So many cheap used GPUs! Used RX 580 and GTX 1060 at under $100?!
So. Is mining dying now?
1060s and 580s under $100? Can you link this to me? I would BUY these without thinking twice.
What you've got to understand that people are panicking but they are doing it for the wrong reasons. People are selling because their DAILY income crashed. However, they fail to see that mining is not about your DAILY profit. It's a long term game that requires patience, research, and timing. You can profit by mining shitcoins then sell during pumps or you can mine the most profitable coin, sell, then buy potential winner coins. Noobs panic and sell. Be smarter and hodl.
The GPU's price in my place still keep the same, even some 1070 Ti getting more expensive. For me, I will not surging to buy Asic miner E3, as Bitmain srewed us on monero mining, if Ethereum has fork, investing into E3 asic miner may turn to a bad deal. And the weird thing is in Chinese site of Bitmain, they also sold gpu miner just by the time they announced about this E3, whatever it seems like the very first batch of E3 already sold out, regardless, the E3 miner is likely to be popular. Hope that Ethereum development team will have some action:
https://github.com/ethereum/EIPs/issues/958