LOL, this bullrun looks pathetic for GPU miners haha
last cycle: we bought the biggest and baddest GPU (1080ti), and then we scratch the buying/building itch by buying one after the other.
this cycle: shuffle on mid range GPU?
Actually this is better. So far it appears to have way more staying power this way.
I rather a forced slow gear acquirability for miners than too much too soon.
I think the gpu shortage and chip shortage it preventing the diff from growing to 650th
Last I looked we were at 437th on Sun the 7th of march 2021
On June 8 2020 we were at 185th
from below
https://etherscan.io/chart/hashrateso 437/185 = a factor of 2.362
prices from below
https://etherscan.io/chart/etherpricemarch 10 2021 = 1795
June 8. 2020 = 244. a factor of 7.356
gas from this chart
https://etherscan.io/chart/gasprice41 gwei June 8 2020
134 gwei March 10 2021. a factor of 3.268
so 3.268 x 7.356 = 24.03/ 2.362 = 10.177 x better to mine now. Than June of 2020
Cards accordingly became more valuable.
I listed this sale in marketplace to illustrate either poor forward thinking or good forward thinking by Bitcointalk miners.
https://bitcointalksearch.org/topic/sold-feeler-bids-or-offers-for-evga-3080-msicorsair-1080ti-seahawk-sold-5320394I am basically offering a free 1080ti along with an expensive 3080 no takers so far. The deal would be 2100 to 2200 hundred vs 2900-3100 on ebay.
I listed this offer and no one took it.
https://bitcointalksearch.org/topic/i-have-a-5700xt-coming-next-week-new-in-box-feelers-for-selling-it-5308136The 5700 xt xfx is now pretty much a winner. Since it has mined for 60 days making 4.50 profit each day or 270 back. So people were not confidant in buying it at 600 vs 900 on ebay.
So a poor decision by the market on the xfx 5700 xt offered by me.
Fear of losing out by paying a mark up hurt someone that could have grabbed it.
Back to today no gear for you is the general message all over the world. I think this will extend the run a long time. As it creates the perception that value exists.
2021 will be the most amazing bull run we have ever seen.
yesterday day a grabbed an evga 3080 3897 for 1300 six months to pay.
https://www.evga.com/products/product.aspx?pn=10G-P5-3897-KR. it is 880 plus 61 tax or 941
So I was marked up 359 usd is this stupid on my part. well in 40 days I will have earned the marked up back and in 100 more the card is free.
I laid out 0 cash have 6 months to pay it off. I would buy this card again if offered this deal.
I say keep the card shortage going.