AMD sales going good guns down to mining? - page 2.

kslavik

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Quote from: ChrisB92 on August 21, 2013, 05:19:20 AM

Agree - you'd have to be nuts to go out and buy a 79xx with the intention of using it solely for mining lol.

And absolutely, bring on winter! Cheesy

I just bought used 7950 from Amazon last week for $199 with free shipping and game coupon (which I will sell on ebay for $30).
http://www.amazon.com/gp/offer-listing/B007NG3WR2/ref=sr_1_1_olp?s=electronics&ie=UTF8&qid=1377110033&sr=1-1&keywords=7950+msi&condition=used

7950 is now the best GPU considering Hash/$ mining scrypt coins. My average return mining scypt is 3x of the BTC mining with the same card. Only 20% of my mined coins are going towards power bill (I pay $0.08 per kWh)

Am I doing something wrong buying 7950 now? Am I nuts?

Garz

newbie

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Quote from: HellDiverUK on August 21, 2013, 09:51:41 AM

I think GPU miners are indeed a drop in the ocean.

But how many of them Steam users have new cards?... Kiss

Anyway, thats just my thoughts. We post on forums to get other people's and discuss.

HellDiverUK

hero member

Activity: 1246

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Bitcointalk.org forum - 143,000 users. Probably a good percentage are spammers or noobs. But I think most people mining any coins will have an acocunt here. Generous estimation that 50,000 people run multi-GPU rigs.
Steam - 5,700,000 concurrent users, 33% of which run ATI. That's just Steam users over the past 24 hours.

I think GPU miners are indeed a drop in the ocean.

Garz

newbie

Activity: 32

Merit: 0

Quote from: HellDiverUK on August 21, 2013, 03:52:37 AM

You really have no idea about how many of these things are sold to gamers. Millions a year.

How many people have multi-GPU mining rigs? A few thousand, at most.

Seriously, bitcoin mining is a drop in the ocean to AMD.

I may not have an idea, no.

However you have indirectly answered my question without wanting to. They have contributed to the sales! If nVidia's cards were equally useful at mining then I think the % of AMD sales would have been much lower. To say it's a drop in the ocean is bull just look at the amount of dedicated mining rigs people have invested in - seriously having multiple GPU's in one machine, not the one per unit you are referring to when sold for just gaming.

I always go for the best value card, it also happens to be something I like my cards doing should I not be using the PC.

ChrisB92

newbie

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Agree - you'd have to be nuts to go out and buy a 79xx with the intention of using it solely for mining lol.

And absolutely, bring on winter! Cheesy

HellDiverUK

hero member

Activity: 1246

Merit: 501

Yeah, buying old, used cards is different to going out and buying a 7970 or 7990, though.

I've bought used GPUs, used them for a while and sold them off with little to no losses, but I don't think I'll be doing that any more.

I've only got 4 GPUs now, which are mining LTC. I'll be selling them off in 6 months, they'll be both mining and keeping the house warm all winter. Grin

ChrisB92

newbie

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Quote from: HellDiverUK on August 21, 2013, 03:39:06 AM

Anyone buying GPUs to mine coins now needs their heads looked at.

No, not really.

I've been picking up multitudes of 5850's / 5870's off eBay for £30-40 and mining scrypt-based currencies. Currently using middlecoin (until I get round to creating my own pool), payback for each GPU is 30-45 days.

You're right about miners buying GPU's being a completely insignificant amount though, compared to all the gamers, etc, out there. Cheesy

HellDiverUK

hero member

Activity: 1246

Merit: 501

You really have no idea about how many of these things are sold to gamers. Millions a year.

How many people have multi-GPU mining rigs? A few thousand, at most.

Seriously, bitcoin mining is a drop in the ocean to AMD.

Garz

newbie

Activity: 32

Merit: 0

Whilst I agree with regards to Bitcoin.. other currencies using the Scrypt methods that utilise GPU work surely are being bought for this reason no?

Why are there threads with rigs being displayed got plenty of GPU's and risers if you say they are "nothing to do with mining"?

HellDiverUK

hero member

Activity: 1246

Merit: 501

Bitcoin mining is a minuscule percentage of overall GPU sales. Anyone buying GPUs to mine coins now needs their heads looked at.

So, really, the answer is a resounding no. It's got nothing to do with mining.

Garz

newbie

Activity: 32

Merit: 0

As per title.

So far this year nVidia have been the king of the GC hill, however in light of AMD cards being better GPU crunchers the increase in mining currencies has kept the cards flying off the shelf.

Recently the prices of these cards have taken a tumble with the anticipation of AMD Q4 release post "Hawaii", more are still being bought.

The announcement of the next gen console hardware using AMD things certainly are looking brighter for them.

With regards to mining, are you going to be purchasing more GPU's soon?

I for one have always crunched for science (protein folding etc) and these cards are great for it. It will be good for the consumers to see the GPU market come down in price a bit.

Topic: AMD sales going good guns down to mining? - page 2. (Read 3803 times)