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Should i buy a used card from a miner ?

xXxSourcexXx

So i have a question for your GPU experts ;)

 

Here in Israel there is a new trend of of miners that are selling cards after they built a rig and couldn't make a profit out of it...

And i have a couple of questions:

1) Should i even consider buying a card like this?

2) How can i test it properly? because i do know the when you mine using GPU's it gives them a heavy blow...

3) How much the discount for this kind of cards should be?

 

I would love to read your comments , thanks everyone....

AMD Ryzen 2600 / Asus Prime B-350 Plus / Asus Xonar Essence STX / 16 GB Kingston HyperX 2400 MHZ / Gigabyte 1070 G1 Gaming 8GB / Corsair DX850W / 250 GB 850 Evo SSD + 3TB (In Various Hard Drives) / Logitech G710+ Keyboard / Razer Abyssus Essential / Cooler Master HEF 932 

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I'd say it depends on how long they did it for, at max I'd say 25% the price of what you could get if you were just gaming with it.

If it were overclocked, which in this case WOULD actually kill it faster I'd assume, would make it's value go down even more.

If you can get a really good deal on a card then yeah, you should get it.

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4 minutes ago, xXxSourcexXx said:

So i have a question for your GPU experts ;)

 

Here in Israel there is a new trend of of miners that are selling cards after they built a rig and couldn't make a profit out of it...

And i have a couple of questions:

1) Should i even consider buying a card like this?

2) How can i test it properly? because i do know the when you mine using GPU's it gives them a heavy blow...

3) How much the discount for this kind of cards should be?

 

I would love to read your comments , thanks everyone....

first off, this isn't an Isreal thing, its all over, now onto your questions.

1. no

2. run benchmarks for an hour minimum, if ANYTHING goes wrong, bail 

3. depends on how much random PCBs are worth in Isreal, i wouldn't expect an electronics recycling company to give you much more for it than EB Games/Gamestop would give you for a brand new game.

"Every program needs 2 things: 1: A dark theme... and 2: A 'Fuck off!' button, no exceptions!" -Me

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2 minutes ago, ZcanKal said:

I'd say it depends on how long they did it for, at max I'd say 25% the price of what you could get if you were just gaming with it.

If it were overclocked, which in this case WOULD actually kill it faster I'd assume, would make it's value go down even more.

If you can get a really good deal on a card then yeah, you should get it.

 

The seller says that the cards weren't overclocked , and i must mention that they are suppose to be under warranty...

 

But because of the shortage in VGA supply the prices are high even when we are talking about mining cards. i know that the prices will go down , the question is should i just wait or is it still worth it...

 

AMD Ryzen 2600 / Asus Prime B-350 Plus / Asus Xonar Essence STX / 16 GB Kingston HyperX 2400 MHZ / Gigabyte 1070 G1 Gaming 8GB / Corsair DX850W / 250 GB 850 Evo SSD + 3TB (In Various Hard Drives) / Logitech G710+ Keyboard / Razer Abyssus Essential / Cooler Master HEF 932 

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1 minute ago, xXxSourcexXx said:

 

The seller says that the cards weren't overclocked , and i must mention that they are suppose to be under warranty...

 

But because of the shortage in VGA supply the prices are high even when we are talking about mining cards. i know that the prices will go down , the question is should i just wait or is it still worth it...

 

What's the price (preferably in usd)

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I would consider a mining card no different than someone who regularly plays games on their PC. As far as I'm concerned, both are hard uses for a GPU. But to answer the question:

14 minutes ago, xXxSourcexXx said:

1) Should i even consider buying a card like this?

It depends on what the market looks like. But I wouldn't immediately drop every and all mining cards. I might be more picky though

Quote

2) How can i test it properly? because i do know the when you mine using GPU's it gives them a heavy blow...

Not really as much as gaming. Sure people aren't gaming 24/7 (well, I don't know considering I know someone who idles on FFXIV), but assuming the person is trying to minimize cost, they're going to baby their setup and run their cards as cool as possible while maximizing their hash rate. If a mining GPU averaged 60C 24/7 in use, that's no worse than someone who gamed six hours a day on average and had the card reach 80C (the rule of thumb is every 10C drops the expected life by half).

 

As far as testing the card, run it through a suite of benchmarks like 3D Mark or whatnot for an extended period of time. If it doesn't show problems, it's likely good.

Quote

3) How much the discount for this kind of cards should be?

It depends on the card, its age, and its relative performance to what's available now. For example, if it's a GTX 980 on the line, then I don't consider it worth more than $150, since the GTX 1060 6B (where it floats at in terms of performance) launched at $250.

 

Also start at MSRP. I don't care if people think their card is "worth more" because the market price went up. It's only worth as much as the manufacturer says it's valued at.

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3 minutes ago, JustMATT said:

first off, this isn't an Isreal thing, its all over, now onto your questions.

1. no

2. run benchmarks for an hour minimum, if ANYTHING goes wrong, bail 

3. depends on how much random PCBs are worth in Isreal, i wouldn't expect an electronics recycling company to give you much more for it than EB Games/Gamestop would give you for a brand new game.

 

I know a lot of benchmarking programs , which one would you recommend the most? and the prices here are just insane , a brand new 1070 costs more the 700$ after taxes...

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1 minute ago, M.Yurizaki said:

I would consider a mining card no different than someone who regularly plays games on their PC. As far as I'm concerned, both are hard uses for a GPU. But to answer the question:

It depends on what the market looks like. But I wouldn't immediately drop every and all mining cards. I might be more picky though

Not really as much as gaming. Sure people aren't gaming 24/7 (well, I don't know considering I know someone who idles on FFXIV), but assuming the person is trying to minimize cost, they're going to baby their setup and run their cards as cool as possible while maximizing their hash rate. If a mining GPU averaged 60C 24/7 in use, that's no worse than someone who gamed six hours a day on average and had the card reach 80C (the rule of thumb is every 10C drops the expected life by half).

 

As far as testing the card, run it through a suite of benchmarks like 3D Mark or whatnot for an extended period of time. If it doesn't show problems, it's likely good.

It depends on the card, its age, and its relative performance to what's available now. For example, if it's a GTX 980 on the line, then I don't consider it worth more than $150, since the GTX 1060 6B (where it floats at in terms of performance) launched at $250.

 

Also start at MSRP. I don't care if people think their card is "worth more" because the market price went up. It's only worth as much as the manufacturer says it's valued at.

 

Like i said the main issues is the MSRP , cards costs much more right now , a brand new 1070 will cost more then 700$

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Yes, you can buy it.

Computer engineering grad student, cybersecurity researcher, and hobbyist embedded systems developer

 

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11 minutes ago, ZcanKal said:

I'd say it depends on how long they did it for, at max I'd say 25% the price of what you could get if you were just gaming with it.

If it were overclocked, which in this case WOULD actually kill it faster I'd assume, would make it's value go down even more.

If you can get a really good deal on a card then yeah, you should get it.

25% of regular price. Yeah right.

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5 minutes ago, ZcanKal said:

What's the price (preferably in usd)

 

He is willing to sell a 1070 for 520$ when a new costs about 720$ after taxes...

AMD Ryzen 2600 / Asus Prime B-350 Plus / Asus Xonar Essence STX / 16 GB Kingston HyperX 2400 MHZ / Gigabyte 1070 G1 Gaming 8GB / Corsair DX850W / 250 GB 850 Evo SSD + 3TB (In Various Hard Drives) / Logitech G710+ Keyboard / Razer Abyssus Essential / Cooler Master HEF 932 

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Just now, xXxSourcexXx said:

 

He is willing to sell a 1070 for 520$ when a new costs about 720$ after taxes...

Holy crap, are the taxes high or is the shipping expensive?  Over here in the Northwest of the U.S., a 1070 ti costs about $570 usd.

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1 minute ago, M.Yurizaki said:

That's not MSRP. That's market price. The MSRP of a GTX 1070 is ~$400.

 

So if i can drop the price around 400 and test it properly then it's a good bet ?

AMD Ryzen 2600 / Asus Prime B-350 Plus / Asus Xonar Essence STX / 16 GB Kingston HyperX 2400 MHZ / Gigabyte 1070 G1 Gaming 8GB / Corsair DX850W / 250 GB 850 Evo SSD + 3TB (In Various Hard Drives) / Logitech G710+ Keyboard / Razer Abyssus Essential / Cooler Master HEF 932 

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Just now, ZcanKal said:

Holy crap, are the taxes high or is the shipping expensive?  Over here in the Northwest of the U.S., a 1070 ti costs about $570 usd.

 

In Israel we pay 17% in taxes...

AMD Ryzen 2600 / Asus Prime B-350 Plus / Asus Xonar Essence STX / 16 GB Kingston HyperX 2400 MHZ / Gigabyte 1070 G1 Gaming 8GB / Corsair DX850W / 250 GB 850 Evo SSD + 3TB (In Various Hard Drives) / Logitech G710+ Keyboard / Razer Abyssus Essential / Cooler Master HEF 932 

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1 minute ago, M.Yurizaki said:

You'd certainly getting a better deal than most :P

 

Thanks for the advice about the pricing issue , but i want to hear more opinions about this type of cards in general ;)

AMD Ryzen 2600 / Asus Prime B-350 Plus / Asus Xonar Essence STX / 16 GB Kingston HyperX 2400 MHZ / Gigabyte 1070 G1 Gaming 8GB / Corsair DX850W / 250 GB 850 Evo SSD + 3TB (In Various Hard Drives) / Logitech G710+ Keyboard / Razer Abyssus Essential / Cooler Master HEF 932 

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6 minutes ago, xXxSourcexXx said:

Thanks for the advice about the pricing issue , but i want to hear more opinions about this type of cards in general ;)

Ask for pictures of their mining setup. If it looks like a cardboard box special shoved into a closet, the price drops further or dump the seller.

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The only thing to worry about is the status of the fans. Miners often run them at full speed, or at least 70% to keep the temps low. This means fans are most likely to fail with these cards. As for the GPU (the compute core) and the rest of the stuff on the PCB, I wont be worried too much about it. I call that as prove of stability, since any manufacturing faults would be exposed when mined for so long.

 

Oh, and dusty cards are out of question.

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2 minutes ago, Jurrunio said:

The only thing to worry about is the status of the fans. Miners often run them at full speed, or at least 70% to keep the temps low. This means fans are most likely to fail with these cards. As for the GPU (the compute core) and the rest of the stuff on the PCB, I wont be worried too much about it. I call that as prove of stability, since any manufacturing faults would be exposed when mined for so long.

 

Oh, and dusty cards are out of question.

 

Thanks for additional information that i can use ;) , i want to collect as much data as possible before trying to negotiate with the seller...

AMD Ryzen 2600 / Asus Prime B-350 Plus / Asus Xonar Essence STX / 16 GB Kingston HyperX 2400 MHZ / Gigabyte 1070 G1 Gaming 8GB / Corsair DX850W / 250 GB 850 Evo SSD + 3TB (In Various Hard Drives) / Logitech G710+ Keyboard / Razer Abyssus Essential / Cooler Master HEF 932 

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It’s absolutely no different then getting a used card from anywhere else. Would just be cleaner compared to the average pc person who doesn’t know enough about PCs. 

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If you can get it for 2/3 the price of new local I would say yes. I don't think mining would be worse than gaming, in fact mining is generally open bench and should run cooler.

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