Why the GPUs got sold out again in 2018?

RYUJiN_921

newbie

Activity: 6

Merit: 0

Quote from: Exaco on January 23, 2018, 11:13:31 AM

Hello, i understand why all GPU was grabbed off the shelves in ~mid of 2017, but why now? 1070 is almost 1000USD now..

I don't get it, the profits from GPU mining are getting lower and lower. In 2017 i've been able to make around 8USD/24h. Now all i can do max is around 3USD.

I don't get it either! the funny thing is the nVida is asking retailers to limit each person to 2 GPU's only http://www.techradar.com/news/nvidia-says-gamers-come-first-as-it-moves-against-miners-bulk-ordering-graphics-cards . Now wouldn't that make it even more expensive for miners?

Exaco

newbie

Activity: 6

Merit: 0

Yeah but no one will bother with 4$ per Day, considering u can't use ur PC anymore.
Having separate rig maybe is worth to mine then. But for example now 980Ti is around 400Eur, so 82.91Eur per month is not really worth it, that's almost 5 months to get back the $ from the investment for GPU's and also when buying used GPU you never know if the GPU was taken out of the oven ( a trick to revive dead gpu for short period of time ), then the GPU could die and u end up in a huge loss.

1080Ti prices went up like up to 1800EUR ( 1000e for used ) and it's around 120eur per month ( almost a year to get back the investment and again the question if its gonna last that year )..

I think instead of investing for mining hw better idea would be invest into crypto trading, faster and risk is nearly the same.

Because current GPU mining profits is very low, except for the millionaires who has like hundreds or thousands of 1080Ti's and other similar cards ( like these rich chinese guys ).

AdolfinWolf

legendary

Activity: 1946

Merit: 1427

Quote from: Exaco on January 23, 2018, 11:13:31 AM

Hello, i understand why all GPU was grabbed off the shelves in ~mid of 2017, but why now? 1070 is almost 1000USD now..

I don't get it, the profits from GPU mining are getting lower and lower. In 2017 i've been able to make around 8USD/24h. Now all i can do max is around 3USD.

3USD per day is still 100% ROI yearly. ( if you ofcourse not count the $ you pay for electricity)

Considering that you'll probably be able to mine a couple of years, you will still get a great interest, even if the cards are currently wayy overpriced.

Nicehash currently shows that you can make ~4$ a day btw,
https://www.nicehash.com/profitability-calculator/nvidia-gtx-1070-ti?e=0.00001¤cy=USD

Exaco

newbie

Activity: 6

Merit: 0

Hello, i understand why all GPU was grabbed off the shelves in ~mid of 2017, but why now? 1070 is almost 1000USD now..

I don't get it, the profits from GPU mining are getting lower and lower. In 2017 i've been able to make around 8USD/24h. Now all i can do max is around 3USD.

Topic: Why the GPUs got sold out again in 2018? (Read 123 times)