Most profitable bitcoin mining rig buildings
Brian October 3, 4: Rolf — I appreciate your articles and videos. I hope to have my first miner up in my home in about a week as parts come in.
I have two quick questions: What is your set up for running GPU miners at V? It likes higher voltage, because there is less current. It does not really save much money. Thomas Wood October 6, Rolf October 16, 4: I go back and forth on that. With almost miners now I need something reliable and simple.
Nathan Estey October 7, One of the rigs in this post, or 2 Antminer t9s or s9s? Love the site and I must tell you that I stumbled across you while researching distributed ledger technology for a paper in my Masters Finance class.
I would not start with an Antminer S9. Wil November 27, 6: Andrew December 6, Super BASH like with git,vim and all the goodies in it. Plus it looks good and it runs claymore output fine remotely as well. Although sometimes if you use screen or TMUX it can get a bit weird on refresh.
Have you had much experience or result using nicehash compared to pool? They always seem to come up high on whattomine etc. Nice article, and I today I was about to buy a similar setup. Difficulty of all GPU-minable alt coins has exploded and still grows exponentially.
But then I do it and it is profitable. At least for the last 2 years it has been. Fabian October 21, 3: Thank you very much for your great tutorials. My rig is finally running with one GTX for testing and learning. In one month I will carry the system to Iran and start mining there with 6 gpus. I hope secure nodes on zencash will be released soon that I can set up one there, too. Ryan October 27, Thank you for helpful information.
Gpu Mining Rigs in Pakistan November 3, 4: Excellent guide to build ethereum mining rig, If you want to build with cheap hardwares than visit here. Scott November 3, I do realize it is using a server psu but i liked that it had a place for external fans.
I am total noob trying to build first rig from your post. A little concerned over configuring GPUs in Ethos. Tim Walters November 14, Hi Rolf — Thanks for the great info! Do you buy additional cables? Am I missing something? Finn McCall January 2, 1: Tim Walters January 2, 8: Finn McCall January 4, 5: Rolf, it might be worth updating the comprehensive guide above, which is excellent BTW, to include the information regarding the cabling. Neville November 18, 4: What are your thoughts on going for a pre-built ASIC miner or rig instead of building one for the first time?
Have you faced this issue? For all the videos, blog posts and time taken to educate the general public. It is greatly appreciated!!! I have been reading and watching for almost a week trying to get a grasp of the how I am going to test the waters , so here is the initial plan.
Time to refurb one of my computers from when I had a computer shop. After 5 yrs of collecting dust. I started in and put down my tools in I am ready to get it together to get back into it for myself. More for testing right now… MB: Wil December 1, As I wait for a real video card to test Ethos out on, after 4 years and with a puff of smoke I have the old system running.
Hi, Amazing stuff you are doing. Besides the manufacturers websites, where do you recommend buying asic mining equipment? Ideally, they would accept bitcoin as currency. Ben December 19, 9: Also in regards to the CPU, will using a cheaper duo core limit us in any way?
Mike December 26, Do you have another recommendation for a similarly functioning gpu to make this build with? Send me an amazon affiliate link to click on and I will, no worries there, will gladly help u get the commission. Rolf December 27, 6: Mike, thanks for asking. Mike Plambeck December 27, 6: Can you tell me one more thing, is mining with a 6 GPU rig like this profitable similarly to mining with an antminer s9 for Bitcoin?
I ask because I wonder if I should focus on purchasing antminers for Bitcoin or do 6 GPU setups, or both at the same time? But people are still begin mining! First of all you do not understand what means difficulty and what means return of investment. I begin mining one year ago And it was already to late for me to get in. Because the amount of Ether produced in all this time by me is lower, than if with the same amount of money I invested in production, I would buy directly Ether's!
And I started 1 year ago. Difficulty grew up very fast and amount produced every day become lower and lower! I don't tell you problems with heat in the summer and freezing Rig's Or I would sell now just an amount to recover investment and wait for Ether to go to the moon!
Big Idea is that now is the same. Just make a calculation. With a computer with 5 rx's you will produce about 0. But this you will produce in first month, in next months amount will be lower and lower! You can check the difficulty graph for evidence Also there is POS coming So you will never return your investment and will end up with less ether than you thought you will have.
And don't dream that something will happen and you will have more That's the maximum, you could end up with less than that. So at the today prices you can buy directly the same amount of Ether and wait 1 Year for the price to go up! Other problems are that if you have working Rig at home that means a lot of heat in the summer, noise and safety problem when you go in a vacation or somewhere for the weekend you need to ask somebody to be close to your house, in the event your Rig Freeze and you don't know if there is a fire or what is the problem..
Conclusion make for yourself, i just posted something which is real world calculations Post edited by verjic on March It may not seem profitable based on todays numbers but what you forget is that value could increase 10 fold and what you mined would in turn be profitable. Yes if you invested the money instead you could be further ahead but Like KeKe says, it's fun: Based off my trading history on polo my equipment has already been paid for. March edited March In one month that mines 0.
There are so many coins out now, Some of them have to be profitable at some stage of their existence, Oh look there's "23" that are profitable today, Lets shut down our miners lol, Even if a coin is just below the profit margin, It's more than likely still worth mining, Because you'd pay more in fees buying the coin, Than the cost of mining it. Diff rising, POS incoming What I said is that if you buy and sell later you will make at least the same amount of money in 1 Year or even more, than if you start mining!
All other coins are profitable now because prices rise!. Do what you think is correct for you, I just showed you that buying is simple, fast and will give you bigger revenue in 1 Year for Ether, than mining. There was a long topic here with the same content almost one year ago. Post edited by verjic on March It may not seem profitable based on todays numbers but what you forget is that value could increase 10 fold and what you mined would in turn be profitable.
Yes if you invested the money instead you could be further ahead but Like KeKe says, it's fun: Based off my trading history on polo my equipment has already been paid for.
March edited March In one month that mines 0. There are so many coins out now, Some of them have to be profitable at some stage of their existence, Oh look there's "23" that are profitable today, Lets shut down our miners lol, Even if a coin is just below the profit margin, It's more than likely still worth mining, Because you'd pay more in fees buying the coin, Than the cost of mining it.
Diff rising, POS incoming What I said is that if you buy and sell later you will make at least the same amount of money in 1 Year or even more, than if you start mining! All other coins are profitable now because prices rise!. Do what you think is correct for you, I just showed you that buying is simple, fast and will give you bigger revenue in 1 Year for Ether, than mining.
There was a long topic here with the same content almost one year ago. I started then, and made ROI, have a big stack of ether and many euros from selling. And there are and will be many other pow coins, where you could later use your hashpower. Another use case will be the Golem network, and you can also crack passwords with the equipment. I did not say you will not ROI, I said there is a big probability, but I said that with the same money you invested in your RIG's, you can buy the same amount of Ether that you will produce in 1 year.
And how much you produced??? I am saying that to buy now is much better option, than start mining Mining will end soon, so I don't care at this moment about difficulty. Difficulty already is high So it's your choice I just rdp into my miner to fix any problems and have automatic startup scripts in case of power outage.. I feel way better mining the ETH instead of buying ETH directly, since my investment went towards my actual mining hardware, not into ETH which has the ability to crash at any time, my mining rig on the other hand can be resold granted for a lot less than what I bought it and also used to mine other cryptocurrencies I have 5 rigs in my guest bedroom.
Post edited by ethfan on March People have been saying this for years and years about GPU minings. It's apparently always too late. Yet somehow, litecoin wasn't the last profitable coin for GPUs to mine People said not to get into it last year.. Look now, super profitable.. So, you did not read what I said! If 1 year ago I would buy Ethers with money I invested in equipment and electricity, now I would have more Ethers than I mined!