Heat/Noise/Wear/Interference come to mind as reasons not to do it when you can just direct invest instead.
I wonder if there is a demand for used 7950's and what that price is... I'm going to look into it. I got the card for ~$200 a month ago - I wouldn't mind selling it and just getting whatever the NVIDIA equivalent is and pocket the rest.
Does anyone know if there would be a best place to post it for sale ... "litecoin miners hardware for sale.com " ?
Well 6 280x's spread across two mining rigs can make a substantial income at current prices. ~$1200 a month after energy costs when factoring 1800watts at 10-15cents per kwh. Easy to see why there is demand for the card. Beyond that there's the constant threat of litecoin finding a way to get to $100.
I keep thinking the floor has to fall out, but thought the same thing with bit coins so i'm not sure when I'll get to grab a 280x to toss in one of my rigs, the MSi version looks best.
Just can't pull myself towards nVidia yet because I don't view the run up in prices as making nVidia cards more attractive in terms of price/performance I just view it as making everything in the $300+ market as lousy price/performance.
I agree with this. Right now neither of them is a good value for gamers.
Well 6 280x's spread across two mining rigs can make a substantial income at current prices. ~$1200 a month after energy costs when factoring 1800watts at 10-15cents per kwh. Easy to see why there is demand for the card. Beyond that there's the constant threat of litecoin finding a way to get to $100.
I keep thinking the floor has to fall out, but thought the same thing with bit coins… so i'm not sure when I'll get to grab a 280x to toss in one of my rigs, the MSi version looks best.
Just can't pull myself towards nVidia yet because I don't view the run up in prices as making nVidia cards more attractive in terms of price/performance I just view it as making everything in the $300+ market as lousy price/performance.
But difficulty has been increasing by over 100% a month recently. So $1200 the first month, $600 the 2nd (and that's assuming that prices remain at these currently lofty levels). Very timing sensitive. And good luck trying to dump your now chronically oversupplied GPU in a slow (post-Christmas) market.
Not disparaging mining though, but consider reality here.
People have been saying this same thing for years now. I say if someone's interested, jump in. It's not like you need to put up your life savings. A couple of grand and you could make heaps. If not, how much are you really going to lose dumping them?
In that case, you might just as well buy the coins. (This has been discussed ad infinitum on another thread, so I won't go there). It's the people that are sinking in mining rigs that cost the same as a car, without regarding difficulty that I'm worried about.
Good point. I want to get in on the mining fun as a casual 1 card miner.Some people also find mining to be fun, so that is a factor if people are choosing AMD cards over Nvidia cards.
Some people also find mining to be fun, so that is a factor if people are choosing AMD cards over Nvidia cards.
Looking at a GTX770 OC for $280 after tax/discount. Can't seem to pull the trigger as a stock 280x is supposed to be better in Battlefield...
Not like the 770 doesn't perform well though. It doesn't have any noticeable issues in BF4 compared to the 280X after the last few driver updates/patches. The 280X is priced way above it's value atm unless you are a litecoin miner.
Some people also find mining to be fun, so that is a factor if people are choosing AMD cards over Nvidia cards.
What's the chances of the 770 lasting me a few years? I've had my 5870 for about 4 years now, still runs pretty good on medium settings for new games.
This is where I slip in. I don't want to setup, nor can I, a dedicated mining room. Just want to leverage a GPU purchase with mining.
Best way I see is to have a mobo with support for 2 GPU's and mine on one 24/7 and use the other for gaming mining split.
Mining is all about consistency. Using one card for mining gaming,.. granted if you like to game and game a lot, isn't going to net much. But going two cards, identical, lets you mine 24/7 on one and then run dual cards at anytime as well if mining doesn't pan out.
280x's are just absurd right now, nearly impossible to find even with the ridiculous pricing.
Here's the thing though: both AMD and Nvidia cards can game as well as mine. Prices there right now (for both companies) are dictated by mining performance, not gaming performance. It's just your personal assessment of which is more important to you, right now as well as in the lifetime of the card.
Maybe interference with your life, like having to reboot them when they crash or power goes out or switching from gaming to mining, or being careful to not turn on microwaves, hair dryers on High, etc. on the same circuit as a rig, something harder to do if you have an S.O. and/or kids.
Balla was the one claiming interference, I'm just guessing what he might have been thinking based on my experiences, one of which was switching from gaming to mining and such which you ignored.
Nobody knows to be honest. 4GB of VRAM seems pretty legit to me though. Should be good for at least 3-4 years, depending on your settings.