Rx480 prices.... mining?

z10m · 15 Jun 2017 at 17:46

CREATIVE!11 said:
Interesting, so do you mine as part of an eth pool or solo? I don't know much about this all but curious really.

Wondering if I could buy a 1070 and pay it off. But prices seem to fluctuate like crazy, in theory you can pay it off in few months... but a lot happens in a month when it comes to cryptos

Yeah you're right the prices are fluctuating all the time so I'm mining in a pool so I can get paid quicker and exchange to £.

Also for those who say that Nvidia cards are inefficient at ethereum mining here is my rig doing 140MH/s and pulling only 480W from the wall.

CREATIVE!11 · 15 Jun 2017 at 18:02

z10m said:
Yeah you're right the prices are fluctuating all the time so I'm mining in a pool so I can get paid quicker and exchange to £.

Also for those who say that Nvidia cards are inefficient at ethereum mining here is my rig doing 140MH/s and pulling only 480W from the wall.

Nice, yeah I know enough to say that paying the price of a 1070 on a used 480 on ebay is stupid...

Btw what pool do you mine in?

z10m · 15 Jun 2017 at 18:05

CREATIVE!11 said:
Btw what pool do you mine in?

ethermine.org

almoststew1990 · 15 Jun 2017 at 21:20

Not sure if it is related to the mining resurgence but the recommended BIN prices for 7970s on eBay are about 60-70 (which I assume are based on the past year or so) but the current prices range from 100-150 and mine sold in an hour at £115

silversurfer · 15 Jun 2017 at 22:34

If you game at all get the 1070 but a lot of mining is done by headless machines. is 480w a little amount, swear I used to use less but I only checked roughly

CAT-THE-FIFTH · 16 Jun 2017 at 11:04

Personally I do have some concern about the 180 day return period on the famous auction site though - it used to be 45 days??

Hedge · 16 Jun 2017 at 11:08

CAT-THE-FIFTH said:
Personally I do have some concern about the 180 day return period on the famous auction site though - it used to be 45 days??

I've never sold on eBay so know little about it. Are you saying you can sell someone something and they can pursue a return within 180 days? Surely that kinda thing is for shops?

CAT-THE-FIFTH · 16 Jun 2017 at 11:18

Hedge said:
I've never sold on eBay so know little about it. Are you saying you can sell someone something and they can pursue a return within 180 days? Surely that kinda thing is for shops?

Yep. It used to 45 days for Paypal and 30 days for the famous auction site - the issue is that the 180 day thingy applies to all Paypal purchases,but you to offer Paypal on all sales it seems, and they seem to think to be treating anybody who sells anything as some kind of shop. Its ridiculous as in a physical auction you don't really get a guarantee on anything and I could understand the earlier period of a few weeks to judge condition of the item,but apparently missed out on the extension to 180 days.

I can appreciate it might not be an issue for lots of sales,but this is a slightly niche area.

Now the issue is these cards will be hammered 24/7 and as mentioned before the market could crash too,so I really don't know what to do. I have a virtually unused RX470 lying here which does have a warranty but even then its taking the mickey. You can't even give negative feedback to buyers either.

TNA · 16 Jun 2017 at 11:21

So even if you state no returns and not offered any warranty in description they can still complain and get money back for 180 days??

Sasahara · 16 Jun 2017 at 11:24

TNA said:
So even if you state no returns and not offered any warranty in description they can still complain and get money back for 180 days??

Yes, pretty much if they say the item is defective. I don't think the 180 days counts if they just didn't want it.

CAT-THE-FIFTH · 16 Jun 2017 at 11:43

Sasahara said:
Yes, pretty much if they say the item is defective. I don't think the 180 days counts if they just didn't want it.

Yep,although I suppose if you state its for parts and broken,ie, already defective then it might cover you,but then again you won't get as much for it anyway.

SupraWez · 16 Jun 2017 at 11:53

z10m said:
Also for those who say that Nvidia cards are inefficient at ethereum mining here is my rig doing 140MH/s and pulling only 480W from the wall.

That is damn good, with five R9 290 I get approx 150MH/s but at closer to 1400W at the wall, in the process if rebuilding my rigs at the moment as had some fan failures

z10m · 16 Jun 2017 at 12:10

SupraWez said:
That is damn good, with five R9 290 I get approx 150MH/s but at closer to 1400W at the wall, in the process if rebuilding my rigs at the moment as had some fan failures

How long did they last and what % did you run them at.?

SupraWez · 16 Jun 2017 at 12:19

z10m said:
How long did they last and what % did you run them at.?

The GPU and PSU fans are all OK, it was the additional case fans that all failed, there were at 100% for a couple of years, mixture of 120mm and 140mm units

You can see the results in this thread, to be honest its the first service the rigs have had for a long time so some failures were not unexpected as I noticed the temps were higher than normal.

https://forums.overclockers.co.uk/threads/high-durability-high-cfm-fans.18782354/

Akagi · 16 Jun 2017 at 12:38

My R9 390's have been at 100% load and the hotter card is sometimes nudging 90 degrees (though usually 80's) - They have been doing a mix of folding and mining for a year or so. One of them has a failing fan bearing, it makes an annoying noise.

Hedge · 16 Jun 2017 at 13:08

How long would an RX480 take to pay for itself mining?

MichaelM · 16 Jun 2017 at 13:20

Hedge said:
How long would an RX480 take to pay for itself mining?

Last week about 50 days, this week about 80 days.
Not an exact science because of how much the currency fluctuates, GPU prices have risen, power draw and hashrates can be fine tuned a considerable amount. I got my single 480 doing 26MH/s at just under 90W (132W with gaming overclocks) without undervolting or adjusting memory timings, just fiddling with clock speeds in afterburner.

Hedge · 16 Jun 2017 at 14:53

MichaelM said:
Last week about 50 days, this week about 80 days.
Not an exact science because of how much the currency fluctuates, GPU prices have risen, power draw and hashrates can be fine tuned a considerable amount. I got my single 480 doing 26MH/s at just under 90W (132W with gaming overclocks) without undervolting or adjusting memory timings, just fiddling with clock speeds in afterburner.

I have a brand new Asus 8gb 480 in a pc and I'm debating selling it ASAP or seeing if it can earn me something in meantime.

Phixsator · 16 Jun 2017 at 15:03

MichaelM said:
Last week about 50 days, this week about 80 days.
Not an exact science because of how much the currency fluctuates, GPU prices have risen, power draw and hashrates can be fine tuned a considerable amount. I got my single 480 doing 26MH/s at just under 90W (132W with gaming overclocks) without undervolting or adjusting memory timings, just fiddling with clock speeds in afterburner.

Ill give it one and maximum 2 more months before people drop GPU mining again due to difficulty and hopefully the average joe can buy a proper gpu for gaming once again. This mining craze is getting silly.

malachi · 16 Jun 2017 at 15:09

Out of the 290's I sold I made enough to buy myself a new 1070

Will put the 290 Tri X on tonight and use that towards Vega. I got a feeling the bubble is going to burst in 6 to 12 weeks.