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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: twicx on May 09, 2018, 01:05:34 PM



Title: Mining expansion option?
Post by: twicx on May 09, 2018, 01:05:34 PM
Hey all,

I'm in the process of pricing up a rig expansion. Currently running 10 x 580s and 2 x 560s. An interesting idea has come up, but it has pros and cons. Opinions needed and welcomed.

Right now, it doesn't take much digging to find some of the outgoing generation of GPUs at stupidly low prices. Currently, I'm finding both 1050ti's and 1060s (just the 3gb version) for sub $100. So, based on my budget for expanding, I can get a bunch of these up and running pretty rapidly. So, I'm toying with the idea of around 24 of these. My figures, based on an additional 24 cards, is a ROI of around 90 days at current prices.

Here's some of the glaring concerns. Opinions on these would be massively appreciated:
1. The 1060s are 3gb cards, so Ethash is going to be tricky. Similarly, the likelihood of it being a decent mem manufacturer like Samsung, is probably fairly low. Worst case scenario, it's a 3gb card with crap memory, what's the next best algo to mine?
2. While there's still no word on the new NVidia cards, I think we're all expecting them this year. So, is 24 x 1060s going to be better than, for example, 2 or 3 of the new gen cards?

I'm busy throwing figures into spreadsheets like it's going out of style. Ideas and opinions are welcomed.