Good time to buy GPUs?

[Manojdaran]

Read something lately. [Must be a rumour] Nvidia decided to launch the new GPUs with a driver version that may not be compatible with any miners right now. Like, you cannot mine any crypto using those drivers. Must be fake, anyhow what if it is for real?

[BestWest]

Now the equipment is at good prices, but the yield is very low. Payback with such a return of about 2 years. Now it is better to invest in the purchase of coins

[crazy_elky]

Definitely good time. The price went down a lot, almost 2 times lower comparing to december.
I'm slowly increasing the mining power of my farm now buying 2-3 new cards per week.

[papabiz]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

[nur1labs]

Now the equipment is at good prices, but the yield is very low. Payback with such a return of about 2 years. Now it is better to invest in the purchase of coins

i think some coins with low diff can found at announcement. so it's time can mining. before high. and sell buy new equipment.

[Metroid]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

299 usd, gtx 1070 will be faster than gtx 1080 ti and it might cost $399.

[nur1labs]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

299 usd, gtx 1070 will be faster than gtx 1080 ti and it might cost $399.

wut....for real. i wanna try buy that...strange why high low and low is high. mean version 1070 is faster than 1080 

[dhouse]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

I've seen them for 450

[swogerino]

It is a good time I think since you can buy RX 580 for 250-280 USD new at Newegg and I am talking about the 8 GB cards. Sure there are a lot of ASICS on the market but nothing guarantees that they will keep performing the same and for example some of the altcoin developers will not opt to switch their algo in order to fight ASICS.

You can find RX 570 a bit cheaper which performs very similarly to RX 580.

[gsrcrxsi314]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

299 usd, gtx 1070 will be faster than gtx 1080 ti and it might cost $399.

wut....for real. i wanna try buy that...strange why high low and low is high. mean version 1070 is faster than 1080 

dont mind that idiot. he's just a troll that gets off by feeding bad info to miners. he doesnt know anything about mining.

a GTX 1080ti in the current market will go for about $550-600, less if you find someone wanting to just dump it. but thats the average going rate ive seen on reddit.
a GTX 1080ti should get about 50MH/s on ETH (most profitable) with the ETHlargement pill.
a GTX 1070 in the current market will go for about 300-350, and will do about 30MH/s on ETH.

[klixion]

Prices have dropped a nice amount so it is a good time to pick up some GPU's.  If you are patient and use Ebay, they sometimes have offers such as 10% to 20% off coupons or 10x Ebay bucks.  Buying during these promotionals will save you a good amount of money. 

[ltcsprite]

No chance.

Not buying a single GPU until the new cards are released, until then it's a suicide machine, don't care if its $200 per RX 580, still may end up butt fukt.

Need new tech to make GPU mining worth a fuk. 

[ltcsprite]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

299 usd, gtx 1070 will be faster than gtx 1080 ti and it might cost $399.

Metroid is a paid troll or either a bored moderator.

Nobody is this stupid.   hehe.

[nur1labs]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

299 usd, gtx 1070 will be faster than gtx 1080 ti and it might cost $399.

Metroid is a paid troll or either a bored moderator.

Nobody is this stupid.   hehe.

ahahah but i think on side with cryptonight they fast lower but with high end gpu like 1080 ti used like me ETH family enough for mining.

[gotminer]

What is a reasonable price to buy second hand 1080 ti? 650 USD?

299 usd, gtx 1070 will be faster than gtx 1080 ti and it might cost $399.

Metroid is a paid troll or either a bored moderator.

Nobody is this stupid.   hehe.

7-8 months ago I thought Metroid was a medium size miner, trying to convince people not to buy up gpu's during the fall/winter btc bull run of 2017.  And into 2018, as gpu prices went through the roof, I agreed with him.  His numbers were usually way off on gpu prices, because I think he was getting them from re-sellers, but I did agree with the point.  I personally had only been mining for a couple months when I noticed him, but I thought he was putting fear into the minds of people that were spending a ton of money on something that would never even give them a return.  I thought he was doing this for his own benefit, to be honest.

He was and probably still is saying some really negative things about gpu mining, but what he really should have been saying was ... Be prepared to mine and not sell until the time is right.  That may be a year from now, or it could be five years from now.  Be prepared to mine until those gpu's and dead, pay for the electricity out of your own pocket ... And still hold your coins until the time is right.

That's when I learned that mining was never meant to be a largely profitable endevour on a day to day basis.  As I look back ... I have a friend/previous co-worker that mined with a couple 1070 or 1070ti's (can't remember which) when he was telling me capital recovery was 7 months on the hardware.  This was probably spring of 2017, maybe a little before.  He didn't understand difficulty, hashrate, used nicehash, ect ... Pretty sure he didn't even know what an asic was at that point.  He just thought he was always going to be able to do what he did and get the same prize for ever and ever.  Mining profitability kept going up and I started to build out my small home mining farm in the fall of 2017.  

I started mining zen and zec ... xmr on my first amd rig.  For 90 days, I was rolling in the cash (although I still haven't sold any crypto to this day).  Only mined and traded for btc.  Btc dropped, alts dropped, asics for ethash and equihash were introduced.  Started spec mining ... One coins  that I still believe in is what I'm still spec mining and will wait for months, if need be.  

The point is that mining isn't a business that you can take fiat from on a day to day basis, and be profitable.  Never was and never will be.

[stiucsib86]

Be prepared to mine and not sell until the time is right.  That may be a year from now, or it could be five years from now.  Be prepared to mine until those gpu's and dead, pay for the electricity out of your own pocket ... And still hold your coins until the time is right.

Totally agree. Only started mining ETH end of last year. Then the difficulty spiked up drastically. Now have to fork out money every month for the electricity. Will continue until all the GPUs die.

[fudster]

Be prepared to mine and not sell until the time is right.  That may be a year from now, or it could be five years from now.  Be prepared to mine until those gpu's and dead, pay for the electricity out of your own pocket ... And still hold your coins until the time is right.

Totally agree. Only started mining ETH end of last year. Then the difficulty spiked up drastically. Now have to fork out money every month for the electricity. Will continue until all the GPUs die.

What else to mine when ETH is going POS?

I don't think XMR will be that good, there is a market but if everyone who use to mine ETH will move to mining XMR you'll all flock in a pool. There are newer coins though like EINC which if it can have a good price, its going to set miners to build more rigs. I have it thinking as well when I saw their thread here.

[badbart]

Be prepared to mine and not sell until the time is right.  That may be a year from now, or it could be five years from now.  Be prepared to mine until those gpu's and dead, pay for the electricity out of your own pocket ... And still hold your coins until the time is right.

Totally agree. Only started mining ETH end of last year. Then the difficulty spiked up drastically. Now have to fork out money every month for the electricity. Will continue until all the GPUs die.

I have been running a 86 gpu farm for 18 months and it can be profitable if  you buy your equipment at a decent price.  I always bought when gpu prices fell.  But right now its a little different new gen gpus, ascis and eth pos have cooled my jets I haven't bought many gpus this year.  I'b buy a ton of gpus right now if I thier was a decent coin to mine, I have 970s and 470s still running making money.

right now I'm buying BTC until I see a decent opportunity.

[leowonderful]

Be prepared to mine and not sell until the time is right.  That may be a year from now, or it could be five years from now.  Be prepared to mine until those gpu's and dead, pay for the electricity out of your own pocket ... And still hold your coins until the time is right.

Totally agree. Only started mining ETH end of last year. Then the difficulty spiked up drastically. Now have to fork out money every month for the electricity. Will continue until all the GPUs die.

Why would you keep mining at a loss when you could just sell your GPUs and buy in at market price? When you're mining at a loss, you're essentially buying coins above market level and it makes better sense to just pull the plug and buy in whatever coin you're mining (ETH in this case) and just hold until you want to sell, and you won't be left with dead, useless cards on your hands.

[Manojdaran]

Be prepared to mine and not sell until the time is right.  That may be a year from now, or it could be five years from now.  Be prepared to mine until those gpu's and dead, pay for the electricity out of your own pocket ... And still hold your coins until the time is right.

Totally agree. Only started mining ETH end of last year. Then the difficulty spiked up drastically. Now have to fork out money every month for the electricity. Will continue until all the GPUs die.

Why would you keep mining at a loss when you could just sell your GPUs and buy in at market price? When you're mining at a loss, you're essentially buying coins above market level and it makes better sense to just pull the plug and buy in whatever coin you're mining (ETH in this case) and just hold until you want to sell, and you won't be left with dead, useless cards on your hands.

Unfortunately, in my country I couldn't sell GPUs [may be 1 or 2]. I still dont hit the bottom with my GPUs, just about to if the situation becomes further chaotic. It is still profitable but not much. If I need to trade like you suggested then I should have myself some $3000 daily.