ETH GPUs miners beware!

[Metroid]

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick.

Here you go and buy this rx 580 for $719, looks like they are on discount from 2 weeks ago and that is within usa, imagine the price outside usa, in europe would be 720 euros, in uk 720 gbp and developing countries, 2 or 3x that prices, go to africa and buy it for just $1400 or brazil for $1400.

https://www.newegg.com/Product/Product.aspx?Item=9SIA6V66J47564

one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand.

How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots.

[1714644281]

1714644281

[1714644281]

1714644281

[Bare]

@Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,

dude, I remember when I bought my rx480 8gb for 300€, the same rx580 8gb today can be found for ~600€ maybe 500€, It's ridiculous[EU area]

I'm not buying overpriced hardware out of spite and protest!! pisses me off! stop and think for a sec,
rx580 for 500€, no freaking way dude, I don't care, I REFUSE that to be the real value!
It's like, hey, wanna buy intel celeron for 200€?!? same goddamn thing!

I say let them make eth asics, let them make millions of them, I don't care, I started mining long time ago out of fun, throughout the years managed to afford gpus 1 by 1 strictly from the cryptos I mined and I'm still doing that...
So far have never bought overpriced gpus and usually at the times like these waited for the firesellers to buy gpus from them for normal second hand prices when gpu mining took a dip in profitability or something...I don't care I'm not that much in a need nor in a hurry...

Gpu prices are ridiculously high for such a long time now and it's time something happens to normalize this market, if bitmain making asic is the way, so be it!  

[ggbtctalk000]

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick.

one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand.

How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots.

Dude, i dont like to chip in but it looks like you need to slow down and look around.
i can see on ebay rx580 can be had around ~400$. much faster powerul gtx1080 can be had around 700$ which I have been buying.

https://www.ebay.com/sch/i.html?_from=R40&_sacat=0&LH_BIN=1&_nkw=rx+580&_sop=15

[Marvell2]

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick.

one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand.

How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots.

maybe in the EU and other countries , in the USA 580s and 570s are around 500 to $700 for good quality ones, hes not too far off

[RentGPU]

In the darkest situation that they can build an asic for ethash , there will be many other coins poping out with new algos for gpus , gpu mining will never die and never did before , maybe one of bitmain customers tell me where is the S3 now i can tell you IN THE GARBEGE , so f**k off

[ggbtctalk000]

In the darkest situation that they can build an asic for ethash , there will be many other coins poping out with new algos for gpus , gpu mining will never die and never did before , maybe one of bitmain customers tell me where is the S3 now i can tell you IN THE GARBEGE , so f**k off

I am counting on that ) otherwise i am busted 

[Metroid]

@Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,

I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs.

Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight.

I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from  them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think.

And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580.

[Bare]

...Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs...

You have probably said this line a 100 times in the last couple months. Who pays that much? RX 570/580 can be easily gotten for $500 (which I would never do) and with just a tiny bit of effort can be gotten for $329-$400.

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

the evidence is really simple to provide, look at network hashrate increase for popular gpu mineable coins in the last....let's say 3 months...and you can make some rough calculations how many gpus went online in that period, which means gpus are selling, high prices or not, I usually like to mind my manners but I totally don't judge Metroid at all for calling everybody idiots and whatnot for buying gpus at those prices...

btw that's how you bring asics in the game too,
what if 1080ti's were seriously selling for $2-3k? or even more? manufacturing and buying asics wouldn't be a bad idea then, but rather a smart choice or even a necessity... depends from which perspective you look at it, regular pc builder/gamer or miner...

[treanski]

@Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,

I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs.

Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight.

I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from  them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think.

And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580.

really man, take your pills, they will help to sort that shit in your head

[Bare]

@Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,

I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs.

Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight.

I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from  them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think.

And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580.

You what Metroid? I never thought I would actually want to say or wish it since I'm a miner too, but I can't wait for the earnings to drop to 0,5$ or even lower per card...there's...just...too much hype!

[generalheed]

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick.

Here you go and buy this rx 580 for $719, looks like they are on discount from 2 weeks ago and that is within usa, imagine the price outside usa, in europe would be 720 euros, in uk 720 gbp and developing countries, 2 or 3x that prices, go to africa and buy it for just $1400 or brazil for $1400.

https://www.newegg.com/Product/Product.aspx?Item=9SIA6V66J47564

one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand.

How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots.

Why do you keep referring to them as trolls? Do you even know what a troll is? How does mining on an iGPU make someone a troll anyways? All it shows is that someone has extra computing power they want to throw at mining. That's their choice, more power to them. The Intel Iris Pro 580 is pretty comparable to a mid range NVidia GPU so for cryptonote currencies, it's not a bad idea to mine with an iGPU. Anyways, a troll is someone that's messing with you for fun or as a joke/prank. So how is someone mining with an iGPU trying to pull a prank on you or even affecting you in anyway?

I would agree with you that individuals are crazy for spending so much on GPU's for mining cause they'd probably never make back the money they spent. Still that doesn't make them trolls, or anyone else here trolls for that matter. No one is trying to pull pranks on you here.

[Metroid]

Why do you keep referring to them as trolls?

I guess you must be new within the community, when I refer as trolls or troll I mean people or person in general, not specific.

[generalheed]

Why do you keep referring to them as trolls?

I guess you must be new within the community, when I refer as trolls or troll I mean people or person in general, not specific.

Yes I am pretty new here so this is indeed the first time I've come across you here or most people here for that matter. Anyways my point was simply that iGPU mining for cryptonote currencies like Monero actually works very well. By itself it won't help you much, but combined with a lot of other workers, it all adds up.

[ggbtctalk000]

Why do you keep referring to them as trolls?

I guess you must be new within the community, when I refer as trolls or troll I mean people or person in general, not specific.

Yes I am pretty new here so this is indeed the first time I've come across you here or most people here for that matter. Anyways my point was simply that iGPU mining for cryptonote currencies like Monero actually works very well. By itself it won't help you much, but combined with a lot of other workers, it all adds up.

did apple start making GPUs??

[The Demon Slick]

Well this is intresting. What if Bitmain is the secret company who ordered chips from Samsung?  

Up till now, a Taiwanese company, TSMC, has been the main producer of the ASIC chips for miners.

Although GMO Internet from Japan has announced will be mass producing ASICs with 12nm and 7nm chips.

Ebang got the samsung 10nm chips, the ebit 18T/Hs is already on peoples shelfs.
GMO will be contract only, 5 million usd for 2 years, fees not yet disclosed.

[Branko]

...Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs...

You have probably said this line a 100 times in the last couple months. Who pays that much? RX 570/580 can be easily gotten for $500 (which I would never do) and with just a tiny bit of effort can be gotten for $329-$400.

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

He's just bitter, venom and hatred pours from all his posts, because he missed the mining train

[QuintLeo]

Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with.

No, it says they prefer to stick with selling to GAMERS because that is a far more stable market that they DOMINATE.

[QuintLeo]

Look at the difference between the top hash power and second place

https://eth.nanopool.org

So there are ETH farms? If Bitmain were testing an ASIC for ETH, do you really think they would make it obvious by mining on a public pool? Nobody knew about the SIA Bitmain A3 until ASIC's for SIA were already announced for it and it was available for pre order from Bitmain for delivery in days. But you believe somehow Bitmain coming out with an ASIC for ETH, that nobody has been able to do for years is announced months ahead of time? LOL

 Watch for what algorithms get added to Antpool, THEN you have a clue what new miners Bitmain is working on and fairly close to release.
 Which is scary because they HAVE added pools for ETH and ETC.....

[BennyT]

Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with.

No, it says they prefer to stick with selling to GAMERS because that is a far more stable market that they DOMINATE.

Watch the NVidia CES keynote. GPU’s are a small fraction of their business. AI and autonomous driving is where they are focusing and have been for some time. Nothing to do with ASICS and ETH

[gotminer]

Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with.

No, it says they prefer to stick with selling to GAMERS because that is a far more stable market that they DOMINATE.

Correct ... Also ... What the say publicly and what they really do are way different.  I'm a firm believer of mean what you say and do what you say, but large companies don't and can't operate like that.  It doesn't make sense to the consumer or the shareholder.