Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Mcolo99 on June 13, 2019, 08:10:16 PM



Title: help with altcoin
Post by: Mcolo99 on June 13, 2019, 08:10:16 PM
hi guys im completely new to the mining scene, but i am familiar with crypto overall.

I am thinking and want to start mine and is looking for hardware and have found some used hardware that are for sale
to the price of 2000usd. my friends etc says it not worth it etc and alot that i shouldnt buy and so on.
but it is a godo cut and what altcoins can i go with these rigs ?

Rig1:
GPUs: 6x ASUS ROG Strix 1060 6GB
MB: ASUS EX-B250-V7
RAM: 4GB DDR4 2133MHz
CPU: Intel G3930
SSD: SanDisk 120GB
PSUs: 2x Cooler Master MasterWatt Lite 700W

Rig2:
GPUs: 6x ASUS ROG Strix 1060 6GB
MB: ASUS EX-B250-V7
RAM: 4GB DDR4 2133MHz
CPU: Intel G3930
HDD: WDC 120GB
PSUs: Seasonic M12II 620W (Modular) + Cooler Master MasterWatt Lite 700W


Title: Re: help with altcoin
Post by: vuli1 on June 13, 2019, 08:50:51 PM
not again


Title: Re: help with altcoin
Post by: Mcolo99 on June 13, 2019, 10:31:56 PM
Huh?

Sounds like it is a common question? 😂😂
Point me in a direction. The person i buy it from said that i should get onto this forum to check what coins to mine and all kinda stuff but i dont know a think at the moment as everything is a mess....


Title: Re: help with altcoin
Post by: asriloni on June 14, 2019, 04:23:31 AM
Huh?

Sounds like it is a common question? 😂😂
Point me in a direction. The person i buy it from said that i should get onto this forum to check what coins to mine and all kinda stuff but i dont know a think at the moment as everything is a mess....
I'm feeling curious, is $2k for all of rigs or you will be getting the only one from both that you have been mentioned?
There was a lot of thread in this section have created so many comparison about the mining profitability. I hope you can try to visit this thread that already created by another member to get mining profitability for 1060.
https://bitcointalk.org/index.php?topic=5135665.0
That will be really useful for you to learn from the chart that created by him.


Title: Re: help with altcoin
Post by: swogerino on June 14, 2019, 08:11:24 AM
If you get both rigs for 2000 dollars it is worth only if you plan mining and keeping the coins.If you want to make the quick buck then this is not worthy as it will take a lot of time to ROI for you.

It depends on what you are going to do and what do you expect from this investment you are about to make.


Title: Re: help with altcoin
Post by: nsummy on June 15, 2019, 03:23:11 AM
This is a poor deal.  Not only will you lose money if you use it for mining, the rigs are overpriced.  You could assemble something like this for much less.


Title: Re: help with altcoin
Post by: nc50lc on June 15, 2019, 03:41:51 AM
If the GPUs have stock firmwares, you can immediately sell them by piece (not wholesale) to any online stores and you might get "Capital Return" in no time.
Include the parts as Bundles (ex. Mobo, RAM & Procie) and you will definitely ROI... if you have the time to sell them.

Otherwise, Grin is the best candidate to mine using those GPUs but I suspect that the seller had been mining Grin using that rig and realized that it will take years to ROI so he decided to sell it :P


Title: Re: help with altcoin
Post by: serhanni on June 15, 2019, 10:13:20 AM
If you have budget and don't have hardware, do trading instead of mining. Or buy a proof of stake coin.


Title: Re: help with altcoin
Post by: CinErik on June 15, 2019, 07:57:15 PM
Hi,

First of all, it is difficult to ROI in the short term. If you're going to do it as a hobby, and if you're expecting high returns in the future, you can mine coins like Veil and Raven. DYOR

Kind regards


Title: Re: help with altcoin
Post by: bitkanu on June 15, 2019, 11:27:25 PM
I don't think that mining with such GPU will give a good hashrate I mean the current circumstance for miners is kinda though and most of them using higher end GPU which is more efficient and gives out a higher hashrate, using that GPU you mentioned alone will have a hard time competing with people on the mining difficulties not to mention the hard situation. It's better for you to stake I guess but that just my opinion.


Title: Re: help with altcoin
Post by: aundroid on June 16, 2019, 10:32:17 AM
Does each rig cost $2,000 or do you get both for the price?

Well, I wouldn't buy 1060s anymore nowadays.
Better look for used 1070s.


Title: Re: help with altcoin
Post by: Galantin on June 16, 2019, 10:57:23 AM
I do not know what to advise you to start mining from scratch today is dangerous. No more than that profit. Get these $ 30 a month by writing a couple of articles for bounty and it's not worth it.


Title: Re: help with altcoin
Post by: Christinebeauty on June 16, 2019, 11:55:24 AM
I think the price is quite higher and since you are also new in mining, I doubt you would be able to mine efficiently and make enough profits to get your investment back anytime sooner. But don't lose hope. You can still make it if you are serious.


Title: Re: help with altcoin
Post by: Mcolo99 on June 17, 2019, 09:18:57 AM
I think the price is quite higher and since you are also new in mining, I doubt you would be able to mine efficiently and make enough profits to get your investment back anytime sooner. But don't lose hope. You can still make it if you are serious.


Well i get 10000 sek (1054,30 usd) each rig. only bougth one. And i only bougth them becuse i need something to do  ;D and i want to know how it works etc. If i make a profit of it is just an plus in the corner. I am not really planing that the rig will cover the investment, and since it is only for fun/hobby i believe in never really pays of.

I thought about buying a full setup from another one who offered this for 40000 sek (4217,20 usd) but since I am a newbie i thought it was better to start small(and for fun ;D) 

("st" or "styck" is Pieces)
Miners:

Sha256: (bitcoin)
1st Innosilicon t2 18th/s
2st bitmain s7 4,7 th/s styck

Zcash:
12 st bitmain z9 mini
180-200k mh/s

Sia:
3st bitmain a3 805 m/s st
2st innosilicon dragonmint 4,7 th/h styck

X11:
2st bitmain d3 19 gh/s styck

Scrypt:
2st bitmain l3+ 504 mh/s styck

Plus några st nya nätaggregat.

48 portars switch

6 portars switch

Router




Btw thanks for the replies, I just want to understand and get more into mining  :D and know how to analyse whats "best" and to make good future decisions.
I will unpack the package really soon  :D https://drive.google.com/file/d/1-Dz0Ct36R5qtCOFO58-A_Zztk513vQTT/view?usp=sharing