Good time to buy GPUs?

[Metroid]

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

at that price, only idiots buy the e3, 6 gpu x 30 = 180mhs, power 6 x 120 watts = 720w, also, count at least 30% gpu resale value in 2 years. Matter of fact only idiots buy hardware to mine eth right now cause buying the coin is a much better deal right now. At $800 it was the price, for $1900 is a rip off. With $1900, you can buy almost 4 eth, wait few months and get at least $1500 or more for each eth, almost 6000 usd, spending $1900 on asic or gpu will only make you to work a lot for nothing cause i doubt you will get $6000 or more within few months mining eth and even if you mine and hold the eth, it will never give you $6000 that fast, matter of fact  roi will be 2 years and in 2 years buying 4 eth and holding might give you $30k.

Face it trolls, if mining does not give you roi of 100 days or less, better not to invest on it, buy the coin and wait for the ultra pumps.

[1715060685]

1715060685

[1715060685]

1715060685

[mobile04151985]

for me i think best to buy is GPU will be base on the places and buying GPU not just 3. i think should be more than 5. and lastly is the electricity usage others are some place's are cheap in electricity.

[badbart]

The for me it is when will eth go POS and when / if another coin becomes very popular and profitable like eth to mine.  I would love to built a lot of eth mining machines but I have no idea when eth will go pos.  All the ASICs I look at are too expensive, for the time it takes to make back your investment, I should have paid more attention and bought a Z9 when they first came out.

[smoolae]

Well, when you can get a good deal on GPU then I'd say go for it. I have seen GPUs being sold here at a really great price, tbh the price has been so low that you could make some easy money reselling it later .

I see a point in mining if your electricity is really cheap or even free.

[vuli1]

Are AMD or Nvidia planning on releasing any new gpu chips. I am getting tired of this RX 580/VEga, 1070 suff.

[adaseb]

Basically what the above poster said.

When people are making good money with mining... GPUs become expensive.
When people are making peanuts with mining... GPUs become cheaper.

The best time to mine was 2009...2010 where you could of found a few blocks using your Celeron CPU inside your laptop while soloming directly from the Bitcoin Core wallet.

The second best time to mine was 2011...2012 where you could of made a few BTCs every week mining with your Radeon 5950...6990 GPUs.

The third best time to mine was 2013 where your Radeon 7970/280X made a killing mining LTC during the late 2013 bubble.

The fourth best time to mine was 2016....2017 where your RX 470/480 GPUs made almost 1 ETH every week that you could of sold for $1400 at the beginning of 2018.

Now I don't see crazy 1000% profitability levels anymore.

Sure you can buy a GPU second hand, mine like 0.25 ETH with that GPU till the end of the year and when ETH goes to like $2000 you will make a profit of  $500 and maybe lose a little on power and deprecation of the GPU.

But I am pretty sure gone are the days of making 5 or 6 figures from your mining rigs like in the past. I highly doubt ETH will do another 100x.

[VyprBTC]

Just gotta weigh it all out.

[nur1labs]

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.

i used many of asic. but we cannot easy too bro. why cuz if maintenance is taken longer than GPU. but asic make crack for price too this day~

[OgNasty]

Are AMD or Nvidia planning on releasing any new gpu chips. I am getting tired of this RX 580/VEga, 1070 suff.

The 1180 seems to be just around the corner.  I'd hold off on any GPU purchases until after summer if I were looking for the best deal.

https://www.pcgamesn.com/nvidia-gtx-1180-release-date-specifications

[nur1labs]

Are AMD or Nvidia planning on releasing any new gpu chips. I am getting tired of this RX 580/VEga, 1070 suff.

The 1180 seems to be just around the corner.  I'd hold off on any GPU purchases until after summer if I were looking for the best deal.

https://www.pcgamesn.com/nvidia-gtx-1180-release-date-specifications

that more scary even i look thread. that prototype...will it's be stable on hash?we not sure. but we wait. thank info.

[Metroid]

Are AMD or Nvidia planning on releasing any new gpu chips. I am getting tired of this RX 580/VEga, 1070 suff.

The 1180 seems to be just around the corner.  I'd hold off on any GPU purchases until after summer if I were looking for the best deal.

https://www.pcgamesn.com/nvidia-gtx-1180-release-date-specifications

Latest 1170 leak shows 60% faster than 1070. Now the question is who will offer the best price/performance gddr6, amd or nvidia, i will side with amd again.

[nur1labs]

Are AMD or Nvidia planning on releasing any new gpu chips. I am getting tired of this RX 580/VEga, 1070 suff.

The 1180 seems to be just around the corner.  I'd hold off on any GPU purchases until after summer if I were looking for the best deal.

https://www.pcgamesn.com/nvidia-gtx-1180-release-date-specifications

Latest 1170 leak shows 60% faster than 1070. Now the question is who will offer the best price/performance gddr6, amd or nvidia, i will side with amd again.

is amd will be colling?. i use nvidia and it's coller. 1060

[edwardceng]

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

Face it trolls, if mining does not give you roi of 100 days or less, better not to invest on it, buy the coin and wait for the ultra pumps.

I just explained by comparing ASIC VS GPU without affecting OP to buy one of them.

See what OP is asked

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?

buying ASICs or GPUs has the advantage and Risks include investments in coins

[Batelk]

Well, when you can get a good deal on GPU then I'd say go for it. I have seen GPUs being sold here at a really great price, tbh the price has been so low that you could make some easy money reselling it later .

I see a point in mining if your electricity is really cheap or even free.

I think it mainly depends on the electricity price. If it is low, buy some GPU.

[Wikadin]

It's up to you. The market is down and nobody knows when it goes up. You'd better count the profitability then decide buy or not buy.

[gotminer]

It's up to you. The market is done and nobody knows when it goes up. You'd better count the profitability then decide buy or not buy.

If you care about current profitability, you aren't buying any mining hardware.  The key is to not care about "current" profitability.

[nsummy]

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.

Hardly.  Its been over 2 years since Nvidia released a new gpu platform and over a year since AMD released a new GPU.  Its not like the next best thing is released every 3 months

[LogisticsX]

I think even with the release of a new gpu platform by either AMD or Nvidia, there will be a lag time for mining software to be optimised for them.

Better to take advantage of the dip in prices for the previous gen, and mine with those. You can also just switch to another altcoin with a lower difficulty, to avoid fighting with high demand altcoins (like ETH).

[Marvell2]

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.

Hardly.  Its been over 2 years since Nvidia released a new gpu platform and over a year since AMD released a new GPU.  Its not like the next best thing is released every 3 months

Yeah you don’t want to be ina situation wheree 290x and 280 users were in righ before rx480s came out. Basically with new obsolete and power hungry cards in your inventory when the new models are say 30 to 40 percent for powerful and 40 percent more efficent.  I would wait son

[nur1labs]

I think even with the release of a new gpu platform by either AMD or Nvidia, there will be a lag time for mining software to be optimised for them.

Better to take advantage of the dip in prices for the previous gen, and mine with those. You can also just switch to another altcoin with a lower difficulty, to avoid fighting with high demand altcoins (like ETH).

lower difficulty needed. many new coins today i used for mine gpu then sell it even cheap. but with many coins. so that not problem 

if he think will dip eth crazy even 1 rack not enough