The Price of Graphics Cards: A Cryptocurrency-Driven Market

Now that's actually because you can use graphics cards, particularly those from the AMD side, to quote unquote mine these cryptocurrencies. What these graphics cards are able to do is they're able to search basically loads of combinations of letters and numbers, have strings, and try and find ones that match up to in taken chunks of Bitcoin more like corn or ethereal for example, which you can't mine people are then able to acquire those amounts of crypto currencies. Now you might think, a few people trying to get some Bitcoin on the cheap that's alright, that's not gonna affect things too badly, this is on an unprecedented scale. I'm aware, I sound like one of those newsreaders who's trying desperately to get as many ratings as possible, however it's true there's people with whole warehouses full of like AMD RX 4 or 5, 80s that are trying to mine these things and I think it was a government or a news outlet that actually said this could be massively contributing to global warming, which is perhaps a slight exaggeration, but to think it's got to that level is just completely bonkers.

There's now such a massive market for cryptocurrencies that people like Isis have drugs on the bandwagon and made motherboards that actually have loads and loads of graphics card PCIe slot connections on them to run as many graphics cards on one motherboard as possible. The CPU power isn't really an issue, you really care if it's a high power CPU and unlike in gaming, the graphics cards need the full bandwidth that slot can provide, they just need a connection to the computer. In fact, many people have been running graphics cards off like USB 3 ports on computers to cram as many GPUs into one system as they possibly can, those are the two main contributing factors as to why graphics card pricing has been ridiculous.

Begs the question, are you better off picking up a PS4 Pro or Xbox One X instead at this moment instead of a PC? You may well be, but you might be asking yourself, why hasn't the price on these just shut up as well now? There's a couple of reasons for that. Many companies do it in the aviation industry, airlines do it ahead of pricing so on stuff like memory, it's very possible I couldn't confirm any of this, that Sony or Microsoft will hedge pricing on memory, so they'll buy absolutely crap loads of this memory except price or make an agreement with a manufacturer to buy memory at a set price for the next year or 18 months. What that means is that if the price of memory goes down or in the aviation analogy, the price of plane fuel goes down, it means they still have to pay the price that they hedged it out, so they can be a bit of a lose-lose situation. However, if prices go up, they keep the lower prices and are able to offer better value to the consumer.

On the other hand, graphics cards, the graphics chips made by AMD for both the Xbox One, PlayStation 4, and the X and Pro versions, are actually completely specialized graphics chips that are made specifically for these consoles. So, an agreement will open, we've reached no doubt in the negotiation stage between AMD and the console manufacturers to buy these graphics chips at a set price that then goes up or down accordingly each year. Cryptocurrency doesn't really affect that side of things, so would this bubble likely to burst anytime soon? Memory pricing are a 50/50 on if these allegations of price fixing do come to be true then a drop in memory pricing could be almost instantaneous in the next six months or so it could just be completely overnight.

However, there is a valid argument for high memory demand graphics cards on the other hand. Cryptocurrencies don't really seem to show any signs of slowing down, Bitcoin has lost quite a lot of value and quite a lot of interest recently but the other cryptocurrencies certainly haven't, and the interesting cryptocurrency is distilled there, the pricing is still absolutely ridiculous, and the amount of money that can be made is unreal. You can't blame really AMD or a video card manufacturer itself for this because often it's out of their control, it's often retailers that taking the piss out of you and not the graphics card manufacturers themselves.

Oh that's all it explains to everyone why pricing has been absolutely mental, and why so many of my bills have gone up by like 50% in price. It is a shame that prices are where they are however you can and moan at cryptocurrency miners all your life but if you had a thousand dollars sitting in your bank account lying just to be spent then the chances are cryptocurrency is not a bad investment to make if you know what you're doing.

"WEBVTTKind: captionsLanguage: enwhat is up guys welcome back to another video and today it's more of a sit down and talk and explain video for you guys as to what the hell is going on with PC part prices in 2018 we do wait to buy a PC is now a better time to buy a console than build your own PC what the heck is going on and so I'll respond and address some of the comments have outgoing James you're a scammer James you're a liar this five hundred dollar bill is now $800 I hate you and like literally like absolutely ridiculous stuff that I've seen in some of the older videos whose small kind of up-to-date pricing so why is 2018 so expensive to build a system let's dive in and take a peek now the main reason that building a PC has become so expensive is due to two main parts skyrocketing in price the first is memory or ground to give you a real world example about two years ago now and I built my x99 system I was a while ago and I bought 32 gigs of DDR for memory from Corsair I got on Amazon got credit UK I believe about time and I bought 32 gigs of DDR 4 I bought it for about 110 hundred and twenty pounds if I can find the order I'll put it on the screen here and that was about the going rate for ddr4 at that time now if you're looking for a 32 gig kit of exactly the same RAM at exactly the same speed you're looking at the doing 250 and 400 pounds roughly the same equated to US dollars as well which isn't meant to think about now there's a couple of reasons for this now it's actually gone as extreme that to memory manufacturers in China have been investigating I believe ever price fixing of memory which is mental and hopefully we'll see the result of that soon and maybe some prices going down but don't be surprised if they don't go down and that's because of the massively increased demand for ddr4 memory just a couple of years ago now dvf was fairly new and it wasn't really that highly adopted so there's been a lot of it made in anticipation the technology was of course gonna blow up the new iterations of memories have Nigeria of course gonna be massive and highly utilized but in the early days they're not using things like phones I believe it's the one plus five tiers like eight gigs of DDR four and you can see how that's chewing up memory allocation it's the same when you look at Samsung when you look at the iPhones turns from LG the Google pixel the pixel to and - 2x and all devices that use ddr4 memory and I'm this kind of depleting the amount of memory available to you as a consumer now Ram pricing aside what's the other thing that's making PC prices so expensive graphics cards now graphics card pricing has been mental for a completely different reason one word cryptocurrency now for those you don't know crypto currencies have become massive over the past particularly 12 months now Bitcoin a theory on light coined at probably names you will have heard previously and for those of you that don't know I imagine most of you will so I'll keep this concise and simple but crypto currencies are essentially like a normal currency like pounds or dollars but aren't controlled by any government instead they're controlled solely online the government's have no control over them they're not tied to a country and thus they can be very volatile but why is crypto currencies like Bitcoin in a theory or more like coined led to the massive security price of graphics cards now that's actually because you can use graphics cards particularly those from the AMD side to quote unquote mind these crypto currencies what these graphics cards are able to do is they're able to actually search basically loads of combinations of letters and numbers have strings and try and find ones that match up to in taken chunks of Bitcoin more like corn or ethereal for example which you can that mine people are then able to acquire search amounts of these crypto currencies now you might think while a few people trying to get some Bitcoin on the cheap that's alright that's not gonna affect things too badly this is on an unprecedented scale I'm aware I sound like one of those newsreaders who's trying desperately to get as many ratings as possible however it's true there's people with the whole warehouses full of like AMD rx four or five 80s that are trying to mine these things and I think it was a government or a news outlet that actually said this could be massively contributing to global warming which is perhaps a slight exaggeration but to think it's got to that level is just completely bonkers there's now such a massive market for crypto currencies that people like Isis have drugs on the bandwagon and made motherboards that actually have loads and loads of graphics card PCIe slot connections on them to lie to run as many graphics cards on one motherboard as possible the CPU power isn't really an issue you really care if it's a high power CPU and unlike in gaming the graphics cards need the full bandwidth that slot can provide they just need a connection to the computer in fact many people have been running graphics cards off like USB 3 ports on computers to cram as many GPUs into one system as they possibly can and those really the two main contributing factors as to why graphics card pricing has been ridiculous which begs the question are you better off picking up a ps4 pro or xbox 1 X instead at this moment instead of a PC and you may well be but you might be asking well why hasn't the price on these just shut up as well now there's a couple of reasons for that now many companies are do it in the aviation industry airlines do it ahead of pricing so on stuff like memory it's very possible I can't confirm any of this that Sony or Microsoft will hedge pricing on memory so they'll buy absolutely crap loads of this memory except price or make an agreement with a manufacturer to buy memory at a set price for the next year or 18 months now what that means is that if the price of memory goes down or in the aviation analogy the price of plane fuel goes down it means they still have to pay the price that they hedged it out so they can be a bit of a lose-lose situation however if prices go up they keep the lower prices and are able to offer better value to the consumer on the graphics card side graphics cards the graphics chips and made by AMD for both the Xbox one PlayStation 4 and the X and Pro versions they're actually completely specialized graphics chips that are made specifically for these consoles so an agreement will open we've reached no doubt in the negotiation stage between AMD and the console manufacturers to buy these graphics chips at a set price that then goes up or down accordingly each year cryptocurrency doesn't really affect that side of things so would that be instead is this bubble likely to burst anytime soon memory pricing are a 50/50 on if these allegations of price fixing do come to be true then a drop in memory pricing could be almost instantaneous in the next six months or so it could just be completely overnight however there is a valid argument for high memory demand graphics cards on the other hand crypto currencies don't really seem to show any signs of slowing down bitcoin has lost quite a lot of value and quite a lot of interest recently but the other crypto currencies certainly haven't and the interesting cryptocurrency is distilled there the pricing is still absolutely ridiculous and the amount of money that can be made is unreal you can't blame really AMD or a video for these graphics card pricing because often it's out of that control it's often retailers that taking the piss out of you and not the graphics card manufacturers themselves oh that's all it explains to everyone why pricing it's been absolutely mental and why so many of my bills have gone up by like 50% in price it is a shame that prices are where they are however you can and moan at cryptocurrency miners all your life but if you had a thousand dollars sitting in your bank account lying just to be spend then the chances are cryptocurrency is not a bad investment to make if you know what you're doing if you enjoyed this video you'll find out how if we find it useful it explains something smash that like button subscribe for more pleasure with tunnel push notifications so you never miss another video and as always we'll see you in the next you up videowhat is up guys welcome back to another video and today it's more of a sit down and talk and explain video for you guys as to what the hell is going on with PC part prices in 2018 we do wait to buy a PC is now a better time to buy a console than build your own PC what the heck is going on and so I'll respond and address some of the comments have outgoing James you're a scammer James you're a liar this five hundred dollar bill is now $800 I hate you and like literally like absolutely ridiculous stuff that I've seen in some of the older videos whose small kind of up-to-date pricing so why is 2018 so expensive to build a system let's dive in and take a peek now the main reason that building a PC has become so expensive is due to two main parts skyrocketing in price the first is memory or ground to give you a real world example about two years ago now and I built my x99 system I was a while ago and I bought 32 gigs of DDR for memory from Corsair I got on Amazon got credit UK I believe about time and I bought 32 gigs of DDR 4 I bought it for about 110 hundred and twenty pounds if I can find the order I'll put it on the screen here and that was about the going rate for ddr4 at that time now if you're looking for a 32 gig kit of exactly the same RAM at exactly the same speed you're looking at the doing 250 and 400 pounds roughly the same equated to US dollars as well which isn't meant to think about now there's a couple of reasons for this now it's actually gone as extreme that to memory manufacturers in China have been investigating I believe ever price fixing of memory which is mental and hopefully we'll see the result of that soon and maybe some prices going down but don't be surprised if they don't go down and that's because of the massively increased demand for ddr4 memory just a couple of years ago now dvf was fairly new and it wasn't really that highly adopted so there's been a lot of it made in anticipation the technology was of course gonna blow up the new iterations of memories have Nigeria of course gonna be massive and highly utilized but in the early days they're not using things like phones I believe it's the one plus five tiers like eight gigs of DDR four and you can see how that's chewing up memory allocation it's the same when you look at Samsung when you look at the iPhones turns from LG the Google pixel the pixel to and - 2x and all devices that use ddr4 memory and I'm this kind of depleting the amount of memory available to you as a consumer now Ram pricing aside what's the other thing that's making PC prices so expensive graphics cards now graphics card pricing has been mental for a completely different reason one word cryptocurrency now for those you don't know crypto currencies have become massive over the past particularly 12 months now Bitcoin a theory on light coined at probably names you will have heard previously and for those of you that don't know I imagine most of you will so I'll keep this concise and simple but crypto currencies are essentially like a normal currency like pounds or dollars but aren't controlled by any government instead they're controlled solely online the government's have no control over them they're not tied to a country and thus they can be very volatile but why is crypto currencies like Bitcoin in a theory or more like coined led to the massive security price of graphics cards now that's actually because you can use graphics cards particularly those from the AMD side to quote unquote mind these crypto currencies what these graphics cards are able to do is they're able to actually search basically loads of combinations of letters and numbers have strings and try and find ones that match up to in taken chunks of Bitcoin more like corn or ethereal for example which you can that mine people are then able to acquire search amounts of these crypto currencies now you might think while a few people trying to get some Bitcoin on the cheap that's alright that's not gonna affect things too badly this is on an unprecedented scale I'm aware I sound like one of those newsreaders who's trying desperately to get as many ratings as possible however it's true there's people with the whole warehouses full of like AMD rx four or five 80s that are trying to mine these things and I think it was a government or a news outlet that actually said this could be massively contributing to global warming which is perhaps a slight exaggeration but to think it's got to that level is just completely bonkers there's now such a massive market for crypto currencies that people like Isis have drugs on the bandwagon and made motherboards that actually have loads and loads of graphics card PCIe slot connections on them to lie to run as many graphics cards on one motherboard as possible the CPU power isn't really an issue you really care if it's a high power CPU and unlike in gaming the graphics cards need the full bandwidth that slot can provide they just need a connection to the computer in fact many people have been running graphics cards off like USB 3 ports on computers to cram as many GPUs into one system as they possibly can and those really the two main contributing factors as to why graphics card pricing has been ridiculous which begs the question are you better off picking up a ps4 pro or xbox 1 X instead at this moment instead of a PC and you may well be but you might be asking well why hasn't the price on these just shut up as well now there's a couple of reasons for that now many companies are do it in the aviation industry airlines do it ahead of pricing so on stuff like memory it's very possible I can't confirm any of this that Sony or Microsoft will hedge pricing on memory so they'll buy absolutely crap loads of this memory except price or make an agreement with a manufacturer to buy memory at a set price for the next year or 18 months now what that means is that if the price of memory goes down or in the aviation analogy the price of plane fuel goes down it means they still have to pay the price that they hedged it out so they can be a bit of a lose-lose situation however if prices go up they keep the lower prices and are able to offer better value to the consumer on the graphics card side graphics cards the graphics chips and made by AMD for both the Xbox one PlayStation 4 and the X and Pro versions they're actually completely specialized graphics chips that are made specifically for these consoles so an agreement will open we've reached no doubt in the negotiation stage between AMD and the console manufacturers to buy these graphics chips at a set price that then goes up or down accordingly each year cryptocurrency doesn't really affect that side of things so would that be instead is this bubble likely to burst anytime soon memory pricing are a 50/50 on if these allegations of price fixing do come to be true then a drop in memory pricing could be almost instantaneous in the next six months or so it could just be completely overnight however there is a valid argument for high memory demand graphics cards on the other hand crypto currencies don't really seem to show any signs of slowing down bitcoin has lost quite a lot of value and quite a lot of interest recently but the other crypto currencies certainly haven't and the interesting cryptocurrency is distilled there the pricing is still absolutely ridiculous and the amount of money that can be made is unreal you can't blame really AMD or a video for these graphics card pricing because often it's out of that control it's often retailers that taking the piss out of you and not the graphics card manufacturers themselves oh that's all it explains to everyone why pricing it's been absolutely mental and why so many of my bills have gone up by like 50% in price it is a shame that prices are where they are however you can and moan at cryptocurrency miners all your life but if you had a thousand dollars sitting in your bank account lying just to be spend then the chances are cryptocurrency is not a bad investment to make if you know what you're doing if you enjoyed this video you'll find out how if we find it useful it explains something smash that like button subscribe for more pleasure with tunnel push notifications so you never miss another video and as always we'll see you in the next you up video\n"