NVIDIA Announces GeForce GTX 1060, Fierce Competition For the Radeon RX 480 (hothardware.com)
Reader MojoKid writes: In May, NVIDIA released the GeForce GTX 1080. The company followed up on that beastly chip in June with slightly cut down GeForce GTX 1070 and that trickledown effect is now reaching the mainstream market with the arrival of the GeForce GTX 1060. The GeForce GTX 1060 can be seen as a direct response to the AMD Radeon RX 480, which offers a ton of performance at the $200 price point. While still built using a 16nm FinFET process, the GP106 core on the GTX 1060 features 1280 CUDA cores; exactly half that of the GTX 1080. Base clock for the GPU is 1506MHz, while the boost clock is 1708MHz (NVIDIA is quick to point out, however, the GPU core can easily be overclocked to 2GHz+). The GTX 1060 features a 192-bit memory bus and comes with 6GB of GDDR5 memory running at 8Gbps. The card has a single 6-pin power connector and a 120W TDP. NVIDIA claims that the GTX 1060 is on average 15 percent faster than its closest competitor, the Radeon RX 480. The NVIDIA GeForce GTX 1060 will be available starting July 19th from a wide variety of third-party partners including ASUS, EVGA, Gigabyte, MSI and Zotac etc. with a starting price of $249. The NVIDIA-built GeForce GTX 1060 Founder Edition will be available for $299.
The GTX 1080 and 1070 have been consistently out if stock.
I think you misunderstood the poster, they buy the mid-tier price point 2 years after release, and its no longer release price after 2 years.
That is what I thought he meant, but I don't think the logic holds up. After 2 years the new $200 cards tend to beat the previous generation which drop in price to the same price point.
Take this example, where the 1060 will be priced at about $200. Lets say that the GTX 970 soon drops to the $200 price point (its around $280 now). Based on the 1080 & 1070, the 1060 will likely have a PCMark score of around 10850 (scores). Since the 970 has a score of 8658, there doesn't seem to be any logic in going with the last generation. Based on my possibly incorrect memory, this is usually if not always the case.
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
"Enough horsepower to run an Oculus Rift well?"
Quoting from the The Rift’s Recommended Spec:
"For the full Rift experience, we recommend the following system: NVIDIA GTX 970 / AMD 290 equivalent or greater"
Ars Technica writes "Faster than a GTX 980".
PCworld even uses the title "GTX 1060 is a $250 GTX 980 killer".
So, yes, it's easily enough to use the Rift.
And the HTC Vive for that matter.