laptops direct superclocked evga with 15 off through which an get yer quid back better card i paid 232..great card
MorningStar
27 Sep 17#3
I paid that a year ago for this gpu. My receipt says October 2016 but sure it came out in a couple of months before that. I'm kind of shocked it hasn't devalued in the last 12 months. O_o
copperspock to MorningStar
27 Sep 17#4
That might be the miners?
MorningStar to copperspock
27 Sep 17#5
By 'miner do you mean the 3gb version or someone who extracts rare gems & metal ore from beneath the ground? O_o
I was just saying that it seems a bit weird how the price hasn't dropped in a year when new & better stuff is released all the time.
scroterot to MorningStar
27 Sep 17#6
When miners or mining is mentioned in relation to graphics cards, it refers to the "mining" of digital currency eg. Bitcoin. My understanding is that any coin that is found now is worth approx. £3000-£4000.
The reason your card has kept its value is because people have bought 5-10 of them on a single rig to run all day/night in the hope of finding/mining a single Bitcoin! Since the digital currency is limited only hardcore miners are bothering now and many hobbyists are selling their old graphics cards on eBay.
Hopefully, the graphics card prices will stabilise (better yet fall) to more reasonable prices over the next few months
MorningStar to scroterot
27 Sep 17#7
Okay, I understand now.
I had to read some strange article on it before I fully understood ( hackernoon.com/oh-…1f4 ). Doesn't make any sense to me why someone would try & make one of those setups in their own home, it looks like you need a factory full of them to get a decent return, maybe it was different in the past though? The whole thing seems a bit crazy to me!
I was putting maintained price down to price gouging I must admit.
I built an Ethereum miner in January with six AMD RX 470 graphics cards costing £1200 in total. It was mining one ethereum every three days. The price of ethereum then shot up from $12.50 each to $300 each and I was laughing all the way to the bank. Made about ten grand profit altogether. And when I sold the cards used on Ebay I got the same price as I bought them new due to the mining craze.
It's literally a 21st century gold rush. Also cryptocurrency and the blockchains that power them are the single biggest innovation since the dawn of the Internet. They will change the world.
JB74 to JamieD2016
28 Sep 17#13
I found £20 on the floor while walking to LIDL the other day..... that was nice! :face_with_monocle:
JamieD2016 to JB74
28 Sep 17#14
I haven't found a £20 for about five years. Nice when it happens though.
Dekard97 to JB74
28 Sep 17#17
Should have put it on HUKD, probably would have gone hot
darynquinn to Dekard97
28 Sep 17#22
Only if it was from Gearbest
jewelie to JamieD2016
28 Sep 17#20
You mean they'll be another dodgy financial product upon which a stack of iterative bets will be placed upon, like the subprime mortgages, leading to another financial crisis... but this time with an additional huge environmental footprint due to the additional huge volume of high tech employed combined with the energy required to power them?
It wouldn't be quite so bad if cryptocurrency were using all that power to do maths that moves knowledge forwards in some way but progressively solving some useful mathematical problems, but they don't, they're just hard maths for the sake of it. Not cool! (Literally!)
JamieD2016 to jewelie
28 Sep 17#23
Cryptocurrency wipes out the middle man whatever it touches. If you can't see the benefits of that you are delusional.
freedms_stain to MorningStar
28 Sep 17#15
If you mine new currencies when it's still relatively easy to mine "coins" then you can make a lot off a small home rig like one of the other comments describes.
Super rigs only become necessary once it becomes harder to mine the coins.
JamieD2016 to scroterot
28 Sep 17#16
It would take 50 years to mine a single bitcoin with a bunch of graphics cards in a PC running 24/7. People aren't mining bitcoins with them - they are mining Ethereum, Monero, Dashcoin, zcash and a host of other profitable coins.
You need a factory full of miners with in a preferably cool location with extremely low electricity costs (Iceland, China etc) in order for bitcoin mining to be profitable these days
The coins I listed above can all be mined by hobbyists with graphics cards, and AMD are much more preferable to Nvidia which mine cryptocurrency less effectively.
JamieD2016 to copperspock
28 Sep 17#11
Can't mine sh*t with nvidia. They are useless
AsadJani
27 Sep 17#9
Mining craze is getting low that's why graphic cards price r going low
xsor
27 Sep 17#10
I don't care if it takes a long time! I'm going to wait it out.
SeraphXii to xsor
28 Sep 17#19
I'm in the same boat as you, but my 660 is really starting to show its age :cry:
xsor to SeraphXii
28 Sep 17#21
Don't do ittttttttttttt! Stay strong, brother.
Our time will come soon...
Dekard97
28 Sep 17#18
Meh
zeoxzy
28 Sep 17#24
It's surely got to be worth paying the extra £20-£30 for the dual fan versions?
foxinthebox12
28 Sep 17#25
Hi techy people. thinking about getting this to upgrade my old rig. How much better is this than a HD7850?
And how much of a bottleneck will my processor be (if at all) for latest games at 1080p? i5 750 2.67 ghz ?
![Fresh Breakfast Meat Box (Using code) @ Campbells Meat [Haggis / Lorne Sausage / Bacon / Black Pudding & More]](/images/topics/208684_1.jpg)
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Opening post
27 comments
I was just saying that it seems a bit weird how the price hasn't dropped in a year when new & better stuff is released all the time.
The reason your card has kept its value is because people have bought 5-10 of them on a single rig to run all day/night in the hope of finding/mining a single Bitcoin! Since the digital currency is limited only hardcore miners are bothering now and many hobbyists are selling their old graphics cards on eBay.
Hopefully, the graphics card prices will stabilise (better yet fall) to more reasonable prices over the next few months
I had to read some strange article on it before I fully understood ( hackernoon.com/oh-…1f4 ). Doesn't make any sense to me why someone would try & make one of those setups in their own home, it looks like you need a factory full of them to get a decent return, maybe it was different in the past though? The whole thing seems a bit crazy to me!
I was putting maintained price down to price gouging I must admit.
qz.com/105…es/
It's literally a 21st century gold rush. Also cryptocurrency and the blockchains that power them are the single biggest innovation since the dawn of the Internet. They will change the world.
It wouldn't be quite so bad if cryptocurrency were using all that power to do maths that moves knowledge forwards in some way but progressively solving some useful mathematical problems, but they don't, they're just hard maths for the sake of it. Not cool! (Literally!)
Super rigs only become necessary once it becomes harder to mine the coins.
You need a factory full of miners with in a preferably cool location with extremely low electricity costs (Iceland, China etc) in order for bitcoin mining to be profitable these days
The coins I listed above can all be mined by hobbyists with graphics cards, and AMD are much more preferable to Nvidia which mine cryptocurrency less effectively.
Our time will come soon...
And how much of a bottleneck will my processor be (if at all) for latest games at 1080p? i5 750 2.67 ghz ?
Thanks for your help :smile:
Don't know the answer to your last question though