Why are video cards so costly now and every year they are going up and up? It is the worse year for gamers or anyone buying video card now because of the high cost and every year they getting more and costly.

what is causing the high skyrocketing price of video cards?

 

Cryptocurrency mining.

9 minutes ago, CharonY said:

Cryptocurrency mining.

What is crypto currency mining?

what are they using these video cards for?

Hi-end gfx cards have 1024-2048+ CUDA cores..

They can do any tasks requiring extensive math calculations programmers ordered them to do.

 

https://www.geforce.com/hardware/desktop-gpus/geforce-gtx-titan-z/specifications

"GTX TITAN Z GPU Engine Specs: 5760 CUDA Cores"

Edited February 12, 20187 yr by Sensei

50 minutes ago, nec209 said:

What is crypto currency mining?

what are they using these video cards for?

The production of new currency(as a reward) for essentially validating transactions.

Like Sensei says, GPU's can be used to handle the processing.

7 minutes ago, Endy0816 said:

The production of new currency(as a reward) for essentially validating transactions.

Like Sensei says, GPU's can be used to handle the processing.

So the math calculations are processing the transactions? Why is this GPU intessive?

1 hour ago, nec209 said:

So the math calculations are processing the transactions?

Everything what computers do, is math.

GFX just have many cores. It's cheaper to buy one GFX card with 2048 cores, instead of 256 computers each with 8 cores CPU on board.

 

 

Edited February 12, 20187 yr by Sensei

2 hours ago, nec209 said:

What is crypto currency mining?

what are they using these video cards for?

This might come as insightful:

http://www.tomshardware.com/news/ethereum-effect-graphics-card-prices,34928.html

40 minutes ago, koti said:

This might come as insightful:

http://www.tomshardware.com/news/ethereum-effect-graphics-card-prices,34928.html

The article does not say what they are mining. Like is it calculations the math calculations processing they are processing for the transactions?

 

 

33 minutes ago, nec209 said:

The article does not say what they are mining. Like is it calculations the math calculations processing they are processing for the transactions?

 

 

https://en.m.wikipedia.org/wiki/Cryptocurrency

TLDR : Mining with commerical cards are much more profitable than using specialized hardware due to electrical fees.