4 ms·
GPU trading? More profitable than buying the underlying currency since GPU's in relatively good condition always hold a certain value? High levels of correlati
by corporateslave2 9y ago
GPU trading? More profitable than buying the underlying currency since GPU's in relatively good condition always hold a certain value?
High levels of correlation with BTC and ETH, along with other cryptocurrency, but a floor on how low it can go.
Pays off while holding by mining coins. Much like a dividend.
- WatchDog 9y agoComputer hardware depreciates rapidly, and is expensive to trade(shipping/testing/labour).
- TazeTSchnitzel 9y agoAlso, said depreciation is intensified by cryptocurrency mining. It's basically GPU torture and buyers in the used market are (rightly) distrustful of GPUs that appear to have been used for mining.
- zanny 9y agoIt depreciates to a point. An i7 2600 depreciated about half its value when the next generation came out, but 5 years later it still sells used for 40% of its MSRP. The era of older chips being downright worthless passed circa anything since ~2006. The start of that era for GPUs was much more recent because they matured much more into recent times, but I would easily say anything from the AMD 4000 series or the Nvidia 400 series and up has held value long term. There is also some "classic" rebound for parts once they drop off the retail market. If a specific component in a system from 2012 dies, be it the motherboard; processor; or ram, the supply of replacement parts will gradually dwindle over time as old hardware breaks down. It makes what you have all the more valuable. I still have a near-complete Nehalem desktop with the original i7 920, which has a used retail price of around $30 (it depreciated a lot more than the aforementioned i7 2600k because there were still substantial IPC improvements between their generations) but my x58 deluxe motherboard can still be sold used for about $150-200. It has had a depreciation in 9 years of only about 30% from what I paid for it. Meanwhile the ram is almost worthless, mostly because DDR3 is still available in retail. This is also why its usually recommended to either buy new or buy the immediate last generation hardware on the cheap. Anything older becomes a scarce resource for repair purposes and can maintain value as such.
- avh02 9y agoI miss my 920, it was such a beast
- iak8god 9y agoA friend of mine flipped a brand new GPU on eBay for ~twice its MSRP last month. It'd be hard to do that consistently though, as the limited availability in stores was temporary, caused by the surge in ETH mining. Also the fees and risks involved in selling on eBay quickly eat away at the profits.
- wocram 9y agoWhat makes you say there's a floor?