POV: As we can see in the options, all are diagonal matrices.
So the first thing that comes to mind is that the determinant is very easy to calculate, because for a diagonal matrix.
The best part is that all the options have different determinant values, so there is no confusion here.
Then we start by calculating the determinant of the given matrix $A$:
$$\det(A) = 1 \times (-1) - 2 \times 2 = -1 - 4 = -5$$
Next, we use the property that for any square matrix $A$:
$$\det(A^n) = (\det(A))^n$$
So for $A^8$, we get:
$$\det(A^8) = (-5)^8 = 390625$$
Finally, we check the options. Option C has determinant $390625$, which matches our calculation.
Therefore, the correct answer is Option C.