How fast do prices of GPU's go down?

[CryptoCoinArbitrage]

 It is very difficult to predict. When there was the hype in 2017 price of the second hand  GPUs doubled as there were neither new or old GPUs available.

[TheHas]

In 2017, a GTX 1070 was still about the $400 USD mark. Today it is still hanging around that price point as the next generation of cards is only just coming out now.

So buying new they are about the same price. I'd be cautious buying second hand as it could break and you have no warrantee. You don't know if a miner has been stressing their cards out at 85 degrees celcius 24/7 for three years!

Maybe buy new, and sell second hand yourself in a couple years time if you're worried about resell value?

[badbart]

I've been running 75 - 100 gpus for 2 years in 100 degree weather some gpus at at 83 degrees and never a problem with the temps.  Only thing that breaks are the fans, which are very easy to fix.  Gigabyte and Zotac are the brands I've had the most fan failures.  I just remove the fans and zip tie a case fan to the gpu, takes about 10 minutes.  If I was going to sell them of course I'd put the regular fan back on.

I've bought about half my gpus used, no problems so far. 

[cryptorima]

I think it depends in market conditions in crypto market before Q4 2017 the market is in hype and the GPU price had a BIG leap in its original price 

I also thinking that it’s depend in the conditions of crypto market. If market get in touch with hype then the situation of GPU get change.     

[Piskeante]

how fast?? Well, i know this for a fact.

I bought back in september 2017 5 RX 570 8gb Sapphire Nitro + (the best RX 570's and 580's on the market right now IMO) to complete my rigs. i paid for them in refurbished state (they were like new no problems at all), like 220€ each, around 250$ from the biggest retailer here in Spain.

They worked in a room of my house with temps between 20 and 40ºC. the only card that needed to rump up the fans was an MSI RX 580 8gb Armor that needed just around 65% to keep it below 70ºC working operation. Most of the RX 570 nitro+ need just about 40% fan to be around 50ºC working temps.

Now, on Ebay, there are authentic bargains. Brutal ones. I had the oportunity to buy 4 RX 570 sapphire Nitro+ for just about 80€, 90$ more or less. Brand new, in the top of the madness January-April 2018, this cards, brand new were above 300€.

So prices are going down. I had an emergency plan considering the worst condition i could think off back in November 2017. I knew the market would collapse. my contingency plan considered the market to go down by 70%. Never thought it would go below that. It went almost 90%, which left me with no time to reaction.


If (for me it's very unlikely), the market just pumps and holds for some time, we will be seeing our cards gaining huge value. But mining nowdays makes no sense at all. Specially now that summer is comming. In Spain, i live by the see, and the have lots of humidity and high temps, some days, above 40 with temp sensation of over 44ºC so mining is not an option unless it's really profitable, but it's not.

[klaaas]

Where they are pushing out GPUS on the same speed as nike shoes it cant hold it value long. The bear market and overstock from nvidia would make it worse. A other crypto mining rush would keep the value high.

[starkovblue]

The answer is very simple. There are updates that are more economical and more productive.
For large farms, this is a big savings. And do not forget that after a couple of years of mining wear is huge.

[Esterklu]

I think the reason for this is a drop in hardware demand, resulting from small and medium-sized mining companies pulling out of the market. The profitability of mining has been severely impacted by drops in cryptocurrency prices. It will likely take a few months for the pricing of GPUs to reach normal levels once more after demand drops, but these first signs have given us hope that the days of sky-high GPU prices might soon be behind us.

[TooDumbForBitcoin]

how fast?? Well, i know this for a fact.

I bought back in september 2017 5 RX 570 8gb Sapphire Nitro + (the best RX 570's and 580's on the market right now IMO) to complete my rigs. i paid for them in refurbished state (they were like new no problems at all), like 220€ each, around 250$ from the biggest retailer here in Spain.

They worked in a room of my house with temps between 20 and 40ºC. the only card that needed to rump up the fans was an MSI RX 580 8gb Armor that needed just around 65% to keep it below 70ºC working operation. Most of the RX 570 nitro+ need just about 40% fan to be around 50ºC working temps.

Now, on Ebay, there are authentic bargains. Brutal ones. I had the oportunity to buy 4 RX 570 sapphire Nitro+ for just about 80€, 90$ more or less. Brand new, in the top of the madness January-April 2018, this cards, brand new were above 300€.

So prices are going down. I had an emergency plan considering the worst condition i could think off back in November 2017. I knew the market would collapse. my contingency plan considered the market to go down by 70%. Never thought it would go below that. It went almost 90%, which left me with no time to reaction.


If (for me it's very unlikely), the market just pumps and holds for some time, we will be seeing our cards gaining huge value. But mining nowdays makes no sense at all. Specially now that summer is comming. In Spain, i live by the see, and the have lots of humidity and high temps, some days, above 40 with temp sensation of over 44ºC so mining is not an option unless it's really profitable, but it's not.

But we can see some kind of stabilization in price from the September 2018 after the selloff . Maybe it is a good time to buy some new not overpriced cards now.