Re: Are the Nvidia 3000 Series the BEST GPUs for MINING EVER?! RTX 3070, 3080, 3090
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?
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?
Tough call.
I could be the market for them.
we know market is hot 🥵.
How long does it stay hot?
neither of us knows.
I have a space available for 400 amps of 240 = around 80kwatts .
So do I go slow not rush to get gear from a guy like you.
Hope crash and burn. Hope for 3060ti or 3080.
or be aggressive and grab 100 cards from a guy like you.
Descisions.
I too have space for over 80kw; I've commited to a 2 year lease at my space just starting in November; so I need some volume of cards to make the rent worth it and pay for overhead etc. On one hand I would hate to find myself with a trove of used offbranded RX580's that plummet 50% in value when 30xx stock loosens up; but would also hate to find myself with an empty office for months while ETH continues to sky-rocket.
As you say nobody knows; I feel like an older person burned from the Great Depression of 2018 hiding money in the walls and under the mattress
I just know that 580's will have to be dumped sooner or later so I figured I'd hedge by starting now, with the culmination of the bull market and new generation tech.