ClaytonGaudry
does jacob usually give warning in the gpu section on when he’s gonna update the stock?

No but he will mention it when he does..

If you catch him posting up here for whatecer Read on it's usually because he's about to list some.

Okay thank you

dugoth

racebum

ClaytonGaudry
why would they buy them up again if mining isn’t profitable?

miners aren't buying them. it's all gamers, scammers trying to flip and the lack of supply. that last point is the major one
 
an antminer s9 is $2000 with a power supply from bitmain currently. that has the hashing power of 3x 1080ti which now costs a guy about $2700 + a 1000w PSU $200-250 and that's if you have extra pcie lanes open for the 3 cards. 
 
if someone is buying gpus to mine at these prices they are quite frankly. stupid 

antminer's won't work on the asic-resistant crypto's that miner's are buying GPUs for currently, like Ethereum and Monero. I did see an article yesterday about an ASIC coming out soon for Monero, but that crypto also specifically has plans to vary their algorithm to prevent asic mining, since it scales the difficulty so high and takes mining away from individuals. Just too much crypto mining control on ASICs in centralized locations for some crypto's to b comfortable with it.

doesn't matter. they are all interconnected. you can trade one for the other with the click of a button. 2 months ago ether, vertcoin, zcash and the others were slightly more profitable. now so many people are on the bandwagon with gpus running asics is more profitable. 
 
it's even more ridiculous when you factor in gpu's cost about 33% more for the same hashing power 
 
seriously, do the math, see for yourself 

1070 Ti SC in stock
 

racebum

dugoth
antminer's won't work on the asic-resistant crypto's that miner's are buying GPUs for currently, like Ethereum and Monero. I did see an article yesterday about an ASIC coming out soon for Monero, but that crypto also specifically has plans to vary their algorithm to prevent asic mining, since it scales the difficulty so high and takes mining away from individuals. Just too much crypto mining control on ASICs in centralized locations for some crypto's to b comfortable with it.

doesn't matter. they are all interconnected. you can trade one for the other with the click of a button. 2 months ago ether, vertcoin, zcash and the others were slightly more profitable. now so many people are on the bandwagon with gpus running asics is more profitable. 
 
it's even more ridiculous when you factor in gpu's cost about 33% more for the same hashing power 
 
seriously, do the math, see for yourself 

Yes and no, as soon as an ASIC enters the mining field of a given crypto the difficulty skyrockets and the profits plunge. I wouldn't be at all surprised to find that the exchange rates are ultimately fairly comparable, so that you can get as much value mining one anti-ASIC currency on a GPU at X difficulty as you can on mining an ASIC currency on an antminer at X times 10 difficulty. That's ignoring the whole issue of escalating difficulty over time. It's all well and good to spend $2000 on an antminder 9 now for 600MH (I'm not a miner, don't know the actual numbers), under the assumption you'll get a ROI in 6 months at that rate only to have the antiminer 10 come out in 2 months and triple the difficulty, pushing your ROI out indefinitely. Similar issue with GPU mining atm really. It's all well and good to plan out for ROI for 6-24 months, but people are using fixed values for that calculation when they are actually quite variable.
 
Really in some ways similar to a pyramid scheme IMO. Early adopters can definitely make significant profits but there ultimately comes a tipping point where any new additions are in a no-win situation without realizing it. Not sure crypto is quite there yet but it's starting to feel like it with the direction the market has been going and the ever expanding ROIs on mining investments.

That's the GPU problem right now. You're making about $2 a day on a 1080ti . actually a little less than that currently. That's around 450 days to break even not counting electricity so if you factor that in it's over 500. Like I said no one is buying gpus right now to mine if they have a brain. Just a couple months ago you could break even and under 6 months. The Asic and GPU have basically equalized which you would expect in the market. The thing is Asics cost 33% less right now. Difficulty adjustments happen on GPU coins just the same. A lot of people sell hashing power with nicehash for example. You're making about 40% less today than you would have at the beginning of January simply because so many people have turned on their gaming rig to make a couple extra dollars and or bought up a bunch of cards thinking profits would be just like they were when they bought. Difficulty adjustments have actually came on much slower on bitcoin versus the Asic resistant GPU coins in the past 60 days. There is a ridiculous amount of misinformation about mining out there and most of it you can figure out with a little research. This is making the problem worse in my opinion

racebum
That's the GPU problem right now. You're making about $2 a day on a 1080ti . actually a little less than that currently. That's around 450 days to break even not counting electricity so if you factor that in it's over 500. Like I said no one is buying gpus right now to mine if they have a brain. Just a couple months ago you could break even and under 6 months. The Asic and GPU have basically equalized which you would expect in the market. The thing is Asics cost 33% less right now. Difficulty adjustments happen on GPU coins just the same. A lot of people sell hashing power with nicehash for example. You're making about 40% less today than you would have at the beginning of January simply because so many people have turned on their gaming rig to make a couple extra dollars and or bought up a bunch of cards thinking profits would be just like they were when they bought. Difficulty adjustments have actually came on much slower on bitcoin versus the Asic resistant GPU coins in the past 60 days. There is a ridiculous amount of misinformation about mining out there and most of it you can figure out with a little research. This is making the problem worse in my opinion

Not disagreeing with you there at all. The huge variety of crypto and ICOs flooding the market obfuscate the underlying principles of the process and profitability. That said ASICs may have an advantage atm due to the GPU pricing problems and people without brains flooding into mining, but 1-2 iterations of ASICs and it will catch up. ASICs are iterating too quickly from what I can tell to maintain a stable market. Whether GPU or ASIC really right now I think in a lot of crypto the tech and/or difficulty increases are outpacing the investments making a viable ROI very, very difficult with any comprehensive long-term view.
 
I'ma just continue to observe the process, watching it is like watching stock markets only there isn't really a viable product being haggled over. I don't see a long-term future for crypto as a whole atm, SEC is starting to crack down on regulating ICOs as fraudulent securities offerings and Bitcoin just really hasn't achieved the market saturation and penetration to make it viable as a go-to currency that it really needs to be a long-term investment. It was on pace to but it seems more and more people who jumped on the Bitcoin bandwagon are starting to pull away from it as a trade medium. The instability and insecurity of the coin markets, and the large scale hacks and value losses, no doubt playing a part.

up to 949 for an sc2 now
 
sigh....
 
i guess this is one way to keep miners out of the purchase pool lol

racebum
up to 949 for an sc2 now
 
sigh....
 
i guess this is one way to keep miners out of the purchase pool lol

Not just miners, everyone lol...

racebum
 
coinbase is actually pretty good. very modern security layout. insurance, gov regs. the whole 9. however that's exactly why some people hate it. personally i hope crypto evolves into a usable safe transaction system as blockchain is far superior to our current electronic funds transfer system. i want to see the SEC, i want to see gov regs. i want to see safety. without that it will only appeal to fringe libertarians and it's future is limited 
 
right now it'a a wild west of gambling and adventure. all you have to do is log on twitter to see thousands of scam posts...of which twitter does nothing about. send .01BTC to this address and receive xxxx. everyday the bot armies are doing this
 
i just wish the GPU market would go back to normal, vendors had supply and would quit price gouging 

Agreed, I was actually going to use a wild west analogy in my last post but I was focused on land grabs more than gambling...yours is better ;)

I wonder if EVGA is testing to see how high they can raise the prices before people stop buying.lol

SC2 back in stock. Was 779 with elite discount this afteroon, now that it's back in stock, it's 949 with no elite discount
 
 

My biggest issue with crypto is the "fantasy" that it *is* currency. There's no denying that it COULD be currency but it is, mostly, an speculative asset. I'm not against crypto, at its essence, but I'm against most forms of unregulated gambling, and crypto has become just that. I'm all for people being free to screw up if they so desire (or are dumb to do so), but only if there's a way to catch "bad actors".
 
Another thing is seeing so many people praise its "decentralization", as a way to "stick it to the man" or something... Well, because of its (mostly) anonymous and decentralized nature, "the man" just changed from being regulated (if corrupt) institutions (banks, governments, etc) to being other forms of corrupt institutions (speculators, manipulators, etc). I don't know about you, but I rather know the face and name of the people "stealing" from me... ;)
 
Anyway, this is all off-topic. The bottom line is I doubt crypto is going away any time soon, but something will eventually change in the way its implemented. I remember buying a couple of overpriced 280X back in 2014, which I sold for 1/4 of what I paid not even 9 months later when I rage-quit crypto mining (after a bunch of pretty obvious pump-and-dump schemes stormed the field). The biggest problem I had with those cards were the terrible quality control they showed: bad components, tons of artifacts, poor gaming performance, etc... Integrators were pumping out cards, at significantly higher than MSRP prices (not as bad as these last few months, but still...) and they sucked at anything other than mining (even then..). I'm just glad things don't seem as bad now in terms of quality control. Maybe the difference is AMD vs Nvidia, but I have to believe it's a bit more than that.
 
I really wish Nvidia (and AMD) released compute-focused, crypto-optimized cards, and capped some of the compute performance from gaming cards. Gamers don't really need all that compute power, honestly, so a few less CUDA cores would hinder mining and barely affect gaming. They could then release mining-focused cards and gamer cards. The problem with that is splitting the market, and that scares them... But as it stands, no matter how much they say they "like gamers first", they are taking advantage of gamers left and right...
 
*sigh*
 
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Looks like elite is off the product page now

WarMacheen
SC2 back in stock. Was 779 with elite discount this afteroon, now that it's back in stock, it's 949 with no elite discount
 
 

elite section seems to be gone(?)