Rx480 prices.... mining?

ubersonic · 19 Jun 2017 at 22:38

Gerinako said:
I'll take a "lightly used" 570 if the price is right
It's what I wanted before this craze! (although new was preferable )

This isn't really going to have any affect on card prices/demand, it only affects one altcoin.

five8five said:
Also I'm not sure why you're trying to start an argument as it was you that posted the dodgy information in the first place

1: I'm not I was just pointing out that the updated info had already been posted earlier.
2: It's hardly dodgy when it was considered correct at the time of posting, the news that it was in fact down to access not size became known later (hence why the tech news sites are still claiming it's a VRAM size issue).

Howling · 19 Jun 2017 at 22:46

ubersonic said:
This isn't really going to have any affect on card prices/demand, it only affects one altcoin.

Yep. The people running those RX mining rigs will likely move to mining another coin (likely ZCash) when Eth goes PoS, some will dump their RX cards but I wouldn't think the numbers would be overly high.

mahius · 19 Jun 2017 at 23:41

Is it just me or is mining making prices worse on 1070s and 1080s now too? I swear I saw a good many sub £350 1070s the other day and today I noticed they're all gone.

Looking at all the listings on Ebay, it looks like the 8GB cards are the popular ones, unless one can show their 4GB card is very power efficient.

Edit: Got me wondering now, if RX 480 prices will rise is it a good idea to sell one (admittedly only 4GB) to try and nab a 1070 (if the miners haven't grabbed those yet)?

RavenXXX2 · 19 Jun 2017 at 23:51

AMD make hay whilst the sun is shinning because when its over it's back to no one buying your GPUs.

malachi · 19 Jun 2017 at 23:54

mahius said:
Is it just me or is mining making prices worse on 1070s and 1080s now too? I swear I saw a good many sub £350 1070s the other day and today I noticed they're all gone.

Looking at all the listings on Ebay, it looks like the 8GB cards are the popular ones, unless one can show their 4GB card is very power efficient.

Edit: Got me wondering now, if RX 480 prices will rise is it a good idea to sell one (admittedly only 4GB) to try and nab a 1070 (if the miners haven't grabbed those yet)?

Sell it now while the value is high.

Ree · 20 Jun 2017 at 06:29

iam actually lost for words, thats mental. hope its ok posting that image i will remove it if needed.

jaffveyda · 20 Jun 2017 at 07:56

ree said:
iam actually lost for words, thats mental. hope its ok posting that image i will remove it if needed.

I wouldn't sell on ebay, especially to miner due to the 180 days return policy.

ubersonic · 20 Jun 2017 at 08:56

mahius said:
Is it just me or is mining making prices worse on 1070s and 1080s now too?

Has been for a while, due to the mouthbreathers jumping on the train hoovering up all the AMD cards most of the actual miners have swapped to Nvidia as it means more hash per £ (with current AMD prices/availability).

May even get worse once the mouthbreathers realise that the outdated info they've been reading that says mining is AMD only is nonsense.

Nasher · 20 Jun 2017 at 08:59

The used prices are insane. I've never owned a piece of hardware which has actually appreciated like this lol

Only other piece of hardware I've sold for more than I bought it for new was a socket 1155 motherboard.

NeoWave · 20 Jun 2017 at 10:34

I was holding out for Vega but couldn't ignore this and am making a tidy profit on my RX 480; so much so that I'll be able to buy a GTX 1080 for less than £200 'new money,' if that makes sense.

Gibbo · 20 Jun 2017 at 10:38

NVIDIA prices are now exploding, really the best deals now as daft as it sounds are on 1080 and 1080Ti as the miners have ignored these so far, though I feel they will want all the 1080 stocks soon if rumours of 60MH/s is true on a 1080, if that happens the sub £500 1080's will be gone.

Last week we sold over 5000 1060 consumer cards, it is absolutely insane. Our sister companies in Germany, Hungary and Portugal are also completely sold out more or less of 1060 and 1070, of course all RX 470, 570 and 580 are at a back order status within our group of more than 10,000 cards pre-sold and paid for upfront. Total insantity! :eek:

Gerinako · 20 Jun 2017 at 11:11

I picked a bad time of year to wait for my tax refund for a GPU upgrade didn't I?

Howling · 20 Jun 2017 at 11:14

Gibbo said:
though I feel they will want all the 1080 stocks soon if rumours of 60MH/s is true on a 1080, if that happens the sub £500 1080's will be gone.

Those are different cards though. There's 2 nvidia mining cards based on the 1060 and 1080 - what that means for the actual 1060 and 1080, who knows.

Journey · 20 Jun 2017 at 11:18

Gibbo said:
NVIDIA prices are now exploding, really the best deals now as daft as it sounds are on 1080 and 1080Ti as the miners have ignored these so far, though I feel they will want all the 1080 stocks soon if rumours of 60MH/s is true on a 1080, if that happens the sub £500 1080's will be gone.

Last week we sold over 5000 1060 consumer cards, it is absolutely insane. Our sister companies in Germany, Hungary and Portugal are also completely sold out more or less of 1060 and 1070, of course all RX 470, 570 and 580 are at a back order status within our group of more than 10,000 cards pre-sold and paid for upfront. Total insantity!

So being totally upfront, and honest, and after making use of capitalism at its finest, what will the prices of the 580's come down to after the mining boom has subsided?

Gibbo · 20 Jun 2017 at 11:22

Howling said:
Those are different cards though. There's 2 nvidia mining cards based on the 1060 and 1080 - what that means for the actual 1060 and 1080, who knows.

Yes but they are for B2B/Corporate only, so professional miners who buy like 1000+ cards at a time, some buy 50,000 cards.

Its the small time miners who are buying the consumer stocks and want stock now and are unwilling to pay up front and then wait 4-6 weeks for delivery.

ste91 · 20 Jun 2017 at 11:30

Is it safe to assume then that the launch price of Vega will be affected as well, if this is now pushing prices of 1070s and 1080s?

Gibbo · 20 Jun 2017 at 11:34

ste91 said:
Is it safe to assume then that the launch price of Vega will be affected as well, if this is now pushing prices of 1070s and 1080s?

Completely unknown, VEGA in theory should be useless for mining due to HBM2.0 and as such demand for HBM2.0 should be un-affected so the price should be no different but HBM2.0 is already an insane price so VEGA won't be cheap.

Of course any cards using GDDR5 and GDDR5X have exploded in sales, so the prices on GDDR5 and GDDR5 have gone up a lot due to demand well exceeding supply capability.

Howling · 20 Jun 2017 at 11:49

Gibbo said:
Completely unknown, VEGA in theory should be useless for mining due to HBM2.0

Can you elaborate on this? Why's HBM no good for mining?

Streetlight · 20 Jun 2017 at 12:21

Gibbo said:
Completely unknown, VEGA in theory should be useless for mining due to HBM2.0 and as such demand for HBM2.0 should be un-affected so the price should be no different but HBM2.0 is already an insane price so VEGA won't be cheap.

Of course any cards using GDDR5 and GDDR5X have exploded in sales, so the prices on GDDR5 and GDDR5 have gone up a lot due to demand well exceeding supply capability.

Not sure about that, Nano's are great mining cards, they Have HBM, Obv dont know till they come out.

Nutty_Death · 20 Jun 2017 at 12:25

ree said:
iam actually lost for words, thats mental. hope its ok posting that image i will remove it if needed.

Just seen a 7950 sell for £118...