cost benefit - sell cards or mine?

[kalus]

So i was at the computer store today, and it turns out the R9 280x have been trickling through on backorders.  people are going out the door and selling them on craigslist.  cost of cards are about $300, and i've seen prices up to $500 for brand-new-in-box cards. 

Currently, demand for 7950s are so high right now i see them listed for $300-450 for used, fucking cards. 

People are putting cash into vapourware ASICs.  the design and fab are possible, but all of the companies are as dodgy looking as fuck. 

so, is it better to mine now?  to sell pickaxes and shovels?  risk it all on a manufacturer in an extradition-free country?

[kalus]

ebay sellers are pricing scrypt mining rigs ~$1000/1mh, but the price is variable, and goes up, up up!

http://www.ebay.com/sch/i.html?_sacat=0&_from=R40&_nkw=scrypt+mining&_sop=16

[Nullu]

Supply and demand. Too many people without enough understanding of long term profit margins are throwing money at rigs and hardware they know nothing about.

[kalus]

i'm wondering at this point whether it's more profitable to sell the rigs vs. mining them, esp. at these prices.  

oooh strong support for 'meat popsicle'

[kalus]

Radeon 7950 ebay price reaches new high of $599usd!

http://www.ebay.com/sch/Graphics-Video-Cards-/27386/i.html?_from=R40&_sop=16&_nkw=radeon+7950

R9 280x being sold in lots of 10 for $500/unit!  (highest 'buy it now' price = $614usd)

http://www.ebay.com/sch/i.html?_odkw=radeon+7950&_sop=16&_osacat=27386&_from=R40&_trksid=p2045573.m570.l1313.TR10.TRC0.A0.Xradeon+r9+280x&_nkw=radeon+r9+280x&_sacat=27386

[zefo]

Do both!  Mine and sell them rigs.  Either way they're going to buy from someone and some don't have the technical knowledge to put them together. 

[kalus]

Do both!  Mine and sell them rigs.  Either way they're going to buy from someone and some don't have the technical knowledge to put them together.  

that after-sales customer care is gonna be a bitch for non-technical gold-rushers.  i can imagine the voicemailbox resembling the hashco.ws thread in spoken word.

[kalus]

Local box store has jacked up the prices of 280x to $400 today.  local craigslist has them going used for as much as $500.

ebay also is going to $500 or so.  here is an auction for one hundred sapphire R9 280x only $50,000!

http://www.ebay.com/itm/SAPPHIRE-TRI-X-R9-280X-3GB-GDDR5-OC-UEFI-for-Bitcoin-Litecoin-100PCS-500-pcs-/321278787326?pt=PCC_Video_TV_Cards&hash=item4acdb53efe

[kalus]

this week on 280x prices:  eBay "buy it now" are starting to hit mid $714 for one Gigabyte Windforce 3x!  range is 499-714.  lots of cards at high 400s.  

This week's bang for the buck:  rebates on XFX 7850:  390kh/sec for $130us/$150ca!

http://www.newegg.com/Product/Product.aspx?Item=N82E16814150642
http://www.newegg.ca/Product/Product.aspx?Item=N82E16814150642