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Elder III
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June 20, 2017, 10:00:42 PM |
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It only comes with 2 video cards, so I would not call it that great of a deal. If you added another high end power supply and 4 more video cards at your own expense it would be a nice mining rig, as it is now it's essentially only half completed imo.
At current exchange rate and difficulty it would take about 150 days to break even at that price with just 2 video cards.
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BitBustah (OP)
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June 20, 2017, 10:29:41 PM |
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It only comes with 2 video cards, so I would not call it that great of a deal. If you added another high end power supply and 4 more video cards at your own expense it would be a nice mining rig, as it is now it's essentially only half completed imo.
At current exchange rate and difficulty it would take about 150 days to break even at that price with just 2 video cards.
Thanks for replying. Appreciate it. This is the calculated profit on that site:  Breakeven at 5.09 months, and it should produce €225 monthly after that. Is that accurate? Don't really care about those 5.09 months, as long as it gives profit after the breakeven period.. What do you think? Edited to add: This is being advertised as a rig for beginners. I'm seriously considering buying this as my first rig. But it has to make profit eventually, otherwise it's money and time not well spent.  |
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poby
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June 21, 2017, 01:00:01 AM |
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It is highly unlikely you would see any profit inside 12 months or more. All these calculations on ROI fail to take into account inexorably increasing difficulty. Especially at your electric cost, don't expect to be able to mine for profit in a few months. The best possible scenario is you might get back what you paid in a couple of years but far more likely you will never make a net profit.
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ivanst776
Legendary
 Offline
Activity: 1540
Merit: 1003
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June 21, 2017, 01:05:45 AM |
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Double the budget and you get a rig with 6 GPUs (in normal circumstance) or maybe less than 2000€. I don't think this rig is so much profitable, it will take many months to reach the ROI but if you can try to buy a bigger rig with 6GPUs. PSU is small but the motherboard is good which can afford 6GPUs which is good other parts are just fine. |
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Vaccinus
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June 21, 2017, 09:14:22 AM |
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no don't purchase pre made rig, they are more expensive, and a scam, better to build your own rig is far cheap and it's fun, you just need a good MB 6 x gpu risers cpu ram and ssd, and you are done, see instruction on youtube maybe |
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Jdope
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June 21, 2017, 09:29:22 AM |
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You're going to be paying much more than you should on a pre built rig, plus i have no idea how they squeezed 25mhs out of a gtx 1060, best performance i saw was around the 22-23 mark and it was heavily overclocked. Better to build yourself a rig, maybe get a couple of gtx 1080ti on some motherboard you have laying around (or even buy a cheaper 3-4 gpu motherboard) and you should be ready to go. 2 1080ti should get close to 540$ mining zcash.
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BitBustah (OP)
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June 21, 2017, 09:33:29 AM |
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no don't purchase pre made rig, they are more expensive, and a scam, better to build your own rig is far cheap and it's fun, you just need a good MB 6 x gpu risers cpu ram and ssd, and you are done, see instruction on youtube maybe
Yeah I figured I would pay more. The only thing is I have 0 experience in mining and my hardware knowledge is terrible. The software part would be doable I guess. Vaccinus, I'll send you a PM. |
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BitBustah (OP)
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June 21, 2017, 09:34:05 AM |
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Jdope and Vaccinus, I'll send you a PM.
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Heimer
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June 21, 2017, 03:24:53 PM |
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You dont need to have PhD in programming to mine. Buy some GPUs, good PSU, decent CPU with rest of the equipment and you're ready to go  |
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BitBustah (OP)
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June 21, 2017, 08:36:03 PM |
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All my questions have been answered. I'm setting up my mining rig as we speak. Thanks!
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Rexdavinci
Newbie
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Activity: 4
Merit: 0
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June 21, 2017, 08:46:39 PM |
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All my questions have been answered. I'm setting up my mining rig as we speak. Thanks!
Glad to know that. Please, what are the specifications of the rig and did you get the parts on an online store? I am thinking of building a rig now. |
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BitBustah (OP)
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June 21, 2017, 09:09:22 PM |
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Still setting up. Still have work to do.
Cheap but decent components. Most expensive component was the Asus GTX 1080TI STRIX graphics card.
I'll be doing some nicehash benchmarks soon.
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Heimer
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June 21, 2017, 10:20:06 PM |
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How many of them will you have?
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ChrisCollins322
Member
Offline
Activity: 98
Merit: 10
Bitcointalk community manager
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June 22, 2017, 06:24:19 AM |
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GL man, do not close the topic. wanna spectate ur mining path
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▬▬▬▬ Bitcointalk community ICO manager ▬▬▬▬ |
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vurasasog
Newbie
Offline
Activity: 65
Merit: 0
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June 22, 2017, 06:41:34 AM |
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It is highly unlikely you would see any profit inside 12 months or more. All these calculations on ROI fail to take into account inexorably increasing difficulty. Especially at your electric cost, don't expect to be able to mine for profit in a few months. The best possible scenario is you might get back what you paid in a couple of years but far more likely you will never make a net profit.
I agree with that. The difficulty will rise a lot in the near future. |
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ChrisCollins322
Member
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Activity: 98
Merit: 10
Bitcointalk community manager
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June 23, 2017, 07:54:47 AM |
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Cant aggree, with 4 good GPU's u can get real profit in 3-4 monthes
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▬▬▬▬ Bitcointalk community ICO manager ▬▬▬▬ |
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vurasasog
Newbie
Offline
Activity: 65
Merit: 0
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July 10, 2017, 02:21:53 PM |
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Cant aggree, with 4 good GPU's u can get real profit in 3-4 monthes
Not any more. The price of Altcoins has dropped a lot recently. |
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Fadsiman
Newbie
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Activity: 10
Merit: 0
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July 10, 2017, 02:26:55 PM |
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It is highly unlikely you would see any profit inside 12 months or more. All these calculations on ROI fail to take into account inexorably increasing difficulty. Especially at your electric cost, don't expect to be able to mine for profit in a few months. The best possible scenario is you might get back what you paid in a couple of years but far more likely you will never make a net profit.
I agree with that. The difficulty will rise a lot in the near future. |
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