adaseb
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August 29, 2018, 07:40:39 AM |
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Buying a $3000 worth TITAN V is the best example of a mining idiot who doesn't deserve to ROI. I don't really understand the logic behind why people buy those but i'm guessing they already have a lot of money to begin with. People with less money rarely have the luxury of making stupid decisions like that. If i had a lot of money, i'd have rather spent it wisely or donated it to charity. at that time vega, gtx 1080ti were being sold for $1500, so for them even though titan v was $3000, it was cheap and a titan v was giving 7 usd per day, if we think about, at current profitability, anybody buying a rx 580 for $300 right now for mining is pretty much buying a titan v for 3000 usd at that time, 3000 / 7 = 430 days + electricity = 450 days give or take, right now a rx 580 is giving $0.30, so 300 / 0.30 with electricity included = 1000 days, i guess buying a titan v was lot more stupid cause the profitability could not have sustained, right now yes and it will likely increase, a wise man once said, buying when it crashes, never when its all time high, anyway titan v at that time or rx 580 right now one at beginning, the other at the end, the middle is called a miners idiot spiral and when both meets, credit card is earning their money back hehe and the idiot is in sorrow, this reminds me of the gold rush hehe Well, using a celeron or igpu or both to mine was a lot worse than buying a titan v for $3k hehe Well the Titan V is a special GPU because from what I recall its pretty rare. Basically like the Radeon 6990, Radeon 7990, R9 2x295, AMD Dual Pro Duo, etc. They will generally hold their value much better than other cards. So like Metroid said, it really depends on how early you got them to the point where they might of ROI'd quick.
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mineshop.eu
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August 29, 2018, 04:03:29 PM |
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I just don't see new gpu's being a reason for a jump in difficulty. Price and performance is going to prevent them from being mass bought for the sole purpose of mining. Maybe I'm wrong, but I won't be buying any.
there are many idiots out there hehe, imagine one rtx 2xxx for each idiot, reminds me of some idiots were planning to buy a 32 cores cpu to mine just like many bought titans v at $3000 to mine. Buying a $3000 worth TITAN V is the best example of a mining idiot who doesn't deserve to ROI. I don't really understand the logic behind why people buy those but i'm guessing they already have a lot of money to begin with. People with less money rarely have the luxury of making stupid decisions like that. If i had a lot of money, i'd have rather spent it wisely or donated it to charity. Right on the spot, mining has to be as efficient as it could be , cheapest and reliable parts, which will give you the best prices per hash and best hash per power. This is the only way to make good profit in mining
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0ethereum0
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August 30, 2018, 08:29:09 AM |
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I dont like it to say it but I think the gpu time is over { or you have a 1080TI or similar}. The time of the asic has become quit for a wile. I rather had GPU but the mining farms with the ASIC the normal miners are forced to switch ASIC if they want a normal profit.
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ciciteng
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August 30, 2018, 08:57:27 AM |
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Hold your ground guys, the new RTX is not worth to even try. So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
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ojcrisanto
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August 30, 2018, 12:57:20 PM |
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Nvidia 10 series and Rx 500 series were cheap prices right now in our country. Hoping this year end, the price will bounce back. I have 11 amd cards still in my hands. I am also researching what coin will I mine this time that will be good in the near future.
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mineshop.eu
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August 31, 2018, 11:14:36 AM |
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Hold your ground guys, the new RTX is not worth to even try. So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley
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melpheos
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August 31, 2018, 12:09:06 PM |
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Hold your ground guys, the new RTX is not worth to even try. So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley Or fortunately for the few who have or will get those
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Takzan
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August 31, 2018, 02:02:14 PM |
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In my opinion, should invest in GPU to exploit ETH, at current ETH price we can still earn nearly 100% interest. Now is the right time
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vuli1
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August 31, 2018, 02:27:07 PM |
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ETH, sorry but it is not worth to mine ETH anymore. maybe if the price jumps to 800$/1ETh than it will be.
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★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★ ✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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revenant2017
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Activity: 728
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Healing Galing
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August 31, 2018, 05:51:52 PM |
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Hold your ground guys, the new RTX is not worth to even try. So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Unfortunately FPGA's are not for small people. It is also hard to sell that kind of hardware when a new one is out. With GPU's, You can still manage to resell it a half or third of the price.
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mineshop.eu
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September 02, 2018, 06:23:45 PM |
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Hold your ground guys, the new RTX is not worth to even try. So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley Or fortunately for the few who have or will get those Yes also true Thank you Xilinx!
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leonix007
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Grow with community
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September 03, 2018, 05:15:29 AM |
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Hold your ground guys, the new RTX is not worth to even try. So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Unfortunately FPGA's are not for small people. It is also hard to sell that kind of hardware when a new one is out. With GPU's, You can still manage to resell it a half or third of the price. Yep, easier to resell. If you got those FPGA's, probably selling isn't in your vocabulary and would probably look for a better/next coin to mine, as it could also changed algo compared to ASICs I've known a lot of ASIC's with almost low to no resale at all and now a door stopper
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martyroz
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September 03, 2018, 05:23:07 AM |
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It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD. Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
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philipma1957
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'The right to privacy matters'
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September 03, 2018, 05:38:11 AM |
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It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD. Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
Yeah the 1080ti has risen price wise. As the 2080ti is running 1200 to 1400 usd. I think the 2080 will be good value. As for buying I am getting Msi Vega 56 new with warranty for 400 to 475.
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TheronB
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September 03, 2018, 07:52:46 AM |
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Hold your ground guys, the new RTX is not worth to even try. So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley What is the current daily profit for one now? Seems like buying the coins low with the Fiat is a better alternative than mining, even with the FPGAs.
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mineshop.eu
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September 03, 2018, 08:07:08 AM |
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Its really depends on mining algorithm. But on average they are fast as 10xRX580 gpu at same power usage as 2xRX580 which makes them incredible efficient. If you have very cheap power or no power cost at all , rather stick to gpus as FPGA is quite pricey.
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gsrcrxsi314
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September 06, 2018, 08:02:18 PM |
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It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD. Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
you must be selling to idiots, or paying fees to sell on ebay. going rate for 1080tis on reddit is $500 shipped all day.
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revenant2017
Sr. Member
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Activity: 728
Merit: 252
Healing Galing
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September 06, 2018, 11:13:07 PM |
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It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD. Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
Yeah the 1080ti has risen price wise. As the 2080ti is running 1200 to 1400 usd. I think the 2080 will be good value. As for buying I am getting Msi Vega 56 new with warranty for 400 to 475. I bought Vega 64 at $550 on sale thanks to recent GPU price drop. It's a good and cost effective replacement for my 1080. Combine it with Freesync monitor and it will be more awesome.
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Xphenosis
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September 07, 2018, 03:16:41 AM |
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I guess this time around that crypto is bearish maybe rig components as well as GPUs might be down also. Right time to buy is when crypto is down few miners will buy for sure giving huge discount by manufacturers. It is good time to mine ETH and other altcoins too but I'd suggest ETH.
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lyfecoin
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September 16, 2018, 06:26:07 PM |
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It is always better to buy latest and updated versions for GPUs as they are more efficient and sometimes cheaper or slightly expensive than the older/previous models.The grey/used market is also a good source to buy GPUs and much discounted price especially when the market is down as newbies tend to sell away to cover the losses and exit mining
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