AMD Radeon RX 6700 XT slower than RX 5700 XT in Ethereum mining –

1 : Anonymous2021/03/13 17:18 ID: m4aoje
AMD Radeon RX 6700 XT slower than RX 5700 XT in Ethereum mining -
2 : Anonymous2021/03/13 17:48 ID: gqtgayx

In 2021, that is a feature.

ID: gqtm0yi

However, unless there are 5700 XT's in stock... This will still sell out.

3 : Anonymous2021/03/13 18:43 ID: gqtmn6x

I that case... i am ready to trade my reference RX 5700 XT from Sapphire for reference RX 6700 XT from Sapphire 🙂

As a fellow gamer i can humbly help fellow miners in these difficult times of scarcity 🙂

4 : Anonymous2021/03/13 17:18 ID: gqtcvjp


5 : Anonymous2021/03/13 17:27 ID: gqtdtwu

Great new!

It's not really surprising with the smaller memory bus.

6 : Anonymous2021/03/13 18:13 ID: gqtj4vd

In 2017 Nvidia didn't have the best option, but since it was the only thing available they sold like crazy to mining outfits, its actually when Nvidia learned what AMD had back in 2012 in regarding to overproduction to meeting the insane demand. This product won't be safe from the mining craze

7 : Anonymous2021/03/13 18:15 ID: gqtjfrh

Good to hear.

8 : Anonymous2021/03/13 18:17 ID: gqtjocy

How much/day could I get from a 5700XT?

ID: gqtoh3k

About $6 a day

9 : Anonymous2021/03/13 18:46 ID: gqtn1hc

ha! so that means people will actually be able to buy one?

ID: gqtpohc


10 : Anonymous2021/03/13 18:52 ID: gqtnp84

Doesn’t help one bit when both are produced at 7nm

11 : Anonymous2021/03/13 19:07 ID: gqtpe1j

Miners will buy any recent gpu anyway. Are there abundant amount of 5700xt in the market? No so they will buy what ever they can buy.

12 : Anonymous2021/03/13 19:26 ID: gqtrmdr

Cue the Always Sunny Boo Hoo Meme

13 : Anonymous2021/03/13 18:05 ID: gqti783

Yah those new amd GPUs aren't great for ETH, the 3060ti is a better value, both in gaming and mining, game during the day and mine at night and you will get a quick RoI, only reason to keep PC gaming lmao, the hardware pays back for itself.

ID: gqtomm7

I disagree that it is a better value for gaming. Ignoring that they go for $600+ msrp now, the 6700XT matches the performance of the RTX 3070 according to early benchmarks, and that isn't even counting the Nvidia driver overhead issue, which will be more important since a 6700XT or 3060ti class card is much more likely to not be paired with a top-end 5950x.

ID: gqtmmgl

I got my 3060Ti near MSRP ($460) December and it has paid like $250 already lol.

Probably it would be more if it wasn't I play sometimes in the day.

ID: gqto72u

Yeah that's what I don't get about the anti mining in this sub reddit and

you can still use your own GPU for mining and get some of your money back.

My 3070 has gotten be almost my full price back. It was a FTW 3 Ultra also.

14 : Anonymous2021/03/13 18:17 ID: gqtjmle

That’s bad news.

Gonna make it even harder to get graphics cards. Miners will only be after profitable skus so the 5700xt, and all the Nvidia GPUs minus the 3060 will be next to impossible to get for the foreseeable future.

Also, as a gamer you won’t necessarily want a Rx 6700xt, 6800, or 6800xt because the resale value compared to price will be much worse short and long term.

ID: gqtmn88

Couldn't be more wrong. The resale market is all sorts of messed up, the pricing should not be anywhere near what used cards are going for now. As a gamer your intent should not be looking to profit from the sale of the card after using it when a new product cycle starts. Other used markets (cars for example) do not work like this. What is going on right now is a complete anomaly, and will eventually the bubble will burst, and hopefully this is the pin to do it.

The 6700xt is looking to be the sweet spot for gamers, even upgrading from a 5700xt.

ID: gqtmrck

You have it almost all wrong.
The long term resale value of cards that mine well is low, as they're not the latest gen for gaming (thanks to Infinity Cache). That their short term resale value is high/insane right now is because of the mining bubble.
As you say, these RDNA2 cards don't change the status quo for the previous products, because they don't compete with them at mining. This is good and means they'll only be in demand by actual gamers, not also those planing to justify insane prices by getting in, mining & getting out quick before the bubble bursts.


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