Genoil is saying 24Mh for the 1080 which is frankly terrible but not surprising given how the 980 Ti performed.
https://bitcointalk.org/index.php?topic=1464999.msg14891671#msg14891671
Looks like we'll be sticking to Radeons. He also made a comment that the new Radeon's will likely not be anything special at mining due to narrow bus etc.
Fury Nano looking like the card to beat, we just need it to drop price hehe.
Damn, that's not any better than a 980Ti. That means after reselling the TW:Warhammer, it may be possible to buy almost 3x R9 390s for the price of a single GTX1080. If none of the newer cards can mine as well as the fire sale 390s, it could mean that 390 itself may maintain a lot of its resale value in 6-8 months down the line. This is a win-win for AMD since then they'll have no trouble clearing R9 390/390X cards.
So why would I want to mine Eth? What benefit is there to it as a currency over bitcoin? I mean I realize that it has value now, but what is that value based on? Why spend the time, money on mining it when it could just lose all value right after I've mined it (like many have in the past ).
It was already explained in the thread earlier but I'll break it down one more time.
Usage Case 1: need a GPU upgrade, buys new GPU for games. GPU drops in value, never makes $. Have to resell the GPU later on or use it until it's irrelevant. This is the traditional method of PC hardware upgrades.
Usage Case 2: need a GPU upgrade, buys a new GPU for games + mines when not gaming (mining = bonus $). Looks at mining as a way to subsidize the GPU/CPU/mobo upgrades, etc. or $ saved towards a future GPU upgrade in 2017-2019.
In both cases, the person spends $ for a new GPU upgrade (sunk cost). If mining fails, you still have the GPU you wanted and lose nothing since it's assumed you wanted/needed a new GPU upgrade in the first place. With Usage Case 2, as long as profitable mining exists, it makes no sense not to mine.
Usage Case 3: User does not need a GPU upgrade at all. This Usage Case 3 falls into 2 scenarios:
Scenario 1: spends $1000+ on new GPUs + 1000-1300W PSU, starts mining, mining loses value, he is pissed. He is even more pissed he has to sell all this hardware he never needed. Maybe never sold any used PC parts before, making him more stressed.
Scenario 2: spends $1000+ on new GPUs + 1000-1300W PSU, starts mining, mining makes $, resells the hardware later on, profits, he is happy. He took a risk and got rewarded. Fair.
Usage Cases 1&2 apply to a lot of people buying new GPUs starting in June. Usage Case 3 is person who is willing to take risks or looks at mining as a hobby. Many on here do not actively promote Usage Case 3 (i.e., 5-6 GPUs per mobo, riser cables, etc.), but instead we advocate Usage Case 2 over Usage Case 1. If someone on here chooses Usage Case 3, it's entirely on them since it's assumed then the person has calculated the math and assessed the risks.