Radeon R9-290X Prices Hit $900 In the US

Discussion in 'Frontpage news' started by 91LudeSiT, Feb 15, 2014.

  1. cowie

    cowie Ancient Guru

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    Jeez I have to start mining with my stuff
     
  2. mikeysg

    mikeysg Ancient Guru

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    *looks at own HD7970 and 2x R9 290X*:nerd:

    Was at a shop looking at water cooling parts for my 290X'es, struck up a conversation with the salesman there. Apparently, he has a customer who's mining with 14 rigs, all fitted with R9 290's....his customer said all his equipment would be fully paid for in a matter of weeks.
     
  3. k3vst3r

    k3vst3r Ancient Guru

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    Yeah, people like that earning 100's of thousand dollars a year
     
  4. zer0_c0ol

    zer0_c0ol Ancient Guru

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    Amd struck gold...
     

  5. PhazeDelta1

    PhazeDelta1 Ancient Guru

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    There is profit in it if your willing to shell out that initial investment. My sister's boyfriend has already paid off both his vehicles by mining.
     
  6. mikeysg

    mikeysg Ancient Guru

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    Heard he's making about 200USD a day, can this be true?
     
  7. k3vst3r

    k3vst3r Ancient Guru

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    Yeah it's true, basically more resources you throw at it, bigger return you can make.
     
  8. Straykatt

    Straykatt Maha Guru

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    What is bit coin mining? How does it net you money to buy cars? I'm barely making over 50K a year. I want easy street too. How is a Radeon grafix providing 100k to its customers?
     
  9. k3vst3r

    k3vst3r Ancient Guru

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    100k+ means many cards like 30 or more of them

    use AMD graphics card to mine cryptocurrency via pools

    read the basics http://en.wikipedia.org/wiki/Cryptocurrency
     
    Last edited: Feb 15, 2014
  10. 0blivious

    0blivious Ancient Guru

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    I'm still a skeptic (I am by default) but that's pretty awesome to hear it worked so well for you. I've been waiting to see how some friends fare with all this. I just wonder at what point is it oversaturated with miners?
     

  11. Agonist

    Agonist Ancient Guru

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    This is me. I ****ing hate this mining crap. I want AMD cards again, a single nice one would be awesome. I found 2 brand new never used Saphire 6950 2g for $300 with a few games never activated either. So Im going that route. AMD card prices and availibity are rather crap right now.
     
  12. SHOCKTRUPPEN

    SHOCKTRUPPEN Banned

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    mining

    Better hurry up and make your money, Dept U.S. Treasury, I.R.S.,Secret Service, are investigating and preparing a large scale operation to squash all this. So put some of that "gold" aside for your lawyers fees:banana:
     
  13. Denial

    Denial Ancient Guru

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    Source? Aside from taxing capital gains what else can they possibly due, especially something that would require a lawyer?
     
  14. Norvekh

    Norvekh Ancient Guru

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    I'm amazed at how cryptocurrencies took off like they did. Irritated at the shakeup they've done for graphics cards too though. Oh, well, I'll just continue to use my 7970 and wait for the next series and see how those go. My card still happily throws everything I have at 2560x1440 already and I suspect it won't be until next year that we'll really see the bump up in specs again.
     
  15. (.)(.)

    (.)(.) Banned

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    This.
    While i dont like the way current money/wealth etc is handled, im even more annoyed at the fact that while money doesn't grow on trees, it apparently can reside within gpus.

    That was a **** attempt at an analogy.:nerd:
     

  16. Loophole35

    Loophole35 Ancient Guru

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    US government is looking to pin money laundering on crypto-currencies. They don't like you crapping on their baby the Federal Reserve.
     
  17. Rich_Guy

    Rich_Guy Ancient Guru

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    According to Fudz, even at those high prices, they are still selling like hot-cakes :(
     
  18. k3vst3r

    k3vst3r Ancient Guru

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    It's only cause people make the money back by mining plus interest
     

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