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Author Topic: Anyone starting to sell GPUs?  (Read 4503 times)
keystroke (OP)
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November 01, 2012, 05:33:05 PM
Last edit: November 12, 2012, 04:53:02 AM by keystroke
 #1

I have 7 5870s. Just put one up for sale as the stock fan died (probably the 3rd or 4th card to have the same issue!) and replacing it with another fan isn't really worth the time/effort/money as with the difficulty drop in 4 weeks the card would only have made about 2-3 Bitcoin I rough estimated.

EDIT 11/11/12:

Here are a bunch of my cards! Descriptions and pictures in the auction links Smiley

Gigabyte ATI Radeon HD 5870 (GV-R587UD-1GD)
http://www.ebay.com/itm/150945650863?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
http://www.ebay.com/itm/150945656624?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

Gigabyte ATI Radeon HD 5870 (GV-R587OC-1GD)
http://www.ebay.com/itm/150945661036?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
http://www.ebay.com/itm/150945679505?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649


XFX ATI Radeon HD 5870 (HD-587X-ZNDC)
http://www.ebay.com/itm/150945672617?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
http://www.ebay.com/itm/150945675904?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

Motherboards:
http://www.ebay.com/itm/150945744044?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
http://www.ebay.com/itm/150945744191?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

Any questions, please ask! Additional hardware coming soon.

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underminer
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November 01, 2012, 05:35:21 PM
 #2

Well I am still buying.  I think some people are starting to clear out but not me.

What do you want for your cards if you are selling.  (Coinbank is empty now but it won't always be...)

Keep your bitcoins my .02 are free.
keystroke (OP)
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November 01, 2012, 05:39:35 PM
 #3

Cool, what is your rationale for buying now? I think ASICs are going to cut into margin quickly... then again if you have free power! Smiley More power to you.

I'm not sure about the fair market value honestly so I put the auction up on eBay. Would you like to make an offer?

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November 01, 2012, 05:46:56 PM
 #4

I'm crazy.

No really I have a lot of small factors that weigh into my decision:

1. Free power
2. I love tech for tech's sake, I am trying to buy every mining card at least to own for a little while
3. I think these cards will retain value on the gaming market despite the influx
4. Coins generated by the machines I have running now cost me little/nothing --> makes sense to buy more cards with "free money"


**edit**

Forgot to make an offer.

I just paid 21 coins for two 5870 with shipping from Europe with aftermarket coolers and while I like this card (I think its pretty well balanced at cost/performance.) I'd love a slightly lower price.  Not killer though, just keep in mind I *currently* have maybe 5 coins and a couple of those are promised to internet friends already...

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keystroke (OP)
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November 01, 2012, 06:35:53 PM
 #5

I'm crazy.

No really I have a lot of small factors that weigh into my decision:

1. Free power
2. I love tech for tech's sake, I am trying to buy every mining card at least to own for a little while
3. I think these cards will retain value on the gaming market despite the influx
4. Coins generated by the machines I have running now cost me little/nothing --> makes sense to buy more cards with "free money"


**edit**

Forgot to make an offer.

I just paid 21 coins for two 5870 with shipping from Europe with aftermarket coolers and while I like this card (I think its pretty well balanced at cost/performance.) I'd love a slightly lower price.  Not killer though, just keep in mind I *currently* have maybe 5 coins and a couple of those are promised to internet friends already...

2. Yea me too! It is sad to part with our farm Smiley

Cool! Would you be willing to pay in dollars rather than BTC? Smiley I guess not since it defeats point 4! But yea your logic seems tight!

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underminer
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November 01, 2012, 06:37:08 PM
 #6

I could probably ending up doing dollars, but not today.  Cheesy  Want to pm for discussion?

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November 01, 2012, 07:16:13 PM
 #7

Plus there's coinlab and charity hashing stuff as well...

Keep your bitcoins my .02 are free.
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November 01, 2012, 07:22:08 PM
 #8

Same here butility for fpgas. I'll keep on buying them if basic will deploy (with a big if)

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November 01, 2012, 09:11:16 PM
 #9

I am keeping my GPUs and my whole rig intact. We are going to see a rise in gaming and a fall in productivity among the Bitcoin community XD

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November 06, 2012, 09:44:45 PM
 #10

i`m keeping mine for now ... and i think i`ll switch to litecoin when the time come
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November 07, 2012, 09:50:18 AM
 #11

I'm not paying for power, so no Smiley

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November 07, 2012, 04:09:08 PM
 #12


you will have to pry my gpus from my kung fu grip

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November 07, 2012, 10:44:34 PM
 #13

Plus there's coinlab and charity hashing stuff as well...

I wonder if we can use donated gpu/cpu time on BOINC charity projects, for tax reduction purposes?

Would be fun.
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November 07, 2012, 10:58:28 PM
 #14

Plus there's coinlab and charity hashing stuff as well...

I wonder if we can use donated gpu/cpu time on BOINC charity projects, for tax reduction purposes?

Would be fun.

Any electricity used could be counted towards a 'donation' for tax purposes.

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November 08, 2012, 05:47:26 PM
 #15

Just got a 5870 for 80€ - either I was just lucky or it indicates that people show already less interest in GPUs...

Well, one 5870 might a bit slim for statistics  Wink

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November 08, 2012, 06:35:47 PM
 #16

My GPUs are keeping my room at ~80 degrees while the rest of the house is about 40. I will keep them running til the very end and keep my heater off Smiley

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November 09, 2012, 01:41:53 AM
Last edit: November 09, 2012, 01:53:43 AM by CoinHoarder
 #17

My GPUs are keeping my room at ~80 degrees while the rest of the house is about 40. I will keep them running til the very end and keep my heater off Smiley

40 degrees, damn.... where do you live? An igloo?


My 2 satoshis on selling GPUs....

If you only want to mine bitcoin, GPUs will lose money as soon as the reward drops (about 3.5 weeks). So the only reason to hold on to your GPUs are for mining alt coins (unless you rig is your heater.) alt coins is risky business all that power consumption could be for nothing when the coin dies several month later. Then again, maybe it's the next big thing and really takes off in a year. It all comes down to whether you like to gamble or not. Smiley I know I do, that's why I'm still building GPU rigs.

For anyone that's interested, I am still buying used GPUs.. I need to fill out the rest of my PCIe slots. Hit me up.
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November 09, 2012, 03:45:29 AM
 #18

I'm like this too. I like tinkering with technology so I'm going for a watercooled bitcoin (then litecoin) setup in the long run. Just for the hell of it. 5870s are awesome, although now I wonder if I should have gone for 5970s but then I'm not sure if the 1200W PSU I'm using would support 4 x 5970.

PS: this is looking like the next case for this system:

BitFenix Shinobi XL
http://www.newegg.com/Product/Product.aspx?Item=N82E16811345005

Room for a 3x120mm radiator within the top and removable drive bay area for long cards and a place to put pump/res. Sweet.

Edit: Better pics: http://www.performance-pcs.com/catalog/index.php?main_page=product_info&cPath=103_970&products_id=34455

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November 09, 2012, 12:25:26 PM
 #19

I'm like this too. I like tinkering with technology so I'm going for a watercooled bitcoin (then litecoin) setup in the long run. Just for the hell of it. 5870s are awesome, although now I wonder if I should have gone for 5970s but then I'm not sure if the 1200W PSU I'm using would support 4 x 5970.

PS: this is looking like the next case for this system:

BitFenix Shinobi XL
http://www.newegg.com/Product/Product.aspx?Item=N82E16811345005

Room for a 3x120mm radiator within the top and removable drive bay area for long cards and a place to put pump/res. Sweet.

Edit: Better pics: http://www.performance-pcs.com/catalog/index.php?main_page=product_info&cPath=103_970&products_id=34455

Very nice but hard to ROI i think to expensive

I just invest in more Mhases the rest is hobby as making expesive rigs is just for fun, but not neccesary i need more coins in my wallets thats all that counts for me. I see lots of reasons that ASIC is a scam but i could be wrong we will see..


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November 09, 2012, 01:57:59 PM
 #20

I've been contemplating selling the few cards I have running, but they're still profitable, so if/when ASIC's hit and GPU mining goes down the tubes, I'll throw them up on eBay.  I've only got a couple I specifically purchased for mining, so I'm not too worried about taking a beating on price.  But until a time that they're unprofitable to run, I'll keep them going.
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