m4a4
Posts: 3,809 +5,445
Then why did you mention you buying a card in 2-3 months if you were also not going to only mine with it, eh? Lol
Asus says demand for graphics cards used to mine crypto is disappearing
- Thread starter midian182
- Start date
Adhmuz
Posts: 2,343 +1,186
Let me guess, saw someone mention a nvidia product and something inside your head twitched forcing you to comment pointlessly to get attention to your meaningless crusade?
envirovore
Posts: 628 +1,186
Two years to pay off a 300 dollar GPU which you wouldn't even be able to resell for close to that cost after is not a return on investment.
Edit: eh, I suppose *technically* it is, but it's a pretty dumb way to go about it.
20 bucks a month...lol. you 'earned' 4 gallons of gasoline. Less after transaction fees to transfer to FIAT, which just shows how absolutely useless crypto is if you have to convert it to FIAT and eat a charge for that for anything anyway.
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My point exactly, thank you and yes, I forgot about charges for exchange. But with ETH dropping in value, while the hashrate also decreases due to algorithm difficulty, you can't even get 20 bucks monthly. So, depending on these variables, ROI could take forever.
m4a4
Posts: 3,809 +5,445
At least you edited in a thought-out response (as begrudgingly as it was). You know, I never said it was a great ROI (especially only stopping at 1 card), only that emmzo's claim that there was no ROI was false.
And then we're only looking at older, slower cards for those numbers. If someone actually wanted to mine, they would keep adding cards and those earning would go up pretty quickly (which is why mining has been so popular). And once a card has been paid off, those earning go to paying off the next card(s). Gotta look at the bigger picture...
envirovore
Posts: 628 +1,186
To put a little more perspective on my post. During winter months we use well over 20 bucks in power a day.
Old large houses take quite a lot to heat.
Squid Surprise
Posts: 5,596 +5,227
Yes... and my links are for now... NOW!!
You can get $24 a day NOW with a 2060... and you can buy one NOW for $350 (which is still its MSRP, even years after release)....
No, it's not extremely profitable - it's also a cheap card... but if you ALSO use it for gaming, and mine on the side... why not?
bexwhitt
Posts: 662 +397
28p per kWh in the UK is what I pay plus 41p per day standing charge (luckily I have solar plus batteries) the energy business is t*ts up ATM
Squid Surprise
Posts: 5,596 +5,227
That's about .35 euros... still far less than the poster I was replying to claimed
kiwigraeme
Posts: 1,999 +1,409
That's crazy - Just waiting a quote for uPVC windows , door and French door install - uPVC is more expensive in NZ - as not as common as aluminum double glazing - plus has to survive high UV damage - was initially doing rooms with ripping out lathe and plastering- insulating relining etc - final rooms will just get some company to pump fluff into wall cavities - replace down lights ( now LED ) with led ceiling lights - Throw another layer of insulation in roof space to existing , throw polythene sheets down under house to stop rising moisture - already insulation in floor frames .
Already have a heat ventilation exchanger to get fresh air - and lower humidity .
Will not get ROI - but wife loves it warm - cheaper just to retrofit kitchen big aluminium windows to double glazing ( they turn single to double in situ ) - bit of fluff/wool blown in walls - some honey cone curtains in from of French doors and lounge windows .
However why not
For me if I put on my down booties - fleece pants - merino long sleeve top . Possum/merino beanie and jersey - probably be fine down to near zero Celsius and not feel bulked up.
Possum/merino is much nicer to the skin than straight wool - great socks as well - maybe NZ only product that we export - Possums unlike Australia , USA are a pest and not endangered at all
If you know some old person who is poor living alone and can't afford heating .
Best gifts are down booties and electric throw, and an easy to wear merino/fleece beanie - The throw a very soft fleece electric blanket they can cover themselves with probably only 100 to 200w but they will be warmer than a 2kw bar heater in an uninsulated room - except when they are on the move
godrilla
Posts: 1,365 +893
Cheers, got my 110 proof bourbon ready!
My prediction might come true this Black Friday DIY market will make a glorious PC master race comeback!
Guys, its as simple as this.
When new GPU's come out that have a new larger hash rate, crypto skyrockets and GPU sales spike because of crypto miners causing card stocks to become lower and prices rise with demand etc and not to mention those dirtry scalpers.
After some time, crypto falls making it not as profitable, cards get sold second hand and prices drop because cards start to become more available as they are not being bought by miners.
Its a vicious cycle and it will happen again when the next generation of AMD and Nvidia cards get released.
Im still sporting my 1080 and also refuse to pay such stupid prices for a GPU.
When new GPU's come out that have a new larger hash rate, crypto skyrockets and GPU sales spike because of crypto miners causing card stocks to become lower and prices rise with demand etc and not to mention those dirtry scalpers.
After some time, crypto falls making it not as profitable, cards get sold second hand and prices drop because cards start to become more available as they are not being bought by miners.
Its a vicious cycle and it will happen again when the next generation of AMD and Nvidia cards get released.
Im still sporting my 1080 and also refuse to pay such stupid prices for a GPU.
"Gaming laptop" is a paradox anyway.
Sausagemeat
Posts: 1,597 +1,423
It’s not “loyalty”. It’s simply that Nvidia GPUs are objectively far superior than the dumpster fire that is Radeon. You have to be as dumb as a bag of rocks to choose a Radeon over a GeForce. Don’t mistake that for blind loyalty to Nvidia. Most of Nvidias customers recognise Nvidias bullshit but they dont have a choice.
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