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Author Topic: How much would it cost to build mining rig?  (Read 898 times)
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October 05, 2017, 01:08:24 AM
 #21

Rig price will all depend on how much you are willing to invest and maybe even lose if it does not work out if you want top end gpu it going to cost you coupled with how many of them you going to run. Lucky there is a good collection of knowledge on bitcointalk.org. Reading topics and YouTube will point you in the right direction too.

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October 05, 2017, 04:48:57 AM
 #22

The PSU should be a EVGA or CORSAIR 1200 watt , fully modular and Platinum rated like the Hx1200 from Corsair, this PSU can keep up 5 cards even if they are running near 200 watt but that is not the case because when you are mining Ethereum they are consuming 135 watt each from GPU-Z or MSI afterburner app.

What you see in the afterburner app or gpuz ,that is not your vga card power consumption ! That is how much power your GPU using on the graphics card !  Grin
So if your gpuz reading is 135 watts , that card easy can pull anywhere from 150 to 250 watts  , if you did not properly undervolted/underclocked fine tuned your cards. This is sometimes really hard for newbies Smiley

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October 05, 2017, 05:58:54 AM
 #23

As everyone posted, it depends.  I am one of the more fortunate people, I live by a Micro Center http://www.microcenter.com/search/search_results.aspx?Ntt=Radeon+RX+570.  I can drive down the street and get a 570 for 219, I can get a 580 for 224, they have open box items at a steep discount and full warranty.  Most of the time, I can get things brand new cheaper than you can find it on ebay. 

Not only are they the cheapest retail store (pretty much in the world), they have the best warranty (in the world).  If you buy their warranty and say a fan dies, they take it back and give you store credit, no need to worry about RMA or the like.

Your mileage may vary....

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October 05, 2017, 07:22:49 AM
 #24

RX480 card real power usage during mining , compare software reading vs real life power draw

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October 05, 2017, 07:51:44 AM
 #25

GTX 1060 6way mining rig has price of almost $2000.

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October 05, 2017, 08:22:34 AM
 #26

So with this TYPICAL 2000$  config
Typical ETH build:

5 x RX580 8 GB - $310 ea or $1,550 total
1 x mobo with support for 5 or 6 GPUs - ~$120
1 x CPU (Intel G4400) - ~$50
1 x RAM 4 GB - ~ $30
1 x 120 GB SSD - ~$50
5 x PCIe USB risers - $50
1 x 1000 watts PSU - $150

,

nowadays, How much $ we can make monthly ?
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October 05, 2017, 08:35:43 AM
 #27

Hi bitcointalk, I want to build mining rig but I dont have the slightest idea how will i build one and how much would it cost me. Currently I have $ 2000. Would it suffice to build mining rig?

Lets try simple calculations for Intel Platform:
1. MoBo: MSI Z270 A-Pro - 100$ (support up to 7GPUs)
2. CPU: Pentium G4400 - 55$
3. RAM: DDR4 8Gb - 70$
4. SSD: 60Gb - 50$
5. USB Risers: 6-7$, for 6 risers - 36-42$
6. m.2 to PCI-e adapter: 2-4$
SUM: 320$

It remains: 1680$ for GPUs and PSU. GPUs and PSU are interdependent variables. GTX1070 or GTX1080 would be the best choise in the beggining. I recommend choose GPUs with 3-slot cooling system. So for remaining sum you can buy 2 GPUs and good PSU (one or two) with Gold plus sertificate at least. And do not forget about case (handmade is practically one choise) and external fans for additional cooling of GPUs.

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October 05, 2017, 08:40:59 AM
 #28

hi.
who is mining now?
how profitable is it?

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October 05, 2017, 06:25:30 PM
 #29

Micro Center is lucky they don't have a store in or near Central Washington - it would NEVER have any stock of AMD RX 470/480/570/580 cards for more than a few hours at those prices.

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October 05, 2017, 07:08:51 PM
 #30

I am also riding the 1070 bandwagon. I put a 7 card rig together for 3900usd. As you guessed correctly I live on the other side of the pond. Prices are higher but I was fairly inexperienced when I got into it.

Asus z270-a
Intel G3430
4gb ram
120gb m.2 SSD
7x zotac 1070 mini
2x EVGA 750W gold PSU
7x pci-e powered usb risers

Is it the best setup for the money? Probably not. Is it making a lot of money with 6 months ROI? Definitely not. Am I happy with it? Yes. I think so? I wouldn't get a 1060 or a 1050ti but get what you think will make money! Let's hope you get something together that works for you!
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October 05, 2017, 09:50:26 PM
 #31

As everyone posted, it depends.  I am one of the more fortunate people, I live by a Micro Center http://www.microcenter.com/search/search_results.aspx?Ntt=Radeon+RX+570.  I can drive down the street and get a 570 for 219, I can get a 580 for 224, they have open box items at a steep discount and full warranty.  Most of the time, I can get things brand new cheaper than you can find it on ebay. 

Not only are they the cheapest retail store (pretty much in the world), they have the best warranty (in the world).  If you buy their warranty and say a fan dies, they take it back and give you store credit, no need to worry about RMA or the like.

Your mileage may vary....



you sir have made my day. I live close by one as well now I need to evaluate my options on some systems to buy. I have alot of options available it seems

Thinking between the two as an initial investment, which provides the best opportunities for adding a card or two in the future?  Seems like the first one may be better, cheaper and better power supply.

Cost- $1199

AMD Ryzen 7 1700 8-Core Processor 3.0GHz
Motherboard Chipset AMD B350
NVIDIA GeForce GTX 1070 8GB
16GB DDR4 RAM
1TB HDD + 240GB SS
Power Supply 700 Watt

Or

Cost- $1299

Intel Core i7-7700K Processor 4.2GHz
NVIDIA GeForce GTX 1070 8GB GDDR5 VR Ready
16GB DDR4-2400 RAM
512GB M.2 SSD
Motherboard Chipset Intel Z270
Power Supply- 500 Watt


All help is appreciated in this adventure and if someone can chat 1 on 1 and help a fellow new miner out it would be greatly appreciated.

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October 06, 2017, 05:03:37 AM
 #32

Strange of course the question. Looking at what cards you want to build a rig, what power. Or do you need a minimum price tag?
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October 06, 2017, 06:14:19 PM
 #33

IMO there is no point to using a high-end Ryzen or high-end Intel CPU in a mining rig - yes, you CAN make a little back on them mining Monero but the PAYOFF is measured in years, as opposed to putting a cheap G-series Intel or using a FX-series or even a A-series AMD base instead.

 FX series CPUs in particular are ballpark $100 ($130ish for the high-end FX 8xxx series) vs *$300* ballpark for a Ryzen 1700 and MORE for that high-end Intel you listed, and the 8320E in particular is good for around 300-350 hash/sec on Monero (vs 400ish for the Ryzen 1700 and perhaps as high as 500 for the 1800x or that Intel).

 AM3+ motherboards also tend to be lower cost than AM4 at this point for similar capabilities (though no M2 on a lot of them, but M2 is a WASTE on a mining machine instead of using a much cheaper HD or USB key option), as are FM2+ motherboards.

 Recent price bouncing in the RAM market has also dropped DDR3 back to being cheaper than the same capacity of DDR4 (though it's still pretty close).


 The one down side is that AM3+ and FM2+ motherboards are starting to become less available, as some manufacturers have stopped making some models in favor of AM4 and whatever that slot the Threadripper uses (SM4? Can't remember offhand) based motherboards.



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October 06, 2017, 07:37:51 PM
 #34

Thanks!  I actually just dug out my old gaming rig that the motherboard fried on a few years back. Turns out it still has a good 850w power supply, DDR 3, and an older i3 or i5 processor. The case has plenty of fans and is capable of holding 4 cards.  Seems like all i need to do is add a new hard drive, motherboard and 3x 1060s.

Kinda excited now that I just cut my cost down a bit.

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October 07, 2017, 05:41:33 AM
 #35

Thanks!  I actually just dug out my old gaming rig that the motherboard fried on a few years back. Turns out it still has a good 850w power supply, DDR 3, and an older i3 or i5 processor. The case has plenty of fans and is capable of holding 4 cards.  Seems like all i need to do is add a new hard drive, motherboard and 3x 1060s.

Kinda excited now that I just cut my cost down a bit.

build yourself an open air case or find one of those shoe racks for $11 dollars at walmart and take the fans from the case and install them on to the open air case, I wouldnt keep them enclosed but I haven't ran 1060s so im not sure how hot they get

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October 07, 2017, 07:03:41 AM
 #36

lol ya know out of everything that has been told to the OP, NOT one of you happened to mention that putting a modded bios voids the warranty with most/all gpu manufactures, with that said do you really think a newbie should be modding his gpus without the proper information, no that's just a horrible idea why would you tell someone that, not to mention if a gpu dies with the modded bios on there, the dude would freak out not everyone knows how to put the original bios back on there once the gpu has done died have you ever herd of KISS - keep it simple stupid, newbies to start with need it simple they don't need a bunch of extra crap thrown at them just to confuse them more

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October 07, 2017, 11:08:28 AM
 #37

Hi bitcointalk, I want to build mining rig but I dont have the slightest idea how will i build one and how much would it cost me. Currently I have $ 2000. Would it suffice to build mining rig?

Yes, $2000 is probably about the average investment in mining equipment. With that amount you could build a nice rig of 4 to 6 cards and the associated support hardware. Much of the choice will come down to which coins you want to mine. Ethereum typically favors AMD and Equihash (Zcash) favors Nvidia, but they both can mine the other algorithm in a pinch.

Typical ETH build:

5 x RX580 8 GB - $310 ea or $1,550 total
1 x mobo with support for 5 or 6 GPUs - ~$120
1 x CPU (Intel G4400) - ~$50
1 x RAM 4 GB - ~ $30
1 x 120 GB SSD - ~$50
5 x PCIe USB risers - $50
1 x 1000 watts PSU - $150

This would put you right at your $2,000 budget. You would also need some type of frame to hold everything so you might need another $50 or so in materials.

A Zcash (Equihash) build would be much the same except you would pick some Nvidia cards such as the 1070's or perhaps the 1060's instead. The 1070's run around $500 so you could run 3 x of them and the 1060's go for $200 for the 3 GB version and $350 for the 6 GB version so you could run 5 or even 6x (if your motherboard supports it).
In your list you can save about $ 150 if you buy RX 580 4Gb. The rate of extraction will remain the same and the savings is approximately 10% of the cost of the GPU. You can buy a second hand motherboard with support for 4 GPU. A few of these cards will cost less than one with support 6 GPU. The same situation with power supplies. With the current profitability of mining coins need any saving.

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October 07, 2017, 03:09:28 PM
 #38

As everyone posted, it depends.  I am one of the more fortunate people, I live by a Micro Center http://www.microcenter.com/search/search_results.aspx?Ntt=Radeon+RX+570.  I can drive down the street and get a 570 for 219, I can get a 580 for 224, they have open box items at a steep discount and full warranty.  Most of the time, I can get things brand new cheaper than you can find it on ebay. 

Not only are they the cheapest retail store (pretty much in the world), they have the best warranty (in the world).  If you buy their warranty and say a fan dies, they take it back and give you store credit, no need to worry about RMA or the like.

Your mileage may vary....



you sir have made my day. I live close by one as well now I need to evaluate my options on some systems to buy. I have alot of options available it seems

Thinking between the two as an initial investment, which provides the best opportunities for adding a card or two in the future?  Seems like the first one may be better, cheaper and better power supply.

Cost- $1199

AMD Ryzen 7 1700 8-Core Processor 3.0GHz
Motherboard Chipset AMD B350
NVIDIA GeForce GTX 1070 8GB
16GB DDR4 RAM
1TB HDD + 240GB SS
Power Supply 700 Watt

Or

Cost- $1299

Intel Core i7-7700K Processor 4.2GHz
NVIDIA GeForce GTX 1070 8GB GDDR5 VR Ready
16GB DDR4-2400 RAM
512GB M.2 SSD
Motherboard Chipset Intel Z270
Power Supply- 500 Watt


All help is appreciated in this adventure and if someone can chat 1 on 1 and help a fellow new miner out it would be greatly appreciated.

If you go to Microcenter its not just the prices.  Read the warranty they offer.  If you return a card they will give you the value of the card on a gift card:

Micro Center Replacement Protection Plan*
If your merchandise breaks or fails, the Micro Center Replacement Plan will go to work for you. Just bring your covered merchandise in to Micro Center for an assessment of the situation. If a replacement is needed, we'll provide you with a Gift Card to use at your local Micro Center store. Use the gift card to purchase a replacement, upgrade to a different model, or buy something else. It's your choice!

Its a deal you can't beat.  They aren't testing the returns while you wait...obviously...Artifacts, fans, dead card, anything...take it back and you will get a giftcard - the cost of the warranty (about 20-30.00)
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October 07, 2017, 03:13:11 PM
 #39

Hi bitcointalk, I want to build mining rig but I dont have the slightest idea how will i build one and how much would it cost me. Currently I have $ 2000. Would it suffice to build mining rig?

it depend if you want a cheap amd rig you can do it with $1000 i think if you buy used gpu with nvidia $2k is necessary or even 3k depend on the brand



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