>memecoin miners How much fucking longer do I have to wait

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>>61046688
I don't care as long as it helps amd grow stronk!

>>61046688
6 to 12 months minimum

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>>61046699
They need to ramp up production to satisfy these memers

Depends on how good Vega's price/performance ratio will be.

>>61046688
If you weren't a dumb poorfag, you'd have gotten in early, made enough money via mining to have bought yourself a 7900X and SLI Titan Xps by now. Instead you're sitting here complaining about not being able to buy that RX 570 to pair with your 2500K.

Really makes one think.

LOOK AT THIS FUCKING SHIT

75-150% MARK UP

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>>61046789
forgot pic

The market has spoken. It's decided GPUs are to be used for mining, not for children's toys.

>>>/v/

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>>61046826
>memecoining will be a viable thing
HAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

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>>61046855
STAY MALE COINLET

>>61046913
>bitcoin mining is still effective
keep lying to yourself, the market is still open but the gold rush is gone
the meme coin miners have just moved to a new base to hope the market doesn't crash on this one

>>61046913
Someone redpill me on bitcoin. What people use it apart from buying drugs and other illegal shit on the internet? The price looks like just a bubble if people are just mining because its expensive, making it even more expensive but im dumb so maybe i dont see something important in bitcoin.

>>61046826
Yeah I remember being a kid and having thousands of dollars and a job and the expertise to assemble my own computer and a credit card to order it.

Yeah man being a kid was great. Now I just eat my own cum and go LARP on /g/ you know what it's like right my man?

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>memecoiners think this is sustainable

>>61046826
xD epic my DOOD you showed THAT GUY EPIC WIN MY /G/ENT!

>>61046958
You don't need to be redpilled. The beauty about it is that people are naturally finding uses for it. So if you don't know why you need it right now, you don't need to use it.

>>61046996
Child spotted

>>61046958
You can by normal stuff too. It hasn't even entered the bubble yet. It will be in a bubble when a bunch of normalfags start using it. Most people like you don't understand cryptocurrency is the future so the price has a ton of room to grow.

>>61046996
>trying this hard to come across as only being ironically triggered yet failing so hard

>>61047018
>>61047056
But where people are using this currency and why this and not dollars/euro. What makes it so great that it makes it the future. I'm not even sarcastic im just that uninformed, the only plus of the cryptocurrency i see is being anonymous to certain degree but most people dont care about that at all, so what is the catch?

>>61046688
Why don't GPU manufacturers, like, stop selling GPUs and start mining coins themselves?

>>61046947
dumbo, it just means that as long as BTC goes, crypto will also be viable

BTC gpumining stopped being effective while you were still in diapers btw

>>61046826
/g/ is for video /g/ames, faggot.

>>61046688
>How much fucking longe

as long as you realize that you don't do anything to justify the latest cards.

>>61047123
Because mining for coin is a waste of time and power for them, and they can make significantly more money selling their products to eager children who think they can afford a new card by using a previous one to mine for memecoins but fail to realize their power bill just tripled.

>>61047146
>this is viable/sustainable
http://imgur.com/J7rqksF

>>61047111
paper money is dying, electronic payment is the future, everyone will have their implanted chips and pay electronically since birth.

crypto currency is just the richfags securing their costra nostra families and pyramid scheme bank systems from being threatend by their newly designed future where they have total control.

ie they use these untraceable currency to sell humans/weapons, or hire hitmen or hobos to do their dirty work.

Tought. You ain't the market for new cards anymore. Miners are. Trumpt wins again.

>>61047184
>as long as you realize that you don't do anything to justify the latest cards.
? the latest cards don't even run games from 2015 at 1080p 60fps at high settings majority of the time..
their performance has decreased to the point where manufacturers are just releasing rebrands, while they rise the price. consumerist scamming shitbags. after seeing how little nvidya had to pay for their false advert and even worse perf:price ratios they figured another lawsuit is still more profitable than selling something worth buying at a reasonable pricepoint.

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>>61046688
>angry nocoiners

>>61047319
>the latest cards don't even run games from 2015 at 1080p 60fps at high settings majority of the time..

So it turns out that you are just all about MUH VIDYA

>>>/v/ fuck off

When the bubble bursts there will be a lot of cheap used GPUs up for grabs. So don't be worried.

>>61046688
It will probably take a while anon. I estimate 6 to 12 months.

The problem is modern GPUs have such hashrates that they are viable for turning profit again.

And there are new memecoins everyday extending the productive life of these cards.

>>61047353
>buying cards that have been at 100%+ load for 6+ months

>>61047350
so it turns out you think these gpus are worth anything other than being console replacements.

too slow to do any proffessional work
just enough aids to do the globalists plan though, better rape your electric bill every month for it though!

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>>61046965 watch max keiser on rt,he's been proven right on a few things and bitcoin is one.

>>61047391
>100%+ load
top kek, wtf am i reading..
miners undervolt and almost always underclock.

>>61047422
For what reason? From my understanding that would just reduce mining performance

>>61047353
they'll be raped tho

>>61047445
stability, heat output, power draw
polaris especially has an insane amount of powerdraw:performance ratios when underclocking

>>61046688
I guess you'll have to jump off the AMD bandwagon if you just cannot wait any longer. Jumping to nVidia's, I mean.
Feel bad for you, OP.

Can someone explain what in coin mining caused these cards to be so expensive?

>>61047780
>omg cards mining so good
>buy all cards
>few cards available on market
>prices rise because quantity is scarce

>>61046996
You never mined me a trip code and now I have this shitty code

>>61046958
You need to look beyond bitcoin.
>golem
>aragon
>wings DAO
>tenX
>bancor
>Iconomi

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>tfw you bought an rx480 before the boom, will sell it for $500 this weekend, slap your 7950 back in while you wait for Vega, buy a Vega or gtx1080ti, then sell the 7950 and basically get a massive upgrade for free while still making $100-200.

Feels fucking good mange.

>>61049750
>used 480 for $500

i would be impressed if someone bought that

>wanted buy 6 RX 580s for mining
>I came to late
>feelsbadman.jpg

>>61049957
They go for $450-500 on eBay right now.

>>61046855
Jokes on you I'm up $30k.

>>61046688
https://www.reddit.com/r/IAmA/comments/6iw0b6/iama_high_school_drop_out_that_had_a_million/

http://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html

I was lucky to get the Asus GTX1060 6GB I wanted for my white build shortly before it was sold out. I paid 280 Euros for it. Now when I look at the store the card is sold out and the 3GB version of the card costs 270 Euros already.

AMD and Nvidia should make mining cards and consumer cards which are absolutely shit for mining if that is possible.

>>61046784
>making sizeable money with mining
Lemme tell you how I know you're either a poorfag or a 3rd worlder.

>>61048402
no i mean i get the cards aren't available, but why the sudden surge in popularity again? like did people forget for 4 years that mining was a thing or what

>>61047422
the cards still run at 100% load while undervolted and underclocked retard

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Just ONCE I want a GPU maker to put out one version of a card that is purposely crippled for mining and one that is mining compatible for 3x the price. I want these coinfucks to stop artificially inflating prices.

>>61047319
>their performance has decreased to the point where manufacturers are just releasing rebrands
then why are you so angry that you can't buy the latest rebrand if they're so shit you dumbfuck gamertard
>>>/v/

>>61052148
It's ethereum. It's the one coin now worth a significant amount like btc was, and it also can't be mined with asic units. So here we are.

Why are people using GPUs to mine again? Aren't FPGA's/ASICs substantially better for the money and power?

>>61052862
>implying these tech illiterates know how to set up a FPGA/ASIC to mine

>>61047319
>We've seen literally 30-40% gains in performance going from r9 300 series and gtx 900 series to the r9 400-500 series and gtx 1000 series
>Mid range cards can now play AAA titles at 60fps at Max settings 1080p
>These cards also happened to be release during the rise of a new cryptocurrency that can't be mined with asics.

Like fuck dude are you retarded? My r9 480 at stock clocks maxes out every game I've thrown at it at 1080p.

>>61052862
The way ethereum is set up it cannot be mined with asic units.

>not stock piling on rx 480s from diffrent variations then selling them for huge markup
Fucking normie

>>61046754
They only have so many silicon fabs, and it takes years to build more fabs, by which time, GPU mining might be dead.
The only reason nVidia is releasing mining SKU's of the 1060 is because they can't sell all of their GP106 chips and are converting some of their stock into mining cards.

>>61052876
Using an ASIC to mine is even easier to set up than GPU mining

>>61052650
>100%+
>+
>it goes over 100%
you didn't even realize why you're stupid, but hopefully now you do.

>>61052862
New currencies have emtpy hash pools. Until the hash pools start to fill up, it's worth it to GPU mine.

Only the really old currencies like BTC and LTC are saturated to the point where GPU mining is no longer cost effective.

Also, the Polaris architecture has an extremely good Hashes/Watt ratio, and is cost effective, where other GPU's are not.

>>61052684
>implying that's OP
kewl starry brah

>>61052894
>r9 480
and you're calling him retarded? LOL
i have a 7870 that runs everything maxed out at 1080p too.
doesn't mean it runs well.

>>61053081
I have an R9 380X, and it can't run EverSpace for shit.
Even on high (not ultra) 720p it's a stutterfest when there's loads of stuff on the screen.

>>61053119
but anon it runs, which is the point this dumbfucking faggot poojeet was trying to make

>>61053243
I wouldn't say it runs..
I could "run" my games on the IGP of my AM3 motherboard...

>>61053081
>7870
>Running things at Max settings 1080p 60fps
>Comparing it to an r9 480 in any conceivable way

Damn you're fucking retarded.

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>>61053081
>Having the reading comprehension of a 2nd grader
>Comparing a low-tier card from half a decade ago to a midrange card only a few months old

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>>61053278
the 7870 is about 70% as powerful as a 480x

Should I get a sapphire nitr0+ 580 8gb for $380 moosebucks?
Sold my 480 for $560 on ebay,

http://www.ncix.com/products/?sku=AS2222197486

>>61053395
70%....


BAAHAHAHAHAHAHAHAHAHAHAH

>>61053278
>implying 60fps was in any of the posts in this conversation
kys yourself to sleep tonight you delusional faggot.
it's RX 480, not r9 you fucking mongoloid.
P.S rx 480 can't even run rainbowsix siege at 60fps high settings, game was released 2015
kys yourself to sleep tonight, can't believe someone so stupid not only exists but spews their bile all over the internet for the world to see just how utterly dumbfoundingly stupid you fucking are

>>61053479
It's about right.

I was looking at upgrading today. Seems it's cheaper to get two 1050ti's instead of a 1060.

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Sorry op. I do feel bad for entry level gamers wanting 1060's and 480's / 580's or less. But part of the problem is AMD's lack of high end and AMD's lack of supply. Only in the last week have 1070's disappeared. There will be more in July along with mining specific 1060's and 470's that NORMIES will buy and be completely worthless.

>>61053662
more power hungry
less stable
inconsistant performance boost
more heat
microstuttering
games these days are fucking awful anyway, wait for a decent and well price gpu to finaly be fucking released, hopefully developers will take their heads out of their asses and release a game that's worth buying by the time that happens.

>>61053690
>muh gaymen

I just use it to power my 4k quad-monitor battle station.

>>61046688
buy from newegg

>Mining
>On a GPU

Did I just transport back to 2012?

>People spending $100 in power bills to get $50 in Etherium

Loving every laugh

Just sold my RX 580 for $580. I thought it wouldn't sell but listed it at that price for the hell of it. Phone wouldn't stop receiving texts. Some taxi driver showed up and bought the card $580 cash for someone else 2 hours after listing.

>>61053875
>people getting $50 in etherum while their parents pay the $100 power bill

ftfy

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>>61046688
No one knows. I fear that this will last for years though.

>>61053875
The thought process is that the etherium price will just keep rising while the electricity price is constant.

Of course... it can go down.

>>61050533
Actually, you can make a small fortune trading memecoins if your smart.

The money is there for the taking

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>>61054209
I said mining, not trading.

>>61049957
390's are going for 300-400

>>61054345
I really need to get into this.

>>61055605
Probably. Sad fact though is I was originally in smart money but the harddrive that had my btc wallet on it died and my backup flash drive was fucking corrupted. I think I had a couple hundred coins in it that I didn't bother selling off after the first bubble popped.

>>61055620
Hard drives can be recovered. It might take a few hundred dollars, but you can easily have someone transfer the platters into a new housing.

>>61055626
How can I trust that they won't skim over the recovered data and find the wallet? It's not encrypted.

>>61052862
I think asics are purpose built for one coin and by the time the chinks have designed and manufactured them the cointards have moved to another volatile memefuck currency to inflate then pull out as it crashes

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>>61046688
It'll officially die off around January/Feb. You'll see people letting go of their rigs around December.

So I'm guessing it'll start to have less of a demand around October.

The concept of making money just by letting your rig running amazes and scares me at the same time.

>>61055634
You're right, just throw the hard drive away.

The issue is moot anyway, you're obviously lying.

>>61055650
Whatever dude I just asked a question

>>61055659
Just pay someone to do it. If you actually have that many btc, I'm sure they won't mind you watching them while they do the procedure if you promise to give them an extra hundred or so.

>>61054379
how much for a 290x?

>>61055670
Alright then I'll see if I can find anybody that would.

After mining meme ends you can buy used one for really cheap, just wait until then.

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>>61056178
>buying a used GPU that's been running at max capacity 24/7/365.25 for years on end

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is Sia coin good to mine?

>>61056289
That's why you get them cheap.

>>61056289
This round of mining is different. It puts the memory controller at full load and uses vram instead. The gpu cores aren't being touched and the card are almost definitely undervolted to save power. Mining cards consumes only 60~80w depdending on the model.

>>61056327
That's weird since Nixon was the one who made the jews more money than anyone else in his crookery. By taking the dollar off the gold standard he made it so currency speculators were more powerful than governments.

>>61052670
Wouldn't expect the average /v/-goer to know anything about basic economics desu.

>>61056289
That's why you buy like 5 of them for $10 each. Once bitcoin crashes (again) and there's another wave of cryptocoin suicides, there will be a massive flood of GPUs.

>>61046699
It won't in the long run. It destroys their mind share with normies.

The damage will be long lasting.

>sold R9 290 two weeks before ETH rush when I'd gotten 2,5x price for it
>was too slow to buy RX 470/480 to replace it
>too late now
If I had bought that fucking RX card I'd try meme mining. I'd probably sudoku when it crashes so I kinda won by not participating?

>>61056426
Man, I wonder what effect the next crash will have.

Isn't there some bickering about some update to the system that would make it more usable, while the miners don't want it because they are idiots?

I hope it crashes to 20 bucks because of the salt and then rises exponentially because it has evolved into superior form.

>>61054345
>Buying ethmeme