There is no doubt that GPU mining profitability will plummet to below zero for those with electric greater than 10 cents a kw. The only question is when this will happen. I've always been conservative in predicting by the end of this year but in fact it is likely to happen well before then. The long term profitability for those lucky enough to have cheap electric will be around $1 per day per GPU, and probably even less than that. I expect we will reach this level by December and probably earlier.
Coin prices have plummeted lately. They may bounce up again, they may stay the same or they may continue to decline further. But mining difficulty will continue to rise. This creates a "perfect storm" of rapidly declining mining revenue. It is extremely doubtful that anyone building a rig today with electric higher than 10 cents a kw will ever get a ROI.
I'm building a rig but I am under no illusions that I will make money out of it. Would be nice but I no longer expect to. My electric is around 15 cent a kw so I am very much in the hobbyist camp. I can only envy those who live in countries with cheap electric for whom it can make long term profits.
Coins are plummeting, difficulty is rising. This looks a lot like the beginning of the end.
Actually that would be good compared to what it was towards the end of 2014 after ASICS and Megapools took over. I pay 10 cents a kW and remember when EVERY coin was unprofitable once electric was factored in. Mining isn't always about ROI, sometimes you have to look at it in as an investment into a coin you believe in and take a long term approach. Those that mine on Nicehash to get paid in BTC are the ones that care about daily coin prices. The bottom line chicken little is you have no idea when and if mining will become unprofitable. And those that kept mining are the ones benefiting from having done so. |
|
|
|
The mobo has more than 2 year warranity. Also, in mining, the gtx 1070 takes around 140w, most from the 8pin pci-e connector?
Also more power hunry gpus like gtx 580 were on pci-e 2.0.
It depends on how the card is configured to draw it's power. Older PCI-E v2.0 cards got most of their power from the VGA power connector. Since the v3.0 specification allows for more power drawn from the slot, v3.0 cards tend to draw more power from the slot. In fact some PCI-E v3.0 video cards state they require a v3.0 slot. When the RX 480's came out, many gamers were burning up their motherboards from just gaming with the card. |
|
|
|
AMD is a value proposition when compared with Nvidia. While the Nvidia GTX 10 series does better in achieving a bigger hashrate per card in certain algorithms, the bang-for-buck or hash per cost factor is almost exclusivly in favor AMD. The bottom line for mining is you can put together an AMD rig for the same amount invested that will outperform any Nvidia GTX rig for the same amount invested across the board. While Nvidia holds an edge in hash/watt, given the insane Crypto pricing across the board currently, that is not as much a factor for most people paying 0.20 cents per kW or less. Which is also probably why you are seeing Nvidia cards more readily available, while AMD RX 470/570 and 480/580 cards are much harder to find currently, especially in any quantity. I would also argue that the AMD resale value is comparable to Nvidia in terms of percentage of the original cost recovered.
Really? Because the ROI on a Nvidia rig built with 6 1080 TI's is about 66.43 days as of this very instant and an AMD rig built with RX 580's would ROI in 66.14 days. These are almost identical and to be fair I chose the current most profitable coin(s) for each rig. I mean as far as resale value I think, over the course of time, that 1080 TI's will easily be far more sought after than any 4xx/5xx card. That means when it is upgrade time you can still sell to all those gamers without any issues at all. Nvidia is also better in density and you can get the hashrate to about 730 h/s on equihash even at 170W with the TI's. I mean I think that is pretty damn hard to beat at the moment. As I have stated, there are a vast number of algorithms that Nvidia is better at than AMD. I don't really buy into the POS talk with ETH and ETC but I think at some point they will probably go to POSW. Where does that leave AMD? That means the only 3 EThash coins that are left are UBIQ, EXP, and MUSIC. That is of course coupled with dual mining with SIA or DCR. That doesn't leave many options in comparison under such a scenario. For the cost of a single 1080 Ti you can put together a 4 card RX 570 4GB rig with a cost of less than $200 per card that will give you 112 MH/s on ETH and 2600 MH/s dual mining DCR for 600W at the wall. At current pricing and difficulty, that would net you $720 in profit from ETH and another $90 in DCR a month for a single four card rig. https://www.coinwarz.com/calculators/ethereum-mining-calculator/?h=112&p=600&pc=0.10&pf=3.00&d=726058150422215&r=5.00000000&er=0.13960000&btcer=2827.90000000&hc=0.00https://whattomine.com/coins/152-dcr-blake-14r?utf8=%E2%9C%93&hr=2600.0&p=&fee=3.0&cost=0.1&hcost=0.0&commit=CalculateOn ZEC that same 4 card rig would give you 1200 H/s vs 750 H/s for a 1080 Ti. What are you mining with a single 1080 Ti that comes even close to that?. Most people that put together 1 or 2 rigs don't care about density, they care about what makes them the most money for their investment and the answer to that is AMD is clearly superior to Nvidia. 1. This will be my new 6x 1080 TI rig next month and the best currently to mine is ZEN. http://whattomine.com/coins/185-zen-equihash?utf8=%E2%9C%93&hr=4280&p=1175.0&fee=1.0&cost=0.11&hcost=5400.0&commit=Calculate2. This is my current system that has 6x RX 470's mining ETH+DCR. My rig cost is 2500 with a rack mountable case for this. This now makes the ROI 68 days as of this instant but of course this is always moving. http://whattomine.com/merged_coins/1-eth-dcr?utf8=%E2%9C%93&hr_eth=160&fee_eth=2.0&hr_dcr=4500&fee_dcr=2&p=962&cost=0.11&commit=Calculate3. It is pretty clear that these two are very much so comparable. LOL. Except you forgot to mention how much does a six card 1080 Ti rig cost you? ZEN is an Equihash coin the same as ZEC The RX 470 outperforms the 1080 Ti in cost per hash on Equihash as I showed and just about everything else. Given the same availability, the RX 470 4 GB will make you more money for the same amount invested by far. Dude... Dollar for dollars the 1080 TI is actually equal or better than RX 4xx/5xx cards and the above estimates prove it. A 5400 Nvidia rig pays itself back in just over 2 months in 67 days. Is that really so much inferior to AMD?  I used my current AMD rig for comparison and they literally have the same components with the exception to the GPU and the PSU so I think it is a fair comparison. I was simply picking the best coin for Nvidia cards and the best coin for AMD cards at this moment. Right now that is ZEN for Nvidia and ETH+SIA/DCR for AMD. Yes if you don't have the money to spend on a 5400 dollar rig then you can build an AMD rig but if you do have the money then it is far far better to go Nvidia. Except that it's not. The time to recover the cost of the card on the same Equihash coin is 61 days for a $750 1080 Ti that produces 750 H/s vs 41 days for a $200 RX 470 4 GB card that produces 300 H/s on Equihash. http://whattomine.com/coins/185-zen-equihash?utf8=%E2%9C%93&hr=300&p=250.0&fee=1.0&cost=0.11&hcost=200&commit=Calculatehttp://whattomine.com/coins/185-zen-equihash?utf8=%E2%9C%93&hr=300&p=150&fee=1.0&cost=0.11&hcost=200.0&commit=CalculateDual mining ETH with the RX 470 4 GB, the break even cost on the card is about 32 days or roughly half of the time for a 1080 Ti. http://whattomine.com/merged_coins/1-eth-dcr?utf8=%E2%9C%93&hr_eth=28.0&fee_eth=2.0&hr_dcr=650.0&fee_dcr=2.0&p=150&cost=0.11&commit=CalculateActually the $200 GTX 3GB 1060 is a better comparison to the RX 470 4 GB. It can produce ~23 H/s on ETH and ~265 H/s on Equihash. The botom line is the 1080 Ti is a super expensive card for the performance it has and if you are looking to maximize your investment, there are better options. |
|
|
|
AMD is a value proposition when compared with Nvidia. While the Nvidia GTX 10 series does better in achieving a bigger hashrate per card in certain algorithms, the bang-for-buck or hash per cost factor is almost exclusivly in favor AMD. The bottom line for mining is you can put together an AMD rig for the same amount invested that will outperform any Nvidia GTX rig for the same amount invested across the board. While Nvidia holds an edge in hash/watt, given the insane Crypto pricing across the board currently, that is not as much a factor for most people paying 0.20 cents per kW or less. Which is also probably why you are seeing Nvidia cards more readily available, while AMD RX 470/570 and 480/580 cards are much harder to find currently, especially in any quantity. I would also argue that the AMD resale value is comparable to Nvidia in terms of percentage of the original cost recovered.
Really? Because the ROI on a Nvidia rig built with 6 1080 TI's is about 66.43 days as of this very instant and an AMD rig built with RX 580's would ROI in 66.14 days. These are almost identical and to be fair I chose the current most profitable coin(s) for each rig. I mean as far as resale value I think, over the course of time, that 1080 TI's will easily be far more sought after than any 4xx/5xx card. That means when it is upgrade time you can still sell to all those gamers without any issues at all. Nvidia is also better in density and you can get the hashrate to about 730 h/s on equihash even at 170W with the TI's. I mean I think that is pretty damn hard to beat at the moment. As I have stated, there are a vast number of algorithms that Nvidia is better at than AMD. I don't really buy into the POS talk with ETH and ETC but I think at some point they will probably go to POSW. Where does that leave AMD? That means the only 3 EThash coins that are left are UBIQ, EXP, and MUSIC. That is of course coupled with dual mining with SIA or DCR. That doesn't leave many options in comparison under such a scenario. For the cost of a single 1080 Ti you can put together a 4 card RX 570 4GB rig with a cost of less than $200 per card that will give you 112 MH/s on ETH and 2600 MH/s dual mining DCR for 600W at the wall. At current pricing and difficulty, that would net you $720 in profit from ETH and another $90 in DCR a month for a single four card rig. https://www.coinwarz.com/calculators/ethereum-mining-calculator/?h=112&p=600&pc=0.10&pf=3.00&d=726058150422215&r=5.00000000&er=0.13960000&btcer=2827.90000000&hc=0.00https://whattomine.com/coins/152-dcr-blake-14r?utf8=%E2%9C%93&hr=2600.0&p=&fee=3.0&cost=0.1&hcost=0.0&commit=CalculateOn ZEC that same 4 card rig would give you 1200 H/s vs 750 H/s for a 1080 Ti. What are you mining with a single 1080 Ti that comes even close to that?. Most people that put together 1 or 2 rigs don't care about density, they care about what makes them the most money for their investment and the answer to that is AMD is clearly superior to Nvidia. 1. This will be my new 6x 1080 TI rig next month and the best currently to mine is ZEN. http://whattomine.com/coins/185-zen-equihash?utf8=%E2%9C%93&hr=4280&p=1175.0&fee=1.0&cost=0.11&hcost=5400.0&commit=Calculate2. This is my current system that has 6x RX 470's mining ETH+DCR. My rig cost is 2500 with a rack mountable case for this. This now makes the ROI 68 days as of this instant but of course this is always moving. http://whattomine.com/merged_coins/1-eth-dcr?utf8=%E2%9C%93&hr_eth=160&fee_eth=2.0&hr_dcr=4500&fee_dcr=2&p=962&cost=0.11&commit=Calculate3. It is pretty clear that these two are very much so comparable. LOL. Except you forgot to mention how much does a six card 1080 Ti rig cost you? ZEN is an Equihash coin the same as ZEC The RX 470 outperforms the 1080 Ti in cost per hash on Equihash as I showed and just about everything else. Given the same availability, the RX 470 4 GB will make you more money for the same amount invested by far. Stated another way, you can put together a 470 4 GB rig that will equal the performance of a 1080 Ti rig on any coin at a much lower cost. The issue is the availability of the AMD cards. |
|
|
|
I don't want to use risers, I want to fit all 3 cards in the computer case, using the two pci-e 3.0 and the pci-e 2.0.
The PCI-E v3.0 cards will usually draw more power from the slot. The newer PCI-E specifications are able to deliver more power through the slot. You may burn up your motherboard using a PCI-E v3 card in a PCI-E v2 slot for mining under constant load. |
|
|
|
Thank you guys, I will take the card and run some tests to see if it really complicated or not
Zero issues on Windows 7 and running stable for days at a time. I just installed the latest Nvidia drivers and the 1080 worked out of the box. Having mixed drivers on Linux is definitely an issue to get working though. |
|
|
|
AMD is a value proposition when compared with Nvidia. While the Nvidia GTX 10 series does better in achieving a bigger hashrate per card in certain algorithms, the bang-for-buck or hash per cost factor is almost exclusivly in favor AMD. The bottom line for mining is you can put together an AMD rig for the same amount invested that will outperform any Nvidia GTX rig for the same amount invested across the board. While Nvidia holds an edge in hash/watt, given the insane Crypto pricing across the board currently, that is not as much a factor for most people paying 0.20 cents per kW or less. Which is also probably why you are seeing Nvidia cards more readily available, while AMD RX 470/570 and 480/580 cards are much harder to find currently, especially in any quantity. I would also argue that the AMD resale value is comparable to Nvidia in terms of percentage of the original cost recovered.
Really? Because the ROI on a Nvidia rig built with 6 1080 TI's is about 66.43 days as of this very instant and an AMD rig built with RX 580's would ROI in 66.14 days. These are almost identical and to be fair I chose the current most profitable coin(s) for each rig. I mean as far as resale value I think, over the course of time, that 1080 TI's will easily be far more sought after than any 4xx/5xx card. That means when it is upgrade time you can still sell to all those gamers without any issues at all. Nvidia is also better in density and you can get the hashrate to about 730 h/s on equihash even at 170W with the TI's. I mean I think that is pretty damn hard to beat at the moment. As I have stated, there are a vast number of algorithms that Nvidia is better at than AMD. I don't really buy into the POS talk with ETH and ETC but I think at some point they will probably go to POSW. Where does that leave AMD? That means the only 3 EThash coins that are left are UBIQ, EXP, and MUSIC. That is of course coupled with dual mining with SIA or DCR. That doesn't leave many options in comparison under such a scenario. For the cost of a single 1080 Ti you can put together a 4 card RX 570 4GB rig with a cost of less than $200 per card that will give you 112 MH/s on ETH and 2600 MH/s dual mining DCR for 600W at the wall. At current pricing and difficulty, that would net you $720 in profit from ETH and another $90 in DCR a month for a single four card rig. https://www.coinwarz.com/calculators/ethereum-mining-calculator/?h=112&p=600&pc=0.10&pf=3.00&d=726058150422215&r=5.00000000&er=0.13960000&btcer=2827.90000000&hc=0.00https://whattomine.com/coins/152-dcr-blake-14r?utf8=%E2%9C%93&hr=2600.0&p=&fee=3.0&cost=0.1&hcost=0.0&commit=CalculateOn ZEC that same 4 card rig would give you 1200 H/s vs 750 H/s for a 1080 Ti. What are you mining with a single 1080 Ti that comes even close to that?. Most people that put together 1 or 2 rigs don't care about density, they care about what makes them the most money for their investment and the answer to that is AMD is clearly superior to Nvidia. |
|
|
|
|
You have to set the cards to use in the Claymore dual miner with the -di parameter and I use EWBF for the Nvidia card.
|
|
|
|
|
You bought three Antminers and you don't even know what you can do with them? LOL.
|
|
|
|
|
Yes. I'm doing the same thing. I have the AMD dual mining ETH and the GTX 1080 mining ZEC.
|
|
|
|
|
AMD is a value proposition when compared with Nvidia. While the Nvidia GTX 10 series does better in achieving a bigger hashrate per card in certain algorithms, the bang-for-buck or hash per cost factor is almost exclusivly in favor AMD. The bottom line for mining is you can put together an AMD rig for the same amount invested that will outperform any Nvidia GTX rig for the same amount invested across the board. While Nvidia holds an edge in hash/watt, given the insane Crypto pricing across the board currently, that is not as much a factor for most people paying 0.20 cents per kW or less. Which is also probably why you are seeing Nvidia cards more readily available, while AMD RX 470/570 and 480/580 cards are much harder to find currently, especially in any quantity. I would also argue that the AMD resale value is comparable to Nvidia in terms of percentage of the original cost recovered.
|
|
|
|
Nvidia GTX 1060 3GB or 6GB are about your best option out of what is more readily available to put together a rig ASAP with all the same cards, at a resonable cost. BBT posted a video of the 6 card rig he built with the PNY GeForce GTX 1060 3GB XLR8 OC Edition 165+ GPU 1000+ MEM ~23.5mh ETH and ~268 SOL/s ZEC each @ ~60W per card. https://www.youtube.com/watch?v=1uhSfOpvHks&feature=youtu.be&t=7295Dag won't reach 3GB until early next year, so you should be good until then. The only problem with the 3GB cards you won't be able to dual mine effectivly. Hey ive been in bitcoin for a while but honestly im pretty new to altcoin mining, could you explain what you said about the dag reaching 3gb, also dual mining. Should I wait for the dedicated miner card that nvidia is coming out with very soon? The mining cards that Nvidia will be realsing will be based on the 1060 from what I have read. Mainly just without a video output. I think performance will be similar, maybe ~10% - 20% better and probably cheaper since they only have a 3 month warranty. The Dag is the dataset needed to be stored in memory for the POW mining algorithm used by Ethereum. It grows in size by roughly 0.73x per year. Current size is ~2.1GB and once it exceeds the VRAM on the card, it can no longer proceses the transactions required for mining. Dual mining is a feature where you can mine two diffrent POW algorithms at the same time, therefore incressing the efficiency of mining. |
|
|
|
Nvidia GTX 1060 3GB or 6GB are about your best option out of what is more readily available to put together a rig ASAP with all the same cards, at a resonable cost. BBT posted a video of the 6 card rig he built with the PNY GeForce GTX 1060 3GB XLR8 OC Edition 165+ GPU 1000+ MEM ~23.5mh ETH and ~268 SOL/s ZEC each @ ~60W per card. https://www.youtube.com/watch?v=1uhSfOpvHks&feature=youtu.be&t=7295Dag won't reach 3GB until early next year, so you should be good until then. The only problem with the 3GB cards you won't be able to dual mine effectivly. |
|
|
|
Seems like that board does support 6 cards according to some Newegg comments, so you should be good to go. Another option is the ASUS Z270 PRIME A / AR with 7 PCI-E slots on the motherboard and is verified to do 9 cards, 264 MH/s per rig if you add two M.2 to PCI-E expansion adapters. https://www.youtube.com/watch?v=pQ-EAunoAqY |
|
|
|
|
Your core clocks are too high. I have the same card (OC edition) with the same 1750 strap mod and use 1100 MHz core 2075 MHz memory clock and -96 mV to get ~28.7 MH/s and 720 MH/s DCR dual mining. Anything over that for the core clock results in no hash increase and just makes the card use more power and run hotter. Also check for memory errors using HWinfo. At 2100 MHz I got tons of errors using the strap mod, at 2075 MHz it was stable with no errors.
|
|
|
|
|
IMO, a mining rig is about lowering your risk exposure. ATM a mining rig will pay itself off in 2-3 months. After that even if mining becomes totally unprofitable, you still have the hardware that can be repurposed towards a new coin without any additional investment other than the power costs, or resold to recoup a good part of the original investment. With ICO's and trading you could be left holding the bag or scammed as many have in the past. With mining you are also providing a service for the network, by helping processing transactions and decentralizing it.
|
|
|
|
|
Show Posts
