astronomical GPU prices?

Show me the money.As long as someone puts money in my hand I don't give a damn who buys.Money talks everything else is secondary.
 
jlbenedict said:
Gotta love how the miners tell the gamers to just "deal with it"...
Gamers are the driving force, behind the innovation and advancement of graphics technology.. From the S3 Virge... Voodoo 2.. and now your double slotted GTX's... WE, gamers demanded the best that AMD/ATI/Nvidia can provide.. .NOT YOU greedy ass miners.

And now for you to come along and just tell us to "deal with it".. yeah.. F you .
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We bring the money... apparently you bring the tears.

LOL
 

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So guys which is best bang for buck mining GPU? I am thinking of throwing 6 of them on a shelf to mine some pocket change. I was thinking 1080 Tis but they are hard to come by. Also is Nicehash the best idiot proof mining program or shall I look for some other program. Hit me a PM or something.
 
Airbrushkid said:
I didn't say I want to make it illegal to. Are you fucking nuts?? Read -
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Ok you have my apologies. It is easy to misread something on these forums. I was appalled by your statement as I thought I read it. But you cleared it up for me and now I see what you mean. Again my apologies.
 
KickAssCop said:
So guys which is best bang for buck mining GPU? I am thinking of throwing 6 of them on a shelf to mine some pocket change. I was thinking 1080 Tis but they are hard to come by. Also is Nicehash the best idiot proof mining program or shall I look for some other program. Hit me a PM or something.
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I have two 1080ti's and a 1070ti mining most of the day and night. I use my 1070 to game with and my 1080tis are Asus Poseidons downclocked a little and fully underwater. I have made over $100 in the last 4 or 5 days or so. The BTC price is fluctuating so I might have only made $80 or maybe $120 depending on what the price is doing. I lost an entire day when I rebooted my dual 1080 SkylakeX rig and forgot to start the mining software. Otherwise i'd have even more.

1070s make about $5.00/day downclocked a little to save from cooking them. 1080ti make between 7 and 8/day on avg. If you can find a box of 1070s I'd go with those or even 1080s. but the Tis just cost too much right now for any return in any substantial amount of time.

its better to just take the money you would buy GPU with and just buy coins straight up for cash. Then sit on them.

I am going to continue mining until I have about 1/2 a BTC to my name. Then sit on it for the next decade.

In the mean time I am thinking of getting a few thousand dollars of other high risk alt coins and making up for my losses with the winners.

At anyrate I think even GPU mining is going to become so difficult soon that its not going to be worth it. There are new batches of ASICs coming online soon that will probably raise the difficulty too high and even pool mining is getting to the point where you don't make that much. You can still drop $20K on GPUs right now and pay it off in a few months but I don't know for how long.

I am seriously counting on the price of BTC to completely bottom out, a major bubble burst, then I can snatch a ton of it for cheap, and then let it skyrocket again over the next few years,.

And about NiceHash, if your gonna mine using Nice hash they will not let you xfer your coin from their wallet to a wallet of your choice until you have amassed 0.01 BTC which takes quite a while unless your running 5+ Gpus.

My real income winner I am counting on is getting through Medical School at 37 years old, about to start soon, and grabbing a nice General Surgery fellow followed by a long shot attempt into the world of Neuro. But until then I am just an average joe working hard to pay mah bills.
 
KickAssCop said:
So guys which is best bang for buck mining GPU? I am thinking of throwing 6 of them on a shelf to mine some pocket change. I was thinking 1080 Tis but they are hard to come by. Also is Nicehash the best idiot proof mining program or shall I look for some other program. Hit me a PM or something.
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You're kind of late to the party. 1050 Tis are pretty much the only ones you can easily get right now.

Nicehash is the simplest way to manage switching from one coin to another. You basically just unzip it, enter your BTC address and run it, and it handles everything else. Awesome Miner is supposedly somewhat more profitable, but it's a lot more involved to set up.

As Tangoseal mentioned, one of the drawbacks of Nicehash is that you can't withdraw anything until you've produced .01BTC, UNLESS you're withdrawing to Coinbase. If you use coinbase, the threshold is currently .002, which my nine GPUs can do in about 16 hours.

tangoseal said:
I have two 1080ti's and a 1070ti mining most of the day and night. I use my 1070 to game with and my 1080tis are Asus Poseidons downclocked a little and fully underwater. I have made over $100 in the last 4 or 5 days or so. The BTC price is fluctuating so I might have only made $80 or maybe $120 depending on what the price is doing. I lost an entire day when I rebooted my dual 1080 SkylakeX rig and forgot to start the mining software. Otherwise i'd have even more.

1070s make about $5.00/day downclocked a little to save from cooking them. 1080ti make between 7 and 8/day on avg. If you can find a box of 1070s I'd go with those or even 1080s. but the Tis just cost too much right now for any return in any substantial amount of time.

its better to just take the money you would buy GPU with and just buy coins straight up for cash. Then sit on them.

I am going to continue mining until I have about 1/2 a BTC to my name. Then sit on it for the next decade.

In the mean time I am thinking of getting a few thousand dollars of other high risk alt coins and making up for my losses with the winners.

At anyrate I think even GPU mining is going to become so difficult soon that its not going to be worth it. There are new batches of ASICs coming online soon that will probably raise the difficulty too high and even pool mining is getting to the point where you don't make that much. You can still drop $20K on GPUs right now and pay it off in a few months but I don't know for how long.

I am seriously counting on the price of BTC to completely bottom out, a major bubble burst, then I can snatch a ton of it for cheap, and then let it skyrocket again over the next few years,.

And about NiceHash, if your gonna mine using Nice hash they will not let you xfer your coin from their wallet to a wallet of your choice until you have amassed 0.01 BTC which takes quite a while unless your running 5+ Gpus.

My real income winner I am counting on is getting through Medical School at 37 years old, about to start soon, and grabbing a nice General Surgery fellow followed by a long shot attempt into the world of Neuro. But until then I am just an average joe working hard to pay mah bills.
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Even if you became a neurosurgeon, wouldn't you still basically be an average joe working hard to pay the bills? You'd still have to, you know, have a job and stuff. My girlfriend's parents are doctors, and they're well off, but they still ultimately just work for the man.

Also, I would think the real threat to miners would be a switch of the major altcoins to a proof of stake system, where you don't use GPUs to mine anymore.
 
tangoseal said:
Take the flyer in and call them out ... they will honor the flyer price.
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No need. The cards I saw on the shelf had the lower price.

Seems to me MC is intentionally contributing to the bloat by displaying inflated online prices which cannot be purchased there. For instance ... flier dated this week has EVGA 1080SC for $550. Same SKU# on their web page shows $1,020 and clearly states "unavailable online". As do all the other upper tier cards with similar price divergence.

On the other hand, perhaps it is a means to encourage people to buy in house as opposed to online, making it harder for miners to grab them all up. This sign may seem to support that. Those are RX 580s behind it by the way.
 

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Micro Center prices are hilarious. Do they really think anyone will pay these prices?
These are in stock at a store near me, (Chicagoland/Westmont)

XFX Radeon RX-580 Overclocked 4GB - 699.99
http://www.microcenter.com/product/479179/Radeon_RX-580_Overclocked_4GB_GDDR5_Video_Card

EVGA GeForce GTX 1060 SuperClocked GAMING 3GB - 539.99
http://www.microcenter.com/product/469129/GeForce_GTX_1060_SuperClocked_GAMING_3GB_GDDR5_Video_Card

ASUS GeForce GTX 1050 Ti Overclocked 4GB STRIX - 349.99
http://www.microcenter.com/product/...50_Ti_Overclocked_4GB_STRIX_Gaming_Video_Card

ASUS GeForce GTX 1050 Ti 4GB - 329.99
http://www.microcenter.com/product/472833/GeForce_GTX_1050_Ti_4GB_GDDR5_Dual-Fan_Video_Card
 
pgaster said:
Micro Center prices are hilarious. Do they really think anyone will pay these prices?
These are in stock at a store near me, (Chicagoland/Westmont)
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Yes, but are the cards in stock at your local store priced that way?
 
Susquehannock said:
Yes, but are the cards in stock at your local store priced that way?
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Yes, I said that already, and you can pick Westmont as the store location from the drop down at the top. Then you will see yourself.
Of course maybe someone will get desperate and buy at these prices and they may go fast, who knows.
 
pgaster said:
Yes, I said that already, and you can pick Westmont as the store location from the drop down at the top. Then you will see yourself.
Of course maybe someone will get desperate and buy at these prices and they may go fast, who knows.
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My mistake. Did not realize you actually visited the store and were not just looking at the web pages.
 
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Susquehannock said:
My mistake. Did not realize you actually visited the store and were not just looking at the web pages.
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I did not go to the store, but I don't need to. If you pick any store, it shows you the quantity in stock. Most just have 1 or 2 in stock, so no large quantities.
It seems like the ones that were in stock earlier in the day are still there, so they jacked up prices so high that even the miners won't buy them now. They got too greedy and went to far, at least for now.
 
pgaster said:
I did not go to the store, but I don't need to. If you pick any store, it shows you the quantity in stock. Most just have 1 or 2 in stock, so no large quantities.
It seems like the ones that were in stock earlier in the day are still there, so they jacked up prices so high that even the miners won't buy them now. They got too greedy and went to far, at least for now.
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Apparently you do need to go visit then. Been saying that prices on the web page are not indicative of ones on the shelf. And if they are inflated at your particular store, pick up a flier by the front door and make them honor what is advertised.
 
pgaster said:
I did not go to the store, but I don't need to. If you pick any store, it shows you the quantity in stock. Most just have 1 or 2 in stock, so no large quantities.
It seems like the ones that were in stock earlier in the day are still there, so they jacked up prices so high that even the miners won't buy them now. They got too greedy and went to far, at least for now.
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They are advertising the prices high online on purpose to stop miners from buying out the entire stock. If you GO THERE and ask you will get the regular price.
 
pgaster said:
NVIDIA Asks Retailers To Stop Selling To Miners & Sell To Gamers Instead

https://wccftech.com/nvidia-instructs-retailers-stop-selling-miners-sell-gamers/

NVIDIA is reportedly asking retailers to stop selling its graphics cards to miners in a bold move by the company to remedy the catastrophic GPU shortage that we’ve seen take hold for the past several months. GPUs are consistently out of stock in all major retailers on a global scale and graphics card prices have seen a two to three fold increase over original MSRPs.

The company wants its cards to go to gamers instead and it’s trying to do so by directly selling on its website and asking its retail partners to limit orders to two cards per person. When asked to comment, NVIDIA provided the following statement to ComputerBase.de

Boris Böhles – NVIDIA ( Translated from German to English )
“For NVIDIA, gamers come first. All activities related to our GeForce product line are targeted at our main audience. To ensure that GeForce gamers continue to have good GeForce graphics card availability in the current situation, we recommend that our trading partners make the appropriate arrangements to meet gamers’ needs as usual."
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They say this meaningless quip to pacify their gamer audience, and then display their true intent by modifying their warranty statement to include warranty support of crypto-currency mining on gaming cards in data centers... If they truly meant to stop the use of crypto-currency mining on gaming cards, they would simply explicitly exclude it from the warranty, instead of explicitly including it. Check out the warranty revision date too --- January 18, 2018

https://www.coindesk.com/nvidia-wants-to-halt-data-center-gpu-use-but-crypto-miners-are-excluded/

That's some doubletalking to be sure... and I'm not surprised in one iota.
 
Well I couldn't have imagined a worse time for my GPU to take a dump, my GTX 570 decided that it no longer wants to live. I guess I should be thankful that I've got onboard video for the time being, HD3000 doesn't do much but at least it's functional. I don't think I can drop $1,200 on a Titan Xp and still be ok with myself. I guess I'll wait a couple months till the Volta comes out and hope I can score one of them.
 
I am not sure we will see normal GPU prices for a very long time. Once AI solutions start to hit the market, as in millions, tens of millions of GPUs, security systems that use AI, Airlines and the list is endless - all basically GPU's taking Foundry time, memory etc. Mining may look like a drop in the bucket compared to that market. Highly parallel processors will only grow in demand. Intel had no choice but to work with AMD and get a GPU combined with their processor - so many new programs use the GPU that just the CPU would be too limiting. Now comparing compute power of all the X86/X64 systems compared to GPU's - in the world I think the trend is very clear which is growing much faster.
 
Susquehannock said:
Apparently you do need to go visit then. Been saying that prices on the web page are not indicative of ones on the shelf. And if they are inflated at your particular store, pick up a flier by the front door and make them honor what is advertised.
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Here is an update from someone who went to the store: https://hardforum.com/threads/sell-my-1080ti.1952663/page-2#post-1043443758

Micro Center pulled all the old flyers when they jacked the prices, so yes, what we see online is the real price if you want to buy a card only.

Then again there are reports that if you buy a cpu and motherboard plus a video card then you may get a special bundle deal on the card: https ://www.reddit.com/r/buildapcsales/comments/7rzu4q/meta_microcenter_is_having_special_instore/

This was posted by eclypse in this thread: https://hardforum.com/threads/sell-my-1080ti.1952663/page-2
 
Thanks.. still fummimg over this. Mc corporate will be getting a nice phone call in the morning over it.
 
So as a normal PC enthusiast what should I be doing? I upgraded our PC for our daughter but left the old GTX 460 in it until I found a graphics card I wanted. Now with everything being distorted I almost feel extorted into buying something older for too much money. The best I see local to me is a GTX 970 Asus Turbo for $300CAD. I'm sure two months ago that card would have been half the cost but I don't know what I should do. I wanted a 3GB 1060 but that's like a pipe dream now. Even the HP Gaming rigs that sold for $500 on Walmart are now $560 ish on Ebay and people are just stripping out the 1060 and reselling the box.

It just sucks as someone in the midst of an upgrade.
 
RPKYGK said:
So as a normal PC enthusiast what should I be doing? I upgraded our PC for our daughter but left the old GTX 460 in it until I found a graphics card I wanted. Now with everything being distorted I almost feel extorted into buying something older for too much money. The best I see local to me is a GTX 970 Asus Turbo for $300CAD. I'm sure two months ago that card would have been half the cost but I don't know what I should do. I wanted a 3GB 1060 but that's like a pipe dream now. Even the HP Gaming rigs that sold for $500 on Walmart are now $560 ish on Ebay and people are just stripping out the 1060 and reselling the box.

It just sucks as someone in the midst of an upgrade.
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GTX 1050 will stomp a 460 and is still available and easily obtainable and cheap. A 1050 TI can be had around $200

Newegg had 3gb 1060's in stock on Ebay for $279 IIRC.
 
matt167 said:
GTX 1050 will stomp a 460 and is still available and easily obtainable and cheap. A 1050 TI can be had around $200

Newegg had 3gb 1060's in stock on Ebay for $279 IIRC.
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But $279 Patriot bucks is like $348CAD, plus I have to pay $5 USD to have the Kinek receive it and then drive down and get it. Is the performance of a 1060 3GB much more than an old 970? The 970 has 4gb ram.
 
a 3gb model will be pretty close. The 6gb variation is about 15% faster. 1060 uses a lot less power but performance is close enough
 
RPKYGK said:
So as a normal PC enthusiast what should I be doing? I upgraded our PC for our daughter but left the old GTX 460 in it until I found a graphics card I wanted. Now with everything being distorted I almost feel extorted into buying something older for too much money. The best I see local to me is a GTX 970 Asus Turbo for $300CAD. I'm sure two months ago that card would have been half the cost but I don't know what I should do. I wanted a 3GB 1060 but that's like a pipe dream now. Even the HP Gaming rigs that sold for $500 on Walmart are now $560 ish on Ebay and people are just stripping out the 1060 and reselling the box.

It just sucks as someone in the midst of an upgrade.
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Nobody is forcing you to buy anything - so it's hardly extortion.

If the RX460 isn't meeting your needs then camp on nowinstock.net and sign up for txt alerts on the card you want. You'll have a card in short order.
 
Archaea said:
Nobody is forcing you to buy anything - so it's hardly extortion
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Yes I get that. I don't have an RX460, I have a GTX 460. Even older. I'm on there now, its kind of annoying there are false positives on the pages for 1060 so I'm getting alerts in my browser all the time. I'm just getting the text setup now.
 
RPKYGK said:
So as a normal PC enthusiast what should I be doing? I upgraded our PC for our daughter but left the old GTX 460 in it until I found a graphics card I wanted. Now with everything being distorted I almost feel extorted into buying something older for too much money. The best I see local to me is a GTX 970 Asus Turbo for $300CAD. I'm sure two months ago that card would have been half the cost but I don't know what I should do. I wanted a 3GB 1060 but that's like a pipe dream now. Even the HP Gaming rigs that sold for $500 on Walmart are now $560 ish on Ebay and people are just stripping out the 1060 and reselling the box.

It just sucks as someone in the midst of an upgrade.
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1050 Ti?

The scalping of these does not seem to be nearly as severe as the higher end cards, since you need a lot more of them to really move the needle in terms of mining. The one in my laptop is surprisingly good, though. This would be my go-to for pretty much any non-hardcore custom PC, mining boom or not.
 
All this mining stuff is cool, my uncle does it, but still I'm trying to build my first PC and I can't even find a 1050ti for less than 200 dollars.
 
Horiscopes said:
Probably a good idea, except he mines with 1080tis, and I just want a 1050ti :((
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thing is -- the ROI is fairly similar regardless of what card you get. Pay off a 1050TI making $2 bucks a day in 100 days, or pay off a 1080TI making $8 bucks a day in 100 days.

When the card is paid off (at nearly the same time - which card would you rather have for residual income?
 
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