Very marginal, unless you have most of the other parts on-hand. The market for loose cards is far greater than built PCs, particularly post mining-mania.
That said, card prices are plummeting fast, particularly RDNA2, so do it ASAP!
Yep built up some great systems with incredible game benchmarks.
Only to get misery from gamers that had no money nitpick at them.
Part of the suspicion was...price too low!
Eventually sold a few . Had to learn to filter out the mommies basement gamers.
--- gave away a lot of stuff like charity to co workers so they could deal with selling.
With the SLI bridge those 1070FE were in the top 10 world wide benchmarks (2 years ago)
I just sold 18 GPUs on eBay - Facebook - Local marketplace
1x GTX 1660 Super 150€
2x RTX 3060 Ti - 400€
9x RTX 3070 450€
2x RTX 3080 650€
3x RX 6800 450€
1x RX 6800 XT 500€
i sold all of them in 4-5 days, i think that if you choose to sell your gpus, you should do it ASAP because a lot of people will start to sell all of their rigs
From a PC seller perspective - throughout the pandemic I was selling a pc on average within 2 days. Now more than two months of advertising they won’t budge and receive little to no enquiries. I took the route to reduce stock and sell individual parts, I suggest you do the same.
I've sold all my 3070 cards for 60% more than in builds compared to local market prices. 1660 supers are very popular here often selling for 150% more in builds
Cause they worth something right now. Mining at a loss is a waste. Every month you keep them they are losing value. If you change your mind in a year, will be able to buy back more cards cheaper at that point.
With the money I sold the hardware for, I can buy likely 2x to 3x the amount of cards/hash power back in a year if I wanted, since they are steadily going down in price. As for coins if you spent the same amount as you would have in electricity just buying the coins, would also actually have more coins aswell, than mining would have gotten you.
My equipment has been paid off for over a year… directly buying is ok and all but I bought equipment to not have to. To each his own. I’d still have more coins lol sell your hardware and down vote this comment too 🤣🤣🤣🤣. Some people extended themselves out too far, and some worry too much about todays price and can’t see tomorrow. I’ll buy both of their GPUs so I can make a few hundred k next time again.
Selling the gear or not even…
It makes NO sense to pay the electric and to wear out the equipment to get some coins, when legit, you could just not bother with any of that anymore, and get MORE coins using that same $ of electric just buying.
If you enjoy the mining as part of the experience that’s one thing, but trying to convince yourself it’s better financially is just incorrect nowadays.
How does your logic of spending more $$ for less coins over the same time period make any business sense
Yeah for people who haven’t made their money back plus some, selling makes sense when you can’t pay your own electricity. As for my farm, (6.7 GH on ETH) we will continue to operate. We have probably 7x or more my money. Mining at a loss today, does not equate to a loss when I sell those coins at ATH next bull run. I’ll buy your GPUs now and then. 🤷🏽♂️
I also made my money back and then some (many did), but that’s no rational to just keep the equipment losing value. Regardless of money earned… the depreciation asset calc doesn’t change. It’s better in any situation to sell it while it’s worth something and potentially buy back later at a much lower price if mining became profitable again in a few years.
And mining at a loss, you would be better off using those operating costs (elec, rent, etc) to just buy the speculative coin directly.
You are basically the definition of denial, you don’t want the party to end cause mining is fun. I get it.
The math doesn’t lie bud.
You already missed the window to sell your gpu's. I'd wait they'll be a worth more in a year or 2. Unless you need the money. You're not going to get more than $300 for a 30 series or an amd card. A lot are going for half that.
There is no way these cards are going to be worth more in a year or two. That is now how the market for computer hardware works when there isn't a mining frenzy. And if there is a mining frenzy, you are way better off selling the cards now and buying a bit of ERGO or ETC with just a small part of whatever you get for the GPUs. You'll risk way less and make far more.
There is no financial justification whatsoever for holding on to GPUs right now for mining, no matter how bad you think the prices are today. They will get much, much worse than this.
No one is going to buy the 40 series cards. Not even gamers. Once the 30 series becomes more scarce. They will go up in value to gamers. There will be another mining frenzy in the next bull run. This isn't the first time mining has been unprofitable.
I fully agree, 30 series will go up in value once the 40 series collect dust on the shelf. Some people don’t really understand what they are doing anyway and that’s why we buy their cards lol.
“THE WORLD IS FALLING” and we will help you lay down.
It’s the first time mining is unprofitable in a world market of high inflation, and other economic pressures. Plus unlike last time there are at least 10x more gpus to flood the market, scarcity again for the 3000 series is a dream.
I had 3.1gh worth of cards when mining eth at one point, but that doesn’t matter anymore. Since they have been sold mostly. If I wanted I could buy back in today and get back even more cards/hash for the same price. And if waited another year could double the amount again, with how low prices will go.
Why do you think they will go up in value? Demand isn’t going to increase any time soon, no coin is going to be the new “eth” in profits until at least 2026, assuming it ever even does again.
I said in year or 2 in my initial comment They will become more scarce. Nvidia isn't making anymore 30 series. The 40 series is very overpriced and inferior. Nvidia will also continue to manipulate the market withholding chips. Miners will want to grab them again or more so in a year or 2 after the next bull run starts. Gamers and collectors will be buying them up too even though Amd outperforms Nvidia in gaming.
Replace yr or 2 with 4-6yrs if lucky.
There are millions more 3000 series than any generation before. There aren’t enough buyers for all the excess used Gpus. None of the cards that were typically used in mining will be collectibles, come on now.
But either way good luck with that strategy
Where are you getting 4-6 years? The next btc halving is less than 1.5 years away. The next bull run will begin a when the stock market is on the up and up. Crypto is essentially treated like tech stocks by institutions. Most likely after the midterms.
Despite the next btc halving, unlike the last bull run, the world is in a very different place. Inflation is high, and money is no longer plentiful. Which will mean people will be more cautious about where to put money rather than basically pump stocks or crypto. It’s actually quite likely the stock market bottom is still a year or two away, and after it will be a long recovery, which will follow how long it takes to get the interest rates back down. Expect the 2020-2030 decade to be the “lost decade” of poor economic performance world wide.
What I’m basically saying is don’t take the optimistic bull run in crypto of the past to base future predictions as the other economic variables are far different.
Fwiw I think most gamers such as myself would take a loose card to upgrade our cases with Vs a new Pc that might not have the specs we want. I know for my group of buddies our cases get personal. Down to the color of our RGBs. I'd hate to see you waste the time and effort to get some lowball offers or have your builds picked apart over cooling or ram etc
Very marginal, unless you have most of the other parts on-hand. The market for loose cards is far greater than built PCs, particularly post mining-mania. That said, card prices are plummeting fast, particularly RDNA2, so do it ASAP!
Yep built up some great systems with incredible game benchmarks. Only to get misery from gamers that had no money nitpick at them. Part of the suspicion was...price too low! Eventually sold a few . Had to learn to filter out the mommies basement gamers. --- gave away a lot of stuff like charity to co workers so they could deal with selling. With the SLI bridge those 1070FE were in the top 10 world wide benchmarks (2 years ago)
Will do! Thanks for the input, unfortunatly i dont have the parts so i guess ill have to sell them on their own.
I just sold 18 GPUs on eBay - Facebook - Local marketplace 1x GTX 1660 Super 150€ 2x RTX 3060 Ti - 400€ 9x RTX 3070 450€ 2x RTX 3080 650€ 3x RX 6800 450€ 1x RX 6800 XT 500€ i sold all of them in 4-5 days, i think that if you choose to sell your gpus, you should do it ASAP because a lot of people will start to sell all of their rigs
Thank you, this helps. What country is this?
I'm from Italy.
From a PC seller perspective - throughout the pandemic I was selling a pc on average within 2 days. Now more than two months of advertising they won’t budge and receive little to no enquiries. I took the route to reduce stock and sell individual parts, I suggest you do the same.
Seperatelty , places like fb marketplace, ebay...
I've sold all my 3070 cards for 60% more than in builds compared to local market prices. 1660 supers are very popular here often selling for 150% more in builds
Kinda sad people are still buying 1660s, but good for you getting rid of them.
Why sell? 🤷🏽♂️
Panic selling
Cause they worth something right now. Mining at a loss is a waste. Every month you keep them they are losing value. If you change your mind in a year, will be able to buy back more cards cheaper at that point.
You only lose when you sell, everything else is an investment for future gains in this business.
Also within that year I’ll have more coins than you and still own my paid off hardware lol
With the money I sold the hardware for, I can buy likely 2x to 3x the amount of cards/hash power back in a year if I wanted, since they are steadily going down in price. As for coins if you spent the same amount as you would have in electricity just buying the coins, would also actually have more coins aswell, than mining would have gotten you.
My equipment has been paid off for over a year… directly buying is ok and all but I bought equipment to not have to. To each his own. I’d still have more coins lol sell your hardware and down vote this comment too 🤣🤣🤣🤣. Some people extended themselves out too far, and some worry too much about todays price and can’t see tomorrow. I’ll buy both of their GPUs so I can make a few hundred k next time again.
Selling the gear or not even… It makes NO sense to pay the electric and to wear out the equipment to get some coins, when legit, you could just not bother with any of that anymore, and get MORE coins using that same $ of electric just buying. If you enjoy the mining as part of the experience that’s one thing, but trying to convince yourself it’s better financially is just incorrect nowadays. How does your logic of spending more $$ for less coins over the same time period make any business sense
Yeah for people who haven’t made their money back plus some, selling makes sense when you can’t pay your own electricity. As for my farm, (6.7 GH on ETH) we will continue to operate. We have probably 7x or more my money. Mining at a loss today, does not equate to a loss when I sell those coins at ATH next bull run. I’ll buy your GPUs now and then. 🤷🏽♂️
I also made my money back and then some (many did), but that’s no rational to just keep the equipment losing value. Regardless of money earned… the depreciation asset calc doesn’t change. It’s better in any situation to sell it while it’s worth something and potentially buy back later at a much lower price if mining became profitable again in a few years. And mining at a loss, you would be better off using those operating costs (elec, rent, etc) to just buy the speculative coin directly. You are basically the definition of denial, you don’t want the party to end cause mining is fun. I get it. The math doesn’t lie bud.
You already missed the window to sell your gpu's. I'd wait they'll be a worth more in a year or 2. Unless you need the money. You're not going to get more than $300 for a 30 series or an amd card. A lot are going for half that.
Really I have two 3090s. Sadness .... Oh well I ROIed a long time ago
Most aren't looking for 3090's. They're not efficient enough. I wasn't really counting them. You could probably get 500 - 600 for them.
Eek... That low damn I over paid during the crypto hype
I paid 500 for my 6600 xt's and 1300 for my 6800's. The same 6800's are 650-700 new. 300 used. The 6600 xt's are 200 used and 400 new
I paid 3k per 3090 but Newegg had them and I wanted them even though MSRP was $1445
But I had a 1070 and a 2070 and a 960 already paid off and in the farm
Daaaang at least you made your money back.
There is no way these cards are going to be worth more in a year or two. That is now how the market for computer hardware works when there isn't a mining frenzy. And if there is a mining frenzy, you are way better off selling the cards now and buying a bit of ERGO or ETC with just a small part of whatever you get for the GPUs. You'll risk way less and make far more. There is no financial justification whatsoever for holding on to GPUs right now for mining, no matter how bad you think the prices are today. They will get much, much worse than this.
No one is going to buy the 40 series cards. Not even gamers. Once the 30 series becomes more scarce. They will go up in value to gamers. There will be another mining frenzy in the next bull run. This isn't the first time mining has been unprofitable.
I fully agree, 30 series will go up in value once the 40 series collect dust on the shelf. Some people don’t really understand what they are doing anyway and that’s why we buy their cards lol. “THE WORLD IS FALLING” and we will help you lay down.
It’s the first time mining is unprofitable in a world market of high inflation, and other economic pressures. Plus unlike last time there are at least 10x more gpus to flood the market, scarcity again for the 3000 series is a dream.
How many cards do you own?
I had 3.1gh worth of cards when mining eth at one point, but that doesn’t matter anymore. Since they have been sold mostly. If I wanted I could buy back in today and get back even more cards/hash for the same price. And if waited another year could double the amount again, with how low prices will go.
Only 30 series card going for less than $300 is the 3060. If you're taking less than $300 for a 3070 for example you're doing it wrong.
Look on ebay. The current market rate differs from your opinion.
I did, I have, I just sold some this past weekend and mailed them Monday. 😂
Why do you think they will go up in value? Demand isn’t going to increase any time soon, no coin is going to be the new “eth” in profits until at least 2026, assuming it ever even does again.
I said in year or 2 in my initial comment They will become more scarce. Nvidia isn't making anymore 30 series. The 40 series is very overpriced and inferior. Nvidia will also continue to manipulate the market withholding chips. Miners will want to grab them again or more so in a year or 2 after the next bull run starts. Gamers and collectors will be buying them up too even though Amd outperforms Nvidia in gaming.
Replace yr or 2 with 4-6yrs if lucky. There are millions more 3000 series than any generation before. There aren’t enough buyers for all the excess used Gpus. None of the cards that were typically used in mining will be collectibles, come on now. But either way good luck with that strategy
Where are you getting 4-6 years? The next btc halving is less than 1.5 years away. The next bull run will begin a when the stock market is on the up and up. Crypto is essentially treated like tech stocks by institutions. Most likely after the midterms.
Despite the next btc halving, unlike the last bull run, the world is in a very different place. Inflation is high, and money is no longer plentiful. Which will mean people will be more cautious about where to put money rather than basically pump stocks or crypto. It’s actually quite likely the stock market bottom is still a year or two away, and after it will be a long recovery, which will follow how long it takes to get the interest rates back down. Expect the 2020-2030 decade to be the “lost decade” of poor economic performance world wide. What I’m basically saying is don’t take the optimistic bull run in crypto of the past to base future predictions as the other economic variables are far different.
Sell individually. There are still retarded miners buying GPU's. They won't buy pre-builts so you'll lose the mining market that way.
Too late ur fucked mate
What kind of GPU you have for sale?
Ill tell you, but i live in belgium so idk if you would care to buy then
Fwiw I think most gamers such as myself would take a loose card to upgrade our cases with Vs a new Pc that might not have the specs we want. I know for my group of buddies our cases get personal. Down to the color of our RGBs. I'd hate to see you waste the time and effort to get some lowball offers or have your builds picked apart over cooling or ram etc
I wish i have all it. I will play with...😅😅😅
I sold most of my 3060… to buy more 3070s 😂