$10,000-15,000 rig

[PinkLlama]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

[notlist3d]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

There is more to it then just cooling.  You need a proper location with electricity wired, most likely 240 with this amount of miners.  Do you have an area wired for lots of watts of electricity?

What is your electricity price... as really it comes down to that.  Also without knowing location it's hard to do cooling as don't know if you will be doing with CFM's or Evaporation.  It highly depends on location.  So your asking kinda the impossible without knowing a lot more information.

[PinkLlama]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

There is more to it then just cooling.  You need a proper location with electricity wired, most likely 240 with this amount of miners.  Do you have an area wired for lots of watts of electricity?

What is your electricity price... as really it comes down to that.  Also without knowing location it's hard to do cooling as don't know if you will be doing with CFM's or Evaporation.  It highly depends on location.  So your asking kinda the impossible without knowing a lot more information.

I've taken care of location. Our price is $0.09/kWh

[VirosaGITS]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

There is more to it then just cooling.  You need a proper location with electricity wired, most likely 240 with this amount of miners.  Do you have an area wired for lots of watts of electricity?

What is your electricity price... as really it comes down to that.  Also without knowing location it's hard to do cooling as don't know if you will be doing with CFM's or Evaporation.  It highly depends on location.  So your asking kinda the impossible without knowing a lot more information.

I've taken care of location. Our price is $0.09/kWh

That is very very high, you'd get better prices hosting the miners at remote Datacenters.

[fanatic26]

I've taken care of location. Our price is $0.09/kWh

If you want to make a profit you will have to do better than that price. Especially with the halving coming you need cheaper rates. Think more like $0.05/kwh or less to make any kind of ROI at this point.

[philipma1957]

To echo above 9 cents is not easy.    6 cents if you have a lot of psus on hand could work.

At nine cents go to the alt coin section  and read this thread


https://bitcointalk.org/index.php?topic=1429151.0

https://bitcointalk.org/index.php?topic=1373930.0


I suggest you build a 4 to 6 card rig or 2 three card rigs.


Basically nine cents does not work for btc

[notlist3d]

To echo above 9 cents is not easy.    6 cents if you have a lot of psus on hand could work.

At nine cents go to the alt coin section  and read this thread


https://bitcointalk.org/index.php?topic=1429151.0

https://bitcointalk.org/index.php?topic=1373930.0


I suggest you build a 4 to 6 card rig or 2 three card rigs.


Basically nine cents does not work for btc

At 9 cent's I'm still not sure I would throw 10-15k into altcoins still.   I think finding a new location with cheaper electericity should be OP's priority. I hope he did not sign any contracts with current location. Don't forget cooling costs, internet, possible wiring (electricity and networking). 

Just a lot of initial costs to go with a place that does not have cheap electricity.

[philipma1957]

To echo above 9 cents is not easy.    6 cents if you have a lot of psus on hand could work.

At nine cents go to the alt coin section  and read this thread


https://bitcointalk.org/index.php?topic=1429151.0

https://bitcointalk.org/index.php?topic=1373930.0


I suggest you build a 4 to 6 card rig or 2 three card rigs.


Basically nine cents does not work for btc

At 9 cent's I'm still not sure I would throw 10-15k into altcoins still.   I think finding a new location with cheaper electericity should be OP's priority. I hope he did not sign any contracts with current location. Don't forget cooling costs, internet, possible wiring (electricity and networking). 

Just a lot of initial costs to go with a place that does not have cheap electricity.

A six card rig is 2300 to 2600 usd.

Six r9 390 = 1900 get power color r9 390 .

Then a motherboard. Is 100
A cpu is 100
Windows 7 50
Quality evga psu 1600 g2  325
Ram 50

About 2550

Rig mines about 160 mh uses about 1400 watts.

1400 watts is about 110 usd in power cost the rig will earn 475 a month before power

So 360 back each month means break even in 6 months.  And the rig will still have value of more then 1000

So 2500 in and 3500 back in six months.

No btc rig has that right now.

I still suggest do some eth coin mining if not a big rig like the one I mention

Do a small rig for 1000.
Do not buy any asics with 9 cent power for btc.
Now on a month asics will come out with lower power use.
You can be ahead of the curve for six months on the power side if you buy a s-9 when it comes out.

I have a  batch 2 s-7 I got it in October 2015. I have 13 cent power and we are in 2016 eight months later I am still ahead of the power curve.

If you buy an s-7 now it has worse power rating then the batch 2. And in July 2 1/2 months from now the 1/2 ing comes and you fall behind on the power curve.

So for a nine cent guy the s-7 or Avalon 6 is about to go bust on the power curve .

[Amph]

i can tell you what i like for the basic equipment

now i have a rig that is half done, composed as follow

asrock h81 pro btc
G1840
8GB ram sniper 1866(better bang for the buck)
ssd 120(again better bang for the buck, cost the same as 64gb on amazon)
corsdai 1500i, i like high and reliable psu, don't mine spending on this
6 x riser, ribbon
6 x nvidia 970(i would wait for nvidia 1070 at this point, i'm selling mine for them) with those you can buy 1k psu and be good

[notlist3d]

i can tell you what i like for the basic equipment

now i have a rig that is half done, composed as follow

asrock h81 pro btc
G1840
8GB ram sniper 1866(better bang for the buck)
ssd 120(again better bang for the buck, cost the same as 64gb on amazon)
corsdai 1500i, i like high and reliable psu, don't mine spending on this
6 x riser, ribbon
6 x nvidia 970(i would wait for nvidia 1070 at this point, i'm selling mine for them) with those you can buy 1k psu and be good

PSU's are not a bad thing to spend on either.  If you ROI on one it's nice to have around for future projects.  I used some of my RM1000's from long ago on a rig that I'm messing with ether on. 

And if you end up not using the PSU again keep the box, and everything and you can sell for a decent amount of your money back on quality PSU's.  At this point I pretty much keep all equipment boxes.

[CoinsRoyal]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Remember you were not the first one who thought about this.
If you are serious I would recommend you buy some S7 miners first.

Learn how to mine and calculate if your earnings will give your ROI within a certain period.

Remember that most of unknown factors are not clear
- Your miners eventually will come 'useless' since the difficulty will increase
More info here: https://bitcoinwisdom.com/bitcoin/difficulty

- Your time is valuable, and miners are like woman, they need a lot of time of care.

- The price of bitcoin is a factor which can blow up the whole operation, there is no guarantee the price go up or stay the same...

[notlist3d]

And for those mentioning spending on GPU for ether it sounds good currently.  But what scares me is longterm the difficulty.  If most miners turn on a rig or two... difficulty goes up. It is getting more popular and difficulty is going up.

Look at last 30 day's - https://etherscan.io/charts/difficulty .   That is like 30 percent or so up if my math was right.

[wikenpp]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Remember you were not the first one who thought about this.
If you are serious I would recommend you buy some S7 miners first.

Learn how to mine and calculate if your earnings will give your ROI within a certain period.

Remember that most of unknown factors are not clear
- Your miners eventually will come 'useless' since the difficulty will increase
More info here: https://bitcoinwisdom.com/bitcoin/difficulty

- Your time is valuable, and miners are like woman, they need a lot of time of care.

- The price of bitcoin is a factor which can blow up the whole operation, there is no guarantee the price go up or stay the same...

I can only applaud this reply. LIke you i also had a setup for the same kind of money. In the end o was able get some ROI, but when you compared the time spent it's was in no way profitable.
Sure it was fun and therefore I don't regret it, but today I would rather wait for a low price to buy bitcoins then to step in and start a mining operation.

I hope this helps you.

[d57heinz]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Buy btc and just hold.. Trust me with the amount of hassle that the s7's have been for being a  first timer id strongly suggest against it.. If you are looking for lots of gray hair and a community thats very interesting to say the least then you have come to the right place..   By all means jump right in.. But all those guys telling you that 9 cents is too high well they are right.. and to dump 20k into altcoins is even more risky.. I will say ethereum is most promising but it will go Proof of stake and you will be stuck with a bunch of graphics cards that may not be profitable to run.. Anyway just some things to think about.. Asic game for the home guy has been over for a bit.. All those that bought later batches of s7 gonna cry when this s9 comes out.. Its really sad that this process just keeps repeating itself and noone seems to wise upl.  Soon as a new miner comes they all forget the last few months of fuckery from bitmain and are ready for the money machines to be released.. I dont get it personally. but to each their own..

Edit also you wouldnt want to buy a miner just before halving as they are going to charge double to trick those that cant do simple math or are just too lazy and they will get popped.. But seriously no miners should be bought till after mid july.. wed have to have billions of dollars come in to double the price so i have a gut feeling the price of btc def wont double. But im sure will rise some.. Something else to ponder.

Best Regards
d57heinz

This should give you a good understanding of how well there machines are built.  https://bitcointalk.org/index.php?topic=1420909.0
https://bitcointalk.org/index.php?topic=1165628.msg14820802#msg14820802  closed source software that possibly can destroy the miner.. With all the defects this idea isnt that far fetched.. To me sounds about right with there past track record.  I def wouldnt update my firmware if that was even in question.  And sad thing is Bitmain at one time was trusted.. But they too got greedy and shot the diff sky high on us.. Self mining with the hw they make for pennies on the dollar.. Its sad to me that money can destroy so much yet people still think its the greatest thing on earth..


see this is one happy guy here.  https://bitcointalk.org/index.php?topic=1165628.msg14801607#msg14801607  price now is 450 ish.  Way more profit then he could ever do buying these machines.. Not to mention bitmain has been figuring out the price and upping it and upping it to the point now you have to have less then 5 cents with 12 month roi lol..  Again like with cloud mining why would these companies want us to make the profits .. Its like leaving it on the table.. They dont think this way at all.  And now that they are in data centers with 2 cents per kw power  they can up it a bit more yet.. Just so those with decent rates wont bother either..   Again we have to switch modes and start buying it instead of letting these guys constantly milk us to death..   Id say its obvious im over it lol..

ONE last edit.. For those of you in the know.. The fact that sidehack hasnt got any chips to work with when he was the only one looking to help us out should speak volumes!!!

[philipma1957]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Buy btc and just hold.. Trust me with the amount of hassle that the s7's have been for being a  first timer id strongly suggest against it.. If you are looking for lots of gray hair and a community thats very interesting to say the least then you have come to the right place..   By all means jump right in.. But all those guys telling you that 9 cents is too high well they are right.. and to dump 20k into altcoins is even more risky.. I will say ethereum is most promising but it will go Proof of stake and you will be stuck with a bunch of graphics cards that may not be profitable to run.. Anyway just some things to think about.. Asic game for the home guy has been over for a bit.. All those that bought later batches of s7 gonna cry when this s9 comes out.. Its really sad that this process just keeps repeating itself and noone seems to wise upl.  Soon as a new miner comes they all forget the last few months of fuckery from bitmain and are ready for the money machines to be released.. I dont get it personally. but to each their own..

Edit also you wouldnt want to buy a miner just before halving as they are going to charge double to trick those that cant do simple math or are just too lazy and they will get popped.. But seriously no miners should be bought till after mid july.. wed have to have billions of dollars come in to double the price so i have a gut feeling the price of btc def wont double. But im sure will rise some.. Something else to ponder.

Best Regards
d57heinz

This should give you a good understanding of how well there machines are built.  https://bitcointalk.org/index.php?topic=1420909.0
https://bitcointalk.org/index.php?topic=1165628.msg14820802#msg14820802  closed source software that possibly can destroy the miner.. With all the defects this idea isnt that far fetched.. To me sounds about right with there past track record.  I def wouldnt update my firmware if that was even in question.  And sad thing is Bitmain at one time was trusted.. But they too got greedy and shot the diff sky high on us.. Self mining with the hw they make for pennies on the dollar.. Its sad to me that money can destroy so much yet people still think its the greatest thing on earth..


see this is one happy guy here.   https://bitcointalk.org/index.php?topic=1165628.msg14801607#msg14801607  price now is 450 ish.  Way more profit then he could ever do buying these machines.. Not to mention bitmain has been figuring out the price and upping it and upping it to the point now you have to have less then 5 cents with 12 month roi lol..  Again like with cloud mining why would these companies want us to make the profits .. Its like leaving it on the table.. They dont think this way at all.  And now that they are in data centers with 2 cents per kw power  they can up it a bit more yet.. Just so those with decent rates wont bother either..   Again we have to switch modes and start buying it instead of letting these guys constantly milk us to death..   Id say its obvious im over it lol..

See the bolding  that is really pretty true.

And just about 1 ½ years ago the pricing allowed for  5-7 month roi at 9-10 cents.

When the  ½ ing comes a lot of blood will be let.

I still think a 2000 usd investment in an eth coin rig is not so bad.

But 10-15 k in asics today with 9 cent power is not the best bet.

[d57heinz]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Buy btc and just hold.. Trust me with the amount of hassle that the s7's have been for being a  first timer id strongly suggest against it.. If you are looking for lots of gray hair and a community thats very interesting to say the least then you have come to the right place..   By all means jump right in.. But all those guys telling you that 9 cents is too high well they are right.. and to dump 20k into altcoins is even more risky.. I will say ethereum is most promising but it will go Proof of stake and you will be stuck with a bunch of graphics cards that may not be profitable to run.. Anyway just some things to think about.. Asic game for the home guy has been over for a bit.. All those that bought later batches of s7 gonna cry when this s9 comes out.. Its really sad that this process just keeps repeating itself and noone seems to wise upl.  Soon as a new miner comes they all forget the last few months of fuckery from bitmain and are ready for the money machines to be released.. I dont get it personally. but to each their own..

Edit also you wouldnt want to buy a miner just before halving as they are going to charge double to trick those that cant do simple math or are just too lazy and they will get popped.. But seriously no miners should be bought till after mid july.. wed have to have billions of dollars come in to double the price so i have a gut feeling the price of btc def wont double. But im sure will rise some.. Something else to ponder.

Best Regards
d57heinz

This should give you a good understanding of how well there machines are built.  https://bitcointalk.org/index.php?topic=1420909.0
https://bitcointalk.org/index.php?topic=1165628.msg14820802#msg14820802  closed source software that possibly can destroy the miner.. With all the defects this idea isnt that far fetched.. To me sounds about right with there past track record.  I def wouldnt update my firmware if that was even in question.  And sad thing is Bitmain at one time was trusted.. But they too got greedy and shot the diff sky high on us.. Self mining with the hw they make for pennies on the dollar.. Its sad to me that money can destroy so much yet people still think its the greatest thing on earth..


see this is one happy guy here.  https://bitcointalk.org/index.php?topic=1165628.msg14801607#msg14801607  price now is 450 ish.  Way more profit then he could ever do buying these machines.. Not to mention bitmain has been figuring out the price and upping it and upping it to the point now you have to have less then 5 cents with 12 month roi lol.. Again like with cloud mining why would these companies want us to make the profits .. Its like leaving it on the table.. They dont think this way at all.  And now that they are in data centers with 2 cents per kw power  they can up it a bit more yet.. Just so those with decent rates wont bother either..   Again we have to switch modes and start buying it instead of letting these guys constantly milk us to death..   Id say its obvious im over it lol..

See the bolding  that is really pretty true.

And just about 1 ½ years ago the pricing allowed for  5-7 month roi at 9-10 cents.

When the  ½ ing comes a lot of blood will be let.

I still think a 2000 usd investment in an eth coin rig is not so bad.

But 10-15 k in asics today with 9 cent power is not the best bet.

I agree there  i put about 5k into myself but back in early march.(i also had a huge advantage here having over 150 psu from btc mining available to me.  Already bought and pd for.. all i needed was a few mobos and the essentials there and i was up and running that i feel gave me a huge advantage over others having to buy psu aswell). Should have done it sooner but i have 2k yet from the presale of eth back a couple years ago (saving for pos).. But to put 20k in that without a clue is a big gamble.. But 10 % sounds much more reasonable.. And i have had to mess with the eth mining WAY more then btc. but its a wip obviously.. but graphic cards seem to be a bit flakier then asics.. mostly due to drivers im sure.. but its a issue to say the least..

[WarrEagle]

Since April first I have built several 6 GPU rigs that mine ETH at 120 MH/s using power efficient (1100 watts total draw) R9-380's. Total cost per rig was just under $1700, including the custom frames & USB risers, labor is about 2 hours per rig at this point for everything, and I can build one in under an hour now.  I've sold two on Ebay so far at $2700 + shipping each. I spent another $500 on shelves and cooling, as I needed big barrel fans and a sun awning outside my garage door. to keep the afternoon sun off the power supplies and to push the heat out and keep the rain out.

Formula = Build rig, burn in and test (mining ETH) sell rig = instant ROI, build another rig. I still have 4 custom rig frames in my garage and have also sold a couple of them on ebay as Kada clones that I can build for half of what Mintcell charges.

[philipma1957]

Since April first I have built several 6 GPU rigs that mine ETH at 120 MH/s using power efficient (1100 watts total draw) R9-380's. Total cost per rig was just under $1700, including the custom frames & USB risers, labor is about 2 hours per rig at this point for everything, and I can build one in under an hour now.  I've sold two on Ebay so far at $2700 + shipping each. I spent another $500 on shelves and cooling, as I needed big barrel fans and a sun awning outside my garage door. to keep the afternoon sun off the power supplies and to push the heat out and keep the rain out.

Formula = Build rig, burn in and test (mining ETH) sell rig = instant ROI, build another rig. I still have 4 custom rig frames in my garage and have also sold a couple of them on ebay as Kada clones that I can build for half of what Mintcell charges.

I actually prefer gpu mining over asic mining.


Of course you need a coin that turns profit and so far eth coin is doing this.
Gpu rigs need more baby sitting then asics but I have high power costs and only Eth coins turn a very good profit at my power costs. I have the solar array joint venture with buysolar and that is all ASIC since it is pretty much maintaince free.

The gpu rigs need to be checked two times a day and two of mine seem to crash 1 time a day.
The other two work about six to eight days then crash.

Why do I have four rigs all with just two cards? All of these will be sold to people I know.
I did this with all my btc gpu rigs.
The day a rig pays for itself mining I sell it to a friend at 1/2 price.
So a 1000 dollar rig makes about 500 profit.
The rigs have

 two r9 390 gpus
A 500 gb sss
A corsair carbide case
A DVD- burner
A quality psu seasonic 850 gold (got a good deal)
Windows 7 pro with upgrade to 10 option
Quality mobos
Good cpus i5 6500t or i5 6600k

It is about a 1500 usd build,but I get a lot of vendor discounts and can do the build for 1000-1100

[notlist3d]

Since April first I have built several 6 GPU rigs that mine ETH at 120 MH/s using power efficient (1100 watts total draw) R9-380's. Total cost per rig was just under $1700, including the custom frames & USB risers, labor is about 2 hours per rig at this point for everything, and I can build one in under an hour now.  I've sold two on Ebay so far at $2700 + shipping each. I spent another $500 on shelves and cooling, as I needed big barrel fans and a sun awning outside my garage door. to keep the afternoon sun off the power supplies and to push the heat out and keep the rain out.

Formula = Build rig, burn in and test (mining ETH) sell rig = instant ROI, build another rig. I still have 4 custom rig frames in my garage and have also sold a couple of them on ebay as Kada clones that I can build for half of what Mintcell charges.

I actually prefer gpu mining over asic mining.


Of course you need a coin that turns profit and so far eth coin is doing this.
Gpu rigs need more baby sitting then asics but I have high power costs and only Eth coins turn a very good profit at my power costs. I have the solar array joint venture with buysolar and that is all ASIC since it is pretty much maintaince free.

The gpu rigs need to be checked two times a day and two of mine seem to crash 1 time a day.
The other two work about six to eight days then crash.

Why do I have four rigs all with just two cards? All of these will be sold to people I know.
I did this with all my btc gpu rigs.
The day a rig pays for itself mining I sell it to a friend at 1/2 price.
So a 1000 dollar rig makes about 500 profit.
The rigs have

 two r9 390 gpus
A 500 gb sss
A corsair carbide case
A DVD- burner
A quality psu seasonic 850 gold (got a good deal)
Windows 7 pro with upgrade to 10 option
Quality mobos
Good cpus i5 6500t or i5 6600k

It is about a 1500 usd build,but I get a lot of vendor discounts and can do the build for 1000-1100

The only thing that worries me on investing heavliy on it is currently ether is pretty much what everyone mines.  It's all that people seem to be making decent profit.  But it is growing pretty rapid - https://etherscan.io/charts/difficulty . 

Now ether could go up in value make it fine.   Or difficulty goes up more and profit goes down.  I am dabbling in it as GPU mining has been fun.  But I personally would not spend the 15k mentioned all on betting on ether.

[philipma1957]

I would either build a smaller rig  for 1000-1500 or buy a bigger  premade rig for 2500-2800 eth coin.



I would then either buy 10,000 usd  in btc.

of buy 5000 usd in btc and keep 5000 usd in cash then see what the ½ ing does

this shows some six card rigs with smaller gpus and my 2 card rig with bigger gpus.

WarrEagle is selling the six card rigs.

My 2 card rigs are bespoke gear

https://bitcointalk.org/index.php?topic=1470700.msg14842576#msg14842576