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No RX580 cards to be had at reasonable price - wait it out or deal with a 1060?

J

juliancs

macrumors 6502
Original poster
Aug 24, 2006
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I'm putting together a 5,1 build, and had eyed the RX580 as it came highly recommended and native support in OSX. All the links I had for the card have now sold out due to the mining surge, and the ones that have them in stock have had the price go from 300-500/600.

From my ignorant attempt at catching up on this forum, it seems the 1060 has driver issues. I'm not to bothered by no boot screen but I do some video/mograph work in OSX so would need it to run relatively decently there.

If I buy a PC 1060, do I have to flash it? And is it worth the hassle to get the drivers working in OSX or should I sit on my hands and hope the price of the RX 580s goes down? Shortage has been going on for a few months and the prices just keep rising.
 
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wait.

once vega rx is out that is where the ethereum miners will flock to no doubt (it has twice the TFLOPS and HBM).

should be a month or two.

there may well be a glut of RX series cards on the market when that happens.
 
throAU said:
wait.

once vega rx is out that is where the ethereum miners will flock to no doubt (it has twice the TFLOPS and HBM).

should be a month or two.

there may well be a glut of RX series cards on the market when that happens.
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Damn! I wanted to get my Mac Pro this week. I guess I could get a cheap 980 or similar to tide me over? Is the card going to be held back by being locked in pcie 1 in bootcamp?

Not sure about the ex-mining cards on eBay, unsure of how long they'd last after their previous job.

Appreciate your response. Thanks!
 
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juliancs said:
I'm just worried I might get priced out of the RX580, the prices only seem to be going up.
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ethereum pricing is going downwards over the past couple of weeks - which is what the cards are being bought for.

RX vega is due to drop any day now also.

buying any video card right now, if you can wait, is foolish imho. the mining craze will either die off as the price continues to drop, or the RX vega cards will take over as they are likely to be a lot better at it, based on AMDs history in this space.

(i say this as someone who owns a 480 since last year, and currently mining with it while the going is good. profit margin is 60% of what it was 3 weeks ago. hang in there a bit longer).

once ethereum stops being so profitable, and/or vega launches properly there will be a massive number of either brand new or 2-3 month old rx480/580 cards on the market i suspect.
 
throAU said:
ethereum pricing is going downwards over the past couple of weeks - which is what the cards are being bought for.

RX vega is due to drop any day now also.

buying any video card right now, if you can wait, is foolish imho. the mining craze will either die off as the price continues to drop, or the RX vega cards will take over as they are likely to be a lot better at it, based on AMDs history in this space.

(i say this as someone who owns a 480 since last year, and currently mining with it while the going is good. profit margin is 60% of what it was 3 weeks ago. hang in there a bit longer).

once ethereum stops being so profitable, and/or vega launches properly there will be a massive number of either brand new or 2-3 month old rx480/580 cards on the market i suspect.
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Alright, I guess I'll have to wait it out. I did see the E prices going down already. Thanks!
 
Are we talking about new or second hand RX580's, once everyone moves to Vega? Even the 280X has doubled in price on the second hand market. Plus I don't really want a second hand 580 that's been running 100% 24/7 for 6 months.

I suppose I've answered my own question that new is the only option.
 
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Sharky II said:
Are we talking about new or second hand RX580's, once everyone moves to Vega? Even the 280X has doubled in price on the second hand market. Plus I don't really want a second hand 580 that's been running 100% 24/7 for 6 months.

I suppose I've answered my own question that new is the only option.
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new pricing will return to normal once demand slows.
 
There are shortages of all RX4 and RX5 cards with at least 4GiB VRAM now.

Most R9's are also affected.

The same goes for all GTX 1060 and 1070.
 
Update:
Mining profitability for RX480 vs ethereum for me has dropped by about 50-60 percent in the last week.

Currently, the GPU is only paying for say, 2-3x the cost of its power consumption at this point. (2.4kw/h per day (which IIRC costs me say 50-60c plus the rest of the PC) bringing in $2.18 AUD in mining hash power selling).

So, if the price of ether keeps dropping the way it has been for the past 2 weeks, expect GPU miners to start giving up until the price rebounds (which, if a heap of them give up, could be pretty rapid, maybe not).

So i'd give it another few weeks.

Look up an ethereum mining profit calculator (web search), monitor how much money the GPU you are considering can make and how long it would take to pay itself off. Last month an RX480 would pay for itself in 55-60 days, now it would be more like 150-180 days - and i just don't think people are going to buy new GPUs based on that pay off especially when the price seems to still be sliding.

Right now with GPU pricing the way it is and ether price crash the way it is, i very much doubt people will be buying new cards for mining for much longer if at all, so supply chain should catch up.
 
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Sharky II said:
Are we talking about new or second hand RX580's, once everyone moves to Vega? Even the 280X has doubled in price on the second hand market. Plus I don't really want a second hand 580 that's been running 100% 24/7 for 6 months.

I suppose I've answered my own question that new is the only option.
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For me, if the GPU still has >1 year warranty. I don't mind to buy a 2nd hand mining card (assume it's significantly cheaper than new card). As long as the warranty is there. I will treat it like someone did a half years stress test for me :D

By considering the RX580 still quite new, and lots of them has 2 years warranty. It shouldn't be that hard to get a card that still has a reasonable warranty period. Of course, that's just me. Because I know that I have backup card, and my computer is for leisure use, not for work or making money. Therefore, I don't mind to spend time on RMA.
 
If you really want a new 570 or 580 without the horrible price gouging and worrying about its past they still can be found but it takes some luck and perserverence.
Last night I finally was able to snag a saphire rx570 after about two weeks of half trying. With Chrome and a site like Nowinstock, you can just leave the 570 and 580 stock watch pages open on their own tabs while doing other work. If any show up for sale an alarm will sound and you have all of about one minute to dog pile on one before they sell out. Goodluck!
 
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IIcx said:
If you really want a new 570 or 580 without the horrible price gouging and worrying about its past they still can be found but it takes some luck and perserverence.
Last night I finally was able to snag a saphire rx570 after about two weeks of half trying. With Chrome and a site like Nowinstock, you can just leave the 570 and 580 stock watch pages open on their own tabs while doing other work. If any show up for sale an alarm will sound and you have all of about one minute to dog pile on one before they sell out. Goodluck!
Click to expand...

Thanks for the info. Just got a 580 8GB (without the ridiculously inflated price) from Newegg thanks to that site.
 
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FYI guys, looks like the mining craze is probably over for now.

Ethereum difficulty level just rose to the point where you're barely making $1 per day (instead of $5-6 per day a month or two back), so i doubt people are going to be buying new RX series cards for mining any time soon.

(per card i mean, in terms of money earned)
 
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580s are starting to show up all over Craigslist and the price is still high, but quickly going down as they aren’t selling.
 
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