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 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.... 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 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... Exactly.
Those that can afford to pay $300 for a used GPU they just buy it retail brand new. Its hard to find a market for those types of GPUs hence they tank in the second hand market.
It really makes no sense for an enthusiast gamer to pay 80% off retail for a used GPU when they can just pay 20% extra and get a shiny new GPU.
Regarding the 4GB vs. 8GB, there are 2 or 3 games that benefit from the 8GB the rest perform at the exact same speed on 4GB and is a complete waste of money.
again it depend on the resolution if you are gaming on a 1440p every gpu at 4gb is crap with the recent gamers release, it's not my problem if you are stuck on 1080.... and no those who can afford 300 for an used gpu why should pay 400 for a brand new when they get the same cheaper? no-sense |
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You guys do realize that 8GB for most games is overkill and 4GB is more than enough.
Rarely games even use over 2GB these days.
this is wrong, and depend on your resolution, it's a known fact now that gamers don't want 4gb gpu anymore my old 970 can't do shit anymore with the 4gb It's really personal. I know guys that are still perfectly happy with 4Gb cards, used 470 4gb will be sold around 100/120$ 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 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.... 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 $200 on eBay. How is that 80% off retail? More like 70% off retail. gamers don't like 4gb card, they like 8gb card, that's why they will not buy amd from miners also at present 1070 is making a killing in gaming industry, it's the most wanted gpu for now, it can handle any games at higher resolution |
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You guys do realize that 8GB for most games is overkill and 4GB is more than enough.
Rarely games even use over 2GB these days.
this is wrong, and depend on your resolution, it's a known fact now that gamers don't want 4gb gpu anymore my old 970 can't do shit anymore with the 4gb It's really personal. I know guys that are still perfectly happy with 4Gb cards, used 470 4gb will be sold around 100/120$ 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 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 |
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Also i think that before pascal card, you didn't had any nvidia card that was worth mining with because they were doing quite poorly against AMD's in term of price & performance,especially because of their architectures, AMD went for memory optimisation where nvidia got more power to their core and thus not needed as much memory optimisation & bandwith, it made very good result for gaming, but for mining especially ethereum that was/is still the king of AMD the AMD architecture is just much better than nvidia when mining come into play. And you can see today, the algo that does very well on nvidia card are pretty much all core dependant (zcash, lbry) So alot of optimisation, bios, & stuff went to AMD's. If you look today, 1060/1070 are doing pretty good on some algos, and even older 970/980 are getting some results because of all the optimisation that are coming for nvidia cards. Nvidia made their gpu's efficient @ gaming, but they're not doing as well in mining. Good point is that an nvidia GPU resell better because they're preferred by gamers and they often benefit of extended warranty time, it make it worth building nvidia rigs, and sell if something goes not as good as expected. Somedays, maybe we will be able to tweak nvidia BIOS on pascal cards, and with more & more cards coming everyday, more miners & optimisation will get out, and nvidia will be more recognized as a mining solution, for now it is still a niche market versus AMD gpu's. This said, i'm very happy of my 10x6 1070 gpus rigs, they do very well, were easy to setup, and the ROI isn't that bad either. Still i really want someday to do AMD based rig, but it'll wait until VEGA  actually i'm waiting for the big boy as well, it' not much about amd or nvidia, it's that i hate cheap cards that you need many of them to do the same, you lose quite a bit on those additional rig, not to mention higher consumption/cooling etc... i want always the big boy in play(not old gen though...), density is very important and people seems to forget it completely |
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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 $100 loss on a single 1070...and anyway it's true that many people are moving on higher resolution, 4gb ain't enough there |
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in order for chinese to mnaipulate the price, they need to be a whale first, do we know about any whales that hold at least 100k coins to manipulate the market? i don't remember any
so this mean that chinese can only manipulate randomly based on the fact that they are many and if many of the buy and then panic sell they might cause a huge crash
therefore who is making this panic selling must be someone else that take advatage of the chinese weak hands...
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Such a calculation could be more meaningful if done for gold (or similar) instead of fiat.
So... how much does all the gold worth?
It may get you with less than 100k/BTC, or even under 10k...
Edit: after a quick Google, if I calculated right, it would still be 500k$/BTC. WOW.
In fact, it wouldn't be any more meaningful Since less than 20% of gold out of ~200k metric tonnes of gold that was mined through history is potentially tradable. The rest is used in jewelry and electronics as well as stashed away for good. On the other hand, these comparisons are pointless as such since they are based on the current price of Bitcoin and evaluated in the same currency that Bitcoin is priced in (as per OP). A proper way of doing such estimates should be based on the global GDP in physical terms per number of coins in circulation Right now we compare the price of bitcoins and value it according to USD as our basis. Maybe in the future we would compare gold and USD and other currency to bitcoin and not the other way around like today. People would look to how much bitcoin is my USD worth today like that. That would be the day that I'd love to see. i see bitcoin and fiat like i see the currency of one country before the euro come in play and the euro itself so in the future you can simply view bitcoin liek the euro in comparison with old fiat currency that were used in europe, everything if this will ahppen will be price in bitcoin, and you will not need anymore to base it on USD or whatever |
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How can i burn something that has no physical appearance? bitcoin is an online currency therefore, you cannot burn it! If you mean if I will ignore my bitcoin if something goes wrong, definitely NO! I will keep it because I'm pretty sure that it will increase it's value again!
uh? for burning bitcoin it means that you send them to an address fro which those coins cannot be retrieved, or you on purpose destroy your wallet without recover of any kind |
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for someone to have all the bitcoin he need first to buy all the bitcoin, this mean that he will increase the value to unbelievable level and make bitcoin a strong currency not so different than the standard slwly adoption that will do the same lol, if someone or some group has all the bitcoin, then bitcoin is dead. It's no different than someone create a new coin and hold all the coins minted. Without people's usage, the coin is worthless.
itr's partial true if he will never spend anything even among his friend, because miners need fee when the block will be depleted but as long as he still move his coin to other address he is paying the miners and thus bitcoin can not die |
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In some country with poor economy that is certain but i bet they will be replaced mostly with an enchaned fiat system than bitcoin, like a centralized blockchain that reduce their cost
since bitcoin is not contorlled i highly doubt any government will ever allow it as a main currency, but only as a side one
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you can try poloniex or bittrex for altcoin trading, i don't remember bittrex asking for any minimum age for trading, nor they can't prove it, because they don't even require document for trading that do not involve fiat
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i'm not from usa or canada, but how it work when someone use bitcoin directly to buy stuff on the web and he earning them with mining only no trading and no capital gain involved?
he need to pay taxes anyway? and how is IRS going to trace people that do this? how can they we know what he bought especially if the item is bought from another country, like here on the forum?
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As far as I know, Nvidia cards are not preferred in GPU mining. ATI cards are being used more often than Nvidia cards. Is there a particular reason for this?
Why do you prefer ATI cards?
yes. AMD cards are better at it. ROI faster then Nvidia cards not true at all you have a 1060 3gb which cost almost the same of a 470 and hash more on zec with far less consumption It is true only for Zec however. No one see Zec being here in long term so what is the point in buying Nvidia cards if they are better at only one coin that is actually dying ? false it's true for lbry also and spreadcoin, and guess what lbry is profitable... and you can add sib too, and for amd you also have only to option xmr and eth on which they are better, and on xmr nvidia is just not optimized |
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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 |
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As far as I know, Nvidia cards are not preferred in GPU mining. ATI cards are being used more often than Nvidia cards. Is there a particular reason for this?
Why do you prefer ATI cards?
yes. AMD cards are better at it. ROI faster then Nvidia cards not true at all you have a 1060 3gb which cost almost the same of a 470 and hash more on zec with far less consumption |
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this question doesn't make sense it depend on the hashrate you want, if you reduce the power limit you get less hash but less consumption
if you have high electricity the second choice is better otherwise with cheap electricity i would always overclock the shit out of any gpu
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x11 gost is very "hot" algo. Getting 14.3 mh with Alexis miner and have 64 degrees, with ZEC for example 58 ( same clock settings ) . And look on power consumption curve - it's very variable from 75% to 115%.
x11ghost isn't just sib? how do you get 14.3MH? hahsrate is 8-9MH on a 1070 х11gost it's just sib. I am using alexis miner v1 not tpruvot 1.8.4. P.S Not ghost, but gost, which means state standart (translating from russian  ) yes gost anyway download link for the alexis miner v1? |
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Vega?
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. 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 |
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x11 gost is very "hot" algo. Getting 14.3 mh with Alexis miner and have 64 degrees, with ZEC for example 58 ( same clock settings ) . And look on power consumption curve - it's very variable from 75% to 115%.
x11ghost isn't just sib? how do you get 14.3MH? hahsrate is 8-9MH on a 1070 |
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SP take a look at improving SIB for Sibcoin. Decent sized market that has grown quite a bit in the last week or two.
Tpruvot version is very well optimised. i see there are some cpu does not valiate when mining |
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