Mining should be looked at as if it was a long term position, and the assets or coins that are received should be held or HODL, lol. After a few years, these coins will be normally worth many times the price that they were at the time that you started mining them. For instance when I started mining Ethereum it was $8-$10 or so, and it's now had a high of $1,417. My personal opinion is to not sell your mined coins until it's extremely advantageous to sell them. As to whether or not it's a good time to buy GPU's, the answer really lies in your personal finances, and if you'd like to purchase additional GPU's or not. If you'd possibly have to sell your mined coins due to having purchased more GPU's, statistically speaking it would be more adventurous then for you not to at this time. Although if purchasing them wouldn't hurt your financial status and you'd be able to continue saving your mined coins, then purchasing extra GPU's and miners is always a great idea, in my humble opinion. I hope this helps.
mimagneto
Topic: Good time to buy GPUs? (Read 3673 times)
It is always better to buy latest and updated versions for GPUs as they are more efficient and sometimes cheaper or slightly expensive than the older/previous models.The grey/used market is also a good source to buy GPUs and much discounted price especially when the market is down as newbies tend to sell away to cover the losses and exit mining
i personally think that anyone who buys a 20-series card for mining is going to get burned.
they are outrageously expensive, and it looks like they will use even more power (judging based on the HUUUGE HSFs on most models). I really doubt they will be much, if any, more power efficient than 10 series cards.
i'd love to be wrong, but i just dont see it.
for example, a 1080ti is the most power efficient card on ETH with the ETHpill.
50-55 MH/s @ about 150-160W. and they cost under $500 right now.
if you assume the 20 series cards will be the same power efficiency, this is what kind of hashrates they'd have to produce to justify the price over a used 1080ti. (based on EVGA prices for the cheapest 20 series models they have right now)
2080 - 80MH/s
2080ti - 120MH/s
i just dont see that happening.
If we undervolt the 1080Ti more, then it is more efficient than the 2080Ti. The price will be much lower.
50-55 MH/s @ about 150-160W. and they cost under $500 right now.
if you assume the 20 series cards will be the same power efficiency, this is what kind of hashrates they'd have to produce to justify the price over a used 1080ti. (based on EVGA prices for the cheapest 20 series models they have right now)
2080 - 80MH/s
2080ti - 120MH/s
i just dont see that happening.
Yes i expect them 20-30 % only more efficient, but also as ethereum mining is Memory focused , none has tested yet how GDDR6 could work.
I think it is better to wait for a new launch GPUs. Which Eth price low. than GPUs buy real time.
It is always better to buy latest and updated versions for GPUs as they are more efficient and sometimes cheaper or slightly expensive than the older/previous models.The grey/used market is also a good source to buy GPUs and much discounted price especially when the market is down as newbies tend to sell away to cover the losses and exit mining
i personally think that anyone who buys a 20-series card for mining is going to get burned.
they are outrageously expensive, and it looks like they will use even more power (judging based on the HUUUGE HSFs on most models). I really doubt they will be much, if any, more power efficient than 10 series cards.
i'd love to be wrong, but i just dont see it.
for example, a 1080ti is the most power efficient card on ETH with the ETHpill.
50-55 MH/s @ about 150-160W. and they cost under $500 right now.
if you assume the 20 series cards will be the same power efficiency, this is what kind of hashrates they'd have to produce to justify the price over a used 1080ti. (based on EVGA prices for the cheapest 20 series models they have right now)
2080 - 80MH/s
2080ti - 120MH/s
i just dont see that happening.
It is always better to buy latest and updated versions for GPUs as they are more efficient and sometimes cheaper or slightly expensive than the older/previous models.The grey/used market is also a good source to buy GPUs and much discounted price especially when the market is down as newbies tend to sell away to cover the losses and exit mining
I guess this time around that crypto is bearish maybe rig components as well as GPUs might be down also. Right time to buy is when crypto is down few miners will buy for sure giving huge discount by manufacturers. It is good time to mine ETH and other altcoins too but I'd suggest ETH.
It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
Yeah the 1080ti has risen price wise.
As the 2080ti is running 1200 to 1400 usd.
I think the 2080 will be good value.
As for buying I am getting Msi Vega 56 new with warranty for 400 to 475.
It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
you must be selling to idiots, or paying fees to sell on ebay.
going rate for 1080tis on reddit is $500 shipped all day.
Its really depends on mining algorithm.
But on average they are fast as 10xRX580 gpu at same power usage as 2xRX580 which makes them incredible efficient.
If you have very cheap power or no power cost at all , rather stick to gpus as FPGA is quite pricey.
But on average they are fast as 10xRX580 gpu at same power usage as 2xRX580 which makes them incredible efficient.
If you have very cheap power or no power cost at all , rather stick to gpus as FPGA is quite pricey.
Hold your ground guys, the new RTX is not worth to even try.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley
What is the current daily profit for one now? Seems like buying the coins low with the Fiat is a better alternative than mining, even with the FPGAs.
It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
Yeah the 1080ti has risen price wise.
As the 2080ti is running 1200 to 1400 usd.
I think the 2080 will be good value.
As for buying I am getting Msi Vega 56 new with warranty for 400 to 475.
It's a good time to SELL GPU's.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
September 2017: I bought at MSI Duke 1080ti for $660 USD.
Today: I sold that card for $630 USD
This, after flogging it mining 24/7 for 11 months
Gamers are buying up 1080ti at the moment because 20 series is not great value.
Hold your ground guys, the new RTX is not worth to even try.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Unfortunately FPGA's are not for small people. It is also hard to sell that kind of hardware when a new one is out. With GPU's, You can still manage to resell it a half or third of the price.
Yep, easier to resell.
If you got those FPGA's, probably selling isn't in your vocabulary
and would probably look for a better/next coin to mine, as it could also changed algo compared to ASICs
I've known a lot of ASIC's with almost low to no resale at all
and now a door stopper
Hold your ground guys, the new RTX is not worth to even try.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley
Thank you Xilinx! Hold your ground guys, the new RTX is not worth to even try.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Unfortunately FPGA's are not for small people. It is also hard to sell that kind of hardware when a new one is out. With GPU's, You can still manage to resell it a half or third of the price.
ETH, sorry but it is not worth to mine ETH anymore. maybe if the price jumps to 800$/1ETh than it will be.
In my opinion, should invest in GPU to exploit ETH, at current ETH price we can still earn nearly 100% interest. Now is the right time
Hold your ground guys, the new RTX is not worth to even try.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley
Hold your ground guys, the new RTX is not worth to even try.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
So, the ASIC company will be more aggressive to enter the market I think. NVIDIA just rolled their blunder this time. After that, before even try to realize their mistake, NVIDIA profit will be then killed by Xilinx.
Xilinx are not capable to produce enough cards unfortunatley
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