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Topic: Is your local Craigslist / Kijiji flooded with GPUs ? (Read 6181 times)

legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
The RX 470/570 GPUs are still going down in price on eBay you can get some for $80-90USD excl shipping right now.

It's pretty bad considering the older R9 280X are going for only $20 less.

If you think ETH might go up in the future, it's a great time to stock up on these GPUs. Some still have warranty even and I don't think they will depreciate any further than now.
newbie
Activity: 49
Merit: 0
Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD



470/4GB wont give more than 25 for Eth

As a blanket statement that is not true... GPU6 is a MSI 470 /4GB

https://imgur.com/a/AG0NTDd
jr. member
Activity: 279
Merit: 1
Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD



470/4GB wont give more than 25 for Eth
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD



damn Ill take some 470s then Smiley  Dont care about the rest much.  Pay the lowest amount in gear, in power, you most likely wont lose.  Around me they still go higher than that though, 225 maybbeeee (cad).  1080 : 400$ cad roughly from what i can tell.  so 300usd
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
Checked eBay quickly and found these deals

RX 470 4GB are selling for $121-$140 USD

GTX 1070 are selling for $200- $250 USD

GTX 1080Ti are selling for $400 - $500 USD

R9 290 are selling for $100-$125 USD

legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
The resale value of GTX 10 series video cards has plummeted in the last week or two, but I think that's due to the impending release of the next series from NVIDIA (probably will be announced at the end of the month, whether a paper launch or a real physical launch remains to be seen).
There are only rumors about the upcoming 2 different variants in the market. Nvidia Ampere and Turing. Allan Turing is a cryptanalyst so it would be easy to speculate that they are going to create two different cards in two different markets. Overtime, the 2nd hand GTX 10 series will flood in the market and for sure, like cryptocurrency, will be extreme volatile in price. I'm projecting the value of 1070's to fall below $250 given the current situation in the buy/sell community.

True, true.  Launch price of the 11 series may be higher than people think to keep those 10 series from dropping too low.
sr. member
Activity: 728
Merit: 252
Healing Galing
The resale value of GTX 10 series video cards has plummeted in the last week or two, but I think that's due to the impending release of the next series from NVIDIA (probably will be announced at the end of the month, whether a paper launch or a real physical launch remains to be seen).
There are only rumors about the upcoming 2 different variants in the market. Nvidia Ampere and Turing. Allan Turing is a cryptanalyst so it would be easy to speculate that they are going to create two different cards in two different markets. Overtime, the 2nd hand GTX 10 series will flood in the market and for sure, like cryptocurrency, will be extreme volatile in price. I'm projecting the value of 1070's to fall below $250 given the current situation in the buy/sell community.
sr. member
Activity: 1246
Merit: 274
The resale value of GTX 10 series video cards has plummeted in the last week or two, but I think that's due to the impending release of the next series from NVIDIA (probably will be announced at the end of the month, whether a paper launch or a real physical launch remains to be seen).
sr. member
Activity: 728
Merit: 252
Healing Galing
In my countryside, Most of the techgroup buy and sell is flooded by GTX 10 series. The funny thing is, almost no one is buying it. Even i myself find it hard to sell my darn 1070's that has been up for almost 2 months now. There's a massive competition now in Selling 2nd hand GPU's in the market.
legendary
Activity: 3136
Merit: 1233
Bitcoin Casino Est. 2013
I found mining rig with 6x gtx 1060 3gb for 1000$.
But even at that price, by current profitability it would take me 2 year for ROI.

Probably a little bit less than 2 years if you try to mine Musicoin, ETP or any other coin still mineable with that card. As for the Equihash Zcash algorithm let me tell you my stats, 6 such cards are making me a miserable 0.38-0.40 mBTC daily and the energy cost is higher than the profit for the whole rig unfortunately.

Even at 1000 dollars is not worth it for a mining rig.
jr. member
Activity: 150
Merit: 3
I found mining rig with 6x gtx 1060 3gb for 1000$.
But even at that price, by current profitability it would take me 2 year for ROI.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
So the prediction that "Nvidia GPUs hold their value better than AMD" is basically false...

It's false cause only ethash which is, still measly profitable and amd cards hold the cost performance advantage, if equihash was the survivor asic algo then nvidia would be holding that advantage. It's a no brainer.
member
Activity: 644
Merit: 24
Not much of anything on CL here.  Some 1050's and 1060's.  $1400 for a 5X 1060 rig.  $2600 for a 6X 1070 Zotac Mini rig.  $1500 for a 3X 1070 rig.  $800 for a lone 1080ti ... Lol.  A few people asking way to much for older hardware that I wouldn't give anything for.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
UPDATE:

Basically I am noticing many GPUs, PSUs, entire rigs, ASICs finally popping up everywhere on Craigslist and eBay.

It seems the loss for the RX gpus isn't as bad. I think they are going for around $150 USD and retail was like $200 USD if you bought during MSRP. This is for the low end RX 470 4GB models. The 480 8GB is usually $50-75 more.

I think the biggest loser is the 1080Ti which is going for as low as $500 USD and these retailed a few months back for what? $850 USD if I recall correctly.

So the prediction that "Nvidia GPUs hold their value better than AMD" is basically false...
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
Well looks like on eBay there are a few low end RX 470 4GB that went for about $130-$140 USD per GPU.

This is actually the first time I am noticing these GPUs being sold for less than their original MSRP.

full member
Activity: 294
Merit: 100
Surprised to see this thread bumped up. Almost forgot I created it last year.

It's funny how it was almost a year later for mining profitability to drastically reduce to the point where we see loads amounts of GPUs all over Craiglists and eBay.

I also wonder too if we will ever get a mining boom again. Even if the ETH and BTC prices finally start going back up, the difficulties are just crazy high to go back to the $5/day/RX 470 profit levels.
In bearish market they are less coins profitable to mine so diff is higher, when prices are going up more coins is profitable and diff is going down a bit or stay the same level. When they are extreamly high profits per card many ppl start buying GPUs and diff start rising again Cheesy So it's normal market process imo.

I agree. I just make the GPU work more efficiently, so they will generate less heat.

It will also generate less heat, that will be most helpfull during hot summerdays. Multiple gpu rigs will consume a lot of electricity and generate a lot of heat.
newbie
Activity: 39
Merit: 0
Surprised to see this thread bumped up. Almost forgot I created it last year.

It's funny how it was almost a year later for mining profitability to drastically reduce to the point where we see loads amounts of GPUs all over Craiglists and eBay.

I also wonder too if we will ever get a mining boom again. Even if the ETH and BTC prices finally start going back up, the difficulties are just crazy high to go back to the $5/day/RX 470 profit levels.
In bearish market they are less coins profitable to mine so diff is higher, when prices are going up more coins is profitable and diff is going down a bit or stay the same level. When they are extreamly high profits per card many ppl start buying GPUs and diff start rising again Cheesy So it's normal market process imo.

I agree. I just make the GPU work more efficiently, so they will generate less heat.
newbie
Activity: 111
Merit: 0
Surprised to see this thread bumped up. Almost forgot I created it last year.

It's funny how it was almost a year later for mining profitability to drastically reduce to the point where we see loads amounts of GPUs all over Craiglists and eBay.

I also wonder too if we will ever get a mining boom again. Even if the ETH and BTC prices finally start going back up, the difficulties are just crazy high to go back to the $5/day/RX 470 profit levels.
In bearish market they are less coins profitable to mine so diff is higher, when prices are going up more coins is profitable and diff is going down a bit or stay the same level. When they are extreamly high profits per card many ppl start buying GPUs and diff start rising again Cheesy So it's normal market process imo.
full member
Activity: 294
Merit: 100
Surprised to see this thread bumped up. Almost forgot I created it last year.

It's funny how it was almost a year later for mining profitability to drastically reduce to the point where we see loads amounts of GPUs all over Craiglists and eBay.

I also wonder too if we will ever get a mining boom again. Even if the ETH and BTC prices finally start going back up, the difficulties are just crazy high to go back to the $5/day/RX 470 profit levels.

Dont think you will ever reach that $5/day/RX 470 profit levels. The way BTC keep dropping, mining will return a deficit and not a profit after elec.costs.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
Surprised to see this thread bumped up. Almost forgot I created it last year.

It's funny how it was almost a year later for mining profitability to drastically reduce to the point where we see loads amounts of GPUs all over Craiglists and eBay.

I also wonder too if we will ever get a mining boom again. Even if the ETH and BTC prices finally start going back up, the difficulties are just crazy high to go back to the $5/day/RX 470 profit levels.
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