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Just noticed this trend.

Really don't understand why since the 470/480 are power efficient and still pull in good money after expensive electrical costs.

If these were the 280x/290 I would understand but why are people selling Polaris GPUs.

It can't be because of Summer starting since we are in the middle of winter.

It can't be due to low ETH,ZEC,BTC pricing since these jumped alot in the past few weeks.


http://i68.tinypic.com/kcm5xy.png

Vega?

Vega likely not gonna replace mid-range polaris

I doubt its Vega. Vega at best might produce 50% faster speed than RX 480 but it will also cost 300% as much.

It will be roughly similar to the Nvidia 1080 which is never the ideal choice for miners.

You sure its only 50% faster? I remember seeing some forum post saying 2-3 times faster but everything is speculation :)... hope to get 1 soon to try out..

It will probably be slightly faster than Fuji is right now. For gaming it will be completely different however.

I guess there is two possible answer
1. this is just coincidence
2. because of long ROI times,after deducting electric price from income,you need to wait at least 8 months which is long plus there is volatility at the prices this means risk.

This is just a shot in the dark, but maybe some invested for ZEC (maybe ETH too) mining and found out it's not profitable enough?
Although I don't know right now how profitable actually it is, I remember a thread with somebody complaining that he bought too many cards for ZEC mining...

well about my situation i can tell you that i am selling those as a customer did not finalize the purchase with us so i cant just keep them sitting here... my mining operation has already several furys and some 7950 in a dc   so... really i dont need those cards...

i doubt it will cost 300% more, more like double at best, amd is notorious for cheaper gpu

i would prefer it to be honest for density, i always go with the biggest card in comparison with the best hahsrate and price

i don't like low very cheap gpu where you need tons of them o have the same hash

I was thinking the same thing.

I have 40 gpus  and the pandaminer. = 48

I would earn profit till june 1  then summer power price kicks in.

I am not looking to sell off all my gear now.   But I will be selling some now

 As I can not get stuck in May.

I have a guy lined up to buy  7 gpus and a mobo
I may sell 5 more gpus and a mobo

end up with 28 gpus and the panda miner  36 vs 48

It's actually more profitable to mine XMR currently, uses less power too. I mine a little over 1 XMR a day compared to barely 0.3 ZECs. At current prices, XMR profit is 4$ compared to like 1.5$ for ZEC (applies to me specifically). I just switched to XMR with the same bios optimisation I did for ZEC without any issues whatsoever. So the argument of selling because they invested for ZEC doesn't really hold.

My guess is this is a coincidence, unless these guys are thinking I might as well sell some polaris now before every one sells theirs when Vega arrives or whatever. But even if, Vega isn't due for another few months and I doubt it'll be as "cheap" as current polaris GPUs.

Bah, what i would give to have so many cards, can barely even afford a used 7950 for 100USD  :-\

Waiting on Vega here and to see what comes of Pandaminer on Linux.

Sucks most recent rumor about Vega stretches it out until May but other rumors says as early as March so people could be dumping ahead of that before the GPU price drop that's anticipated.

When the 1080TI releases, its like the 1080 will drop slightly, the 1070 will drop slightly, 1060, etc..

If Nvidia does this, AMD will price drop to be competitive.

I am selling a used 7970 for 89

Look in the market place

Yeah I notice most of these are 4GB they will definitely lose value when Vega is released.

I purchased 6 XFX 480x 8GB for this very reason for $225 during the sale.  They will hold there value unlike the 4GB cards.  8GB should be able to be sold for a while at the almost retail suggested price AMD said they should sell for.

May I ask what Web site you were looking at? Thanks!

Edit: I meant the used hw site in the OP, btw :)

I agree. 8gb cards are fine to keep around. I see price depreciation to $175 by March 2017 (low balling) for them but not below that. Not shabby at all. 4GB cards probably $130. I am going to let go my 4GB cards soon.

You guys do realize that 8GB for most games is overkill and 4GB is more than enough.

Rarely games even use over 2GB these days.

this is wrong, and depend on your resolution, it's a known fact now that gamers don't want 4gb gpu anymore

my old 970 can't do shit anymore with the 4gb

It's really personal. I know guys that are still perfectly happy with 4Gb cards, used 470 4gb will be sold around 100/120$ and I think that would be an awesome price for a cheap gaming pc that can run almost anything at full hd resolution

100/120 is a big loss already on the first retail wave, almost 50%, right now you can still sell a 1070 for 80% of its retail price

so for a comparison you have $200 loss on two 470 against $100 loss on a single 1070...and anyway it's true that many people are moving on higher resolution, 4gb ain't enough there

Actually cheaper GPUs are easier to sell since there is larger market , imagine trying to sell 50 1070GTX for gamers , you will need couple of months unless you offer lower than your 80% mark.
you will have to sell in the 250-300$ range to offload quickly .

Many factors like previosly stated.

Coming of Vega, some drops in profits. One thread is guy selling 6 cards because client decided to cancel order and he can't return them.

Mining is not as profitable as it was a few months ago which is why the weak hands are selling. the 4GB cards 470s can be bough for 170ish now even in six months they will probbaly sell for around $100-$120 and they should earn you back your loss of say $70 usd in
2 months of mining so I dont see any reason to spend 225 on a 8GB card that that will lose dollar wise around $50 vs $70 of a 470 4GB when they all mine at about the same rate.

normally if i can sell my GPU's for 60% of what i paid for them after they have mined for say two years I'm usally quite happy.  Even in summer I will run a bunch of my 470s since they use less power and generate more heat
and maybe pay say %20-30 more in power make less money but they would and paid for themselves by june if i bought them in nov/dec

Not sure what the fuss is about on resale.

believe me when one coin or another spikes 50-60% in price all those that sold will be kicking themselves , mining is like any other investment you have to play the long game ..

personally i'm buying alot of these gpus people are selling or buying whenever i see a sale on newegg

Right now you can sell a 470 4gb for 80% off retail and that's what they are going for these days. Nobody knows what these GPUs are going to be worth when the dumping starts after Ethereum goes POS.

Nobody will pay 80% off retail for a 1070 when you can buy a few cheap 470's and crossfire them. The 1070/1080 will tank in price also. They are all interconnected one way or another.

In about 1 or 2 months, an 470 4GB will be completely paid off for most. How many more months until a 1070 is paid off? 6 more months ? 9 months?

i'm selling to gamers, they will pay for 80% if not more for a 1070, and i don't need to roi on my 1070 because i can stills ell them for 80% of the retail, so i need to roi on 20%

besides this ive already roied on my rig of 1070....tnx to lbry early stage with its high return

And who do you think buys the RX 470? or RX 480? Its gamers also.

2x RX 480 is faster than 1x 1080.

If 2 of the 480's are cheaper and faster than a 1080 why in the world would gamers overpay for a 1070/1080 ???

The Nvidia's will tank in price also.

Plus its easier and faster selling something that's cheaper.

I remember how hard it was selling an R9 280x or R9 290 during the Litecoin crash of 2014. Nobody in the second hand market could afford to pay $200-$300 for a used GPU. But the R9 270X sold super fast for $100.

The Nvidia 980 launched at the end of 2014 for like $550, right now a year later its going for about $200 on eBay. How is that 80% off retail? More like 70% off retail.

gamers don't like 4gb card, they like 8gb card, that's why they will not buy amd from miners

also at present 1070 is making a killing in gaming industry, it's the most wanted gpu for now, it can handle any games at higher resolution

90% of Gamers want cheap cards only enthusiasts pay over 300 per card , i have sold a bunch of my voltage locked XFX 4GB 480s and ASUS for 170-185 usd plus shipping easily on ebay , youre dead wrong on this
just stop it fanboy

Exactly.

Those that can afford to pay $300 for a used GPU they just buy it retail brand new. Its hard to find a market for those types of GPUs hence they tank in the second hand market.

It really makes no sense for an enthusiast gamer to pay 80% off retail for a used GPU when they can just pay 20% extra and get a shiny new GPU.

Regarding the 4GB vs. 8GB, there are 2 or 3 games that benefit from the 8GB the rest perform at the exact same speed on 4GB and is a complete waste of money.

not true at all selling one gpu doesn't prove anything i've sold all my nvidia easily the first day i put them on the market..also you might have sold it to a miners which prove my point...

we are going in the high resolution era having 4gb will not cut it, this is the reason why all gpu are moving to higher amount of memory

1070 currently are sold like nothing, it's the best gpu for gaming available, denying this is a fanboyism...

i could agree only on the 8GB version of amd...those have a point but those gpu don't cost half of a 1070...


again it depend on the resolution if you are gaming on a 1440p every gpu at 4gb is crap with the recent gamers release, it's not my problem if you are stuck on 1080....

and no those who can afford 300 for an used gpu why should pay 400 for a brand new when they get the same cheaper? no-sense

I don't know if you ever tried to sell anything on Craigslist or Kijiji but the more an item costs the more of a headache it is to sell.

With $100 GPUs, people will come and meet you at a public place, pay cash and deal is done.

With $300 GPUs, people will want to see the GPU working prior. Do you want to invite strangers into your house? Most people won't buy an expensive GPU without seeing it working first since its too risky.

You need to consider these options when unloading 30-40 of your 1070 GPUs.

you can easily sell second hand gpu on ebay, in fact i've sold all my old 970 easily there, i'll sell my 1070 when the time come in the same way

or privately on another forum, only here it's hard to sell because of trust and stuff like that

The problem with eBay are the fees. Its almost 15% in fees alone.

Then there is the headache of having to accept returns or have scammers say you've sent them an empty box and they get a free GPU.

hm really i pay wow with a 2 gb  370 and it runs great @ all most  max setting ....

IMO, a few things wrong in your analysis.

1) 2x 480 might *mine* faster than a single 1080, but for gaming the 1080 (or even a 1070) would win hands down at most tests - using crossfire doesnt offer a 200% performance, its more like 150% the speed of a single card  http://www.tweaktown.com/articles/7770/amd-radeon-rx-480-crossfire-beating-geforce-gtx-1080-4k/index9.html  (tldr: CF RX480 perform weaker than the 1080 in most cases, and outperform in some games that are optimized for multiple GPUs)

generally speaking, a single GPU is bound to work great at everything, whereas crossfire (or sli) only help on games that are programmed to benefit.

2) 2x480 costs the same (or slightly more) than a 1070. The 1070 has better power consumption, and as mentioned is better for games that dont have any DX12/crossfire benefits.

3) the 980 launched over TWO years ago (end of 2014, versus its now 2017). not to mention launch pricing is always high, and drops 10-20% within the first few months. the top-of-the-line cards sell at a massive premium too as they are aimed at a hardcore crowd. the best performance/$ is always found in the mid-tier cards (the 270/280, the 970/1070, etc)

and finally, as amph mentioned the 10XX series has done an excellent job of making money since release - the 1070 made almost $20/day at lbry for a week or two. I bought mine a few days into the hype, and its made back ~80% of what i paid so far, and the card still holds ~70% of its original MSRP on kijiji/ebay

i think a lot are selling thier gpus now, because profits are falling and gpus that seemed like a great investment when they made $3/day might be making little or no profit now, especially where power costs >$0.15/kwh

anyone paying <$0.15 is probably holding tight to their gpus. anyone paying <$0.08 is probably still buying up gpus quite happily

1070/ Fury x is a bare minimum for a serious gamer nowadays, 2k/ 4k resolution with rendering settings all the way to the right just brings every modern gpu to its knees. Even pascal titan in sli is not overkill. SLI/ crossfire typically has some scaling/ driver issues.

For an average 1080p CSGO gamer anything goes and that is why about every piece of computer hardware starting from sandy bridge era holds its price so well. For a budget gamer intel 2500k bundled with gtx660/ hd7970 is still that sweet spot.

Some average street prices here right now. These are gpu´s are originally bought from well known local dealer who handles product replacements fast (instant-2 days), including original boxing + proof of buy (and 36 month warranty starting from that date). Sales tax is 24% here, you can save 10-15% if you buy from some web dealer (typically located in Germany) but resale price is also lower + you need to wait x days/ weeks in rma cases.

1080 slow market, rare sellers ask too much, 500-550€ (new starting from 700€)
1070 sells in minutes, 440-460€ (new 530€)
1063&1066 easy to sell, 200-250€
980ti easy 300-350
970/ 980 easy 160-200

higher end 600/700 series + 750ti are also easy to sell 50-90€

nano, fury 250-300 (new started from 400€)
480 200-220 (8GB 300€ new)
470 no sellers
295x2 300-350€
390/ 390x 180-200
290/ 290x 120-180
7950/70 280/x 70-100
270/ 370 (x) also sell well.

Dumping dozens of cards typically takes 2-3 weeks if you want decent price, sell them under market price and you are done in days. Average buyer is middle aged male gamer or a student.

As we have seen earlier this market can change really fast, about as fast as btc dumps or eth goes to pos. It is too late to sell when music stops...

i just do a photo before selling, they can't say anything, if they say something like this i'll send the photo to paypal to prove they are wrong

fee are bad yes, in fact i increase the price when selling on ebay, by roughly 10%

Paypal will just say you took a photo but you've sent an empty box instead. They will get their refund, your only hope is maybe claiming the shippers insurance and saying it was stolen in transit by some postal employee.

I didn't know we had a hardwale sales section

This just showed me I was right to stick with NVidia. The mining farms at the time of the RX series are far bigger now than they were with R9's. I knew these would eventually flood the used markets


I am keeping my main GTX 1070 in my main computer. The second one I bought I already have a buyer for 14 months from now simply because I agreed to sell him 20 below averaged used value plus he will have access to me for the PNY lifetime warranty which could land him a GTX 1170 or GTX 1270 If it were to die

This is also avoiding shipping fees, paypal, and strangers visiting to see if it works

I'll consider this stuff though if I were to ever make dedicated mining rigs

no he must provide the photo of the code, the same box i've send, there is no way he can get around this

Im selling some of my gpu too, because the difficult very high, and the price of some altcoin down too.
for me selling some gpu is best solution for this day, and buy some POS coin to cover it.

He will just take the GPU out and take a photo of an empty box. Or put a brick inside it and said the GPU was switched.

I've been burnt a few times with eBay and their unfair Buyer Protection policy that others abuse.

uh there is something called serial number, i repeat there is no way he can avoid it, box and gpu are tied with that number

^hes saying the buyer can claim the box with the same serial number arrived, but was empty.

ie: you ship me a gpu i bought via ebay/paypal. it arrives but the box is empty, except for a 2lb paperweight (about what the gpu would have weighed). i send ebay/paypal a photo of the paperweight sitting inside a box that has the advertised serial number. clearly you shipped the advertised box, but theres no way to prove that it contained a gpu and not a paperweight

I was a power seller on ebay.  There are 3 or 4 more buyer scams that the seller can not stop.

I no longer sell much on ebay.


http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=philipma1957

this is my feedback above.

I stopped selling expensive items  a year or two ago.

I sold a mining pc  when btc was mined with gpus.

Buyer was cute tried a return  with 2 dead gpus.  He did not realize I had all serial numbers taken.
He said that he got 2 cards with  serial numbers different then I sent.
He had 3 feedbacks I had 1000+ feedbacks. With 0 neutral and 0 negative.

Ebay said I could not prove that the serial numbers on the good cards were ever sent to him.

He won.  I followed up for 3 months  and they caved in and gave me 250 in ebucks as a courtesy to a power buyer /seller.

I do not sell much anymore.  I still buy but sell very little.

and i clearly said that i do a photo with the gpu inside the box showing the same code(SN) before i ship it, so he can't say shit like that

the best thing would be to do a video when you give the package to the courier with he package opened showing the gpu and evrything with he serial number

it's a bit of a pain in the ass but it's the only thing to do to avoid those scammers...

he can still claim that the gpu does not work..but at that point you can get it back i guess... never had such issue, anyway i'm not selling only there i actually prefer to sell on forum

If you record a video where you put a special seal on the box, that would be very hard to get around.

I will weigh in here and add that I no longer sell on eBay either. I have had a similar experiences to that of philipma1957 and adaseb, and in my case a buyer claimed he got a defected card 3 months after he received it.

First off, I don't sell a GPU unless I am 100% confident it works. Every GPU I re-sell I have flashed back to original BIOS and install it in a test rig that I have several games and benchmarks installed on. I will run the Furturemark benchmark suite at the highest level for the given card, and also briefly fire up and play a few demanding games to make sure it stands up to real use. Once satisfied, I remove the card, gather all accessories, replace dust caps, etc. give a final quick dusting, and package the card up while taking photos for the auction.

I had been documenting all eBay transactions with photos after having a few close calls before. I had my listings show the serial number of the cards in one of the listing's photos, I even put the last 6 digits of the GPU serial as part of my listing title. I clearly described the cards as used along with their age and that I did not accept returns. Once the GPU's sold, I took another set of closeup photos of the GPU with the a copy of the winning bidder's invoice showing the auction number, his name, etc. along with the card's serial number and closeup shots of all angles. I photographed it going into the retail box and even into the final shipping box. I took the box to the post office and got a receipt showing drop-off time and weight of the package (to show it wasn't empty). At the time, I too thought I had plenty of evidence.

The buyer opened up a case and said the card I sent him was DOA and had a picture of some other card with clearly blown out components, but it was not even the same make/model as the one he bought. It was indeed too long of a time for eBay, but PayPal sided with him stating that my photos didn't prove I actually sent the card pictured, only that I took pictures of some card. FYI...PayPal now allows buyer to contest a purchase for up to 180 days!!! I asked them what form of proof they would take in case this would happen again in the future and they could not give me an answer. I tried to escalate the claim as far as I could but eventually just gave up.

Since I had good experience's previously, sometime later on I tried to sell another GPU and almost instantly I knew I made a mistake. First sign of trouble came when buyer began asking if I sent the item out yet, when the tracking information was clearly visible. A few days later, sure enough I get a item not received claim. I log in and click on tracking and it shows the item as delivered. I reply back with this information and the guy claims he never received anything. I double check his address with PayPal and everything checks out, and think I am covered by PayPal's seller protection policy. No go, as it turns out due to the previous incident months earlier I do not qualify for the program as I am now considered a bad seller. Before this I had been an occasional seller of many items for over 5 years with over 800 positive feedback and thousands of dollars of transaction history so would have thought I would have more credibility that some 0 or 2 feedback buyer.

These are just two example of where the buyer was successful in his scam, as I have had numerous "close calls" when I state the card was used, I offer no returns and most of the cards I sell are still under the manufactures warranty anyway if there really was a problem. Some might complain a bit but have never pushed it all the way.

Anyway, I have since closed both my eBay and PayPal accounts as they seems to have been taken over by scammers. I now try to sell via Craigslist or local paper ads, and even though it is a much smaller market and usually a hassle, occasionally I am successful. Plus without having to worry about the eBay/PayPal fees, I can usually offer it for $10-$15 less than online and still make more myself, so a win/win for both buyer and seller.

These ebaystories are putting a hamper over my plans to possibly sell a few gpus at ebay. I always thought the buyer protection program was good, but apparently it is easily gamed. Thanks for the heads up!

you can alo sell on amazon they don't use paypal, should be more safe, someone tried it?

I have sold many GPU's on amazon.  The fee's are about the same as ebay+pp.  In my experience selling GPU's on amazon; most of the buyers are from a country where it is hard to find GPU's for reasonable prices.  They have you ship to a reshipper.  This is fine so long as your seller settings indicate that you don't ship internationally.  Doing so limits your liability to the address they provide to amazon; and also makes amazon review their payment method more stringently.  If you fail to indicate that you don't ship internationally, you will probably get orders from stolen credit cards.

I have had some US buyers have problems with GPU's.  These are almost always due to inexperience installing the GPU.  Most buyers only need a few suggestions to get it working; some need a new PSU.

I haven't sold anything on ebay in a while.  For reasons already explained in detail earlier in this thread; I don't recommend selling anything worth more than $150 on ebay.

Personally I judge the future resale value of a GPU based on where it ranks on amazon's Best Sellers in Computer Graphics Cards and how long it has held that rank. 

I think the best time to sell a GPU is also the time when you can get screwed the most.

Kind of what happened in 2014 with people selling Bitcoin ASICs on eBay.

People that got rid of their ASICs sold them when Bitcoin peaked but the buyer later realized that difficulty is going up and price is going down and they don't actually make what the mining calculator predicted, instead of taking a huge loss on an ASIC, like paying $1000 for an S2. They just made a claim a month later and got a full refund. Only way to get ROI doing those times.

Same thing is happening right now with GPUs. Too many inexperienced people buying them thinking its gauranteed income and later on they want refunds because they dont realize how much power they use or that there is something called difficulty.

I agree 100%. 

I try to avoid selling during the danger times. 

Another thing that makes a difference; is selling for reasonable prices.  You are more likely to attract a legit buyer that way.

well at least they can't charge you back after 180 days like with paypal, there should be less scammers there

key on ebay is never sell international and never sell to a user with less than
20 postive feedbacks , also selling alot of cheap items is better thsn selling expensive gear like a 1070
which is why i sell cheaper stuff like 380s 280s 470s is far less incentive to scam and burn thier ebay ratings.

 High end items attract scammers like shit attracts flies

You can't choose who you sell to however. You can only block people with negative feedback you can't block a buyer with 0 feedback.

Only 2 ways of choosing buyers is to either make it have a VERY HIGH buy it now price but accept OFFERS and only accept the offers from people with feedback.

Another way is to wait until the last few seconds of the auction, if the highest bidder is a 0 feedback bidder you can always just cancel the auction saying "No Longer Available" and relist it next week.

 I have my ebay settings on their most restrictive + US only + no PO boxes.

Even though it's against the rules, I cancel sales with people with low <20 feedback and or not long term ebay users. I have done this with no complaints.

I only ship Fedex ground with signature required.

I think you have to sell on Ebay to have access to the gamer types.

same here i regularly cancel sales to buyers with low feedback
idgaf about thier dumb rules

I ship proirty mail with sig too and i make buyers pay shipping

you could easily take that photo, then switch in a brick before mailing. (at least thats the buyers scam argument)

Once bitten, twice shy.  If you don't want to heed the advice of people who have experienced exactly what you are saying is improbable, that is your choice. But don't think you're going to change the minds of people who have actually been screwed by said process.