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Title: Many AMD GPU's available. Are you still buying? Post by: davemanet on November 01, 2017, 07:17:19 AM I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs?
Title: Re: Many AMD GPU's available. Are you still buying? Post by: Metroid on November 01, 2017, 07:50:49 AM return of investment is around 2 years, nobody is crazy to buy cause less than a year from now eth will be pos and most likely will not be profitable anymore. Now, with Nvidia and equihash things are different, with nvidia you may gamble, with amd you cant gamble. Also, nvidia uses less electricity which in turn is better for coolers and heatsinks and the roi might be less than with amd and most nvidia partners have a better warranty than amd partners. So forget amd for now, where i live amd gpus are still ovepriced, I mean, while I can buy a gtx 1070 for 440 usd, a rx 580 8gb is around 420 usd. It makes no sense at all.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: Za1n on November 01, 2017, 08:33:50 AM I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs? Prices are not normal yet. I just looked up a 8 GB RX580 selling for $269 on New Egg. Before the run-up in prices this last spring you could get the same card for $209 and sometimes on sale for $199. I have invoices from that time period to back this up so I am not just succumbing to false memory. I have stopped building new rigs for the time being and letting the market sort itself out. I think the premiums on hardware need to come down quite a bit yet from their highs and maybe when this has happens I will take another look. Also, similar to the poster above me, if I were to build a new rig I will probably go with Nvidia for their better power efficiency and more flexibility with which algorithm you can run. Once payback periods start pushing out to a year or longer, you cannot ignore such factors like you could back in the days where anything you bought could be paid off in 3 months. Title: Re: Many AMD GPU's available. Are you still buying? Post by: DmitrySh on November 01, 2017, 09:40:03 AM I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs? Hi, my thinking it's way with nVidia cards only,The reasons: 1. Lower voltage. 2. Better cooling systems. 3. Better to overclocking. 4. The price not so much upper. Right now on the ~500mhs it's 2.5eth per month, 15 GPU's of Nvidia 1060 6GB - around 355 mhs and the price for cards was ~4500 euros + ~2000 euros for PSU's and others. 5 GPU's of AMD Cards - 138 mhs - the price was ~1500 euros + ~700 euros for PSU's and others Total:8700euro Per month:644,625 euros Electricity: 100euros Placement: 80euros Total profit:464,62euro So right now it's not so profitable to build new rigs,actually payback of GPUs around 13-18 monthes. (And it's with low voltage cards. With Red i think it will up to 20-24 month) Title: Re: Many AMD GPU's available. Are you still buying? Post by: Pencila on November 01, 2017, 09:48:41 AM I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs? Hi, my thinking it's way with nVidia cards only,The reasons: 1. Lower voltage. 2. Better cooling systems. 3. Better to overclocking. 4. The price not so much upper. Right now on the ~500mhs it's 2.5eth per month, 15 GPU's of Nvidia 1060 6GB - around 355 mhs and the price for cards was ~4500 euros + ~2000 euros for PSU's and others. 5 GPU's of AMD Cards - 138 mhs - the price was ~1500 euros + ~700 euros for PSU's and others Total:8700euro Per month:644,625 euros Electricity: 100euros Placement: 80euros Total profit:464,62euro So right now it's not so profitable to build new rigs,actually payback of GPUs around 13-18 monthes. (And it's with low voltage cards. With Red i think it will up to 20-24 month) I have similar calculation. So unless there is big pump of the altcoins, it is not worth investing in mining. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Sev18 on November 01, 2017, 01:09:25 PM Its profitability has sharply decreased from crazy may 2017, but people thinking of long-term investment are still purchasing GPUs.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: Technicrate on November 01, 2017, 01:12:41 PM Its profitability has sharply decreased from crazy may 2017, but people thinking of long-term investment are still purchasing GPUs. It is better to buy the coins directly. You do not have the noise. Title: Re: Many AMD GPU's available. Are you still buying? Post by: PranDoW on November 01, 2017, 01:28:39 PM Maybe later I am going to try AMD, but now I prefer nVidia cards because of their universality. To be honest yes Im planning to buy about 6 cards just for experiments
Title: Re: Many AMD GPU's available. Are you still buying? Post by: mojoxc on November 01, 2017, 02:47:00 PM Still buying gpus but building rigs for specific algorithims and not doing 100's of rigs at a time.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: shibob on November 01, 2017, 03:17:51 PM I'm using some AMD rigs, and I'm going to grab more AMD cards but not now. The prices are still a way higher than profit.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: Bare on November 01, 2017, 03:31:37 PM Just bought sapphire Fury x at my local craigslist, got it from a guy for only 280€ since he's in a rush to buy Vega(dunno which one),
now that's a good deal to me considering I can't find any Fury x(even non x) below 400€ anywhere(in EU ofc) and I was always paying around 250-300€ max. for Fury so basically I got liquid cooling for free... Damn I love Fijis... Title: Re: Many AMD GPU's available. Are you still buying? Post by: xxcsu on November 01, 2017, 04:21:50 PM Just posted this 2 days ago in another topic , calculated ROI for a 8 cards rig for a member who thinking to jump into the mining...
1X ASRock H110 Pro BTC+ LGA 1151 Motherboard (https://www.newegg.com/Product/Product.aspx?Item=N82E16813157781&cm_re=btc_mining-_-13-157-781-_-Product) -- 115$ 1X Intel Celeron G3930 Kaby Lake (https://www.newegg.com/Product/Product.aspx?Item=N82E16819117748&cm_re=Celeron_LGA1151-_-19-117-748-_-Product) -- 40$ 1X G.SKILL Ripjaws V Series 8GB (2 x 4GB) 288-Pin DDR4 SDRAM (https://www.newegg.com/Product/Product.aspx?Item=N82E16820231882&cm_re=F4-2133C15D-8GVR-_-20-231-882-_-Product) -- 85$ 1X OCZ Storage Solutions 120gb SSD (https://www.newegg.com/Product/Product.aspx?Item=9SIA1ZD5190933&cm_re=120_GB_SSD-_-9SIA1ZD5190933-_-Product) -- 55$ 1x EVGA SuperNOVA 1600W T2 PSU (https://www.newegg.com/Product/Product.aspx?Item=N82E16817438041&cm_re=1600_watts_psu-_-17-438-041-_-Product) -- 430$ 8x RX580/8gb (https://www.newegg.com/Product/Product.aspx?Item=N82E16814137117&cm_re=rx_580-_-14-137-117-_-Product) -- 2400$ 8x PCI-e Express 1X to 16X Riser Card (https://www.newegg.com/Product/Product.aspx?Item=9SIA4RE5VR9203&cm_re=pcie_riser-_-9SIA4RE5VR9203-_-Product) -- 72$ 1x 8, 9,10 GPU aluminum open air mining case (https://www.ebay.com/itm/8-9-10-GPU-Zcash-ZEC-Ethereum-aluminum-open-air-mining-case-Crypto-Tsunami-/222427931353) -- 180$ Total : 3377$ You can go lower probably around 3000-3100$, if you building your own case , ordering cheaper PSU , going for a 4GB ram , using HDD not SSD , getting cheaper risers ... With this setup you can get around 230-240MH/s mining speed on ETH after proper bios mod / undervolting / overclocking. Your ROI ( return of investment) is going to be around a year , depend on to many factor ( ETH/USD exchange rate / difficulty / when ETH going to POS ? / what you are paying for electricity. i calculated your estimated earning with 0.1$/KW/h electricity rate , and a 1200watts power usage ( to archive this you need to undervolt , overclock your cards , mod your bios ) http://beszeljukmeg.com/ETH/240mhsearning2.JPG Before you going to start your first adventure with mining , i would suggest you to read this topic (https://bitcointalk.org/index.php?topic=2208927.msg22248565#msg22248565) You need to understand , None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later ! Those calculators telling you about today , at that moment when you typing in your information ! Title: Re: Many AMD GPU's available. Are you still buying? Post by: suprnurd on November 01, 2017, 05:09:16 PM This was all really interesting to read. I invested in nVIDIA hardware but was curious/interested to see what I could build with AMD especially since all graphics cards are very overpriced here in Canada.
Given that prices are coming down now, I may take a second look and maybe build a small 3-card rig just for fun. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Vann on November 01, 2017, 06:56:07 PM At this time IMO, you are better off putting the money in BTC. Wall Street is expected to invest $1B in BTC and other Blue Chip Cryptos and another $1B in BTC related companies before the end of the year. Richard Heart is calling for $20K BTC by Xmas. If that happens, you can take profit after the New Year and buy the same rig for <1/3 of the price with the money invested.
https://www.youtube.com/watch?v=MZtF3uOnjxQ Title: Re: Many AMD GPU's available. Are you still buying? Post by: QuintLeo on November 01, 2017, 08:58:44 PM I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs? I have yet to see ANY AMD RX 470/480/570/580 at anywhere near it's "regular price" from Febuary or before. The RX 460/560 was less effected by the shortage, and I think the Vegas are finally dropping down to close to their "list price" as supply catches up to demand (and given the relatively poor performance of the VEGA in it's price range, I won't be shocked to see them hitting noticeable discounts vs "list price" soon). HOWEVER Profitability on mining is back down into the rough ballpark of where it was at back in Febuary on most coins, before the big price surge hit - and I suspect new rig building is going to stay depressed for a while, then when ETH goes POS profitability is going to colllapse across the board for GPU mineable coins and a lotta current rigs are going to get sold off for parts because they're no longer profitable even at CHEAP electric rates. I personally am not mining with any of my AMD GPUs at this point, as such (technically they're earning some Gridcoin but it barely pays their electric usage). I have zero intent of buying any AMD cards for the foreseeable future to mine on because the pricing on the good mining cards is STILL inflated quite a bit. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Metroid on November 01, 2017, 09:52:56 PM I have talked to a friend who is a miner and he said is leaving the mining business, is and will continue be selling his amd cards and hold out for the money, and will not buy any coins with the money from selling his amd cards.
I guess maybe only volta will make him to be a miner again. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Pendrak on November 01, 2017, 11:20:34 PM I just buy a SAPPHIRE Radeon™ RX Vega64 8G HBM2 card.
All my rigs are AMD RX 580 (5 rigs x 12 card each), i have nothing to complain. Using EthOs. Doing ETH/DCR. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Marvell2 on November 01, 2017, 11:27:23 PM I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs? Hi, my thinking it's way with nVidia cards only,The reasons: 1. Lower voltage. 2. Better cooling systems. 3. Better to overclocking. 4. The price not so much upper. Right now on the ~500mhs it's 2.5eth per month, 15 GPU's of Nvidia 1060 6GB - around 355 mhs and the price for cards was ~4500 euros + ~2000 euros for PSU's and others. 5 GPU's of AMD Cards - 138 mhs - the price was ~1500 euros + ~700 euros for PSU's and others Total:8700euro Per month:644,625 euros Electricity: 100euros Placement: 80euros Total profit:464,62euro So right now it's not so profitable to build new rigs,actually payback of GPUs around 13-18 monthes. (And it's with low voltage cards. With Red i think it will up to 20-24 month) what you are failing to factor in is the 580s are beasts at dual mining , if you have adequate cooling a good 580 can do 30mhs eth and 95 lbr for 150 watt that 95 lbry is basically nearly 3 times what i can get out of a 1070, and the crazy thing is 95 lbr is bascially close to what you get solo mining lbry on a 580 anyways so you are truly truly dual mining. me im still buying 580s 8gb at $300 but only certain brands that are easiest to mod and have consistent mem quality Title: Re: Many AMD GPU's available. Are you still buying? Post by: Pendrak on November 02, 2017, 12:07:13 AM The diference in price of the 1070 and the 580 is too big.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: antantti on November 02, 2017, 12:19:38 AM eth, xmr, zec are all so red against usd. You guys are still buying gpu's?
If you still need to show some bad numbers vega 56 is the only way to go. Silent mining forum, wonder why? Title: Re: Many AMD GPU's available. Are you still buying? Post by: leowonderful on November 02, 2017, 12:21:30 AM I've stopped mining completely and switched over to purely holding like i used to. Profitability has dropped all over the board and except for the big three (BTC, Scrypt and X11) there's not a whole lot left to mine nowadays. If price resurges on alts and a new generation of GPUs comes out that is better at mining than the current generation of miners that'd help draw miners back.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: sevenmiles on November 02, 2017, 12:24:06 AM Yes, reasonable price for now - since eht mining is not profitable as before
XFX GTS XXX Edition RX 580 8GB OC+ 1386Mhz DDR5 3xDP HDMI DVI Graphic Cards RX-580P8DFD6 $ 289.99 Sapphire 11265-01-20G Radeon NITRO+ RX 580 8GB GDDR5 DUAL HDMI / DVI-D / DUAL DP with backplate (UEFI) PCI-E Graphics Card $ 289.99 MSI VGA Graphic Cards RX 580 GAMING X 8G $ 299.99 Title: Re: Many AMD GPU's available. Are you still buying? Post by: Metroid on November 02, 2017, 01:28:41 AM Yes, reasonable price for now - since eht mining is not profitable as before XFX GTS XXX Edition RX 580 8GB OC+ 1386Mhz DDR5 3xDP HDMI DVI Graphic Cards RX-580P8DFD6 $ 289.99 Sapphire 11265-01-20G Radeon NITRO+ RX 580 8GB GDDR5 DUAL HDMI / DVI-D / DUAL DP with backplate (UEFI) PCI-E Graphics Card $ 289.99 MSI VGA Graphic Cards RX 580 GAMING X 8G $ 299.99 I'm a lot more for a gtx 1070, rx 580 price should be most at 200 usd, then i would say a rx 580 is a better buy. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Pendrak on November 02, 2017, 01:40:26 AM I'm a lot more for a gtx 1070, rx 580 price should be most at 200 usd, then i would say a rx 580 is a better buy. But the 1070 cost $450+ (the good ones). Not sure why get the 1070. I understand that lot of people get Nvidia cards because was hard get a RX 580 months ago, but right now their prices are going down, is a good moment to get RX cards, they can get you 30-31 MH/s on eth very easy. Title: Re: Many AMD GPU's available. Are you still buying? Post by: QuintLeo on November 02, 2017, 04:17:14 AM what you are failing to factor in is the 580s are beasts at dual mining , if you have adequate cooling a good 580 can do 30mhs eth and 95 lbr for 150 watt that 95 lbry is basically nearly 3 times what i can get out of a 1070 A GTX 1070 should be good for more than 300 MHash on lbry - if you're seeing only 30 you're running some really badly outdated software, or have something configured WAY wrong. Sure you're not confusing ETH hashrate on a 1070 (which IS in the 30 Mhash ballpark) with lbry hashrate? On the other hand, ETH isn't a good choice for the 1070 any more, since RX 470/480/570/580 pricing dropped back under the $400 range. The reason to get a 1070 is for OTHER algorithms like the one used by ZEC/ZEN/ZCL/BTG, where it IS comparable to superior on hash/$ to the RX series cards, or lyra2r2 where it blows away AMD on hash/$ - among many other options. Keep in mind that ETH is not the end-all or be-all for GPU mining - it's the biggest SINGLE GPU-mineable coin right now, but not the ONLY profitable one by a long shot and often not the most profitable on a income/cost of rig basis. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Phantoms001 on November 02, 2017, 04:23:49 AM The only thing we're buying is "open box" cards at microcenter. These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie. we bought a 480 for 157.00 last week). Other than that, I'm still waiting for prices to drop.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: Metroid on November 02, 2017, 05:04:14 AM The only thing we're buying is "open box" cards at microcenter. These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie. we bought a 480 for 157.00 last week). Other than that, I'm still waiting for prices to drop. You guys are doing it right. While you are usually paying that, noobs are paying 300 usd plus hehe Title: Re: Many AMD GPU's available. Are you still buying? Post by: davemanet on November 02, 2017, 05:34:52 AM The only thing we're buying is "open box" cards at microcenter. These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie. we bought a 480 for 157.00 last week). Other than that, I'm still waiting for prices to drop. Is it still one per customer? Title: Re: Many AMD GPU's available. Are you still buying? Post by: EthereumBoy on November 02, 2017, 05:48:12 AM I dont recomend building rigs. You lose money because bitcoin is in the tiping point and soon start fast low. Bitcoin is big scam and I dont recomend to mine, buy or own it. If you want play risky buy atleast ethereums.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: suprnurd on November 02, 2017, 03:22:20 PM The only thing we're buying is "open box" cards at microcenter. These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie. we bought a 480 for 157.00 last week). Other than that, I'm still waiting for prices to drop. You guys are doing it right. While you are usually paying that, noobs are paying 300 usd plus hehe I would have to agree with this - I think as long as you get the full warranty you are in good shape. Title: Re: Many AMD GPU's available. Are you still buying? Post by: gtsmmst on November 02, 2017, 03:46:12 PM These all calculations do not take into account the coin price.
What if ETH is $600 in 6 month? What if XMR is $150 and ZenCash is $150 in 6 month? Its better to mine coins that will probably go up in value. Of course the difficulty grows but if the price of the coin grows to - you are good. So, today mining for a month you are getting 2.5eth for $750, and in 6 months you will get 1.5-1.7 eth, but that might be over $1000 already. And if you pick a correct coin now, the return might be a lot higher. Im planning to start on mining Zcoin and ZenCash, with today prices its very little profit but once the price of the coin sky rockets... Title: Re: Many AMD GPU's available. Are you still buying? Post by: Oakey22 on November 02, 2017, 03:53:42 PM The problem with mining and holding is when the price goes down. You end up losing money.
Title: Re: Many AMD GPU's available. Are you still buying? Post by: mbdmbn on November 02, 2017, 03:56:31 PM These all calculations do not take into account the coin price. What if ETH is $600 in 6 month? What if XMR is $150 and ZenCash is $150 in 6 month? Its better to mine coins that will probably go up in value. Of course the difficulty grows but if the price of the coin grows to - you are good. So, today mining for a month you are getting 2.5eth for $750, and in 6 months you will get 1.5-1.7 eth, but that might be over $1000 already. And if you pick a correct coin now, the return might be a lot higher. Im planning to start on mining Zcoin and ZenCash, with today prices its very little profit but once the price of the coin sky rockets... Why don't you just mine the most profitable coin at the moment and buy Zcoin and Zencash with your profits? You're kicking yourself in the foot otherwise. Title: Re: Many AMD GPU's available. Are you still buying? Post by: Undefined31415 on November 02, 2017, 03:59:16 PM I would not recommend, at least to anyone with non-negligible electricity costs, to build up a rig from scratch at this time.
However, someone with free electricity or electricity costs independent of usage, it may still be worthwhile, but it would be still be a fair gamble based on mining difficulty and exchange rate shifts. Title: Re: Many AMD GPU's available. Are you still buying? Post by: leonix007 on November 02, 2017, 11:11:00 PM I dont recomend building rigs. You lose money because bitcoin is in the tiping point and soon start fast low. For now building and purchasing new hardware is not cool, and its not due to btc tiping point, we are not mining btc directly anyways. Quote Bitcoin is big scam and I dont recomend to mine, buy or own it. If you want play risky buy atleast ethereums. Funny, I just gain money in buying btc rather than buying ETh. |
