• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Cryptocurrency Miners Selling RTX 3060 Cards For 270 USD in China

Joined
Mar 31, 2020
Messages
1,519 (1.04/day)
The Chinese government imposed harsh restrictions on cryptocurrency transactions last month which forced many mining farms to relocate or shut down and sell their equipment. This mass exodus has helped drive graphics card pricing downwards and according to recent reports, the price for RTX 3060 cards has hit a low of 270 USD (1760 yuan). These prices appear to be limited and only available for large purchases in China however as more farms are forced to sell we may see some cards listed for individual or international sale. Gaming laptops with RTX 3060 graphics cards that were purchased for mining farms are also entering the market for ~1000 USD. While the RTX 3060 cards currently represent the best value mining operations are selling a wide variety of NVIDIA and AMD graphics cards. These prices have been falling steadily over the last week so we wouldn't be surprised if they continue to drop.



View at TechPowerUp Main Site
 
Joined
Nov 16, 2016
Messages
4 (0.00/day)
This is all fake news, these people do NOT really want to sell the graphic cards, they just want to interfere with the price of the graphics card.
In fact, they do NOT have any graphic cards for sale, and the picture is stolen from other miners.
They conduct this kind of behavior in an organized manner, and their secret code is dddd, in order to put a lot of fake graphics cards on the shelves to achieve the purpose of preventing the scalpers from trading normally.
 
Joined
Sep 28, 2005
Messages
3,148 (0.47/day)
Location
Canada
System Name PCGR
Processor 12400f
Motherboard Asus ROG STRIX B660-I
Cooling Stock Intel Cooler
Memory 2x16GB DDR5 5600 Corsair
Video Card(s) Dell RTX 3080
Storage 1x 512GB Mmoment PCIe 3 NVME 1x 2TB Corsair S70
Display(s) LG 32" 1440p
Case Phanteks Evolve itx
Audio Device(s) Onboard
Power Supply 750W Cooler Master sfx
Software Windows 11
This is all fake news, these people do NOT really want to sell the graphic cards, they just want to interfere with the price of the graphics card.
In fact, they do NOT have any graphic cards for sale, and the picture is stolen from other miners.
They conduct this kind of behavior in an organized manner, and their secret code is dddd, in order to put a lot of fake graphics cards on the shelves to achieve the purpose of preventing the scalpers from trading normally.
I have read this as well. Apparently these are fake listings and people are all jumping on it.
 

Palingene

New Member
Joined
Sep 29, 2020
Messages
1 (0.00/day)
This is all fake news, these people do NOT really want to sell the graphic cards, they just want to interfere with the price of the graphics card.
In fact, they do NOT have any graphic cards for sale, and the picture is stolen from other miners.
They conduct this kind of behavior in an organized manner, and their secret code is dddd, in order to put a lot of fake graphics cards on the shelves to achieve the purpose of preventing the scalpers from trading normally.
Yeah you're right, the Chinese graphic card comsumers are now devided into gamers and miners. Now the Gamers are rushing the second hand market with fake listings to prevent the miners from selling these used cards.
 
Joined
Feb 11, 2009
Messages
5,389 (0.98/day)
System Name Cyberline
Processor Intel Core i7 2600k -> 12600k
Motherboard Asus P8P67 LE Rev 3.0 -> Gigabyte Z690 Auros Elite DDR4
Cooling Tuniq Tower 120 -> Custom Watercoolingloop
Memory Corsair (4x2) 8gb 1600mhz -> Crucial (8x2) 16gb 3600mhz
Video Card(s) AMD RX480 -> ... nope still the same :'(
Storage Samsung 750 Evo 250gb SSD + WD 1tb x 2 + WD 2tb -> 2tb MVMe SSD
Display(s) Philips 32inch LPF5605H (television) -> Dell S3220DGF
Case antec 600 -> Thermaltake Tenor HTCP case
Audio Device(s) Focusrite 2i4 (USB)
Power Supply Seasonic 620watt 80+ Platinum
Mouse Elecom EX-G
Keyboard Rapoo V700
Software Windows 10 Pro 64bit
This is all fake news, these people do NOT really want to sell the graphic cards, they just want to interfere with the price of the graphics card.
In fact, they do NOT have any graphic cards for sale, and the picture is stolen from other miners.
They conduct this kind of behavior in an organized manner, and their secret code is dddd, in order to put a lot of fake graphics cards on the shelves to achieve the purpose of preventing the scalpers from trading normally.
Ermm ok, good
 
Joined
Feb 18, 2013
Messages
2,178 (0.54/day)
Location
Deez Nutz, bozo!
System Name Rainbow Puke Machine :D
Processor Intel Core i5-11400 (MCE enabled, PL removed)
Motherboard ASUS STRIX B560-G GAMING WIFI mATX
Cooling Corsair H60i RGB PRO XT AIO + HD120 RGB (x3) + SP120 RGB PRO (x3) + Commander PRO
Memory Corsair Vengeance RGB RT 2 x 8GB 3200MHz DDR4 C16
Video Card(s) Zotac RTX2060 Twin Fan 6GB GDDR6 (Stock)
Storage Corsair MP600 PRO 1TB M.2 PCIe Gen4 x4 SSD
Display(s) LG 29WK600-W Ultrawide 1080p IPS Monitor (primary display)
Case Corsair iCUE 220T RGB Airflow (White) w/Lighting Node CORE + Lighting Node PRO RGB LED Strips (x4).
Audio Device(s) ASUS ROG Supreme FX S1220A w/ Savitech SV3H712 AMP + Sonic Studio 3 suite
Power Supply Corsair RM750x 80 Plus Gold Fully Modular
Mouse Corsair M65 RGB FPS Gaming (White)
Keyboard Corsair K60 PRO RGB Mechanical w/ Cherry VIOLA Switches
VR HMD Pico 4 128GB AIO VR Headset* (* = in consideration of getting one)
Software Windows 10 Professional x64 (Update 22H2)
no way a used 3060 could go until below MSRP. When they say "selling in bulks" means it won't even reach on ebae, let alone on bozos-zon.
 
Joined
Feb 15, 2019
Messages
1,525 (0.82/day)
System Name Personal Gaming Rig
Processor Ryzen 7800X3D
Motherboard MSI X670E Carbon
Cooling MO-RA 3 420
Memory 32GB 6000MHz
Video Card(s) RTX 4090 ICHILL FROSTBITE ULTRA
Storage 4x 2TB Nvme
Display(s) Samsung G8 OLED
Case Silverstone FT04
So a miner hiding inside a hydroelectric power plant, stealing electricity for mining all the time, inside a region where "Crypto mining is illegal"

Welp.
 
Joined
Feb 23, 2019
Messages
5,581 (3.00/day)
Location
Poland
Processor Ryzen 7 5800X3D
Motherboard Gigabyte X570 Aorus Elite
Cooling Thermalright Phantom Spirit 120 SE
Memory 2x16 GB Crucial Ballistix 3600 CL16 Rev E @ 3800 CL16
Video Card(s) RTX3080 Ti FE
Storage SX8200 Pro 1 TB, Plextor M6Pro 256 GB, WD Blue 2TB
Display(s) LG 34GN850P-B
Case SilverStone Primera PM01 RGB
Audio Device(s) SoundBlaster G6 | Fidelio X2 | Sennheiser 6XX
Power Supply SeaSonic Focus Plus Gold 750W
Mouse Endgame Gear XM1R
Keyboard Wooting Two HE
So this news is at least 10 days old and you replaced 3070's price with 3060's. Well played.
 
Joined
Jan 3, 2015
Messages
2,873 (0.85/day)
System Name The beast and the little runt.
Processor Ryzen 5 5600X - Ryzen 9 5950X
Motherboard ASUS ROG STRIX B550-I GAMING - ASUS ROG Crosshair VIII Dark Hero X570
Cooling Noctua NH-L9x65 SE-AM4a - NH-D15 chromax.black with IPPC Industrial 3000 RPM 120/140 MM fans.
Memory G.SKILL TRIDENT Z ROYAL GOLD/SILVER 32 GB (2 x 16 GB and 4 x 8 GB) 3600 MHz CL14-15-15-35 1.45 volts
Video Card(s) GIGABYTE RTX 4060 OC LOW PROFILE - GIGABYTE RTX 4090 GAMING OC
Storage Samsung 980 PRO 1 TB + 2 TB - Samsung 870 EVO 4 TB - 2 x WD RED PRO 16 GB + WD ULTRASTAR 22 TB
Display(s) Asus 27" TUF VG27AQL1A and a Dell 24" for dual setup
Case Phanteks Enthoo 719/LUXE 2 BLACK
Audio Device(s) Onboard on both boards
Power Supply Phanteks Revolt X 1200W
Mouse Logitech G903 Lightspeed Wireless Gaming Mouse
Keyboard Logitech G910 Orion Spectrum
Software WINDOWS 10 PRO 64 BITS on both systems
Benchmark Scores Se more about my 2 in 1 system here: kortlink.dk/2ca4x
Fake or not. Do not buy any used mining cards. They been running non stop for god knows how long. Also even throw some miners lower the cards power use, it's still hard on the cards vram.

Don't touch them, let these greddy bastards burn in with all there E-waste. I hope they do, I will not feel sorry for them. In fact I would be laughing at them, if that was to actually happen.
 
Joined
Dec 30, 2010
Messages
2,082 (0.43/day)
Even if this is real, I won't want to touch these cards even with a steep discount. With questionable warranty and wear level, the card may just die after a few months of usage.

As long as it was properly cooled and perhaps even undervolted or downclocked, really i dont see an issue. Did you know that sudden spikes in heat / cooloff is far worse for a graphics card?
 
Joined
Dec 5, 2013
Messages
600 (0.16/day)
Location
UK
As long as it was properly cooled and perhaps even undervolted or downclocked, really i dont see an issue. Did you know that sudden spikes in heat / cooloff is far worse for a graphics card?
And how do you test for that before purchase to distinguish between some miner's that have done that vs pretty much everyone who copy / pastes that as a sales pitch whether they actually have or not? Reality = Some miner's undervolt the GPU core, but the memory still runs hot as f*** on many of them (which miner's who boast they "undervolted and ran their GPU core at 45c" regularly forget to mention). So whilst thermal cycling can reduce life over years, it's not half as damaging as running your GPU memory at +100c 24/7 for months on end, and overall mining is definitely not "healthier" for the card than gaming...
 
Last edited:
Joined
Jun 27, 2019
Messages
1,817 (1.05/day)
Location
Hungary
System Name I don't name my systems.
Processor i3-12100F 'power limit removed'
Motherboard Asus Prime B660-PLUS D4
Cooling ID-Cooling SE 224 XT ARGB V3 'CPU', 4x Be Quiet! Light Wings + 2x Arctic P12 black case fans.
Memory 4x8GB G.SKILL Ripjaws V DDR4 3200MHz
Video Card(s) Asus TuF V2 RTX 3060 Ti @1920 MHz Core/950mV Undervolt
Storage 4 TB WD Red, 1 TB Silicon Power A55 Sata, 1 TB Kingston A2000 NVMe, 256 GB Adata Spectrix s40g NVMe
Display(s) 29" 2560x1080 75 Hz / LG 29WK600-W
Case Be Quiet! Pure Base 500 FX Black
Audio Device(s) Onboard + Hama uRage SoundZ 900+USB DAC
Power Supply Seasonic CORE GM 500W 80+ Gold
Mouse Canyon Puncher GM-20
Keyboard SPC Gear GK630K Tournament 'Kailh Brown'
Software Windows 10 Pro
While I definitely wouldn't buy an ex miner GPU from China with no warranty but if its sold in my country and has local retailer warranty I don't mind. '1-2 years warranty is a must for me, miner or not'

My current RX 570 which I bought in 2018 September on the second hand market in my country, was an ex miner card and the previous owner didn't even try to deny it and was very open with it in general.
He bought the card in 2017 December 'I have his original purchase papers/warranty and such' so mined for a good half year on it or so and when I bought the card it still had almost 2 and half years warranty left on it.

The said card still works with no issues in my PC, fans are silent with a fixed 40-45% speed and temps never got out of hand either. 'I also have the card undervolted'

I did re paste and change thermal pads at the end of 2020 after it ran out of warranty just to feel safer and tbh nothing was in a bad shape when I took the card apart.

So ye under the right circumstances I don't mind buying miner/second hand cards, they aint worse than a gamer's card that was in a dirty case with no airflow and maybe even ran OCd for years. 'Cause many of those ppl can't be arsed to keep their system clean or do any kind of maintance'
 
Last edited:
Joined
Dec 28, 2012
Messages
3,475 (0.85/day)
System Name Skunkworks
Processor 5800x3d
Motherboard x570 unify
Cooling Noctua NH-U12A
Memory 32GB 3600 mhz
Video Card(s) asrock 6800xt challenger D
Storage Sabarent rocket 4.0 2TB, MX 500 2TB
Display(s) Asus 1440p144 27"
Case Old arse cooler master 932
Power Supply Corsair 1200w platinum
Mouse *squeak*
Keyboard Some old office thing
Software openSUSE tumbleweed/Mint 21.2
And how do you test for that before purchase to distinguish between some miner's that have done that vs pretty much everyone who copy / pastes that as a sales pitch whether they actually have or not? Reality = Some miner's undervolt the GPU core, but the memory still runs hot as f*** on many of them (which miner's who boast they "undervolted and ran their GPU core at 45c" regularly forget to mention). So whilst thermal cycling can reduce life over years, it's not half as damaging as running your GPU memory at +100c 24/7 for months on end, and overall mining is definitely not "healthier" for the card than gaming...
You really have no idea what you are talking about, do you?

Running at a consistent temperature, even if that temperature is high, is far less damaging to silicon then thermal cycling is. This is not new information, and the whole "ZoMg MiNiNg KiLlS cArDs!!!!" spiel has been proven wrong time and time again. The biggest cause of failure for GPUs is not silicon wear, its a broken solder joint under one of the chips. guess what causes those joints to break faster? Thermal cycling.

There's nothing wrong with using ex mining cards to game on. They'll likely be in far better shape then used cards from "gamers" at any rate.
 
Joined
May 8, 2018
Messages
1,495 (0.70/day)
Location
London, UK
soon you will be able to buy a 3080 for less than 400 usd, mark my words, this is 2018 all over, do not hurry to buy a gpu, wait patiently. Do not be an idiot and buy a 3060 for $1000, Let the idiots buy a 3060 for $1000 or more.
 
Joined
May 18, 2009
Messages
2,733 (0.50/day)
Location
MN
System Name Personal / HTPC
Processor Ryzen 5900x / i5-4460
Motherboard Asrock x570 Phantom Gaming 4 /ASRock Z87 Extreme4
Cooling Corsair H100i / stock HSF
Memory 32GB DDR4 3200 / 8GB DDR3 1600
Video Card(s) EVGA XC3 Ultra RTX 3080Ti / EVGA RTX 3060 XC
Storage 500GB Samsung Pro 970, 250 GB SSD, 1TB & 500GB Western Digital / 2x 4TB & 1x 8TB WD Red
Display(s) Dell - S3220DGF 32" LED Curved QHD FreeSync Monitor / 50" LCD TV
Case CoolerMaster HAF XB Evo / CM HAF XB Evo
Power Supply 850W SeaSonic X Series / 750W SeaSonic X Series
Mouse Logitech G502
Keyboard Black Microsoft Natural Elite Keyboard
Software Windows 10 Pro 64 / Windows 10 Home 64
none have surfaced on fleabay yet

I'm sure they will. Folks will buy some and then the stories of fake RTX 3060 will start popping up on tech forums and folks will be asking for help to identify the cards.....only to find out that they are some kind of monstrosity of a GTX 450 variant. In other words, retards will be duped into spending money on fake 30xx cards, like they have been for the 20xx series and 10xx series...and so on and so forth. So, nothing new.
 
Joined
Feb 20, 2020
Messages
9,156 (6.11/day)
Location
Louisianna
System Name Ghetto Rigs z490|x99|Acer 17 Nitro 7840hs/ 5600c40-2x16/ 4060/ 1tb acer stock m.2/ 4tb sn850x
Processor 10900k w/Optimus Foundation | 5930k w/Black Noctua D15
Motherboard z490 Maximus XII Apex | x99 Sabertooth
Cooling oCool D5 res-combo/280 GTX/ Optimus Foundation/ gpu water block | Blk D15
Memory Trident-Z Royal 4000c16 2x16gb | Trident-Z 3200c14 4x8gb
Video Card(s) Titan Xp-water | evga 980ti gaming-w/ air
Storage 970evo+500gb & sn850x 4tb | 860 pro 256gb | Acer m.2 1tb/ sn850x 4tb| Many2.5" sata's ssd 3.5hdd's
Display(s) 1-AOC G2460PG 24"G-Sync 144Hz/ 2nd 1-ASUS VG248QE 24"/ 3rd LG 43" series
Case D450 | Cherry Entertainment center on Test bench
Audio Device(s) Built in Realtek x2 with 2-Insignia 2.0 sound bars & 1-LG sound bar
Power Supply EVGA 1000P2 with APC AX1500 | 850P2 with CyberPower-GX1325U
Mouse Redragon 901 Perdition x3
Keyboard G710+x3
Software Win-7 pro x3 and win-10 & 11pro x3
Benchmark Scores Are in the benchmark section
Hi,
Guess they didn't make enough coin to move lol
 

ppn

Joined
Aug 18, 2015
Messages
1,231 (0.39/day)
Clearly they were shut down forsibly. they wouldn't start selling like that until ETH drops below $10 per gigahash of mining power. and we are long way from that still $65-75, but there is hope with the london POS fork in august. this would be halved to $40 and if eth drops from current 0.063 to 0.033 in relation to BTC, and then BTC itself drops to 15K. Overall don't buy mining card for more than 0.6 of MSRP and 2 years of remaining warranty that would be respected and not voided easily in the end in case it fails.
 
Last edited:
Joined
Jan 1, 2019
Messages
403 (0.21/day)
Clearly they were shut down forsibly. they wouldn't start selling like that until ETH drops below $10 per gigahash of mining power. and we are long way from that still $65-75, but there is hope with the london POS fork in august. this would be halved to $40 and if eth drops from current 0.063 to 0.033 in relation to BTC, and then BTC itself drops to 15K. Overall don't buy mining card for more than 0.6 of MSRP and 2 years of remaining warranty that would be respected and not voided easily in the end in case it fails.

All I know is mining is not as lucrative as it was given the lower prices in the market and prices for video cards have eased substantially
 
Joined
Sep 28, 2005
Messages
3,148 (0.47/day)
Location
Canada
System Name PCGR
Processor 12400f
Motherboard Asus ROG STRIX B660-I
Cooling Stock Intel Cooler
Memory 2x16GB DDR5 5600 Corsair
Video Card(s) Dell RTX 3080
Storage 1x 512GB Mmoment PCIe 3 NVME 1x 2TB Corsair S70
Display(s) LG 32" 1440p
Case Phanteks Evolve itx
Audio Device(s) Onboard
Power Supply 750W Cooler Master sfx
Software Windows 11
All I know is mining is not as lucrative as it was given the lower prices in the market and prices for video cards have eased substantially
it sure is if you got the cards at previous MSRP prices like I did. Otherwise, I agree, it isn't nearly as profitable. Per month I pay off a single card.
 
Joined
Jul 16, 2014
Messages
8,115 (2.29/day)
Location
SE Michigan
System Name Dumbass
Processor AMD Ryzen 7800X3D
Motherboard ASUS TUF gaming B650
Cooling Artic Liquid Freezer 2 - 420mm
Memory G.Skill Sniper 32gb DDR5 6000
Video Card(s) GreenTeam 4070 ti super 16gb
Storage Samsung EVO 500gb & 1Tb, 2tb HDD, 500gb WD Black
Display(s) 1x Nixeus NX_EDG27, 2x Dell S2440L (16:9)
Case Phanteks Enthoo Primo w/8 140mm SP Fans
Audio Device(s) onboard (realtek?) - SPKRS:Logitech Z623 200w 2.1
Power Supply Corsair HX1000i
Mouse Steeseries Esports Wireless
Keyboard Corsair K100
Software windows 10 H
Benchmark Scores https://i.imgur.com/aoz3vWY.jpg?2
So this news is at least 10 days old and you replaced 3070's price with 3060's. Well played.
the source article says 3060s if there was a typo, it was there originally.
 
Joined
Feb 20, 2019
Messages
7,194 (3.86/day)
System Name Bragging Rights
Processor Atom Z3735F 1.33GHz
Motherboard It has no markings but it's green
Cooling No, it's a 2.2W processor
Memory 2GB DDR3L-1333
Video Card(s) Gen7 Intel HD (4EU @ 311MHz)
Storage 32GB eMMC and 128GB Sandisk Extreme U3
Display(s) 10" IPS 1280x800 60Hz
Case Veddha T2
Audio Device(s) Apparently, yes
Power Supply Samsung 18W 5V fast-charger
Mouse MX Anywhere 2
Keyboard Logitech MX Keys (not Cherry MX at all)
VR HMD Samsung Oddyssey, not that I'd plug it into this though....
Software W10 21H1, barely
Benchmark Scores I once clocked a Celeron-300A to 564MHz on an Abit BE6 and it scored over 9000.
Mining is still very profitable for me, so I can't see why there's not still strong demand for GPUs by miners.

Last time, the dump happened once mining rewards were so low that there was no profit after electricity was accounted for. Even at high energy costs, my mining is about 400% profit per unit of electricity.
 

hat

Enthusiast
Joined
Nov 20, 2006
Messages
21,731 (3.43/day)
Location
Ohio
System Name Starlifter :: Dragonfly
Processor i7 2600k 4.4GHz :: i5 10400
Motherboard ASUS P8P67 Pro :: ASUS Prime H570-Plus
Cooling Cryorig M9 :: Stock
Memory 4x4GB DDR3 2133 :: 2x8GB DDR4 2400
Video Card(s) PNY GTX1070 :: Integrated UHD 630
Storage Crucial MX500 1TB, 2x1TB Seagate RAID 0 :: Mushkin Enhanced 60GB SSD, 3x4TB Seagate HDD RAID5
Display(s) Onn 165hz 1080p :: Acer 1080p
Case Antec SOHO 1030B :: Old White Full Tower
Audio Device(s) Creative X-Fi Titanium Fatal1ty Pro - Bose Companion 2 Series III :: None
Power Supply FSP Hydro GE 550w :: EVGA Supernova 550
Software Windows 10 Pro - Plex Server on Dragonfly
Benchmark Scores >9000
I'd totally buy some used mining cards. And then mine on them. When the market blows up again, those of us who do this will be one ones laughing (all the way to the bank).
 
Top