Cryptocurrency

It seems like the Ethereum craze is mostly over. When I look at the GPU section on Carbonite, I see more and more people selling 3GB and 6GB GTX1060's for prices a lot lower than several months ago. Same goes for RX4&5 70's & 80's.

Just glad the GPU market stabilized again so us gamers can actually find a card at a decent price and in stock!
 
Blazzok said:
It seems like the Ethereum craze is mostly over. When I look at the GPU section on Carbonite, I see more and more people selling 3GB and 6GB GTX1060's for prices a lot lower than several months ago. Same goes for RX4&5 70's & 80's.

Just glad the GPU market stabilized again so us gamers can actually find a card at a decent price and in stock!
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The moment people saw that they don't actually make that much money from mining, and the fact that ICO's are being put under pressure from governments and regulatory agencies, it was inevitable that the crazy would die down. This is the humar race after all. There is only a finite number of people that have a longer attention span than the average episode of Rick And Morty. People were bound to lose interest.

What would be a good question though, is if those GPU's are to be trusted and actual buying options. Should people actually consider buying a GPU that has been going flat out, non-stop for months? I would be very skeptical to trust the longetivity of those cards.
 
DieGrootHammer said:
The moment people saw that they don't actually make that much money from mining, and the fact that ICO's are being put under pressure from governments and regulatory agencies, it was inevitable that the crazy would die down. This is the humar race after all. There is only a finite number of people that have a longer attention span than the average episode of Rick And Morty. People were bound to lose interest.

What would be a good question though, is if those GPU's are to be trusted and actual buying options. Should people actually consider buying a GPU that has been going flat out, non-stop for months? I would be very skeptical to trust the longetivity of those cards.
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Yeah it is difficult to decide to buy one. Some miners would undervolt their cards so they would run cooler and at a lower load, for the reason that they could last longer. If you can find one of those, you should be good. The risk is still present though.

The prices are really low though, I saw one 1060 6GB selling for R2500 (that is an outlier though). Most 1060 3GB cards are selling for about R3k, which isn't bad at all.
 
Ethereum is currently hovering around the $300 mark which is not bad at all but the mining difficulty has spiked a lot since the beginning of the year. MyBroadband wrote an article about it. Poor [MENTION=289]Jan[/MENTION].

Still, if you bought Bitcoin during the last dip then you already would have made a lot of money. :)
 
Solitude said:
Ethereum is currently hovering around the $300 mark which is not bad at all but the mining difficulty has spiked a lot since the beginning of the year. MyBroadband wrote an article about it. Poor [MENTION=289]Jan[/MENTION].

Still, if you bought Bitcoin during the last dip then you already would have made a lot of money. :)
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Which is finally did. In the dip I gave a few Randelas in exchange for Bitcoins. I'm already up by 20% or something. But man it makes me nervous.
 
DieGrootHammer said:
Which is finally did. In the dip I gave a few Randelas in exchange for Bitcoins. I'm already up by 20% or something. But man it makes me nervous.
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There is a fork coming soon, I'm pretty sure I read somewhere. When that happens, the value of BTC will drop again. Would be a good time to buy btc, and a bad time for anyone who bought higher. So it goes though.
 
Blazzok said:
There is a fork coming soon, I'm pretty sure I read somewhere. When that happens, the value of BTC will drop again. Would be a good time to buy btc, and a bad time for anyone who bought higher. So it goes though.
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Yep and it will also be ideal to sell just before then. :)
 
Solitude said:
Yep and it will also be ideal to sell just before then. :)
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If you know when the fork will happen, and you can sell for a higher value than what you bought for, then yes. It would be a good time to sell and then pick up some new btc after the fork :p
 
I've been mining a bit of zcash and monero. They've both tanked today. Zcash was over $410 less than a week ago, now its under $250.

Gotta get myself an exchange account somewhere and start trading soon.
 
murfle said:
I've been mining a bit of zcash and monero. They've both tanked today. Zcash was over $410 less than a week ago, now its under $250.

Gotta get myself an exchange account somewhere and start trading soon.
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Alt-coins are too volatile, specially if they can still be mined en-mass. I had all of mine exchanged to BTC the second I got a pay out. It's esier that way.
 
Glordit said:
Alt-coins are too volatile, specially if they can still be mined en-mass. I had all of mine exchanged to BTC the second I got a pay out. It's esier that way.
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Ya, I don't have enough in my pool to warrant a payout yet, which is unfortunate, because it would have been a great weekend to sell.
 
murfle said:
Ya, I don't have enough in my pool to warrant a payout yet, which is unfortunate, because it would have been a great weekend to sell.
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Ah! I see. IIRC Nice-hash is/was always changing payout limits depending on Bitcoin itself. So last time I wanted to payout I tossed some of my own in to get it all out in the end.
 
Still clinging on to my Bitcoin. I see the price is fluctuation at the moment. Not really rising or falling as dramatically as previous. I'll give it another few days.
 
I do have quite a lot of Ethereum though which I bought at the wrong time. :( I used Bitcoin to buy Ethereum earlier in the year and then Bitcoin climbed like crazy and Ethereum didn't.
 
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