GPU Card prices

[robl450]

Is GPU mining coming to an end?  The card prices are now absolutely insane which typically spells the end of something.   I had a line on a used GTX 1070 and it sold higher than asking price and the price it sold for was still reasonable compared to most.  people are trying to sell 1060 cards for 380 dollars a piece for the 3gb version when they were 200 brand new 2 weeks ago.

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[leowonderful]

High card prices only signal high demand and has no other impact on mining. People are still grabbing cards through bots, etc. There's nothing I can see right now that would indicate mining's coming to a close. 1060 3GBs can still be found around $220 occasionally.

[robl450]

High card prices only signal high demand and has no other impact on mining. People are still grabbing cards through bots, etc. There's nothing I can see right now that would indicate mining's coming to a close. 1060 3GBs can still be found around $220 occasionally.

235 is the cheapest I see now and they are sold out almost immediately and limited 1 per customer.  This isn't high demand, its euphoria and like with the stock market and tulips, it usually doesn't end well.   Its not even possible to get a decent ROI with card prices now. 

[Marvell2]

You must be new here lol , we see this cycle every six to eight months , prices on eth go up and
every tom dick and harry starts to buy up cards.  Eventually difficulty will skyrocket and prcies will stay flat
or go down then the frenzy stops.

Give it a month all two, when all these new cards hit the network difficulty will probably hit around 250k
then the 1200 eth price wont be as profitable, we will be back to normal profitablity from back in december

at that point fools who paid 600 to 800 per card will be looking at a normal 8 month roi again , they come to their sensess and cards go back in stock.

thats when you should be buying cards after the frenzy ends not during unless you are getting good prices

[jmigdlc99]

High card prices only signal high demand and has no other impact on mining. People are still grabbing cards through bots, etc. There's nothing I can see right now that would indicate mining's coming to a close. 1060 3GBs can still be found around $220 occasionally.

235 is the cheapest I see now and they are sold out almost immediately and limited 1 per customer.  This isn't high demand, its euphoria and like with the stock market and tulips, it usually doesn't end well.   Its not even possible to get a decent ROI with card prices now. 

Why are you limiting your imagination to tulips? Take things with a grain of salt and don't believe everything you read.
Cryptocurrencies are new and do not follow historical trends. No new innovation would have ever succeeded if people kept thinking "bubble."

Tulips did nothing but be useless. GPUs will always have value not just for crpytocurrency and has many other uses outside of mining. Mining will not easily die simply because transactions (that are actually useful to many people) depend on it.

[leowonderful]

High card prices only signal high demand and has no other impact on mining. People are still grabbing cards through bots, etc. There's nothing I can see right now that would indicate mining's coming to a close. 1060 3GBs can still be found around $220 occasionally.

235 is the cheapest I see now and they are sold out almost immediately and limited 1 per customer.  This isn't high demand, its euphoria and like with the stock market and tulips, it usually doesn't end well.   Its not even possible to get a decent ROI with card prices now.  

Prices eventually go down and mining profits sink down as well. Most smart miners won't pay that much for inflated GPU prices. I was previously considering purchasing a 1060/1070ti for mining but decided to hold off.

Most of this is directly fueled by the price of ETH hitting an ATH and mining becoming slightly more profitable across the board. A drop in price for a little bit and GPU prices will sink back down. I also feel like people forget that before ETH and other crypto pumped up GPU prices, 6+ month ROI was normal for most all miners. Whether or not that is reasonable now is your opinion.

[Marvell2]

High card prices only signal high demand and has no other impact on mining. People are still grabbing cards through bots, etc. There's nothing I can see right now that would indicate mining's coming to a close. 1060 3GBs can still be found around $220 occasionally.

235 is the cheapest I see now and they are sold out almost immediately and limited 1 per customer.  This isn't high demand, its euphoria and like with the stock market and tulips, it usually doesn't end well.   Its not even possible to get a decent ROI with card prices now.  

Prices eventually go down and mining profits sink down as well. Most smart miners won't pay that much for inflated GPU prices. I was previously considering purchasing a 1060/1070ti for mining but decided to hold off.

Most of this is directly fueled by the price of ETH hitting an ATH and mining becoming slightly more profitable across the board. A drop in price for a little bit and GPU prices will sink back down. I also feel like people forget that before ETH and other crypto pumped up GPU prices, 6+ month ROI was normal for most all miners. Whether or not that is reasonable now is your opinion.

yeah lol 6-8 month ROI was the norm , heck 1 year ROI somtimes during the downturns, if you dont over tax your cards they can last 5 years easy

personnaly i tend to push the shit out of my cards the first 2 waranty years to weed out the lemons , RMA those after warranty period is over then i go easy on them

[Lisander]

My cards are working from 2014 and alive and still profitable. So I will waiting for right price of new cards.

[robl450]

High card prices only signal high demand and has no other impact on mining. People are still grabbing cards through bots, etc. There's nothing I can see right now that would indicate mining's coming to a close. 1060 3GBs can still be found around $220 occasionally.

235 is the cheapest I see now and they are sold out almost immediately and limited 1 per customer.  This isn't high demand, its euphoria and like with the stock market and tulips, it usually doesn't end well.   Its not even possible to get a decent ROI with card prices now. 

Why are you limiting your imagination to tulips? Take things with a grain of salt and don't believe everything you read.
Cryptocurrencies are new and do not follow historical trends. No new innovation would have ever succeeded if people kept thinking "bubble."

Tulips did nothing but be useless. GPUs will always have value not just for crpytocurrency and has many other uses outside of mining. Mining will not easily die simply because transactions (that are actually useful to many people) depend on it.

Seriously, thats what people said in 2000 about the internet too and about 4 companies actually survived when the mania ended.

[CheatingCoins]

Prices are crazy all around the World. I must say I do know that I've overpaid for 1060s two weeks ago for at least 10-15% but this is crypto everything goes fast, you need to get your hands on some cards and start mining For smaller rigs smaller (reasonable) price increase won't be something much if you start mining sooner.

[Marvell2]

Amazon has a pre-order for 1070ti at near retaul $499 and $429 for the minis , i grabbed six

just now , delivery feb 2 , cool thing is they dont bill till it ships, if they cancel on me no harm no foul

https://www.amazon.com/gp/offer-listing/B076S4RT1J/?ie=UTF8&condition=all&tag=nismain-20&m=ATVPDKIKX0DER

this just came in stock on new egg too

https://www.newegg.com/Product/Product.aspx?Item=N82E16814133727&ignorebbr=1&nm_mc=AFC-C8Junction&cm_mmc=AFC-C8Junction-VigLink-_-na-_-na-_-na&cm_sp=&AID=10446076&PID=6163686&SID=jcb7uzh5ut011rh100053

just gota have links to those sites and refresh every few hours if you are in the market

no reason to be paying 700 to 800 for a 1070ti

now in regards to 580s and 570s good luck with that they dissapear stupid fast

[robl450]

You must be new here lol , we see this cycle every six to eight months , prices on eth go up and
every tom dick and harry starts to buy up cards.  Eventually difficulty will skyrocket and prcies will stay flat
or go down then the frenzy stops.

Give it a month all two, when all these new cards hit the network difficulty will probably hit around 250k
then the 1200 eth price wont be as profitable, we will be back to normal profitablity from back in december

at that point fools who paid 600 to 800 per card will be looking at a normal 8 month roi again , they come to their sensess and cards go back in stock.

thats when you should be buying cards after the frenzy ends not during unless you are getting good prices

Yes I'm waiting on cards now.  Not that its easy to find the other components either at the moment.    I scooped up a couple of 1060s cheap and maybe be able to get some more cheap, but the 1070 and 1080 are crazy now.

[robl450]

Amazon has a pre-order for 1070ti at near retaul $499 and $429 for the minis , i grabbed six

just now , delivery feb 2 , cool thing is they dont bill till it ships, if they cancel on me no harm no foul

https://www.amazon.com/gp/offer-listing/B076S4RT1J/?ie=UTF8&condition=all&tag=nismain-20&m=ATVPDKIKX0DER

this just came in stock on new egg too

https://www.newegg.com/Product/Product.aspx?Item=N82E16814133727&ignorebbr=1&nm_mc=AFC-C8Junction&cm_mmc=AFC-C8Junction-VigLink-_-na-_-na-_-na&cm_sp=&AID=10446076&PID=6163686&SID=jcb7uzh5ut011rh100053

just gota have links to those sites and refresh every few hours if you are in the market

no reason to be paying 700 to 800 for a 1070ti

now in regards to 580s and 570s good luck with that they dissapear stupid fast

How does the mini 1070TI compare to the 1080?  It looks like its similar?  The 1080 seems to hash most things twice as fast as the 1060, will the 1070TI mini be equivalent?  There's only so many rigs I can get away with being married so I'm trying to use faster cards if I can get them reasonably.

Edit: price went up already on the mini its 459 now.

[Marvell2]

Amazon has a pre-order for 1070ti at near retaul $499 and $429 for the minis , i grabbed six

just now , delivery feb 2 , cool thing is they dont bill till it ships, if they cancel on me no harm no foul

https://www.amazon.com/gp/offer-listing/B076S4RT1J/?ie=UTF8&condition=all&tag=nismain-20&m=ATVPDKIKX0DER

this just came in stock on new egg too

https://www.newegg.com/Product/Product.aspx?Item=N82E16814133727&ignorebbr=1&nm_mc=AFC-C8Junction&cm_mmc=AFC-C8Junction-VigLink-_-na-_-na-_-na&cm_sp=&AID=10446076&PID=6163686&SID=jcb7uzh5ut011rh100053

just gota have links to those sites and refresh every few hours if you are in the market

no reason to be paying 700 to 800 for a 1070ti

now in regards to 580s and 570s good luck with that they dissapear stupid fast

How does the mini 1070TI compare to the 1080?  It looks like its similar?  The 1080 seems to hash most things twice as fast as the 1060, will the 1070TI mini be equivalent?  There's only so many rigs I can get away with being married so I'm trying to use faster cards if I can get them reasonably.

Edit: price went up already on the mini its 459 now.

I like the 1070ti since its a souped up version of the 1070 which is good on eth and great on everything else, the 1080 is good but bad on eth

the 1070ti is 10% faster than the 1070 for the same power and maybe 10% slower than the 1080 i hear but more flexible uses less power