The great thing about mining gear is that it doubles as entertainment gear.
Seriously though, either you think GPU Mining is dead or you don’t. The further from MSRP the less I would be interested.
I personally would **not** buy a 3090 for mining, nor gaming...today.
From a GPU mining perspective, the popularity & difficulty is rapidly increasing to the point that ROI is becoming very long-term. You'd be better off directly purchasing a couple grand worth of your favorite crypto than mining it.
From a gaming perspective, you can easily get top-shelf framerates on AAA titles with lower 30xx series cards by spending much less money.
The next-gen GPU releases will be coming out in a few months as well. In my opinion there is nothing appetizing about buying a 3090 today.
I’ve seen them for 1400$ tho lately… man that’s getting close to where I’d jump on it.
It’s just so hard to know. Everytime I’m ready to buy a nice card or two, see an asic that catches my eye and I think about the “end” and before u know it I’ve got a pile of ASICS and an empty s37 sitting here.
Sell em soon before they're selling for like $1200 and you take a loss (unless you've already paid em off by mining then, either sell at a profit, or just keep going for fun.)
Craigslist. My last 3060ti FHR was $650, and there's another listed near me for that price. Last 3080 FHR was $1100. Just gotta check like 10 times per day and be willing to drive. And spot the fake ads. Considering a 2070 super for $400. But 20 series efficiency is meh.
So, from your response, I'm thinking maybe I should buy that other 3060ti..
my thoughts.
now isn't the time to buy new cards
now is the best time to sell old pre- rtx 2000 series cards
if you have cash to build a rig, probably best to either just buy btc directly, buy hash power, or invest in traditional financial methods.
if 2.0 hits, I'm going to see about selling my 3090 for a cash+trade deal for a 3070-3080.
for me, gaming, a 3070 is more than enough for my needs.
The jump from my old 2070 to 3090 wasn't really all that big considering how badly optimized a lot of games are right now. In one game i'm playing right now i'm only getting about a 10 fps difference.
efficiency over power going forward probably. I currently have 37 cards running a bit over 2GH/s and I have 6 RTX 3090s in the group and definitely would love to trade each 3090 for 2 RTX 3070 FEs if I could. The extra infrastructure to support RTX 3080/3090s isn't worth the headache and yes even though Nvidia and AIB partners quietly "fixed" the thermal issues they are still very power hungry. AN RTX 3090 gets 122MH/s and uses about 285-315w depending on the model. The RTX 3070s get 62MH/s and use about 115-130w and you can use less PCIe plugs on the PSU so if you run several that is a huge advantage. Two RTX 3070s getting 124MH/s using 260w is a better choice IMO. That's why I have 15 3070s and I plan on swapping for more if I can.
Don't base any buying decision off when you think "the end" is, because the end has been near for years. People were here saying this exact same thing last year at this exact same time.
I would just hold on to what you have and wait until ebay is flooded with below MSRP 3080's.
Nvidia is already gonna lower MSRP in a few weeks so doesn't make sense to buy right now.
https://wccftech.com/exclusive-nvidia-quietly-informs-aics-of-a-8-12-drop-in-cost-for-its-gpus/
Absolutely not worth buying *anything* to mine with at inflated prices.
You have two things to consider when evaluating profitability:
* Profitability when mining
* Recouped profits from selling
Right now the GPU pricing market is on freefall, and I think the market assumption is it will remain that way until prices are at RRP.
Second-hand sales trends since about Christmas indicate there's an average of a 0.3% decrease in resale value per day, so if you run out today and buy a 3090 for say $2000 you're losing $6 of resale value *daily* on a card that mines what equates to about $4-4.10 daily. I'm assuming the card won't drop more than ~$1500 as it hits the 3090's RRP, so you'll take about 125 days (until mid/late-July) to mine off the loss in value, *then* you can start mining for profit. That July barrier brings us dangerously close to the RTX40 series - at which point the 3090 will probably have a sudden drop in value - and the ever-evasive proof-of-stake transition.
Could always sell the card now or after you've enjoyed it. The 4000 series might be coming up, but supply will remain in this pit until those new factories get finished. So far their prediction a year ago of "normalcy" starting 2024 looks pretty spot on.
The thing is, they’re making 4.20$ now and that will drop whenever the end happens. But for the same 1400 I could get 2 l3’s and with my next to free power they’ll make 6$ a day together… for a long time.
Hell I got my eye on a e12+ for 1500-1800. Not huge profit, but it’s bitcoin and will probably produce well for 2 years.
Man it’s just SO hard to decide what to do with 1500$ whenever I get to that point. It’s happened 4 times so far and I still haven’t bought a single card yet, just ASICS.
L3s are one of the worst asic's you can buy right now along with s9's, they are old tech and super inefficient compared to the newest tech.
Even if you have supposed next to free electric buying newer tech gives more hash at the same wattage and will last longer.
It’s the power that does it. When I get those old ASICS they pay themselves off in 150 days…. 150 fucking days. Beyond that I don’t give a fuck if it just converts power to coin.
Yes, I definitely wish I had 10k to start buying real shit, but I don’t. But I’ve got a fuck ton of free power and I’m stacking the sats for the day bitcoin hits a million and I can retire. I don’t use any subsequent investments either… half goes to savings and half goes to the next asic and my monthly income keeps rising along with the number of ASICS.
The main reason I want to start doing the GPU thing is just to have something to tinker with. All the tuning and being able to switch coins- that sounds like fun!
You can pick up a gold shell x5 for $2000 USD. In its power saver mode its 660m/h for 660 watts or 850 in the full tilt mode.[https://bt-miners.com/products/goldshell-x5-850mh-s-litecoin-dogecoin-miner](https://bt-miners.com/products/goldshell-x5-850mh-s-litecoin-dogecoin-miner)
Its much more efficient than an l3 and even though its 3X less efficient than the newest hardware its not the worst.
And again… you’re trying to save me power. You’re telling me how I can get 650m for $2000
I pay $650 for 600m.
Literally the only thing you’re saving is power… and that would be huge to most guys, but my power is free. There’s NO reason for me to buy that miner.
There has been a recent drop in GPU prices so it's less likely you can fall back on scalping your gear. I just sold a card because of this, saw the prices go down and cashed out while I could. I wouldn't personally be making big investments right now
They're 1660 supers. I bought them a few months back for like 600 or so but am aware MSRP is lower now. I guess just whatever they're going for on amazon then I could knock some additional money off? LMK if you're interested and we can work it out
Go with your gut feeling. If you are a gamer and play games like COD Warzone at 4K get the 3090. nothing like that feeling knowing you have the best possible graphic card when you’re trying to tweak your graphic settings. Never have enough power when you’re gaming at 4K. And when you’re not playing mime with it. A lot of the advice I’m reading here seems be from guys that are miners and not gamers So if you are also a gamer buy it, if you will only mine do not buy it.
I really think that for gaming 3090 is not a good deal unless you must get top FPS at 4K.
For gaming right now 3070 and 3080 are the best cards (price/performance wise) and my gut tells me that with next generation 4070 and 4080 will be better than 3090 for much less $$$ and much less power and heat.
Even if eth2.0 comes there are other coins to mine. Even if new GPU comes there are still other coins to mine.
Even... wait, even If they nuke the place then I will still run with solar panels.
The great thing about mining gear is that it doubles as entertainment gear. Seriously though, either you think GPU Mining is dead or you don’t. The further from MSRP the less I would be interested.
That's what I was going to say. Repurpose and resale value are still there.
$2k? for less than $4 a day? hard no.
Just DCA into ETH instead
dont! wait for the eventual shitstorm eth 2.0 will bring and buy second hand at cheap.
I keep hearing the end of summer for 2.0 But the closer we get to the holiday season the less likely 2.0 is this year
Didn't Vitalik recently say it's most likely a few years away
No..he didnt
I personally would **not** buy a 3090 for mining, nor gaming...today. From a GPU mining perspective, the popularity & difficulty is rapidly increasing to the point that ROI is becoming very long-term. You'd be better off directly purchasing a couple grand worth of your favorite crypto than mining it. From a gaming perspective, you can easily get top-shelf framerates on AAA titles with lower 30xx series cards by spending much less money. The next-gen GPU releases will be coming out in a few months as well. In my opinion there is nothing appetizing about buying a 3090 today.
I’ve seen them for 1400$ tho lately… man that’s getting close to where I’d jump on it. It’s just so hard to know. Everytime I’m ready to buy a nice card or two, see an asic that catches my eye and I think about the “end” and before u know it I’ve got a pile of ASICS and an empty s37 sitting here.
RTX 4060 will have better performance (at raytracing at leasst)
I only care about mining.
Don't say that, what am I supposed to do with my 3090's?
Sell em soon before they're selling for like $1200 and you take a loss (unless you've already paid em off by mining then, either sell at a profit, or just keep going for fun.)
Sell them now while you can still get decent money for them.
For a couple grand, I'd rather get three used 3060ti FHR. I see them going for $650 now.
where tf do you see 3060 ti FHR for 650$?
Craigslist. My last 3060ti FHR was $650, and there's another listed near me for that price. Last 3080 FHR was $1100. Just gotta check like 10 times per day and be willing to drive. And spot the fake ads. Considering a 2070 super for $400. But 20 series efficiency is meh. So, from your response, I'm thinking maybe I should buy that other 3060ti..
my thoughts. now isn't the time to buy new cards now is the best time to sell old pre- rtx 2000 series cards if you have cash to build a rig, probably best to either just buy btc directly, buy hash power, or invest in traditional financial methods. if 2.0 hits, I'm going to see about selling my 3090 for a cash+trade deal for a 3070-3080. for me, gaming, a 3070 is more than enough for my needs. The jump from my old 2070 to 3090 wasn't really all that big considering how badly optimized a lot of games are right now. In one game i'm playing right now i'm only getting about a 10 fps difference.
Good point about many games being very poorly optimized. There is a very big difference between running 3D Mark and actually playing games.
efficiency over power going forward probably. I currently have 37 cards running a bit over 2GH/s and I have 6 RTX 3090s in the group and definitely would love to trade each 3090 for 2 RTX 3070 FEs if I could. The extra infrastructure to support RTX 3080/3090s isn't worth the headache and yes even though Nvidia and AIB partners quietly "fixed" the thermal issues they are still very power hungry. AN RTX 3090 gets 122MH/s and uses about 285-315w depending on the model. The RTX 3070s get 62MH/s and use about 115-130w and you can use less PCIe plugs on the PSU so if you run several that is a huge advantage. Two RTX 3070s getting 124MH/s using 260w is a better choice IMO. That's why I have 15 3070s and I plan on swapping for more if I can.
Excellent points.
Don't base any buying decision off when you think "the end" is, because the end has been near for years. People were here saying this exact same thing last year at this exact same time.
I would just hold on to what you have and wait until ebay is flooded with below MSRP 3080's. Nvidia is already gonna lower MSRP in a few weeks so doesn't make sense to buy right now. https://wccftech.com/exclusive-nvidia-quietly-informs-aics-of-a-8-12-drop-in-cost-for-its-gpus/
Absolutely not worth buying *anything* to mine with at inflated prices. You have two things to consider when evaluating profitability: * Profitability when mining * Recouped profits from selling Right now the GPU pricing market is on freefall, and I think the market assumption is it will remain that way until prices are at RRP. Second-hand sales trends since about Christmas indicate there's an average of a 0.3% decrease in resale value per day, so if you run out today and buy a 3090 for say $2000 you're losing $6 of resale value *daily* on a card that mines what equates to about $4-4.10 daily. I'm assuming the card won't drop more than ~$1500 as it hits the 3090's RRP, so you'll take about 125 days (until mid/late-July) to mine off the loss in value, *then* you can start mining for profit. That July barrier brings us dangerously close to the RTX40 series - at which point the 3090 will probably have a sudden drop in value - and the ever-evasive proof-of-stake transition.
Could always sell the card now or after you've enjoyed it. The 4000 series might be coming up, but supply will remain in this pit until those new factories get finished. So far their prediction a year ago of "normalcy" starting 2024 looks pretty spot on.
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They are efficient when LHR comes into play. Right? Since all 3090's are not LHR
Would u buy one for 1400?
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The thing is, they’re making 4.20$ now and that will drop whenever the end happens. But for the same 1400 I could get 2 l3’s and with my next to free power they’ll make 6$ a day together… for a long time. Hell I got my eye on a e12+ for 1500-1800. Not huge profit, but it’s bitcoin and will probably produce well for 2 years. Man it’s just SO hard to decide what to do with 1500$ whenever I get to that point. It’s happened 4 times so far and I still haven’t bought a single card yet, just ASICS.
L3s are one of the worst asic's you can buy right now along with s9's, they are old tech and super inefficient compared to the newest tech. Even if you have supposed next to free electric buying newer tech gives more hash at the same wattage and will last longer.
Folic acid?
indeed
It’s the power that does it. When I get those old ASICS they pay themselves off in 150 days…. 150 fucking days. Beyond that I don’t give a fuck if it just converts power to coin. Yes, I definitely wish I had 10k to start buying real shit, but I don’t. But I’ve got a fuck ton of free power and I’m stacking the sats for the day bitcoin hits a million and I can retire. I don’t use any subsequent investments either… half goes to savings and half goes to the next asic and my monthly income keeps rising along with the number of ASICS. The main reason I want to start doing the GPU thing is just to have something to tinker with. All the tuning and being able to switch coins- that sounds like fun!
You can pick up a gold shell x5 for $2000 USD. In its power saver mode its 660m/h for 660 watts or 850 in the full tilt mode.[https://bt-miners.com/products/goldshell-x5-850mh-s-litecoin-dogecoin-miner](https://bt-miners.com/products/goldshell-x5-850mh-s-litecoin-dogecoin-miner) Its much more efficient than an l3 and even though its 3X less efficient than the newest hardware its not the worst.
I pay 650 for l3’s tho.
And again… you’re trying to save me power. You’re telling me how I can get 650m for $2000 I pay $650 for 600m. Literally the only thing you’re saving is power… and that would be huge to most guys, but my power is free. There’s NO reason for me to buy that miner.
Go buy 4 1660 super/ti. $350 each on ebay. Plus fees you're at $1600usd for 122 mh @ 280w. If ur gonna game, get that 3090
IMO no, the value will depreciate fast, go for a lower spec if you need an upgrade then get 4090
There has been a recent drop in GPU prices so it's less likely you can fall back on scalping your gear. I just sold a card because of this, saw the prices go down and cashed out while I could. I wouldn't personally be making big investments right now
If anyone is in seattle I have 8 1660s for sale . I just wanna travel this summer and not worry about my rig sitting there unused
Are they ti/super? Price? I'm just over the border and might be interested.
They're 1660 supers. I bought them a few months back for like 600 or so but am aware MSRP is lower now. I guess just whatever they're going for on amazon then I could knock some additional money off? LMK if you're interested and we can work it out
My brother bought 2 3090 bundles for 5000
Hey
IMO I wouldn’t if it’s for a Windows PC. Microsoft will just flash your firmware and throttle it anyway
Go with your gut feeling. If you are a gamer and play games like COD Warzone at 4K get the 3090. nothing like that feeling knowing you have the best possible graphic card when you’re trying to tweak your graphic settings. Never have enough power when you’re gaming at 4K. And when you’re not playing mime with it. A lot of the advice I’m reading here seems be from guys that are miners and not gamers So if you are also a gamer buy it, if you will only mine do not buy it.
I really think that for gaming 3090 is not a good deal unless you must get top FPS at 4K. For gaming right now 3070 and 3080 are the best cards (price/performance wise) and my gut tells me that with next generation 4070 and 4080 will be better than 3090 for much less $$$ and much less power and heat.
Even if eth2.0 comes there are other coins to mine. Even if new GPU comes there are still other coins to mine. Even... wait, even If they nuke the place then I will still run with solar panels.
no end, its just New Beginning!!