/biz/ - Business & Finance

>>6757791
>payment options

Yes you are, but that doesn't have anything to do with you buying GPUs

>>6757791
Hahahhahaha, I love how salty PC gamers get about mining. I have a cheap 1070 but I use it to mine too most of the time. They are dumbasses if they think AMD or Nvidia would give a shit about GPU shortages, whilst they are raking in the cash.

>Things that never happened vol 3

Pretty sad larp OP

>>6757991
Whatcha talkin bout willis?

>>6757894
Yess, lure in the goyims...

no you did good, fuck gaymers

>>6757924
they will once PC gaming starts dying off as gamers that can't get the h/w they want hang up the towel and buy a normiebox. Good luck luring them back in once the new lifestyle settles in.

>>6757791
Sell them to the gayness for double the price.

>>6758570
I just had a mini aneurysm imagining having to flash all those bios

should we be buying AMD and Nvidia stocks right now?

should i actually buy these things for mining? is it still economically efficient?

>>6759046
You realize they can become one of us and still play the games... for example, when you want to play a game you let 5/6 of your gpus mine while using one for the game. its practically getting a free pc since it will pay itself off within a year...

>>6759155

Buy Intel dip

>>6759155
>should we be buying AMD and Nvidia stocks right now?
No. 2 years ago.

>>6759155
Nvidia is up over 100% in the last year, but it isn't over vidya cards. That's just a nice bonus.

>>6759087
There's more haha

>>6757791
You will pay for this /biz/, you are not gonna get unpunished!!!

>>6759209
Is mining even profitable at this point though? You do realize electricity isn't free right? Then again, mommy and daddy are probably footing the bill.

>>6759301
what shop is that and do you ship i needs mine

>>6757791
bullshit, you can't just walk into a store and get good mining gpu's anymore theres a nationwide shortage, unless you're buying something other than vegas or 1080's in which case why fucking bother

>mfw buying up all 1070s, 1080s and 1080 tis to mine monero, then selling x2 MSRP as like-new after running them 24/7 for 8 months

>>6759319

yes goy its not profitable i have a gtx 1080 ti and i pay more for engery than i make mining

>>6759362
this is exactly why i refuse to buy used gpu's, anyone who does is insane and would be better off literally wiping their ass with their dollars.

>>6759319
Paying my own bills and yup, its pretty much profitable.

>>6759301
How do you manage to get enough power? I ran out of circuits so goddamn fast. I assume you rent someplace industrial

>>6759415
If it has warranty, what is the problem...if the card is totally fried there is no way that manufacturer can know if you mined.

>>6759499
I don't hold them in one place...

>>6759539
because I want minimum headache and maximum profitability and going through the warranty process is a pain in the ass and reduces profitability while you're dealing with that shit and typically new cards are only slightly more expensive than used ones so I'd rather save the headache. Also, fuck people with misleading sales claims about their "like new" gpu's

>>6758570
>mining on amd
>2018

>>6759595
Are you renting places specifically for mining though? Is this some trade secret I'm not privy to?

>>6759697
amd hashrate blows nvidia out of the fucking water on cryptonight, and is comparable on ethash, depends on what you're mining

I have a single RX580. Is it worth using it to mine anything? Or do you need really good rates on power to be worthwhile? I'm in Ontario, pay an absurd amount for power.

>>6759301
yep just 500 each for a card that makes 1-2.50$ a day for a 200 day ROI if you're lucky
>mining in 2018 LOL get real

>>6759697
>living in 3rd world country
>cheap and stable electricity
>mining heaven

In my country you can mine with r9 290 and it would still be profitable

>>6757924
You'd think AMD or NVIDIA vendors would make headless cards for mining.

>>6759759
What is your cost per kwh?
http://whattomine.com/

>>6759755
welcome to mining noob, u dont know shit

>>6759850
They do, but only the 480 and 1060 cards got that treatment for some dumb reason.
https://www.asus.com/Graphics-Cards/MINING-RX470-4G/

>>6759759
Probably make just under 5 bucks of eth a day, but you'll be paying a couple bucks in in electricity bills a day too. Am leaf too so I'm talking CAD.

>>6759919
coming from some asshat that thinks a 580 costs $500 and only makes $2.50 a day fucking kek, thats a good one

you realize most gee pee yuus are bought up for mining in china

and anyone in western countries buying in bulk

don't go to best buy - they import direct.

>>6759825
200 day ROI + the resale value of the cards is fucking lit you retard. plus if you're running a full rig you make a lot more than 2$ a card, ROI is closer to 140 days.

>>6759539

All of the GPU's starting with Pascal series have a persistent instruction counter that will read astronomically high if the GPU has been used for 24/7 mining. When sent in for warranty claims they take a reading of this counter and if it's higher than what they would expect under normal usage then the warranty is voided.

>>6757791
no
gamers these days are sjw wankers
take off and nuke it from orbit

>>6759989
https://www.frys.com/search?query_search=&cat=-73022&nearbyStoreName=false&pType=pDisplay&fq=101536%20Video_Cards-100961%20AMD&sort=price%20desc&start=0&cat=-73022&from=0&to=99&nearbyStoreName=false


noob

>>6760054
In my country only registered companies can import big amounts, and registering a company costs too much..

>>6759850
This kills the resale value

>>6760055
>resale value of the cards
People are weary about buying cards these days because of miners, not so sure the resale value is something to bet on being recoverable

Not that big a deal if you''e making decent pofits

>>6757791

>tfw I can sell my 3 year old 980 Ti for over 2/3 what I paid for it brand new

feelsgoodman

>>6760200
Where have you been man? People are buying old ass used mining cards for more than they would have paid from a store rn

>>6760164
thats even greater incentive for them to do it

>>6760055
Hmm don't think mining is going to be profitable once the Casper Eth fork hits Q1 of 2018.

>>6760212

>>6759046
I made the modern gaming PC platform happen. I owe you nothing you shrill spoilt little cunt. Your generation made shit of it. Go learn assembler and stop being a bitch.

>>6759989
find me one in stock that isnt 500$ noob
you cant, you dont know what you're talking about.
But go ahead and get into mining in 2018 and in 6 months or even a year when you're nowhere near ROI remember, I told you noob

>>6760268
But miners don't want them for that reason. I would spend the extra few bucks for the head every time.

>>6760055
>>6760242
What is the failure rate after that long?

>>6760278
>Thinking Eth is the best/only coin to mine o_O

>>6759046
> I can't afford a 1070 right now so I quit gaming 4ever.
> Max settings or no pc games at all!

Be patient. This influx of profit is driving R&D for the next gen of GPUs. This is good for gamers.

>>6760300
>tfw when I didn't listen to faggots like you in summer when ETH was like 300 bucks
>>6760278
It's going to hurt for sure, but I don't think POW is going anywhere

>>6760300
you sound mad, can't get your pwetty wittle graffics cards cuz the big bad miners?
fuck you bitch I don't have to prove shit, I pounded the pavement and bought 8 for an average of $285 a piece, its not my fault you suck

>>6760351
>gaming on a 1070 and not a 1080ti

>>6760300
http://www.nowinstock.net/computers/videocards/amd/rx580/

XFX RX-580P427D6 : Newegg (Google Group Alert Enabled)
In Stock $429.99 Jan 20 - 7:48 PM


Now suck my cock bitch

>>6760395
>>tfw when I didn't listen to faggots like you in summer when ETH was like 300 bucks
I mean he's not wrong, 580s are $500ish almost everywhere

>>6760322
People have ran cards 24/7 for years on end with no issues. As long as temps are in check it's no more damaging than playing the top tier vidjyas. In fact temp changes like going from gaming to idle/idle to gaming (not to mention even booting the card up) is the hardest thing on a video card.

>>6760483
I never disputed that, only that I dismissed those same claims in summer and made bank

>>6760460
That's the 4G version, 8G is ~499 usually

>>6760566
>XFX RX-580P427D6
Was not specified in post faggot. it's a 580 bitch

>>6760300
>>6760460
I'll do you one better
>https://www.ebay.com/itm/ASUS-Radeon-RX-580-DirectX-12-DUAL-RX580-O4G-4GB-256-Bit/253380160414?hash=item3afea26b9e:g:5OQAAOSw9p9aYzaF
better scoop it up while it's hot anon

>>6759350
>nationwide shortage
I would say worldwide, I gave up to find gpu's online. I will go to make a few round in stores.

>>6760566
Why would you want the 8gb? ETH will be POS before the DAG even hits 3gb.

>>6760625
Why would you even want AMD.???????

>>6760609
Looks like a burnt up husk that was already used for mining.

>>6757791
>buying gpu's instead of using pure brain electrodes to power your pc gaming

>>6759924

1060fag reporting.

Pretty solid rig and making 200$ every 5 days

Fucking worth it

>>6760656
fuck it, says new

>>6760719
This is ebay we're talking about.
Account made late November and this is his only item.

>>6760645
RX 580 gets 30mhs, 1060 gets 22mhs, that's why. AMD are more of a bitch to work with but they are faster overall, other than a few niche algorithms. Running more than one type of rig is patrician tier.

>>6759046
Both xbox1 and ps4 use AMD gpus.

>>6759759
Stay plump Mr. Beagle :))

>>6760757
would I buy it? hell no, I was proving a point. I'm in the market for vegas which are like fucking houdini right now

>>6760832
Proving the point that there are scammers selling broken shit on ebay?...

The discord pump group that is unstoppable.._

https://discord dot gg/6ddqFHd

>>6760684
What do you mine

>>6760853
no just that you can get cheaper cards that are new but you probably won't get them all at once and not from the same source, especially if you're in the higher end market, but it still probably won't be msrp

Are you able to mine shit coins that havent taken off yet easily? Would that be better than just using nice hash and getting ~$4.40 a day on nicehash with my one GPU?

>>6761115
mine shit coins, hope for moon.
everything else is "maybe i'll afford a couple of pizzas a year" tier

>>6761236
lol yeah thats what I was thinking, I'll have to look into shitcoin mining

>>6759301
AHAHAHAHAHAHAH you stupid faggot
WHY , why not use that money to BUY crypto and trade

This is purely a money draining hobby, that is what mining is

By the time you put that all together, get all the other components you need, gather the space, mine for ages to get .02 of a block, and break even people have made 500k

YOU DUMB FAGGOT, listen to what i am telling you with your autistic hobby. ALL that extra work JUST to try to break even, when people are making trades and making 500k or a million dollars in 1 month.

Jokes on you though, your so cool making le gamers mad.

>>6760960
He is larping.

>>6761236
>>6761306
>mine 2 dollars worth of shitcoin
or
>mine 5 dollars worth of eth and trade for shitcoin you want
literally unless you get on some shit real early, like before its on cmc, there's no point in mining shitcoins

>>6761373
thats right goyim you tell em, we don't need anyone else crowding our profitable mining space. Trade into those pump and dumps and lose all your money while we make it all in min..err wait for our ROI

>>6761373
Parents couldn't afford a GPU for Christmas, didn't they?

>>6759277
Yeah up 100% in a year is pretty crazy for traditional stocks isn't it? In crypto that's like a shitty coin returns

>>6761702
>>6761475
Honestly curious, what kinds of ROI and profits are you getting from mining after factoring in all of the costs associated?
ROI must be especially shit now that GPU prices have doubled.

>>6759415
Not really a GPU can die after just say 2 years or as long as 7 or so. Its just luck, a used GPU can last longer than some badly made new ones. If you get a good price used you can reach ROI easily and just run the card until it dies anyway

>>6761778
depends on how much you pay but if you pay vlose to msrp then its like 4 or 5 months at the latest. then pure profit from then on. It also depends on the coin youre mining. if the coin youre mining doubles in value and youre only half way at your break even point when it does then you can sell and there you go ROI

>>6760783
ON ETH, that will be defunct soon. Then you're left with a lump of shit.

>>6760684
you must have about 20 of them

>>6761869
Sort of like certain car brands/models with mileage etc

I bought a card a couple years ago for $200, like an ati 290 or something, and it maxes every game I play at 1440p. So I don't what these fucking gamers are complaining about. Shouldn't have bought nvidia I guess.

>>6761874
Yeah I keep hearing "it depends" a lot and I'm sure it does. I just wanted to see some hard numbers from two guys who are apparently making money like this.
You can still say you made a profit whether it's $1 or $10,000. Factoring in the lifespan of a GPU degrading very quickly while mining I just cant imagine any sort of decent profit coming over the course of a year or two.

>>6761778
Since I bought GPUs at good price and since electricity is relatively cheap in my country (~0.08$) my roi is 4-5 months

>>6758570
>>6759301
Would you even notice 1-3 suddenly missing?

>>6761702
he's right anon. i've made like 20K in 1.5 months starting with a shitty 300 bucks. that's including the crash which set me back a decent bit. you are unironically WAY better off lurking biz and jumping into promising low cap coins.

>>6762018
Other than mining, I also trade and I know the risks of it. You could easily lost those 300$ .. best option Is mining and some of the mined value invest in other coins like LTC,xmr..

>>6757791
ive done the same thing at several places

stop competing with me faggot

>>6761958
right now my mining operation is making around 5k/month and i spent 20k on it.

>>6762192
Whoa, whoa we're on the same side my fellow miner

>>6761884
Any CryptoNight coin is better with AMD, i.e. Monero.

>>6759759
Stay plump Mr. Beagle

>>6757791
lol

>>6759046
new games are garbage why would I need newer hardware?