Used GPUs hit the market as ETH price drops

[Stefan1024]

Now buy your card back you sold two month ago for double the price.

 

 

[Phate.exe]

3 hours ago, KE2012 said:

But yeah, this is good news I guess. Not sure how much I would like to buy a 2nd hand mining card though. 

Anyone who knew what they were doing mining with Polaris 10 cards was running a custom bios with lower clockspeeds, way less voltage than stock, and overclocked memory.

 

I think I'd probably rather have an ex-mining card over a secondhand gaming card.

 

Either way, they're gonna be everywhere and I'm going to water cool the thing so who cares if the fans are on their way out.

[tom_w141]

15 hours ago, Princess Cadence said:

I like how the quote mixes $ with £ as if it's the same thing.

The sad thing is in tech you can. Its BS... $300 CPU will be on sale here for £300. US gets the best prices  

[NLD1st]

14 hours ago, HarryNyquist said:

Anyone want a 1070 that was actually used for gaming and NOT for mining? Hit me up 

Where are you located?

[Master Disaster]

15 hours ago, Princess Cadence said:

I like how the quote mixes $ with £ as if it's the same thing.

At this point it pretty much is, damn brexit killing off the pound.

[jeffery7466]

Well there seems to be a slight drop in price in 2nd hand cards on UK ebay.

I don't trust them though.
*edited

[tlink]

hoooly shit 2 aorus gtx 1080ti's for the price of 1 new one, 3 years of warranty left. gpu is back on the menu boiiiiiiiiiiiiiiiiii

[WereCat]

Ebay sellers right now:

 

"This is my GPU. There are many like it but this one is mined!"

 

(reference? ^^ )

[Agosto]

No used cards for sale (at a decent price) nor new stocks here in Italy.

[Bananasplit_00]

Yah I thought something like this had happened when I saw that quad 470 miner for sale yesterday 

[dragoon20005]

nope Asia side is still short of GPUs and the used market is overpriced AMD cards

 

even the GTX1060s and GTX1070 are not spared as well

 

also bloody PC shop setting up mining rigs outside the shop showing off 6 GTX1060s and 3 to 4 of the rigs running

 

and they tell me GTX1060 are out of stock

 

 

how am i going to build PCs for my customers

 

what the flying f*** is this

[Vode]

It seems like there is a mass migration happening here in Austria.

 

On every second listing for a used Radeon RX card the person says the reason for selling their mining rig or card is space constraints in the new appartment they're moving to. Do they seriously expect anybody to believe that? LOL

[Sakkura]

The Ethereum price has recovered somewhat. It hit a low of about $135 two days ago, now it's above $190.

[tom_w141]

2 hours ago, Master Disaster said:

At this point it pretty much is, damn brexit killing off the pound.

Actually this has nothing to do with it. Right now its $1.30:£1 before brexit it was about $1.45:£1. Tech prices however tend to work out at around $1:£1 (excluding items discounted on sale). It was like this before brexit and it won't go away. In terms of tech $ go much further than £/€ even though GBP is worth more.

[Master Disaster]

15 minutes ago, tom_w141 said:

Actually this has nothing to do with it. Right now its $1.30:£1 before brexit it was about $1.45:£1. Tech prices however tend to work out at around $1:£1 (excluding items discounted on sale). It was like this before brexit and it won't go away. In terms of tech $ go much further than £/€ even though GBP is worth more.

Yeah no, in 2016  the £:$ exchange rate reached a high of over £1.50 to $1. As recently as last week it was down below £1.10 to $1 and is only on the up now as forecasters are predicting the UK will have to settle for soft brexit.

 

Exchange rates don't affect local pricing, mostly pricing is set per region by manufacturers so yes, hardware is 1:1 £:$ (as a general rule) but that's because of greedy manufacturers not the exchange rate although recently we've seen a wave of manufacturers increasing prices and blaming the exchange rate, let's see if they lower the prices when the pound gets stronger again.

 

Hint: they won't.

[tom_w141]

8 minutes ago, Master Disaster said:

Yeah no, in 2016  the £ exchange rate reached a high of over £1.50 to $1. As recently as last week it was down below £1.10 to $1 and is only on the up now as forecasters are predicting the UK will have to settle for soft brexit

Mhm Tell me more.

[tom_w141]

19 minutes ago, Master Disaster said:

Exchange rates don't affect local pricing, mostly pricing is set per region by manufacturers so yes, hardware is 1:1 £ (as a general rule) but that's because of greedy manufacturers not the exchange rate

I know and I said it was always this way despite whatever the exchange rate is between the actual currencies. Thanks for repeating me though. It was you that blamed brexit and therefore the value of the £. Then later on you say the value of the £ has nothing to do with it? Make your mind up.

 

Quote

At this point it pretty much is, damn brexit killing off the pound.

Hey look its you blaming the weak £ for the prices ^ Oh but above its also you saying the exchange rate has nothing to do with the prices. Which one are you going to go with mate? You can't have both.

[Master Disaster]

3 minutes ago, tom_w141 said:

Mhm Tell me more.

I don't expect you'll believe me but that was a genuine typo, I honestly meant £1.20 not £1.10. I must have hit the 2 key instead of the 1 key.

 

Also those charts are pretty misleading, they only show the closing price as a point on the graph, it even says on the second one that the low was £1.20 and yet the graph shows £1.25.

[Senzelian]

"AMD Rx 480 Msi 4 months old only used for gaming"

Yeah sure...

[Master Disaster]

1 minute ago, tom_w141 said:

I know and I said it was always this way despite whatever the exchange rate is between the actual currencies. Thanks for repeating me though. It was you that blamed brexit and therefore the value of the £. Then later on you say the value of the £ has nothing to do with it? Make your mind up.

I blamed brexit for destroying the £ not for the price of hardware.

[tom_w141]

1 minute ago, Master Disaster said:

Also those charts are pretty misleading, they only show the closing price as a point on the graph, it even says on the second one that the low was £1.20 and yet the graph shows £1.25.

The graph works fine if you know how to read it. Mousing over the low point between dec and feb on the X axis will show you the £1.20 dip.

[tom_w141]

8 minutes ago, Master Disaster said:

I blamed brexit for destroying the £ not for the price of hardware

Correct my apologies (I misinterpreted). Still graphs are right, tech is 1:1 even if it shouldn't be. I'll take your word for the typo but the £1.20 low sure wasn't last week  it was 15/01/17

 

EDIT: Previous post amended.

[Master Disaster]

6 minutes ago, tom_w141 said:

Correct my apologies (I misinterpreted). Still graphs are right, tech is 1:1 even if it shouldn't be. I'll take your word for the typo but the £1.20 low sure wasn't last week  it was 15/01/17

 

EDIT: Previous post amended.

Read the text at the top of the second graph, the low recorded on July 18th was £1.20230.

[tom_w141]

1 minute ago, Master Disaster said:

Read the text at the top of the second graph, the low recorded on July 18th was £1.20230.

Um you realise that's the date range for the time period the graph is showing right?  

 

19/07/15 - 18/07/17 (aka today)

[Master Disaster]

1 minute ago, tom_w141 said:

Um you realise that's the date range for the time period the graph is showing right?  

 

19/07/15 - 18/07/17 (aka today)

Imma gonna shut up and leave now.