Should You Buy A Used Mining GPU?
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Date: 2022-03-15
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Comments and reviews: 10
ChartaBona
Most used mining cards are just going to make their way from small-time miners to large-scale mining operations, since they have the resources to weather the storm 'til the next crypto cycle. These companies aren't going to let cheap full hashrate 3060Ti's, 3070's and 3080's fall into the hands of gamers.
Source: I spoke to a secondhand GPU buyer who works for a solar-powered mining company. His job is to go around and buy cards off of scalpers & miners, and to trade LHR cards plus cash for gamers' non-LHR versions. It was very important for him to have proper documentation, (e. g. receipts, original box with matching serial numbers) so that they would be able to RMA the product.
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Most used mining cards are just going to make their way from small-time miners to large-scale mining operations, since they have the resources to weather the storm 'til the next crypto cycle. These companies aren't going to let cheap full hashrate 3060Ti's, 3070's and 3080's fall into the hands of gamers.
Source: I spoke to a secondhand GPU buyer who works for a solar-powered mining company. His job is to go around and buy cards off of scalpers & miners, and to trade LHR cards plus cash for gamers' non-LHR versions. It was very important for him to have proper documentation, (e. g. receipts, original box with matching serial numbers) so that they would be able to RMA the product.
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fturla
I would never buy a crypto-mining video card that has already been mining for months at retail prices or higher. These cards have some wear and tear and paying more than half the original value is overpaying for something that could break down much sooner. Do you have a choice? If buying a new card means paying more than four times the original sale price and used price, then a buyer has an almost irresistible urge to buy a used item because the market value pricing of new goods appears too high.
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I would never buy a crypto-mining video card that has already been mining for months at retail prices or higher. These cards have some wear and tear and paying more than half the original value is overpaying for something that could break down much sooner. Do you have a choice? If buying a new card means paying more than four times the original sale price and used price, then a buyer has an almost irresistible urge to buy a used item because the market value pricing of new goods appears too high.
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The
There's not really a reason there would be no warranty if the warranty hasn't expired. Sure, I can see some companies not honoring the warranty if you weren't the original purchaser, but with a company like EVGA, the warranty follows the card. And there's no way for them to know if the card had been used for mining or not, and they would have prove that mining was what caused the failure, even if they were able to find out.
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There's not really a reason there would be no warranty if the warranty hasn't expired. Sure, I can see some companies not honoring the warranty if you weren't the original purchaser, but with a company like EVGA, the warranty follows the card. And there's no way for them to know if the card had been used for mining or not, and they would have prove that mining was what caused the failure, even if they were able to find out.
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pcworld
Sorry, unless i can get one under 250. 00, no way am i buying used. I can live with losing 200. 00 should the card fail quickly or worse, but losing more than that is just not wise. And Im not trusting anything a stranger says. Theyre used, hours of usages. Non Stop. And I doubt anyone is gonna sell them cheaper than 250-300, so no. Ill wait. Paying anymore will just make things worse, at least from the short term.
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Sorry, unless i can get one under 250. 00, no way am i buying used. I can live with losing 200. 00 should the card fail quickly or worse, but losing more than that is just not wise. And Im not trusting anything a stranger says. Theyre used, hours of usages. Non Stop. And I doubt anyone is gonna sell them cheaper than 250-300, so no. Ill wait. Paying anymore will just make things worse, at least from the short term.
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1031ent
You are better off buying a used GPU from a miner than a gamer. Miners tend to undervolt their GPU's which often means it runs at a lower temperature and the fan is used less. Also the worst things for electronics are temperature changes and power surges, which mostly happen from turning the computer off and on. Miners try to leave their machines on 24/7/365 as they lose profits when they are down.
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You are better off buying a used GPU from a miner than a gamer. Miners tend to undervolt their GPU's which often means it runs at a lower temperature and the fan is used less. Also the worst things for electronics are temperature changes and power surges, which mostly happen from turning the computer off and on. Miners try to leave their machines on 24/7/365 as they lose profits when they are down.
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leo
hell no. for so many reasons.
on principle. unless sold for cheap
mem clock overclock.
fans might crap out. have to worry about replacing.
warranty like you mentioned
with a gamer you at least have someone who cares about his ebay score. unlike a miner who dumps x cards and walks away
unless the price is right, I'd avoid them.
let them sit on them and sell them for cheap
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hell no. for so many reasons.
on principle. unless sold for cheap
mem clock overclock.
fans might crap out. have to worry about replacing.
warranty like you mentioned
with a gamer you at least have someone who cares about his ebay score. unlike a miner who dumps x cards and walks away
unless the price is right, I'd avoid them.
let them sit on them and sell them for cheap
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idstealth
At this point I would not buy a used mining GPU no matter how much it was babied simply out of spite toward miners who put us in GPU supply hell for the last two years to waste electricity and destroy the environment for something as pointless as cryptocurrency. I want them to suffer all the consequences of their myopic greed. I will HODL until GPU supply and prices return to normal.
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At this point I would not buy a used mining GPU no matter how much it was babied simply out of spite toward miners who put us in GPU supply hell for the last two years to waste electricity and destroy the environment for something as pointless as cryptocurrency. I want them to suffer all the consequences of their myopic greed. I will HODL until GPU supply and prices return to normal.
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ABMNS
Because Chinese government tells you they banned crypto-currencies in China, that does not mean you should trust every single of their words. The real questions you should ask yourself in first place: Is there actually any freedom of press in China? Does the -websites- reporting all these news are actually real news/press agencies? How can you actually verify all these news?
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Because Chinese government tells you they banned crypto-currencies in China, that does not mean you should trust every single of their words. The real questions you should ask yourself in first place: Is there actually any freedom of press in China? Does the -websites- reporting all these news are actually real news/press agencies? How can you actually verify all these news?
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Mr.
Regardless of the cards condition and price, as a matter of principle I would never buy a card that has been used for crypto-mining.
These mining farms are an ecological nightmare that don't have a reason for existing, let them be stuck with their used cards.
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Regardless of the cards condition and price, as a matter of principle I would never buy a card that has been used for crypto-mining.
These mining farms are an ecological nightmare that don't have a reason for existing, let them be stuck with their used cards.
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1031ent
I see a lot of gamers with a superority complex just looking for somone to be pissed off at. Do you think Toyota cares who buys their cars? No we are all just consumers. Newsflash there is a shortage of everything in the pandemic.
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I see a lot of gamers with a superority complex just looking for somone to be pissed off at. Do you think Toyota cares who buys their cars? No we are all just consumers. Newsflash there is a shortage of everything in the pandemic.
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