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Author Topic: Urgent.Min cost to setup a mining farm?  (Read 641 times)
eni1 (OP)
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July 02, 2017, 09:58:10 PM
 #1

Hi all,can anybody help out with a rough min estimate Eth mining setup and its returns

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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puwaha
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July 02, 2017, 10:37:06 PM
 #2

Sure:

https://whattomine.com/coins
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July 03, 2017, 02:24:08 AM
 #3

you'll be lucky if you get yourself to build a 6 gpu rig for less than 2000 dollars, there's no more cheap radeon gpu the only ones out there are nvidia which increases your initial investment because of being expensive cards.
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July 03, 2017, 02:26:32 AM
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Right now it's pretty costly. If I had to start from scratch right now, with the current lack of availability of GPUs (and the cost when you can find them), I don't know if I would go for it.  If you just want to build 1 rig to test it out, then I'd say go for it, but if you say a farm I take it you're thinking of 10 or more rigs? I would not try to do that many right now unless you have money you can afford to lose or don't need a return on for a year or more.
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July 03, 2017, 11:37:28 AM
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you'll be lucky if you get yourself to build a 6 gpu rig for less than 2000 dollars, there's no more cheap radeon gpu the only ones out there are nvidia which increases your initial investment because of being expensive cards.
Thanks,how much roughly do you think i could make monthly from the 2000 dollars min investment into this?

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July 03, 2017, 11:48:15 AM
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300-600$ month.
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July 03, 2017, 12:07:29 PM
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300-600$ month.
Thanks,i just sent you a PM.

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July 03, 2017, 12:14:13 PM
 #8

This month... Next month it will be significantly less, and the month after that will be less than that month, etc.

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July 03, 2017, 12:26:09 PM
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This month... Next month it will be significantly less, and the month after that will be less than that month, etc.


What makes you feel it will be less?

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July 03, 2017, 12:39:14 PM
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This month... Next month it will be significantly less, and the month after that will be less than that month, etc.


What makes you feel it will be less?

Unless prices will move up, it will be less.
Difficulty will move higher and higher.
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July 03, 2017, 12:42:43 PM
 #11

In addition to what everyone said, you'll have a hard time obtaining GPUs to mine.
Many cards have gone up and the prices have skyrocketed.

Honestly at this point you're better off investing your budget in crypto directly, rather than buy equipment to mine it.
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July 03, 2017, 01:11:36 PM
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Thanks all,i appreciate .

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July 03, 2017, 01:28:52 PM
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Everyone must share the same money so as more and more people mine there is less money for each person.

So with the high price of gpu it is not a great time to get into it.
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July 05, 2017, 01:08:28 PM
 #14

Everyone must share the same money so as more and more people mine there is less money for each person.

So with the high price of gpu it is not a great time to get into it.
Thanks. made up my mind to invest the cap rather than mining for now.

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