Putting idle money to work... Free Electricity- What GPU Mining Rigs to build?

[panjay]

Would be earning more in pool mining than solo.

Yeah, I think so, better find a reliable way to make a profit rather than gambling it on a solo mine coins..

But the upside is higher if you mine a new "spec mining" coins isn't? weather it solo or pool

[stomachgrowls]

If the power is free then you are going to make money, no questions asked really.

If you consider the hardware you have to buy in order to set up the mining operation, is that even true?  I have not mined any coin in my life, but I've been doing some research about it and from all that I've seen the income you get from mining solo with cards and the like is minimal.  Even with free electricity, you would have to recoup the cost of the mining equipment.  Is that actually possible by doing what op is proposing?

But if there is a choice to get profit in a liquid token or double profit in shitcoin I would choose liquidity.

That is actually an excellent point, but I would assume that a higher profit coin would also have enough liquidity in the market such that you could sell it easily.  You certainly wouldn't want to mine a coin that isn't listed on exchanges and that no one is interested in.
 
Best of luck to op if he tries this.

As I'm not really worried about the ROI that statement actually stands true.

I'm wanting to put the money to work that's it.

Are you already aware on possibility on losing investment instead of earning? If you are finding for things that do put up your money to work then mining crypto
wont really be the only option but since you are pursuing it then its your choice. $20k is a good amount to start but put up on your mind that theres no guarantee
that you will not lose money here even if you do have free electricity.When it comes to cards i do prefer on 20XX but well there are 10XX cards which is more efficient
and do still have the same hashes with expensive ones.

[Dennicex]

Yeah, I think so, better find a reliable way to make a profit rather than gambling it on a solo mine coins..

But the upside is higher if you mine a new "spec mining" coins isn't? weather it solo or pool

I think solo mining is very risky. It is much safer to use the services of pools. This increases the profitability of mining.

[Alucard2425]

If you have a free electricity profit is in your side  Just choose the coin that you want to mine and and build the rig for that coin 

[nightl]

Yeah, I think so, better find a reliable way to make a profit rather than gambling it on a solo mine coins..

But the upside is higher if you mine a new "spec mining" coins isn't? weather it solo or pool

I think solo mining is very risky. It is much safer to use the services of pools. This increases the profitability of mining.

its better to find a not very big mining pool or create it with an equal in volume partner - this will be much more efficient than a solo

[sukey2008]

Yeah, I think so, better find a reliable way to make a profit rather than gambling it on a solo mine coins..

But the upside is higher if you mine a new "spec mining" coins isn't? weather it solo or pool

I think solo mining is very risky. It is much safer to use the services of pools. This increases the profitability of mining.

Agree with you. Solo mining is really too risky, I will always recommand mining pools. 
And of course, you need to choose a coin which is not so popular but has potencial in the future.

[huhhuh18]

Yeah, that's an awesome idea so why not. Anyways fortunately for you your covered in terms of electricity so i guess you don't have much to worry about, but with the advancements in mining power and related aspects, many are vying in for mining pools so as to get out of any headache associated with running a rig/farm/minifarm Additionally, you'll also be contributing to the wide usage of cryptos.

[Fredomago]

If you have a free electricity profit is in your side  Just choose the coin that you want to mine and and build the rig for that coin 

Commonly right, if you have a free electricity then you don't have to be bothered, only the maintenance of the equipment and he coins that you'll
going to mine will be the only thing that you needed to pick, and for me researching for a good coins and try  your luck getting some from the pool
will help you earn decent profits.

[dentolas]

I would definitely go for nvidea, maybe 1080 ti, but would have to check the price vs profitabilty (since power is free)
In my oppinion AMD is not so flexible and usually harder to tune and more "sensible"
Mixing cards is the first step for problems, even with different cards placed on different rigs, it will not be easy to manage...
You need to keep things as simple as possible and have a few spare risers as these brake often...
good luck!

[nsummy]

OP hasn't posted since the 22nd so I think we can all stop re-hashing this stupid fucking question.  I love how these guys always have a $20k budget.  I'd also like to know where OP is getting a 7% interest rate at, I will start putting my money there.

[KryptoKai]

Instead of a single rig you can hedge your bets and build 2 different rigs and mine 2 different coins. A new speculative coin like veil, and an established one like monero

[cepot9]

this is your big opportunity to get free electricity, and maybe to build a rig you need to consider some coin factors that you will mine. you can combine AMD and NVDIA for good mining, using old graphics and the latest