What coin to mine if I have FREE Electricity?

[jogebe]

Hello,

I am a college student living in big dorms and I know that I can get away with some crypto mining. The great thing about this is that electricity is "free" (fyi for the annoying nothing is free and righteous people out there, it ain't free I pay way too much for college in the US so I have every right for mining. move on   ) So I was wondering if any of you can tell me which coin to mine and with what rig? GPU mining? CPU mining? ASIC mining? what would make the most sense? I have a budget around $2k the most.

thanks for the help.

[Ayers]

you can mine anything there is really too much profit now, if you have free electricity or 50 cent does not matter much now, a gpu can do $200 a month, it's insane mate believe me, take a look at whattomine

[Vann]

$2000 would get you an AMD 5 card rig or 6 cards if you buy them right. That would give you you the biggest range of options. If you to go with Nvidia, then look at ZEC or skein coins.

[jogebe]

Thanks for the help guys. Any gpu that you specifically recommend? Or what I should look at when purchasing, like clock speed, memory etc..?

[YIz]

Thanks for the help guys. Any gpu that you specifically recommend? Or what I should look at when purchasing, like clock speed, memory etc..?

RX 470s or 480s are your best bet, but since you have free electricity R9 290s and 390s and even 280s can make an extremely good value if bought second hand.

[Vann]

I agree the the older GCN 3 cards like the R9 would be a good option, just make sure they are more than 2GB VRAM so you can mine ETH. I wouldn't go with older cards than that since GCN 1 and 2 cards are not supported in Linux with the current AMDGPU drivers. The other problem with used cards is no warranty. For new cards I would look at the Sapphire Nitro+ RX cards. Lots of miners love those cards, easy to mod overclock well, and are not overpriced.

https://www.newegg.com/Product/Product.aspx?Item=N82E16814202279

[hawkfish007]

You should find out how many amp is allocated to your room, or if there is only 1 breaker for the entire row before purchasing anything. And if you are ok with 800-1000 watt heater running at high setting 24/7 in your room If you are ok with amp and heat, I would say go ahead.

[Vann]

You should find out how many amp is allocated to your room, or if there is only 1 breaker for the entire row before purchasing anything. And if you are ok with 800-1000 watt heater running at high setting 24/7 in your room If you are ok with amp and heat, I would say go ahead.

Good point! If it's a 15 AMP circuit for the whole room, at 120V it can continuously run up to 1200 W MAX and about 1800 W on a 20 A MAX. The R9's can use 250W+ each. The RX 4XX/5XX use about half that without any power mods.

[Elder III]

You're going to have a hard time finding AMD GPUs right now since most of the 470/480s and 570/580s are sold out or priced 3x over what they were earlier this year. With $2K you could make a system with 6 GTX 1060s and get some nice profits with pretty low power consumption. --- Do try to figure out what kind of circuits are in your dorm room before you spend money on stuff that will trip your breakers every 2 minutes.