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I want buy 6 of this cards and i want know the opinion of someone with this card
Thank's for reading
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If you haven't built at least one "normal" computer before, along with experience troubleshooting hardware/software, then a mining rig is a bad place to start. You need some basic experience first.
I study the Cryptoworld myself. I learn everyday about wallets, exchanges, pools, cryptocurrencyes and more But now.... I have decided to sell my car and immerse myself completely in this. I do not consider this a hobby
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Agree it is possible, but I would consider 1070s even if they are a bit more expensive. Get used ones from games on ebay for 400 apiece, leaving you 600 for mobo CPU etc. more than enough. Yes, new is better than used but you have to decide if the price premium is worth it. 1070s are better at a wider range of algos. If you just want to mine Eth, not caring about incoming asic onslaught or POS, or mine Monero 7 which makes more sense, the RX 580s are good.
Are the rx580 a good option for the monero mining?
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I think the term you are looking for is a mining "rig" (or mining computer). A mining pool is what you typically connect your mining rig to in order to submit shares and get a % of the block reward based on how many other miners are using the same mining pool.
Depending on where you live and the prices in your area it may be possible to build a mining rig with 6 Rx 580s for $3000.00 - here in the USA I believe you could manage it for as little as $2500 with a bit of luck and allot of shopping around. $3000 would definitely be enough based on prices here, but it may not be enough in many countries that have higher prices on computer parts in general.
Ok, thank you I fix the tittle
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Hello, I am new in this. My question is....
It's possible build a 6 gpu's mining rig with 3000$? I interesting in the rx580 The gtx1070 is more cheaper now, but its more expensive than the rx
What do you think?
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Hello everybody.
I want to open this space for us to talk a bit about FOREX trading. The main questions would be....
1) ¿It is profitable?
2) ¿How much money should be started?
3) ¿What would you recommend to a new user?
4) ¿Is it earned more than with mining or cryptotrading?
For my part, I am an enthusiastic beginner. And for that reason I would like to know a little more about that world
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Hi, I'm considering buying about 4 of these units, but ... How much power has this model in specific? How long could the investment recover?
In this case the electricity would be 0 in price per hour
I wouldnt buy any new cards right now. The prices are coming down but not fast enough yet. Used market is where its at right now. More bang for your buck. Yes I undertand your point. but of all the video cards that is the only one that has the "real" price for the new gpu without rare alterations in price. Check the price of the new gpu in amazon and ebay, and I would strongly bet that the prices are normal for the entire series 580
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Hi, I'm considering buying about 4 of these units, but ... How much power has this model in specific? How long could the investment recover?
In this case the electricity would be 0 in price per hour
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What!? $0.0001 KW/h unbelievable It's not an exaggeration, electric costs do not affect us ... Search for mining in Venezuela Would it be profitable to mine any currency? My biggest concern is if I can recover the investment in 6 months If you ask such questions then most likely you wont be able to get your money back neither in 6, nor in 12 months. Why? What is the problem of asking for more information to do business?
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Well, this is certainly a good rate as electricity does cut into ROI, but the other big issues are getting cards at a decent price and where the market is going. New cards are coming down though may never go down to where they were, but the second hand market is dropping fast, especially for 1070s.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
Well, as you say a problem is partially resolved with the Ebay rebates, but you are right with the market. I do not know if mining some altcoin a little more secondary like those that are inside the top 20
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Now for the mistaken ones please listen:
Go re-read my original post quoted up there.
I said a generator on PETROL. Generators run on fuel, not crypto.
Y'all can get pretty crazy sometimes..... lol
I owe you an apology bro, I did not read you very well because I am a beginner in English no apology needed... i'm not offended at all, just surprised at how far of a tangent this went on; so thought i would point it out Ok, maybe you can help me and guide me in this altcoin mining, what are you currently mining and what are the reasons for it?...
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Now for the mistaken ones please listen:
Go re-read my original post quoted up there.
I said a generator on PETROL. Generators run on fuel, not crypto.
Y'all can get pretty crazy sometimes..... lol
I owe you an apology bro, I did not read you very well because I am a beginner in English
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I think I am late to the mining World but, is it still possible to still set-up a rig and still make profit?
Sure it is. But the ROI is much much longer. Actually ya don't understand what are you talking about. Right now we can see levels of zero profitability for those guys who already have the farms and whose electricity is very chip. Maybe if you're trying to mine with older gpu's. I don't mine with anything older than a 1070ti. Those are still profitable even at today's coin prices. I wouldn't buy any more of them even at msrp, but I'm not ready to sell them yet either. May be. Let's estimate. 1070 and 1070ti are the best ones now. They ' ll give you $0.5 profit per day on $0.06 kwt/h electricity from wall according what to mine coins. That's it. It is a profit still i agree. But zero profitability is very near. Ya can argue that there are some shitcoins with better perfomance. This hour or yesterday. May be. But it is not mining. you crazy..... I earn over $1/day on a 1070 on a long standing algo..... You must also take into account others' mining strategies may not be the same inside the box thinking that you are using. if you can max out a 10KwH generator on petrol; you can definitely be profitable. Food for thought. Damn but Petrol feels so politically wrong for me tho... like I'm Helping Maduro's Regime... It's politics don't even pay attention to what I just said. I am a Venezuelan, and I will tell you a little about petro. Petro will not be a minable currency. The government will mine them, without minable code, second. The petro may not be redeemable anywhere. And finally ... 20 petros are worth $ 1000, so it's just a mature way to avoid trump blocking If you think you're going to mine petro, you live in a fairy world
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What!? $0.0001 KW/h unbelievable It's not an exaggeration, electric costs do not affect us ... Search for mining in Venezuela Would it be profitable to mine any currency? My biggest concern is if I can recover the investment in 6 months
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Hello everybody! I am new in the forum (This is my first topic) and my english is basic... But I'm here to ask how they see mining in their respective countries (without saying location). I'm from a country with the cheapest electricity in the world. The price is 0.0001$ per kw/h. Although blackouts happen every month. The minery here is very profitable. But how is the situation in China, Russia, the United States, Europe? The price of cryptocurrencies has affected them a lot? Excuse me for my English as an automatic translator.
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