If you’ve been looking to purchase some RX 470s for your mining rig lately, you surely noticed the crazy price tags on those GPUs. Today I checked the prices again and the best deal I could find was 700 USD for one card. That’s crazy!
You probably know that the inflated price is due to the fact that AMD fails to satisfy the growing demand on mining GPUs. Cryptocoin mining is really profitable nowadays and it keeps attracting new people to the business. The norm for a GPU mining rig is between six and eight GPUs, with many people having multiple of those rigs at home. No wonder why miners emptied all shelves and stocks, leaving no GPUs to be purchased.
It is interesting how Sapphire reacted to the issue. Instead of manufacturing more classic RX 470s and 480s, they took the time to create a new branch of GPUs aimed for cryptomining.
Do you think they're worth a price or its just temporary?