing at well above their (pre-mining) normal retail levels, with cheaper 4GB cards costing £239.99, less than £10 less than an 8GB RX 580. Hopefully, RX 570 prices will return to normal in time, though it is hard to know if or how long this will take. 

AMD RX 580 8GB GPUs have started selling for under £250 in the UK

Hopefully, this is a sign that the GPU market is returning to normality, which is good news for those that want to create mid-range PCs. At this time there is no clear sign that NAND and DDR4 memory prices will decrease in the near future, making the PC building process annoying for newcomers. 

You can join the discussion on AMD's RX 580 selling for under £250 on the OC3D Forums

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Most Recent Comments

23-10-2017, 09:51:36

AngryGoldfish
Am I wrong in saying this, but wouldn't it just be a matter of time before the craze died down even with mining still being popular? There's only so many miners out there. Until new GPU's become available, miners will only buy what they need and then stop. You'll always have new people joining in or current miners replacing dead GPU's, upgrading, or adding, but if given enough time, the craze—the actual craze—will die down and cause prices to stabilise again. Miners will still be buying graphics cards, but gamers will be able to now as well at normal prices.Quote

23-10-2017, 11:02:17

NeverBackDown
Quote:
Originally Posted by AngryGoldfish View Post
Am I wrong in saying this, but wouldn't it just be a matter of time before the craze died down even with mining still being popular? There's only so many miners out there. Until new GPU's become available, miners will only buy what they need and then stop. You'll always have new people joining in or current miners replacing dead GPU's, upgrading, or adding, but if given enough time, the craze—the actual craze—will die down and cause prices to stabilise again. Miners will still be buying graphics cards, but gamers will be able to now as well at normal prices.
What you are talking about is supply and demand. In this case, demand is lowering, and supply remaining the same. Meaning more stock and lower prices. Quote

23-10-2017, 11:07:22

AngryGoldfish
Quote:
Originally Posted by NeverBackDown View Post
What you are talking about is supply and demand. In this case, demand is lowering, and supply remaining the same. Meaning more stock and lower prices.
I always thought of supply and demand as something the companies controlled artificially than a natural occurrence from a lowering in demand. But you're right.Quote

23-10-2017, 11:29:49

Korreborg
Well it can be a factor for companies. Put when there is a hype, most companies will do what ever they can to meet the demand.Quote

23-10-2017, 15:06:54

NeverBackDown
Quote:
Originally Posted by AngryGoldfish View Post
I always thought of supply and demand as something the companies controlled artificially than a natural occurrence from a lowering in demand. But you're right.
They can control it. It's very difficult and really only works for expensive/premium products. For example, the demand could be 100 items of shoes. But they on purpose only make 97 shoes. This means demand is greater than supply, so they charge a premium AND it keeps the hype up because " it's selling out it must be great!" Mentality people have

In this case of mining crazes we have, it's a much different situation. But basically companies in this case are not increasing supply on purpose to meet demand because it will flood the used market which hurts themQuote
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