Mining Boom Pushes Price of AMD Radeon RX 5600 XT to $700 (from $269), RX 5500 XT to $400 (from $179)

As Cryptocurrencies reach new heights, prices of graphics cards have also been growing proportionally. Earlier, we discussed the impact of the mining boom on NVIDIA’s revenue in the coming months and the potential side-effects thereafter. In this post, we will have a look at the impact on AMD’s Radeon RX 5000 GPUs (RX 6000 are largely non-existent at this point). Let’s begin with the budget options, namely the Radeon RX 5600 XT and the 5500 XT which were originally launched for a price tag of $269 and $169, respectively.

The Radeon RX 5600 XT is presently selling close to the $700 mark, a whopping increase of more than 2.5x from the original MSRP of $269. Keep in mind that this is the price range for the ASUS ROG Stix model which has always been on the pricier side and the price hikes will vary from OEM to OEM.

Moving on to the cheapest Navi GPU on the market, the Radeon RX 5500 XT. It’d be safe to say that this graphics card is no longer cheap or affordable for that matter. Most board partners are selling the 5500 XT for $400, once again an increase of 2.5x over the original price tag of $169-179.

The top-end Navi 10 offering, the RX 5700 XT is selling north of the $700 mark which isn’t that bad considering that it launched for around $450-500. That’s still a 50% markup but nowhere close to the 2.5x we saw with the “budget” cards. (ASUS/GB)

Considering that these will soon be phased out, don’t expect the pricing to improve in the future. Furthermore, as the allocation for the Navi 2x parts is limited, we don’t expect any significant shifts in the graphics card market for the next 5-6 months.

Areej Syed

Processors, PC gaming, and the past. I have been writing about computer hardware for over seven years with more than 5000 published articles. Started off during engineering college and haven't stopped since. Mass Effect, Dragon Age, Divinity, Torment, Baldur's Gate and so much more... Contact: areejs12@hardwaretimes.com.
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