Many AMD GPU's available. Are you still buying?

[leowonderful]

I've stopped mining completely and switched over to purely holding like i used to. Profitability has dropped all over the board and except for the big three (BTC, Scrypt and X11) there's not a whole lot left to mine nowadays. If price resurges on alts and a new generation of GPUs comes out that is better at mining than the current generation of miners that'd help draw miners back.

[sevenmiles]

Yes, reasonable price for now - since eht mining is not profitable as before

XFX GTS XXX Edition RX 580 8GB OC+ 1386Mhz DDR5 3xDP HDMI DVI Graphic Cards RX-580P8DFD6
$ 289.99

Sapphire 11265-01-20G Radeon NITRO+ RX 580 8GB GDDR5 DUAL HDMI / DVI-D / DUAL DP with backplate (UEFI) PCI-E Graphics Card
$ 289.99

MSI VGA Graphic Cards RX 580 GAMING X 8G
$ 299.99

[Metroid]

Yes, reasonable price for now - since eht mining is not profitable as before

XFX GTS XXX Edition RX 580 8GB OC+ 1386Mhz DDR5 3xDP HDMI DVI Graphic Cards RX-580P8DFD6
$ 289.99

Sapphire 11265-01-20G Radeon NITRO+ RX 580 8GB GDDR5 DUAL HDMI / DVI-D / DUAL DP with backplate (UEFI) PCI-E Graphics Card
$ 289.99

MSI VGA Graphic Cards RX 580 GAMING X 8G
$ 299.99

I'm a lot more for a gtx 1070, rx 580 price should be most at 200 usd, then i would say a rx 580 is a better buy.

[Pendrak]

I'm a lot more for a gtx 1070, rx 580 price should be most at 200 usd, then i would say a rx 580 is a better buy.

But the 1070 cost $450+ (the good ones).

Not sure why get the 1070.

I understand that lot of people get Nvidia cards because was hard get a RX 580 months ago, but right now their prices are going down, is a good moment to get RX cards, they can get you 30-31 MH/s on eth very easy.

[QuintLeo]

what you are failing to factor in is the 580s are beasts at dual mining , if you have adequate cooling a good 580 can do 30mhs eth and 95 lbr for 150 watt

that 95 lbry is basically nearly 3 times what i can get out of a 1070

 A GTX 1070 should be good for more than 300 MHash on lbry - if you're seeing only 30 you're running some really badly outdated software, or have something configured WAY wrong.

 Sure you're not confusing ETH hashrate on a 1070 (which IS in the 30 Mhash ballpark) with lbry hashrate?


 On the other hand, ETH isn't a good choice for the 1070 any more, since RX 470/480/570/580 pricing dropped back under the $400 range.
 The reason to get a 1070 is for OTHER algorithms like the one used by ZEC/ZEN/ZCL/BTG, where it IS comparable to superior on hash/$ to the RX series cards, or lyra2r2 where it blows away AMD on hash/$ - among many other options.

 Keep in mind that ETH is not the end-all or be-all for GPU mining - it's the biggest SINGLE GPU-mineable coin right now, but not the ONLY profitable one by a long shot and often not the most profitable on a income/cost of rig basis.

[Phantoms001]

The only thing we're buying is "open box" cards at microcenter.  These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie.  we bought a 480 for 157.00 last week).  Other than that, I'm still waiting for prices to drop.   

[Metroid]

The only thing we're buying is "open box" cards at microcenter.  These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie.  we bought a 480 for 157.00 last week).  Other than that, I'm still waiting for prices to drop.   

You guys are doing it right. While you are usually paying that, noobs are paying 300 usd plus hehe

[davemanet]

The only thing we're buying is "open box" cards at microcenter.  These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie.  we bought a 480 for 157.00 last week).  Other than that, I'm still waiting for prices to drop.   

Is it still one per customer?

[EthereumBoy]

I dont recomend building rigs. You lose money because bitcoin is in the tiping point and soon start fast low. Bitcoin is big scam and I dont recomend to mine, buy or own it. If you want play risky buy atleast ethereums.

[suprnurd]

The only thing we're buying is "open box" cards at microcenter.  These are cards that are returned as working from the manufacture, come with the full warranty, and are dirt cheap (ie.  we bought a 480 for 157.00 last week).  Other than that, I'm still waiting for prices to drop.   

You guys are doing it right. While you are usually paying that, noobs are paying 300 usd plus hehe

I would have to agree with this - I think as long as you get the full warranty you are in good shape.

[gtsmmst]

These all calculations do not take into account the coin price.

What if ETH is $600 in 6 month? What if XMR is $150 and ZenCash is $150 in 6 month?

Its better to mine coins that will probably go up in value. Of course the difficulty grows but if the price of the coin grows to - you are good.

So, today mining for a month you are getting 2.5eth for $750, and in 6 months you will get 1.5-1.7 eth, but that might be over $1000 already. And if you pick a correct coin now, the return might be a lot higher.

Im planning to start on mining Zcoin and ZenCash, with today prices its very little profit but once the price of the coin sky rockets...

[Oakey22]

The problem with mining and holding is when the price goes down. You end up losing money.

[mbdmbn]

These all calculations do not take into account the coin price.

What if ETH is $600 in 6 month? What if XMR is $150 and ZenCash is $150 in 6 month?

Its better to mine coins that will probably go up in value. Of course the difficulty grows but if the price of the coin grows to - you are good.

So, today mining for a month you are getting 2.5eth for $750, and in 6 months you will get 1.5-1.7 eth, but that might be over $1000 already. And if you pick a correct coin now, the return might be a lot higher.

Im planning to start on mining Zcoin and ZenCash, with today prices its very little profit but once the price of the coin sky rockets...

Why don't you just mine the most profitable coin at the moment and buy Zcoin and Zencash with your profits?

You're kicking yourself in the foot otherwise.

[Undefined31415]

I would not recommend, at least to anyone with non-negligible electricity costs, to build up a rig from scratch at this time.
However, someone with free electricity or electricity costs independent of usage, it may still be worthwhile, but it would be still be a fair gamble based on mining difficulty and exchange rate shifts.

[leonix007]

I dont recomend building rigs. You lose money because bitcoin is in the tiping point and soon start fast low.

For now building and purchasing new hardware is not cool, and its not due to btc tiping point, we are not mining btc directly anyways.

Bitcoin is big scam and I dont recomend to mine, buy or own it. If you want play risky buy atleast ethereums.

Funny, I just gain money in buying btc rather than buying ETh.