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Topic: Good time to buy some vegas? (Read 458 times)

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
June 13, 2018, 06:38:20 PM
#23
reasonably priced

2017, rx 570 $150 roi 180 days x 2018, rx 570 $350 roi 700 days, there is nothing "reasonably priced".
legendary
Activity: 3808
Merit: 1723
June 13, 2018, 06:15:19 PM
#22
It's basically like Black Friday all over again.

GPUs have finally come down in price and are reasonably priced but everyone is scared to buy them.

This Was the mentality back in November when ETH was crashing and mining profits were going down the tub.
But people were afraid to buy a RX 580 for $250 and 2 months later bought it for $400 instead.

Let this be a history lesson for you.
full member
Activity: 1148
Merit: 132
June 13, 2018, 05:52:19 PM
#21
There's some pretty damn good deals going for RX 580s right now on Newegg and basically everywhere- I'd suggest looking at Reddit's /r/buildapcsales for news on card deals including Vegas and RX X70/X80 cards, like this MK2 RX 580 8GB on the US Newegg site for $299 + $20 Steam GC. Profitability definitely is dropping right now for GPU mining as a whole, but so are card prices, too. I'm personally not touching GPUs until things get better with profitability, as I see everything as high risk and low reward in GPU mining right now, but it's your call in the end to buy GPUs or not.
those are not good deals , most of my gpus rx series were purchased for $170 ti $240 max , and at that time profits and diff were way lower
full member
Activity: 1148
Merit: 132
June 13, 2018, 05:51:05 PM
#20
Think I might wait til I start seeing $399 prices, picking up some very cheap RX 580s off ebay and rolling the dice on their longevity for now.
just bought 3x Gigabyte RX580GAMING-8GD-MI today. for $350 each Smiley
The Gigabyte cards are terrible, at least from my experience. Hash low and run hot.
yeah the gigabytes are trash thus the lower price
TGJ
jr. member
Activity: 173
Merit: 5
June 13, 2018, 04:51:33 PM
#19
it is not logical to take it when the market has experienced such a decline  Huh
Agreed, I wouldn’t be buying anything at this point.
newbie
Activity: 42
Merit: 0
June 13, 2018, 04:03:56 PM
#18
it is not logical to take it when the market has experienced such a decline  Huh
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
June 13, 2018, 03:41:47 PM
#17
There's some pretty damn good deals going for RX 580s right now on Newegg and basically everywhere- I'd suggest looking at Reddit's /r/buildapcsales for news on card deals including Vegas and RX X70/X80 cards, like this MK2 RX 580 8GB on the US Newegg site for $299 + $20 Steam GC. Profitability definitely is dropping right now for GPU mining as a whole, but so are card prices, too. I'm personally not touching GPUs until things get better with profitability, as I see everything as high risk and low reward in GPU mining right now, but it's your call in the end to buy GPUs or not.
TGJ
jr. member
Activity: 173
Merit: 5
June 13, 2018, 03:34:26 PM
#16
In my rig I have Sapphire’s, MSI’s, and a Gigabyte (all RX 580’s). The Sapphire Nitro+ cards run the coolest and get about 32 MH/s, the Gigabyte runs 15 degrees hotter and the best I could get it to hash was 29.7 MH/s.
jr. member
Activity: 116
Merit: 4
June 13, 2018, 02:26:19 PM
#15
i wouldnt agree that gigabytes run hot, i have 13 rx 570 4gb each does 31.2 mhs and does 65 degrees in a really hot room
TGJ
jr. member
Activity: 173
Merit: 5
June 13, 2018, 02:18:41 PM
#14
Think I might wait til I start seeing $399 prices, picking up some very cheap RX 580s off ebay and rolling the dice on their longevity for now.
just bought 3x Gigabyte RX580GAMING-8GD-MI today. for $350 each Smiley
The Gigabyte cards are terrible, at least from my experience. Hash low and run hot.
jr. member
Activity: 238
Merit: 3
June 13, 2018, 01:41:51 PM
#13
Think I might wait til I start seeing $399 prices, picking up some very cheap RX 580s off ebay and rolling the dice on their longevity for now.
just bought 3x Gigabyte RX580GAMING-8GD-MI today. for $350 each Smiley
jr. member
Activity: 199
Merit: 1
June 13, 2018, 01:15:16 PM
#12
Think I might wait til I start seeing $399 prices, picking up some very cheap RX 580s off ebay and rolling the dice on their longevity for now.

I remember sale on newegg for $385, so I wait for this price Smiley
If the coins stay down for now, you just might see it!
newbie
Activity: 74
Merit: 0
June 13, 2018, 01:13:09 PM
#11
Think I might wait til I start seeing $399 prices, picking up some very cheap RX 580s off ebay and rolling the dice on their longevity for now.

I remember sale on newegg for $385, so I wait for this price Smiley
jr. member
Activity: 199
Merit: 1
June 13, 2018, 01:10:12 PM
#10
not mining eth, mining some crypto heavy coins. holding onto my bag of eth for the POS phase.
jr. member
Activity: 199
Merit: 1
June 13, 2018, 01:07:08 PM
#9
Think I might wait til I start seeing $399 prices, picking up some very cheap RX 580s off ebay and rolling the dice on their longevity for now.
sr. member
Activity: 689
Merit: 253
June 13, 2018, 06:55:35 AM
#8
Even with the FPGAs coming... these profitable vegas will have some resale value especially to gamers (and maybe still miners)

So yes i think it is a good time to buy vegas. HOWEVER it might be even better to invest directly into coins themselves like BTC since usd/btc is at quite a dip right now (seemingly)
member
Activity: 924
Merit: 15
June 13, 2018, 06:01:08 AM
#7
if you are the most optimistic guy you can imagine, and discount the fact that the market is dead already (and you don't believe this), you can try to by gpus.

But!!! if you plan to buy vegas for ETH, i should tell you that we have already passed the max amount of coins Vitalik said he would allow (100 million), and that, at some point, even tomorrow, can be announced the fork for ETH to PoS and that would absolutely destroy your incomes.

More over, those vegas will be crashed in no more than 6 months, because the new 1180 and 1180ti will be a hashrate hardeners, and probably even my 32mh RX580 will see increased the stale shares a few %

Roi today is a disaster. if you look it this way, you are not winning money till you ROI.

Prices have gone down, because noone is bying GPU's for mining. In the biggest hardware company here in Spain, they've had 3 weeks offers for vegas, 1080's 1080ti with 20 to 30% discount and still have not sold them (6 months ago they would have dissappeared the following day).

So, i do not advice you to do it.
member
Activity: 266
Merit: 50
June 13, 2018, 05:45:11 AM
#6
Price of GPU in the market a little decrease but unfortunately price almost all coin also drowning. if buying now, you could have a problem with ROI.
member
Activity: 357
Merit: 26
June 13, 2018, 05:16:48 AM
#5
i love vegas, the cheap powecolor ones are hit or miss tho, they have shit hynix mem and max out
at 1850 or so h/s on v7 , id buy reference cards if u can find them

I've heard the Sapphire Pulse ones are good (and much cheaper at the moment). Have been nearly tempted, but ROI is long, even discounting current market desperation.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
June 13, 2018, 04:13:46 AM
#4
Personally, i believe the risk of FPGAs actually doing 14 kh/s as advertised is real and incoming threat to Monero and other cryptonight coins. With the versatility of FPGAs i don't know if the Monero team can simply just fork again to brick the FPGA permanently. It may be just me but i'd rather play safe with mining investments today.

Yes and right now, is a good time to buy coins, not a good time to buy a gpu --> a 700 days roi.
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