omega44-xt
Gear up ...
Don't forget crypto miners, they are one of the reasons as well, not the major one though.
Graphics Cards related queries here.
Exchange rate fluctuations, overinflated MRPs and daylight robbery.
Crypto is not the reason for inflated pricing in India. Distributors buy their stock directly from the manufacturers, and not the open market.
Distributors and resellers see demand and see it as a reason to make more money. Distributor might raise the price by 10% for his reseller-partner, and the reseller-partner will pass on that increase to you and also add a portion to their own cut to maintain margins.
It's really messed up.
TheSloth
The Slowest One
It will probably 2022 Q3-Q4
The prices in India will most likely never return to normal of 2019 and this trend of releasing new models at higher price is already a norm followed by Intel,AMD, nVidia which we all should get used to. I have given up all the hope.
THIS!
The prices in India will most likely never return to normal of 2019 and this trend of releasing new models at higher price is already a norm followed by Intel,AMD, nVidia which we all should get used to. I have given up all the hope.
omega44-xt
Gear up ...
I have seen people in FB groups in India with small PC sellers ready to buy 4x RTX 3060 for 2 lakhs. Miners have contributed their share to global demand of GPUs, but as I said earlier, it isn't one of the major reasons (which were listed earlier as covid related demand spike & supply issues). India was never a big market, so global stuff affects us & greedy people just making money.
RumbaMon19
Feel Pain.
Remember when this thing used to happen with onions and tomatoes, now it happens with GFX card.
setanjan123
In the zone
I am so glad I picked up my GPU in December
I had half a mind to wait for cheaper Zen 3 and RDNA 2 parts. I'd still be waiting now.
I had half a mind to wait for cheaper Zen 3 and RDNA 2 parts. I'd still be waiting now.
TheSloth
The Slowest One
^true. In Jan starting I was also planning to get 1660Super at normal price or 3060Ti FE. At this point nothing is at normal price and stock was limited and I am frustrated and paranoid. Then I ordered 1050Ti at the end of Jan 2021, immediately after hearing US is imposing more tax on GPUs which resulted in higher prices in US. 2 weeks later everything is out of stock or very costly in India. I was having buyer's remorse for 2 weeks but not anymore.
Nerevarine
Incarnate
I think prices will be normal one day ? Remember when the hard drive prices were overinflated once due to flood and once when RAM prices were atrocious.
It will eventually return to normal.
It will eventually return to normal.
It took almost 3-4 years for hdd prices to return to normal & 2-3 years for ram.
Æsoteric Positron
I AM GROOT (and so are you)
Due to the laws of supply and demand..............
setanjan123
In the zone
Funny you mention hard drives. There is a new crypto on the horizon. I think it was called Chia or something. Basically it uses Proof of Space instead of proof of work for its blockchain needs. So instead of massive computing power, it's storage that is needed. Hard drive prices in China are already soaring. I think HDDs will be targeted more since SSDs have less GB per dollar.
setanjan123
In the zone
3060 should be ideally 30-31k and 3060 Ti should be max to max 40k. But that's pre shortage prices. Right now if you can get a 3060 Ti at 55k that's an extremely good deal. 3060 too but to a much lesser extent. 3060 isn't that great of a value tbh.
Nerevarine
Incarnate
I remember once 3070 was available for 44k, I was inches away from clicking buy now
setanjan123
In the zone
You are probably talking about the unicorn that is the FE card. AIB 3070s were rarely ever below 50k.
omega44-xt
Gear up ...
Even at that time 3070FE was a great deal.
Nerevarine
Incarnate
Yes, definitely. It was a steal deal
omega44-xt
Gear up ...
5700XT is similar to RTX 2070S or RTX 3060 & RX580 is similar to GTX 1060 or 1650 Super.
3060 at even 55k is considered good these days.