Posted January 9, 2014 Does anyone know when miners will stop buying up the R9 series cards so that they can go back down to the affordable price point they were originally for? I mean come on, i saw the card i bought go up almost $100 in almost a week. Some people can't throw $800 dollars at a graphics card you know? AMD diehard & Nvidia Enthusiest Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 people bitcoin mine with AMD cards? litecoin mining is where it's at. AFAIK, GPU prices won't go down until litecoin dies. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Because they are dreamers. I roll with sigs off so I have no idea what you're advertising. This is NOT the signature you are looking for. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Maybe when the LTC ASICS come GPUs will drop. Spoiler Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I'm so happy that I picked up my second 7950 for 220 before this crap happened <_< It's really depressing now to go on newegg and look at new GPUs Edit- Hell even 7950s are 440 dollars! Oh my goodness.... CPU Overclocking Database <------- Over 275 submissions, and over 40,000 views! GPU Overclocking Database Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Author I'm so happy that I picked up my second 7950 for 220 before this crap happened <_< It's really depressing now to go on newegg and look at new GPUs Ya a i bought a r9 270x before it jumped and now i was looking at another one for crossfire but i almost had a heart attack when i saw the prices now. Its not worth it unitl they stop buying them and the price reduces. AMD diehard & Nvidia Enthusiest Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I finally found an R9 290x MSI gaming edition and its $750. Spoiler Corsair 400C- Intel i7 6700- Gigabyte Gaming 6- GTX 1080 Founders Ed. - Intel 530 120GB + 2xWD 1TB + Adata 610 256GB- 16GB 2400MHz G.Skill- Evga G2 650 PSU- Corsair H110- ASUS PB278Q- Dell u2412m- Logitech G710+ - Logitech g700 - Sennheiser PC350 SE/598se Is it just me or is Grammar slowly becoming extinct on LTT? Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 My 6570 is still the same low price of $64 and some change. Main rig on profile VAULT - File Server Spoiler Intel Core i5 11400 w/ Shadow Rock LP, 2x16GB SP GAMING 3200MHz CL16, ASUS PRIME Z590-A, 2x LSI 9211-8i, Fractal Define 7, 256GB Team MP33, 3x 6TB WD Red Pro (general storage), 3x 1TB Seagate Barracuda (dumping ground), 3x 8TB WD White-Label (Plex) (all 3 arrays in their respective Windows Parity storage spaces), Corsair RM750x, Windows 11 Education Sleeper HP Pavilion A6137C Spoiler Intel Core i7 6700K @ 4.4GHz, 4x8GB G.SKILL Ares 1800MHz CL10, ASUS Z170M-E D3, 128GB Team MP33, 1TB Seagate Barracuda, 320GB Samsung Spinpoint (for video capture), MSI GTX 970 100ME, EVGA 650G1, Windows 10 Pro Mac Mini (Late 2020) Spoiler Apple M1, 8GB RAM, 256GB, macOS Sonoma Consoles: Softmodded 1.4 Xbox w/ 500GB HDD, Xbox 360 Elite 120GB Falcon, XB1X w/2TB MX500, Xbox Series X, PS1 1001, PS2 Slim 70000 w/ FreeMcBoot, PS4 Pro 7015B 1TB (retired), PS5 Digital, Nintendo Switch OLED, Nintendo Wii RVL-001 (black) Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 people bitcoin mine with AMD cards? litecoin mining is where it's at. AFAIK, GPU prices won't go down until litecoin dies. They might not even go down then at the rate other coins keep popping up. There will probably be something else in its place. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Author I really hate the whole online currency buisness personally. The gpus they are using are made, programmed, and advertised for the gaming comunity. Not for some sort of digital currency that by definition doens't exist. I would never invest into something that i could never physically touch or see. Especially a form of "currency". Anyone else with me on that one? AMD diehard & Nvidia Enthusiest Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I agree with everyone's sentiments. I wanted to go for a R9 290X but at it's current price point, it's not worth it. For an extra $100 I can just upgrade to the 780 TI. I hate that they're taking a card meant for gaming and using it for some digital currency BS that will burst like all the other digital currencies out there. It's not worth the heat and electricity it produces either. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Author I agree with everyone's sentiments. I wanted to go for a R9 290X but at it's current price point, it's not worth it. For an extra $100 I can just upgrade to the 780 TI. I hate that they're taking a card meant for gaming and using it for some digital currency BS that will burst like all the other digital currencies out there. It's not worth the heat and electricity it produces either. I'm with you 100% on that statement. AMD diehard & Nvidia Enthusiest Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I agree with everyone's sentiments. I wanted to go for a R9 290X but at it's current price point, it's not worth it. For an extra $100 I can just upgrade to the 780 TI. I hate that they're taking a card meant for gaming and using it for some digital currency BS that will burst like all the other digital currencies out there. It's not worth the heat and electricity it produces either. Yes, it is. Don't go spreading information about how mining isn't profitable. It IS profitable, you just have to wait 6 months. This isn't a get rich quick scheme. It's in INVESTMENT. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I really hate the whole online currency buisness personally. The gpus they are using are made, programmed, and advertised for the gaming comunity. Not for some sort of digital currency that by definition doens't exist. I would never invest into something that i could never physically touch or see. Especially a form of "currency". Anyone else with me on that one? They are "programmed" to do computing. Calculations. Not to shoot bullets at an enemy. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I suspect that the prices will go down once AMD notices that there is such interest in their products, and tries to sell more. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I'm so happy that I picked up my second 7950 for 220 before this crap happened <_< It's really depressing now to go on newegg and look at new GPUs Edit- Hell even 7950s are 440 dollars! Oh my goodness.... I remember when Sapphire's 7950 was $200 USD. Current System: CPU - I5-6500 | Motherboard - ASRock H170M-ITX/ac | RAM - Mushkin Blackline 16GB DDR4 @ 2400mHz | GPU - EVGA 1060 3GB | Case - Fractal Design Nano S | Storage - 250GB 850 EVO, 3TB Barracuda | PSU - EVGA 450W 80+ Bronze | Display - AOC 22" 1080p IPS | Cooling - Phanteks PH-TC12DX_BK | Keyboard - Cooler Master QuickFire Rapid(MX Blues) | Mouse - Logitech G602 | Sound - Schiit Stack | Operating System - Windows 10 The OG System: I3-2370M @ 2.4 GHz, 750GB 5400 RPM HDD, 8GB RAM @1333Mhz, Lenovo Z580 Laptop (Ubuntu 16.04 LTS). Peripherals: G602, AKG 240, Sennheiser HD 6XX, Audio-Technica 2500, Oneplus 5T, Odroid C2(NAS). Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I remember when Sapphire's 7950 was $200 USD. I remember one Sapphire model was on for $180! I nearly blew up, and it sold out within 5 minutes :wub: :wub: :wub: :wub: :wub: :wub: Edit- They restocked on that model, and it costs 440 dollars now <_< CPU Overclocking Database <------- Over 275 submissions, and over 40,000 views! GPU Overclocking Database Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Yes, it is. Don't go spreading information about how mining isn't profitable. It IS profitable, you just have to wait 6 months. This isn't a get rich quick scheme. It's in INVESTMENT. So, waiting 6 months out weighs the costs of running a mining rig 24/7 at 360W+ continously? Unless you're joining a huge mining team or something I don't see the point. Plus using digital coins to inflate real assets is lame. As our derivatives or "speculative money." You'd see a better return investing conservatively in the stock market for the price of one of the cards. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I'm so happy that I picked up my second 7950 for 220 before this crap happened <_< It's really depressing now to go on newegg and look at new GPUs Edit- Hell even 7950s are 440 dollars! Oh my goodness.... same here (high five) MoBo: 970A-D3P CPU: FX-8350 GPU: HD 7950 PSU: 1000watt RAM:8Gb of G,skill 1600 Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Author They are "programmed" to do computing. Calculations. Not to shoot bullets at an enemy. I never said that it wasn't proffitable i just said that putting your money into something that you can not physically touch or insure is something that IMO is not secure. We have all seen how the stock market works and that can be scary at the best of times. And according to studies, online currency can only be profitable if you yourself are not paying (based on average prices) for the electricity consumption. Along with the high consumption it is by facts leaving a carbon foot print through the form of high wattage. AMD diehard & Nvidia Enthusiest Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 So, waiting 6 months out weighs the costs of running a mining rig 24/7 at 360W+ continously? Unless you're joining a huge mining team or something I don't see the point. Plus using digital coins to inflate real assets is lame. As our derivatives or "speculative money." You'd see a better return investing conservatively in the stock market for the price of one of the cards. Yes. It's like any investment, it takes time to pay itself off. Let's use an analogy here; a man builds an apartment building for $1,000,000. Does he make that money back right away? No. He has to wait a very long time to make money back. But, once it is paid off, the profit margins are amazing! This is why people coin mine. Cause they KNOW it will make money. It's just a matter of when. I have nearly $6,000 invested in mining rigs. And you know what? They've already paid for half of themselves over the past 2 months. Even after the $300 odd dollars paid in electricity. And, the best part is, I still have $800 worth of coins sitting in my wallet, that I could sell along with all my my mining equipment. At the point, I would have made a profit of nearly $1,000! Although, I don't plan on cashing out anytime soon Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Because they are dreamers. I'm up to $109 after 1.5 months. Which I did nothing for. But mine. Note: I bought the 290X for gaming stuff. The mining is a bonus. Unless you're joining a huge mining team or something I don't see the point. You... I... I don't even... Ugh. When you mine, you join a pool online. Which is a massive team of people mining coins together connected by the internet. That's literally mining 101. † Christian Member † For my pertinent links to guides, reviews, and anything similar, go here, and look under the spoiler labeled such. A brief history of Unix and it's relation to OS X by Builder. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 I never said that it wasn't proffitable i just said that putting your money into something that you can not physically touch or insure is something that IMO is not secure. We have all seen how the stock market works and that can be scary at the best of times. And according to studies, online currency can only be profitable if you yourself are not paying (based on average prices) for the electricity consumption. Along with the high consumption it is by facts leaving a carbon foot print through the form of high wattage. Mining is quite profitable. You just need the correct hardware. Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Yes. It's like any investment, it takes time to pay itself off. Let's use an analogy here; a man builds an apartment building for $1,000,000. Does he make that money back right away? No. He has to wait a very long time to make money back. But, once it is paid off, the profit margins are amazing! This is why people coin mine. Cause they KNOW it will make money. It's just a matter of when. I have nearly $6,000 invested in mining rigs. And you know what? They've already paid for half of themselves over the past 2 months. Even after the $300 odd dollars paid in electricity. And, the best part is, I still have $800 worth of coins sitting in my wallet, that I could sell along with all my my mining equipment. At the point, I would have made a profit of nearly $1,000! Although, I don't plane on cashing out anytime soon Plane? Where? Main rig on profile VAULT - File Server Spoiler Intel Core i5 11400 w/ Shadow Rock LP, 2x16GB SP GAMING 3200MHz CL16, ASUS PRIME Z590-A, 2x LSI 9211-8i, Fractal Define 7, 256GB Team MP33, 3x 6TB WD Red Pro (general storage), 3x 1TB Seagate Barracuda (dumping ground), 3x 8TB WD White-Label (Plex) (all 3 arrays in their respective Windows Parity storage spaces), Corsair RM750x, Windows 11 Education Sleeper HP Pavilion A6137C Spoiler Intel Core i7 6700K @ 4.4GHz, 4x8GB G.SKILL Ares 1800MHz CL10, ASUS Z170M-E D3, 128GB Team MP33, 1TB Seagate Barracuda, 320GB Samsung Spinpoint (for video capture), MSI GTX 970 100ME, EVGA 650G1, Windows 10 Pro Mac Mini (Late 2020) Spoiler Apple M1, 8GB RAM, 256GB, macOS Sonoma Consoles: Softmodded 1.4 Xbox w/ 500GB HDD, Xbox 360 Elite 120GB Falcon, XB1X w/2TB MX500, Xbox Series X, PS1 1001, PS2 Slim 70000 w/ FreeMcBoot, PS4 Pro 7015B 1TB (retired), PS5 Digital, Nintendo Switch OLED, Nintendo Wii RVL-001 (black) Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
Posted January 9, 2014 Plane? Where? Oh gosh Thanks. Fixed Link to comment Share on other sites More sharing options... Link to post Share on other sites More sharing options...
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