WTF: Radeon RX Vega 64 costs $675 minimum for retailers

If the scandals surrounding Radeon RX Vega 64 pricing weren't bad enough already, with AMD announcing it for $499 and then jacking the price up to $599... well now retailers are coughing up over $675 for the card.

A new report from TPU states that San Jose-based Ma Laboratories Inc. are charging $675 per Radeon RX Vega 64 air cooled card to computer stores. Now remember that AMD themselves launched RX Vega 64 @ $499... allowing retailers to make profits. But at much higher cost prices, retailers are going to be hurting significantly. I worked IT retail selling consumer PC components for 10 years, and if this were the case for my store - I would simply not stock Radeon on the shelves until the prices settled down.

Miners can't be blamed for this, as even with the new crypto-specific drivers and the Radeon RX Vega 64 Liquid Cooled Edition, I'm only getting 40MH/s of Ethereum mining performance. This is a good result, but considering I'm chewing close to 600W to do it... yeah, it's not good at all... and very unstable.

Overpriced Radeon RX Vega graphics cards aren't good for gamers or AMD, giving NVIDIA the perfect time to strike with everything they're doing now. NVIDIA are working closer than ever before with game developers, and pushing out new stable graphics card drivers today.