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Topic: How fast do prices of GPU's go down? (Read 461 times)

legendary
Activity: 1638
Merit: 1001
April 15, 2019, 07:38:36 AM
#29
how fast?? Well, i know this for a fact.

I bought back in september 2017 5 RX 570 8gb Sapphire Nitro + (the best RX 570's and 580's on the market right now IMO) to complete my rigs. i paid for them in refurbished state (they were like new no problems at all), like 220€ each, around 250$ from the biggest retailer here in Spain.

They worked in a room of my house with temps between 20 and 40ºC. the only card that needed to rump up the fans was an MSI RX 580 8gb Armor that needed just around 65% to keep it below 70ºC working operation. Most of the RX 570 nitro+ need just about 40% fan to be around 50ºC working temps.

Now, on Ebay, there are authentic bargains. Brutal ones. I had the oportunity to buy 4 RX 570 sapphire Nitro+ for just about 80€, 90$ more or less. Brand new, in the top of the madness January-April 2018, this cards, brand new were above 300€.

So prices are going down. I had an emergency plan considering the worst condition i could think off back in November 2017. I knew the market would collapse. my contingency plan considered the market to go down by 70%. Never thought it would go below that. It went almost 90%, which left me with no time to reaction.


If (for me it's very unlikely), the market just pumps and holds for some time, we will be seeing our cards gaining huge value. But mining nowdays makes no sense at all. Specially now that summer is comming. In Spain, i live by the see, and the have lots of humidity and high temps, some days, above 40 with temp sensation of over 44ºC so mining is not an option unless it's really profitable, but it's not.

But we can see some kind of stabilization in price from the September 2018 after the selloff . Maybe it is a good time to buy some new not overpriced cards now.

member
Activity: 728
Merit: 10
April 15, 2019, 04:19:57 AM
#28
I think the reason for this is a drop in hardware demand, resulting from small and medium-sized mining companies pulling out of the market. The profitability of mining has been severely impacted by drops in cryptocurrency prices. It will likely take a few months for the pricing of GPUs to reach normal levels once more after demand drops, but these first signs have given us hope that the days of sky-high GPU prices might soon be behind us.
sr. member
Activity: 980
Merit: 270
April 07, 2019, 07:05:24 AM
#27
The answer is very simple. There are updates that are more economical and more productive.
For large farms, this is a big savings. And do not forget that after a couple of years of mining wear is huge.
hero member
Activity: 1568
Merit: 544
April 07, 2019, 04:41:37 AM
#26
Where they are pushing out GPUS on the same speed as nike shoes it cant hold it value long. The bear market and overstock from nvidia would make it worse. A other crypto mining rush would keep the value high.
member
Activity: 924
Merit: 15
April 07, 2019, 04:38:22 AM
#25
how fast?? Well, i know this for a fact.

I bought back in september 2017 5 RX 570 8gb Sapphire Nitro + (the best RX 570's and 580's on the market right now IMO) to complete my rigs. i paid for them in refurbished state (they were like new no problems at all), like 220€ each, around 250$ from the biggest retailer here in Spain.

They worked in a room of my house with temps between 20 and 40ºC. the only card that needed to rump up the fans was an MSI RX 580 8gb Armor that needed just around 65% to keep it below 70ºC working operation. Most of the RX 570 nitro+ need just about 40% fan to be around 50ºC working temps.

Now, on Ebay, there are authentic bargains. Brutal ones. I had the oportunity to buy 4 RX 570 sapphire Nitro+ for just about 80€, 90$ more or less. Brand new, in the top of the madness January-April 2018, this cards, brand new were above 300€.

So prices are going down. I had an emergency plan considering the worst condition i could think off back in November 2017. I knew the market would collapse. my contingency plan considered the market to go down by 70%. Never thought it would go below that. It went almost 90%, which left me with no time to reaction.


If (for me it's very unlikely), the market just pumps and holds for some time, we will be seeing our cards gaining huge value. But mining nowdays makes no sense at all. Specially now that summer is comming. In Spain, i live by the see, and the have lots of humidity and high temps, some days, above 40 with temp sensation of over 44ºC so mining is not an option unless it's really profitable, but it's not.
jr. member
Activity: 278
Merit: 1
April 07, 2019, 04:01:44 AM
#24
I think it depends in market conditions in crypto market before Q4 2017 the market is in hype and the GPU price had a BIG leap in its original price  Wink
I also thinking that it’s depend in the conditions of crypto market. If market get in touch with hype then the situation of GPU get change.     
member
Activity: 449
Merit: 24
April 06, 2019, 10:30:44 PM
#23
I've been running 75 - 100 gpus for 2 years in 100 degree weather some gpus at at 83 degrees and never a problem with the temps.  Only thing that breaks are the fans, which are very easy to fix.  Gigabyte and Zotac are the brands I've had the most fan failures.  I just remove the fans and zip tie a case fan to the gpu, takes about 10 minutes.  If I was going to sell them of course I'd put the regular fan back on.

I've bought about half my gpus used, no problems so far. 
full member
Activity: 616
Merit: 167
April 06, 2019, 09:48:41 PM
#22
In 2017, a GTX 1070 was still about the $400 USD mark. Today it is still hanging around that price point as the next generation of cards is only just coming out now.

So buying new they are about the same price. I'd be cautious buying second hand as it could break and you have no warrantee. You don't know if a miner has been stressing their cards out at 85 degrees celcius 24/7 for three years!

Maybe buy new, and sell second hand yourself in a couple years time if you're worried about resell value?
member
Activity: 485
Merit: 12
$WPP $HyFi https://hyfi-corp.com/
April 06, 2019, 06:33:26 PM
#21
 It is very difficult to predict. When there was the hype in 2017 price of the second hand  GPUs doubled as there were neither new or old GPUs available.
legendary
Activity: 3808
Merit: 1723
April 06, 2019, 04:48:12 PM
#20
GPU prices are actually very stable. Usually Nvidia GPUs and Intel based CPUs hold their value extremely well.

The higher end gpus like the 1080Ti however depreciate more than the mid-tier 1070 or so.

If you can manage to score a few 1070 from the second hand market and use it for 6-12 months, you might be able to resell them at break-even. Even if the crypto mining GPU market never recovers.

Only equipment that might lose value are risers. Those usually become useless once the crypto market dies but everything else will hold value.
sr. member
Activity: 547
Merit: 250
April 06, 2019, 03:18:41 PM
#19
It seems to me that now we need to purchase a new generation of video cards (Nvidia 2060 / 2070-2080) This will be reasonable, as new algorithms will be released, which will be made for RTX.
hero member
Activity: 2548
Merit: 769
April 06, 2019, 08:00:48 AM
#18
If I buy a preowned 1070 G1 8GB for example at $250 how fast will the price decline?
I already know that if i buy a new one at $400, as soon as i use it the price plummets to $250 because it's now preowned.

But what about the value decay from there?
In 1 year, can I expect resale price to be around $200-250 still?
Or what affects the price. New generation of GPU's? Crypto crashing again?
To be honest, how much you can get from 1070 G1 8Gb in a month? If you divide let say $250 per GPU, you need to make $8,33/day after the electricity cost. That is only for 1 GPU, if you have 5 GPU, you need to calculate how much the electricity fee you should pay. If you can make that money, then you can choose that GPU. But if you cannot make that money, then it's not worth it for you.
You cannot expect the resale price to be around $200-$250 because the price will always go down for half price. So the price would be at $100-$150 per GPU.
He doesn`t say anything about 1 month ROI. If i`ll see anywhere such a profit - i`ll spend all my money buying GPUs  Grin
And also i cant understand, why are u halving price. And for what time it is halving?
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
April 05, 2019, 10:15:00 AM
#17
If I buy a preowned 1070 G1 8GB for example at $250 how fast will the price decline?
I already know that if i buy a new one at $400, as soon as i use it the price plummets to $250 because it's now preowned.

But what about the value decay from there?
In 1 year, can I expect resale price to be around $200-250 still?
Or what affects the price. New generation of GPU's? Crypto crashing again?
To be honest, how much you can get from 1070 G1 8Gb in a month? If you divide let say $250 per GPU, you need to make $8,33/day after the electricity cost. That is only for 1 GPU, if you have 5 GPU, you need to calculate how much the electricity fee you should pay. If you can make that money, then you can choose that GPU. But if you cannot make that money, then it's not worth it for you.
You cannot expect the resale price to be around $200-$250 because the price will always go down for half price. So the price would be at $100-$150 per GPU.
hero member
Activity: 2548
Merit: 769
April 05, 2019, 10:05:02 AM
#16
If I buy a preowned 1070 G1 8GB for example at $250 how fast will the price decline?
I already know that if i buy a new one at $400, as soon as i use it the price plummets to $250 because it's now preowned.

But what about the value decay from there?
In 1 year, can I expect resale price to be around $200-250 still?
Or what affects the price. New generation of GPU's? Crypto crashing again?
if you hope that the price of your GTX 1070 will cost around $ 200- $ 250 this year it might be possible, but if you wait continuously maybe the price might be around $ 150.

some of the things that affect the price of the graphics card are technology developments that make the latest graphic cards come out so that the price of the old graphic card will go down
And may be $ 500 easily. No one knows. As i see in my city right now - new GPU costs as it was 2 years ago, preowned - 20-25% cheaper. Everyone who knows - never`ll say it to someone - he will loose money with it.
full member
Activity: 798
Merit: 101
April 05, 2019, 06:53:00 AM
#15
This needs to consider the market demand. When the market supply exceeds demand, the price falls, but when the demand is greater than the supply, the price rises. The mining market was very popular last year, and the price of video cards has risen sharply. But this year, the market has changed a lot.
member
Activity: 854
Merit: 12
arcs-chain.com
April 05, 2019, 02:42:13 AM
#14
it is natural that if you use the GPUs further, they would loose another portion of it's value. The exact price is relative to the intensity of use you apply to it, and the general price offer of used GPUs of that model at the time you sell...
Latest generations of GPU have a long expiration date... 2 years ago I've bought a few 1050Ti for an experience, and just noted a few days ago, that they are actually more expensive now, than 2 years ago (new)
On the contrary of ASICs, these don't get immediatly outdated when a new model is out....
member
Activity: 574
Merit: 11
April 04, 2019, 07:18:02 PM
#13
If I buy a preowned 1070 G1 8GB for example at $250 how fast will the price decline?
I already know that if i buy a new one at $400, as soon as i use it the price plummets to $250 because it's now preowned.

But what about the value decay from there?
In 1 year, can I expect resale price to be around $200-250 still?
Or what affects the price. New generation of GPU's? Crypto crashing again?
if you hope that the price of your GTX 1070 will cost around $ 200- $ 250 this year it might be possible, but if you wait continuously maybe the price might be around $ 150.

some of the things that affect the price of the graphics card are technology developments that make the latest graphic cards come out so that the price of the old graphic card will go down
hero member
Activity: 3010
Merit: 794
April 04, 2019, 03:42:35 PM
#12
In 1 year, can I expect resale price to be around $200-250 still?
Or what affects the price. New generation of GPU's? Crypto crashing again?

~snip~

Can you give an estimate? How much did the previous generation of GPU's drop in price when the current generation came out? Did they drop off a cliff?
Im with those sentiments above about Nvdia cards which do holds resale value for a couple of years and i totally agree with that if you try to compare
it with AMD cards but you can actually look on current marketplaces because resale value will surely vary.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
April 04, 2019, 12:16:16 PM
#11
There's  chances that it will not move that much, considering that the market is rising, there's possibilities that mining equipment will be profitable again, it's hard to decide as we see what happen previously when most people start to buy those mining equipment and after that the value falls hard, make some more reviews and assess if how can you manage to adjust in case another downfall happens.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
April 04, 2019, 11:51:29 AM
#10
ya its hard to say
we can have one new coin pop up and R9 370's will be boss again for a while, resale price will rocket for a few months
we saw it with ETH, and even with RVN (and a few smaller coins+progpow) last year a bit
could happen again
Nvidia holds best chance long on that as well imo
Tho i still fire my R9 270x here and there as well, does ok on XMR Tongue
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