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Title: Building my first mining rig. Post by: ibatcakes on June 09, 2017, 09:59:48 AM Hello as the title says im kinda new in this sphere and i just wanted to make a mining rig. Im really interested in mining ETC, but im open to hear any other suggestions about other coins..
so my main question is how should i buy my rig? my budget is 5k-10k , the thing is that in my country i got pretty high elecricity costs and i dont even know if its worth mining, i know some of you may that "wtf he is worried about elecricity costs when he has 5-10k to put in a mining rig" that money comes from my lucky crypto investments and i much rather invest it in something profitable then just waste it on shit that i dont really need. Should i wait for new gpus that will come out this year or current ones are good? anyways maybe someone can give me some components on which i can look in to thinking about building like 2 rigs with 3 or 4gpus each because it would be easier to do maintenance Title: Re: Building my first mining rig. Post by: navidbeta on June 09, 2017, 12:35:04 PM Hello as the title says im kinda new in this sphere and i just wanted to make a mining rig. Im really interested in mining ETC, but im open to hear any other suggestions about other coins.. so my main question is how should i buy my rig? my budget is 5k-10k , the thing is that in my country i got pretty high elecricity costs and i dont even know if its worth mining, i know some of you may that "wtf he is worried about elecricity costs when he has 5-10k to put in a mining rig" that money comes from my lucky crypto investments and i much rather invest it in something profitable then just waste it on shit that i dont really need. Should i wait for new gpus that will come out this year or current ones are good? anyways maybe someone can give me some components on which i can look in to thinking about building like 2 rigs with 3 or 4gpus each because it would be easier to do maintenance electricity cost is very important in calculating profit. this site might help you http://whattomine.com/ btw, why not continue investing? looks like you have learned some from it. Title: Re: Building my first mining rig. Post by: Nokia555 on June 09, 2017, 12:37:20 PM Hello as the title says im kinda new in this sphere and i just wanted to make a mining rig. Im really interested in mining ETC, but im open to hear any other suggestions about other coins.. so my main question is how should i buy my rig? my budget is 5k-10k , the thing is that in my country i got pretty high elecricity costs and i dont even know if its worth mining, i know some of you may that "wtf he is worried about elecricity costs when he has 5-10k to put in a mining rig" that money comes from my lucky crypto investments and i much rather invest it in something profitable then just waste it on shit that i dont really need. Should i wait for new gpus that will come out this year or current ones are good? anyways maybe someone can give me some components on which i can look in to thinking about building like 2 rigs with 3 or 4gpus each because it would be easier to do maintenance Yeah i was even thinking about this service, like where people with high electric cost country can put theyr rigs on my warehouse and pay only electric + minimal fee for holding. Title: Re: Building my first mining rig. Post by: senseless on June 09, 2017, 02:25:29 PM You're not going to be able to build a mining rig right now. AMD GPUs are sold out worldwide. In the past 2 weeks I've called maybe 60 shops looking for cards in 5 different countries. I found 2 RX570s.
Cards are supposed to be back in stock in 2-4 weeks. However, with mining as profitable as it is now they will get sold out instantly. Many of the shops I called had queues for people pre-paying for video cards and lining up to get them. I got a newegg notification that they had RX 570s in stock. I went to check it out, sure enough they had them in stock with a limit of 1 per customer. It'd take 2 weeks for me to get the card if I ordered from the US. I went to talk to someone to debate if I should buy it or not. I decided to buy it. I went back to newegg clicked 'add to cart' and the cards were already sold out. Title: Re: Building my first mining rig. Post by: Vann on June 09, 2017, 02:50:41 PM You're not going to be able to build a mining rig right now. AMD GPUs are sold out worldwide. In the past 2 weeks I've called maybe 60 shops looking for cards in 5 different countries. I found 2 RX570s. Cards are supposed to be back in stock in 2-4 weeks. However, with mining as profitable as it is now they will get sold out instantly. Many of the shops I called had queues for people pre-paying for video cards and lining up to get them. I got a newegg notification that they had RX 570s in stock. I went to check it out, sure enough they had them in stock with a limit of 1 per customer. It'd take 2 weeks for me to get the card if I ordered from the US. I went to talk to someone to debate if I should buy it or not. I decided to buy it. I went back to newegg clicked 'add to cart' and the cards were already sold out. Moral of the story: when dealing with hot commodities, buy first, think later. ;) Title: Re: Building my first mining rig. Post by: ibatcakes on June 09, 2017, 02:59:11 PM You're not going to be able to build a mining rig right now. AMD GPUs are sold out worldwide. In the past 2 weeks I've called maybe 60 shops looking for cards in 5 different countries. I found 2 RX570s. Cards are supposed to be back in stock in 2-4 weeks. However, with mining as profitable as it is now they will get sold out instantly. Many of the shops I called had queues for people pre-paying for video cards and lining up to get them. I got a newegg notification that they had RX 570s in stock. I went to check it out, sure enough they had them in stock with a limit of 1 per customer. It'd take 2 weeks for me to get the card if I ordered from the US. I went to talk to someone to debate if I should buy it or not. I decided to buy it. I went back to newegg clicked 'add to cart' and the cards were already sold out. Damn, this goldrush is insane :D |