Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: eni1 on July 02, 2017, 09:58:10 PM



Title: Urgent.Min cost to setup a mining farm?
Post by: eni1 on July 02, 2017, 09:58:10 PM
Hi all,can anybody help out with a rough min estimate Eth mining setup and its returns


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: puwaha on July 02, 2017, 10:37:06 PM
Sure:

https://whattomine.com/coins (https://whattomine.com/coins)


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: JungleOnion on July 03, 2017, 02:24:08 AM
you'll be lucky if you get yourself to build a 6 gpu rig for less than 2000 dollars, there's no more cheap radeon gpu the only ones out there are nvidia which increases your initial investment because of being expensive cards.


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: Elder III on July 03, 2017, 02:26:32 AM
Right now it's pretty costly. If I had to start from scratch right now, with the current lack of availability of GPUs (and the cost when you can find them), I don't know if I would go for it.  If you just want to build 1 rig to test it out, then I'd say go for it, but if you say a farm I take it you're thinking of 10 or more rigs? I would not try to do that many right now unless you have money you can afford to lose or don't need a return on for a year or more.


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: eni1 on July 03, 2017, 11:37:28 AM
you'll be lucky if you get yourself to build a 6 gpu rig for less than 2000 dollars, there's no more cheap radeon gpu the only ones out there are nvidia which increases your initial investment because of being expensive cards.
Thanks,how much roughly do you think i could make monthly from the 2000 dollars min investment into this?


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: JustCauseBIH on July 03, 2017, 11:48:15 AM
300-600$ month.


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: eni1 on July 03, 2017, 12:07:29 PM
300-600$ month.
Thanks,i just sent you a PM.


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: whitrzac on July 03, 2017, 12:14:13 PM
This month... Next month it will be significantly less, and the month after that will be less than that month, etc.



Title: Re: Urgent.Min cost to setup a mining farm?
Post by: eni1 on July 03, 2017, 12:26:09 PM
This month... Next month it will be significantly less, and the month after that will be less than that month, etc.


What makes you feel it will be less?


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: K0b1 on July 03, 2017, 12:39:14 PM
This month... Next month it will be significantly less, and the month after that will be less than that month, etc.


What makes you feel it will be less?

Unless prices will move up, it will be less.
Difficulty will move higher and higher.


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: Emoclaw on July 03, 2017, 12:42:43 PM
In addition to what everyone said, you'll have a hard time obtaining GPUs to mine.
Many cards have gone up and the prices have skyrocketed.

Honestly at this point you're better off investing your budget in crypto directly, rather than buy equipment to mine it.


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: eni1 on July 03, 2017, 01:11:36 PM
Thanks all,i appreciate .


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: Tmdz on July 03, 2017, 01:28:52 PM
Everyone must share the same money so as more and more people mine there is less money for each person.

So with the high price of gpu it is not a great time to get into it.


Title: Re: Urgent.Min cost to setup a mining farm?
Post by: eni1 on July 05, 2017, 01:08:28 PM
Everyone must share the same money so as more and more people mine there is less money for each person.

So with the high price of gpu it is not a great time to get into it.
Thanks. made up my mind to invest the cap rather than mining for now.