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Kiwiuk

138 posts

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#285988 29-May-2021 10:55
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Any recommendations in current market or anyone selling similar at reasonable price?

My Gigabye GTX1070 died, no obvious reason, powers up, lights come on but no display out on any port or in any other pc

Need to drive Asus 2k monitor and Dell 1080p

Can pick up in Manukau/East Tamaki region

Cheers

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Lias
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  #2715181 29-May-2021 12:33
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Given the price of things right now, you might want to try oven baking it?





I'm a geek, a gamer, a dad, a Quic user, and an IT Professional. I have a full rack home lab, size 15 feet, an epic beard and Asperger's. I'm a bit of a Cypherpunk, who believes information wants to be free and the Net interprets censorship as damage and routes around it. If you use my Quic signup you can also use the code R570394EKGIZ8 for free setup.




  #2715267 29-May-2021 16:41
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With BTC value plummeting & therefore the mining rewards reducing substantially, surely it can’t be long until the fierce demand for GPU power follows suit? I’d have thought that the crypto-cowboys driving that market up, up, up would be retreating fast - the P:E calculation doesn’t stack up anything like it did. There’s no emotion in the buying motivation for mining rigs, a calculator will tell you all you need to know.

You’d be a brave investor paying the same value for video cards today vs 3 weeks ago when the miners earnings were substantial. Auction sites like Trademe really do represent the market of the moment - there will be some hangover powered by buyers unaware of the reason for the demand for cards & who haven’t factored in the sudden loss of buyers purchasing because maths & now not purchasing because maths, but in the next short while, I’d expect some degree of normalcy to return to that market.

Give it a couple weeks, watch the auctions carefully, if the downward trend continues or even just flattens at <$50k/BTC, you’ll soon find more than a few miners fleeing the industry. Typically, they’ll be recent purchasers who paid high for their cards, weren’t expecting the volatility to return so hard & fast and are prepared to take whatever they can get to stop the loss. With a bit of luck (of your own making) careful buyers will find bargain purchases.




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Kiwiuk

138 posts

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  #2715294 29-May-2021 18:16
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Excellent advice, i can say oven baking didn’t work so it’s shell out or wait but 2 weeks 😱

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