geck
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December 06, 2020, 06:24:25 PM |
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Cannot get to that ROI. At ~2usd/day for 61 mhs, I get ~8 months ROI. Without electric cost. What am I missing? You aren't missing anything, he is just playing with "house money". You are correct, his breakeven point on his new cards are about as you've calculated. Even though he has other rigs to pay it off, the breakeven time of the additional capital deployed has to be calculated based on the incremental income it provides.
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philipma1957 (OP)
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Merit: 7824
'The right to privacy matters'
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December 07, 2020, 12:44:16 AM |
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Cannot get to that ROI. At ~2usd/day for 61 mhs, I get ~8 months ROI. Without electric cost. What am I missing? You aren't missing anything, he is just playing with "house money". You are correct, his breakeven point on his new cards are about as you've calculated. Even though he has other rigs to pay it off, the breakeven time of the additional capital deployed has to be calculated based on the incremental income it provides.yeah. but 100% break-even for me zero debt and all paid off = very late December. and if I had a rig you would be right way down the road. hundreds of days, When you run bigger you look overall not a rig. When I pay the tax man they ask me for all rigs combined not the 1 rig. I get to offset the rig price this year against this years earnings.
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geck
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December 07, 2020, 10:45:36 AM |
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Not telling you how you should do your calculations, but normally when deciding whether to put more capital to work (buying gpus), one has to look at the breakeven time of the additional capital deployed based on the income it achieves and not from other income streams. So the breakeven time of your new 3080 isnt in 3 months, as the other poster assumed.
It doesnt matter how many rigs one has. Even if i had hundreds of gpus making thousands of dollars, i cannot justify a 3090 as a good way to spend my mining income.
Yes the taxman cares for all your existing mining income and will tax you for any incremental income from additional gpus purchased.
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dvdjohn
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December 08, 2020, 08:00:36 AM |
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thank you for the explantation. Do you advice to buy and hold eth instead of mining it?
My advice is, if you can get gpus for msrp price then buy gpus at moment if not then buy coins, buying 3080 for 1200 usd is like buying eth for $1200 at moment. There will be no point buying eth once it reaches $1200 or higher as the risk increases. pretty much matches my advice. do not overpay more than 10% on a card poem price. a 400 usd 3060ti is worth no more than 440-460 usd a 769 usd 3080ti is worth no more than 850-860 usd Thank you guys for advices
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Metroid
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Xtreme Monster
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December 08, 2020, 09:59:53 AM |
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The 3060ti finally arrived where I live, RTX 3060 TI MSI 8GB Gaming X Trio, $700 usd, keep paying double trolls, is just getting worse and worse. I still can get 5700 for $420 no problem, any new gpus they are charging double because they know there are idiots lined up to overpay it.
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BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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mirny
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December 08, 2020, 06:08:49 PM |
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The 3060ti finally arrived where I live, RTX 3060 TI MSI 8GB Gaming X Trio, $700 usd, keep paying double trolls, is just getting worse and worse. I still can get 5700 for $420 no problem, any new gpus they are charging double because they know there are idiots lined up to overpay it.
are you normal? calling everyone all the time an idiots??? seems to me, idiot is someone else in this case.... so, calm down...
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This is my signature...
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Metroid
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Xtreme Monster
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December 09, 2020, 04:18:10 AM Last edit: December 09, 2020, 06:16:15 AM by Metroid |
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are you normal? calling everyone all the time an idiots??? seems to me, idiot is someone else in this case.... so, calm down...
So, please help me find a better word for it, maybe gpu simps would fit it quite well because we all know simps are worse than idiots, simps do because they want to do, idiots do because they dont know about what they are doing. So yeah simps are worse than idiots.
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BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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mak013
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December 09, 2020, 05:25:32 AM |
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I can get it for $550 with a piece of luck and for $650-700 easily. But even $550 is too much as for me. Possible to but, better then 3080 or 3070, but i dont ready to buy it right now.
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aclass
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December 09, 2020, 06:20:09 AM |
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How much is 3070? I did pick up a few 3060 ti-s but they are starting to go crazy around here too. I can get it for $550 with a piece of luck and for $650-700 easily. But even $550 is too much as for me. Possible to but, better then 3080 or 3070, but i dont ready to buy it right now.
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mak013
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December 09, 2020, 09:10:29 AM |
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How much is 3070? I did pick up a few 3060 ti-s but they are starting to go crazy around here too.
$780 and higher if you want right now. With some luck - $730. If you believe in yourself and dont worry about guarantee - you can get it for $700 may be, about this i dont sure but looks truthfully.
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aclass
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December 09, 2020, 09:43:00 AM |
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Without warranty - only EVGA... although lately their policies are a bit different. They don't like miners. How much is 3070? I did pick up a few 3060 ti-s but they are starting to go crazy around here too.
$780 and higher if you want right now. With some luck - $730. If you believe in yourself and dont worry about guarantee - you can get it for $700 may be, about this i dont sure but looks truthfully.
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geck
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December 09, 2020, 01:43:42 PM |
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I can get it for $550 with a piece of luck and for $650-700 easily. But even $550 is too much as for me. Possible to but, better then 3080 or 3070, but i dont ready to buy it right now.
do not let desperation take over, the moment you let then you show weakness to your own desires, do not act like simps or idiots, be firm and patiently wait your turn. the prices seem logical. if the 3060ti performs as well as the 2080super, and the 2080supers were going for £600, then the market will price it as such. so new price tiers, 3060ti £600, 3070 £700 and £1000 for 3080. These prices are what amazon uk is asking for (not third party sellers) .
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Metroid
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Xtreme Monster
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December 09, 2020, 08:40:35 PM |
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the prices seem logical. if the 3060ti performs as well as the 2080super, and the 2080supers were going for £600, then the market will price it as such. so new price tiers, 3060ti £600, 3070 £700 and £1000 for 3080. These prices are what amazon uk is asking for (not third party sellers) . Logical? if every 2 years was like you stated, then in 2 years a 5nm rtx 4060ti would be the price of a rtx 3080 which at moment is $1200 and then in 2 years a 3nm 5060ti would be the price of a rtx 4080 would be around $2000, see where this is going? in 2007 nvidia released a 8800gt which had performance of a 8800 gtx with half the price, in your concept, the 8800gt should have had the same price and that was logical? thankgod the people at that time is not like the people in this time because if the bs had started way back, then a 3060ti at moment would be 50k and yeah that for you would have been logical hehe, doubling price and performance every 2 years hehe
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BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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rdluffy
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December 09, 2020, 08:52:06 PM |
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the prices seem logical. if the 3060ti performs as well as the 2080super, and the 2080supers were going for £600, then the market will price it as such. so new price tiers, 3060ti £600, 3070 £700 and £1000 for 3080. These prices are what amazon uk is asking for (not third party sellers) . But the evolution for GPUs and hardwares in general is cheaper prices for equal of better performance of previously generation, if the price remains the same for same performance, better buy old hardwares, it's all available and already tested. I know the moment is not good due to a lot of factors that is hard to explain (scarcity, mining, gamers wanting to buy, coronavirus etc), but I always had PC and best GPUs of previously generations are equal to entry cards of next generations, and for less price.
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cryptoinvestor_x
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December 09, 2020, 09:18:14 PM |
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I came across a weird issue where I cant run a 3060ti or 3070 GPU in a windows rig. It will detect in device manager and install but both wont be recognized by the miner and Ive tried several. Worksp erfectly fine when combined with other cards though
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geck
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December 09, 2020, 09:20:13 PM |
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the prices seem logical. if the 3060ti performs as well as the 2080super, and the 2080supers were going for £600, then the market will price it as such. so new price tiers, 3060ti £600, 3070 £700 and £1000 for 3080. These prices are what amazon uk is asking for (not third party sellers) . Logical? if every 2 years was like you stated, then in 2 years a 5nm rtx 4060ti would be the price of a rtx 3080 which at moment is $1200 and then in 2 years a 3nm 5060ti would be the price of a rtx 4080 would be around $2000, see where this is going? in 2007 nvidia released a 8800gt which had performance of a 8800 gtx with half the price, in your concept, the 8800gt should have had the same price and that was logical? thankgod the people at that time is not like the people in this time because if the bs had started way back, then a 3060ti at moment would be 50k and yeah that for you would have been logical hehe, doubling price and performance every 2 years hehe Logical yes, as we are in unprecedented times, disrupted supply chains and high demand thanks to trump bucks and non stop money printing. Who knows, stranger things could happen, maybe what you postulate could be true
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Metroid
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December 09, 2020, 10:21:24 PM |
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Logical yes, as we are in unprecedented times, disrupted supply chains and high demand thanks to trump bucks and non stop money printing. Who knows, stranger things could happen, maybe what you postulate could be true Agreed, if was not trump bucks then it would have been hillary ultra bucks hehe, thankgod it was just a trump bucks hehe
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BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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mak013
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December 10, 2020, 06:28:00 AM |
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I can get it for $550 with a piece of luck and for $650-700 easily. But even $550 is too much as for me. Possible to but, better then 3080 or 3070, but i dont ready to buy it right now.
do not let desperation take over, the moment you let then you show weakness to your own desires, do not act like simps or idiots, be firm and patiently wait your turn. the prices seem logical. if the 3060ti performs as well as the 2080super, and the 2080supers were going for £600, then the market will price it as such. so new price tiers, 3060ti £600, 3070 £700 and £1000 for 3080. These prices are what amazon uk is asking for (not third party sellers) . I can agree that they are logical right now. But for me as a miner: i compare it with 1660s or 5600xt, not 2080s. And right now 5600xt is cheaper about 20% for me, counting $ per MH.
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hellscreamer
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December 10, 2020, 04:06:58 PM |
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No stock until March , just one shipment before new year and then we're in a black hole This is what I heard
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