Are the Nvidia 3000 Series the BEST GPUs for MINING EVER?! RTX 3070, 3080, 3090

[bitquad]

Anyone else thinking of dumping hardware at these prices? I've got a modest farm of around 7-8 GH/s and once I saw RX 580's break $200 I started listing them on ebay. I've sold around 30-40 so far atleast between $200, 225, and 250. I see new ones sold by Best Buy for $279.99 on ebay so I could see getting up around there but I can't imagine going much higher. Not to mention my cards are all unbranded chinese "Ethecoin" manufactured.

I just figured at $200+ you can flip 2 x 580's into 1 x 3060Ti for the same hash at half the power consumption when stock comes available within the next few months (hopefully?). I was thinking I could sit on the cash for a few months but if it's any longer it is probably smarter to just keep the cards with ROI currently at 6-7 months. Any one else got opinions on selling RX 580 8GB's at $225-250+ and or predictions on when RTX 30xx series stock will lighten up?

That's a decent farm you've got! How many GPUs? What's your ETH payout per week?

I have 1.4 GH/s and my payout last week was around .642 ETH.

You might have to wait a while to get replacement GPU cards. And how much longer can you mine ETH?

I am also tempted to get rid of my cards but they are heating the house. I don't want to wait too long though because GPU stock could be replenished and then used prices will drop accordingly.

I have a few questions:

1. Did you reflash the RX580 cards to stock when you sold them?
2. Which shipping carrier do you use?
3. Are you advertising the GPUs as being used for mining?
4. Are you listing them in bulk? Example: 20 available?
5. How much is Ebay getting as commission?
6. Any dishonest buyers claiming the cards are not working? I heard that EBAY usually sides with the buyer.

I might try Facebook Marketplace instead.

Let me know.

Thanks!

[philipma1957]

Anyone else thinking of dumping hardware at these prices? I've got a modest farm of around 7-8 GH/s and once I saw RX 580's break $200 I started listing them on ebay. I've sold around 30-40 so far atleast between $200, 225, and 250. I see new ones sold by Best Buy for $279.99 on ebay so I could see getting up around there but I can't imagine going much higher. Not to mention my cards are all unbranded chinese "Ethecoin" manufactured.

I just figured at $200+ you can flip 2 x 580's into 1 x 3060Ti for the same hash at half the power consumption when stock comes available within the next few months (hopefully?). I was thinking I could sit on the cash for a few months but if it's any longer it is probably smarter to just keep the cards with ROI currently at 6-7 months. Any one else got opinions on selling RX 580 8GB's at $225-250+ and or predictions on when RTX 30xx series stock will lighten up?

  Tough call.

  I could be the market for them.

we know market is hot 🥵.

How long does it stay hot?

neither of us knows.

I have a space available for 400 amps of 240 = around 80kwatts .

So do I go slow not rush to get gear from a guy like you.

Hope crash and burn. Hope for 3060ti or 3080.

or be aggressive and grab 100 cards from a guy like you.

Descisions.

[Metroid]

right now is a good time to sell used gpus, i would not pass this opportunity.

[Meteorite777]

Anyone else thinking of dumping hardware at these prices? I've got a modest farm of around 7-8 GH/s and once I saw RX 580's break $200 I started listing them on ebay. I've sold around 30-40 so far atleast between $200, 225, and 250. I see new ones sold by Best Buy for $279.99 on ebay so I could see getting up around there but I can't imagine going much higher. Not to mention my cards are all unbranded chinese "Ethecoin" manufactured.

I just figured at $200+ you can flip 2 x 580's into 1 x 3060Ti for the same hash at half the power consumption when stock comes available within the next few months (hopefully?). I was thinking I could sit on the cash for a few months but if it's any longer it is probably smarter to just keep the cards with ROI currently at 6-7 months. Any one else got opinions on selling RX 580 8GB's at $225-250+ and or predictions on when RTX 30xx series stock will lighten up?

That's a decent farm you've got! How many GPUs? What's your ETH payout per week?

I have 1.4 GH/s and my payout last week was around .642 ETH.

You might have to wait a while to get replacement GPU cards. And how much longer can you mine ETH?

I am also tempted to get rid of my cards but they are heating the house. I don't want to wait too long though because GPU stock could be replenished and then used prices will drop accordingly.

I have a few questions:

1. Did you reflash the RX580 cards to stock when you sold them?
2. Which shipping carrier do you use?
3. Are you advertising the GPUs as being used for mining?
4. Are you listing them in bulk? Example: 20 available?
5. How much is Ebay getting as commission?
6. Any dishonest buyers claiming the cards are not working? I heard that EBAY usually sides with the buyer.

I might try Facebook Marketplace instead.

Let me know.

Thanks!

I actually mined into Bitcoin not ETH direct and have sold most of it off every month. Much easier on accounting and the sanity (I had start-up costs to pay; my electrician just cashed a 5k check for my 3ph infrastructure). I also sold off a good chunk around 10k BTC/USD so I don't really have reserves but am comforted in that I won't lose my gear during a flash crash either. Mining is sort of my hedge/safety net in the crypto space when compared to margin trading.

In any case here are the answers to your questions:

1) No I keep them flashed; but I usually run a stress test through 3dMark TimeSpy to make sure it can handle gaming loads as well (sometimes I omit this if selling bulk to a miner, knowing they were pulled from my deployment but I make sure to if going to a gamer.)
2) I ship through USPS Priority Mail
3) I am unabashedly advertising them as mining cards; "Mining" is in my username and I mention that they are already flashed and ready to go and post a hashrate screenshot in my listing.
4) I am listing them in batches of 12-20 yes. 10 just sold @ 250 this morning; averaging 2-10 a day in sales lately.
5) Ebay normally takes 10% commission and paypal takes 3.5% or so. I pay $30/month for an Ebay Store Subscription which knocks down the fee category for certain items. For GPUs it brings it down to 6.5% from 10% commission. Whether the $30/month is worth saving 3.5% on your gross revenue depends on your volume. For me it was obvious.
6) I have had a return or two; it seemed like buyers remorse but the guy said he "didn't have enough power or CPU" for it to work. Not sure if user error or BIOS issue but it worked when I got it back. Paypal will usually side with the buyer yes. You are welcome to record down serial numbers.

[Meteorite777]

Anyone else thinking of dumping hardware at these prices? I've got a modest farm of around 7-8 GH/s and once I saw RX 580's break $200 I started listing them on ebay. I've sold around 30-40 so far atleast between $200, 225, and 250. I see new ones sold by Best Buy for $279.99 on ebay so I could see getting up around there but I can't imagine going much higher. Not to mention my cards are all unbranded chinese "Ethecoin" manufactured.

I just figured at $200+ you can flip 2 x 580's into 1 x 3060Ti for the same hash at half the power consumption when stock comes available within the next few months (hopefully?). I was thinking I could sit on the cash for a few months but if it's any longer it is probably smarter to just keep the cards with ROI currently at 6-7 months. Any one else got opinions on selling RX 580 8GB's at $225-250+ and or predictions on when RTX 30xx series stock will lighten up?

  Tough call.

  I could be the market for them.

we know market is hot 🥵.

How long does it stay hot?

neither of us knows.

I have a space available for 400 amps of 240 = around 80kwatts .

So do I go slow not rush to get gear from a guy like you.

Hope crash and burn. Hope for 3060ti or 3080.

or be aggressive and grab 100 cards from a guy like you.

Descisions.

I too have space for over 80kw; I've commited to a 2 year lease at my space just starting in November; so I need some volume of cards to make the rent worth it and pay for overhead etc. On one hand I would hate to find myself with a trove of used offbranded RX580's that plummet 50% in value when 30xx stock loosens up; but would also hate to find myself with an empty office for months while ETH continues to sky-rocket.

As you say nobody knows; I feel like an older person burned from the Great Depression of 2018 hiding money in the walls and under the mattress I just know that 580's will have to be dumped sooner or later so I figured I'd hedge by starting now, with the culmination of the bull market and new generation tech.

[bitquad]

Anyone else thinking of dumping hardware at these prices? I've got a modest farm of around 7-8 GH/s and once I saw RX 580's break $200 I started listing them on ebay. I've sold around 30-40 so far atleast between $200, 225, and 250. I see new ones sold by Best Buy for $279.99 on ebay so I could see getting up around there but I can't imagine going much higher. Not to mention my cards are all unbranded chinese "Ethecoin" manufactured.

I just figured at $200+ you can flip 2 x 580's into 1 x 3060Ti for the same hash at half the power consumption when stock comes available within the next few months (hopefully?). I was thinking I could sit on the cash for a few months but if it's any longer it is probably smarter to just keep the cards with ROI currently at 6-7 months. Any one else got opinions on selling RX 580 8GB's at $225-250+ and or predictions on when RTX 30xx series stock will lighten up?

That's a decent farm you've got! How many GPUs? What's your ETH payout per week?

I have 1.4 GH/s and my payout last week was around .642 ETH.

You might have to wait a while to get replacement GPU cards. And how much longer can you mine ETH?

I am also tempted to get rid of my cards but they are heating the house. I don't want to wait too long though because GPU stock could be replenished and then used prices will drop accordingly.

I have a few questions:

1. Did you reflash the RX580 cards to stock when you sold them?
2. Which shipping carrier do you use?
3. Are you advertising the GPUs as being used for mining?
4. Are you listing them in bulk? Example: 20 available?
5. How much is Ebay getting as commission?
6. Any dishonest buyers claiming the cards are not working? I heard that EBAY usually sides with the buyer.

I might try Facebook Marketplace instead.

Let me know.

Thanks!

I actually mined into Bitcoin not ETH direct and have sold most of it off every month. Much easier on accounting and the sanity (I had start-up costs to pay; my electrician just cashed a 5k check for my 3ph infrastructure). I also sold off a good chunk around 10k BTC/USD so I don't really have reserves but am comforted in that I won't lose my gear during a flash crash either. Mining is sort of my hedge/safety net in the crypto space when compared to margin trading.

In any case here are the answers to your questions:

1) No I keep them flashed; but I usually run a stress test through 3dMark TimeSpy to make sure it can handle gaming loads as well (sometimes I omit this if selling bulk to a miner, knowing they were pulled from my deployment but I make sure to if going to a gamer.)
2) I ship through USPS Priority Mail
3) I am unabashedly advertising them as mining cards; "Mining" is in my username and I mention that they are already flashed and ready to go and post a hashrate screenshot in my listing.
4) I am listing them in batches of 12-20 yes. 10 just sold @ 250 this morning; averaging 2-10 a day in sales lately.
5) Ebay normally takes 10% commission and paypal takes 3.5% or so. I pay $30/month for an Ebay Store Subscription which knocks down the fee category for certain items. For GPUs it brings it down to 6.5% from 10% commission. Whether the $30/month is worth saving 3.5% on your gross revenue depends on your volume. For me it was obvious.
6) I have had a return or two; it seemed like buyers remorse but the guy said he "didn't have enough power or CPU" for it to work. Not sure if user error or BIOS issue but it worked when I got it back. Paypal will usually side with the buyer yes. You are welcome to record down serial numbers.

Thanks for the feedback.

I mined Ethereum mostly and for a short period zcash. Glad I stopped with zcash because it has gone nowhere. I never converted anything to cash. Fortunately I was able to fund the equipment and electrical out of pocket. The crypto prices were too depressed later in 2018 - present for me to have a motivation to convert to cash. My mindset is I'd rather hold crypto and see it go to zero than sell at a lower price and see it go to the moon. I also did not bother trading much though I could have had significant gains if I knew when to buy and sell. The thing is it is easy in hindsight to see it but you just never know which way things will go. A lot of luck is involved imo.

[rednoW]

rumours 3070ti to have 320 bit gddr6x 8gb (like 3080) and 3080 super to have 384 bit gddr6x (like 3090). Any thoughts? 

[arielbit]

rumours 3070ti to have 320 bit gddr6x 8gb (like 3080) and 3080 super to have 384 bit gddr6x (like 3090). Any thoughts?  

this 3070ti will be better than 3080 if that the case, less power consumed less hot..and we know there is an issue about the temps of those gddr6x.

3080 super will be like 3080 super "hot" LOL ...hmm this will do above 100MH if that's the case. and since it will be cheaper than 3090 and will be x3 of 1080ti at least in mining algos..that's irresistible for an upgrade.

[ManuBBXX]

rumours 3070ti to have 320 bit gddr6x 8gb (like 3080) and 3080 super to have 384 bit gddr6x (like 3090). Any thoughts?  

this 3070ti will be better than 3080 if that the case, less power consumed less hot..and we know there is an issue about the temps of those gddr6x.

3080 super will be like 3080 super "hot" LOL ...hmm this will do above 100MH if that's the case. and since it will be cheaper than 3090 and will be x3 of 1080ti at least in mining algos..that's irresistible for an upgrade.

If 3070ti has ddr6x, the problem of mem temps too hot remains here too no ?

[Metroid]

If 3070ti has ddr6x, the problem of mem temps too hot remains here too no ?

yes.

[arielbit]

rumours 3070ti to have 320 bit gddr6x 8gb (like 3080) and 3080 super to have 384 bit gddr6x (like 3090). Any thoughts?  

this 3070ti will be better than 3080 if that the case, less power consumed less hot..and we know there is an issue about the temps of those gddr6x.

3080 super will be like 3080 super "hot" LOL ...hmm this will do above 100MH if that's the case. and since it will be cheaper than 3090 and will be x3 of 1080ti at least in mining algos..that's irresistible for an upgrade.

If 3070ti has ddr6x, the problem of mem temps too hot remains here too no ?

yes, but you have to consider the whole gpu, if the cores of 3070ti are less hot then it will affect the gddr6x because they are in the same board, and for the whole mining room it is less hot too.

[Seph213]

Would make no sens to make the 3070TI better than 3080’s . Specially for cheaper price .

Also with the price hike coming up due to tarifs between china and usa gpu’s won’t be cheap to buy .

Who ever got themselves gpu’s , mb’s and ssd’s will be happy they got in early

[Metroid]

Would make no sens to make the 3070TI better than 3080’s . Specially for cheaper price .

Also with the price hike coming up due to tarifs between china and usa gpu’s won’t be cheap to buy .

Who ever got themselves gpu’s , mb’s and ssd’s will be happy they got in early

on paper will be cheaper but we know it will not ehhe

[Amph]

In the United States, there was a farm for mining Ethereum, consisting of 78 GeForce RTX 3080 video cards produced by PNY, it took more than $100,000 while the profit can be $128,000 per year, consumes about 24 KW of power.
https://www.techarp.com/computer/crypto-mining-78-rtx-3080/

roi should be better with 3060ti at 60mh and 120watt each

[philipma1957]

 eth is now paying 8.38 cents a th. or 95 x 8.38 = 7.96 a day for the 3080. 810 for them

My 3060ti is making 5.02 a day. I paid  512? for it.


so 810/7.96 = 101.75 days

and 512/5.02 = 101.99 days

my power deal is 1/2 the coins


which means my roi is

203.50 days for the 3080
203.98 days for the 3060ti

My host is making out like a bandit on this power deal.  But my host is letting me run s9's and he loses a few cents on them.  While I get 1/2 the coins.

It is a balance.

back to above.

if the 3080 pulls 230 watts
it is 5.52 kwatts a day

if the 3060ti pulls 130 watts like mine does it is 3.12 kwatts


say 10 cent power.

55.2 cents to run the 3080.  so 7.96- .552 = 7.408.  that is 810/7.408 = 109.34 days

31.2 cents to run the 3060ti and 5.02 - .312 = 4.708 that is 512/4.708 = 108.75 days

so at 10 cent power or higher the 3060ti is better.

but that is at my costs which were markups.

769 = 810 on my 3080

479 = 512 on my 3060ti

good deals since fucking eth is whaling.

[Metroid]

eth is now paying 8.38 cents a th. or 95 x 8.38 = 7.96 a day for the 3080. 810 for them

My 3060ti is making 5.02 a day. I paid  500? for it.

I hope you are selling, profits you take when you sell, not sure how long these profits will stay like this.

[arielbit]

Would make no sens to make the 3070TI better than 3080’s . Specially for cheaper price .

Also with the price hike coming up due to tarifs between china and usa gpu’s won’t be cheap to buy .

Who ever got themselves gpu’s , mb’s and ssd’s will be happy they got in early

it can be better for mining memory intensive algos for efficiency and temps but for gaming 3080 is still better in performance.

[philipma1957]

eth is now paying 8.38 cents a th. or 95 x 8.38 = 7.96 a day for the 3080. 810 for them

My 3060ti is making 5.02 a day. I paid  500? for it.

I hope you are selling, profits you take when you sell, not sure how long these profits will stay like this.

I mine

BTC
LTC
DOGE
ETH

I sold enough to have zero debt everything is paid off.

I sold enough to have some cash laying around.

I am holding

some
BTC
DOGE
LTC

I sell all the eth.

[bigblind]

Arent 5700 XTs the way to go? Whern optimized, theyre doing 55 Mh at about 90w.

[rdluffy]

Arent 5700 XTs the way to go? Whern optimized, theyre doing 55 Mh at about 90w.

Never seen any 5700xt consuming 90w, my best 5700XT uses 105w at software and 130w ~ 135w at the wall, and I achieve 54Mhs without bios mod
With bios mod I can do 56Mhs but with more power consumption

5600XT use 90w at software and 100w at the wall - 40Mhs or 43 bios modded

3060tis = 61Mhs - 140w at the wall
3070 = the same as 3060ti

3080 = 95Mhs to 100Mhs with 250w at the wall

All the cards are good choice right now