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Author Topic: GPU miners still buying cards?  (Read 453 times)
OasisDre
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June 03, 2021, 03:40:53 PM
 #21

the 3070ti and 3080ti come out today.

they are crippled for mining eth.

so maybe don't buy cards for a while.


the NewEgg Shuffle is all 3080ti's

https://www.newegg.com/product-shuffle
Years ago we really have some professional modders that can make quadro cards works like normal gtx970 or so with just normal driver modding why is this difficult today? I don't know why Nvidia is doing all this when GPU mining is the main reason they are selling hard

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June 03, 2021, 04:14:15 PM
 #22

the 3070ti and 3080ti come out today.

they are crippled for mining eth.

so maybe don't buy cards for a while.


the NewEgg Shuffle is all 3080ti's

https://www.newegg.com/product-shuffle
I saw yesterday mining tests of the new 3080ti video card.
Ethereum - 65MH
But other algorithms: MTP, Octopus, CuckooCycle, Cuckaroo29s give an increase of + 12-22% to the hash rate.
The 3080ti will be an even more popular graphics card among miners.

This is not a miner, this is an avid gamer according to Nvidia

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btcshiner
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June 03, 2021, 04:51:37 PM
 #23




[/quote]

Did Nvidia forget that you can't sli those cards?  That's not an avid gamer it's a miner or a reseller lol

Prices have tanked on stockx for 3070's.......
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June 03, 2021, 05:01:25 PM
Last edit: June 03, 2021, 05:23:06 PM by fmz89
 #24

Anyone still buying new GPUs on here? What's the actual price you are buying lately? I heard rtx3080ti and 3070ti are in the way, would make lots of sense if there is a way to get for MSRP or not too far from MSRP, right now I expect GPU demand to be lower compare to past months or am I wrong?

Yep, since I only buy RTX-3070's for $500, I buy all day long (NOT)


I only buy RTX cards, all else are now obsolete, people are now asking $2,000 for a $500 card and most of the time they are used with no warranty.

Now is the time to take  up a new hobby. Since I can no longer mine ETH with cards less than 5gb I use them to hack bitcoin.

Now the creeps have done the same thing to hard-disks, they have gone up 4x, and the ones you can buy are already dead 50% of the time.
hdd doesnt up to much, on my country still msrp, gatcha system on hdd mining and long time plotting, versus so many file hosting provider, make chia looks terible for mining

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June 03, 2021, 08:20:56 PM
Merited by Lucky - Luciano (1)
 #25

Look at the video art specifications in the pictures, because they won't be available in stores Grin

gigabyte
https://videocardz.com/press-release/gigabyte-launches-geforce-rtx-3080-ti-rtx-3070-ti-aorus-vision-eagle-and-gaming-cards
inno3d
https://videocardz.com/press-release/inno3d-announces-rtx-3080ti-3070ti-ichill-frostbite-ichill-x3-x4-and-x3-oc-series
colorful
https://videocardz.com/press-release/colorful-announces-rtx-3080-ti-and-rtx-3070-ti-igame-vulcan-advanced-and-battleax-series
asus
https://videocardz.com/press-release/asus-announces-geforce-rtx-3080-ti-and-rtx-3070-ti-rog-strix-lc-and-tuf-series
zotac
https://videocardz.com/press-release/zotac-announces-geforce-rtx-3080-ti-and-rtx-3070-ti-amp-holo-and-trinity-series
gainward
https://videocardz.com/press-release/gainward-launches-geforce-rtx-3080-ti-and-rtx-3070-ti-phoenix-series
msi
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June 04, 2021, 03:51:50 AM
 #26




Seems pretty risky walking around carrying those around with you. Any reason why in the world he just didn't put them in a large cardboard box or at the very least take a taxi. The guy spend like what $10K on GPUs and can't afford a $25 taxi ride and instead takes the train with GPUs out in the open like that?

Wondering if this is a fake pic or not.

This is why many people who buy Apple products they take it out of the Apple store bag and put it in some generic bag if they are taking the subway or bus. Carrying around an Apple store bag can make you can easy target since they are very easily resold and hold their value well.

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June 04, 2021, 05:08:31 AM
 #27

Seems pretty risky walking around carrying those around with you. Any reason why in the world he just didn't put them in a large cardboard box or at the very least take a taxi. The guy spend like what $10K on GPUs and can't afford a $25 taxi ride and instead takes the train with GPUs out in the open like that?
I can offer 2 cases: 1. Police works fine, no more criminality. 2. Anyone can allow himself to buy 10-15 RTX3070.  Smiley
In any case, this city is a nice place. Smiley

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Balladtony77
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June 04, 2021, 06:09:55 AM
 #28

A RTX3080Ti doing 65MH for ETH mining sucks, I won't be buying this cards if this is all they can do, the normal 3080 and 3070 are lot better but if I could get at MSRP price then no worries lol 🤣 yea I'm in

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June 04, 2021, 07:02:39 PM
Merited by adaseb (1)
 #29

A RTX3080Ti doing 65MH for ETH mining sucks, I won't be buying this cards if this is all they can do, the normal 3080 and 3070 are lot better but if I could get at MSRP price then no worries lol 🤣 yea I'm in
Look at the tests of these video cards on other algorithms. Profit 7-8 dollars per day. They are much better than the PTX 3080.
Ethereum may change the algorithm next year.
In Europe, they were sold for $ 1,700, and I bought a boo for that price. In Russia, now their price is about $ 3,000 from hucksters.
These video cards are not available in stores.

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badbart
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June 04, 2021, 07:34:35 PM
 #30

A RTX3080Ti doing 65MH for ETH mining sucks, I won't be buying this cards if this is all they can do, the normal 3080 and 3070 are lot better but if I could get at MSRP price then no worries lol 🤣 yea I'm in
Ethereum may change the algorithm next year.

To progpow?  I though the algo change was dead?
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June 04, 2021, 09:29:16 PM
 #31

A RTX3080Ti doing 65MH for ETH mining sucks, I won't be buying this cards if this is all they can do, the normal 3080 and 3070 are lot better but if I could get at MSRP price then no worries lol 🤣 yea I'm in
Ethereum may change the algorithm next year.

To progpow?  I though the algo change was dead?

This is going on from a long time now but this time it seems like they are serious about it and even write different things about where they are with it.I hope it takes as long as possible to change the algo because if they change soon,massive hashrate with flow to Ravencoin and Ethereum Classic thus making these coins worthless for profitability.They are doing fine right now so the longer it takes the happier are all the miners and not only those mining Ethereum.I am mining Ethereum and the difficulty increase can be seen day by day,means a lot of new devices are added to the network daily.I am also mining Ravencoin so I am in the best situation possible in mining by mining Ethereum,Ethereum Classic and Ravencoin and I only hope the algo change happen the furthest the possible.

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June 05, 2021, 12:21:46 PM
 #32

A RTX3080Ti doing 65MH for ETH mining sucks, I won't be buying this cards if this is all they can do, the normal 3080 and 3070 are lot better but if I could get at MSRP price then no worries lol 🤣 yea I'm in
Ethereum may change the algorithm next year.

To progpow?  I though the algo change was dead?
All GPU miners would be happy if Ethereum changed their algorithm to progpow.
Hardfork London, which will be in about 50 days, will be the last preparation for the change to the POS algorithm
After that, due to eip 1559, miners will have a decrease in profit, because part of the commissions will be burned.

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June 05, 2021, 02:57:25 PM
 #33

A RTX3080Ti doing 65MH for ETH mining sucks, I won't be buying this cards if this is all they can do, the normal 3080 and 3070 are lot better but if I could get at MSRP price then no worries lol 🤣 yea I'm in
Ethereum may change the algorithm next year.

To progpow?  I though the algo change was dead?
All GPU miners would be happy if Ethereum changed their algorithm to progpow.
Hardfork London, which will be in about 50 days, will be the last preparation for the change to the POS algorithm
After that, due to eip 1559, miners will have a decrease in profit, because part of the commissions will be burned.

Fees will lower and if Eth jumps to 5-7k a coin miners will earn the same amount of fiat.

This is philipma1957 alt. Do not conduct business  with this account
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June 05, 2021, 05:11:18 PM
 #34

Fees is not effecting eth price. For person who has 40000ETH paying 20-40$ fee is nothing. It is expensive for miners and small traders. It depends all in BTC. if it crashes all crashes. if it goes up all goes up. BTC is father of all coins because it has most dominance. It will be different if eth has bigger dominance than BTC but now it hasnt.
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June 05, 2021, 05:31:54 PM
 #35

Fees is not effecting eth price. For person who has 40000ETH paying 20-40$ fee is nothing. It is expensive for miners and small traders. It depends all in BTC. if it crashes all crashes. if it goes up all goes up. BTC is father of all coins because it has most dominance. It will be different if eth has bigger dominance than BTC but now it hasnt.


You can believe what you want but you are ignoring how fees affect trading and demand.

Sure a guy with a 50 coin move does not care if he pays 100 usd to move 50 coins.

So much volume is on defi and people are tired of moving 500 usd worth of what ever and paying 100.

So my guess is just as likely to be wrong rather than right but 2 dollar fees will mean lots of 500 usd trades and moves.

Which could raise price.

So if the fee drop moves price to 5k or 6k or 7k  mining profit is good.

Let me say at the moment viabtc is paying 115% on a block

only 15% fee.

When we were hot we were at 231% a 131% fee. this is not going to work long term it will kill trading.

Many are waiting for fees to drop and will trade more.

To give an example I can take 100 usdt on binance.us and trade it back and forth for ltc and in 1 day do 1000 trades making a lot of volume
If I did it with certain eth and DeFi coins fees would eat the trades up and I would do under 25 trades. making less volume.


Now My point is lower fees may rally eth price.  I never said they will.

You are staying that lower fees won't rally eth price.  The only way you can be sure of that is if you have time travel solved.

 Grin

But you could be correct.

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June 05, 2021, 07:22:16 PM
 #36

Listening to The Lex Friedman and Vitalik talk about ethereum for 3 hours.   He basically confirms that realistically proof of stake late 2021 maybe early 2022.

With that news I shall go looking for more cheap gpus.  Knowing that I will not find any very quickly if at all.  The hunt continues.
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June 05, 2021, 07:43:42 PM
 #37

Fees is not effecting eth price. For person who has 40000ETH paying 20-40$ fee is nothing. It is expensive for miners and small traders. It depends all in BTC. if it crashes all crashes. if it goes up all goes up. BTC is father of all coins because it has most dominance. It will be different if eth has bigger dominance than BTC but now it hasnt.


You can believe what you want but you are ignoring how fees affect trading and demand.

Sure a guy with a 50 coin move does not care if he pays 100 usd to move 50 coins.

So much volume is on defi and people are tired of moving 500 usd worth of what ever and paying 100.

So my guess is just as likely to be wrong rather than right but 2 dollar fees will mean lots of 500 usd trades and moves.

Which could raise price.

So if the fee drop moves price to 5k or 6k or 7k  mining profit is good.

Let me say at the moment viabtc is paying 115% on a block

only 15% fee.

When we were hot we were at 231% a 131% fee. this is not going to work long term it will kill trading.

Many are waiting for fees to drop and will trade more.

To give an example I can take 100 usdt on binance.us and trade it back and forth for ltc and in 1 day do 1000 trades making a lot of volume
If I did it with certain eth and DeFi coins fees would eat the trades up and I would do under 25 trades. making less volume.


Now My point is lower fees may rally eth price.  I never said they will.

You are staying that lower fees won't rally eth price.  The only way you can be sure of that is if you have time travel solved.

 Grin

But you could be correct.
I also want to see 5k-6k but i think it is not possible right now. We allready seen the top. to get there back is very difficult. In the market 1st shares holds strong hands now it looks like weaker hands holding shares and they will not last long. Im not expert just researching lately alot and would like to understand this whole mess.thats why i said fees will not effect eth price. Big holders they dont care fee price small traders also know ways to transfer with low fees. Fee issue is solved allready thats why there is TRC-20 network.
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June 07, 2021, 03:14:31 AM
 #38

the 3070ti and 3080ti come out today.

they are crippled for mining eth.

so maybe don't buy cards for a while.


the NewEgg Shuffle is all 3080ti's

https://www.newegg.com/product-shuffle
Years ago we really have some professional modders that can make quadro cards works like normal gtx970 or so with just normal driver modding why is this difficult today? I don't know why Nvidia is doing all this when GPU mining is the main reason they are selling hard

Well the reason is that 'gamers' are the 'marketed' reason for the GPU boards, they're essentially designed to game, that why they have 3-6 HDMI ports on the card; Right now the gamers are pissed, they can't find a GPU on earth at any price, the miners don't care because they only  see ROI; So essentially the entire hobby, and the entire food-chain of developers of games goes on hold, which means that an entire multi-billion USD industry is destroyed. Certainly would have been better if some six years ago that NVIDIA just came out of 'gpu mining' cards but they didn't they stayed with the gaming roots.

Now everybody is pissed off at NVIDA,

Of course intentionally crippling cards is really bad business, this is going to hurt the gamers eventually as they cards will have no value, so the upgrade path for gamers will essentially be destroyed, its almost like the US-GOV is making decisions for NVIDIA, I mean its that incompetent, like as if FAUCCI ran NVIDIA at night after managing COVID by day.
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June 07, 2021, 03:20:26 AM
 #39

Listening to The Lex Friedman and Vitalik talk about ethereum for 3 hours.   He basically confirms that realistically proof of stake late 2021 maybe early 2022.

With that news I shall go looking for more cheap gpus.  Knowing that I will not find any very quickly if at all.  The hunt continues.

Two biggest whales lecture you why its terrible to be a whale, all the while POS moves on which gives the whales more power over the sheep (POW ppl); Vitalik is a Oligrach, but he likes to play the Musk came of 'I'm one of u little ppl'

POS, or "Proof of Snake", is a scam so that only the rich whales control crypto, this is not what got crypto off the ground to begin with.

Of course a rich mans greatest fear is losing he wealth, so POS is an expected outcome of the kleptocracy known as crypto

Lastly, almost everyday I google 'rtx gpu' and I find nothing, not even here in ASIA, nothing, even alibaba china, has no stock, even for garbage gtx-1070 clones, nada;

In some ways perhaps ETH taking out the profit ( ETH gains drop +50% in a month ), does some good takes the ROI off the table, so the prices must come down.
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