Radeon R7 265 becomes available at $149, promptly sells out

AMD announced the Radeon R7 265 in mid-February and said it should hit store shelves at the end of that month. Given the current supply crunch for Radeons caused by the cryptocurrency mining rush, we had to wonder whether the R7 265—which is basically the same thing as the Radeon HD 7850—would truly be available at its suggested list price of $149.

The answer is beginning to unfold. After several days more waiting than originally projected, the first R7 265 cards, from Sapphire, went up for sale at Newegg late yesterday for $149.99.

By this morning, the cards were all out of stock.

As of now, there are no other R7 265 cards listed at the online retailer. A quick search didn’t turn up any cards at Amazon, either. AMD tells us there will be more R7 265 cards hitting retailers "in the coming days." We’ll have to keep an eye on the listings and see how things play out from here. We’re also curious to see how the Radeon R9 280 affects the market.

Things seem to have gone off-kilter in the crytpocurrency world, too, with several high-profile heists and the death of an exchange’s CEO in recent days. Kinda seems like anything could happen next.

Comments closed
    • SCR250
    • 5 years ago

    Hey Scott how about a follow up story as the R7 265 have still not been restocked at Newegg or as a Google search shows nor any other US vendor.

    [url<]http://www.newegg.com/Product/Product.aspx?Item=N82E16814202096[/url<] #1 First off there is only one vendor "ASUS" who is selling the R7 265 #2 then the R7 265 shows up at least a week late and sells out in less than a day #3 then AMD promises a restock "in the coming days." yet a week has gone buy with no restock The R7 265 looks to be a classic paper launched product. Why the silence about its non-availability?

    • Bensam123
    • 5 years ago

    I don’t know why miners would be buying these… They don’t have good density. Simply because it can mine or has the best kh/$ does not make it a good miner. Thats why 280+s have been selling out and not 7870s and 270xs. You have to make more machines for smaller cards, which means more overhead in the machines themselves. The smaller the cards, the more you waste on overhead.

    Either someone is really stupid or they found out how to run 6+ GPUs off a single board. Even if they did, there is still the price of PCIE switches, which aren’t cheap.

      • Billstevens
      • 5 years ago

      Depends on your setup and investment level. Some people will want efficiency over raw hash rate for slower but steadier gains. In the end you should come out ahead even if it takes longer to get the same results for less power. Though the weakest cards should be less viable for Litecoin right now based on current difficulty.

        • Bensam123
        • 5 years ago

        Efficiency doesn’t matter to a certain extent. You have to run these things for years for that to start paying off and the bitcoin bubble isn’t going to follow that trend.

        In this case, efficiency is actually a short term outlook, rather then a long term one that includes the course of the market.

          • Billstevens
          • 5 years ago

          I would argue that efficiency is all that matters unless power is free. A lot of people though are overly focused on hash rates and may just want to get the highest hash rate possible out of a 1-2 card system and are not to worry about their potential RTOI. If you dig around reddit you will find many miners have done calculations showing that more efficient mining rigs are better for your bottom line. Its another reason older cards like the 7950 are still wildly popular.

          The difference is like paying a dollar per litcoin for say 20 litecoins versus paying a dollar and 20 cents per litecoin for 30 litecoins. Having 30 may make you feel better but you spent more money for your product.

          Buying any GPU for litecoin mining right now is short sited as the window for GPU mining will close any month now with ASICs coming.

            • Bensam123
            • 5 years ago

            Yes, power does matter. But considering coins may not be profitable to mine in six months, it doesn’t matter at all. What does matter is the time it takes to pay off the investment, which is now around six months.

            Efficiency is a very long term outlook and doesn’t take into account the hardware you using not being profitable when efficiency break even happens.

            There isn’t such an extreme difference as 20 dollars per litecoin verse 20 cents. Only place this would remotely happen is with asics and they aren’t yet available for scrypt.

      • UnfriendlyFire
      • 5 years ago

      They’re buying them because the R290s cost nearly $1000, and are hard to get.

    • Meadows
    • 5 years ago

    Time to fire up some Arscoins for hats.

      • derFunkenstein
      • 5 years ago

      Probably a better investment. At least you’ll have something to show for it until they shut it down.

    • culprit
    • 5 years ago

    I started looking around on Craig’s List in my area and ran across this Radeon hoarder.

    [url<]https://austin.craigslist.org/sys/4329569505.html[/url<] I can only guess this is an investment strategy or perhaps a coin-miner that's trying to cash out. Who knew AMD GPUs would be investment vehicles?

      • Billstevens
      • 5 years ago

      Could be an old fashion thief who got his hands on a large stock of cards and realized that aftermarket demand is exceptionally high right now.

    • Chrispy_
    • 5 years ago

    It saddens me to see such a waste of electricity. TeraWatts, perhaps even PetaWatts of power being used in the pursuit of greed…

    I’m no environmental hipster but we haven’t cracked nuclear fusion yet, so every Watt of energy is more fossil fuel combusting into the atmosphere.

      • superjawes
      • 5 years ago

      First, global energy usage is approximately 150 Petawatt-[b<]hours[/b<] per year. Second, total power capacity is 15+ Terawatts. I won't argue about whether or not mining is a waste of electricity, but I wanted to make sure that measuring total energy is done in proper units (watts are instantaneous, watt-hours measure usage over time) and that there is no way that miners are using PetaWatts or PetaWatt-hours since that's more energy than the world can actually produce, lol. EDIT: Mixed up a prefix.

        • NeelyCam
        • 5 years ago

        Nitpick. Probably an engineer.

        Engineers are such geeks

          • anotherengineer
          • 5 years ago

          [url<]http://www.youtube.com/watch?v=j0ASj8R7wp4[/url<]

            • NeelyCam
            • 5 years ago

            “Can he lead a normal life…?!”
            “… No.”

            Priceless

      • dragontamer5788
      • 5 years ago

      It should be noted that there are a number of crypto-coin enthusiasts who share your concern. The creation of “Proof of Stake” systems, such as Peercoin and NXTcoin, are inherently “green” and don’t require such a frivolous waste of electricity.

      • anotherengineer
      • 5 years ago

      The amount of electricity wasted is probably not even close to that (at least on a daily basis). If on average the cards (avg on low to high) use 250W and there are 1 million cards, that’s only using 250 MW. Somehow I doubt there is 1 million cards at work but I could be wrong.

      If you you think that is wasteful, I used to work at a zinc mine and refining complex. The mine consumes about 40MW continuously (24/7/365) and the refining complex consumed about 125MW continuously 24/7/365. Now the majority of this zinc went into galvanizing (which is sacrificial) and alkaline batteries which once dead go to landfill. On the bright side copper was the other half and that mainly went into wire products which generally have a long useful life and then get recycled.

      So even though a useful product got made (batteries), in the end it gets wasted. The human race is very wasteful in general. Like you said all in the pursuit of greed. If money can be made at it people will do it.

      At least here in North America there are environmental standards. What do you think it’s like ‘overseas’ where a lot of this stuff is manufactured now? Cheap hydro = inefficient machines cause they are cheaper and lax enviro laws = more waste going into the oceans and atmosphere that affect everyone.

      Scary stuff, as the old saying goes, out of site, out of mind.

      • sreams
      • 5 years ago

      The use of power for -any- business is in the “pursuit of greed”, as you say.

      • slowriot
      • 5 years ago

      How do you feel about high-frequency trading?

      • indeego
      • 5 years ago

      The reproduction of humans is the greatest contributor to more fossil fuel combusting into the atmosphere.

      soooooooo…..

        • Billstevens
        • 5 years ago

        Sooooo population control or we let the earth self regulate our population… More self regulation seems to be the way we are going and I am sure it will only get more fun from here.

      • Waco
      • 5 years ago

      My clusters run on nuclear. 🙂

        • JustAnEngineer
        • 5 years ago

        Because the cost of fuel is nearly nothing, nuclear plants are always base-loaded. They run flat out all of the time and the fossil-fuel power plants are turned up or down to make up the difference between the nuclear-powered base load and the demand.

          • willmore
          • 5 years ago

          Coin mining is base load.

      • Crackhead Johny
      • 5 years ago

      Umm, humanity doesn’t generate petawatts yet…

      The cost per watt [url<]http://en.wikipedia.org/wiki/Price_per_watt[/url<] for fossil fuel would be 1-2$ per watt. So peta watt capability would cost 1-2,000,000,000,000,000$. If you multiply the total number of possible bitcoins times the highest traded price for bit coins, you are going to fall a little short of that number. I'm also not sure if people slapping a pile of radeons into a chassis have to run a significantly bigger power supply than your average 1KW uber gaming rig? Small ASICs aren't going to be as hungry as a Radeon rig. So I have to wonder where more money is wasted, mining coins or driving snowmobiles around in the winter or jet skis in the summer. Heck is more wasted by people driving 3 miles to work rather than walking or biking? Just the wastage of people who choose LTVs over sedans makes mining seem like nothing. For world energy use bitcoin mining seems to be the smallest of molehills. If you want to save the oil for SUVs you can just hooks up a small solar farm to your ASICs and just let them make money (not necessarily profit) for you.

        • Billstevens
        • 5 years ago

        That really depends how efficient the GPU miners are software wise. You could make a CPU or GPU do the simplest process in the world and still peg out the device at full load for power draw. As far as I understand GPU mining the process max out the GPU load which means in a multi GPU setup so are using direct multiple of the number of cards you have under load.

        But I do agree that most likely from a statistical standpoint the current amount of mining isn’t having any kind of significant impact on the power grid. However if crypto currency has staying power and evolves beyond Bitcoin this issue could grow into something significant if some non-trivial portion of the worlds computing power is diverted from interesting endeavors to crafting currency distribution.

          • dragontamer5788
          • 5 years ago

          Again, as I stated in my previous comment…

          Only if Proof of Stake fails to become popular. Peercoin and NXTcoin have proven that large mining rigs are unnecessary.

          BTC is the first cryptocoin, and thus requires the older “Proof of Work” algorithm. The more crypto-work done, the more coins you get. Newer cryptocoins do NOT have this flaw.

    • USAFTW
    • 5 years ago

    Actually, Mountgox going bust doesn’t seem to have effected bitcoin prices all that much. It was 530-ish $
    few days ago, now it’s at 640-ish.

    • UnfriendlyFire
    • 5 years ago

    Now’s a good time to start saving money when the ASIC machines show up.

    The great GPU price crash. Budget dual/triple GPU setups anyone?

      • Billstevens
      • 5 years ago

      One can hope, but what kind of shape will a GPU be in when it has been ran continuously for 6 months to a year? Thats gotta take a toll on the lifetime of the card…

        • Waco
        • 5 years ago

        If a card can’t handle being run continuously for its lifetime it’s a crappy design.

        My 4870X2s both ran 100+ C for months on end without issue…and thermal designs have gotten a lot better since then.

      • Bensam123
      • 5 years ago

      adaptive n-factor.

        • dabster
        • 5 years ago

        Or scrypt-jane based coins. GPU miners will just move on to the next thing, also ASIC’s won’t do to scrypt based coins what they did to bitcoin in terms of the massive difficulty increases.

          • Billstevens
          • 5 years ago

          Maybe the difficulty rise wont be as sharp but Hash/power ratio will be so far in ASICs favor that when farms go up the difficulty will slowly make GPUs not worth it. Back in December miners were already complaining that power bills for most GPUs were keeping up with potential earnings.

          Its the serious farmers that are jacking up GPU prices and they will want to switch to ASICs. The casual miners are likely not buying 900 dollar 290x’s unless they are just rich and board or stupid. Of course none of this is based on any real data so I could just be completely wrong… seems logical though.

            • Bensam123
            • 5 years ago

            We’re talking about things that makes ASICs unfeasible unless you build them almost identical to graphics cards…

            Lookup vertcoin. The scrypt community is already heavily anti-asic, these will spread like wildfire once asics are actually released (real asics not repurposed btc-asics).

            • chuckula
            • 5 years ago

            You know what a GPU is? An ASIC with graphics circuitry, there’s no “magic” about ASIC, the term just means “application specific integrated circuit” and is more just a general category name assigned to things that aren’t easily classified as other types of chips like CPUs/GPUs/FPGAs/DSPs/etc.

            You could build a chip that’s at least an order of magnitude faster than a GPU to do scrypt. The fact that it requires memory makes them more expensive, but by no means impossible to build… but there’s another option. The reason that scrypt requires gobs of memory is that it stores big blocks of pseudo-random data that otherwise has to be regenerated in the processor. Well, with an intelligent PRNG built in hardware you could probably massively reduce the memory requirements by storing relatively small chunks of intermediate PRNG seed state data and combining it with high-speed in-hardware PRNGs that spew out the data very rapidly. Don’t understimate what is possible in the name of solving stupid problems for a get rich quick scheme.

            P.S. –> If you actually liked AMD instead of just blindly hating everything that isn’t AMD, you would be cheering for ASICs because this situation is NOT healthy for AMD in the long run.

            • Bensam123
            • 5 years ago

            Your post as always lacks any sort of meaningful context to the situation at hand… such as how cost effective it is to design a asic for mining adaptive n-factor.

            My post has nothing to do with liking or hating AMD. It wouldn’t be any different whether it was Nvidia or AMD that produces the best GPUs for mining. F’king troll.

            • Billstevens
            • 5 years ago

            An ASIC miner will always be the most efficient mining method. GPUs and CPUs were not made to just hash numbers so they will be inefficient with power use. Hardware designed for a single purpose doesn’t have to waste power doing anything other than what is necessary.

            Communities are of course anti ASIC because it means that in order to make any money mining you need to buy specialized hardware which is expensive at first. That sucks for small time farmers because when the coin drys up they are stuck with useless hardware, unlike with GPU and CPU only mining where their hardware likely could be used to mine something else be used as I don’t know a computer.

            ASICs are great because it gets miners away from PC hardware. I don’t want to compete with miners for gaming hardware because our concept of a fair price are worlds apart.

            • Bensam123
            • 5 years ago

            I never said ASICs weren’t efficient.

            ASICs turn into a arms war, resulting in only the people with the most money staying ahead. Common folk can’t make 100 thousand dollar investments on the drop of a dime. Good ASICs aren’t cheap and it’s all about getting the best ones with the best KH/$ otherwise you fall behind the curve… and those cost a lot.

            As far as gaming goes… AMD cards are on par with Nvidia prices right now (they were cheaper to begin with, not like anyone on TR actually cares about that). You aren’t competing with anyone.

            • peartart
            • 5 years ago

            If all you have is 5 graphics cards and someone buys 100k dollars of graphics cards, you are pretty far behind already. Whining about ASICs is just whining.

            • Bensam123
            • 5 years ago

            For bitcoin mining? Sure. For scrypt? No.

            Read up on topic matter before posting.

            • peartart
            • 5 years ago

            I don’t see anything that can change the more money -> more coins equation.

            I’m assuming that you are clever enough to remember to get something to plug your GPUs into, but maybe that’s a bad assumption.

            • Bensam123
            • 5 years ago

            There is no arms race. If you buy one 280x or 100 of them, it still has the same amount of hashing power. ASICs don’t work that way. There are different types of ASICs and a lot of times you have to drop more money on them to get better ones. Not just that, but you have to buy newer ones as soon as they come out to stay ahead of things. GPUs aren’t improiving that fast and instantly obsoleting old GPUs by leaps and bounds as soon as new one comes out. You can still hash with 6xxx cards quite well and 5xxx to a certain extent.

    • albundy
    • 5 years ago

    not even worth half that. the 7850 was selling around the $80 mark in January and still way overpriced.

      • DPete27
      • 5 years ago

      [s<]Really? I must have missed that. Lowest I seem to recall was around $130.[/s<] [Edit:] [url=https://techreport.com/forums/viewtopic.php?f=34&t=90294<]oops, take that back[/url<]

      • Srsly_Bro
      • 5 years ago

      If you’re referring to that link, it wasn’t selling for $90. The sale price was $125 and the MIR was $35. After rebate price isn’t a selling price.

        • keltor
        • 5 years ago

        And given the average of like 10% uptake on rebates …

    • tviceman
    • 5 years ago

    Didn’t Tom’s find that the gtx 750 ti to have basically the same mining performance of the r265 but at a much, much higher perf/watt operation? [url<]http://www.tomshardware.com/reviews/geforce-gtx-750-ti-review,3750-17.html[/url<]

      • SCR250
      • 5 years ago

      The GTX 750 Ti Tom used was the base model. The factory OCed models would do even better.

      And yes the GTX 750 Ti has been discovered by the COINers

      [url<]http://cryptomining-blog.com/tag/gtx-750-ti-litecoin[/url<] and the price has now jumped up by $20 and the lowest price on Newegg is now $169.99. [url<]http://www.newegg.com/Product/ProductList.aspx?Submit=ENE&N=-1&IsNodeId=1&Description=gtx%20750%20ti&bop=And&Order=PRICE&PageSize=20[/url<]

        • tviceman
        • 5 years ago

        There are still models for $149-159 on amazon.

        [url<]http://www.amazon.com/Zotac-GeForce-Mini-HDMI-Graphics-ZT-70601-10M/dp/B00IFZ547Q/ref=sr_1_8?ie=UTF8&qid=1394127848&sr=8-8&keywords=gtx+750+ti[/url<] [url<]http://www.amazon.com/EVGA-Superclock-Dual-Link-Graphics-02G-P4-3753-KR/dp/B00IDG3IDO/ref=sr_1_1?ie=UTF8&qid=1394127848&sr=8-1&keywords=gtx+750+ti[/url<]

      • ermo
      • 5 years ago

      So what you are saying is that when the bigger Maxwell cards land, AMD’s GPUs will flood the market and drive down prices due to excessive supply, and NVidia’s already expensive GPUs will become even more expensive?

      [i<]*sigh*[/i<]

    • chuckula
    • 5 years ago

    Dear AMD: At least jack up the wholesale prices so you can get a little benefit before the house of [s<]cards[/s<] [u<]coins[/u<] collapses. After the crash, do the usual slash-n-burn [see Bulldozer if you have any questions.]

      • DPete27
      • 5 years ago

      yeah, seems like AMD could have price-controlled demand by upping their wholesale prices when this Litecoin thing caught fire and benefited much more than just selling more cards (more cards + increase profit/card). Instead, they missed out and newegg did that for them.

        • cynan
        • 5 years ago

        Do we know for sure that this didn’t happen to some extent, at some point after the coin-mining demanded skyrocketed? There is definitely precedent for manufacturer rebates when a product doesn’t sell well at/near MSRP – is it impossible that a company like AMD wouldn’t be completely SOL given the opposite?

      • Srsly_Bro
      • 5 years ago

      AMD doesn’t believe in hiring Economists.

        • NeelyCam
        • 5 years ago

        They are so expensive, and AMD is a value driven company. Someone with an Associate’s degree in Marketing from University of Phoenix… now that’s Value.

      • Farting Bob
      • 5 years ago

      Or they could have not sold any, and use them all for themselves in the worlds biggest coin farming setup and bringing AMD to the levels of profits that Intel could only dream of!

        • UnfriendlyFire
        • 5 years ago

        And then when the coin mining goes bust, AMD can market those used GPUs as,

        “Guaranteed to work, 24/7 stress tested for several months!”

          • Firestarter
          • 5 years ago

          Enterprise level durability testing, 100% survival rate!

      • Anvil
      • 5 years ago

      There are enough lolbertarians out on the internet that I’m not sure if that’ll ever happen.

      • douglar
      • 5 years ago

      My guess is that AMD or Nvidia are thrilled any time they don’t have to send out rebates to clear stock from the channel at the product end of life. What we are seeing here is what happens when there is no excess supply in the channel. AMD is probably very happy to get the wholesale price without having to plan for as many rebates 9 months down the road.

      • ssidbroadcast
      • 5 years ago

      Upvoted because House of Cards is a really good show.

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