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Author Topic: WHATS THE BEST HARDWARE TO START MINING?  (Read 1233 times)
BtyeWelder (OP)
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November 21, 2017, 12:11:10 PM
 #1


Hello Guys,

I new in bitcoin, also in mining. I want to start dash or monero mining,  i have a laptop gtx960m and i7 - 6700k. I think it's no way to earn coins with that hardware.

Any hardware, pool recommendations .

My budget for  hardware 1000$.

I have free electricity.

opdesertfox
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November 21, 2017, 01:38:49 PM
 #2

i think this website may help to get some good hardware information for XMR http://monerobenchmarks.info/
FalconZA
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November 21, 2017, 02:36:39 PM
 #3


Hello Guys,

I new in bitcoin, also in mining. I want to start dash or monero mining,  i have a laptop gtx960m and i7 - 6700k. I think it's no way to earn coins with that hardware.

Any hardware, pool recommendations .

My budget for  hardware 1000$.

I have free electricity.


You are in a very good spot with that budget and free elec. Check out some youtube vids on setup and how to's. First get a BTC motherboard with 6 or more pcie slots (12 ideal). Then buy GTX1070s and Platinum or Gold rated PSUs with enough PCIe connectors. Ideally you would want your PSU to run between 50-70% thus you'll need 2 if one doesn't have the wattage.

Also get pcie risers for the amount of GPUs you are planning (always get 1 extra), 4GB RAM, cheapest CPU, 128GB SSD, cheap mouse & KB, something to build the rig into (be it a frame or something else).

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gotminer
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November 21, 2017, 03:28:36 PM
 #4

How's he going to afford 6 GTX1070's on a 1000USD budget?  Aren't they around $400 each?

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
BtyeWelder (OP)
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November 21, 2017, 07:26:01 PM
 #5

that is the my problem Smiley
gotminer
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November 21, 2017, 07:50:17 PM
Last edit: November 21, 2017, 09:14:31 PM by gotminer
 #6

Editing my comment about the pcie risers.  I guess you kinda have to use them ... Because of heat and space?

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
FalconZA
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November 22, 2017, 06:09:15 AM
 #7

that is the my problem Smiley
But you start small and work your way up from there. You can even try 2x 1060 6GB. I would advise buying as much equipment as you can second hand. Just make sure they have warranties left

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November 22, 2017, 07:53:48 AM
 #8

I just built my rig and I like the RX 580 but it's out of your current budget.  What are you trying to mine?
tenebriscaelum
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November 22, 2017, 08:41:33 AM
 #9

You could get a GTX 1060 6gb for around $214 to $280 right now so you can get around 4 GPUs for $1000.

Check prices here: https://www.newegg.com/Product/ProductList.aspx?Submit=ENE&DEPA=0&Order=BESTMATCH&Description=gtx+1060&N=-1&isNodeId=1
FalconZA
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November 22, 2017, 09:03:14 AM
 #10

You could get a GTX 1060 6gb for around $214 to $280 right now so you can get around 4 GPUs for $1000.

Check prices here: https://www.newegg.com/Product/ProductList.aspx?Submit=ENE&DEPA=0&Order=BESTMATCH&Description=gtx+1060&N=-1&isNodeId=1
He can't really buy that many as he needs to buy a whole system. That's why I suggested he must look for second-hand parts with warranty. He could get 2x 1060s and the rest of the equipment he needs.

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tenebriscaelum
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November 22, 2017, 09:19:17 AM
 #11

You could get a GTX 1060 6gb for around $214 to $280 right now so you can get around 4 GPUs for $1000.

Check prices here: https://www.newegg.com/Product/ProductList.aspx?Submit=ENE&DEPA=0&Order=BESTMATCH&Description=gtx+1060&N=-1&isNodeId=1
He can't really buy that many as he needs to buy a whole system. That's why I suggested he must look for second-hand parts with warranty. He could get 2x 1060s and the rest of the equipment he needs.

Well if he could get a steal deal on the second-hand hardware that he will buy he could get 3  gtx1060s. However he still need to buy a good PSU.

I suggest for him to get at least a Corsair RM650x or RM750x for around $90 to $100.

He could also get a bronze 80+ psu at around $70 at newegg or amazon right now.
mcan
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November 22, 2017, 09:47:40 AM
 #12

i dont recommend to buy presale products , especially greedy scammers companies like Bitmain. They are showing that they sell products in batches but no matter they changed their strategy they sell lots of them , so miner will be heater before you receive it. Here you will  see some shitmain's dogs are barking to protect that company and telling some stories about how they perfectly calculated /predicted and most funny that they made all these calculations now , when every thing clear they make predictions Smiley)
So there is no way to calculate before 1st batch received by people, so their calculation stories just another scam.
buy some good graphic cards from gamers for cheap, rx470 is a good candidate if you can buy it cheap.
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November 22, 2017, 10:22:42 AM
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 #13

I didn't understand - if you don't have enough money for high quality equipment why don't you think about cloud mining services?

pizzacrypto
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November 22, 2017, 10:34:21 AM
 #14

I would stay away from cloudmining.
Start with 1-2 cards and buy more later. I´d recommend AMD if you want to mine Monero.
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November 22, 2017, 11:11:26 AM
 #15

Mining monero go with AMD Vega 56. Nothing in the market could beat hash/watt on vega 56. You could get juat a bit south of $500 if you're lucky.
gotminer
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November 22, 2017, 01:25:46 PM
 #16

i dont recommend to buy presale products , especially greedy scammers companies like Bitmain. They are showing that they sell products in batches but no matter they changed their strategy they sell lots of them , so miner will be heater before you receive it. Here you will  see some shitmain's dogs are barking to protect that company and telling some stories about how they perfectly calculated /predicted and most funny that they made all these calculations now , when every thing clear they make predictions Smiley)
So there is no way to calculate before 1st batch received by people, so their calculation stories just another scam.
buy some good graphic cards from gamers for cheap, rx470 is a good candidate if you can buy it cheap.

You must have bought D3's.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
charmaine08
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November 22, 2017, 02:06:14 PM
 #17

that is the my problem Smiley

 You can search to Google on how to start . read more learn more Smiley
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November 22, 2017, 02:59:26 PM
 #18

I think the best to know about hardware is to research in the internet a lot of information and idea you can get about it.,best idea being here in the Bitcoin forum because a lot of here are used into mining.

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Lancusters
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November 22, 2017, 03:14:17 PM
 #19

I would stay away from cloudmining.
Start with 1-2 cards and buy more later. I´d recommend AMD if you want to mine Monero.
In order to begin mining on a GPU budget of $ 1,000 is very small. VEGA GPU will cost 500+ dollars. The rest of the money will be used to purchase the motherboard, CPU and power supply. The profitability of production of one of the GPU VEGA about 3 dollars a day. This means that you will have 1 year to return their money provided that you have free electricity.
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November 22, 2017, 04:34:56 PM
 #20

This is just my opinion,

gpu - 5 gtx 1050ti 4gb @ 150$ each = 750$
cpu - cheap celeron 1151 @ 45$
mobo - asrock h11 pro btc 13 socket @140$ ( for future expansion)
psu - seasonic 750w gold modular @ 90$
casing - build your own

All in all its 1025$ build excluding risers, monitors and other peripherals

Expected daily profit of 5$ mining zencash (computation from whattomine.com)

ROI is about 8 to 9 months

Hope this may help.


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