Soaring gtx prices

[stickerbomb]

i went bizgram and saw quite a lot of 1070 and 1080. in stock. but yes, prices now is ridiculous. think for regular users and gamers it's best to wait for this mining craze to die down before thinking of a upgrade.

Most are reserved.
Some are held by stores to sell as part of bundled pc (like fuwell)

Sent from Google PIXEL XL using GAGT

 

[ondooy]

who wants some GPU ?

 

[Milo-Dino]

just curious... before this mining craze, how much was a regular 1070?

 

[QuantitativeNoob]

Cannot afford GTX 1080 coz only enough budget to get a GTX 1070.

Buy gtx1080 before out of stock..

When ethereum go to USD$500 I believe all 1080 will be sold out.

 

[jace88]

I know right? Like 12.50 per day. So marginal.

Once you factor in electricity cost, wear and tear, the 'opportunity cost' of you not being able to use your gaming PC (although if it was a dedicated rig then this is a bit moot but you'd still need to factor in 'space' cost), etc... surely it's not worth the hassle. Heck there's probably even noise cost and heat (requiring you to AC more?).

Maybe the soaring prices will help people justify 1080Ti instead.

 

[jace88]

if u have done it 10yrs back.

this post of urs wouldn't exist.

lol true it's all contextual... but at this point in time, I don't think the average person will really make much money out of this.

If I value my time at say $100/hr, and it'll take me at least a few hours to go out and buy the parts, set it all up, etc... when would I actually even breakeven once you factor in the other costs involved.

 

[hawthorne]

Wanted to hoot a 1070 for another build. Searched Lazada and qoo10 and seems like cannot find much 1070 cards. Din know it's due to miners

 

[Illusionist_85]

I know right? Like 12.50 per day. So marginal.

depends how u see it lo, if u farm those new crypto currency and keep the coin for another few months or yrs might increase 10 fold or 100 fold. till that day, see if u wanna en-cash or just accumulate

 

[_DeS__]

who wants some GPU ?

Looks like thailand

 

[ceecookie]

cryptocurrency are not backed by central bank or gold. The value won't be there for long term

 

[_DeS__]

cryptocurrency are not backed by central bank or gold. The value won't be there for long term

7 years ago they said the same thing about Bitcoin. Now you wished you bought $5 worth.

 

[hawthorne]

7 years ago they said the same thing about Bitcoin. Now you wished you bought $5 worth.

Hanor hanor. Last time my friend jio me go buy bitcoins. I din buy. Else now sure make a killing one

 

[Milo-Dino]

Hanor hanor. Last time my friend jio me go buy bitcoins. I din buy. Else now sure make a killing one

so your friends now are millionaire and billionaires?

 

[haylui]

so your friends now are millionaire and billionaires?

I guess sold all during first peak..aha

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[Milo-Dino]

Waiting for Straits times Sunday invest section to interview some young punk millionaires who huat thru cryptocurrency

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[hawthorne]

so your friends now are millionaire and billionaires?

He also never go buy

 

[jace88]

7 years ago they said the same thing about Bitcoin. Now you wished you bought $5 worth.

Still a speculative investment where you rely on others wanting to buy it from you as opposed to have any claim over any real assets. Not saying it won't go up, but it's 'value' is derived purely by speculation given for most people, there's no other reason to hold bitcoin/cryptocurrency.

 

[Milo-Dino]

the main problem is because it's unregulated that's why it can inflate so much.

and because it's unregulated that's why there's "demand". (possibly from terrorism funding and money laundering)

 

[jace88]

Thought I'd give it a go for fun after watching a Youtube video

It's been about six hours and I'm at $1.71 USD on my 1080Ti and 1060 (both are running simultaneously). It estimates a bit over $200 USD per month ($280 SGD?)... not bad, but haven't factored in electricity price yet!

 

[Krabs.]

a couple years back when some news outlet report on bitcoin farm , they said hongkong 9cent per kilowatt unit

SG is about 22cents