i need few answer from someone who is experienced in alt coins mining!

[ritzie]

First of all hello to everyone am new here.

Am not a tech guy so ill have some probably simple and easy questions for most of the people here.

Am looking to start a mining farm and i need the best machine setup at this moment.
All the parts ill need to configure one machine and how much it be earning daily.

Ill appreciate if you can post link or atleast names of items so i can find them and calculate my costs per machine.

I want to get the best hard possible (which is available of course) and how much it will be mining daily so i can do the math.


Thank you!

[t2yax]

its better to choose those parts:

asrock h81 btc
5x rx 470
usb risers
+80 platinum power supply

using software is simple, starting miner -h or --help argument will show you available options.
then you will combine some arguments to start the miner.for example:
miner -a luffa -o stratum+tcp//server.com:port -u username.worker -p yourworker password

of course at most times its more complicated(it depends on algorithm),you need more arguments also you need to set opencl environment variables such as

setx GPU_FORCE_64BIT_PTR 0
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_SINGLE_ALLOC_PERCENT 100

if you gonna mine ethereum with multiple cards you need to set virtual memory to 16 gb also

[eckmar]

Well if you have no idea what you are doing (you dont...) don't you think it's better to buy just single miner and see how will it go and then invest in larger mining farm ? You should always invest in something that you know. I agree with  t2yax said you should get. Other than parts electricity cost plays big role here. If it's greater than 0.06$/kWh don't invest in mining farm.

[ritzie]

thank you guys, infact kwh price is 0.07701 - 0.0779$ depends on convertor, is that alot ?

yes am thinking about setting up one machine for start and try it, but anyway about how much is min/max earning by one of these machines so i can do the math once again and how much kwh will spend + / - if anyone know.

[Wotan Wipeout]

My advise is to build 1 Testrig AMD 470 and / or 480 and 1 Testrig NVidia 1070.
In case you build 1 Nvidia Rig you should choose 1070 with 1 PCI-E. (Gigabyte G1, Inno3D ...)

http://whattomine.com/

To give a rough estimate...

AMD
ZCash
470 --> 110 Watt --> 250 Sols --> 0,024 Sol --> 0,0011 BTC ( estimates - i dont own 470 )
480 --> 110 Watt --> 250 Sols --> 0,024 Sol --> 0,0011 BTC per Day

Nvidia
LBRY
1070 --> 120 Watt/h --> 265 Mhash --> 70 LBRY --> 0,0018 BTC per Day
1080 --> 130 Watt/h --> 370 Mhash --> 99 LBRY --> 0,0025 BTC per Day

Greetings

Wotan

[ritzie]

@wotan difference in prices is double and more

[dbct]

thank you guys, infact kwh price is 0.07701 - 0.0779$ depends on convertor, is that alot ?

yes am thinking about setting up one machine for start and try it, but anyway about how much is min/max earning by one of these machines so i can do the math once again and how much kwh will spend + / - if anyone know.

hello ritzie

you can always come to our irc channel and have a nice chat about mining and miners with us
just come over to #pimp on the freenode

dbct

[adaseb]

You are too late. It will take you months to get everything set up and learn the knowledge of how to mine, and then ETHEREUM will enter the Mining Bomb and will be unminable.

If you have cheap or free power get an Bitcoin ASIC instead, you will make slightly less at first but the equipment will stay profitable longer.

[Wotan Wipeout]

@wotan difference in prices is double and more

You are right, ritzie.
But after building lots of AMD rigs i thought a bit of distribute cant be bad.
So i have maybe 20 - 30 % Nvidia rigs. And i am more than satisfied with em.
I would never go 100% AMD or 100% 470/480.

Wotan

[Wotan Wipeout]

You are too late. It will take you months to get everything set up and learn the knowledge of how to mine, and then ETHEREUM will enter the Mining Bomb and will be unminable.

If you have cheap or free power get an Bitcoin ASIC instead, you will make slightly less at first but the equipment will stay profitable longer.

We all cant look into the future. Maybe it would be best to just buy BTC and wait for 1200 $ per BTC.
Some of us startet with only a few GPUs and now they own a little Farm.
Never risk money you cant afford to loose.
But in case all goes wrong the Rigs always can be sold.

I personally build some rigs just for the fun. I.e. I have a watercooled Gigabyte G1 1080 rig using a Thermaltake W100 with P100, i might never ROI. But who knows?

There will always be new coins......

 

Wotan

[eckmar]

You are too late. It will take you months to get everything set up and learn the knowledge of how to mine, and then ETHEREUM will enter the Mining Bomb and will be unminable.

If you have cheap or free power get an Bitcoin ASIC instead, you will make slightly less at first but the equipment will stay profitable longer.

With asic you are limited to minining bitcoin (well it was always most profitable) and if you decide to stop mining it will be hard to sell your miner. With gpu miners however you can sell them whenever you want since gamers will always buy your Gpus and new profitable coin appears every now and then.

[fmz89]

First of all hello to everyone am new here.

Am not a tech guy so ill have some probably simple and easy questions for most of the people here.

Am looking to start a mining farm and i need the best machine setup at this moment.
All the parts ill need to configure one machine and how much it be earning daily.

Ill appreciate if you can post link or atleast names of items so i can find them and calculate my costs per machine.

I want to get the best hard possible (which is available of course) and how much it will be mining daily so i can do the math.


Thank you!

-first you need to know basic electricity(price per kwh on your state) if >0.2usd better skip your idea
-basic overclocking/undervolting/underclocking
-bios modification

and.... wrong time to enter mining world, the gold days has been passed
still will be profitable if you are hardware enthusiast

[Amph]

@wotan difference in prices is double and more

well he should compare zec with zec not zec with lbry

on zec the earning would be nearly double, so it make sense to spend 2x on the investment

[FFI2013]

its better to choose those parts:

asrock h81 btc
5x rx 470
usb risers
+80 platinum power supply

using software is simple, starting miner -h or --help argument will show you available options.
then you will combine some arguments to start the miner.for example:
miner -a luffa -o stratum+tcp//server.com:port -u username.worker -p yourworker password

of course at most times its more complicated(it depends on algorithm),you need more arguments also you need to set opencl environment variables such as

setx GPU_FORCE_64BIT_PTR 0
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_SINGLE_ALLOC_PERCENT 100

if you gonna mine ethereum with multiple cards you need to set virtual memory to 16 gb also

Im just asking because I have all r9 290/390 cards and wanted to get some newer cards for the power cost, but why rx470 instead of the 480 like I said just asking so I can decide what cards to get Thank You

[Wotan Wipeout]

I dont care the name of the coin i mine.
Instead i mine the most profit one for the GPUs.
So atm AMD 480 Zec and Nvidia 1070 /1080 LBRY.

@FFI2013
The 470 are a few % cheaper and have nearly the same output as 480s.
So far i only have 480s because they are only a few % more expensive, and i think they will be better to sell and
a little bit faster (in the future) mining other coins.
Greetings

Wotan

[ethereumhunter]

Well if you have no idea what you are doing (you dont...) don't you think it's better to buy just single miner and see how will it go and then invest in larger mining farm ? You should always invest in something that you know. I agree with  t2yax said you should get. Other than parts electricity cost plays big role here. If it's greater than 0.06$/kWh don't invest in mining farm.

electricity fee is the problem for every miners, they should calculate how much they should pay the fee. if the fee is no problem, then mining can continue and we can expect for good results.

I dont care the name of the coin i mine.
Instead i mine the most profit one for the GPUs.
So atm AMD 480 Zec and Nvidia 1070 /1080 LBRY.

@FFI2013
The 470 are a few % cheaper and have nearly the same output as 480s.
So far i only have 480s because they are only a few % more expensive, and i think they will be better to sell and
a little bit faster (in the future) mining other coins.
Greetings

Wotan

great, finally you start your own mining, i think you should choose another the coins that would work perfect with your hardware. if you trying to change with one coins into another coins, then i suggest you try with coins A for 2 days, and then change it into coins B for 2 days, and see what is the best results you get.

[ccccccc7]

Hello - welcome welcome!

You say you're not a tech guy so I would advise against starting a mining farm especially at least wait until the new AMD + Nvida GPU are released as this will drop prices of other units.

A mining farm is difficult to start and manage for a experienced tech and if you're mining for profit you will also need some shrewd business/trading skills

You should add some GPU's to whatever hardware you already have or even start by CPU mining to get a feel for things like mining software, mining pools, writing batch files, crypto exchanges.

But in answer to your question

Motherboard -> H81 BTC Pro2 R2 http://www.asrock.com/mb/Intel/H81%20Pro%20BTC%20R2.0/
Risers -> USB risers (no sata for powering them & no ribbon risers)
Power (do not buy cheap) -> Evga Supernova G2 or P2, SuperFlower Leadex, Corsiar AX or RM
GPU (most power) -> R9390(340sol/s) - R9 Fury(400sol/s) - 7990(500sol/s) - ProDuo(810sol/s)
GPU (most efficient) -> RX470(230sol/s) - RX480(260sol/s)
CPU -> whatever is cheapest
RAM -> whatever is cheapest

There are also some problems to think about

A major issue also is cooling - running 1 or 2 5/6 card rigs in a room might be acceptable but a farm you would have 60+ cards so it becomes a real issue.

Another point to think about the power in your mining location. Running 10 rigs each at 1000W constantly puts serious strain on the wiring in a normal house and can eventually damage them.

The list goes on but you're in one of the best places to learn about mining your best bet is to read as much as you need to on here and gain the knowledge before embarking on such a large scale operation

[ritzie]

Thank you everyone for the comments i got my answers answered, infact have had already list of hardwares just needed someone to confirm, am not tech but but am also not non tech guy, am self and fast learner. My last question is: 0.07701 - 0.0779USD per kWh is ok? Or can anyone tell me how many kWh's one machine will be eating in 1hour so i can do math myself. I plan to start with 1-2 machines and as soon as i study them ill get to 10 machine total, for the electricy i have solution just ill have to pay 0.07701 - 0.0779USD kWh.