Is your local Craigslist / Kijiji flooded with GPUs ?

[adaseb]

This week in my area the Craiglist is flooded with nothing but RX 470/480/570/580 and GTX 1060/1070/1080 GPUs for sale.

Unlike last month, these GPUs are being offered at retail MSRP price at least.

There are probably a dozen or so sellers and they keep deleting the ad and reposting it every 2-3 hours or so to get back on the top.

Most of the ads provide fake info like, daily profits of June and not the current realistic profits. Don't think that's right to trick people.

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[BitBustah]

Same on local websites in Belgium:
Increase in GPUs, increase in mining rigs... and yeah, the rigs all have "old" information on ROI/earnings.

[Za1n]

Not too many listings where I live yet.

Unlike last month, these GPUs are being offered at retail MSRP price at least.

Well that's a start I guess. I wouldn't get too excited until I see a bunch of listings for at least 50% off of (normal) retail pricing, which they should be anyway considering most if it is going to be heavily abused mining gear.

[Tmdz]

Not much out here, maybe my town missed the mining gold rush.

The ones that are listed are priced at $400, pff get real people.

[ltcsprite]

not a single card on craigslist here.

[xxcsu]

There is some rx 480 / 580 card on craigslist , ebay , amazon ... but the price is still double or triple of the Manufacturer's Suggested Retail Price

[Bitsaurus]

I'm sure the pent up demand by gamers and those buying for school starting in August/Sept will be picking up some of those unwanted cards.

Once that backlog clears then you can expect to see cards for sale, especially in high electricity rate areas.

[cashen]

None here.

I'd buy every 1080 / 1080 TI there was...

[p33k]

One card on my local craigslist...

[Metroid]

Now that mining profitability is low, now is a good time to buy eth.

[daggny_taggart]

This week in my area the Craiglist is flooded with nothing but RX 470/480/570/580 and GTX 1060/1070/1080 GPUs for sale.

Unlike last month, these GPUs are being offered at retail MSRP price at least.

There are probably a dozen or so sellers and they keep deleting the ad and reposting it every 2-3 hours or so to get back on the top.

Most of the ads provide fake info like, daily profits of June and not the current realistic profits. Don't think that's right to trick people.

I scan daily for such things and have not seen it, may be just your area

[Emoclaw]

No Craigslist where I live, but there are definitely many ads from people selling GPUs in many hardware-related boards.
The prices are also almost always twice as much as the MSRP.

[MATHReX]

Well, no Craiglist here too, but still not enough ads of GPUs in second-hand sale websites. I guess with coming time, we're bound to see a lot of GPU ads and well people with serious outlook in mining will still pick it up at a much lesser price.

[saucedaddy]

here people on craigslist still want 400+, ive got two rigs running i really think its best just keep it running it really just depends on where you think things will be in the future

[Metroid]

Profitability at 29 mh/s eth is now at $0.80 per card, per day, for most countries, I wonder if the profitability will crash to negative this time hehe, soon eth will have a 30 seconds block time, that will probably take profitability to $0.10 per card, per day, soon the greatest GPU depression will start hehe

[Vann]

Profitability at 29 mh/s eth is now at $0.80 per card, per day, for most countries, I wonder if the profitability will crash to negative this time hehe, soon eth will have a 30 seconds block time, that will probably take profitability to $0.10 per card, per day, soon the greatest GPU depression will start hehe

That's still a ROI of 10 months for cards bought at $250, which is about what can normally be expected. Profitability going forward for the next couple of months is going to depend on if the market can recover from the BTC BIP 148 fork controversy. The latest ETH dev meeting on Friday confirmed they have no plans to address the the increase in block times and difficulty due to the programmed ICE AGE before the Metropolis release later this year and are also planning to REDUCE the block rewards before then as well. This means at the current price, ETH will no longer be profitable to mine for most people by the end of August.

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

[BitBustah]

I was hoping to see cheap GPUs popup, but they are all still expensive.

Makes me sick that a lot of sellers are still promoting these GPUs as very profitable atm. I'm doing max 3 euro per day with my 1080 Ti! 

[Marvell1]

I was hoping to see cheap GPUs popup, but they are all still expensive.

Makes me sick that a lot of sellers are still promoting these GPUs as very profitable atm. I'm doing max 3 euro per day with my 1080 Ti! 

lol i raised the price on mygpus on ebay i had 10 rx 480 8gb for 390 , had a buyer lined up said
fuck it cancelled the deal raised my price to 430 plus shipping, with ebay fees you have to sell at 20 percent
over to get your real price

[Dlugina23]

You man have many staff but you want to sell this?

[Metroid]

That's still a ROI of 10 months for cards bought at $250

Your calculation is based on gpu only, system is expensive, you need to put the system cost too, motherboard around $150, psu around $200, ssd around $80, cpu around $40, memory 8GB around $80, total system cost without gpu around $550 and that is average price of a system, most countries you pay 50% more on the $550 value. Which means $800 without any gpu, now you place 5 gpus which is also standard per motherboard, your roi is not 5 gpus, is 8 gpus cause of the system cost, $800 is 3 gpus based on your $250. So total to roi is $2000 plus electricity is around $0.20, now let's see,  profit per day is $3.40, $2000 divided per $3.40 = 590 days to roi, that is almost 2 years.