Bitcoin/Cryptocurrency Craze Wipes out AMD GPU Supply

[DIV1D3]

Just now, YoloSwag said:

Sounds bad. I'll have to think about a bunch of other stuff and some detailed cost-based analysis before jumping on the bandwagon. Thought it was easy.

That's exactly the thing, getting into Cryptocurrencies before you know what you're doing is a really big hassle. 

Like anything, do some good research into what you can expect with what you have, and plan for any additional problems. 

[Demonking]

This happened with the 290's and it sucks for AMD cause consumers are going to buy 1060's now. Which will suck them into Nvidia ecosystem unlikely to switch.

[MyName13]

1 minute ago, Demonking said:

This happened with the 290's and it sucks for AMD cause consumers are going to buy 1060's now. Which will suck them into Nvidia ecosystem unlikely to switch.

What's Nvidia's ecosystem?1060 customers certainly can't afford gsync monitors.

[tom_w141]

20 hours ago, Droidbot said:

what would be a good crypto to mine on a 1070?

Don't mind on your main rig, buy a cheap rig with a 580 for mining as the AMD cards are far better at mining, hence why they are sold out and Nvidia's are not.

 

Also do not mine unless you are the bill payer, electricity bills will shoot up.

[PCGuy_5960]

4 minutes ago, tom_w141 said:

Don't mind on your main rig, buy a cheap rig with a 580 for mining as the AMD cards are far better at mining, hence why they are sold out and Nvidia's are not.

Wouldn't the 1070 be better for mining? It has more TFLOPs than the 580....

[tom_w141]

2 minutes ago, PCGuy_5960 said:

Wouldn't the 1070 be better for mining? It has more TFLOPs than the 580....

Well yes but then what will he game on  Also mining hits a card hard so a cheaper card is better.

[Demonking]

33 minutes ago, MyName13 said:

What's Nvidia's ecosystem?1060 customers certainly can't afford gsync monitors.

each side has an ecosystem of fans, & team red aren't going to get any when people can't buy their cards at the $250 range. they have no choice,but to buy 1060's which will likely keep them on team green side unlikely to switch when they want  to upgrade. Also if you are buying a card around that price you're unlikely to be buying monitors at the prices freesync/gsync cost. 

[Drak3]

14 hours ago, JuNex03 said:

CMIIW I think they chose AMD GPU because its cheaper per performance compared to the competition. Cheaper GPU means the faster it will pay for itself.

When it comes to mining cryptocurrencies, AMD GPUs are the better choice because they have extremely better compute perf/$$$ ratios than NVidia GPUs. The RX 480 trades blows with the 1060 6GB in gaming, but in compute, it's somewhere around the 1070 or 1080. Using a GPU that's hitting near the top end of it's main competitor's offerings, for the cost of the mid end of the competitor's offerings, is a no brainer for those people.

[yian88]

fuck i want an rx 570 got my cash togheter but no stock anywhere ever

[AnonymousGuy]

This shit again.... I had to check I wasn't reading an article from 5 years ago.

 

The reason NV is raping AMD right now is partially to blame on BTC.  No gamers could buy any of their cards at a decent price, everyone became NV users 4 lyfe.  And AMD never profitted off the price going above MSRP it was only retailers.

[themctipers]

On May 28, 2017 at 7:49 PM, DeadEyePsycho said:

Zcash

Thank

 

^better ^^be ^^^mac ^^^^compatible 

 

it's not profitable at ~14c/Wh 

[cj09beira]

On 2017-5-29 at 0:02 PM, leadeater said:

#RadeonUsers

i got in it last week :-) 

[2FA]

17 minutes ago, themctipers said:

Thank

 

^better ^^be ^^^mac ^^^^compatible 

 

it's not profitable at ~14c/Wh 

https://www.cryptocompare.com/mining/calculator/zec?HashingPower=450&HashingUnit=H%2Fs&PowerConsumption=180&CostPerkWh=.14

[themctipers]

22 minutes ago, DeadEyePsycho said:

https://www.cryptocompare.com/mining/calculator/zec?HashingPower=450&HashingUnit=H%2Fs&PowerConsumption=180&CostPerkWh=.14

should actually be ~350w because PC consumption  

[2FA]

4 minutes ago, themctipers said:

should actually be ~350w because PC consumption  

A single GTX 1070 is 150W (sort of), not much else would be using power if you're only mining on the GPU.

[themctipers]

Just now, DeadEyePsycho said:

A single GTX 1070 is 150W (sort of), not much else would be using power if you're only mining on the GPU.

pc at load is about that much drawn from the wall.

(GPU with a tiny bit of CPU)

 

 

if i can get my 760 to work with my hackintosh, well it's time to mine on my 1070.

[2FA]

1 minute ago, themctipers said:

pc at load is about that much drawn from the wall.

(GPU with a tiny bit of CPU)

 

 

if i can get my 760 to work with my hackintosh, well it's time to mine on my 1070.

If it's 350W, it's much more than just the GPU running.

[themctipers]

Just now, DeadEyePsycho said:

If it's 350W, it's much more than just the GPU running.

motherboard, ram, cpu, 2x ssds, a hdd, power led, hard drive usage led, RGB keyboard, RGB mouse, USB webcam

 

i can lower it if i can get my 760 to work on my main pc, and then put it in my secondary PC (i3 530, mine with that )