First of this article explains worth of GPU which have been increased due to Cryptocurrency:
AMD GPUs Now Worth up to 3X Their Original Value Due to Mining Craze
Now a little tl;dr background on what's happening:
> So, a cryptocurrency (like Bitcoin) requires dedicated GPU's to mine.
>When Bitcoin could be mined from GPUs, prices of AMD GPUs rose in the past since AMD GPU are considered better (or atleast better VFM) against Nvidia cards.
> Soon Bitcoins passed the phase when it could have been mined using GPU. Dedicated ASIC miners came into existence to mine them.
> Now, non Bitcoin currencies like Ethereum, is relatively new (launched in 2014), and hence CAN be mined using GPUs.
>Hence, all the top of the line AMD cards like RX 580 (even RX 480) are prices sky high now.
Sample of prices of AMD cards from Amazon.in:
*i.imgur.com/ibWFBmn.jpg
I was trying to find a good AMD card for my friend and that's when I realized he can't buy one now. Also the RX 480 I have is a bit more worthy now.
What do you guys think? Is it time to mine Ethereum? Should I just sell my GPU now
AMD GPUs Now Worth up to 3X Their Original Value Due to Mining Craze
Now a little tl;dr background on what's happening:
> So, a cryptocurrency (like Bitcoin) requires dedicated GPU's to mine.
>When Bitcoin could be mined from GPUs, prices of AMD GPUs rose in the past since AMD GPU are considered better (or atleast better VFM) against Nvidia cards.
> Soon Bitcoins passed the phase when it could have been mined using GPU. Dedicated ASIC miners came into existence to mine them.
> Now, non Bitcoin currencies like Ethereum, is relatively new (launched in 2014), and hence CAN be mined using GPUs.
>Hence, all the top of the line AMD cards like RX 580 (even RX 480) are prices sky high now.
Sample of prices of AMD cards from Amazon.in:
*i.imgur.com/ibWFBmn.jpg
I was trying to find a good AMD card for my friend and that's when I realized he can't buy one now. Also the RX 480 I have is a bit more worthy now.
What do you guys think? Is it time to mine Ethereum? Should I just sell my GPU now