AMD GPU Supply Exhausted By Cryptocurrency Mining, AIBs Now Directly Advertising To Miners

Discussion in 'PC Industry' started by Cyan, Jun 5, 2017.

  1. RedVi

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    Hmmm, I have a 290, and if I somehow find a way to only have it mining only in the hours my solar system is generating, this might be worth it. If nothing else it could help pay off my solar system quicker, and I won't feel guilty about wasting power just to make some money...

    Just checked my regular online store and all 580's 570's are sold out there too. This wasn't the case a month ago. Electricity rates are higher here, so it's either still viable despite that, or global supply is effecting local stock.
     
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  2. Clukos

    Clukos Bloodborne 2 when?
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    Vega is still an unknown for mining, most miners take some time to correctly implement new hardware and make it efficient for mining. Vega is not a bigger Polaris so it'll take some time for it to get up to speed. My recommendation is that if you really want a Vega GPU, get them at launch.
     
  3. Cyan

    Cyan orange
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    the intention is that, I've saved 300€ for it, but it is going to cost more, plus I am going to need a new PSU, my 450W one isn't going to make the cut I think
     
  4. Silent_Buddha

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    This is why I'm hoping that reviews will be allowed to come out at least 1-2 weeks before hardware starts shipping. So that I can properly determine whether I really want one or not as I'm assuming the price is going to be much higher than I would want to spend on a GPU (the 1070 was much higher than what I typically want to spend on a GPU, for example).

    Regards,
    SB
     
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  5. orangpelupa

    orangpelupa Elite Bug Hunter
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    How do you mine ethereum and decred?

    I tried claymore miner and oh boy... It have no gui, and the help is not clear.
    . Sure it have examples, but it was not clear where I would get those values to input into the command.
     
  6. entity279

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    Usually in cases such as these you should say specifically what values you wouldnt know to fill
     
  7. 3dcgi

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    Nicehash puts a GUI around claymore. I found it from a pcper.com article.
     
  8. entity279

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    No, nicehash does more than that. Including the fact that that you wont recieve any ETH and DCR coins.
     
  9. sir doris

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    Tweaktown had a nice little editorial article on Awesome Miner the other week, and a guide to getting set up, although just don't use the pool in the article.
     
  10. Pixel

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    Damn looks like Xbox One X has found an ally in cryptocurrency. I can't see the craze dying down for quite a while, and that means high demand and high prices on videocards. Geforce and RX lineup have turned from a toy into a financial commodity...
     
  11. Clukos

    Clukos Bloodborne 2 when?
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    Maybe Microsoft should optimize the Xbox One X for mining, they will fly off the shelves :)
     
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  12. 3dcgi

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    I'm not sure why you said no. Nicehash does more than what I wrote, but it also does what I wrote.
     
  13. entity279

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    The original question was specifically about dual mining DCR + ETH. You mentioned using nicehash, which only yields you BTC. Hence i said 'no' as I was feeling the point raised was not addressed.
     
  14. Cyan

    Cyan orange
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    not sure if its due to the cryptomining craze, but the store were I purchased my PC ran out of NVidia 1060 now, and the 1070 is quite expensive, I think it cost around 400€ a few days ago and it costs 510€ now, like at launch date. Building a medium-high PC has become a very difficult task.
     
  15. entity279

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  16. Cyan

    Cyan orange
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    seems like stock is gone again, some RX cards were available for a few hours, but miners have their F5 button always ready and now they are gone again --not necessarily the 1070s, but their price is higher now.

    some of the comments...well, I can understand those people:


    The market of cryptocoins has been unstable this week, it seems:

    http://www.investopedia.com/news/ethereum-price-crash-vitalek-buterin/

    whether this is a bubble or not, we shall see
     
  17. Putas

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    I can't believe there isn't bigger legislative push against mining. Could there be more dangerous way of creating a currency?
     
  18. ToTTenTranz

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    There should be legislation, at least regarding environmental concerns IMO.
     
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  19. entity279

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    How can you regulate something you don't understand? Most politicians don't know that mining exists.
     
  20. 3dilettante

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    From what I've read, most of the handling of cryptocurrencies falls under existing laws for investments and commodities, which includes things like capital gains taxes for individuals. The exchanges fall under additional financial oversight, given their interaction with official currencies, large amounts of value, and additional obligations with regards to things like fraud and money laundering.

    Laws for markets based on speculating on commodities at least from a high level appear to be applicable to much of how these cryptocurrencies are being treated by most miners. At least some governments are taking notice at various points, not so much the currency aspect that these exchange media lack the stability or convertibility to hold a candle to existing ones, but for when they're used to skirt the law.

    There's tax evasion, but I think China took more specific notice once Bitcoin was being used to circumvent capital controls.
     
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