Is your local Craigslist / Kijiji flooded with GPUs ?

[adaseb]

In my areas there are basically 2 types of ads.


SELLING RX 470 4GB GPU FOR $500 FIRM

or

BUYING RX 470 4GB GPU FOR $100 CASH

[philipma1957]

In my areas there are basically 2 types of ads.


SELLING RX 470 4GB GPU FOR $500 FIRM

or

BUYING RX 470 4GB GPU FOR $100 CASH

and reality is  275 - 325  is a decent price

100 is moron low

and 500 is moron high



This is why when I have excess gpus and prices are high  I mark up for  a small profit.

I have no need to sell until May (heat and power cost both go up)
So I can mine  for about 100 days  before there is an issue.
Or a person that sees the math the way I see can buy from me now and mine  until cards come back out.

Cards will be short until the spring.

[FloridaCoin]

Here in NE Florida there were 3 cards listed this morning. Nothing worth checking out.

[Bitsaurus]

In my areas there are basically 2 types of ads.


SELLING RX 470 4GB GPU FOR $500 FIRM

or

BUYING RX 470 4GB GPU FOR $100 CASH

Sound like California. I can see a buying ad where he is offering $300 for 1080Ti, $225 for 1080, $175 for 1070.  Considering how the people vote around here I'm sure he was able to acquire some cards at those prices. He might also be laying in a ditch somewhere lol.

[QuintLeo]

No local ads at all, only one in the "area" - guy selling a pair of 1070s that he says got upgraded to 1080 ti cards in "family systems".

Been pretty empty all along though, but this area tends to eat all the cards it can find for some odd reason...
 9-)

[adaseb]

Seems like the appropriate time to bump this thread.

In my area it's flooded with GPUs mostly the expensive Vega and 1080 and it seems priced at MSRP. By MSRP I mean the same as the retail stores are charging so 50% more than original MSRP.

Not too many RX cards however.

[Helios45]

I just checked my local Kijiji and I see many overpriced 1070's and 1070 Ti's , some decently priced 570 and 580 8GB and a dude who just listed three mining rigs for sale for a very attractive price

[Ultegra134]

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.

There are a lot of 1070/1080's popping up every day, along with AMD Rx480/5xx. Most sell at about 20% off retail price, probably miners who are slowing shutting down their rigs and putting them up for sale, due to loss of profit the last few months. Many have given up and drove GPU prices down, at least for used ones.

[Pennywis3]

Very soon i will start buying RX 5x0 cards at 200-250$ again
Time to build rigs will soon be upon us.

Buy when people are panicking, profits will eventually go up again with BTC price.

[Bulitt]

"GPU MINING RIG FOR SALE"

4 RX 470's and a regular motherboard - $7000 firm.

[QuintLeo]

The last month has seen quite a few GPU posting showing up - but pretty much ALL of them at gouge pricing, with 1 posting for a bunch of USED cards apparently from a "johnnie come lately" type getting out of mining.

Several rig postings all along - at crazy high way inflated pricing.

[alani123]

Funnily enough, my local parts market was flooded with GPUs even during the crypto boom. It's quite ridiculous, GPUs were being snapped up by the few that knew about crypto while gamers were looking to buy the newer generation and upgrade. The prevalence of crypto is not that great in Greece yet.

[bigjee]

Still delusional pricing on kijiji in my city.
Here are some examples (in CAD$). 1 CAD = 0.76 USD today

5 1070ti rig - $9000
7 1070ti rig - $14000 (same seller, as above  )
8 rx580 rig - $6000
2 1080ti rig - $3000
5 1070 rig - $5,500
6 1080ti, 2 1070 rig - $13,000  
8 1080 rig - $9,000
6 rx 580 rig - $4900
5 rx 580, 3 rx 570 rig - $5,500
6 rx 570 rig -$5,000

oh theres a 1070 listed for 1200, vega 56 for $1300 and 580 for $690 too
lots of 1080tis spamming now too around the same price as new card.
I can tell these weak hands didnt roi and joined in when it was too late.

[adaseb]

Still delusional pricing on kijiji in my city.
Here are some examples (in CAD$). 1 CAD = 0.76 USD today

5 1070ti rig - $9000
7 1070ti rig - $14000 (same seller, as above  )
8 rx580 rig - $6000
2 1080ti rig - $3000
5 1070 rig - $5,500
6 1080ti, 2 1070 rig - $13,000  
8 1080 rig - $9,000
6 rx 580 rig - $4900
5 rx 580, 3 rx 570 rig - $5,500
6 rx 570 rig -$5,000

oh theres a 1070 listed for 1200, vega 56 for $1300 and 580 for $690 too
lots of 1080tis spamming now too around the same price as new card.
I can tell these weak hands didnt roi and joined in when it was too late.

I noticed this trend also. Seems like it's an even bigger rip off selling complete rigs.

Basically $10000 total but contains $5000 GPUs and the other is $5000 of "labor" used to assemble the rig.

[gotminer]

My local craigslist isn't too much different than it has been over the past couple of months.  Same dude trying to sell a 1070ti for $800.  There are a couple of 1080ti's that are priced within reason at the moment.  I may throw up my Vega 56 rig and see what I can get.  Currently there is a 5gpu Vega 64 rig on there for $6500.  That's pretty laughable to me.  I'm certainly going to be looking to sell my 1070ti's in the near future, but I'd rather not sell the entire rigs, and I'd prefer to do it on craigslist, so I can avoid giving eBay and Paypal 10% or whatever it is now.

[whoismoses]

I really do expect craigslist to get flooded with some GPUs as small time startups realize that they can't deal with the heat these things generate in the summer.

[gotminer]

I really do expect craigslist to get flooded with some GPUs as small time startups realize that they can't deal with the heat these things generate in the summer.

I don't unless they just give up, because they don't know how to handle the heat.

[Tidsdilatation]

My local market is not flooded. Im selling of everything i have right now and i get more for it used now then i bought for it. It feels like im scamming ppl but its an auction site... who wants to pay 500 dollar for a 1070 that has been used for 1 year.. its insane.

[gotminer]

Yeah it's crazy.  I think that's about what I'm going to ask for 1070ti's that are only a few months old.

[ManicMiner23]

The real problem of a 10 month roi is that no one knows what will happen with the prices of btc, eth, xmr or any other coin, maybe in 3 months the prices start to rally again and the roi goes from 10 month to 3 months, or maybe the market continues to selloff cryptocoins and the roi goes to no roi because our rigs does not produce any profit.

So when calculating roi seems people is thinking the current prices are going to be stable, and I think this won`t happen, so is not possible to know the real roi of an investment in a gpu mining rig.