Newegg is gouging and Litecoin sucks

[Clank [MM]]

Was reading one of my geek mags and saw the R9 280x cards. AMD set the price point at $300 and they are basically a 7970 so I went shopping. You have to read the blogs to figure out what is going on but these Litecoin asses are buying them up. Newegg is hitting $130 over the MSRP. What a bunch of BS, I went to Litecoin and started reading. I do have to give them credit, the math and tweaks they were applying to these cards was past me. I had 4 5830's and 4 5870's I was putting to bed, guess I'll wait a little longer. I understand the creation fosters demand but what actually do these Litecoin GPU's do?

[EmSti]

Newegg is out of control on their prices. Finding a r9 280x in stock at a reasonable price has been tough. I have one coming from SuperBiiz tomorrow (gigabyte rev2 - $399). They all seems to be $399+. TigerDirect has had a few in stock lately, their MSI R9 280x is one day available on line, the next in store only (also $399). Almost bought one of the MSI from Tiger, but I have another Gigabyte GV-R928XOC-3GD REV2 on back order from Amazon for only $305. I would rather wait and see if Amazon fills it than cancel and spend $80 more. Back ordered since 12/9/2013 <sigh>. I could turn a nice profit on that card, if I ever get it.

[John P. Myers]

The good news about it is one day, a crapton of 7970s and R9-280s will all get dumped on eBay right around the same time. They're going to be soooo cheap

[EmSti]

Something tells me I haven't been paying attention to the news again.

edit: Or not ... I misread John's post the first time. I thought it said in a day they will all be dumped, as in this week. oops

[zombie67]

The good news about it is one day, a crapton of 7970s and R9-280s will all get dumped on eBay right around the same time. They're going to be soooo cheap

Yeah, that's similar to why I am pissed about apple not announcing a haswell mac mini yet. It would kill the *strong* used mac mini market for the current (old) IB mac mini.

I have dreams...This is a single rack with 160 mac minis. 160 x 8 thread i7 = 1280 threads. Of course, my personal goal is not that large. But still, a significant price drop would be appreciated.

[myshortpencil]

Crikey, Z, I hope you own stock in your local electric utility

[zombie67]

Heh. Only 85w per mini.

[myshortpencil]

Heh. Only 85w per mini.

I count 160 minis in that dream, or 13.6 Kw per hour!

[zombie67]

Well, that is max for the PSU. So probably less draw then that. But do the math per thread. It's very low.

[EmSti]

If you go the tigerdirect, they have $10 back on orders over $50 until 1/24. Not the same as Litecoin, but TigerDirect just announce they will accept Bitcoins - http://www.tigerdirect.com/bitcoin/indexus.asp