Ethereum Mining Rig [200k Investment]

[ph1bor]

This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.

[Vann]

You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

[ph1bor]

You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Do you really think I should get the RX's? I just want the best of the best stuff.

[VyprBTC]

Personally I keep my mining hardware hedge at around 10-25% of my crypto holdings.

Be smart.

[CryptoWatcher420]

This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.

nice power rate what state are you in? sounds like Washington state but I could totally be wrong

[CryptoWatcher420]

Personally I keep my mining hardware hedge at around 10-25% of my crypto holdings.

Be smart.

do you know how much he could make lol, that would be insane. he could easily make it back and then have the hardware to profit more

[Vann]

You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Do you really think I should get the RX's? I just want the best of the best stuff.

The RX 570/580 are currently the best cards for mining ETH by far.

Vega 56/64: 44-46 MH/s $500-$700 each = $11.3-$15 per MH/s on ETH
RX 570/580: 28-31 MH/s $250-$300 each = $8.9-$10 per MH/s on ETH

You would be better off mining XMR with the Vega's instead of ETH and then converting to ETH. Even then the RX 570/580's get about half the hash rate for about half the cost of the Vega, so hash/$ is about the same.

[CryptoWatcher420]

You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Do you really think I should get the RX's? I just want the best of the best stuff.

The RX 570/580 are currently the best cards for mining ETH by far.

Vega 56/64: 44-46 MH/s $500-700 each = $11.3-15 per MH/s on ETH
RX 570/580: 38-31 MH/s $250-$300 each = $8.9-10 per1 MH/s on ETH

You would be better off mining XMR with the Vega's instead of ETH and then converting to ETH. Even then the RX 570/580's get about half the hash rate for about half the cost of the Vega, so hash/$ is about the same.

but that also means a shit ton more gpus and a a lot power more being consumed, psus themselves use about 100w ac from the wall atop what is provided, so if those 1 rig needs a 1200w psu at the wall you could expect something more like 1300w roughly per psu. 100watts adds up quickly

[Lion BItcoin Shop]

first Question, do you have any experience at mining? maybe with cpu, gpu, RDP, VPS etc?
better to learning about mining with low budget, so you can learning more detail about algoritm etc.

[Marvell2]

200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc

[ph1bor]

You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Do you really think I should get the RX's? I just want the best of the best stuff.

The RX 570/580 are currently the best cards for mining ETH by far.

Vega 56/64: 44-46 MH/s $500-$700 each = $11.3-$15 per MH/s on ETH
RX 570/580: 28-31 MH/s $250-$300 each = $8.9-$10 per MH/s on ETH

You would be better off mining XMR with the Vega's instead of ETH and then converting to ETH. Even then the RX 570/580's get about half the hash rate for about half the cost of the Vega, so hash/$ is about the same.

I was just thinking if I get the RX's instead of the Vega's i'd have to buy more supplies all around because i'll have way more gpu's.

[DevelopmentBank]

You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Thanks for the link. This is really useful information. I've always been looking for ways to reduce power consumption of my rigs but never thought the PCIE riser version would be helpful. When you have more than 20 GPUs even the small reduction in power consumption could really save you a few dollars a month. Thanks again.

I wonder if the ver. 009 risers also have these features of the 008 one.

[CryptoWatcher420]

200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc

that's weak, and there's no guarantee price will go up on said coins

[Vann]

You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Thanks for the link. This is really useful information. I've always been looking for ways to reduce power consumption of my rigs but never thought the PCIE riser version would be helpful. When you have more than 20 GPUs even the small reduction in power consumption could really save you a few dollars a month. Thanks again.

I wonder if the ver. 009 risers also have these features of the 008 one.

Not sure, it looks like the 009 risers have gold plated USB connectors, dual LED's and the wider PCB. In the comparison there is no mention of the lower power consumption like the 008C

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER009



They also have a ver. 008S multi 4/15/6 pin riser, but no mention of the lower power consumption.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008S

[Vann]

200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc

that's weak, and there's no guarantee price will go up on said coins

Exactly. A $2000 investment in ETH at $300 in June would have gained about 240% as of now and be worth ~$4800. A $2000 investment in a 6 card RX 570 4GB mining rig back in June would have netted about 0.7 ETH per month for ~$45 in power costs a month. Today that ETH is worth ~$3000 and you still have the mining rig producing more ETH for the cost of your power regardless of what happens to the price of ETH.

[Marvell2]

200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc

that's weak, and there's no guarantee price will go up on said coins

Exactly. A $2000 investment in ETH at $300 in June would have gained about 240% as of now and be worth ~$4800. A $2000 investment in a 6 card RX 570 4GB mining rig back in June would have netted about 0.7 ETH per month for ~$45 in power costs a month. Today that ETH is worth ~$3000 and you still have the mining rig producing more ETH for the cost of your power regardless of what happens to the price of ETH.

lol ok but by the time you bring 200 usd worth of hardware online the diff will be crazy lol , you do know what difficultly is right ?  the spike in eth price last week pushed diff up 30% in a few days , I expect 200k TH of hash in the next few weeks so you will be earing less and less
imaginary coins which you are not mining right now in any case.

Start with 50k a small farm and add more as you go along , hardware sitting idle waiting for other parts is basically losing money , and I;m not even saying buy eth only

LTC wil go to 500-600 this year, btc probably to 50k , eth probbaly to 2k right before POS launches end of 2018.

there is alot more money to be made in buying currencies than just mining, smart people do both

[gregfromo]

This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.

one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?

[ph1bor]

This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.

one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?

What do you suggest I use?

[gregfromo]

This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.

one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?

What do you suggest I use?

I suggest you check at whattomine what power you have to supply for different algos with your 13 vega gpu config, then you will see that it has roughly to be twice of what you have planed.
if you plan to use windows then the next surprise is that the drivers support only 12 gpu in windows 10, linux I don't know.

you should consider to build a master config and see if it has more suprises for you, like heat, or what ever.

[ph1bor]

This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.

one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?

What do you suggest I use?

I suggest you check at whattomine what power you have to supply for different algos with your 13 vega gpu config, then you will see that it has roughly to be twice of what you have planed.
if you plan to use windows then the next surprise is that the drivers support only 12 gpu in windows 10, linux I don't know.

you should consider to build a master config and see if it has more suprises for you, like heat, or what ever.

Def going to use linux.