New to mining how do I start

[SourPear]

HEY!!
My friend said to come here to learn about mining. I want to spend in the $600-$800 range. What do I do to make a profit mining? I know I can't mine Bitcoin or a big currency at the start but what rig should i get preferably around $650 and what coin should I mine. I am brand new to this so, all advice is helpful.
Thanks,
Sour

[debuni]

In general, you should start with Google + Reading.

You will not be able to assemble a good machine for 600-800 USD. 1x card average is 200-350 USD in mid range. Like RX480 or RX570. Or 1060 6GB.
If device to assemble a mining rig, choose your cards from https://www.nicehash.com/profitability-calculator and then cheapest CPU+4 GB ram + 60 GB SDD is enough.

[SourPear]

Well based off that chart a single gtx 960 would be profitable

[FYIcryptoz]

In general, you should start with Google + Reading.

You will not be able to assemble a good machine for 600-800 USD. 1x card average is 200-350 USD in mid range. Like RX480 or RX570. Or 1060 6GB.
If device to assemble a mining rig, choose your cards from https://www.nicehash.com/profitability-calculator and then cheapest CPU+4 GB ram + 60 GB SDD is enough.

This, you should try and definitely try to gather some more cash to provide yourself with a decent miner. At least 4 gtx 1070's I would say.

[SourPear]

When using PCPartpicker must the GPUS be SLI compatible or do I just need a motherboard with multiple PCI x16 slots

[hasmukh_rawal]

It's good that you have budget around $600 - $800 as it is a good budget to start mining. You could start off by building a mining rig with latest GPUs.
Assuming you have a PC it would cost around $800 -$1000 to build a decent mining rig. Buy some GPUs and connect with the PC and start mining Ethereum. You could also try some other coin but I would prefer Ethereum as it would be quite profitable in the future if we have saved some of it for the future.

[illiki23]

In order to increase the chances of breaking even and making profit (starting to become slim) you will want to go cheap on some parts while you should never go cheap on others.

Don't skimp on the power supply!  Seriously.

You don't need a SSD or HD!  You can run a mining tailored OS off a thumb drive!

Go cheap on the CPU if you are doing GPU mining.  It won't help.  RAM is also not that important.

The heart of your OS will be the GPU (or GPUs).  Lots of great cards out there but they are grabbed up quickly.  Be patient and look for deals.  You might end up paying an extra hundred bucks for each card if you don't.  You will make more money by waiting for a good deal than you would mining during that period.  I like the RX series but others love the 1070 and 1080s.  Depending on what you are mining there actually won't be too much of a difference between 8gb and 4gb - other things such as GPU clock speed are more important.  You should be able to compare the cards online with respect to mining a popular coin such as Eth.

Open air cases for mining are nice.   If you are using PCI risers consider picking up a couple spares as they are cheap.

Make sure you buy the right motherboard in terms of compatibility. https://pcpartpicker.com/ will help you verify if things are compatible if you cannot figure it out by reading the specs.

600$ will get you a rig with one or two relatively weak GPUs at the most.  Make sure to consider extendability if you want to add more cards without having to pay for a whole new rig.  A lot of the costs are the GPUs but a lot of the costs are also the rest of the rig.

And have fun.

That is all I can think of for now.

[SourPear]

while using pcpartpicker. I can add 3 gpus. Does it matter if I get 3 1050 ti even though they are not sli? or does it just matter the amount of x16 slots on the motherboard.

[midvoc]

low barriers for entry to mining coins would be bytecoin, siacoin, phoenixcoin - you should be able to rack up a few hundred of them per week.

[max6575]

as developer gives of details with the server details of ip location and the port and type with the attribution then miner might occupy use of several option of selection with the gui or cpu miner as collecting mint of coins and exchange with the returns of request with the withdrawal to wallet.

[SourPear]

How do you mine those coins.

Also how do I setup GPUs to a pci x1 slots.

[majeis]

Check whattomine.com or coinwarz.com to get a general idea of what's currently trending on profitability and the expected speed you'll get with currently viable gpu hardware.

Find currently-known good hardware that people use. Use that. Learn from there.

[SourPear]

My real questions are how do a 1x pci work with a gpu and can I use my old GTX 750 and then different gpus or can I only use 1 kind

[SainagBurra]

Read useful post in mining section here and ask questions. There are many mining experts here.As of now MINEXCOIN is looking great for me.

[chacha66]

Mining can defo make profit if you mine the right coin and got the right set up, but as you have seen from the alt/bit coin market over the last couple of months if you had just hodl on a couple of the top 10 coins , great profits were available and still could be. Spend time getting to know coins-the fundamentals of them and let it ride.  Or you could mine : )

[ditinhu]

Mining Altcoins or new ICOs in the long run can give you greater profits. Mining is not a very profitable medium depending on the country where you live because the cost of electricity can be high compared to the amount you mine.

Choose some of the ICOs that allow you to mine before the release, these types of currencies tend to rise a lot after the launch making your profit is high depending on the times.

There is also the possibility of using mining companies in the clouds such as Genisis Mining, which has been online for a long time and brings good profits to the market.

[SlimShadyMmp]

$600-800 i think the answer is a big NO NO man...there is basically no mining rig around that price..Even the common GPU learning miners are using cost 2000plus. So except you want to mine like only one satoshi per hour i will advice you use the money on better ICOs...just buy some good token and raise the bar

[darthmaul]

You should get to know what it is in real and what way you can do it. There is always different type of mining hardware and you can mine different coins with them. SO with that your investment plan changes a lot and you may need to put more than what you have mentioned up here. The $600-800 USD is nothing now a days and you have to always put more than that to set up or build good rig.

Plus one to this post as this is what you should be doing in first place as I said it. Read and get to know the coins and the mining procedure of the same. :-)

In general, you should start with Google + Reading.

You will not be able to assemble a good machine for 600-800 USD. 1x card average is 200-350 USD in mid range. Like RX480 or RX570. Or 1060 6GB.
If device to assemble a mining rig, choose your cards from https://www.nicehash.com/profitability-calculator and then cheapest CPU+4 GB ram + 60 GB SDD is enough.

You can always do the rented mining where you actually rent the miners and then share the profits amongst the partners. Many ways are there you just have to get into it in dip way.