Bitbtc8 (OP)
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August 17, 2021, 01:44:04 PM |
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Why are people buying numbers of 3070 GPUs when they have get 60mh for less dollars? A good example is 3070 61MH @ 1250-1500$ VS 2x GTX1660 Super 62MH @ 880$, tell me which one will give you ROI faster or is there something I don't get here? I have a 3070 but I don't plan on buying more, their ROI is way longer ( 9 to 12 months)
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batsonxl
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August 17, 2021, 01:50:03 PM |
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Yes unfortunately you cant explain it to people. I tried and now ive being hated from 2 of my friends. I think it is fomo buying thing
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Gorosden
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August 17, 2021, 02:21:03 PM |
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That's correct 😌 actually many don't care and some don't really understand, they thought the bigger the card the better for mining, imagine someone telling you that latest GPU architecture are the best for mining lol, people like learning the hardest ways
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TheMimic1
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August 17, 2021, 02:44:37 PM |
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Higher end GPUs are only good if you can get them at MSRP or a bit higher than MSRP, anything higher will only make your return of investment longer, this is why I bought two Vega 56 GPUs at 600$ each and they are very close to 50MH per GPU drawing 115watts per card, sometimes it takes calculations to get the best for your dollar before buying GPUs
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flip4flop
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August 17, 2021, 03:45:21 PM |
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Its frustrating to see people snatch up expensive cards when they could easily make more with less but some of it's due to simple availability and people not wanting to wait to get in now. People rarely look at anything other than the highest-priced card. Going even further by finding the best OC settings across various cards it is very easy to find which cards are also the most energy-efficient. When we are competing with rising electric rates this becomes just as important as hashrate. Finding the best balance between hashrate and efficiency is key in staying profitable.
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eschades
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August 17, 2021, 04:30:13 PM |
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> 2x GTX1660 Super 62MH @ 880$ Where are you seeing these prices?
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Metroid
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Xtreme Monster
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August 17, 2021, 05:03:30 PM |
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> 2x GTX1660 Super 62MH @ 880$ Where are you seeing these prices? Where I live 1660 super are being sold for 600 usd each, 3070 for 2000 usd, to me whoever buys these gpus for prices like will lose big when the times comes, in my case is better be safe than sorry, for those people, better be not safe than sorry ehhe Keep buying trolls,idiots, people with more money than sense and son on for 5 to 10x the msrp and then do not worry there will be lot of people to buy your gpus for 50% to 70% lower than msrp later on hehe
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eschades
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August 17, 2021, 05:26:00 PM |
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> 2x GTX1660 Super 62MH @ 880$ Where are you seeing these prices? Where I live 1660 super are being sold for 600 usd each Me too. Agree if I could get 1660 supers for $300 I would buy them all.
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Synerggy
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> 2x GTX1660 Super 62MH @ 880$ Where are you seeing these prices? Where I live 1660 super are being sold for 600 usd each, 3070 for 2000 usd, to me whoever buys these gpus for prices like will lose big when the times comes, in my case is better be safe than sorry, for those people, better be not safe than sorry ehhe Keep buying trolls,idiots, people with more money than sense and son on for 5 to 10x the msrp and then do not worry there will be lot of people to buy your gpus for 50% to 70% lower than msrp later on hehe I invest in GPUs to avoid inflation, in my country we don't spend dollars and our currency is falling hard, keeping cash will keep ruining everything for me so I buy GPUs for mining and I'm making the money back, this time turning them into USDT, just because people buy expensive GPUs doesn't mean they put in all the money they have, if bear market comes I'm ready to buy 800MH more cos I have the money
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Bitfort
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August 17, 2021, 08:56:39 PM |
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I think of various reasons.
1 - Mobos limited amount of pci-e slots. Some might prefer having a single rig with higher hashrate due to limited space, power, w/e Thus single PSU,Mobo,RAM,CPU + 6 x 3070 rather than or two PSU,Mobo,RAM,CPU + 12 x 1660
2 - Efficiency single 3070 take less wattage than two 1660 (not sure about this).
3 - Not for a dedicated mining rig. Purchasing single GPU to add into older PC with just two pci-e while keeping the old GPU as display device for daily use.
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HashingTower
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August 18, 2021, 06:11:42 AM |
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I think of various reasons.
1 - Mobos limited amount of pci-e slots. Some might prefer having a single rig with higher hashrate due to limited space, power, w/e Thus single PSU,Mobo,RAM,CPU + 6 x 3070 rather than or two PSU,Mobo,RAM,CPU + 12 x 1660
2 - Efficiency single 3070 take less wattage than two 1660 (not sure about this).
3 - Not for a dedicated mining rig. Purchasing single GPU to add into older PC with just two pci-e while keeping the old GPU as display device for daily use.
No you are wrong, with T-rex and absolute core clock features your 1660 won't take more than 50+ watt and still delivers 30MH per second, this is on par with a rtx3060ti or 3070, can even be better if you are lucky on silicon lottery
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HashingTower
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August 18, 2021, 06:21:06 AM |
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> 2x GTX1660 Super 62MH @ 880$ Where are you seeing these prices? Where I live 1660 super are being sold for 600 usd each, 3070 for 2000 usd, to me whoever buys these gpus for prices like will lose big when the times comes, in my case is better be safe than sorry, for those people, better be not safe than sorry ehhe Keep buying trolls,idiots, people with more money than sense and son on for 5 to 10x the msrp and then do not worry there will be lot of people to buy your gpus for 50% to 70% lower than msrp later on hehe Are you from Africa? Cos that's the exact amount a gtx1660 super is been sold in Africa, the only place you can find a 1660 super for 400+ is in China through Chinese wholesalers
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HardCore12V
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August 18, 2021, 07:07:23 AM |
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There is also something about non expensive GPUs
1. You will need more risers 2. You will need more motherboards with enough pcie slots 3. More power supplies
And all this will cost you more electricity consumptions, some people intentionally invest on bigger cards to avoid all this
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Skinny48
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August 18, 2021, 08:59:48 AM |
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Yes high end GPUs are costly but they are built in just few numbers, having two 3060ti will give you 120MH with less heat and less space to run them compare to buying 5-6 gtx1660 to achieve same hashrate which will cost you some numbers of risers and also spaces and also more heats
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eschades
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August 18, 2021, 04:21:57 PM |
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Of course there is more density at the higher-end GPUs -- but the *hardware* cost per Mh/Th is almost 5x different...saving even 10% in power/density costs is swamped by the initial cost difference.
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Pendrak
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August 18, 2021, 05:55:13 PM |
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Yes high end GPUs are costly but they are built in just few numbers, having two 3060ti will give you 120MH with less heat and less space to run them compare to buying 5-6 gtx1660 to achieve same hashrate which will cost you some numbers of risers and also spaces and also more heats
False With the new NBMiner update, the 3060 ti card was able to hit 40.5MH/s. That's a 35% improvement over the 3060 Ti LHR's standard hashrate of 30MH/s. How you get 120 MH with 2 3060 ti? Do you ppl check how much the Nvidia with LHR cards produce RVN? thats the key why this happening. https://www.kryptex.org/en/best-gpus-for-mining
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Metroid
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August 18, 2021, 06:15:57 PM |
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With the new NBMiner update, the 3060 ti card was able to hit 40.5MH/s. That's a 35% improvement over the 3060 Ti LHR's standard hashrate of 30MH/s.
lolminer was the first to partially unlock lhr gpus, probably nbminer used the same approach lolminer used.
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Ramsete2
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August 18, 2021, 06:23:21 PM |
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Yes high end GPUs are costly but they are built in just few numbers, having two 3060ti will give you 120MH with less heat and less space to run them compare to buying 5-6 gtx1660 to achieve same hashrate which will cost you some numbers of risers and also spaces and also more heats
False With the new NBMiner update, the 3060 ti card was able to hit 40.5MH/s. That's a 35% improvement over the 3060 Ti LHR's standard hashrate of 30MH/s. How you get 120 MH with 2 3060 ti? Do you ppl check how much the Nvidia with LHR cards produce RVN? thats the key why this happening. https://www.kryptex.org/en/best-gpus-for-miningThere are also 3060ti not LHR…
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FP91G
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August 18, 2021, 08:12:26 PM |
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Why are people buying numbers of 3070 GPUs when they have get 60mh for less dollars? A good example is 3070 61MH @ 1250-1500$ VS 2x GTX1660 Super 62MH @ 880$, tell me which one will give you ROI faster or is there something I don't get here? I have a 3070 but I don't plan on buying more, their ROI is way longer ( 9 to 12 months)
This is highly dependent on the prices of the video cards in the store and their availability for sale. And in other countries, the prices and availability of video cards are different. If the price of 2x1660 and 1x3070 is the same, then it is better to buy a more modern card, which will be relevant for many future mining algorithms.
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fmz89
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August 19, 2021, 04:49:20 AM |
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Why are people buying numbers of 3070 GPUs when they have get 60mh for less dollars? A good example is 3070 61MH @ 1250-1500$ VS 2x GTX1660 Super 62MH @ 880$, tell me which one will give you ROI faster or is there something I don't get here? I have a 3070 but I don't plan on buying more, their ROI is way longer ( 9 to 12 months)
assuming eth break 10k and they holding the earning from now on, thats should be profit and roi at the same time, under 3 months, thats why ppl still buying gpus betting same things happen in the future, altseason is coming that for sure
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