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Author Topic: At today's prices it would take 10 months to pay back 1 1080ti before you made $  (Read 1828 times)
QuintLeo
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January 24, 2018, 06:34:57 AM
 #41

You guys are all doing it wrong.

Instead of paying $1500 for a 1080ti to make $5/day

You should just get an 7970/280X from Craigslist for like $150 and make $2.5/day

In days like these all the legacy gpus like the Pitcairns and Tahiti's make the most sense.

 I can't remember the last time I saw a 280x or 79xx ANYTHING on Craigslist.
 Definitely months, but more likely a year possibly 2.

 Ditto R9 ANYTHING except for one listing for a WAY EXPENSIVE R9 290x at something like $600 a couple months back, and a listing for a pair of R9 290 (not x) around a year back in the $350 each range but I was never able to get in contact with THAT seller.





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pix530
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January 24, 2018, 07:07:00 AM
 #42

Its interesting. Profit drop down 25l%. Cost of cards raised 50%.

I got confirmation from manufacturer that Nvidia officially increased prices. Now they ask me to pay more for less...
Marvell2
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January 24, 2018, 07:15:49 AM
 #43

Its interesting. Profit drop down 25l%. Cost of cards raised 50%.

I got confirmation from manufacturer that Nvidia officially increased prices. Now they ask me to pay more for less...

had some newegg giftcards , grabbed tow new saphiire nitro

they are giving away freen 23 inch mointors with them now LOL

ill flip those on craiglist for $100 each

https://www.newegg.com/Product/Product.aspx?Item=N82E16814202282&ignorebbr=1

proteus7
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January 24, 2018, 07:21:30 AM
 #44

Huh..and here I have 3 R9 290 reference cards and a pair of RX280s rotting away in their little static bags. I replaced them with 1080TI long ago..are you saying they're still worth anything for mining?
I think last I remember the 290s were getting around 30mh eth, and 375sols zcash? but sucking up like 350w. Haven't looked at them recently though...I switched my rig from old AMD to new Nvidia. Any suggestions on what to mine on em?

You guys are all doing it wrong.

Instead of paying $1500 for a 1080ti to make $5/day

You should just get an 7970/280X from Craigslist for like $150 and make $2.5/day

In days like these all the legacy gpus like the Pitcairns and Tahiti's make the most sense.

 I can't remember the last time I saw a 280x or 79xx ANYTHING on Craigslist.
 Definitely months, but more likely a year possibly 2.

 Ditto R9 ANYTHING except for one listing for a WAY EXPENSIVE R9 290x at something like $600 a couple months back, and a listing for a pair of R9 290 (not x) around a year back in the $350 each range but I was never able to get in contact with THAT seller.





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January 24, 2018, 07:34:06 AM
 #45

Let them buy all gtx 1080ti for $1500 and RX 580 for $800, history has showed those are the first to buy fabricated coffins when the time comes and I applaud their stupidity more than anybody around here hehe

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adaseb
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January 24, 2018, 07:55:16 AM
 #46

You guys are all doing it wrong.

Instead of paying $1500 for a 1080ti to make $5/day

You should just get an 7970/280X from Craigslist for like $150 and make $2.5/day

In days like these all the legacy gpus like the Pitcairns and Tahiti's make the most sense.

 I can't remember the last time I saw a 280x or 79xx ANYTHING on Craigslist.
 Definitely months, but more likely a year possibly 2.

 Ditto R9 ANYTHING except for one listing for a WAY EXPENSIVE R9 290x at something like $600 a couple months back, and a listing for a pair of R9 290 (not x) around a year back in the $350 each range but I was never able to get in contact with THAT seller.







For some reason the 7970/280x are easier to find. I am assuming most newbies don't think its possible to mine anything with them.

Here is even an individual on Bitcointalk classifieds thats selling some

https://bitcointalk.org/index.php?topic=2663849.0

$130 for a 7950/ $160 for a 280x.

Seems fair and a much better deal than a $1500 GPU.

Found some on Craigslist and eBay also for a similar price.

The r9 270x are also easy to find.
The Demon Slick
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January 24, 2018, 08:18:17 AM
 #47

I got lucky, bought 2 8 gb 580 saphires before I even knew they were hard to get, amazon, 269ea. On the profit thing, I think it's been said, don't sell your mined coins right away, you'll maka a lot more. If you try to calculate based on coin worth at time of mining you're limited, if you're using nh same thing because payout is always btc. I mined 1k etn at .06, did I earn 60 usd? No, because now they're worth .12 ea, and I'm still holding them. That's 120. Pretty big difference.
Aeon_
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January 24, 2018, 11:19:13 AM
 #48

Just divide your mining week time in something like:
50% promising coin (ex. ZEN)
30% new coin with low diff.
20% nicehash/Zpool/mph (profit switching)

Have fun!
Shnikes101
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January 24, 2018, 02:33:12 PM
 #49

There's a reason some guys here are starting to thin out their farms and sell gpus

Was just looking at my local retailers website and while there is stock - the dang prices...


MagicSmoker
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January 24, 2018, 02:39:12 PM
 #50

There's a reason some guys here are starting to thin out their farms and sell gpus
...

Yep, I took notice of that too; if the veteran (or should I say, the hero/legendary) miners are selling their GPUs then maybe it isn't such a good time to be buying...

Dtrucksguitarfan
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January 24, 2018, 02:44:30 PM
 #51

There's a reason some guys here are starting to thin out their farms and sell gpus

Was just looking at my local retailers website and while there is stock - the dang prices...




I recognize that website Smiley

Check out the link on the product that says "see store for BYO discounts on this product"

Microcenter has held to MSRP on gpus for a while now.  You just had to be there when they put the gpu on the shelf for the week to get any, resulting in them constantly not having any stock.  I think this now pricing on the cards is akin to what newegg is doing now with the 'free monitor' when you buy this product.  Microcenter says 'see store manager for best price on this product'.  I think that a visit to your store could result in a price quite a bit under what is advertised.
krakenmining
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January 24, 2018, 02:50:08 PM
 #52

How can a miner get mining in 2018? Prices are just to high

Are you only looking at online stores? I drove 3 hours one way to get 8 1070tis from a microcenter, in the snow. Good prices are out there. You just can't sit there refreshing amazon & newegg hoping to see low prices.
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January 24, 2018, 02:51:10 PM
 #53

How can a miner get mining in 2018? Prices are just to high
I drove 3 hours one way to get 8 1070tis from a microcenter, in the snow.

Both Ways?  Grin
hous26
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January 24, 2018, 02:59:29 PM
 #54

I mined Solaris on my 6x 1060 rig for like a weekend and did really well at the time.  I was making about $15 a day after taking out electricity costs.  Now, 5 days of mining Solaris back then is more than enough to pay off the entire rig.  

I also mined 2 Ether in 45 days.  At the time it was only about $7-10 a day but today, the 45-days of work paid off my entire rig.

If I calculated how long it would take to pay off my rig at $7 per day it would come out to 300-days but since the prices increased and I hodled, the value of my investment increased.
krakenmining
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January 24, 2018, 03:24:24 PM
 #55

How can a miner get mining in 2018? Prices are just to high
I drove 3 hours one way to get 8 1070tis from a microcenter, in the snow.

Both Ways?  Grin

Some say I'm still driving.
NobodyIsHome
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January 24, 2018, 03:41:20 PM
 #56

How can a miner get mining in 2018? Prices are just to high
I drove 3 hours one way to get 8 1070tis from a microcenter, in the snow.

Both Ways?  Grin

Some say I'm still driving.

You should stop texting.
Metroid
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January 24, 2018, 03:47:20 PM
 #57



Oh noooo, you showed proof that a gtx 1080 ti is being sold for $1500, the idiots here will say that is a lie even if you showed proof, they will say here that they can get them for $650 a piece hehe, rx 580 is being sold for $800 and they will say they can get them for $200 hehe. Trolls are such varan creatures hehe

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hawkfish007
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January 24, 2018, 04:15:10 PM
 #58

You guys are all doing it wrong.

Instead of paying $1500 for a 1080ti to make $5/day

You should just get an 7970/280X from Craigslist for like $150 and make $2.5/day

In days like these all the legacy gpus like the Pitcairns and Tahiti's make the most sense.

 I can't remember the last time I saw a 280x or 79xx ANYTHING on Craigslist.
 Definitely months, but more likely a year possibly 2.

 Ditto R9 ANYTHING except for one listing for a WAY EXPENSIVE R9 290x at something like $600 a couple months back, and a listing for a pair of R9 290 (not x) around a year back in the $350 each range but I was never able to get in contact with THAT seller.







For some reason the 7970/280x are easier to find. I am assuming most newbies don't think its possible to mine anything with them.

Here is even an individual on Bitcointalk classifieds thats selling some

https://bitcointalk.org/index.php?topic=2663849.0

$130 for a 7950/ $160 for a 280x.

Seems fair and a much better deal than a $1500 GPU.

Found some on Craigslist and eBay also for a similar price.

The r9 270x are also easy to find.

How does the power usage and hash rate compare between 1080 ti and 270x/280x? Most people buying 1080 ti paying $.20/kWh or more and not everyone is lucky to be from rural settings where power cost mere $.05 or less. And most can assume those 270/280s were used for mining purposes, what is their expected lifespan without any support from sellers or manufacturers. I sold off my 290 and 390s in favor of Fury with modified ROM and 1080 Tis because of how efficient they are and I pay over $.20/kWh and mining is still profitable for me Smiley

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Shnikes101
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January 24, 2018, 04:50:25 PM
 #59

There's a reason some guys here are starting to thin out their farms and sell gpus

Was just looking at my local retailers website and while there is stock - the dang prices...


I recognize that website Smiley

Check out the link on the product that says "see store for BYO discounts on this product"

Microcenter has held to MSRP on gpus for a while now.  You just had to be there when they put the gpu on the shelf for the week to get any, resulting in them constantly not having any stock.  I think this now pricing on the cards is akin to what newegg is doing now with the 'free monitor' when you buy this product.  Microcenter says 'see store manager for best price on this product'.  I think that a visit to your store could result in a price quite a bit under what is advertised.

I've talked to my local store about this discount. They wouldn't even discuss it unless I was purchasing 5 core components (mobo/cpu/ram/psu/ssd) or 4 core components plus monitor.
I even threw out the idea of buying two new monitors and a new gpu or two to upgrade my personal setup to 1440p and they said it didn't qualify currently.

I don't fully blame them. I understand the demand and why they are focusing the discount to people who are wanting to do a new build. The prices in general are just hard to watch sometimes.


Oh noooo, you showed proof that a gtx 1080 ti is being sold for $1500, the idiots here will say that is a lie even if you showed proof, they will say here that they can get them for $650 a piece hehe, rx 580 is being sold for $800 and they will say they can get them for $200 hehe. Trolls are such varan creatures hehe

The prices are real. Of course, it's not just gpus. I was looking for another ledger the other day and the only authorized retailers that had stock were selling $200+
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January 24, 2018, 04:55:47 PM
 #60

How can a miner get mining in 2018? Prices are just to high

It would take 10 months just to make your money back. And then you start to see profit



My 1 1070 can only pull in maybe $5 a day it would take me 7-8 months before I paid it back and made money...

Smart investment? How are people paying these prices?

If you are making less than $10 a day with a 1080ti you're doing it wrong!
And $10 are my bad days, with $20 being average and hitting $40+ on the really good stretches.
Mining shit off the first page of WTM, or using nicehash is lazy!

So even at today ridiculous prices your return on capital is no where near that bad if you can sustain $10/day
  • $699 RRP would be ~70 days
  • $1000 infalted price would be ~100 days
  • $1500 gouge would be ~150 days

Where are you getting 10 months from?

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