Good time to buy GPUs?

[Manojdaran]

Been mining for almost 1.5 years now. As time goes, so is my GPU count. Built 2 nvidia powered rigs, up and running smoothly. BTC prices are so unpredictable, and so are the altcoin prices which are almost a reflection of what BTC has become today. nvidia might launch new gpus anytime sooner or may be longer than expected. My doubt is that, once a new range of gpus are launched, the older gpus will be out of circulation, right? Well in that case older gpus will not be available then. And for the new gpus, the price will never look similar to the older ones. So, is it really the right time to buy gpus which is available for cheaper price [not so much] in my city? [provided BTC will not suffer much in the coming months] or should I choose not to buy now?

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[nur1labs]

i prefer you buy when ether low. since that impact on rig model. today gpu is cheap and that you must look too impact of dollar to your real currency. as i used now is old. and already selling because im do developing. what i seek is. what make good that rigs by algos. example cryptonote. what good for that gpu mining. or x11 or many more algo by compabilty of VGA. old times i used 1050 and now i sell them for masternodes installing.

[Marvell2]

i prefer you buy when ether low. since that impact on rig model. today gpu is cheap and that you must look too impact of dollar to your real currency. as i used now is old. and already selling because im do developing. what i seek is. what make good that rigs by algos. example cryptonote. what good for that gpu mining. or x11 or many more algo by compabilty of VGA. old times i used 1050 and now i sell them for masternodes installing.

gpus are not cheap, cheap was $240 for an 8gb 580 , 375 for a 1070

[gameboy366]

The older generation doesn't disappear immediately. All of the sources point to an August or Sept release for next gen Nvidias so best will be to wait for new launch. Prices are still high and the markwt is not good as it used to be.

[nc50lc]

My doubt is that, once a new range of gpus are launched, the older gpus will be out of circulation, right?

Actually, no.
Some manufacturers will still make previous models even if there's a newly released GPU model.

And secondhand GPU will still flood the flea market.
If you're fond of window shopping on websites that sell 2nd-hand computer parts, you will always come across the old GPU models.
The questions are the estimated time of usage and the quality of the products but it will still affect the price of the bnew ones.

[jmigdlc99]

This question has been asked multiple times on these forums and the consensus answer seems to be that NO, now is a bad time to buy GPUs or build new mining rigs.

As far as i can recall, below is a bulleted summary of reasons why you shouldn't.

• New series GPUs are being released soon
• ASICs for the primary POW coins have been released to the public
• ETH is about to either reduce block reward or start POS
• Difficulty is climbing higher everyday

[nur1labs]

i prefer you buy when ether low. since that impact on rig model. today gpu is cheap and that you must look too impact of dollar to your real currency. as i used now is old. and already selling because im do developing. what i seek is. what make good that rigs by algos. example cryptonote. what good for that gpu mining. or x11 or many more algo by compabilty of VGA. old times i used 1050 and now i sell them for masternodes installing.

gpus are not cheap, cheap was $240 for an 8gb 580 , 375 for a 1070

for me cheap than asic miners. but im used of asic for high spec. already buy rig 2 month ago. if case now expensive. just hold or buy the old as recommended can mining.

[crairezx20]

I think it is better to wait for a new launch GPU's if they can release higher performance than the old GPU's then it is good choice to invest and buy them but always make sure to check the profitability because I'm sure the difficulty will increase again more if there is new GPU's release so if you early buy those cards then you can be benefited to mine early with those cards and old cards will be less revenue and will turn into unprofitable card except for other countries with cheaper electricity.

[nur1labs]

I think it is better to wait for a new launch GPU's if they can release higher performance than the old GPU's then it is good choice to invest and buy them but always make sure to check the profitability because I'm sure the difficulty will increase again more if there is new GPU's release so if you early buy those cards then you can be benefited to mine early with those cards and old cards will be less revenue and will turn into unprofitable card except for other countries with cheaper electricity.

prefer build own electric. many tutorial this day. someone sunk in water liquid too. many method mining today. yes agree. that unprofit with older. prefer newer. and check budget i think cuz if not enough it's will not come back after break event point[BEP]

[Sony.UK]

I think it is better to wait for a new launch GPU's if they can release higher performance than the old GPU's then it is good choice to invest and buy them but always make sure to check the profitability because I'm sure the difficulty will increase again more if there is new GPU's release so if you early buy those cards then you can be benefited to mine early with those cards and old cards will be less revenue and will turn into unprofitable card except for other countries with cheaper electricity.

If you wait for new launch you always wait for the GPU because anytime it will launching the updated version so we should buy know the cost GPU is low in the market. This is the best time to buy GPU because the current market is low so demand is little less in the market and automatically price also less in the market. But if you wait for future this will going to peak.

[treanski]

high crypto prices = high gpu prices
low crypto prices = low gpu prices

...its always a gamble

[rdluffy]

There are a LOT of Asics, so NO

[nur1labs]

There are a LOT of Asics, so NO

too much asic. and asic hard to maintenance than gpu. so i think the time buy gpu right. i see now price low....

[Manojdaran]

How do you think the algo diff will be on par with the yet to release new gpus? Also, it is almost impossible for me to get ASICs in my city.

[ikicha]

do not rush to buy GPU,strong opponents will be asic and fpga which will always annoy GPU.
If ASIC and FPGA kicked, you can bought GPU

[edwardceng]

when to start buying a GPU if it has to wait for ASIC and FPGA useless?

it's not an excuse not to buy a GPU/start building a Mining Rig.

The right reasons are:

• what is the electricity cost in your home
• how fast you want the ROI.

[Manojdaran]

Say, ASICs have dominated the crypto world. ASIC miners usually become obsolete within 10 months, right? Of course, I 'd be getting all that I invested in ASIC within that time, but post that no more revenue from it. Then, I have to buy a far more advanced [powerful] and quite expensive ASIC model. What's good in it?

[edwardceng]

ASIC only has low power consumption and lower price when compared to GPU (if has same hash level).

E.g
Antminer E3, Batch 3
Total hash rate: 190 MH/s
Price: $ 1876

how many GPUs can equal it (hashrate) and the total price of each GPU and power consumption?

and when ASIC is no longer a profitable at least have a fan that can be used or can be used as a seat.

[FFI2013]

Right now you'll make minus $0.96 running a A3 this is what asics do to profits once asics take over a chain its screwed look at D3 or L3 the only way to turn a profit is if you have free power I don't understand when a asics gets released why people get hyped up they wreck profits and are cancer to blockchains

[Manojdaran]

Right now you'll make minus $0.96 running a A3 this is what asics do to profits once asics take over a chain its screwed look at D3 or L3 the only way to turn a profit is if you have free power I don't understand when a asics gets released why people get hyped up they wreck profits and are cancer to blockchains

That's a good point. One day, if ASIC overtakes the GPU market then we have to live with it sadly. GPU on the other hand is like a slow mechanism, profit gradually decreases over time. Sadly, ASICs are at a maximum nowadays.