- Aug 25, 2001
To butt into this thread unceremoniously, that's exactly what I think is happening. I went looking at Newegg just tonight at their RX 5700/5700XT cards. Pretty-much ALL OF THEM, that weren't being scalped for something obviously much above MSRP, were SOLD OUT.Some quick searches show that it isn't more efficient at mining than a 5700, so miners would get those before scooping up Ampere cards.
Ebay listings for BIN for popular RX 5700XT cards, NEW, were around $700-800. Just like the good ol' mining heydeys...
I snagged an XFX DD RX 5700 non-XT, for the mind-bendingly exorbitant price of $450. More than an RTX 3060 ti. IF ONLY they were in-stock and available, I wouldn't be reduced to that. But still, I should be able to make $45/mo using that card, at current earning rates, after electricity costs. It should therefore pay for itself after 10-12 months. Free fancy expensive PC hardware, hard to say NO to that. (Other than having the initial investment up-front, and a place to run the cards with adequate cooling and power.) I'm just a "hobby miner" though, I don't actually have a real "farm". Just a few gaming PCs, and one purpose-built mining rig in a Rosewill mining server chassis, which worked out surprisingly well.
If newest-gen GPUs start being in-stock at non-scalper prices, regularly, I may sell off some of my current fleet of cards, and buy some newer ones. In truth, perhaps, I should be selling off my fleet now, while the market is hot. But I have fun mining, gives my meager life some purpose, and gives me grocery money.