Have been looking for a reasonably priced gtx 1060 (6gb version of course) ever since the Ethereum bit coin mining craze began this summer.
Originally £317.97, now £224.97 (£93 off)
Amazon have it on for £298.99 and I haven't seen a gtx 1060 6gb for less than 270 anywhere else
All comments (55)
ddaann_99
1 Sep 17#1
Very good price for brand new. Well spotted OP. Would buy them all for my mining operation but I can't go beyond £200/card haha!
pidgin
1 Sep 17#2
Does this mark the end for mining madness? I wish amazon had at this price so I could buy.
Btw amazon doesn't doesn't even sell this at the moment so there's hope when it does arrive there it will be cheaper too.
Kkbob
1 Sep 17#3
Great price, purchased, thanks OP
robodan918
1 Sep 17#4
great mining card - heat /joking
sneakybifta
1 Sep 17#5
I have a 1080 that's usually idle. In our shared university house we have unlimited electricity. Should I be mining etherium? I looked into BTC a while back but got the impression the hope of any meaningful return died years ago.
robodan918 to sneakybifta
1 Sep 17#11
1080 is one of the worst cards to mine with - sorry to tell you you still can, but your return is going to be worse than on a 1070 strange but true
mikehunt69 to robodan918
2 Sep 17#27
This is only true for Ethereum mining. Mining zcash will net ~20% greater returns from a 1080 vs a 1070. Check whattomine.com and do some comparisons.
For some easy money, check out nicehash.com. You could earn slightly more buy using a mining pool, but it's dead easy and it switches coins based on what is the most profitable at the time.
robodan918 to mikehunt69
2 Sep 17#31
Nicehash pays out in bitcoin, which you may see lower payouts of bitcoin as it increases in value.
Mining a crypto yourself is more risky, but you're guaranteed that if you have 1ETH or 1ZEC that value increases with the value of the currency.
mikehunt69 to robodan918
2 Sep 17#33
I view mining crypto as less risky than buying coins, because if there was a mass crash like what happened to bitcoin a while back, at least you'd still have the hardware which you can get some money back from.
Once you have bitcoin you can buy whatever crypto currency you want.
mikedigitales to sneakybifta
1 Sep 17#14
Get to the NiceHash website now - free electric = free moneyz :smile:
ddaann_99 to sneakybifta
1 Sep 17#17
The 1080 isn't all that great for mining Ethereum due to its gddr5x memory configuration but if your leccy is free then it wouldn't do any harm to have it ticking over earning you a few quid. It'll help to keep your room warm in winter too :sunglasses:
Billythebubble
1 Sep 17#6
Mine if I bought all available stock? Pun intended great price op!
fozzibear
1 Sep 17#7
I'm on this website everyday waiting for the msi gtx 1070 gaming X to get discounted and it's gtx 1060 deal after deal!
ST3123 to fozzibear
1 Sep 17#9
Sadly the way it will be as mainstream parts like the 1060 will always be made in much bigger quantities than (comparatively) high end parts like the GTX1070.
Heated as this is a very good deal considering how high GPU prices have been lately and it being a 6GB version is much better for future proofing and as this has one of the better cooler designs for the 1060, which doesn't run very hot anyway, there is probably some overclocking headroom to be had too....
Gormond
1 Sep 17#8
Atleast the prices are improving but it's still sad that I paid this for a 970 two years ago which is about the same speed.
I was hoping we would see a 1070 at this price point by now. Guess I will be waiting for Volta.
robodan918 to Gormond
1 Sep 17#12
if the mining trend continues (and yes it will) Volta in mid 2018 and even Navi in 2019 will still be at these prices cryptos aren't going away. Buy the card you want, and if you want a return set it to mine in the time you don't use it
mikehunt69 to robodan918
2 Sep 17#28
At the moment cryptos mostly use proof of work algos which need gpu or asic miners. Over time cryptos will move to proof of stake algorithms, which will kill compute mining. Ethereum is due to fork and switch to POS within this next year, it was originally planned within the next few months but has been delayed. IMHO POW based currencies will either move to POS or be overtaken.
ddaann_99 to mikehunt69
2 Sep 17#29
Why do you think POS will be more successful than POW? I'm not arguing with you.. Just interested.
mikehunt69 to ddaann_99
2 Sep 17#32
Check out the ATB coin whitepaper. POW isn't sustainable from an energy point of view and POS had some inherent benefits like scalability.
robodan918 to mikehunt69
2 Sep 17#30
Also wondering why proof of stake is better.
I've seen videos that explain the difference, but not why they were better (besides power requirements)
Pos could be a mistake that causes mass sell offs due to the perception of lost profitability. I plan to dump half of my ether before pos to hedge this bet.
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Opening post
Originally £317.97, now £224.97 (£93 off)
Amazon have it on for £298.99 and I haven't seen a gtx 1060 6gb for less than 270 anywhere else
All comments (55)
Btw amazon doesn't doesn't even sell this at the moment so there's hope when it does arrive there it will be cheaper too.
/joking
you still can, but your return is going to be worse than on a 1070
strange but true
For some easy money, check out nicehash.com. You could earn slightly more buy using a mining pool, but it's dead easy and it switches coins based on what is the most profitable at the time.
Mining a crypto yourself is more risky, but you're guaranteed that if you have 1ETH or 1ZEC that value increases with the value of the currency.
Once you have bitcoin you can buy whatever crypto currency you want.
Heated as this is a very good deal considering how high GPU prices have been lately and it being a 6GB version is much better for future proofing and as this has one of the better cooler designs for the 1060, which doesn't run very hot anyway, there is probably some overclocking headroom to be had too....
I was hoping we would see a 1070 at this price point by now. Guess I will be waiting for Volta.
cryptos aren't going away. Buy the card you want, and if you want a return set it to mine in the time you don't use it
IMHO POW based currencies will either move to POS or be overtaken.
I've seen videos that explain the difference, but not why they were better (besides power requirements)
Pos could be a mistake that causes mass sell offs due to the perception of lost profitability. I plan to dump half of my ether before pos to hedge this bet.