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Topic: Before you get HEAVILY invested in ETH Mining you should read this - page 3. (Read 34662 times)

legendary
Activity: 2212
Merit: 1001
It was a crazy time GPU's were selling out due to miners... what did AMD do?  They raised price.... and it still ran out for a while till it all kinda crashed.

This time with ETH is nothing like last time as far as effects on GPU sales.   Just not the running out of cards as we saw long ago in the "old days".

This time, the price also rose. I bough at few nano at £379, a week later the price became £425. So it happened this time.

Still nothing compared to rates in "old day's" they jacked up like 50 percent at end if I remember right.  And they still sold out.  There were certain models of AMD they just could not keep in stock. 

Just being able to log on and go to amazon/newegg and buy a GPU makes it far from different then "old days". Heck I watched newegg and newegg.ca the canada site for a while got in cards when other did not.

Back in late 2011 GPU's got really hard to find,even ebay was barren.5800/6900 series were sold out for many months  Sad
newbie
Activity: 27
Merit: 0
It was a crazy time GPU's were selling out due to miners... what did AMD do?  They raised price.... and it still ran out for a while till it all kinda crashed.

This time with ETH is nothing like last time as far as effects on GPU sales.   Just not the running out of cards as we saw long ago in the "old days".

This time, the price also rose. I bough at few nano at £379, a week later the price became £425. So it happened this time.

Still nothing compared to rates in "old day's" they jacked up like 50 percent at end if I remember right.  And they still sold out.  There were certain models of AMD they just could not keep in stock. 

Just being able to log on and go to amazon/newegg and buy a GPU makes it far from different then "old days". Heck I watched newegg and newegg.ca the canada site for a while got in cards when other did not.

the difference is that it last longer last time, that's it i think, from doge late 2013 to summer 2014 now it's only few months in comparison, but ethereum is more profitable than doge ever was

If the Ethereum price does not rise, I think the boom will finish soon. The difficulty is already too high.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
It was a crazy time GPU's were selling out due to miners... what did AMD do?  They raised price.... and it still ran out for a while till it all kinda crashed.

This time with ETH is nothing like last time as far as effects on GPU sales.   Just not the running out of cards as we saw long ago in the "old days".

This time, the price also rose. I bough at few nano at £379, a week later the price became £425. So it happened this time.

Still nothing compared to rates in "old day's" they jacked up like 50 percent at end if I remember right.  And they still sold out.  There were certain models of AMD they just could not keep in stock. 

Just being able to log on and go to amazon/newegg and buy a GPU makes it far from different then "old days". Heck I watched newegg and newegg.ca the canada site for a while got in cards when other did not.

the difference is that it last longer last time, that's it i think, from doge late 2013 to summer 2014 now it's only few months in comparison, but ethereum is more profitable than doge ever was
legendary
Activity: 1456
Merit: 1000
It was a crazy time GPU's were selling out due to miners... what did AMD do?  They raised price.... and it still ran out for a while till it all kinda crashed.

This time with ETH is nothing like last time as far as effects on GPU sales.   Just not the running out of cards as we saw long ago in the "old days".

This time, the price also rose. I bough at few nano at £379, a week later the price became £425. So it happened this time.

Still nothing compared to rates in "old day's" they jacked up like 50 percent at end if I remember right.  And they still sold out.  There were certain models of AMD they just could not keep in stock. 

Just being able to log on and go to amazon/newegg and buy a GPU makes it far from different then "old days". Heck I watched newegg and newegg.ca the canada site for a while got in cards when other did not.
full member
Activity: 238
Merit: 100
It was a crazy time GPU's were selling out due to miners... what did AMD do?  They raised price.... and it still ran out for a while till it all kinda crashed.

This time with ETH is nothing like last time as far as effects on GPU sales.   Just not the running out of cards as we saw long ago in the "old days".

This time, the price also rose. I bough at few nano at £379, a week later the price became £425. So it happened this time.
legendary
Activity: 1456
Merit: 1000
hero member
Activity: 742
Merit: 505

i think its amazing that neither AMD nor Nnvidia has a pure mining GPU card.

Imagine the market ... a gamer buys 1 "ok" card ..  a miner buys 2-500 of them..

You cannot build a pure mining GPU cards. The card could mine well for one algorithm, but mine very badly for another.

I was not having a single algo in mind.. more "industrial" standard.

GPU's today have flashy looks, bad air cooling design, and so on ... id like a shitty looking effective and cooled one.
Like industry vs consumer products.

edit:
Bundled with a riser!! Cheesy
(im so tired of running out of risers all the time)
newbie
Activity: 56
Merit: 0

i think its amazing that neither AMD nor Nnvidia has a pure mining GPU card.

Imagine the market ... a gamer buys 1 "ok" card ..  a miner buys 2-500 of them..

You cannot build a pure mining GPU cards. The card could mine well for one algorithm, but mine very badly for another.
hero member
Activity: 742
Merit: 505

i think its amazing that neither AMD nor Nnvidia has a pure mining GPU card.

Imagine the market ... a gamer buys 1 "ok" card ..  a miner buys 2-500 of them..

I'm sure that AMD has seen a spike in their cards and correlated it with mining. I'd imagine that in their boardroom there is a long term plan to make sure mining is more viable.
Think about it. Spread a few million $ around us hobby miners and what is the return in brand loyalty etc.. It's very very high.
I can't believe that AMD hasn't realized this and made a coin that you  can use to buy their products and is min-able with only their cards. I BET it happens.

Go look at the quarter reports or yearly GPU sales. Nvidia and AMD sell probably 10 million GPUs every year. There are maybe 100,000 mining right now. And most were the old GPUs like 7950 which were built 4-5 years ago.

They don't make that much profit with miners.



This,we are a VERY VERY small segment of GPU sales.............so don't hold your breath  Cheesy



Its actually not that small.
Here are some intersting articles bout it:

http://www.extremetech.com/gaming/176724-amd-graphics-card-pricing-skyrockets-due-to-cryptocurrency-mining-could-kill-amds-gaming-efforts

http://www.dailyfinance.com/2014/02/22/amd-could-be-devastated-by-the-bitcoin-craze/

http://www.gamespot.com/forums/pc-mac-linux-society-1000004/amd-hits-a-massive-gold-mine-with-their-r9-gaming--30985955/

http://www.fool.com/investing/general/2013/12/11/amds-graphics-cards-are-selling-out.aspx

https://coinaxis.com/index.php/entry/litecoin-miners-to-account-for-195-million-in-amd-gpu-sales-coinaxis

http://www.slashgear.com/litecoin-mining-gpu-sales-spike-following-bitcoin-value-drop-off-14308854/

http://vrworld.com/2013/12/09/cryptocurrencies-are-causing-shortages-of-amd-radeon-gpus/

http://bitcoinist.net/amd-launches-gpuopen-potentially-huge-boon-for-cryptocurrencies/


Also interesting tease about external gpus's

http://www.forbes.com/sites/jasonevangelho/2016/02/29/amd-teases-external-gpu-announcement-hinting-at-universal-laptop-support/#77f9005746d7


Didnt AMD mention gpu mining in their announcent earlier this year?
Its a niche id tap for sure.


hero member
Activity: 672
Merit: 500
Ah well it sounded good in my brain lo.. Gotta stop listening to that organ
legendary
Activity: 2212
Merit: 1001

i think its amazing that neither AMD nor Nnvidia has a pure mining GPU card.

Imagine the market ... a gamer buys 1 "ok" card ..  a miner buys 2-500 of them..

I'm sure that AMD has seen a spike in their cards and correlated it with mining. I'd imagine that in their boardroom there is a long term plan to make sure mining is more viable.
Think about it. Spread a few million $ around us hobby miners and what is the return in brand loyalty etc.. It's very very high.
I can't believe that AMD hasn't realized this and made a coin that you  can use to buy their products and is min-able with only their cards. I BET it happens.

Go look at the quarter reports or yearly GPU sales. Nvidia and AMD sell probably 10 million GPUs every year. There are maybe 100,000 mining right now. And most were the old GPUs like 7950 which were built 4-5 years ago.

They don't make that much profit with miners.



This,we are a VERY VERY small segment of GPU sales.............so don't hold your breath  Cheesy
legendary
Activity: 3808
Merit: 1723

i think its amazing that neither AMD nor Nnvidia has a pure mining GPU card.

Imagine the market ... a gamer buys 1 "ok" card ..  a miner buys 2-500 of them..

I'm sure that AMD has seen a spike in their cards and correlated it with mining. I'd imagine that in their boardroom there is a long term plan to make sure mining is more viable.
Think about it. Spread a few million $ around us hobby miners and what is the return in brand loyalty etc.. It's very very high.
I can't believe that AMD hasn't realized this and made a coin that you  can use to buy their products and is min-able with only their cards. I BET it happens.

Go look at the quarter reports or yearly GPU sales. Nvidia and AMD sell probably 10 million GPUs every year. There are maybe 100,000 mining right now. And most were the old GPUs like 7950 which were built 4-5 years ago.

They don't make that much profit with miners.

hero member
Activity: 672
Merit: 500

i think its amazing that neither AMD nor Nnvidia has a pure mining GPU card.

Imagine the market ... a gamer buys 1 "ok" card ..  a miner buys 2-500 of them..

I'm sure that AMD has seen a spike in their cards and correlated it with mining. I'd imagine that in their boardroom there is a long term plan to make sure mining is more viable.
Think about it. Spread a few million $ around us hobby miners and what is the return in brand loyalty etc.. It's very very high.
I can't believe that AMD hasn't realized this and made a coin that you  can use to buy their products and is min-able with only their cards. I BET it happens.
hero member
Activity: 742
Merit: 505

i think its amazing that neither AMD nor Nnvidia has a pure mining GPU card.

Imagine the market ... a gamer buys 1 "ok" card ..  a miner buys 2-500 of them..
legendary
Activity: 2212
Merit: 1001
there are new nvidia card coming, maybe wait before investing now? you can generate more coins with those card, they also consume less, but it's a pain in the ass to chnage my rig again just for this

Yeah,but will it mine better Huh Won't know until someone gets one & tries mining with it  Roll Eyes

Will it work with existing mining software Huh Won't know until someone gets one & tries mining with it  Roll Eyes
newbie
Activity: 28
Merit: 0
there are new nvidia card coming, maybe wait before investing now? you can generate more coins with those card, they also consume less, but it's a pain in the ass to chnage my rig again just for this

The new nVidia 1070 will cost $499, that is more expensive than the current 970. So you might not have return of investment.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
there are new nvidia card coming, maybe wait before investing now? you can generate more coins with those card, they also consume less, but it's a pain in the ass to chnage my rig again just for this
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
xfx 380 and 390 can be undervolted or overvolted with msi afterburner.  Plus even thought the new gen comes out, you wont have a problem selling a 380 or a 390.  Now people with 280x and 79xx well they will find that those cards wont be worth quite as much imo, they are getting old Smiley

edit:  I mean new gen and even the 380 has so much better power consumption, its crazy. 
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I disconnected everything else and used 1 separate PSU .. so those 154W was only connected to the gpu

(different psu for mainboard and cpu)
You have a 6 380itx rig right now right ? What power supply are you using ? Whats the draw fully loaded with six cards and a hard algo..
Whats hard ? quark or whatever is hardest..lol

You might find this post from earlier today interesting: https://bitcointalksearch.org/topic/m.14768588


I only use 5 GPU's in my rigs.
I find the mobos cheaper and easily available, and everything generally is simpler with 5gpus. Also less strain.

I use overpowered PSU's .. just to keep the load fairly low for longevity.
So on a 5 x 380 rig i use 1300+650
On the 5 x 390 is use 2 x 1300 

(i like using sep psu for mobo, disk, cpu, fans and system)

Can you under volt the 380? The default voltage is usually too high. So you can save some energy and use just one PSU.

No .... not without any form of modding i think.


Thats a good selling point for NVIDIAs btw. They can be undervolted, underclocked, and underwhatered ... 
I would love to be able to do that with amds...

With 7990/280x or some R9 390, you can change the Core voltage with MSI afterburner or the Sapphire Trixx.

the r9 380  can undervolt if you get the correct one
newbie
Activity: 38
Merit: 0
I disconnected everything else and used 1 separate PSU .. so those 154W was only connected to the gpu

(different psu for mainboard and cpu)
You have a 6 380itx rig right now right ? What power supply are you using ? Whats the draw fully loaded with six cards and a hard algo..
Whats hard ? quark or whatever is hardest..lol

You might find this post from earlier today interesting: https://bitcointalksearch.org/topic/m.14768588


I only use 5 GPU's in my rigs.
I find the mobos cheaper and easily available, and everything generally is simpler with 5gpus. Also less strain.

I use overpowered PSU's .. just to keep the load fairly low for longevity.
So on a 5 x 380 rig i use 1300+650
On the 5 x 390 is use 2 x 1300 

(i like using sep psu for mobo, disk, cpu, fans and system)

Can you under volt the 380? The default voltage is usually too high. So you can save some energy and use just one PSU.

No .... not without any form of modding i think.


Thats a good selling point for NVIDIAs btw. They can be undervolted, underclocked, and underwhatered ... 
I would love to be able to do that with amds...

With 7990/280x or some R9 390, you can change the Core voltage with MSI afterburner or the Sapphire Trixx.
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