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Cryptocurrency info?

Hi all.

I have a question about bitcoin and such.

Do you think a cryptocurrency crash could lead to overflow of gpus on the used market ? I'm looking online and some people are predicting a bitcoin crash because it's not maintaining a momentum at 40k~ usd.

Could this even help with gpu shortages for new gpus ? Or are scalpers just too much of an issue on their own?

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1 minute ago, bruh11111 said:

Hi all.

I have a question about bitcoin and such.

Do you think a cryptocurrency crash could lead to overflow of gpus on the used market ? I'm looking online and some people are predicting a bitcoin crash because it's not maintaining a momentum at 40k~ usd.

Could this even help with gpu shortages for new gpus ? Or are scalpers just too much of an issue on their own?

Yes. BC will crash, sooner or later. Then everyone will dump their GPUs and they will be worn slam out and you will be able to buy a questionable quality overpriced GPU.

NOTE: I no longer frequent this site. If you really need help, PM/DM me and my e.mail will alert me. 

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2 minutes ago, Radium_Angel said:

Yes. BC will crash, sooner or later. Then everyone will dump their GPUs and they will be worn slam out and you will be able to buy a questionable quality overpriced GPU.

Wait , mining overuses gpus ? I thought that it could be a bit lighter on the gpu compared to gaming at full load 100% usage.

How does it work btw ...? 

And if they dump a lot gpus on the used market I'm pretty sure prices should go down , a lot of availability = lower prices , 

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Just now, bruh11111 said:

Wait , mining overuses gpus ? I thought that it could be a bit lighter on the gpu compared to gaming at full load 100% usage.

How does it work btw ...? 

And if they dump a lot gpus on the used market I'm pretty sure prices should go down , a lot of availability = lower prices , 

That's how mining works, they slam the GPUs with the data to crunch, forcing the GPUs to work 24/7 at full tilt.

It wears out the cards and I would never ever ever buy a used gpu that was used for mining.

Ever.

Don't do it.

 

NOTE: I no longer frequent this site. If you really need help, PM/DM me and my e.mail will alert me. 

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2 minutes ago, Radium_Angel said:

That's how mining works, they slam the GPUs with the data to crunch, forcing the GPUs to work 24/7 at full tilt.

It wears out the cards and I would never ever ever buy a used gpu that was used for mining.

Ever.

Don't do it.

 

Would u even not consider a 3080 if it was used for mining ? Considering the card has been "technically" out for 4 months only , is it already enough load on it to make it suffer degradation?

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2 minutes ago, DriftMan said:

Even tho there are some tweaks to make them run more efficient and cooler, they are, after all, running 24/7 non-stop. Bearrings will fail, thermal pads and thermal paste will dry out. Non-expert miners make lots of mistakes so expect some of those cards to actually have damages inside. A card used for mining isn't bad, not worse than a card used by some newbie, but you have to know that it could fail and it could have been modified with no warranties.

Even if the card is a 3000 series card ? Recently released i don't know if thermal paste/pads and fan bearings could already fail due to overuse.

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2 minutes ago, bruh11111 said:

Would u even not consider a 3080 if it was used for mining ? Considering the card has been "technically" out for 4 months only , is it already enough load on it to make it suffer degradation?

That makes several assumptions

 

(1) BC collapses tomorrow

(2) Said miner decides to cut his losses and sells

(3) He's still going to try to recoup as much money as humanly possible, since he likely paid big bucks for the cards and will try to sell for same big bucks.

 

Only way I"d buy a used mining card is at some "fell of the back of a truck" fire-sale price (think 100$) and even then I'd flip it.

 

EDIT:

 

By the time BC does collapse, it'll be a year or more, and those cards will be worn out by then.

Nope, no thanks, you can have them all.

 

NOTE: I no longer frequent this site. If you really need help, PM/DM me and my e.mail will alert me. 

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Price of bitcoin and other coins MAY drop ... but a large part of the miners will continue to mine, because even at lower price they make coins and a lot of them don't pay for electricity or pay a very low amount so it's still profitable

So instead of selling the coins, they'll just keep them until the prices go up again in 1-2 years.

 

Mining can damage the cards if the miners do heavy overclocks on the ram to increase the mining profitability and don't keep the cards cooled well. A miner will typically downclock the gpu chip to reduce power consumption, but they'll overclock the ra on the video card ... and if the ram is not kept cool, it can degrade over time.

 

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3 minutes ago, Radium_Angel said:

That's how mining works, they slam the GPUs with the data to crunch, forcing the GPUs to work 24/7 at full tilt.

It wears out the cards and I would never ever ever buy a used gpu that was used for mining.

Ever.

Don't do it.

 

Stop spreading lies. Mining can actually be less intensive on a GPU than gaming as some algorithms benefit from lower core voltage and speeds with higher memory overclocks.  The only thing to watch out for with GPUs used for mining is they received proper airflow as they are often densely packed in mining rigs. But if the cards isn't a blower style and doesn't show signs of physical damage there is no difference if it would have been used for gaming vs mining

ƆԀ S₱▓Ɇ▓cs: i7 6ʇɥפᴉƎ00K (4.4ghz), Asus DeLuxe X99A II, GT҉X҉1҉0҉8҉0 Zotac Amp ExTrꍟꎭe),Si6F4Gb D???????r PlatinUm, EVGA G2 Sǝʌǝᘉ5ᙣᙍᖇᓎᙎᗅᖶt, Phanteks Enthoo Primo, 3TB WD Black, 500gb 850 Evo, H100iGeeTeeX, Windows 10, K70 R̸̢̡̭͍͕̱̭̟̩̀̀̃́̃͒̈́̈́͑̑́̆͘͜ͅG̶̦̬͊́B̸͈̝̖͗̈́, G502, HyperX Cloud 2s, Asus MX34. פN∩SW∀S 960 EVO

Just keeping this here as a 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6 minutes ago, Radium_Angel said:

That's how mining works, they slam the GPUs with the data to crunch, forcing the GPUs to work 24/7 at full tilt.

It wears out the cards and I would never ever ever buy a used gpu that was used for mining.

Ever.

Don't do it.

 

It's not quite true... well, I guess it depends on the coin/algorithm

Generally mining is memory heavy, a lot of random small memory reads and writes, so only a very small part of the gpu chip is actually crunching through numbers and a lot of time the gpu chip is almost idle waiting for ram to fetch data and fill the internal caches of the gpu chip. 

 

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Just now, BuckGup said:

Stop spreading lies. Mining can actually be less intensive on a GPU than gaming as some algorithms benefit from lower core voltage and speeds with higher memory overclocks.  The only thing to watch out for with GPUs used for mining is they received proper airflow as they are often densely packed in mining rigs. But if the cards isn't a blower style and doesn't show signs of physical damage there is no difference if it would have been used for gaming vs mining

Assuming the miner set it up right. That's a big assumption.

Now, if you can *prove* it was set up right and the cars were used gently, then perhaps, but most of the cards I've seen around here that were ex-mining cards are ragged to within an inch of their life and tossed into the scrap heap for some unsuspecting sucker (me) to buy.

 

So I stand by my assertion, I wouldn't ever own one again.

NOTE: I no longer frequent this site. If you really need help, PM/DM me and my e.mail will alert me. 

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2 minutes ago, BuckGup said:

Stop spreading lies. Mining can actually be less intensive on a GPU than gaming as some algorithms benefit from lower core voltage and speeds with higher memory overclocks.  The only thing to watch out for with GPUs used for mining is they received proper airflow as they are often densely packed in mining rigs. But if the cards isn't a blower style and doesn't show signs of physical damage there is no difference if it would have been used for gaming vs mining

But the thing is ... Mining like he said is done 24/7 none stop full load , gaming well some people can game up to 8 hours and more but people sleep....and they turn off their pc or atleast turn off their games , so the gpu can breathe a bit.

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5 minutes ago, bruh11111 said:

Even if the card is a 3000 series card ? Recently released i don't know if thermal paste/pads and fan bearings could already fail due to overuse.

I would be weary of any 3000 series cards that's sold at a very low price.

Especially those models that use GDDR6X chips - it's relatively new technology and there were memory failures related to gddr6x chips going bad.

 

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Just now, bruh11111 said:

But the thing is ... Mining like he said is done 24/7 none stop full load , gaming well some people can game up to 8 hours and more but people sleep....and they turn off their pc or atleast turn off their games , so the gpu can breathe a bit.

We (the other fellow and myself) have a difference of opinion (and that's fine). I won't buy a used mining card, because I've been burned before by someone who had no idea what he was doing and set stuff up wrong, and burned the cards. So if you can verify it was done right (and I'm willing to bet you couldn't) then perhaps, but it's still a ton of cash to outlay on a card that was used 24/7 for an unknown number of days

NOTE: I no longer frequent this site. If you really need help, PM/DM me and my e.mail will alert me. 

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3 minutes ago, bruh11111 said:

But the thing is ... Mining like he said is done 24/7 none stop full load , gaming well some people can game up to 8 hours and more but people sleep....and they turn off their pc or atleast turn off their games , so the gpu can breathe a bit.

There's been no evidence to show using a GPU 24/7 degrades the life span if it's operating within it's certified temp range

ƆԀ S₱▓Ɇ▓cs: i7 6ʇɥפᴉƎ00K (4.4ghz), Asus DeLuxe X99A II, GT҉X҉1҉0҉8҉0 Zotac Amp ExTrꍟꎭe),Si6F4Gb D???????r PlatinUm, EVGA G2 Sǝʌǝᘉ5ᙣᙍᖇᓎᙎᗅᖶt, Phanteks Enthoo Primo, 3TB WD Black, 500gb 850 Evo, H100iGeeTeeX, Windows 10, K70 R̸̢̡̭͍͕̱̭̟̩̀̀̃́̃͒̈́̈́͑̑́̆͘͜ͅG̶̦̬͊́B̸͈̝̖͗̈́, G502, HyperX Cloud 2s, Asus MX34. פN∩SW∀S 960 EVO

Just keeping this here as a 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2 minutes ago, Radium_Angel said:

Assuming the miner set it up right. That's a big assumption.

Now, if you can *prove* it was set up right and the cars were used gently, then perhaps, but most of the cards I've seen around here that were ex-mining cards are ragged to within an inch of their life and tossed into the scrap heap for some unsuspecting sucker (me) to buy.

 

So I stand by my assertion, I wouldn't ever own one again.

Ah so you are speaking from experience...that's very interesting, I'll take notes then and I guess I won't be touching those mining cards even if they are 3000 series cards....no warranties and a lot of headache , if they are dirt cheap , 250-300$ for a 3070 i might consider it , other wise no 

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Just now, bruh11111 said:

if they are dirt cheap

And if BC collapses, then prices return to normal, and then you can buy a new video card (and get a warranty!) for not much more than a used one.

Seems a no brainer there.

1 minute ago, bruh11111 said:

Ah so you are speaking from experience...that's very interesting, I'll take notes then and I guess I won't be touching those mining cards even if they are 3000 series cards....no warranties and a lot of headache , if they are dirt cheap , 250-300$ for a 3070 i might consider it , other wise no 

Yes, I got burned hard on what I thought was a deal. Card lasted less than 1 month before it artifacted itself to death.

So yea, once bitten, twice shy

NOTE: I no longer frequent this site. If you really need help, PM/DM me and my e.mail will alert me. 

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1 minute ago, bruh11111 said:

But the thing is ... Mining like he said is done 24/7 none stop full load , gaming well some people can game up to 8 hours and more but people sleep....and they turn off their pc or atleast turn off their games , so the gpu can breathe a bit.

The gpu DOESN'T CARE how long it runs, and isn't aware of how long it was shut down. 

 

In fact in theory it's hurt more by the constant  cold to hot, then hot to cold fluctuations in temperature. Changes in temperature hurt things ... metals expand, solder joints can go weaker and so on.

 

When you're gaming, you're going from 20-30 watts power consumption in Windows or watching Youtube to 200-300w gaming and producing lots of heat, card sitting at 60-80c for the duration of your gaming time.  You have scenes and levels of various complexity, you have pauses and going in menu where card fluctuates in power consumption, you have lots of crap, it's a lot of "stress"

 

When mining, the card can sit at 40-50 degrees and remain at that temperature 24/7 crunching through numbers - it's a constant temperature - there's a equilibrium reached and the card just mines on and on.

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1 minute ago, mariushm said:

The gpu DOESN'T CARE how long it runs, and isn't aware of how long it was shut down. 

 

In fact in theory it's hurt more by the constant  cold to hot, then hot to cold fluctuations in temperature. Changes in temperature hurt things ... metals expand, solder joints can go weaker and so on.

 

When you're gaming, you're going from 20-30 watts power consumption in Windows or watching Youtube to 200-300w gaming and producing lots of heat, card sitting at 60-80c for the duration of your gaming time.  You have scenes and levels of various complexity, you have pauses and going in menu where card fluctuates in power consumption, you have lots of crap, it's a lot of "stress"

 

When mining, the card can sit at 40-50 degrees and remain at that temperature 24/7 crunching through numbers - it's a constant temperature - there's a equilibrium reached and the card just mines on and on.

Oof...i do that all the time with my poor gtx 1650 super , I mean it's dying on me that's why I'm looking for a new gpu for weeks now and I can't find anything , literally. Nothing

My 1650's fan is loud af underload  , a dust off didn't help, fan curve didn't help , running at 80c , 6 fans in my case good airflow , performance is ok...it's just whiny fan , some coil whine even , and I get very annoyed by noise.

I bought a 1650 super when building my gaming rig back in April 2020 because someone told me buy a cheap card now and wait for next gen , he was right about performance but obviously didn't predict availability.

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3 minutes ago, bruh11111 said:

Oof...i do that all the time with my poor gtx 1650 super , I mean it's dying on me that's why I'm looking for a new gpu for weeks now and I can't find anything , literally. Nothing

My 1650's fan is loud af underload  , a dust off didn't help, fan curve didn't help , running at 80c , 6 fans in my case good airflow , performance is ok...it's just whiny fan , some coil whine even , and I get very annoyed by noise.

I bought a 1650 super when building my gaming rig back in April 2020 because someone told me buy a cheap card now and wait for next gen , he was right about performance but obviously didn't predict availability.

Remove the plastic shroud around the heatsink and put a 92-120 mm case fan over the heatsink of the video card ... place it a bit off center, so the gpu chip is not directly under the fan axle. You can power the fan from the motherboard, or you can tap into the small fan connector going into the video card.

 

You could also try replacing the thermal paste on the video card.

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3 minutes ago, mariushm said:

Remove the plastic shroud around the heatsink and put a 92-120 mm case fan over the heatsink of the video card ... place it a bit off center, so the gpu chip is not directly under the fan axle. You can power the fan from the motherboard, or you can tap into the small fan connector going into the video card.

 

You could also try replacing the thermal paste on the video card.

I thought about replacing the paste....but does paste really need replacing after what 7 months only ? And I don't run the card 24/7 only in my vacation I get enough time to run it for a couple of hours a day ....i guess that's what I get for going really dirt cheap below MSRP zotac card lol

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