Anyone else thinking of dumping hardware at these prices? I've got a modest farm of around 7-8 GH/s and once I saw RX 580's break $200 I started listing them on ebay. I've sold around 30-40 so far atleast between $200, 225, and 250. I see new ones sold by Best Buy for $279.99 on ebay so I could see getting up around there but I can't imagine going much higher. Not to mention my cards are all unbranded chinese "Ethecoin" manufactured.
I just figured at $200+ you can flip 2 x 580's into 1 x 3060Ti for the same hash at half the power consumption when stock comes available within the next few months (hopefully?). I was thinking I could sit on the cash for a few months but if it's any longer it is probably smarter to just keep the cards with ROI currently at 6-7 months. Any one else got opinions on selling RX 580 8GB's at $225-250+ and or predictions on when RTX 30xx series stock will lighten up?
That's a decent farm you've got! How many GPUs? What's your ETH payout per week?
I have 1.4 GH/s and my payout last week was around .642 ETH.
You might have to wait a while to get replacement GPU cards. And how much longer can you mine ETH?
I am also tempted to get rid of my cards but they are heating the house. I don't want to wait too long though because GPU stock could be replenished and then used prices will drop accordingly.
I have a few questions:
1. Did you reflash the RX580 cards to stock when you sold them?
2. Which shipping carrier do you use?
3. Are you advertising the GPUs as being used for mining?
4. Are you listing them in bulk? Example: 20 available?
5. How much is Ebay getting as commission?
6. Any dishonest buyers claiming the cards are not working? I heard that EBAY always sides with the customer.
I might try Facebook Marketplace instead.
Let me know.
Thanks!