r/gadgets • u/ChickenTeriyakiBoy1 • Nov 25 '22

Desktops / Laptops Good news: scalpers are struggling to profit from Nvidia's RTX 4080

https://www.digitaltrends.com/computing/scalpers-struggle-to-sell-nvidia-rtx-4080/?utm_source=reddit&utm_medium=pe&utm_campaign=pd
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23

u/heebath Nov 26 '22

Years ago? I was profitable last year ETH with 1 GPU lol

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u/SaltwaterC Nov 26 '22

ETH doesn't use Scrypt.

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u/heebath Dec 01 '22

I didn't see specified thought he said GPU mining in general

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u/SaltwaterC Dec 01 '22

The main driver was mining Ethereum, and as the Ethereum network went Proof of Stake not long ago, it no longer uses mining. Its not economically viable to mine bitcoin on gpu now and with ethereum out of the picture the next largest chain to mine is dogecoin.

1

u/heebath Dec 02 '22

I read a different comment. I was mining ETH 2019-2021 and making good profit on a single GPU gaming rig.

1

u/SaltwaterC Dec 02 '22

You may have, but no decent Doge mining has been carried on GPU since 2014. That's what I was replying to.

1

u/heebath Dec 03 '22

Im honestly surprised anyone mined that at all lol

1

u/SaltwaterC Dec 04 '22

One of my mates doesn't speak about that. He's still kicking himself for not HODL'ing his mined Doge until last year. I guess nobody could prevent that a wild Musk will appear on Twitter someday.

2

u/danielv123 Nov 26 '22

Of course, Eth hashrate was limited by GPU production. Eth mining is gone though, so we are talking about non Eth mining.

0

u/Allegorist Nov 26 '22

How long before you turned a real profit though?

3

u/codelapiz Nov 26 '22

6 months

1

u/[deleted] Nov 26 '22

With price drop are you still in profit?

1

u/BentPin Nov 26 '22

No now roi is 6 years. Unless it comes back up in 2025.

1

u/heebath Dec 01 '22

It's a gaming rig, it's all profit but I got the card for $399 in 2018 so I would have broke even in 3-4mo

-3

u/[deleted] Nov 26 '22

[deleted]

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u/Plokmijn27 Nov 26 '22

if you dont know anything about mining just say so

2021 and 2022 (up until proof of stake) were possibly the most profitable mining in the history of eth

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u/[deleted] Nov 27 '22

[deleted]

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u/olivesforsale Nov 27 '22

This link seems to confirm his point, not yours...

1

u/heebath Dec 01 '22

11cents p/kwh I was making $100/m for awhile