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Title: Is this ether mining rig profitable? Post by: BitBustah on June 20, 2017, 06:55:54 PM Hey guys,
Came accross this rig in a FB ad: https://www.arcticsecrets.nl/zakelijk/nvidia-gp106-miner-level-1 Is it profitable? Is it even possible to break even? Any tips/suggestions/thoughts? Thanks! Title: Re: Is this ether mining rig profitable? Post by: Elder III on June 20, 2017, 10:00:42 PM It only comes with 2 video cards, so I would not call it that great of a deal. If you added another high end power supply and 4 more video cards at your own expense it would be a nice mining rig, as it is now it's essentially only half completed imo.
At current exchange rate and difficulty it would take about 150 days to break even at that price with just 2 video cards. Title: Re: Is this ether mining rig profitable? Post by: BitBustah on June 20, 2017, 10:29:41 PM It only comes with 2 video cards, so I would not call it that great of a deal. If you added another high end power supply and 4 more video cards at your own expense it would be a nice mining rig, as it is now it's essentially only half completed imo. At current exchange rate and difficulty it would take about 150 days to break even at that price with just 2 video cards. Thanks for replying. Appreciate it. This is the calculated profit on that site: https://image.ibb.co/hz4uQ5/Naamloos.png (https://imgbb.com/) Breakeven at 5.09 months, and it should produce €225 monthly after that. Is that accurate? Don't really care about those 5.09 months, as long as it gives profit after the breakeven period.. What do you think? Edited to add: This is being advertised as a rig for beginners. I'm seriously considering buying this as my first rig. But it has to make profit eventually, otherwise it's money and time not well spent. ::) Title: Re: Is this ether mining rig profitable? Post by: poby on June 21, 2017, 01:00:01 AM It is highly unlikely you would see any profit inside 12 months or more. All these calculations on ROI fail to take into account inexorably increasing difficulty. Especially at your electric cost, don't expect to be able to mine for profit in a few months. The best possible scenario is you might get back what you paid in a couple of years but far more likely you will never make a net profit.
Title: Re: Is this ether mining rig profitable? Post by: ivanst776 on June 21, 2017, 01:05:45 AM Hey guys, Came accross this rig in a FB ad: https://www.arcticsecrets.nl/zakelijk/nvidia-gp106-miner-level-1 Is it profitable? Is it even possible to break even? Any tips/suggestions/thoughts? Thanks! Double the budget and you get a rig with 6 GPUs (in normal circumstance) or maybe less than 2000€. I don't think this rig is so much profitable, it will take many months to reach the ROI but if you can try to buy a bigger rig with 6GPUs. PSU is small but the motherboard is good which can afford 6GPUs which is good other parts are just fine. Title: Re: Is this ether mining rig profitable? Post by: BitBustah on June 21, 2017, 09:09:32 AM They also sell this one:
https://www.arcticsecrets.nl/nvidia-gp106-miner-level-5#rendement 6 GPU rig. Breakeven in 4.01 months. It's a lot of money.. Need to convince the wife. Just wanted to make sure there's a profit possible. :) Title: Re: Is this ether mining rig profitable? Post by: Vaccinus on June 21, 2017, 09:14:22 AM Hey guys, Came accross this rig in a FB ad: https://www.arcticsecrets.nl/zakelijk/nvidia-gp106-miner-level-1 Is it profitable? Is it even possible to break even? Any tips/suggestions/thoughts? Thanks! no don't purchase pre made rig, they are more expensive, and a scam, better to build your own rig is far cheap and it's fun, you just need a good MB 6 x gpu risers cpu ram and ssd, and you are done, see instruction on youtube maybe Title: Re: Is this ether mining rig profitable? Post by: Jdope on June 21, 2017, 09:29:22 AM You're going to be paying much more than you should on a pre built rig, plus i have no idea how they squeezed 25mhs out of a gtx 1060, best performance i saw was around the 22-23 mark and it was heavily overclocked. Better to build yourself a rig, maybe get a couple of gtx 1080ti on some motherboard you have laying around (or even buy a cheaper 3-4 gpu motherboard) and you should be ready to go. 2 1080ti should get close to 540$ mining zcash.
Title: Re: Is this ether mining rig profitable? Post by: BitBustah on June 21, 2017, 09:33:29 AM no don't purchase pre made rig, they are more expensive, and a scam, better to build your own rig is far cheap and it's fun, you just need a good MB 6 x gpu risers cpu ram and ssd, and you are done, see instruction on youtube maybe Yeah I figured I would pay more. The only thing is I have 0 experience in mining and my hardware knowledge is terrible. The software part would be doable I guess. Vaccinus, I'll send you a PM. Title: Re: Is this ether mining rig profitable? Post by: BitBustah on June 21, 2017, 09:34:05 AM Jdope and Vaccinus, I'll send you a PM.
Title: Re: Is this ether mining rig profitable? Post by: Heimer on June 21, 2017, 03:24:53 PM You dont need to have PhD in programming to mine. Buy some GPUs, good PSU, decent CPU with rest of the equipment and you're ready to go
;) Title: Re: Is this ether mining rig profitable? Post by: BitBustah on June 21, 2017, 08:36:03 PM All my questions have been answered. I'm setting up my mining rig as we speak. Thanks!
Title: Re: Is this ether mining rig profitable? Post by: Rexdavinci on June 21, 2017, 08:46:39 PM All my questions have been answered. I'm setting up my mining rig as we speak. Thanks! Glad to know that. Please, what are the specifications of the rig and did you get the parts on an online store? I am thinking of building a rig now. Title: Re: Is this ether mining rig profitable? Post by: BitBustah on June 21, 2017, 09:09:22 PM Still setting up. Still have work to do.
Cheap but decent components. Most expensive component was the Asus GTX 1080TI STRIX graphics card. I'll be doing some nicehash benchmarks soon. Title: Re: Is this ether mining rig profitable? Post by: Heimer on June 21, 2017, 10:20:06 PM How many of them will you have?
Title: Re: Is this ether mining rig profitable? Post by: ChrisCollins322 on June 22, 2017, 06:24:19 AM GL man, do not close the topic. wanna spectate ur mining path
Title: Re: Is this ether mining rig profitable? Post by: vurasasog on June 22, 2017, 06:41:34 AM It is highly unlikely you would see any profit inside 12 months or more. All these calculations on ROI fail to take into account inexorably increasing difficulty. Especially at your electric cost, don't expect to be able to mine for profit in a few months. The best possible scenario is you might get back what you paid in a couple of years but far more likely you will never make a net profit. I agree with that. The difficulty will rise a lot in the near future. Title: Re: Is this ether mining rig profitable? Post by: ChrisCollins322 on June 23, 2017, 07:54:47 AM Cant aggree, with 4 good GPU's u can get real profit in 3-4 monthes
Title: Re: Is this ether mining rig profitable? Post by: vurasasog on July 10, 2017, 02:21:53 PM Cant aggree, with 4 good GPU's u can get real profit in 3-4 monthes Not any more. The price of Altcoins has dropped a lot recently. Title: Re: Is this ether mining rig profitable? Post by: Fadsiman on July 10, 2017, 02:26:55 PM It is highly unlikely you would see any profit inside 12 months or more. All these calculations on ROI fail to take into account inexorably increasing difficulty. Especially at your electric cost, don't expect to be able to mine for profit in a few months. The best possible scenario is you might get back what you paid in a couple of years but far more likely you will never make a net profit. I agree with that. The difficulty will rise a lot in the near future. Title: Re: Is this ether mining rig profitable? Post by: Ayers on July 10, 2017, 03:27:05 PM Cant aggree, with 4 good GPU's u can get real profit in 3-4 monthes Not any more. The price of Altcoins has dropped a lot recently. but you can still do profit i see, one gpu earn you $60 now a month? still not that bad if you own a farm mining give you money while doing nothing, i don't know why people complain lol, before was crazy, one gpu was giving you $200 a month, totally insane and not normal Title: Re: Is this ether mining rig profitable? Post by: BitBustah on July 10, 2017, 03:32:57 PM Cant aggree, with 4 good GPU's u can get real profit in 3-4 monthes Not any more. The price of Altcoins has dropped a lot recently. but you can still do profit i see, one gpu earn you $60 now a month? still not that bad if you own a farm mining give you money while doing nothing, i don't know why people complain lol, before was crazy, one gpu was giving you $200 a month, totally insane and not normal My rig with my 1080 Ti is giving me 50 euros profit atm. That's a ROI after 23 months! Title: Re: Is this ether mining rig profitable? Post by: vurasasog on August 08, 2017, 04:25:54 PM Cant aggree, with 4 good GPU's u can get real profit in 3-4 monthes Not any more. The price of Altcoins has dropped a lot recently. but you can still do profit i see, one gpu earn you $60 now a month? still not that bad if you own a farm mining give you money while doing nothing, i don't know why people complain lol, before was crazy, one gpu was giving you $200 a month, totally insane and not normal My rig with my 1080 Ti is giving me 50 euros profit atm. That's a ROI after 23 months! It is quite long. After the ZEC price rise, you might have shorter ROI. |
