Crypto ruining video cards

Does it affect weaker cards? Like 1050 for example

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>>382998882
Hwat??? Limit to 2??

3 cards 10k??

We just have to wait, eventually it won't be profitable anymore.

>>382998996
1050ti still seems to be around $150/$160 so not really. The cards most affected are 1060, 480, 580, and 1070.

>>382998996
The 1050 was priced around 150 I believe, they were the Zotec/EVGA cards though. They aren't as profitable because they don't produce a good energy to performance ratio.

>tfw upgraded my gpu just in time right before the price hike
>but didn't upgrade early enough to avoid the ram price hike and gonna get jewed hard anyway

there is no god

>>382999324
Shits going to get worse before it gets better.
>SAN FRANCISCO — Suspension of production at a Taiwanese DRAM fab owned by Micron Technology will further disrupt an already tight global DRAM supply situation and lead to price increases, according to a market watcher.

>Micron (Boise, Idaho) suspended operation of Micron Technology Taiwan's Fab 2 in Taiwan's Taoyuan City July 1 due to a malfunctioning nitrogen gas dispensing system, which led to the contamination of wafers and equipment. DRAMeXchange, a market research firm which tracks memory pricing, said it estimates that Inotera suffered a production capacity loss of about 60,000 wafer starts per month.

>DRAMeXchange estimates that the disruption will cut about 5.5 percent of the world's global DRAM capacity in July
http://www.eetimes.com/document.asp?doc_id=1331980

>>382999324

Feels good I avoided all this bullshit with a 200$ Fury Nitro

>>382998882
>mfw I don't know if I should sell my 480 for $400 or not

I'd have to replace it with a 1050 Ti so I'd only have $250 left to spend on other shit. I'm NEET so I would have plenty of time to get both a PS3 w/ e3 flasher to hack and a New 3DS to hack and increase my backlog exponentially.

Not big into economics but why would any store do this?

>>383000018
Profit

>>382998882
>10 bucks
Holy shit that's a steal

>>382999153
>>382999156
Ah well that's good to hear since i will get a 1050ti next month, i didn't play demanding games that much so i guess its a good deal

>>382999651
>OOPSIE!!! I accidentally the whole production, goy, gonna have to keep rising the prices, sorry :^(!
Why the FUCK is this allowed?

>>383000104
I doubt anyone's gonna buy them at that price, wouldn't it be more profitable to raise price a bit instead of 100 times

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>>382998882
>Another fucking economic bubble
man, that shitshow when they all burst at the same time will be great

>>383000018
Ethereum values went up, certain AMD cards are great for mining it, all the cryptoshits buy all the AMD GPUs, AMD cards are in high demand but very low supply, now their prices skyrocket and even used RX 480's are going for $400 - $450.

>>383000018
Scalpers buying to resell later at a higher price, or even creating an artificial scarcity
The store also doesn't want to have products constantly out of stock, it drives customers away

If limit is 2 then why put 3+ units bullshit there.

>>383000140
>american education

>>383000250
>>383000361
It's probably some legislation about refusing service, that way they are not technically refusing to sell these amounts

>>383000165
The 1050ti can play literally everything at 1080p on ultra settings, maybe drop one or two settings to high at most and go easy on AA.

I think this is a good thing though? The devs finally try to optimized their games for weaker gpu i guess?

Retards in this thread not seeeing the opportunity to make money and get rich

>That feel when computer is getting up there in age and will have to get a new one within a couple of years

Surely they'll drop back down right

>>383000447
The moment shit gets this popular, you're not getting crazy rich. If you started doing this like 1-2 years ago you had a chance, now you don't

in 1-2 years the market will be over flooded with these cards when these idiots will try to get some money back

>>383000460
Or you can get into crypto and make enough money to build a CPU

>>383000460
>Surely they'll drop back down right
No, but on the bright side, the 1070 is a meme card and you don't need it.

>>383000447
the fact that we're even seeing a spike means it's already too late

>>383000575
That means more adopters and more money idiot

>>383000414
Yeah seems a pretty good card for me, i have 650ti but that card doesn't do really good anymore so i guess jumping into 1050ti is a nice boost

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Glad I bought my 1050 ti some months ago.
I'm sure it will get fucking scalped to death once mining faggots run out of other cards to buy

>>383000621
Think of a society where fiat collapses and crypto is the main currency integrating the internet with society

When was the last time currency got completelychanged I cannot

There is entire industries not connected to crypto and you have the chance to make millions integratingthat in society

Why are you wasting that opportunity

>>382998882
Holy fucking shit dude

>>383000912
Not going to happen you lolbertarian.

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>earlier this year
>DON'T BUY A 1050 TI! JUST GET A 470!

Now that 470/570 cards don't exist anymore, is 1050 Ti again the budget king card?

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>>382998882
Tell me about it, my 11 year old PC abruptly died like a week ago when the processor shit the bed with no easy options to replace it I'd have to build a whole new system. But when I went to upgrade all the mid tier cards were either sold out or $600-800.

I ended up getting a 1080ti, which was basically the same price as a 1070 right now.

>>383001251
It's like the old 750ti card that was usually recommended as a budget bargain 2-3 years ago.

>>382998882
I read difficulty will increase soon, this should lower the prices a fair bit.

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>>383001302
>1080 Ti
>1080p monitor
should have gotten a 4k monitor instead of a 1TB SSD like a retard

>>383001170
i can link you a crypto discord right now saying liberals are the devil.The point of crypto is to get away from bad govt bad ideals. Dont you think germans should be into crypto.
Its better then rioting on the streets. Use your fucking brain

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>>383001545
4k is a meme.
1440p is the perfect resolution, and even 1080p is perfectly fine.
A 1080 Ti only running 1080p will be future proof for many years.

What exactly happened?
I thought it wasn't worth the electricity cost it'd take to run it.

>>383000912
So you're talking about scalping GPUs to miners, mining, or just buying crypto?

>>383001740
For TVs maybe, but for computer monitors, 4K is most definitely not a meme.

>>382998882

>tfw my 660 ti broke just a few months back
>mfw upgrading to a 1080 and upgraded the rest of the PC too while I was at it
>managed to get the last of the Skylake CPU's too so I can still run W7 on the best chip that supports it
>mfw the 1080 was reasonably cheap, less than that 1070 in OP's pic

Holy fuck I picked literally the best fucking time to upgrade.

>>383001854
There are other crypto besides buttcoin rising in value, which are more suited to GPU mining
Probably still isn't profitable for the dude running it off his game PC, specially with prices like this

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>Gamers getting upset at other hobby leading to price gouging
>ignoring the effect "gaming" market has had on other products
Ever consider why CPUs cost so much?
It's because they can gouge gamers for cash
The difference with bit miners?
They have even more cash to gouge

>>383001545
It actually is 4k, it even says HDMI4K60 right there, I'm just running it in 1080/60 when I'm not in games.

4k is just a pain in the ass most of the time, makes shit hard to read unless you want to fuck with text scaling which not every application deals with well. I only crank it up to 4k when I'm playing games but even then the benefits of 4k are actually kinda minimal.

I was planning on upgrading this month from my 770 too.

Are there any gtx cards that are an improvement for me that aren't being scalped to obscenity?

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>>382998882
>Microcenter
Of course a noname literally who retailer will up the prices to make a profit retard, just order your shit from the internet like any sensible person

>>383001857
Wow you're dense. Not the guy you're responding to by the way. Just a lurker who feels the need to tell you to stop thinking small time.

So is now an amazing time to sell my sapphire r290 tri-x?

>>383001302

>Kaby Lake
>Windows 7

How did you get W7 working on a Kaby Lake processor? Or you just don't care that your CPU wont work properly.

>>383002132
The CPUs gamers buy are some of the cheapest on the market. CPUs for actual work are much more expensive even before you get into workstation/enterprise or server CPUs. They're "expensive" because up until Ryzen AMD wasn't able to provide competition.

>>383002260
Microcenter is cheaper than internet most of the time.

how much would you need to spend on a mining setup for it to be even remotely profitable?
ballpark

>>383002481
don't bother

Free Market will fix it

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>>383002481
You'll have to compete with these chinks

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>>383002260
So where do you normally order your cards from?

>>383002643
yeah that's what i was afraid of
thanks

>>383002371
Short answer is I dual boot, but there are guides to getting Windows 7 to work with Kaby Lake if you want to spend the time, just look it up.

>>383002260
>Microcenter
>Literally who no name retailer
It's literally the best store in USA for computer parts.

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>>383002661
>836 dollars
Holy shit anon your country is cucked
Even in my inflated europoor economy the most expensive 1070 is only 730 euros

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>>382998882
>People are making an actual living off of buying these cards
>/v/tards and maste/r/acers crying that they can't play their favourite video games

>>383002661
At that price why wouldn't someone just buy a 1080ti?

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The RAM I bought from newegg 8 years ago is the same price today as it was back then because of smartphones. This is just an extension of "gamers" being left in the dust when there's a demand elsewhere.
At least there's no graphically intense games I would actually play.

>>383002810
>buying from newegg

holy shit, do you enjoy getting ripped off or something?

>>383002334
Someone either answer my question or let me know if you'd buy it if I put it on ebay real quick

>>383002773
Is this bait because those are equivalent sums of money

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>>383002780
Crypto-currencies are merely a trend
I'm happy knowing someone on this site is going to hop on board right before the fall

>>383002790
For playing games? No reason not to get a 1080ti for that price. For mining? 1080ti is less performance per watt than 1070.

>>383002643
Yea because the only crypto is bitcoins :-):-):-):-):-):-)

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>>383002930
836 dollars is like .001 euros dode
Your money is worthless

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>all those 1070s that will get dumped on the market after dedicated cards show up

>>382998996
I bought a 1060 6gb when it came out and now it's about $100 more than it was then.

>middle finger to scalper garbage

good

My 970 will still be good for a couple years

feelsgood

>>383003113
fug

>>383003126
>buying used hardware

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>>382998882
>cryptokikes hiking GPU prices
>"smart"phone cancer hiking RAM prices

>>382998882
>3+ units
>limit 2 units
What did they mean by this?

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>>383003126
>buying refurbed gpus

>have old 570
>start thinking about upgrading

How long will I have to wait?

>>383002481
Basically one GTX 1070 running at 100% load 24/7 is going to make you about $1.75 a day minus the cost of electricity. It's only really profitable if you live in a cold and dry climate so you can get free cooling with really cheap electricity nearby.

>>383003126
>buying used hardware
>buying GPUs used for fucking mining

jesus christ nig

why do people care about meme coins

a fucking /biz/ rumor killed ETH lol

>t-to the moon

retards running their pc 24/7 for like 10 cents in unusable currency

>>383003293
just buy a 1050 ti you'll shit yourself for not jumping sooner

best card for the price atm

>>383003293
last year

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>>383003126
Why are you so dense, anon?
There is zero reason to buy mining oriented cards when some dumb gamer will buy your old cards.

>>383002253
Same question here.

>>383003328
It's just the modern day incarnation of the classic pyramid scheme.

what should i upgrade to if all i wanna do is play vidya games

i got a 960 right now

>>383003436
Don't upgrade

>>382998882
What will the cryptotards do when countries start taxing that shit?

FUCK. I was gonna build my PC next week. Am I screwed?

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>>383003335
thanks bby

>Feels like it's time for a new PC, let's get shopping
>Look up GPU prices online
Nevermind.

>>383003159
Enjoy your 3.5GB/4GB of memory

>>383003468
is it that good

i got this card about 2~ years ago

>>383003436
960 is fine for most games, there's not a great incentive for you to upgrade yet. Not unless your card is breaking.

>>383003614
No, but if you buy anything worth buying right now you're gonna get ripped off.

>>383003605
I play on 1080p so I will
Nothing even uses more than 3gigs unless you want 1440p

>>383003614
honestly you're probably good for another 1.5-2 years, imo

>>383003540
Only if you were planning on buying mid tier graphics cards.

Cryptominers don't buy high end cards since they're energy inefficient at full load and they don't buy low end cards because again they're inefficient per watt.

>>383003651
oh ok

i was thinking about buying second-hand. is it any better or will i still get jewed

>>382998882
>retard here
isnt mining a "processing" thing?
why do they need gpus and not cpus?

>>383003540
>FUCK. I was gonna build my PC next week. Am I screwed?
Should have built one last year man, right after the 10xx series came out

>>383003729
Because the specific operations needed for mining can be performed best on GPUs

>>383003790
oke :)

>>383003729
Hey retard, educate yourself to be not a retard.

>>383003729
https://en.bitcoin.it/wiki/Why_a_GPU_mines_faster_than_a_CPU

>>383003729
CPUs are more general purpose and can perform a variety of complex operations.

GPUs are specifically designed to do very large quantities of simple maths very quickly which is exactly what you want if you're cyptomining.

>>382998882
fucking googel and there fucking googel cars and drving ai.

fucking bitcoin niggers.

>suddenly my R9 280x is worth 450 bones
>old Gigabyte 6670 is worth 300

The fuck is this bizzaro shit? Etherium? Invisible pretend currency did this? Please say the bottom will drop out on this insanity at some point.

>>383003976
What the fuck is a "googel"

>>383003976
i bet you were up all night trying to write that post huh buddy

Does this mean I can sell my 980 for like $400?

>>383004112
>old Gigabyte 6670 is worth 300
Wait, how?
Local prices for old HD6950s are around €50,-

>>383004112
cryptocurrencies have been going strong for like 5 years now man, they aren't going away any time soon.

>>383004331
It's the perfect time to jump ship from pc gaming, yes.

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>bought a 480 two months before 580 released
>mad at myself for not waiting for 580
>check prices today

whoooweee

>>383003937
Isn't it that cpus are good at lots of simple math, but gpus are good at floating point operations which are somehow relevant to minan

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>>383004432
You and me both.
The red devil 480's fans rarely ever turn on and when they do it's roughly 27% usage.

Quiet build a best

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>>383004390
No fucking idea. The Asus 6670 is worth half as much right now.

Point is, I bought my GB new for like 70 dollars years ago. I'm literally stunned.

>tfw still running a r9 280
Seems like this old girl will have to do for a little while longer
At least it's overclocked

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>was planning to upgrade and build a new system in the first half of this year because it's about fucking time
>buttcoin memers ruin everything

oh great

>>383004724
What site is that?

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>>383003126
>buying cards that have been on non-stop full stress 24/7 for months

>>383005651
That would be amazon, anon.

>>382998882
Should I wait with building my PC for now?
How long if I do?

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>>383005725

>>383005785
It's just a matter of gpu, anon.
Build one anyway if your cpu is old as all fuck.
sorry for your situation if you only play games on a computer

>>383001550
Crypto is about being able to buy illegal shit and avoiding taxes.

>>383005967
yea avoid coinbase man its connected to the fbi

>>383004724
I can buy an entire pre-built system with that card in it for 399 € on amazon.

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>>383006042
>tfw i don't live or do business in in the US so idgaf about any americain intelligence agency messing with my internet

>>383006101
That anon doesn't know how amazon works, let him be

>>383005946
I'm playing on PS3 & PS4 since 2010.
It will be my first gaming PC since when.
So I have 2 options: keep playing of consoles or build gaming PC.

>>383006208
Search the card, snot. They're going for $100 to $300+ right now. All of them.

I still have 560ti, should I upgrade?

>>383006325
I'd say wait a while. It's not fun splurging all that money and then see the prices to come down hard.

Anybody has an infographic with reasons (read games) to purchase a new graphics card?

>>383006595
I think I will wait till end of the year.
Maybe will buy Switch, but I probably should wait for "slim" version or something + buying console only for one game, that's you can get on Wii U is not really worth it. Bought Vita only for P4G, thank god that I can pirate on it now.

>>383006494
>>383006208
Yeah, I didn't find any 6670s. Am in EU tho..

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>>383006494
60 burger bucks on ebay
Nice try, you still don't know how amazon functions

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>>383006732
Here you go anon

>>383007110

I'm asking about videogame, not about fancy advice that can only be followed if your videohomes are up to date.

I've been off the pc for a while.

>>383007110
what constitutes adequate?

>>383007226
Let me try that again in greentext

>Pirate fancy new game you wanted to play that has shiny graphics
>It run like shit even after lowering the graphics to a point you don't want to lower them anymore
>Buy new hardware

It's not hard anon.

>>383004409
more like only BTC
fuck outta here ETH shill

>>383000232
Because peoples wanted their cheap shit 50 years ago so now the global market bites you back in the ass.
Free trade is a mistake, protectionism is the better future for the West especially since at least USA made tech won't break after a couple years

>>383007260
That's up to you.

>>383007343

Anon, I just want to know what hot and superb new games are coming to pc.

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>All these nocoiners getting mad they can't buy their toys
Business is business, kid.

Redpill me on this. I have a GTX 1070 superclocked, can I make money with this?

>>382998996
nope only 1060s and up are price gouged . I just got a open box 1050ti at microcenter for 111 bucks. was 121 after tax. I'll; either use it to step up to another open box deal within 30 days ( I check open box deals daily) or I'll use the EVGA step up within 90 days and get a beefier card that way.


feels gud.

>>383004724
Amazon resellers jack up the price on all used hardware, if you want to buy something used try ebay or locally like craigslist.

>>383007912
>speculating buttcoins is a business

>>383008006
you don't

>>383008302
You can't really argue that it isn't

>>383008329
I don't what? Have a GTX 1070 superclocked? Forgot to mention it's EVGA if that matters.

>buy a pc bro
>oh sorry all the cards are expensive because of doggo coins

>>383008454
make money

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In what scenario would crypto die outright?

>>383008724
So what's the point? Is the crypto currency not worth anything? I don't want to miss out like I did with bitcoin.

>>383008876
It's just not giving you an in depth guide when you could google it or go on /g/

>>383008738
not outright but countries ban usage of crypto coins

is there a new bitcoin that people are going apeshit over for no reason, or are people doing this for bitcoins?

>>383008738
strong pool beats blockchain and dupes or tampers (nearly happened once to BTC)
creator(s) tampering with coin in any way
nobody converts and trust wanes

>>383009531
Ah, that makes sense

>>383008738

People lose interest or trust. Value is subjective after all.

>>383000379
America uses decimals not commas to indicate dollars and cents difference. Try again sweetie.

>>383009368
yes, ETH

I have a gtx 1080 feels good

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I bought a 1060 6GB a couple months ago for about $230. They seem to be going for around $300-$350 on ebay now. The price hike wasn't as big as the internet led me to believe.

>>383009864
thanks. why is this a thing? why is this new one somehow better than any of the other ones that have came out in the past 8 years? dogecoin, litecoin etc etc...

>>383009927
Any price hike is bad though
That's a 30-52% jump in price

It's a huge deal considering how graphics cards are released in tiers

>>383000831
How about you mine a bit yourself?

If everyone with a GPU started mining, prices would drop so fast that it's not profitable anymore to mine, so they stop buying GPUs they don't actually use to play games.
If you don't want to do any of the turn-into-real-money shit, simply spend it on a 4chan Pass.

>>383010780
>profit will drop
more like trust will fucking skyrocket if everyone got into it

I have a 1070, would it be profitable to sell it (barely used) for $400 and then sit and be patient until it drops down again?

It'd be kind of like buying the dip in the stock market, but idk when prices will go back down

The lengths people will go to just to avoid getting a real job. Sad

>>383010062
>why is this a thing?
hype
>why is this new one somehow better than any of the other ones that have came out in the past 8 years?
hype

its currently a get quick rich scheme

>>383010991
>more like trust will fucking skyrocket

Is that the spin they are currently trying to put on it?

What's stopping me from calling a buddy and have him buy a 3rd one? This seems pretty dumb.

>>383010780
>Make a net loss mining cryptocurrency to show to show the cryptominers

I seriously love this happening.
All this high-end PC mustard race fagotry dying off thanks to based crypto coins.
Finally PC game developers can concentrate again on what really matters.

>>383011220
absolutely this

you poor lazy retarded third world tier retards are ruining games

>>383011165
I think its a good idea, vega launch soon will create competition with the 1080 so you should see price drops. Even if nvidia doesn't drop their prices the vegas should perform similarly if not better than a 1080 and I'm guessing their pricing will be close to the fury launch as well ~$500

>>383011326
I'm going to say yes
ETH is being pushed hard as fuck on here for the past months
everyone who already is holding coins (including the creator who probably pocketed a boatload when it was young) gets "richer" and because it's growing in perceived value, more and more people will jump onto it creating more and more trust then more and more value
someone is trying to overthrow BTC as the leading crypto

I don't even know who the fuck made ETH

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goddamn it
>been waiting to upgrade from my gaming laptop soon as I get out of college
>have this PC builder with a decent community around him i've been following during
>good prices, good services, overall price even cheaper than me buying all the parts and building it myself
>open up news site, see this ergonomics shit
>mfw i even was tempted to buy early and have it sent back home cuz i had the cash since forever

sincery fuck these business trend chasers, no better than fashion fags even

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>>382998882
>tfw upgraded my PC earlier this year

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Just got pic related earlier this year.
I'm fine

4k is a meme, just like 21:9 aspect ratio

>>383011489
hello poorfag, shouldn't you be playing some old f2p right now?

So glad I upgraded when I did. Got my 1070 SC at the perfect time. Despite the thermal pad shenanigans. Especially here in Canada where we get ripped off to start with.

This is actually the second time cards got expensive and sold out because of mining. The first time was prior to the Gtx 10xx series release I think when all of a sudden all the AMD cards prices spiked and were sold out.

If I'm about to drop on a new rig would it be best to just wait out the storm and get something better than a 1050ti?

>>383011854
>I don't even know who the fuck made ETH

Wikipedia says Vitalik Buterin.
Then again, that could be another Nakamoto.

>>383000912
theres some SEA where reward points from a telephone company is legal currency. like they can use them to actually pay bills and shit.

>>383011854
which is funny since nothing is actually backing crypto

>>383011854
i got an eth miner on my computer
not mine tho, someone hacked my shit
idgaf though

>>383012660
And it's not useful for anything.

>>383012424
21:9 is excellent for production work, but that's easily done with multiple 16:9 monitors anyway

>>383012660
No different than fiat currency then. Why is this constantly brought up?

>>383011452
>net loss
>while you already have the GPU

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>>383012445
This isn't free 2 play.

>>383011452
>What is energy consumption

>>383000912
so replace fiat with a more unstable pseudo fiat thats electronic without any country or standard backing it

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>>382998882
>On Sale
>10,000 each

Glad I don't give a fuck about Early Access: The Platform anymore.

>>383012852
fiat is actually backed by a country a country has political and military clout

Seriously guys, the world economy will collapse totally not bringing down the internet with it and I'll use my internet cyberbeans and be rich. Not that guy hoarding gold.

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>>383003868
>Educate yourself on this retarded useless thing retard.
Thank you for showing me the light.

All these competing cryptocurrencies are going to culminate in an economic disaster.

It's just like pre-dollar currency where everyone was using something different and the lack of a universal system fucked everything.

>>383013449
let them live the dream man

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>>383012705
>i got an eth miner on my computer
>not mine tho, someone hacked my shit
More like you installed it yourself with pirated games
>idgaf though
Sure thing, enjoy your 1fps when that thing takes 100% usage on your gpu. Fucking retard

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>bought a strix 1070 at the start of the year
thank fuck

>>383013823
>playing games
lmao @ ur life

>>383013449
Economic disaster for the few places that actually accept crypto-currency. It won't be like pre-dollar where you couldn't even buy bread in the next town over. Darknet markets and the few non-drug storefronts will just stop accepting unpopular memecoins because it's too much of a hassle.

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>>383013963
When it starts mining, you don't even need to play games to find your pc slowing down to a crawl.
>being fine with intrusive shits in your pc
I bet you love your daily ass fuck too, cuck

Reminder: Don't give them your (You)s.

Can someone explain this shit to someone who has no idea whats going on?

>>382999651
Nuke Taiwan

>>383003040
Bitcoins are not mined with GPUs, retard ;;;;;))))))))

If you want to get rich on exchange rates of some no-name coins that only last few months then you don't need to mine anything, just buy your coin of choice on any market exchange

>>383015589
It's been explained several times already, just read the thread.

on one hand, I'm glad I upgraded last year to a 1070, on the other, I don't like the idea of artificial scarcity and people not being able to purchase the hardware for their PC at the proper price due to hype and scalping.

Is it wrong that I have no interest in taking advantage of people for profit? I have so many things I own that I can resell for a massive profit, gaming or elsewhere. Despite barely making enough to live on and scraping by week-to-week, the thought of taking advantage of someone by reselling something of mine that has skyrocketed in price fills me with disgust. Though I feel like I'm in the minority when I'm on 4chan.

>>383016465
You got yours, why would you care?

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>>383016465
as much as a relative large group of people would like the world to be that, there are always a bunch of party poopers who would bend any rule to make a easier way for themselves.
Yes idealistic stuff aint what the world today is about but fuck that, a man can dream and do his part, even it is a bit far from the current reality.
I'm a bit drunk and sleepy but props to you anon

>>383012143
Will 750 even be affected by prices? Who use it to mine coins?

>>383000265

Federal Reserve is ramping up the interest rates, they'll pop it right before the 2020 elections to make Trump look bad. Fucking Rothschild jews man.

>>383017747
It's power/profit ratio is too low to be used for anything unless you somehow didn't have to pay for electricity.

>>383002943

Nope, physical fiat money can be printed endlessly and constantly devalues. Bitcoin has a limited supply, so it'll retain its value. I'm going to stick with gold though, fuck not having my money physically available.

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>>383002943

>>383012143
Did you really buy a half-height card? Do you use one of those slim pre-built or something?
>>383017747
Previous-gen cards are not suitable for mining so they don't interest miners. For the most part they are not affected by supply shortage

>>383018156
>>383019323
Thanks, anons

>>383018297
>physically available
>Wanting to be raped by taxes
>Allowing other people to have access to your money
The only advantage of holding gold over crypto is that's more stable. It's less profitable, more taxable and less safe.

>>382999068
>it will get saturated
fix'd - expect massive influx of half-working second hand GPUs for a tuppence in a following 12-18 months

>>382998882
You're shitposting right? I just looked at my local gpu selling website and a GTX1080 is 600 bux. Why would the GTX1070 be as expensive as a GTX1080?

>>383018564
>implying it's BTC being mined

So what, I've officially missed the chance to build a PC? It's too late for teenage love, it's too late to change career prospects, and it's too late to even play fucking video games? Kill me, Pete.

>>383018297
>so it'll retain its value.
unless there's a similar coin with limited supply and better transaction speed

>>382998882
i'm in europe should i buy and sell gpu oversea ? even with 20% taxes it's still cheaper

>>383016170
>just buy your coin of choice on any market exchange

I have effectively made $200k in a year by bullshitting, buying some for shits...little did I know it was an undercover bull.

>>383020035
You can build a PC for normal price, just don't be a jew who buys a shitty card

1080 ti or bust

>>383019960
Well he was talking about crypto in general and most of the value that crypto has derives from BTC.

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>>382998882
Why are you shitposting OP?

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Free market was a mistake
1050ti is not worth upgrading to, 1060 is too expensive for what it does. All i wanted was a 4gb 470/570

>>383020332

>rock

enjoy your fucking paperweight

>>383020268
but the thread is about miners, which will inevitably get burned en masse, since new coins don't generate any long-holding value for economy

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>>383020470
Ok. What about now?

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>>383008738
Federal crackdown on illegal currencies when?

>tfw still running every game I want to play in 1440p with a card from 2012
nice

I still see 1060 6gb going for $240-300.

>mining crypto currency

I've never understood this or how it works. I always thought Bitcoins and the like were just like Steam Wallet funds or something in that it's just a number on a screen but that number has a real world value. What does mining it mean? Pls help a retard understand.

>>383020617
>buying a founders edition for anything but custom loop watercooling

>all those people in this thread thinking that they upped the price for the third card to 10k because they're jews

Jesus Christ. I know this is /v/, but come on people, think for once.

>>383020901
It's cheap and it works, fagass. I'm using one right now.

i was going to get a 1080ti and sell my original 1080 which is an OC'd asus model they don't make anymore. it should go for a higher price than i paid. at least i want it to. damn good card.

>>383020598
That's not even the biggest problem. Coins like ZCash. Monero and ETH are very profitable to mine and hold some value outside of speculation and short term gains. There's two problems with mining however, 1. Most coins these days are either migrating or being made as PoS instead of PoW 2. As more people mine a coin, the more difficult it gets to earn money with said coin. This is what happened with BTC and it's why it's impossible to profit mining BTC if you do not own 100000000 GPUs

Can't cryptokikes artificially limit the supply of their stupid internet shekels in a way that doesn't encourage chicks to buy up all the midrange cards?

How long will this last? I wanted to upgrade my GPU around the time Far Cry 5 comes out.

>>383020841
"mining" is part of the process of the currencies, started by bitcoin. basically if you mine, you agree to be a server for the transactions, and your reward is a few small pieces of coin over time. go to /biz/

>>383002725
That's a funny way to spell Frys.

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>mfw live in leafland
>mfw prices didn't change because we were already paying 25-50% more since forever

yall know our suffering now

>>382998882
>own a 1070
>always have my pc on at all times

Should I just mine if I'm going to use the electricity anyway when I'm not gaming?

Don't you only just get like 4 dollars a week or something?

But what is 'mining' actually? What does it do? Any use or energy serves a purpose : to produce value, be it by manufacturing a car to warm employees in an office so they can produce more value. What does mining do? Does that great computer power serves some hidden purpose in the grand scheme of things?

>>383022264
more like 4 dollars a month since it's getting harder to mine

>>383016465
cute

>>383020841
Bitcoins aren't generated by mining. Mining is to ensure that bitcoin transactions and the BTC network run smoothly. See https://www.bitcoinmining.com/

It was created as a way to cut the middleman/central authority out of the equation and to make so that everyone could help the network run.

>>383021950
>yall know our suffering now
No I don't, bought my card back in April when the price was still normal. Also
>A FUCKING LEAF

>>383022264
You can earn more by joining a mining pool.

Should I upgrade my i5 4590 or my R9 390

>>383020841
Bitcoins are a currency, and ultimately at this point, they are a store of value just like gold but superior to gold in every way in that respect because they are infinitely divisible, unchanging supply, and easily transferable. There are also a lot of crypto algorithms in play to make sure that anyone wishing to try and "counterfeit" bitcoins needs to essentially put in a huge amount of funds proportional to at least 51% of the total mining hardware wealth, which is a lot. Because of that, it has value, arguably a much higher value than gold could ever have due to physical limitations of it.

Crypto mining is basically a verification of a transaction. When you send bitcoins to another wallet, the network will basically verify that your bitcoins are real and the transaction is real. Miners then get a reward at random, proportional to how powerful your hardware is, for doing this to incentivize it, though that reward gets harder and harder to "earn" as more and more hardware gets dedicated to the coin. Miners also get transaction fees paid to them for verifying certain transactions. Transactions with a higher fee get prioritized over ones with a lower fee.

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>1070 performance since 2015
>people are close to paying the same price but 2 years later

>>383022738
Do you want, at best, a 30% improvement in performance for potentially $500+?

You should look first into an SSD if you don't already have one, which is a major performance boost for everything on your system. Then you should look to get at least 16 GB of RAM. Both of these will give you a much bigger noticeable performance boost for the same amount.

>>383021774
>Frys
Bunch of greedy faggots that try to scam you in every purchase.

>>383022792
That's a pretty nice explanation anon, thanks. I always imagined something like the Chinese Runescape gold miners who destroyed that economy too.

So what the hell is going on? I'm planning to get a GTX 780 soon and am now getting concerned.

>>382999651
It's this. Crypto farming is a total meme. DRAM shortage is an actual thing.

>>383023375
its too late anon, now the best is to wait untill this shithole implodes, and then you will have cards for coins.

>>383023375
Crypto mining is happening, bubble will probably burst soon and you'll be able to grab 1060s/1070s for the cheap on craigslist or similar.

Or you can just check nowinstock . net and there are still cards available of every type.

>>382999651
wasn't it taiwan that got its harddrive factories flooded at some point recently and for a while we had to pay insane prices for shitty harddrives?

>>383023440
Crypto farming is not a meme, a lot of people bought into the Ethereum and similar mining meme, that's evidenced by the extremely high hash rate on those coins, all of which must be GPUs since ASICs are much more difficult to make for Ethereum like coins due to it being a memory bottleneck rather than processing bottleneck'd.

>>382998882
i don't get it if more people are buying GPUs shouldn't they be cheaper?

>>383023610
yeah a typhoon pretty much directly hit one of their manufacturing centers

>>383023946
>he doesn't understand basic supply-demand correlation
go back to business class, jimmy

>>383019824
why would they be half-working, retard

>>383023125
ok thanks senpai

>>382998882
So, the Xbox One X is now more viable than buying a fucking 1070?

>>383024186
fuck off

>>383023440
>>383023871
That being said, I'm sure it doesn't help the price at all and manufacturers are probably desperately trying to meet demand, and can't, without paying out the ass for DRAM.

>>383023946
If the supply of a product stays the same but demand increases a lot, price will go up. By raising the price, buyers, aka demand, will go down and begin to match the supply, maximizing profit. But if you raise the price too much, demand then drops to less than the supply, and you lose money because you have unsold supply.

>got a 1070 before price explosion
Feels good.

>>383024186
Maybe because they have been working 24/7 for months while processing heavy math?

jesus fuck I'm actually forced to buy 1080 and I dont even have need for it
THANKS CRYPTOKIKES

@383024261
@383024410
Learn how hardware works dumb faggots.

>>383024410
>>383024186
They wouldn't be half working, but they may die much sooner on you, especially if they have been overvolted.

Luckily, the recent crypto craze is a memory bottleneck and memory is not too hard to OC and in fact, most people will undervolt cards since most of the power in a GPU goes to the processor, which is hardly used in this case.

>>383003328
>not knowing eth was already tanking that day because bitcoin and every other coin tanked
Dumb nocoiner

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>>383025240
>Sold my RX480 for 400$
>Sold my Rx470 for 300$
>I almost have enough to buy a 1080 now.

>>383024414
Or you know...you cant just.. WAIT. The next GPU generation is coming in like a month, if your spending that much on an 1080 then save your money and not be a generation behind.

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So the only people that actually see a profit are the chinks with giant farms?

Buying into this with something like 10 GPUs seems like a gigantic waste unless you're there right at the start, which most aren't.

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>finally got a job after half a year of searching
>planned to build a new PC and ditch pic related
>this happens

It sucks more that electronic shit in this country cost like 50% more than the US.

>>382998996
Don't waste your time with a 1050.

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Who do cryptocurrencies even work? What backs their value? How does spending time calculating nothing somehow generate monetary worth?

>>383025774
The images of chinks and their farms are that of ASIC miners, which is only bitcoin and litecoin, and they consume an asston of power, of which yes, it's only profitable in China because they literally steal electricity off the powergrid.

Ethereum and similar are currently only GPU based and take much less energy to mine by default. Sure the chinks are still at an advantage but that doesn't mean it isn't still profitable to do.

tfw /biz/ is still dead

>>383026210
You make what, 1 dollar a day per single GPU? Plus this shit is constantly fluctuating, the entire thing could crash overnight and you'd be left with nothing.

>>383026201
retards

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>PC died a year ago
>been working through 6/7th gen backlog in the meantime
>look into buying a new PC to play some current games
>this shit
>buy a PS4 for $100 instead
maybe next year

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>>383025774

yes, basically only people with dedicated rigs will profit
the most profit is made by people at the start - I made 3 BTC mining dogecoin with a Radeon 5500 simply because I had the luck to be on /g/ when it launched. At that time the difficulty was very low, so I could get an immense amount of doge/day even when using a shit card. I got a 7950 a month later (4 times more powerful than the 5500) and didn't even make 1 BTC mining with it because at that point doge was way more saturated.

>Need to upgrade RAM
>Need a new graphics card

I legit might just by a switch and console game for the next 4 years

>>383001740
>GPU
>Futureproofing

>>383024667
They wouldn't be half working, but they may die much sooner on you, especially if they have been overvolted.
>wouldn't be half working
>will die soon and have probably been misused.
>nah it's fine just spray some WD40 in it

stupid fuck

>NEETs spend all their NEETbux on graphics cards to mine some cyber currency with imaginary value
>cyber currency bubble bursts, cards become worthless
>NEET has no NEETbux left
Might aswell have bought more waifu pillows or Legos.

>>383026201
It's just supply and demand. Gold has a value simply because we say it does. Hell, the USD isn't backed by anything, it's just accepted by pretty much anyone, so that's it's worth right there.

A currencies worth is in how usable it is as a currency, which is ultimately a measure of it's supply and how much GDP you are able to buy with it. The USD is worth what it's worth because you can buy a lot of things pretty much anywhere with it.

The time spent calculating nothing ensures that no one can counterfeit the cryptocurrency without investing more funds than they would ever gain back.

>>382998882
If i was rich i would go and buy all the cards and them just put them in a mobile mining machine just to fuck with them

>>383026725
What a massive waste of time.

So how long do I have to wait until the current buttcoin meme subsides so I can build my PC without paying 500% of the price.

>>382998882
>tfw I got a 1070 for $340 a month after release

Feels good man

>>383026879
A year maybe?, when this thing reach lol players

>>383026879
Whenever miners once again realize that the Chinese control their shit and they can't do anything about it

>>383026640
You also have the chance that a GPU straight from the manufacturer dies a week after you turn it on. There is no guarantee that a card used for mining will die sooner or not, just an increased risk. It's all a risk, the only question that matters though is if taking that risk is worth it. When you see 2 1070s for the price of one new one or even less then that risk potentially becomes very much worth it.

>>383026879
Just go to nowinstock . net

Shit's still available if you know where to find it.

>>383026879
Wait in a few weeks. There will be a huge exit scam news on eth.

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How have the banking jews not shut this down yet? It's money that they don't control. I figured they would be furious.

>>383027546
>He does not know that the banking jews are the investors of cryptocoins.

>>383027546
Because it'll never become mainstream enough for them to care. In the case it does, they'll either shut it down or they'll be the ones behind it.

>>383016465
1. what is scalping?

2. how do people make money off "mining", what is mining?

>>383019939
Nope, this is what I found at my local Microcenter in Columbus. Which website?

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This shit is total nonsense but I still need to upgrade from my 270X

Whats a good card that wont run me more than 500 CAD

To specify, I mostly play games like FFXIV and WoW

I want memecoins to die because they killed /biz/.

i've had a gtx 660, just plain 660, not even ti, since 2012 and i wanted to upgrade my gpu finally this black friday

what the fuck do i do now?

>>383027848
mining is making your GPU do lots of calculations to generate this cryptocurrency. For the most part, it's not advisable due to extreme amounts of wear and tear on the hardware as well as electricity costs for keeping it running 24/7.

>>383027848
1. Buying high demand/low stock goods and reselling them for a profit

2. Mining is part of cryptocurrencies, it's when you have a system dedicated to checking transactions and in return you get some of the currency

>>383028006
the only one not affected by this that could also be considered an upgrade is the 1050ti, but even that is a relatively minor upgrade

I have the same card and I'm holding off on buying anything till dedicated mining cards come out or this bubble bursts

>>383000001
so close
>>383000000

>>383028206
>>383028287
Thanks for the info gentlemen. I heard of this vaguely before but you guys cleared it up for me.

When this craze is over, does it mean the secondary market will be flooded with overclocked and overused GPUs and will they be cheap?

>>383028470
Lots of
>Used 480 card
>Only one owner
>Little old lady that played Solitaire on the weekends

>>383000379
Anon don't be retarded, it's not america that goes against convention and uses fucking decimal commas which make literally no sense.

I know absolutely nothing about this, so don't get angry, but why would you need a GPU to mine bitcoins or other crypto ? I thought you use the CPU for that ?

>>383002132
It's not a hobby if you're buying 80 cards and putting them in a warehouse.
Mining on your home PC will get you jack shit.

>>383028470
Absolutely, plus most people involved in crypto are nutters anyway, I'd recommend you stay far the fuck away from them

>>383028682
>>383028912
Sweeeeet. Can't wait for the crash

>>383028912
>crypto are nutters anyway
If you think you can profit on crypto then you're fine, if you think crypto will change the world then you're a nutter. I'm in the former but I don't mine. I just buy and sell GPUs to retards and make more fast easy money than them.

>>383026879
If buttcoins goes tits up to $4000 or more, never.

And don't think it's impossible. I was saying it was back when it was $100. And then, when it was $500. And $1000. And... well, I'm shutting my damn mouth now, irrational exuberance is one hell of a thing.

>>383027546
Why shut down something they can embrace? Sweden's state bank, the oldest in the world, are investigating the option to launch an e-sek within the next few years since basically no one uses paper money anyway.

>>383001740
>Nvidia
>future proof

lel

>>383029306
Speculation is what drives the price. You can't really gauge stupid speculative stuff or else we wouldn't be surprised in the popularity of fidget spinners

>>383029092
Don't buy GPUs that were used for mining

don't buy used gpus in general

>>383029657
I mean, depends how cheap it is. If they are selling for 70% of the price then fuck that but at 40% I might be tempted. How bad will the wear and tear be?

Also, is buying used ram okay?

>>383028756
They already explained that in a previous pist, retard