Personal computing discussed

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synthtel2
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 5:33 pm

Shobai wrote:
Surely that would help drive down values in the secondhand market; you'd think AMD and Nvidia would be all over it.

I'd think it would move values upwards, at least in the current environment. As is, buyers pretty much assume cards were loaded 24/7 for many months at a time. Legitimately lightly-used cards are probably around, but if yours is, good luck convincing a buyer of that. Even something as simple to point to as "it's spent X hours at speeds higher than idle" would do a lot to indicate the probable condition of a card, and if that number is low, it could probably command a fair bit more money than the used market is generally supporting at present.
 
whm1974
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 5:34 pm

Vhalidictes wrote:
Shobai wrote:
whm1974 wrote:
Pardon my spelling. Both words sound the same to me.


Ah, that's probably because they're palindromes.


It's a good thing that the forum is text-based so you can easily tell palindromes apart.

Yes it sucks to have hearing loss, plus I'm real bad at spelling.
 
Vhalidictes
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 5:40 pm

whm1974 wrote:
Vhalidictes wrote:
It's a good thing that the forum is text-based so you can easily tell palindromes apart.

Yes it sucks to have hearing loss, plus I'm real bad at spelling.


Ah, sorry to hear that :(
 
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 5:54 pm

Captain Ned wrote:
Shobai wrote:
[Ah, that's probably because they're palindromes.

Able was I, ere I saw Elba?
A man, a plan, a canal, Panama.

A slut nixes sex in Tulsa.
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 5:59 pm

Doc, Note: I Dissent. A Fast Never Prevents A Fatness. I Diet On Cod.
Do not meddle in the affairs of archers, for they are subtle and you won't hear them coming.
 
JustAnEngineer
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 6:29 pm

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Glorious
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 6:40 pm

yeah it's a homophone, not a palindrome...?
 
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 6:46 pm

It bothers me a little bit that "palindrome" is not a palindrome.
Nostalgia isn't what it used to be.
 
Glorious
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 7:15 pm

palinilap?
 
CuttinHobo
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 9:51 pm

just brew it! wrote:
It bothers me a little bit that "palindrome" is not a palindrome.


I've had the same thought - what a lost opportunity. :)
 
whm1974
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Re: Holy Mining Crash Batman

Fri Jul 21, 2017 10:17 pm

So when is the mining crash going to happen? I really like the crash happen much sooner then later so GPUs will go back to reasonable prices.
 
Shobai
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Re: Holy Mining Crash Batman

Sat Jul 22, 2017 1:14 am

Ah, then/than - another homophobe
 
whm1974
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Re: Holy Mining Crash Batman

Sat Jul 22, 2017 10:02 am

So is there anything that folks who are not miners can do to hasten or even start a mining crash? I really like to buy a 1070 without paying an arm and leg for it.
 
Duct Tape Dude
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Re: Holy Mining Crash Batman

Sat Jul 22, 2017 11:10 am

whm1974 wrote:
So is there anything that folks who are not miners can do to hasten or even start a mining crash? I really like to buy a 1070 without paying an arm and leg for it.

Find a vulnerability in Ethereum or Bitcoin and exploit it. https://medium.freecodecamp.org/a-hacke ... 5dc29e33ce
 
Shobai
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Re: Holy Mining Crash Batman

Tue Jul 25, 2017 3:30 am

Surely that's the same incident posted on the previous page?
 
derFunkenstein
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Re: Holy Mining Crash Batman

Tue Jul 25, 2017 2:12 pm

Glorious wrote:
yeah it's a homophone, not a palindrome...?

C'mon. This is Captain Ned we're talking about here. He knows.

Vhalidictes wrote:
whm1974 wrote:
Vhalidictes wrote:
It's a good thing that the forum is text-based so you can easily tell palindromes apart.

Yes it sucks to have hearing loss, plus I'm real bad at spelling.


Ah, sorry to hear that :(

But you didn't hear it. You read it. It's probably not irony that a guy is blaming his hearing on his bad spelling, though.
"And and if you start to bleed, stop wiping." -whm1974
 
southrncomfortjm
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 9:54 am

So I was travelling internationally with limited internet access for the past two weeks. When I left, the "mining crash" had started. I come back hoping to see cheaper GPUs, but I come back and it doesn't look like GPU prices have budged much at all.

What gives?! Did mining regain steam again, or are retailers just really slow to lower prices (I'm guessing the latter). I've also heard that Bitcoin was forked, so is that affecting stuff?
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 10:32 am

southrncomfortjm wrote:
So I was travelling internationally with limited internet access for the past two weeks. When I left, the "mining crash" had started. I come back hoping to see cheaper GPUs, but I come back and it doesn't look like GPU prices have budged much at all.

What gives?! Did mining regain steam again, or are retailers just really slow to lower prices (I'm guessing the latter). I've also heard that Bitcoin was forked, so is that affecting stuff?

Not sure anyone can answer that definitively, but retailers are in business to make maximum profit. Apparently they're either still moving units at those prices, or they're trying to string it out as long as possible.
 
Glorious
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 10:35 am

southrncomfortjm wrote:
I've also heard that Bitcoin was forked, so is that affecting stuff?


Doesn't affect GPUs, and it hasn't really dented the price of bitcoin either.
 
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 10:43 am

The main effect is probably on availability/pricing of cards on the used market. Depending on how big the glut of used cards gets, that may drag down the street price of new cards too.
Nostalgia isn't what it used to be.
 
ermo
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 11:26 am

"When?" and "How much will my next card be as a consequence?" just about sums up my interest in Etherium and its purported crash.
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southrncomfortjm
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 12:08 pm

Glorious wrote:
southrncomfortjm wrote:
I've also heard that Bitcoin was forked, so is that affecting stuff?


Doesn't affect GPUs, and it hasn't really dented the price of bitcoin either.


My point here was to ask whether that fork may have started another mining push. I don't know if the new coins are easier to mine with GPUs or whatnot.
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Glorious
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 12:26 pm

southrncomfortjm wrote:
My point here was to ask whether that fork may have started another mining push. I don't know if the new coins are easier to mine with GPUs or whatnot.


The bitcoin fork has the same PoW on both chains, which is totally unsuitable for anything other than ASIC mining at this point. GPUs and CPUs are utterly useless for SHA256(SHA256())

The new chain "Bitcoin Cash" has less difficulty now, yes, but nowhere NEAR the scale where anything other than current ASICs are relevant.
 
DragonDaddyBear
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 2:18 pm

Maybe with Vega coming out the miners will flood the market with used 580's when they upgrade.
 
freebird
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 2:35 pm

DragonDaddyBear wrote:
Maybe with Vega coming out the miners will flood the market with used 580's when they upgrade.


I've been reading rumors on several sites that an RX Vega driver update is suppose to make it the King of Ethereum mining...
https://www.google.com/search?q=rx+vega ... 8&oe=utf-8

Just pick your site that you like for this rumor...
 
southrncomfortjm
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 3:27 pm

freebird wrote:
DragonDaddyBear wrote:
Maybe with Vega coming out the miners will flood the market with used 580's when they upgrade.


I've been reading rumors on several sites that an RX Vega driver update is suppose to make it the King of Ethereum mining...
https://www.google.com/search?q=rx+vega ... 8&oe=utf-8

Just pick your site that you like for this rumor...


Well, I was hoping to buy a Vega and put my 480 into my HTPC for continued mining. My 480 makes about $50 a month after power costs, so it'll pay for itself in 3 more months. Here's hoping Vega is relatively available (impossible) and at MSRP (hahahahahahahaha).
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southrncomfortjm
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 3:37 pm

Glorious wrote:
southrncomfortjm wrote:
My point here was to ask whether that fork may have started another mining push. I don't know if the new coins are easier to mine with GPUs or whatnot.


The bitcoin fork has the same PoW on both chains, which is totally unsuitable for anything other than ASIC mining at this point. GPUs and CPUs are utterly useless for SHA256(SHA256())

The new chain "Bitcoin Cash" has less difficulty now, yes, but nowhere NEAR the scale where anything other than current ASICs are relevant.


Copy that. Looks like the best ASIC only generates about $160 a month in BTC, but costs over $2100, so that's a year before profit. Mining Eth and converting it to BTC when BTC drops in price seems like a better bet.
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Re: Holy Mining Crash Batman

Fri Aug 04, 2017 3:48 pm

southrncomfortjm wrote:
Copy that. Looks like the best ASIC only generates about $160 a month in BTC, but costs over $2100, so that's a year before profit. Mining Eth and converting it to BTC when BTC drops in price seems like a better bet.

It's only a better bet if you've got reason to believe that Eth won't drop even more than BTC.
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southrncomfortjm
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Re: Holy Mining Crash Batman

Sat Aug 05, 2017 9:09 am

just brew it! wrote:
southrncomfortjm wrote:
Copy that. Looks like the best ASIC only generates about $160 a month in BTC, but costs over $2100, so that's a year before profit. Mining Eth and converting it to BTC when BTC drops in price seems like a better bet.

It's only a better bet if you've got reason to believe that Eth won't drop even more than BTC.


Yeah, its all a gamble. BTC is up about 10% overnight, so time to convert come BTC into gift cards before it drops.
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southrncomfortjm
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Re: Holy Mining Crash Batman

Fri Aug 11, 2017 10:43 am

Well so much for that crash. BTC is now up to about $3560 (almost doubling in a few weeks) while Eth is sitting at $300.
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