Re: GTX1080ti Mining
2017/06/21 01:56:17
(permalink)
Oh, I have no doubt that the sellers will try to get as much as they can gouge, err, profit out of these "mining" cards while they can.
But to be picky, it was the Litecoin mining craze that put AMD in the same position in 2013-2014 - Bitcoin had long since moved to ASIC by that point, and the earlier Bitcoin GPU days didn't engender enough card sales to create a shortage (Bitcoin was still SMALL at that point).
The difference is that it's MULTIPLE coins benefiting from the recent price jumps, and NVidia is competative to even SUPERIOR at mining some of those coins, and it's in the performance AND AT CURRENT PRICING it's even price competative per hash on the GTX 1070 and GTX 1060 for Etherium (the BIG GPU mover right now).
Unfortunately, the big ETH mining farms seem to have realised that - GTX 1070 availability has gone to "very scarce" over the last week, almost as hard to find them at all as the RX 470/480/570/580 and the price is climbing into GTX 1080 territory when you CAN find them.
The current craze has also impacted older AMD cards that are good at ETH mining - try finding a HD 7950/7970/7990, R9 290/290x/295, R9 390/390x, or any Fury varient for much under $500 any more.
If they weren't so highly profitable, I'd be tempted to sell *my* R9 290s - I could easily get twice what I paid for them, perhaps 3x - and they've already paid for themselves anyway through ETH mining in the year-and-change I've had them.
Now that vorsholk has stopped his abuse, I'm returning to folding.
I no longer MOO due to abuses by certain "whales" in the Gridcoin community - so I now work the Distributed.net project directly again.