Will Vega cards (56 and 64) crash in value when Monero goes RandomX??

[Beyerd17]

What do you guys think?

I heard a lot of miners bought these cards to mine Monero and the hashrates will be cut a lot (to be more cpu friendly) when it changes to RandomX.

Will the Vega cards be dumped at cheap cheap, or will the Monero miners simply change to a different coin?

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[Mighty_crypt]

What do you guys think?

I heard a lot of miners bought these cards to mine Monero and the hashrates will be cut a lot (to be more cpu friendly) when it changes to RandomX.

Will the Vega cards be dumped at cheap cheap, or will the Monero miners simply change to a different coin?

What do you mean by the hashrate will be cut alot? if you are not getting better hashrate when mining monero then change your miner to other mining software, rx vega 56 and 64 are very good for any crytonite algo based coins not just monero alone

[Beyerd17]

What do you guys think?

I heard a lot of miners bought these cards to mine Monero and the hashrates will be cut a lot (to be more cpu friendly) when it changes to RandomX.

Will the Vega cards be dumped at cheap cheap, or will the Monero miners simply change to a different coin?

What do you mean by the hashrate will be cut alot? if you are not getting better hashrate when mining monero then change your miner to other mining software, rx vega 56 and 64 are very good for any crytonite algo based coins not just monero alone

They are going to change the algo to RandomX, and whatever hashrate you have at the moment will be reduced by a lot to make Monero mining more cpu friendly.


OpenCL
Model CryptonightR H/S RandomX H/S Relative speed Comment

AMD Radeon VII (stock) 3125 1500 48% JIT compiled mode, 150W
AMD Vega 64 (1700/1100 MHz) 2200 1225 55.7% JIT compiled mode, 285W
AMD Vega 64 (1100/800 MHz) 1023 845 82.6% JIT compiled mode, 115W
AMD Vega 64 (1700/1100 MHz) 2200 163 7.4% VM interpreted mode
AMD Vega FE (stock) 2150 980 45.6% JIT compiled mode (intensity 4096)
AMD Radeon RX 560 4GB (1400/2200 MHz) 495 260 52.5% JIT compiled mode (intensity 896)
AMD Radeon RX RX470/570 4GB 930-950 400-410 43% JIT compiled mode, 50W
AMD Radeon RX RX480/580 4GB 960-1000 470 47% JIT compiled mode, 60W
GeForce GTX 1080 Ti (2037/11800 MHz) 927 601 64.8% VM interpreted mode

CUDA
Model CryptonightR H/S RandomX H/S Relative speed

GTX 1660 Ti max overclock (2070/13760 MHz) 626 (98 W) 671 (103 W) 107.2%
GTX 1660 Ti low power (1785/13760 MHz) 604 (70 W) 567 (70 W) 93.9%
GTX 1070 (1850/7600 MHz) [1] 612 (89 W) 609 (108 W) 99.5%
GTX 1070 Ti (1900/7600 MHz) [2] 625 (97 W) 769 (123 W) 123.0%
GTX 1080 Ti (1930/10010 MHz)[3] 787 (145 W) 1136 (190 W) 144.3%
GTX 1080 Ti (2037/11800 MHz) 927 (183 W) 1122 (190 W) 121.0%
RTX 2080 (1980/13740 MHz) [4] 828 (142 W) 1191 (189 W) 143.8%
RTX 2080 Ti (1915/13600 MHz) [5] 1105 (197 W) 1641 (242 W) 148.5%
Titan V (1335/850 MHz) [6] 1436 (101 W) 2199 (125 W) 153.1%
Tesla V100 (1530/877 MHz) [7] 1798 (134 W) 2524 (177 W) 140.4%

[CjMapope]

What do you guys think?

I heard a lot of miners bought these cards to mine Monero and the hashrates will be cut a lot (to be more cpu friendly) when it changes to RandomX.

Will the Vega cards be dumped at cheap cheap, or will the Monero miners simply change to a different coin?

Ooo good question, i haven't thought about it yet, as i don't own a bunch of Vegas personally, it could tho, the market for those cards is almost solely dependent on XMR mining : /   
I feel for those boys, but i think they should be ROI by now, so just look forward to RandomX, its bringing back CPU mining man!
Theres other algos these coins are dece on i think anyways? lyrarev3,MTP maybe?

[Beyerd17]

What do you guys think?

I heard a lot of miners bought these cards to mine Monero and the hashrates will be cut a lot (to be more cpu friendly) when it changes to RandomX.

Will the Vega cards be dumped at cheap cheap, or will the Monero miners simply change to a different coin?

Ooo good question, i haven't thought about it yet, as i don't own a bunch of Vegas personally, it could tho, the market for those cards is almost solely dependent on XMR mining : /  
I feel for those boys, but i think they should be ROI by now, so just look forward to RandomX, its bringing back CPU mining man!
Theres other algos these coins are dece on i think anyways? lyrarev3,MTP maybe?

Yeah, it's back to the future for sure, going full circle. Would be fun if the same thing would happen to some of the other of the large cap minable coins.

[BigBoy89]

What do you guys think?

I heard a lot of miners bought these cards to mine Monero and the hashrates will be cut a lot (to be more cpu friendly) when it changes to RandomX.

Will the Vega cards be dumped at cheap cheap, or will the Monero miners simply change to a different coin?

Nope, most probably will just switch to another coin than sell their gear cheap.

According to Nicehash, current profitability for Vega 64 is 0.70 USD/Day with 10c/Kw on electricity. With only 40% used on CryptoNote algo.

https://www.nicehash.com/profitability-calculator/amd-rx-vega-64