"Even RX 580 cards are becoming profitable now."
EditL Sigh. I gave away most of my cards.
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Do you really believe the snake oil that he's selling? He got lucky with one speculation coin and even then he is almost certainly pretending that you can sell exactly at the peak of that coin."Even RX 580 cards are becoming profitable now."
EditL Sigh. I gave away most of my cards.
You obviously didn't know what you were seeing. He went to hashrate.no, a well-known profit calculator, and of that filming, the RX 580 WAS PROFITABLE.Do you really believe the snake oil that he's selling? He got lucky with one speculation coin and even then he is almost certainly pretending that you can sell exactly at the peak of that coin.
Do you really believe the snake oil that he's selling? He got lucky with one speculation coin and even then he is almost certainly pretending that you can sell exactly at the peak of that coin.
I looked at the GPU mining reddit and they are all talking about spec mining being the only viable thing.You obviously didn't know what you were seeing. He went to hashrate.no, a well-known profit calculator, and of that filming, the RX 580 WAS PROFITABLE.
Had NOTHING to do with the semi-spec-mined coin that he mined with his 4x RX 6700 cards.
The crypto hype is already here.True... but (when) the Fed starts cutting rates, it wouldn't be that surprising to see crypto hype come back. And thus mining.
How profitable was it? CPU mining is en vogue as well. For awhile there, ZEPH was making like $3/day on a 3900X, and some of the niche ghostrider coins are close to that still. ZEPH has since collapsed in profitability (someone brought a ton of hashrate online and killed it), but ghostrider hasn't.You obviously didn't know what you were seeing. He went to hashrate.no, a well-known profit calculator, and of that filming, the RX 580 WAS PROFITABLE.
What's the point? No offense but you didn't exactly become a millionaire the last time. Better to channel your energy into something more productive.EditL Sigh. I gave away most of my cards.
What hype? Just because mining rebounded a tiny bit from the lowest of the lows, doesn't mean that there is an actual hype.The crypto hype is already here.
How profitable was it? CPU mining is en vogue as well. For awhile there, ZEPH was making like $3/day on a 3900X, and some of the niche ghostrider coins are close to that still. ZEPH has since collapsed in profitability (someone brought a ton of hashrate online and killed it), but ghostrider hasn't.
The altcoin ponzi schemes are all insider trading pump and dump garbage. Anyone plowing real money into these crazy s coins is buying the snake oil and you know what they say about fools and their money.What hype? Just because mining rebounded a tiny bit from the lowest of the lows, doesn't mean that there is an actual hype.
And the problem with temporarily profitability is that you don't have any coin to sell yet, when the coin is actually profitable, when you start mining at that point. That is why these are speculation coins. You need to have mined already when the coin price goes up.
For example. Coin X sees higher demand because Musk said something about it, so the price goes up, because the only people who can sell the coin are 100 people who are mining it as speculation. Then 10,000 people see that it became profitable and they all switch their rigs to X. Then after those people mine their coins and flood the market with them, the price quickly drops to below profit. So all those late movers never get to sell at the higher price.
As far as I can tell, you have to put in a ton of effort to figure out which coins are temporarily profitable, follow the prices to know when to sell your coin stash, etc. If you look at the net income divided by the hours you need to put in, the income per hour has to be absolutely atrocious. And even then the market only supports a relatively small number of people doing this. The more people chase these low-demand coins, the worse everyone incomes are.
Completely different from the Ethereum days where the demand was so huge that the market could absorb a huge number of mined coins and miners didn't have to spend a ton of effort to track different coins and such.
What hype? Just because mining rebounded a tiny bit from the lowest of the lows, doesn't mean that there is an actual hype.
That is true, but back then the market was a lot simpler (2016), and you could even buy used Hawaii cards and get solid returns on them in a few months. Mining has more participants now. Plus there are fleets of idled cards out there waiting for new things to mine, so as soon as something comes up they come on in force and then kill it from an economic perspective, sometimes in a matter of a few days (and then ASICs show up to put nails in the coffin).Completely different from the Ethereum days where the demand was so huge that the market could absorb a huge number of mined coins and miners didn't have to spend a ton of effort to track different coins and such.
That doesn't make much sense because China clearly hugely increased their spending on these cards, which almost certainly means that they decided to pull their spending forward to beat the China ban deadline, buying cards that they would otherwise have bought in 2024 or later.4090s are going to be in very short supply for a long time despite the China ban. Paths into China still exist.
U.S. issues warning to NVIDIA, urging to stop redesigning chips for China - VideoCardz.com
NVIDIA gets a warning from U.S. Commerce Secretary Gina Raimondo and Jensen Huang NVIDIA is consistently exploring ways to navigate the recent restrictions imposed on the export regulations of advanced chips by the US government. The company has recurrently introduced new hardware designed to...videocardz.com
So now what? Does nGreedia release 4090c (castrated version) with all tensor cores disabled for the Chinese market?
Does this mean Chinese gamers won't be able to use DLSS3?
Could this mean even higher prices for original 4090 cards?
The statement by the US Commerce Secretary shows that she doesn't understand how AI training & inference works, by saying that she wants to ban any cards that can be used for AI. After all, you can do both on a 3060, or even a 1060. Just less quick and a smaller model.So now what? Does nGreedia release 4090c (castrated version) with all tensor cores disabled for the Chinese market?
Does this mean Chinese gamers won't be able to use DLSS3?
Could this mean even higher prices for original 4090 cards?
I have been testing the Intel built-in 770 GPU found in the 13700 CPU and it is quite fast with 64gb 5600mhz RAM on board. 4K streaming is sharp and have zero problems with a fiber optic 3gb per second business ethernet connection and a 4K HDR 32” 120hz display!Ah, sorry, I bought several Radeon RX550 video cards, low profile, 2GB of Ram, for $80 each just before all of this madness started. They were used system pulls, so I have been out of it for a couple of years. Other than that, I've only built systems with video built into the processor.
Oh yes, it is vewy fast. So fast it makes me mwad why Intel didn't put 128MB eDRAM on the die to mwake it even mowe fast!I have been testing the Intel built-in 770 GPU found in the 13700 CPU and it is quite fast with 64gb 5600mhz RAM on board.
Just wait until the new year. The Super cards should drive prices down.The video cards are actually going up in price now!😱 Should of purchase them in September-October!👍
Separately, Newegg does have a new coupon for paying with Affirm (short term financing), so that may interest some PC component shoppers. Obviously there is a finance charge that takes away part of the coupon savings.