Best Monero Mining Hardware for 2018

5 stars based on 30 reviews

Are you building a new Ethereum mining? Well this guide is just for you. Resulting ethereum mining difficult each day. So, is mining Ethereum is profitable? There are lots monero coin mining rig other coins which you can still mining easily using GPU cards. And mining them is most profitable too. Well, after researching I have built an alt coin rig for my self which not mining ethereum but still making a good amount of money.

Mining Monero is most profitable now days. A price of monero is also making all time high each day. So,In this post I am going to show you how you can build your most profitable Monero mining rig.

And make a goo profit. Why should You Mine Monero? Monero is a privacy-focused coin which currently sits around the top 10 of Cryptocurrencies by monero coin mining rig. These are the few points I would like to mention which i have experienced by mining Monero. Mining monero is more profitable than ethereum. Profit is what we are looking for right?

Check the calculations here. Mining Monero can consume less electricity than ethereum. If you are mining Ethereum using same rig you will notice that the Rig is generating more heat. Building a mining rig same as assembling a computer. Only with more than one GPU cards. More the GPU cards more the hashrates rig will generates. We are building a GPU based mining rig.

Radeon gpu cards gives best performance in mining moneo. RX are gives the best performance mining monero. You can also purchase less number of cards and add more later. Our Rig is up gradable. They are most populler one for mining. But MSI cards are mostly shortage due to high demand.

As alternative you can use Sapphire Monero coin mining rig. They gives same performance as MSI. We are using 8 GPUs. The motherboard has 6 PCIe Slots. We have 8 GPUs right? This is a very popular motherboard for mining. Buy Motherboard From Amazon: We are making our mining rig with mining cost remember? The RAM will effect your mining rig speed. You will save much time in processing. In result they will increase your mining efficiency.

SSD will only be used to run your OS and mining software. Mining rigs are hungry for power. We are using 8 GPU cards for our mining rig. Each GPU will consume approx W of power supply. The whole mining rig will consume approx W of power supply. To fulfill this requirement we are monero coin mining rig to use Two number W of power supply.

Buying extra supply is always a best option. Choosing a wrong power supply could damage our mining rig. Risers card are used to connect the Graphics card with the motherboard. Buy Risers Monero coin mining rig Amazon: We are using 2 numbers of power supply for our mining rig. Which will connect the both PSU. Buy Adapter From Amazon: Using a mining rig is always a best idea.

Do not keep the components on the floor. You can buy a rig from amazon directly. But you know what? You can build one for your self. That way you can save some more bucks!!

When you order the products form the Amazon it will take some time to deliver. Till you can create a one good mining rig frame. We are going to use 8 GPU so you need to create it big one. Post a image of your mining rig on our Facebook page. We would love to see what you have created.

Buy Rig From Amazon: So, we are going to use ATX Power switch these small wires with an button attached well go directly in the motherboard. Try to buy these with other components that way you will cut out the shipping charges. Buy Buttons From Amazon: Windows is always good for mining.

But the 13GPU mining rig running on windows may cause some trouble. There are few guides on the internet where you can achieve all 13 GPU running at once on windows. But, if you want to run this rig efficiently with 13GPU Linux is what you are monero coin mining rig to use.

I will highly recommend going with linux. There would be no problem in mining with 13GPU. You will also cut out some charges by not buying windows. I monero coin mining rig going to hold these coins till the price of monero will go high. You can build your own strategies. But remember mining monero on this build will make monero coin mining rig more profit. Start with lower number of GPU then periodically increase them as you earn.

Not only this you can always use this mining rig to mine Ethereum, Monero, Bitcoin, etc. You can google for mining pool if you like to join.

Shushpool is best one monero coin mining rig there. I am a robot. I just upvoted you! I monero coin mining rig similar content that readers might be interested in: You have completed some achievement on Steemit and have been rewarded with new badge s:. Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click here. If you no longer want to receive notifications, reply to this comment with the word STOP. By upvoting this notification, you can help all Steemit users.

The rig is called Monero mining rig. Purchasing a higher CPU will increase our mining rig cost. And we are not using CPU for mining. In result they will increase your mining efficiency Yes! Our 8 GPU cards all together will consume around W The whole mining rig will consume approx W of power supply. One for each GPU. You can connect the mining rig as shown in below image — psu connection mining cryptocointek Buy Adapter From Amazon: Make sure that there is enough air flow.

These cable are required to turn our rig on or off So, we are monero coin mining rig to use ATX Power switch these small wires with an button attached well go directly in the motherboard.

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Monero is a cryptocurrency focused on fungibility and the privacy of its users. With the value steadily increasing, it may be time to consider investing in Monero mining hardware. It was designed to be efficient with the harware of the casual user. ASICs are not practical for mining Monero. As we have seen with other popular cryptocurrencies such as Zcash , Ethereum , Dash , Decred , Litecoin , ZenCash and Bitcoin , mining profitability is always directly related with hash rate and power consumption.

Monero mining is a great way to set up passive income, especially with the R9 X2. On the other hand, ASIC miners are incredibly expensive. Companies like Bitmain give the first crack to corporations that operate large-scale mining farms.

Instead of many people confirming the network, the power rests in the hands of the few people who can afford to own and operate thousands of ASICs, thus centralizing the process. The fork resulted in the launch of Monero Classic, which will maintain the original Monero protocol.

PZ seems to believe the creation of dedicated mining hardware is inevitable, despite the ways in which ASICs affect centralization. Although there are other Cryptonight tokens, none of them are anywhere near being as profitable as Monero.

This way, your chances of success are greatly increased, and you still receive rewards proportional to the work you contributed.

Mining Monero is a profitable option. You can check your own mining profitability with an online mining profitability calculator. Since Monero is focused on privacy, there is no direct way to exchange Monero for regular currency USD.

Sign up for an account on an online exchange such as Binance. All of the currency you mine will be deposited into your Binance wallet. From here, you can exchange it for Bitcoin, and eventually, regular currency USD. Hover over the Funds tab, and a dropdown menu will appear. Search for your desired cryptocurrency. When prompted, agree and continue. Copy the code indicated in the graphic below:.

Navigate to the Binance homepage by clicking the big logo in the top left corner. Navigate over to BTC Markets, and search for your desired currency. You need to transfer your Bitcoin from Binance to another exchange such as Coinbase or Gemini. Navigate back to the Deposits Withdrawals page. Withdraw from your newly acquired Bitcoin wallet like so:.

Now, navigate over to Coinbase or Gemini. The address you see is your Coinbase wallet address. Select the desired amount, and submit. The last step is to simply sell your Bitcoin on Coinbase for regular currency. This makes it profitable to mine with extremely cheap mining hardware. This guide is going to highlight the best GPU for mining Monero. If you want the most from your money, buying as many cheap CPUs is your best bet.

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