Many AMD GPU's available. Are you still buying? - page 2.

QuintLeo

legendary

Activity: 1498

Merit: 1030

Quote from: davemanet on November 01, 2017, 02:17:19 AM

I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs?

I have yet to see ANY AMD RX 470/480/570/580 at anywhere near it's "regular price" from Febuary or before.

The RX 460/560 was less effected by the shortage, and I think the Vegas are finally dropping down to close to their "list price" as supply catches up to demand (and given the relatively poor performance of the VEGA in it's price range, I won't be shocked to see them hitting noticeable discounts vs "list price" soon).

HOWEVER

Profitability on mining is back down into the rough ballpark of where it was at back in Febuary on most coins, before the big price surge hit - and I suspect new rig building is going to stay depressed for a while, then when ETH goes POS profitability is going to colllapse across the board for GPU mineable coins and a lotta current rigs are going to get sold off for parts because they're no longer profitable even at CHEAP electric rates.

I personally am not mining with any of my AMD GPUs at this point, as such (technically they're earning some Gridcoin but it barely pays their electric usage).
I have zero intent of buying any AMD cards for the foreseeable future to mine on because the pricing on the good mining cards is STILL inflated quite a bit.

Vann

hero member

Activity: 1036

Merit: 606

At this time IMO, you are better off putting the money in BTC. Wall Street is expected to invest $1B in BTC and other Blue Chip Cryptos and another $1B in BTC related companies before the end of the year. Richard Heart is calling for $20K BTC by Xmas. If that happens, you can take profit after the New Year and buy the same rig for <1/3 of the price with the money invested.

https://www.youtube.com/watch?v=MZtF3uOnjxQ

suprnurd

member

Activity: 250

Merit: 12

Support Guru

This was all really interesting to read. I invested in nVIDIA hardware but was curious/interested to see what I could build with AMD especially since all graphics cards are very overpriced here in Canada.

Given that prices are coming down now, I may take a second look and maybe build a small 3-card rig just for fun.

xxcsu

hero member

Activity: 1498

Merit: 597

Just posted this 2 days ago in another topic , calculated ROI for a 8 cards rig for a member who thinking to jump into the mining...

Quote from: xxcsu on October 30, 2017, 01:13:23 PM

1X ASRock H110 Pro BTC+ LGA 1151 Motherboard -- 115$
1X Intel Celeron G3930 Kaby Lake -- 40$
1X G.SKILL Ripjaws V Series 8GB (2 x 4GB) 288-Pin DDR4 SDRAM -- 85$
1X OCZ Storage Solutions 120gb SSD -- 55$
1x EVGA SuperNOVA 1600W T2 PSU -- 430$
8x RX580/8gb -- 2400$
8x PCI-e Express 1X to 16X Riser Card -- 72$
1x 8, 9,10 GPU aluminum open air mining case -- 180$

Total : 3377$
You can go lower probably around 3000-3100$, if you building your own case , ordering cheaper PSU , going for a 4GB ram , using HDD not SSD , getting cheaper risers ...
With this setup you can get around 230-240MH/s mining speed on ETH after proper bios mod / undervolting / overclocking.
Your ROI ( return of investment) is going to be around a year , depend on to many factor ( ETH/USD exchange rate / difficulty / when ETH going to POS ? / what you are paying for electricity.

i calculated your estimated earning with 0.1$/KW/h electricity rate , and a 1200watts power usage ( to archive this you need to undervolt , overclock your cards , mod your bios )

Before you going to start your first adventure with mining , i would suggest you to read this topic

You need to understand , None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !

Bare

member

Activity: 130

Merit: 11

Just bought sapphire Fury x at my local craigslist, got it from a guy for only 280€ since he's in a rush to buy Vega(dunno which one),
now that's a good deal to me considering I can't find any Fury x(even non x) below 400€ anywhere(in EU ofc) and I was always paying around 250-300€ max. for Fury

so basically I got liquid cooling for free...

Damn I love Fijis...

shibob

full member

Activity: 672

Merit: 154

Blockchain Evangelist.

I'm using some AMD rigs, and I'm going to grab more AMD cards but not now. The prices are still a way higher than profit.

mojoxc

member

Activity: 94

Merit: 10

Still buying gpus but building rigs for specific algorithims and not doing 100's of rigs at a time.

PranDoW

sr. member

Activity: 420

Merit: 252

Maybe later I am going to try AMD, but now I prefer nVidia cards because of their universality. To be honest yes Im planning to buy about 6 cards just for experiments

Technicrate

newbie

Activity: 68

Merit: 0

Quote from: Sev18 on November 01, 2017, 08:09:25 AM

Its profitability has sharply decreased from crazy may 2017, but people thinking of long-term investment are still purchasing GPUs.

It is better to buy the coins directly. You do not have the noise.

Sev18

full member

Activity: 154

Merit: 100

Its profitability has sharply decreased from crazy may 2017, but people thinking of long-term investment are still purchasing GPUs.

Pencila

newbie

Activity: 27

Merit: 0

Quote from: DmitrySh on November 01, 2017, 04:40:03 AM

Quote from: davemanet on November 01, 2017, 02:17:19 AM

I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs?

Hi, my thinking it's way with nVidia cards only,
The reasons:
1. Lower voltage.
2. Better cooling systems.
3. Better to overclocking.
4. The price not so much upper.

Right now on the ~500mhs it's 2.5eth per month,
15 GPU's of Nvidia 1060 6GB - around 355 mhs and the price for cards was ~4500 euros + ~2000 euros for PSU's and others.
5 GPU's of AMD Cards - 138 mhs - the price was ~1500 euros + ~700 euros for PSU's and others
Total:8700euro
Per month:644,625 euros
Electricity: 100euros
Placement: 80euros
Total profit:464,62euro
So right now it's not so profitable to build new rigs,actually payback of GPUs around 13-18 monthes. (And it's with low voltage cards. With Red i think it will up to 20-24 month)

I have similar calculation. So unless there is big pump of the altcoins, it is not worth investing in mining.

DmitrySh

newbie

Activity: 5

Merit: 0

Quote from: davemanet on November 01, 2017, 02:17:19 AM

I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs?

Hi, my thinking it's way with nVidia cards only,
The reasons:
1. Lower voltage.
2. Better cooling systems.
3. Better to overclocking.
4. The price not so much upper.

Right now on the ~500mhs it's 2.5eth per month,
15 GPU's of Nvidia 1060 6GB - around 355 mhs and the price for cards was ~4500 euros + ~2000 euros for PSU's and others.
5 GPU's of AMD Cards - 138 mhs - the price was ~1500 euros + ~700 euros for PSU's and others
Total:8700euro
Per month:644,625 euros
Electricity: 100euros
Placement: 80euros
Total profit:464,62euro
So right now it's not so profitable to build new rigs,actually payback of GPUs around 13-18 monthes. (And it's with low voltage cards. With Red i think it will up to 20-24 month)

Za1n

legendary

Activity: 1078

Merit: 1011

Quote from: davemanet on November 01, 2017, 02:17:19 AM

I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs?

Prices are not normal yet. I just looked up a 8 GB RX580 selling for $269 on New Egg. Before the run-up in prices this last spring you could get the same card for $209 and sometimes on sale for $199. I have invoices from that time period to back this up so I am not just succumbing to false memory. I have stopped building new rigs for the time being and letting the market sort itself out. I think the premiums on hardware need to come down quite a bit yet from their highs and maybe when this has happens I will take another look.

Also, similar to the poster above me, if I were to build a new rig I will probably go with Nvidia for their better power efficiency and more flexibility with which algorithm you can run. Once payback periods start pushing out to a year or longer, you cannot ignore such factors like you could back in the days where anything you bought could be paid off in 3 months.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

return of investment is around 2 years, nobody is crazy to buy cause less than a year from now eth will be pos and most likely will not be profitable anymore. Now, with Nvidia and equihash things are different, with nvidia you may gamble, with amd you cant gamble. Also, nvidia uses less electricity which in turn is better for coolers and heatsinks and the roi might be less than with amd and most nvidia partners have a better warranty than amd partners. So forget amd for now, where i live amd gpus are still ovepriced, I mean, while I can buy a gtx 1070 for 440 usd, a rx 580 8gb is around 420 usd. It makes no sense at all.

davemanet

full member

Activity: 336

Merit: 100

I notice that many AMD Gpu's are available for regular price now. Are you guys still buying rigs? Or is it at a point where it's not very wise to build more rigs?

Topic: Many AMD GPU's available. Are you still buying? - page 2. (Read 1461 times)