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Topic: Newegg advertising "Bitcoin mining gear" (Read 2481 times)

legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
January 16, 2014, 04:03:02 PM
#26
I wonder if people still hold the mentality that "miners are just a small flash in the pan" when it comes to GPU sales.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
January 16, 2014, 03:58:00 PM
#25
AMD actually started listing mining as a feature on their own product pages back when it was relevantish.
Yup, back when the 7xxx cards came out. And they didn't specify "bitcoin", they only stated that they are good for mining, wich is a wise move, because they are good at bitcoin mining (ye well before asics) but they are also good at litecoin (scrypt algorithm) mining Cheesy
legendary
Activity: 1500
Merit: 1022
I advocate the Zeitgeist Movement & Venus Project.
January 16, 2014, 05:14:03 AM
#23
AMD actually started listing mining as a feature on their own product pages back when it was relevantish.
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
January 16, 2014, 12:48:22 AM
#22
just goes to show the mainstream business still has absolutely no clue about bitcoins...
newbie
Activity: 26
Merit: 0
January 16, 2014, 12:45:15 AM
#21
Newegg's customer service is awful these days.  It looks like their ability to do some basic research on what their customers are using their purchases for is just as bad.
newbie
Activity: 42
Merit: 0
January 15, 2014, 10:34:50 PM
#20
Yeah I've advertisements for actual "Bitcoin Miners"... some of that stuff is EXPENSIVE!
member
Activity: 84
Merit: 10
January 15, 2014, 08:36:22 PM
#19
This is like selling a 49er gold panning equipment but not accepting his gold for payment.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
January 15, 2014, 05:05:52 PM
#18


They are a bit late... just a bit...
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
January 15, 2014, 04:30:01 PM
#17
its more Litecoin mining than bitcoin mining  Smiley
hero member
Activity: 546
Merit: 500
Carpe Diem
January 15, 2014, 04:16:34 PM
#16
DOn't you think most sales on ebay are for bitcoin mining at this point?  how do you know they are mostly sales for graphics?  especially the older cards, they must be for mining, I don't know why as it's not profitable though.
legendary
Activity: 2674
Merit: 2965
Terminated.
January 15, 2014, 04:16:04 PM
#15
I don't think a very high percentage will "quickly realize" anything.
Else they would have realized beforehand and not started mining in the first place.
donator
Activity: 686
Merit: 519
It's for the children!
January 15, 2014, 03:25:09 PM
#14
This is great!

All these high end GPUs are going to be bought up by the uninformed.

They will get home, plug them in, start mining, and quickly realize that they made a big mistake.

This means I will be able to buy myself some very nice 2nd hand graphic cards on Ebay very soon!


I don't think a very high percentage will "quickly realize" anything.
newbie
Activity: 49
Merit: 0
January 15, 2014, 02:50:42 PM
#13
This is great!

All these high end GPUs are going to be bought up by the uninformed.

They will get home, plug them in, start mining, and quickly realize that they made a big mistake.

This means I will be able to buy myself some very nice 2nd hand graphic cards on Ebay very soon!
hero member
Activity: 546
Merit: 500
January 15, 2014, 02:46:37 PM
#12
Not exactly useful for BTC mining any more. I thought it was just interesting to see a company as large as Newegg mention Bitcoin in any advertisement regarless of how accurate it is.

I still can't believe not a single GPU make has started doing so.

Manufacturers are likely aware that miners (scrypt) are buying up all available GPU's?

Except this isn't true in the slightest. The GPUs bought for alt coin mining is only a drop in the bucket compared to GPUs sold for graphocs.
full member
Activity: 168
Merit: 100
January 15, 2014, 01:44:31 PM
#11
So how long until Newegg accepts Bitcoin from customers who want to buy "Bitcoin miners"?
legendary
Activity: 2674
Merit: 2965
Terminated.
January 15, 2014, 01:34:07 PM
#10
Well if it's custom made it is most likely bad. Look at iBuyPower they are using i3 which is water cooled in their top tier for mining.  Roll Eyes
hero member
Activity: 770
Merit: 500
January 15, 2014, 01:24:30 PM
#9
should read , litecoin mining gear
hero member
Activity: 546
Merit: 500
Carpe Diem
January 15, 2014, 12:28:08 PM
#8
Yeah Newegg is helping with the Bitcoin hype but it's not really realistic to be mining with any gpu as far as I can tell.  I guess for Newegg it's whatever can help them sell!
full member
Activity: 168
Merit: 100
January 15, 2014, 12:17:10 PM
#7
Just about two years too late. Smiley
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