I made this thread just to advise all you guys waiting to upgrade your GPUs to be very careful in upcoming days.
As you all know probably already know; Due to the recent surge in the price of all Cryptos like BTC, ETH, LTC etc. , the prices of GPUs (especially High-end GPUs) have skyrocketed as they're used for mining them.
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Crypto downtrend (bearmarket) is here with BTC dropping almost 50% already, and now, amateur miners that have soaked up these GPUs will try to dump them in markets at throw away rates to cut their losses. These GPUs used for mining are constantly stressed around 100% load making them run very hot. Most people mine ETH (Ethereum) with GPUs which puts most stress on the VRAM of the Graphics card instead of GPU, and due to being constantly stressed, their lives shorten. 3 month mining is equal to like 2 years of gaming stress on the GPU. Some people also Dual mine with their GPUs to increase profit like ETH + some other GPU intensive coin, and that is even more stressful for the card.
Very soon, you'll see markets (both online & offline) flooded with used GPUs at dirt cheap prices. BE VERY CAREFUL when buying these GPUs as they've been stressed out to hell, and may not have much left in the tank.
Also, do note that this downtrend could be temporary and we might start reversing & rallying again further decreasing the availability of computer parts & increasing prices.
My advice is to check the following before buying a used GPU in the coming days -
1: Ask the seller whether the GPU has been used for mining. If it has, then try and buy it cheaper & ask for at least 1 month checking warranty.
2: Check the GPU for any yellowish brownish burns on the back side. Avoid those like plague!
3: Prefer to buy a GPU with local warranty. That'll give you a peace of mind.
4: Don't buy an opened / repaired GPU. Check for seals or screws.
5: Try & avoid RX 470,480,570,580 & GTX 1060 6gb & GTX 1070 because they're the most profitable GPUs.
6: Also wait a week or two before buying a new GPU as you'll get a much much better price then.
7: Stress test the GPU with furmark and check some games on it. GTAV is an excellent test as it stresses everything in the Graphics card.
Good luck & Happy gaming!
As you all know probably already know; Due to the recent surge in the price of all Cryptos like BTC, ETH, LTC etc. , the prices of GPUs (especially High-end GPUs) have skyrocketed as they're used for mining them.
::
::
::
Crypto downtrend (bearmarket) is here with BTC dropping almost 50% already, and now, amateur miners that have soaked up these GPUs will try to dump them in markets at throw away rates to cut their losses. These GPUs used for mining are constantly stressed around 100% load making them run very hot. Most people mine ETH (Ethereum) with GPUs which puts most stress on the VRAM of the Graphics card instead of GPU, and due to being constantly stressed, their lives shorten. 3 month mining is equal to like 2 years of gaming stress on the GPU. Some people also Dual mine with their GPUs to increase profit like ETH + some other GPU intensive coin, and that is even more stressful for the card.
Very soon, you'll see markets (both online & offline) flooded with used GPUs at dirt cheap prices. BE VERY CAREFUL when buying these GPUs as they've been stressed out to hell, and may not have much left in the tank.
Also, do note that this downtrend could be temporary and we might start reversing & rallying again further decreasing the availability of computer parts & increasing prices.
My advice is to check the following before buying a used GPU in the coming days -
1: Ask the seller whether the GPU has been used for mining. If it has, then try and buy it cheaper & ask for at least 1 month checking warranty.
2: Check the GPU for any yellowish brownish burns on the back side. Avoid those like plague!
3: Prefer to buy a GPU with local warranty. That'll give you a peace of mind.
4: Don't buy an opened / repaired GPU. Check for seals or screws.
5: Try & avoid RX 470,480,570,580 & GTX 1060 6gb & GTX 1070 because they're the most profitable GPUs.
6: Also wait a week or two before buying a new GPU as you'll get a much much better price then.
7: Stress test the GPU with furmark and check some games on it. GTAV is an excellent test as it stresses everything in the Graphics card.
Good luck & Happy gaming!
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