VOGONS


Video Card prices

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Reply 20 of 41, by gerry

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I need to set my TNT2 to work creating crypto currencies! I have two of them, all this time wasted playing late 90's 3 games!!

here's a recent article about the shortage of cards

https://www.msn.com/en-xl/news/other/nvidia-l … ard/ar-BB1dNJev

Reply 21 of 41, by pentiumspeed

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One thing I had to make clear. All the reporting websites who mentions crypto currency mining to generate tokens is ill informed what it is involved, The miner is not making *new* tokens, the reality is the people who buy using money to convert into tokens and through interactions is verified by all using miners, and the holders of the wallets has to pay a fee during interactions which is already included is to fund the processing of the hashs to verify them by miners, and portion of the fees build up to equivalent of of a one token every specific measure of work done as proof of work by each miners. Remember this is decentralized ledger through crypto currency.

Way the reporters for websites and newpapers assumed miners are generating tokens from nothing is feeding misinformation. This is reason why I was not understanding made me to take effort to understand these better.

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Reply 22 of 41, by gerry

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pentiumspeed wrote on 2021-02-24, 00:29:

One thing I had to make clear. All the reporting websites who mentions crypto currency mining to generate tokens is ill informed what it is involved, The miner is not making *new* tokens,

well the TNT 2's are going back to rendering scenes from unreal then! 😀

Reply 23 of 41, by matze79

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just do mining on your pocket calculator and give me your video cards 😉 if it has a video output it isnt meaned for mining

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Reply 24 of 41, by The Serpent Rider

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f it has a video output it isnt meaned for mining

Video output is an optional feature!

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Reply 25 of 41, by Paadam

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IMO any cryptocurrency is THE most useless and ugly way to waste energy. Without creating ANY tangible value (only artificial) it is a symbol of hypocracy of todays policy and economics where idiots teach us to drive shitty electric cars and not breathe while wasting precious energy (out of which most is still produced out of coal, gas etc) and producing just heat..
My ethical beliefs do not allow taking part of such pseudo-economy and IMO it is whole new low. It certainly isn't a business, every person who even remotely cares about something else than himself/herself does not take part of such stupidity.

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Reply 27 of 41, by ODwilly

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I just sold my rx 480 for the same price I paid for it brand new to pay bills and bought a $10 "broken" 2gb gtx 760 that works perfectly. Current GPU market is nuts!

Main pc: AsRock x370 Killer SLI a/c, Ryzen 5 2600, 1tb WD black nvme ssd, 24g ddr4 2400 @2933mhz, rx 480 8gb reference card, 2tb Hitachi Deskstar.
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Reply 28 of 41, by douglar

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Warlord wrote on 2021-02-26, 22:26:

Well china isn't going to allow crypto currency. And at anypoint the EU or US central bank could just ban it. Theres nothing stopping them

https://twitter.com/theophite/status/10302251 … 4373121?lang=en

It's like if idling your car 24/7 occasionally produced solved Sudoku puzzles that you could then exchange for heroin.

Reply 29 of 41, by RedCharles

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Ya, that's pretty funny.

Sold my 1080 Ti. And I thought it was overpriced when I bought it.

CL - highest offer was 600
FB - Angry teenagers demanding justice
Ebay - took an offer of 750, buyer had a good rating,

If there was no crypto craze, I estimate that the street value of a 1080 Ti would be 275 right now. I am hoping that BTC crashes like BOA says it will. Eth will fall and prices will go back to normal.

But hey who knows, Michael Burry, Bill Ackman and now Paul Singer are all warning about inflation. Not exactly a couple of lightweights. Buckle up butter cup.

Reply 30 of 41, by Errius

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The popularity of cryptocurrency is a response to global political uncertainty and is not just a fad. (In other times people would be hoarding gold.)

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Reply 31 of 41, by Almoststew1990

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I am getting tempted to move on my 1070ti but I use it too regularly in a secondary PC and I know i'll miss it. I bought it new for £350 (on a Black Friday event) and the eBay sold section shows 1070 ti's that have gone for £350 to £420!!!

Fortunately the kind of old, slow cards I buy for my builds at the £30 range (such a 9800GT, GT 400, 4890) has stayed relatively fixed in price.

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Reply 32 of 41, by Almoststew1990

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Errius wrote on 2021-02-27, 08:04:

The popularity of cryptocurrency is a response to global political uncertainty and is not just a fad. (In other times people would be hoarding gold.)

Not sure I agree - Gold was a physical item, with a finite amount, that would always have value (and was what was used to set the value of money) regardless of a political climate. Bitcoin is not physical, is limitless and is vey volatile in value.

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Reply 33 of 41, by The Serpent Rider

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Bitcoin is not physical, is limitless

It isn't and some were already lost forever. Although you can make as many alternative bullshit coins as you want, which various opportunists already doing. But almost everything is tied to Bitcoin in some way.

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Reply 34 of 41, by Tiido

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Yeah, one of Bitcoin's big things was that it has finite amount of them, there will be a point when all of them get mined. In theory lowest value for them is the cost of energy used to mine them.

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Reply 35 of 41, by The Serpent Rider

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In theory lowest value for them is the cost of energy used to mine them.

That's not how it works though.

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Reply 36 of 41, by douglar

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The Serpent Rider wrote on 2021-02-27, 15:39:

In theory lowest value for them is the cost of energy used to mine them.

That's not how it works though.

Agreed.

The cost of bit coin is the cost of the energy + hardware depreciation + the lost opportunity of doing something else with the computer hardware, but that's cost, not value.

The value of bitcoin could go to zero pretty darn quick because no bank or government guarantees the value.

That is assuming you don't just lose the coin: https://www.coininsider.com/ways-to-lose-bitcoin/

If someone robs a bank or a bank becomes insolvent, you don't lose your money in most countries. There's usually some form of banking insurance to cover it. If you lose your coin, there's no process to get it back.

In the mean time, I'm considering selling off my kids graphics cards. I got them as $90 refurbs.

https://pcpartpicker.com/trends/price/video-c … t.radeon-rx-570

Reply 37 of 41, by debs3759

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douglar wrote on Yesterday, 01:07:
Agreed. […]
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The Serpent Rider wrote on 2021-02-27, 15:39:

In theory lowest value for them is the cost of energy used to mine them.

That's not how it works though.

Agreed.

The cost of bit coin is the cost of the energy + hardware depreciation + the lost opportunity of doing something else with the computer hardware, but that's cost, not value.

The value of bitcoin could go to zero pretty darn quick because no bank or government guarantees the value.

That is assuming you don't just lose the coin: https://www.coininsider.com/ways-to-lose-bitcoin/

If someone robs a bank or a bank becomes insolvent, you don't lose your money in most countries. There's usually some form of banking insurance to cover it. If you lose your coin, there's no process to get it back.

In the mean time, I'm considering selling off my kids graphics cards. I got them as $90 refurbs.

https://pcpartpicker.com/trends/price/video-c … t.radeon-rx-570

I lost about 1.5 bitcoin. I mined years ago, and stopped when I couldn't afford the cost. Years later, I came across an old email from the site where my wallet was hosted, but couldn't find details to identify the wallet. At the time, that 1.5 bc was worth a fortune to me, but the site said they had no record of me, despite my still having the same email. After that, I will never trust bc again, or at least not until I am in a better place financially. Too risky.

See my graphics card database at www.gpuzoo.com
Constantly being worked on. Feel free to message me with any corrections or details of cards you would like me to research and add.

Reply 38 of 41, by Tetrium

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debs3759 wrote on Yesterday, 03:18:
douglar wrote on Yesterday, 01:07:
Agreed. […]
Show full quote
The Serpent Rider wrote on 2021-02-27, 15:39:

That's not how it works though.

Agreed.

The cost of bit coin is the cost of the energy + hardware depreciation + the lost opportunity of doing something else with the computer hardware, but that's cost, not value.

The value of bitcoin could go to zero pretty darn quick because no bank or government guarantees the value.

That is assuming you don't just lose the coin: https://www.coininsider.com/ways-to-lose-bitcoin/

If someone robs a bank or a bank becomes insolvent, you don't lose your money in most countries. There's usually some form of banking insurance to cover it. If you lose your coin, there's no process to get it back.

In the mean time, I'm considering selling off my kids graphics cards. I got them as $90 refurbs.

https://pcpartpicker.com/trends/price/video-c … t.radeon-rx-570

I lost about 1.5 bitcoin. I mined years ago, and stopped when I couldn't afford the cost. Years later, I came across an old email from the site where my wallet was hosted, but couldn't find details to identify the wallet. At the time, that 1.5 bc was worth a fortune to me, but the site said they had no record of me, despite my still having the same email. After that, I will never trust bc again, or at least not until I am in a better place financially. Too risky.

Be glad that standard currency cash still exists or banks would be able to start pulling similar stunts much more easily.

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Reply 39 of 41, by dionb

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Warlord wrote on 2021-02-26, 22:26:

Well china isn't going to allow crypto currency. And at anypoint the EU or US central bank could just ban it. Theres nothing stopping them

Banning something doesn't make it go away. See how well the War on Drugs turned out. China may not allow it, but if you purchase something in China on the Dark Web, you're probably using cryptocurrency to pay for it...

Essentially the only way to get rid of Bitcoin is to come up with a better alternative for its users. Essentially that would boil down to either doing the same thing with sensible use of CPU/GPU cycles, or finding a reliable way to verify stuff without burning all those cycles in the first place.