Drop of hashrate for Polaris cards incoming

[bdiddle]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

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[adaseb]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

[Juggar]

People should begin to get serious about selling their RX cards, if they haven't already. I got in while the gettin was good. Sold every RX card for over $400 and promptly bought cheap 1070's under $400.

The very day that it is fully confirmed that this is a hardware issue, essentially, non fixable I guarantee you eBay will get flooded with $300 RX cards while Nvidia will sell out that much more. You probably wont even be able to find 1050 Ti's for cheap.

by the time we hit epoc 150 most rx cards if bough even today would have paid for themselves, gtx 1070s are price jacked up all over the place right now anyways or limits per 1 or two per order no reason to dump cards that are mining fine right now

I've been telling everyone the same thing but apparently no one can compute basic math.

"Yes lets sell our AMD gpus today for $300 which make $5/day so we can buy a $600 GPU which makes $4/day and in 6 months it will make me $0.50/day instead of the $0.33/day we would of made with the AMD gpu we've sold".

I never said SALE for $300 only that the price WILL fall that low (or lower) when it is finally confirmed that this is a hardware defect with RX cards. Also what $600 GPU??? 1070's can routinely be had for $399. Just this morning around 2:30 AM EST I saw GTX 1070 on EVGA's website for $399.....

what you SHOULD have done was unload when RX cards were fetching $400 minimum and bought 1070's BEFORE they went $400+.

You can try to justify holding onto them but at the end of the day, some of us did actually get free upgrades to GTX 1070's. It was the smart thing to do no matter how you slice it. It cost me zero $ out of pocket. In fact I managed to get some GTX 1070 for under $300 on eBay thanks to best offer and 10% eBay bucks.

[Juggar]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

But you will still need to add money to get the 1070.

He just fucking said he got the 1070 for $310 or can you not read? Its like you have a severe selective reading disorder. anything you dont agree with, you simply dont acknowledge.

[sundownz]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I was only able to get over $400 for brand new cards ($459 each). Getting mid 300s for the used ones I sold.

[Marvell1]

People should begin to get serious about selling their RX cards, if they haven't already. I got in while the gettin was good. Sold every RX card for over $400 and promptly bought cheap 1070's under $400.

The very day that it is fully confirmed that this is a hardware issue, essentially, non fixable I guarantee you eBay will get flooded with $300 RX cards while Nvidia will sell out that much more. You probably wont even be able to find 1050 Ti's for cheap.

by the time we hit epoc 150 most rx cards if bough even today would have paid for themselves, gtx 1070s are price jacked up all over the place right now anyways or limits per 1 or two per order no reason to dump cards that are mining fine right now

I've been telling everyone the same thing but apparently no one can compute basic math.

"Yes lets sell our AMD gpus today for $300 which make $5/day so we can buy a $600 GPU which makes $4/day and in 6 months it will make me $0.50/day instead of the $0.33/day we would of made with the AMD gpu we've sold".

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

[JustCauseBIH]

New cards are re-stocking. Just purchased rx 570 sapphire nitro + 4GB for 215$. There was plenty of them in Europe last two days.

[cabslock]

New cards are re-stocking. Just purchased rx 570 sapphire nitro + 4GB for 215$. There was plenty of them in Europe last two days.

Where did you find those?
Every site says pre-order.

[bdiddle]

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

It's possible I was ahead of the curve and started switching cards before Nvidia skyrocketed.

Also have been boosting hash rate and dropping power by selling rx cards around $300 and buying 1060's for $200.

[Pennywis3]

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

I agree.

Really no need to sell RX cards atm, people are just paranoid for obvious reasons.
Even if the hash rate drops, most of us got the cards for 200-240$, we will ROI a few times over by the time this bubble ends.
The ones that should worry are people geting in mining now, at high prices of cards and profits falling.

[comp]

 Tonight bitsbetrippin video about Sgminer and DAG

[CjMapope]

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

I agree.

Really no need to sell RX cards atm, people are just paranoid for obvious reasons.
Even if the hash rate drops, most of us got the cards for 200-240$, we will ROI a few times over by the time this bubble ends.
The ones that should worry are people geting in mining now, at high prices of cards and profits falling.

oh fuk all this shit, im just only buying Nvidia from now on , there's always gonna be SOMETHING to mine, and there's NEVER any of these
 dag/epoch issues haha
i mean i already WAS a nvidia miner, but damn haha, too complicated AMD is, my man hours in headache are worth $ too, ill just buy Nvidia ;p

[QuintLeo]

Really no need to sell RX cards atm, people are just paranoid for obvious reasons.
Even if the hash rate drops, most of us got the cards for 200-240$, we will ROI a few times over by the time this bubble ends.
The ones that should worry are people geting in mining now, at high prices of cards and profits falling.

 Folks that bought RX cards while they were still near MSRP have likely come close to paying for those cards by now.

 It's the folks that paid GOUGE pricing that might be in trouble.

 What's more likely to have a noticeable impact on profitability for ETH is the Ice Age "longer block times", which are a much bigger factor and affect ALL miners equally.

[Plumbus]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

[adaseb]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.

In the end I don't really care about making an extra $50 per GPU per year.

Like the previous poster said, the real money is in trading cryptos.

[Plumbus]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.

In the end I don't really care about making an extra $50 per GPU per year.

Like the previous poster said, the real money is in trading cryptos.

Over the next 12 months I'd be very surprised if the total profit per 1080 is only $50 more than the total profit each of my 580s would have gotten

[adaseb]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.

In the end I don't really care about making an extra $50 per GPU per year.

Like the previous poster said, the real money is in trading cryptos.

Over the next 12 months I'd be very surprised if the total profit per 1080 is only $50 more than the total profit each of my 580s would have gotten

Well in 12 months instead of making $5/day you might be making $0.50/day so by then its going to be a completely different situation.

I wish you luck and everything with your GTX 1080 and so, but for the old buggers like me, I rather just leave my rigs as they are.

[Pennywis3]

Well in 12 months instead of making $5/day you might be making $0.50/day so by then its going to be a completely different situation.

I wish you luck and everything with your GTX 1080 and so, but for the old buggers like me, I rather just leave my rigs as they are.

I know exactly what you mean.
It was fun at the start, puting rigs together, trying out hundreds of different settings, trying to get more hash, less consumption, doing nice cable management etc...

After that it just gets boring and something you don't want to do.
It's fun to have a rig or two, but having many is just boring hard work if something goes wrong.

Not to mention i have to work in my underwear because of the tremendous heat and still sweating like crazy.
I swear the god, there were times i nearly passed out...

[h311m4n]

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.

In the end I don't really care about making an extra $50 per GPU per year.

Like the previous poster said, the real money is in trading cryptos.

Over the next 12 months I'd be very surprised if the total profit per 1080 is only $50 more than the total profit each of my 580s would have gotten

Well in 12 months instead of making $5/day you might be making $0.50/day so by then its going to be a completely different situation.

I wish you luck and everything with your GTX 1080 and so, but for the old buggers like me, I rather just leave my rigs as they are.

Same here, with a full time job and a family to take care of, the hassle of removing GPUs, reflashing them back to stock, packaging them, selling them, just to make a few extra $ to buy nvidia cards just doesn't make sense to me. Plus the real smart choice would have been to buy ETH when it crashed to around 230$ and just hold for a few months, not to "upgrade" to 1070s which, by the way, aren't really any better than RX470/570. Granted they might have a better resell value but that's about it, they're not that much faster than the polaris based cards. But hey, if you got them for less than what you sold your 470s for, good for you.

And I don't get this consensus which seems to float around that "Polaris will be useless with the DAG problem so nvidia is the only good choice!". Like...you do realize I can mine other coins than ETH with my cards right? They are not just going to become useless overnight.

Anyway, all my 470s have paid themselves off long ago with what I've mined, traded and invested in.

Happy cryptoning

[QuintLeo]

 "upgrade" to 1070s which, by the way, aren't really any better than RX470/570

 The GTX 1070 is slightly better than any RX series on ETH - but it shines a LOT better on other coins like ZEC.
 It will also have better resale value down the road once the current "shortage-driven gouge pricing" collapses.

 IMO if you can sell off an RX 470/480/570/580 for close to the cost of a GTX 1070 you ARE doing yourself a long-term favor by moving up that way while you can.

 On the other hand, finding GTX 1070s at anywhere near MSRP has gotten almost as difficult the last 2 weeks as finding RX 470/480/570/580 for the last 2 months or so has been....



 Keep in mind that while ETH might command a small majority of all GPUs currently in use, it's NOT all of crypto or even close - and a lot of other coins perform MUCH better on NVidia hardware at this time.



 I can understand the "already have the card, just keep it going" concept though, and not saying there is anything WRONG with that.