gpu bubble well and truly bursting

[pdpanzer]

Again for the 12th time in the past 2 months this is not a bubble by the economic standards set down by the United States government and the Commodities Market. This has not yet reached the point of a bubble the increase was too gradual and leveling off. Is too long this is not a bubble stop using the word bubble please.

Bubble, bubble toil and trouble.

If it looks like a bubble, smells like a bubble, tastes like a bubble... then hey I'm gonna call it a bubble!

Bubble or not ETH is still making $8 a day for 4 470 that cost $800 total.

[Metroid]

rx 570 and rx 580 are now in stock where i live however their prices were updated, from $230 to $330, that is almost 50% increase. Only idiots will buy them.

[QuintLeo]

Actually two 1080Ti's will give you 1600 sols worth of ZEC which is pretty close in hash rate to the system you specced out except you can just throw those 2 Ti's in your current rig and mitigate all of the other costs (except maybe PSU) while having a machine that can run any game in the world at 4k 60fps.

Pretty sure id take that over the dedicated mining rig because I like to game.

I doubt you could get 1600 H/s out of two $700 1080 Ti's, which are usually the blower model cards for that price, without overheating the cards, especially in a case. Even so, the extra $230 spent on the accessories can be made up easy with the AMD cards by dual mining ETH, which is more profitable and you still have the hardware that can also be resold. If you want a system you could also game with then yes, the 1080 Ti's are a better choice, but not the most profitable choice.

 The Gigabyte 3-fan Windforce model is frequently available at $699 on Newegg, and there's usually 1 or 2 other NON-BLOWER models at that price point on sale.
 I don't pay attention to the Founder's Edition cards as the cooling on those is fairly poor and they clock a good bit lower.

 Blower models work BETTER in a case in most cases, since they're blowing lots of air OUT of the case instead of just recirculating it.


 On the other hand, 2 x GTX 1080ti is overkill for pretty much all gaming - *1* can handle about anything out there at 60dps on a 4k display.

[QuintLeo]

$1400 6 RX 570 4GB cards
$300 1200W EVGA P2 PSU
$80 ASRock or Biostar 6 PCI-e mining motherboard
$55 Pentium CPU
$35 4GB RAM
$20 32GB USB Flash Drive
$45 6 powered risers
= >$2000

That rig will easily give you 168 MH/s on ETH with 4300 MH/s on DCR dual mining or 1800+ H/s on ZEC and a faster ROI for more profit. For the same $1400 spent on cards, you can only buy two 1080 Ti, which won't come close to the six RX 570 4GB cards in mining performance.

 For around $2400 (probably a bit less), you can build a NON-RISER 3x 1080ti rig - use one of the Zotac shortie cards in the 3'd slot to let the middle slot card cool, and a pair of Gigabyte Windforce full-size cards for the other 2 slots.

 Ballpark 2200-2300 hash/s on ZEC and don't have to count on FINDING cheap RX-series cards that are commonly "LIMIT 1 per 48 hours" when you can find them in stock AT ALL for under $300.

 Expecting to find RX-series cards at $233 each is a pipe dream anyway at this time.

[iamnewhere]

That rig will easily give you 168 MH/s on ETH

For how many days you have the 168 MH/s on ETH and by when you have 100 MH/s left? In few weeks?

[abdulmad]

Is it still worthwhile investing in gpu rigs?, I'm more of the notion you have more to gain at buying either Btc or Ether and trading.

[Metroid]

Is it still worthwhile investing in gpu rigs?, I'm more of the notion you have more to gain at buying either Btc or Ether and trading.

only if you could find rx 570 for $150 or so. Yes is better to buy eth for now. I think eth will reach 0.02 btc soon.

[savs]

Is it still worthwhile investing in gpu rigs?, I'm more of the notion you have more to gain at buying either Btc or Ether and trading.

only if you could find rx 570 for $150 or so. Yes is better to buy eth for now. I think eth will reach 0.02 btc soon.

eth past 0.02 btc long time ago...

[iamnewhere]

Is it still worthwhile investing in gpu rigs?, I'm more of the notion you have more to gain at buying either Btc or Ether and trading.

only if you could find rx 570 for $150 or so. Yes is better to buy eth for now. I think eth will reach 0.02 btc soon.

eth past 0.02 btc long time ago...

i guess he mean 0.2 btc

[Metroid]

i guess he mean 0.2 btc

yes.

[shaninium]

Eth making its come back 

[Vann]

That rig will easily give you 168 MH/s on ETH

For how many days you have the 168 MH/s on ETH and by when you have 100 MH/s left? In few weeks?

Spoken like a true clueless Nvidia fan boy that's bad at math! You don't understand the epoch problem. I think you need to watch this video to understand what is going on with the RX 4XX/5XX epcoh hash drop.

https://www.youtube.com/watch?v=SQE9WdhupAg

Bottom line is the ETH epoch will be in the 160's by the end of the year and probably less if the block times keep increasing. By then if nothing is done to resolve the issue, the Claymore benchmarks show about a 25% hash drop by epoch 160, which in my own tests, I found the Claymore benchmarks to be overstating the actual hash drop from epoch changes.

The bigger and more relevant issue is at the latest ETH dev meeting last Friday, it was stated they have no plans to address the the increase in block times and difficulty due to the ongoing programmed ICE AGE before the Metropolis POW/POS hybrid release due by November this year. This means at the current price, ETH will no longer be profitable to mine for most people by the end of August once the difficulty retargets as programmed.

https://www.youtube.com/watch?v=hRQg_lHEKl4&t=2520s

The ICE AGE affects ALL ETH miners, ESPECIALLY Nvidia ETH miners, since they are ALREADY much less efficient at mining ETH compared to the AMD cards that cost less than half. I get watching smart people that didn't over pay for their GPU's making more money than those that spent the same amount and are making less must suck!

[iamnewhere]

That rig will easily give you 168 MH/s on ETH

For how many days you have the 168 MH/s on ETH and by when you have 100 MH/s left? In few weeks?

Spoken like a true clueless Nvidia fan boy that's bad at math!

Your great math skills we know already (you finished ground school with them?) - just stay in your AMD bubble and wait till even the hardware is worth nothing anymore

[philipma1957]

$1400 6 RX 570 4GB cards
$300 1200W EVGA P2 PSU
$80 ASRock or Biostar 6 PCI-e mining motherboard
$55 Pentium CPU
$35 4GB RAM
$20 32GB USB Flash Drive
$45 6 powered risers
= >$2000

That rig will easily give you 168 MH/s on ETH with 4300 MH/s on DCR dual mining or 1800+ H/s on ZEC and a faster ROI for more profit. For the same $1400 spent on cards, you can only buy two 1080 Ti, which won't come close to the six RX 570 4GB cards in mining performance.

 For around $2400 (probably a bit less), you can build a NON-RISER 3x 1080ti rig - use one of the Zotac shortie cards in the 3'd slot to let the middle slot card cool, and a pair of Gigabyte Windforce full-size cards for the other 2 slots.

 Ballpark 2200-2300 hash/s on ZEC and don't have to count on FINDING cheap RX-series cards that are commonly "LIMIT 1 per 48 hours" when you can find them in stock AT ALL for under $300.

 Expecting to find RX-series cards at $233 each is a pipe dream anyway at this time.

I can order

3 x 1080 ti's for               2070 
1 x z270 mobo for             100
1 x 850 watt psu for          130
1 x 8gb stick of ram for       60
1 x cpu g4400      for           55
1 x usb 64gb usb stick for    20
1 x riser for  about              15

total  of about 2500

put it on paypal  six months to pay

have the gear by friday

mine  about 2200 sols for zec  earn  12 a day
spend 600 watts  or 1.50 a day for power  at 10 cents    this is 10.50  profit per day

no money out of pocket  and don't have to pay for 180 days.

this is not a burst bubble.  it is a deflating  ballon.

[Xenoblate]

$1400 6 RX 570 4GB cards
$300 1200W EVGA P2 PSU
$80 ASRock or Biostar 6 PCI-e mining motherboard
$55 Pentium CPU
$35 4GB RAM
$20 32GB USB Flash Drive
$45 6 powered risers
= >$2000

That rig will easily give you 168 MH/s on ETH with 4300 MH/s on DCR dual mining or 1800+ H/s on ZEC and a faster ROI for more profit. For the same $1400 spent on cards, you can only buy two 1080 Ti, which won't come close to the six RX 570 4GB cards in mining performance.

 For around $2400 (probably a bit less), you can build a NON-RISER 3x 1080ti rig - use one of the Zotac shortie cards in the 3'd slot to let the middle slot card cool, and a pair of Gigabyte Windforce full-size cards for the other 2 slots.

 Ballpark 2200-2300 hash/s on ZEC and don't have to count on FINDING cheap RX-series cards that are commonly "LIMIT 1 per 48 hours" when you can find them in stock AT ALL for under $300.

 Expecting to find RX-series cards at $233 each is a pipe dream anyway at this time.

I can order

3 x 1080 ti's for               2070 
1 x z270 mobo for             100
1 x 850 watt psu for          130
1 x 8gb stick of ram for       60
1 x cpu g4400      for           55
1 x usb 64gb usb stick for    20
1 x riser for  about              15

total  of about 2500

put it on paypal  six months to pay

have the gear by friday

mine  about 2200 sols for zec  earn  12 a day
spend 600 watts  or 1.50 a day for power  at 10 cents    this is 10.50  profit per day

no money out of pocket  and don't have to pay for 180 days.

this is not a burst bubble.  it is a deflating  ballon.

I agree with that. But in my country, we have to pay first for the goods.

[pdpanzer]

rx 570 and rx 580 are now in stock where i live however their prices were updated, from $230 to $330, that is almost 50% increase. Only idiots will buy them.

... Only idiots [where you live] will buy them.

[philipma1957]

$1400 6 RX 570 4GB cards
$300 1200W EVGA P2 PSU
$80 ASRock or Biostar 6 PCI-e mining motherboard
$55 Pentium CPU
$35 4GB RAM
$20 32GB USB Flash Drive
$45 6 powered risers
= >$2000

That rig will easily give you 168 MH/s on ETH with 4300 MH/s on DCR dual mining or 1800+ H/s on ZEC and a faster ROI for more profit. For the same $1400 spent on cards, you can only buy two 1080 Ti, which won't come close to the six RX 570 4GB cards in mining performance.

 For around $2400 (probably a bit less), you can build a NON-RISER 3x 1080ti rig - use one of the Zotac shortie cards in the 3'd slot to let the middle slot card cool, and a pair of Gigabyte Windforce full-size cards for the other 2 slots.

 Ballpark 2200-2300 hash/s on ZEC and don't have to count on FINDING cheap RX-series cards that are commonly "LIMIT 1 per 48 hours" when you can find them in stock AT ALL for under $300.

 Expecting to find RX-series cards at $233 each is a pipe dream anyway at this time.

I can order

3 x 1080 ti's for               2070 
1 x z270 mobo for             100
1 x 850 watt psu for          130
1 x 8gb stick of ram for       60
1 x cpu g4400      for           55
1 x usb 64gb usb stick for    20
1 x riser for  about              15

total  of about 2500

put it on paypal  six months to pay

have the gear by friday

mine  about 2200 sols for zec  earn  12 a day
spend 600 watts  or 1.50 a day for power  at 10 cents    this is 10.50  profit per day

no money out of pocket  and don't have to pay for 180 days.

this is not a burst bubble.  it is a deflating  ballon.

I agree with that. But in my country, we have to pay first for the goods.

Yeah one good thing about USA is price for pc gear.  Lots of not so good things but a few good things.

[Vann]

That rig will easily give you 168 MH/s on ETH

For how many days you have the 168 MH/s on ETH and by when you have 100 MH/s left? In few weeks?

Spoken like a true clueless Nvidia fan boy that's bad at math!

Your great math skills we know already (you finished ground school with them?) - just stay in your AMD bubble and wait till even the hardware is worth nothing anymore

I just showed your statement about the AMD hash drop was factually wrong, just like the rest of the nonsense you keep running your mouth on like an idiot, without even knowing the basic facts about what you are talking about!

[iamnewhere]

I just showed your statement about the AMD hash drop was factually wrong, just like the rest of the nonsense you keep running your mouth on like an idiot, without even knowing the basic facts about what you are talking about!

you showed that you are ignoring the AMD hash drop which is simple and proved a fact - but keep on proving your lack of knowledge

here are some values which might made it understandable even for you (the drop is in % the same for all RX4xx and RX5xx bzw.)

RX 470 4GB :
DAG 120 : 27.4 (past)
DAG 130 : 27.2 (will hit on 20/06/2017)
DAG 140 : 25.3 (will hit on 31/07/2017)
DAG 150 : 22.2 (will hit on 11/09/2017)
DAG 160 : 19.5 (will hit on 22/10/2017)

even the cheap 1060 will outperform any RX4xx / RX5xx soon.

[Vann]

I just showed your statement about the AMD hash drop was factually wrong, just like the rest of the nonsense you keep running your mouth on like an idiot, without even knowing the basic facts about what you are talking about!

you showed that you are ignoring the AMD hash drop which is simple and proved a fact

here are some values which might made it understandable even for you (the drop is in % the same for all RX4xx and RX5xx bzw.)

RX 470 4GB :
DAG 120 : 27.4 (past)
DAG 130 : 27.2 (will hit on 20/06/2017)
DAG 140 : 25.3 (will hit on 31/07/2017)
DAG 150 : 22.2 (will hit on 11/09/2017)
DAG 160 : 19.5 (will hit on 22/10/2017)

even the cheap 1060 will outperform any RX4xx / RX5xx soon.

You've made it clear you have no clue what you are talking about. If you actually run the benchmarks you will find the hash drop by the is overstated compared to the actual drop in hash rate from the epoch change, just as I already said. If you knew anything about ETH mining instead of rambling like an idiot, you would know that an epoch is every 30000 blocks, which means it DEPENDS ON THE BLOCK TIME. Which also means that people that know about ETH mining, as explained at the last ETH developer meeting, know the block times are getting longer due to the ICE AGE and will be 22 seconds at the end of July, 27 seconds by the end of August and 35 seconds by the end of September.

https://www.youtube.com/watch?v=hRQg_lHEKl4&feature=youtu.be&t=2956

Which means the epoch's are taking PROGRESSIVELY LONGER. Going back to that simple math again, which I know is challenging for Nvidia card owners, going by an average of 30 second block times to make the math simple, means:

30000 blocks x 30 sec = 900000 seconds = 10.42 days/epoch
Days left in the year = 165 days = average of 16 epoch's left in the year

The current epoch is 134, which means we won't even hit epoch 150 by the end off the year. Just like I also said the ICE AGE difficulty is the BIGGER and more RELEVANT issue and that affects ALL ETH miners and ESPECIALLY Nvidia ETH miners.