AMD have beaten Nvidia to the post with the release of the very first Cryptocurrency dedicated
mining GPU. Sapphire will be releasing their RX 470 and RX 560 cards dedicated to mining very
soon with pre-release versions showing up in China.
They will be releasing a range of RX 470 mining addition cards starting at £249 the RX 560 will will retail at £170.
Most of these cards will not have ports of any kind are the RX 560. The RX 470 will hit 25 to 28 MHz similar to
their full blown versions.
These cards with will only come with a one-year reduced warranty alluding to their high intensity use.
Given that these cards will only be slightly cheaper than their full-blown cousins and considering that
their resale value will be very low, I am unsure if this is a good move with by Sapphire and AMD.
So let's look at the economics of purchasing one of these cards:
Regular RX 470 Mining RX 470
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EST: $170 USD EST: $150 USD
Hashrate: 25–28 MH/s Hash rate: 25–28 MH/s
ROI: 2-3 months ROI: 2 -3 months
Resale: $100 USD Resale: $0 – $20 USD
The reason I chose to estimate the mining RX 470’s resale value as $0-$20 is the fact that once these cards have become unprofitable and you try to sell them on eBay etc, buyers will know that this GPU was purchased solely for mining and therefore has probably been thrashed to within an inch of its life. Would you be willing to purchase one of these used on eBay ?
If this move will increase the amount of GPU's on the market for gamers and the like considering the current shortage, then so be it but personally, I cannot see this move from paying off. What do you think ?