Jump to content

Etherium mining is dead

Kevo05s
By Kevo05s
in Tech News
 Share
Posted
18 minutes ago, yian88 said:

eh bought a used 970 for 150$ a month ago dont care for 2-3 years...

Where did you managed to get one for 150? 

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
  • Author
4 hours ago, MEC-777 said:

Brain fart. You're correct. ;) 

Didn't mean to cause any trouble, I was just wondering, but thanks :)

 

Record holder for Firestrike, Firestrike Extreme and Firestrike Ultra for his hardware

Top 100 for TimeSpy and Top 25 for Timespy Extreme

 

Intel i7 10700 || 64GB Kingston Predator RGB || Asus H470i Strix || MSI RX 6700XT Merc X2 OC || Corsair MP600 500GB ||  WD Blue SN550 1TB || 500GB Samsung 860 EVO || EVGA 550 GM || EK-Classic 115X aRGB CPU block - Corsair XR5 240mm RAD - Alphacool GPU Block - DarkSide 240mm external rad || Lian Li Q58 || 2x Cooler Master ARGB 120MM + 2x Noctua  Redux 1700RPM 120MM 

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
22 minutes ago, Tedny said:

It still ~200$....  is it dead? 

It fake news, right?

it's dropping. it was $400 not too long ago and people are getting out of it before it drops further

🌲🌲🌲

 

 

 

◒ ◒ 

Link to comment
Share on other sites
Link to post
Share on other sites
Posted

A tad bit sensationalist, are you? Even considering the recent difficulty increase and the price drops, my 60mhs setup still nets me >5$ per day... 

Not the 10$ it was at one point, but far from unprofitable. 

AMD Ryzen R7 1700 (3.8ghz) w/ NH-D14, EVGA RTX 2080 XC (stock), 4*4GB DDR4 3000MT/s RAM, Gigabyte AB350-Gaming-3 MB, CX750M PSU, 1.5TB SDD + 7TB HDD, Phanteks enthoo pro case

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
1 hour ago, Sierra Fox said:

it's dropping. it was $400 not too long ago and people are getting out of it before it drops further

It was less than 100$ for a long time, sometimes less than 50$. 

Crypto went crazy high these last few months. It isn't dying. It was just overvalued and is now reaching it's actually valued price. 

AMD Ryzen R7 1700 (3.8ghz) w/ NH-D14, EVGA RTX 2080 XC (stock), 4*4GB DDR4 3000MT/s RAM, Gigabyte AB350-Gaming-3 MB, CX750M PSU, 1.5TB SDD + 7TB HDD, Phanteks enthoo pro case

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
8 hours ago, scottyseng said:

I don't think 980 Ti prices really changed much. They did sell out kind of from people buying them all (Due to the 1070s costing too much).

 

Depending on how much of a overclock your 980 Ti gets, you might actually see reduced performance (Very little though...they're neck and neck for gaming...but in rendering, the 980 Ti wins hands down) if you get a 1070. I had two 1070s, OC'd to 2.1 GHz, and they both lose to my 980 Ti (1.5 GHz). The 980 Ti runs hotter though.

 

I'm just happy I managed to sell off my 1070s for $475 on ebay.

 

I don't think this is the end of mining though...I have a feeling it's going to go back up. Or at least it'll be around for 2-3 months still.

AFAIK 980Ti price didn't change at all here in Poland, I sold my Radeon R9 Fury and bought a top-notch model of a 980Ti without adding a dollar from my pocket :P

This is a plus when buying used cards too, that they weren't used for mining because it's not worth it to mine on 980Tis compared to current-gen cards

 

It is indeed faster than a 1070 when both are OC'd but it'[s also a nice space heater :P Even the R9 Fury Nitro I previously had wasn't as big of a heater as this one is.

CPU: AMD Ryzen 7 5800X3D GPU: AMD Radeon RX 6900 XT 16GB GDDR6 Motherboard: MSI PRESTIGE X570 CREATION
AIO: Corsair H150i Pro RAM: Corsair Dominator Platinum RGB 32GB 3600MHz DDR4 Case: Lian Li PC-O11 Dynamic PSU: Corsair RM850x White

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
8 hours ago, AndreLebrao said:

Where did you managed to get one for 150? 

In romania bought it used from a guy from an website called olx, took me a month+ to find one that would sell under 170$, but since rx 580 at 200$ would never happen, 970 it was, now they all increased in price its 200$ because of mining.

Link to comment
Share on other sites
Link to post
Share on other sites
Posted

got in and got out within a month, just made 25 bucks but ill take it anyways.

this is one of the greatest thing that has happened to me recently, and it happened on this forum, those involved have my eternal gratitude http://linustechtips.com/main/topic/198850-update-alex-got-his-moto-g2-lets-get-a-moto-g-for-alexgoeshigh-unofficial/ :')

i use to have the second best link in the world here, but it died ;_; its a 404 now but it will always be here

 

Link to comment
Share on other sites
Link to post
Share on other sites
Posted

A month ago I was planning to build myself a mining rig, glad I didn't start 

Looking at the constantly dropping ETH price I would be a moron to start at that point.

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
30 minutes ago, Morgan MLGman said:

AFAIK 980Ti price didn't change at all here in Poland, I sold my Radeon R9 Fury and bought a top-notch model of a 980Ti without adding a dollar from my pocket :P

This is a plus when buying used cards too, that they weren't used for mining because it's not worth it to mine on 980Tis compared to current-gen cards

 

It is indeed faster than a 1070 when both are OC'd but it'[s also a nice space heater :P Even the R9 Fury Nitro I previously had wasn't as big of a heater as this one is.

That's pretty neat the 980 Tis didn't jump there. They shot up like crazy here in the US. They used to be like $300-350 before the craze...and they're like $400+ now.

 

Yeah, I agree. My 980 Ti runs hot. I actually had to decide on two rendering cards for my Vray server, and I went with two 1070s (Though I sold them) because of how much cooler they run, even OC'd. I just hope the 1080s I'm getting don't run too hot though.

 

The Fury / Fury X cards are killer deals too. I've seen some go on sale for really cheap.

Link to comment
Share on other sites
Link to post
Share on other sites
Posted

Can somebody tell or recommend me a guide on how to buy ethereum the easiest way? Which exchange do you recommend? I think it's time to buy now, the price will eventually go up again.

Link to comment
Share on other sites
Link to post
Share on other sites
Posted

Oh boi! Cheap GPUs incoming.

Got a friend that JUST got his mining rig up and running as well, guess he lost out.

5950X | NH D15S | 64GB 3200Mhz | RTX 3090 | ASUS PG348Q+MG278Q

 

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
13 hours ago, Kevo05s said:

Didn't mean to cause any trouble, I was just wondering, but thanks :)

 

No worries. 

My Systems:

Main - Work + Gaming:

Spoiler

Woodland Raven: Ryzen 2700X // AMD Wraith RGB // Asus Prime X570-P // G.Skill 2x 8GB 3600MHz DDR4 // Radeon RX Vega 56 // Crucial P1 NVMe 1TB M.2 SSD // Deepcool DQ650-M // chassis build in progress // Windows 10 // Thrustmaster TMX + G27 pedals & shifter

F@H Rig:

Spoiler

FX-8350 // Deepcool Neptwin // MSI 970 Gaming // AData 2x 4GB 1600 DDR3 // 2x Gigabyte RX-570 4G's // Samsung 840 120GB SSD // Cooler Master V650 // Windows 10

 

HTPC:

Spoiler

SNES PC (HTPC): i3-4150 @3.5 // Gigabyte GA-H87N-Wifi // G.Skill 2x 4GB DDR3 1600 // Asus Dual GTX 1050Ti 4GB OC // AData SP600 128GB SSD // Pico 160XT PSU // Custom SNES Enclosure // 55" LG LED 1080p TV  // Logitech wireless touchpad-keyboard // Windows 10 // Build Log

Laptops:

Spoiler

MY DAILY: Lenovo ThinkPad T410 // 14" 1440x900 // i5-540M 2.5GHz Dual-Core HT // Intel HD iGPU + Quadro NVS 3100M 512MB dGPU // 2x4GB DDR3L 1066 // Mushkin Triactor 480GB SSD // Windows 10

 

WIFE'S: Dell Latitude E5450 // 14" 1366x768 // i5-5300U 2.3GHz Dual-Core HT // Intel HD5500 // 2x4GB RAM DDR3L 1600 // 500GB 7200 HDD // Linux Mint 19.3 Cinnamon

 

EXPERIMENTAL: Pinebook // 11.6" 1080p // Manjaro KDE (ARM)

NAS:

Spoiler

Home NAS: Pentium G4400 @3.3 // Gigabyte GA-Z170-HD3 // 2x 4GB DDR4 2400 // Intel HD Graphics // Kingston A400 120GB SSD // 3x Seagate Barracuda 2TB 7200 HDDs in RAID-Z // Cooler Master Silent Pro M 1000w PSU // Antec Performance Plus 1080AMG // FreeNAS OS

 

Link to comment
Share on other sites
Link to post
Share on other sites
Posted

Well, I sold my GTX 1070 when the prices were high, I'll either wait for something good that is used to become available to replace my RX 460 4GB, or I might just wait for next gen nVidia cards.

Link to comment
Share on other sites
Link to post
Share on other sites
Posted
8 hours ago, Coaxialgamer said:

It was less than 100$ for a long time, sometimes less than 50$. 

Crypto went crazy high these last few months. It isn't dying. It was just overvalued and is now reaching it's actually valued price. 

Yup, pretty much. Just look at the 3m graph, its obvious when the news started talking about ethereum everyone went out and bought some and drove the prices skyhigh. Now the buzz is over and it is settling down to normal again and all the smart miners are going to be rejoicing as people sell their GPUs like crazy on ebay. Sorry to burst everyone's bubble but mining is far from dead

- i7-2600k @ 4.7GHz - MSI 1070 8GB Gaming X - ASUS Maximus V Formula AC3 Edition - 16GB G.SKILL Ripjaws @ 1600Mhz - Corsair RM1000 - 1TB 7200RPM Seagate HDD + 2TB 7200 HDD + 2x240GB M500 RAID 0 - Corsair 750D - Samsung PX2370 & ASUS ROG SWIFT -

Link to comment
Share on other sites
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing Tech News

×