Is your local Craigslist / Kijiji flooded with GPUs ?

[swogerino]

I found mining rig with 6x gtx 1060 3gb for 1000$.
But even at that price, by current profitability it would take me 2 year for ROI.

Probably a little bit less than 2 years if you try to mine Musicoin, ETP or any other coin still mineable with that card. As for the Equihash Zcash algorithm let me tell you my stats, 6 such cards are making me a miserable 0.38-0.40 mBTC daily and the energy cost is higher than the profit for the whole rig unfortunately.

Even at 1000 dollars is not worth it for a mining rig.

[revenant2017]

In my countryside, Most of the techgroup buy and sell is flooded by GTX 10 series. The funny thing is, almost no one is buying it. Even i myself find it hard to sell my darn 1070's that has been up for almost 2 months now. There's a massive competition now in Selling 2nd hand GPU's in the market.

[Elder III]

The resale value of GTX 10 series video cards has plummeted in the last week or two, but I think that's due to the impending release of the next series from NVIDIA (probably will be announced at the end of the month, whether a paper launch or a real physical launch remains to be seen).

[revenant2017]

The resale value of GTX 10 series video cards has plummeted in the last week or two, but I think that's due to the impending release of the next series from NVIDIA (probably will be announced at the end of the month, whether a paper launch or a real physical launch remains to be seen).

There are only rumors about the upcoming 2 different variants in the market. Nvidia Ampere and Turing. Allan Turing is a cryptanalyst so it would be easy to speculate that they are going to create two different cards in two different markets. Overtime, the 2nd hand GTX 10 series will flood in the market and for sure, like cryptocurrency, will be extreme volatile in price. I'm projecting the value of 1070's to fall below $250 given the current situation in the buy/sell community.

[fr4nkthetank]

The resale value of GTX 10 series video cards has plummeted in the last week or two, but I think that's due to the impending release of the next series from NVIDIA (probably will be announced at the end of the month, whether a paper launch or a real physical launch remains to be seen).

There are only rumors about the upcoming 2 different variants in the market. Nvidia Ampere and Turing. Allan Turing is a cryptanalyst so it would be easy to speculate that they are going to create two different cards in two different markets. Overtime, the 2nd hand GTX 10 series will flood in the market and for sure, like cryptocurrency, will be extreme volatile in price. I'm projecting the value of 1070's to fall below $250 given the current situation in the buy/sell community.

True, true.  Launch price of the 11 series may be higher than people think to keep those 10 series from dropping too low.

[adaseb]

Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD

[fr4nkthetank]

Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD

damn Ill take some 470s then   Dont care about the rest much.  Pay the lowest amount in gear, in power, you most likely wont lose.  Around me they still go higher than that though, 225 maybbeeee (cad).  1080 : 400$ cad roughly from what i can tell.  so 300usd

[deskless]

Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD

470/4GB wont give more than 25 for Eth

[dhmctrader]

Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD

470/4GB wont give more than 25 for Eth

As a blanket statement that is not true... GPU6 is a MSI 470 /4GB

https://imgur.com/a/AG0NTDd

[adaseb]

The RX 470/570 GPUs are still going down in price on eBay you can get some for $80-90USD excl shipping right now.

It's pretty bad considering the older R9 280X are going for only $20 less.

If you think ETH might go up in the future, it's a great time to stock up on these GPUs. Some still have warranty even and I don't think they will depreciate any further than now.