Topic: Drop of hashrate for Polaris cards incoming - page 2. (Read 13939 times)

Quote from: Plumbus on June 29, 2017, 04:37:45 PM

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.

In the end I don't really care about making an extra $50 per GPU per year.

Like the previous poster said, the real money is in trading cryptos.

Over the next 12 months I'd be very surprised if the total profit per 1080 is only $50 more than the total profit each of my 580s would have gotten

adaseb

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What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.

In the end I don't really care about making an extra $50 per GPU per year.

Like the previous poster said, the real money is in trading cryptos.

Plumbus

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Quote from: Pennywis3 on June 29, 2017, 06:22:34 AM

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I'm having no problem selling 580s for $400-$450 within 24 hours of posting. Was a no brainer for me especially since I've been getting 1080s cheaper than that

QuintLeo

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Really no need to sell RX cards atm, people are just paranoid for obvious reasons.
Even if the hash rate drops, most of us got the cards for 200-240$, we will ROI a few times over by the time this bubble ends.
The ones that should worry are people geting in mining now, at high prices of cards and profits falling.

Folks that bought RX cards while they were still near MSRP have likely come close to paying for those cards by now.

It's the folks that paid GOUGE pricing that might be in trouble.

What's more likely to have a noticeable impact on profitability for ETH is the Ice Age "longer block times", which are a much bigger factor and affect ALL miners equally.

CjMapope

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Quote from: Pennywis3 on June 29, 2017, 06:22:34 AM

Quote from: Marvell1 on June 28, 2017, 11:54:06 PM

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

I agree.

Really no need to sell RX cards atm, people are just paranoid for obvious reasons.
Even if the hash rate drops, most of us got the cards for 200-240$, we will ROI a few times over by the time this bubble ends.
The ones that should worry are people geting in mining now, at high prices of cards and profits falling.

oh fuk all this shit, im just only buying Nvidia from now on , there's always gonna be SOMETHING to mine, and there's NEVER any of these
dag/epoch issues haha
i mean i already WAS a nvidia miner, but damn haha, too complicated AMD is, my man hours in headache are worth $ too, ill just buy Nvidia ;p

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Quote from: Marvell1 on June 28, 2017, 11:54:06 PM

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

I agree.

Really no need to sell RX cards atm, people are just paranoid for obvious reasons.
Even if the hash rate drops, most of us got the cards for 200-240$, we will ROI a few times over by the time this bubble ends.
The ones that should worry are people geting in mining now, at high prices of cards and profits falling.

bdiddle

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Quote

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

It's possible I was ahead of the curve and started switching cards before Nvidia skyrocketed.

Also have been boosting hash rate and dropping power by selling rx cards around $300 and buying 1060's for $200.

cabslock

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Quote from: JustCauseBIH on June 29, 2017, 03:15:48 AM

New cards are re-stocking. Just purchased rx 570 sapphire nitro + 4GB for 215$. There was plenty of them in Europe last two days.

Where did you find those?
Every site says pre-order.

JustCauseBIH

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New cards are re-stocking. Just purchased rx 570 sapphire nitro + 4GB for 215$. There was plenty of them in Europe last two days.

Marvell1

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Quote from: adaseb on June 28, 2017, 02:52:27 PM

Quote from: Marvell1 on June 28, 2017, 02:48:23 PM

People should begin to get serious about selling their RX cards, if they haven't already. I got in while the gettin was good. Sold every RX card for over $400 and promptly bought cheap 1070's under $400.

The very day that it is fully confirmed that this is a hardware issue, essentially, non fixable I guarantee you eBay will get flooded with $300 RX cards while Nvidia will sell out that much more. You probably wont even be able to find 1050 Ti's for cheap.

by the time we hit epoc 150 most rx cards if bough even today would have paid for themselves, gtx 1070s are price jacked up all over the place right now anyways or limits per 1 or two per order no reason to dump cards that are mining fine right now

I've been telling everyone the same thing but apparently no one can compute basic math.

"Yes lets sell our AMD gpus today for $300 which make $5/day so we can buy a $600 GPU which makes $4/day and in 6 months it will make me $0.50/day instead of the $0.33/day we would of made with the AMD gpu we've sold".

basic math is too hard man , they will figure it out and I call BS on even a used 1070 for 310 no way no how

sundownz

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What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

I was only able to get over $400 for brand new cards ($459 each). Getting mid 300s for the used ones I sold.

Juggar

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Quote from: adaseb on June 28, 2017, 02:52:27 PM

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

But you will still need to add money to get the 1070.

He just fucking said he got the 1070 for $310 or can you not read? Its like you have a severe selective reading disorder. anything you dont agree with, you simply dont acknowledge.

Juggar

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Quote from: Marvell1 on June 28, 2017, 02:48:23 PM

People should begin to get serious about selling their RX cards, if they haven't already. I got in while the gettin was good. Sold every RX card for over $400 and promptly bought cheap 1070's under $400.

The very day that it is fully confirmed that this is a hardware issue, essentially, non fixable I guarantee you eBay will get flooded with $300 RX cards while Nvidia will sell out that much more. You probably wont even be able to find 1050 Ti's for cheap.

by the time we hit epoc 150 most rx cards if bough even today would have paid for themselves, gtx 1070s are price jacked up all over the place right now anyways or limits per 1 or two per order no reason to dump cards that are mining fine right now

I've been telling everyone the same thing but apparently no one can compute basic math.

"Yes lets sell our AMD gpus today for $300 which make $5/day so we can buy a $600 GPU which makes $4/day and in 6 months it will make me $0.50/day instead of the $0.33/day we would of made with the AMD gpu we've sold".

I never said SALE for $300 only that the price WILL fall that low (or lower) when it is finally confirmed that this is a hardware defect with RX cards. Also what $600 GPU??? 1070's can routinely be had for $399. Just this morning around 2:30 AM EST I saw GTX 1070 on EVGA's website for $399.....

what you SHOULD have done was unload when RX cards were fetching $400 minimum and bought 1070's BEFORE they went $400+.

You can try to justify holding onto them but at the end of the day, some of us did actually get free upgrades to GTX 1070's. It was the smart thing to do no matter how you slice it. It cost me zero $ out of pocket. In fact I managed to get some GTX 1070 for under $300 on eBay thanks to best offer and 10% eBay bucks.

adaseb

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Quote from: Marvell1 on June 28, 2017, 02:48:23 PM

What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.

All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.

bdiddle

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What if I sold an RX480 for $350, and bought a 1070 for $310?

Was that stupid too?

adaseb

legendary

Activity: 3808

Merit: 1723

People should begin to get serious about selling their RX cards, if they haven't already. I got in while the gettin was good. Sold every RX card for over $400 and promptly bought cheap 1070's under $400.

The very day that it is fully confirmed that this is a hardware issue, essentially, non fixable I guarantee you eBay will get flooded with $300 RX cards while Nvidia will sell out that much more. You probably wont even be able to find 1050 Ti's for cheap.

by the time we hit epoc 150 most rx cards if bough even today would have paid for themselves, gtx 1070s are price jacked up all over the place right now anyways or limits per 1 or two per order no reason to dump cards that are mining fine right now

I've been telling everyone the same thing but apparently no one can compute basic math.

"Yes lets sell our AMD gpus today for $300 which make $5/day so we can buy a $600 GPU which makes $4/day and in 6 months it will make me $0.50/day instead of the $0.33/day we would of made with the AMD gpu we've sold".

Marvell1

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