Buying GPU.. need suggestions

[Tusharchhn]

Hey guys
actually i am preparing my first small mining rig but my budget is kinda low..
soo i need suggestion on which gpu i should buy. i am from india so online prices are ridiculously high
the best prices i can get from local market is

nvidia gtx 1080ti 11gb - $1191
nvidia gtx 1070 8gb - $641
nvidia gtx 1060 3gb - $290
nvidia gtx 1050ti - $213
nvidia gtx 1050 2gb - $152

amd rx 580 8gb - $412
amd rx 570 4gb - $400

My max budget is $2100 for gpu

what will be your pick in this budget with these prices for maximum profit and future proof ?
Well electricity cost here is $0.07 kWh

[vanyx]

Depends, what are you planning to mine?

(All the rates i'm posting are stock and not overclocked)

If you're going to mine ETH, the best bang for buck would be the AMD RX 580 - it gives you around 22 mh/s, your next best bet is the NVIDIA 1070 - gives around 27 mh/s.

I would recommend you go with around 4x RX 580's (don't forget you still need a MOBO, PSU, GPU risers, etc), so take that into account.

I would personally go for 4x or even 8x rx 580's.

[mk4]

You might want to check out these tools to help you decide:

• https://www.coinwarz.com/cryptocurrency/coins
• https://www.miningbenchmark.net/

[shapegray]

Go with AMD RX 580 it's has lower price than gtx 1070. It's the best choice than NVIDIA except you want to play game too.

[jillscarbrough]

Hey guys
actually i am preparing my first small mining rig but my budget is kinda low..
soo i need suggestion on which gpu i should buy. i am from india so online prices are ridiculously high
the best prices i can get from local market is

nvidia gtx 1080ti 11gb - $1191
nvidia gtx 1070 8gb - $641
nvidia gtx 1060 3gb - $290
nvidia gtx 1050ti - $213
nvidia gtx 1050 2gb - $152

amd rx 580 8gb - $412
amd rx 570 4gb - $400

My max budget is $2100 for gpu

what will be your pick in this budget with these prices for maximum profit and future proof ?
Well electricity cost here is $0.07 kWh

this topic is in the wrong section, you should write this topic in Mining (Altcoins). if you don't know how to move a topic you can see this a picture:



then click the drop-down and select the Mining (Altcoins)

[Tusharchhn]

Depends, what are you planning to mine?

(All the rates i'm posting are stock and not overclocked)

If you're going to mine ETH, the best bang for buck would be the AMD RX 580 - it gives you around 22 mh/s, your next best bet is the NVIDIA 1070 - gives around 27 mh/s.

I would recommend you go with around 4x RX 580's (don't forget you still need a MOBO, PSU, GPU risers, etc), so take that into account.

I would personally go for 4x or even 8x rx 580's.

I still not decided what to mine just confused.. I heard in a long term basis Nvidia cards are better because of many supported algorithms

And my budget is $2500
Soo I can buy x5 rx 580's or 3 gtx 1070 and rest $400 for other parts(GPU, Mobo, etc)

Btw thanks for the quick reply 😉

[edwardceng]

With that price list, I vote for RX 580 8GB. I own it, strong enough in a few algorithms, and of course more tweaker friendly. Can compare it to 1070 when both tweaked.

[szafa]

Check also ascic library.

[crocozino]

mate, I'm sorry, but where do you live?! the prices you've posted seems pretty high, I'm not sure that it is wise decision to buy cards on such high prices..
believe me, the prices well be cheaper very soon, it is happening already..  so for example gf 1080ti normal price in us about 800$, not like $1100 which is really high.. and same with gf gtx 1070, good price for it about $420-450

[Tusharchhn]

mate, I'm sorry, but where do you live?! the prices you've posted seems pretty high, I'm not sure that it is wise decision to buy cards on such high prices..
believe me, the prices well be cheaper very soon, it is happening already..  so for example gf 1080ti normal price in us about 800$, not like $1100 which is really high.. and same with gf gtx 1070, good price for it about $420-450

I just checked with another seller and yes the 1080ti OC I can get for $813
And rx580 8gb OC at $398 and used ones for $300

Btw I live in india

[swogerino]

Get the Rx580 so you can buy up to 5 of them with your budget and later add another one with your earnings probably after 2-3 months.

Get these cards as they are more verstile than the nvidia counterparts and are more efficient in ethereum and ethereum based coins. They are also better mining Monero. Nvidias are better in Equihash and Neoscrypt.

[Etherion]

I would not buy now with new nvidia gpus comming and all the asic popping up.

But my experience would suggest 1060 as the power efficiency is better than amd. You get more hash power for the same amount of money compared to 1070. Even the 6gb is beter that  1070

[jmigdlc99]

I would not buy now with new nvidia gpus comming and all the asic popping up.

I completely agree with this guy. Not advisable to buy GPUs this late. There is the threat of ASICs (for Ethereum and other algos/coins), the upcoming ETH switch to POS (end of mining), and more. Basically the risks are stacked against you at this point.

Unless you already have the hardware, it may no longer be wise to start mining today.

[Tusharchhn]

I would not buy now with new nvidia gpus comming and all the asic popping up.

I completely agree with this guy. Not advisable to buy GPUs this late. There is the threat of ASICs (for Ethereum and other algos/coins), the upcoming ETH switch to POS (end of mining), and more. Basically the risks are stacked against you at this point.

Unless you already have the hardware, it may no longer be wise to start mining today.

Okay, soo I was gonna do some gaming in free time.. also
And some mining to get some coins .. what if I buy 2x 580s for a bit gaming and some coins and save rest of the money and wait for new Nvidia cards.. and buy them for mining I heard it's only 1-2 months away.. 🤔🤔
Will it make sense ?

[swogerino]

Yes that would make sense especially now that Nvidia may release their new cards in June the 2080 but they will be expensive.

If you have made your mind up that you want to start mining why not buy any of the new cryptonight asics that are power efficient and have good profitability, I dont know how long this profitability will las though as with other asics as l3+ lasted only 2-3 months.

These asics will be out in may I heard and some in April from different companies.

[Mamasita22]

1060 have best roi for your prices, and rx 580 8gb good too. 1070 and 1080ti have bad times for now, and cost too much for its profit

[Tusharchhn]

probably the 1070s or if you are able to get 1070 Ti at amazon is around $550.. you have amazon in india right ?

Yes we have Amazon . In  and the best price on online store we are getting is around $800...!!! Same with ordering from US sites since import duties are damn High.. on $550 card they are charging $229 import fees.. !! Jesus

[buzzie]

is Mining still relevant?)))

[swogerino]

is Mining still relevant?)))

It is if you are mining for long term and don't want the quick buck and taking a long time to Roi doesn't bother you at all because you see mining as a hobby which in the future can also give you profit.

If you ask because you want some quick profit then mining is not relevant.

[HardFireMiner]

Hey guys
actually i am preparing my first small mining rig but my budget is kinda low..
soo i need suggestion on which gpu i should buy. i am from india so online prices are ridiculously high
the best prices i can get from local market is

nvidia gtx 1080ti 11gb - $1191
nvidia gtx 1070 8gb - $641
nvidia gtx 1060 3gb - $290
nvidia gtx 1050ti - $213
nvidia gtx 1050 2gb - $152

amd rx 580 8gb - $412
amd rx 570 4gb - $400

My max budget is $2100 for gpu

what will be your pick in this budget with these prices for maximum profit and future proof ?
Well electricity cost here is $0.07 kWh

Prices are too high, I do not recommend to buy at such prices. Best option in your list is rx 580 13.73$/hash in eth.