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30237051 No.30237051 [Reply] [Original]

any of you have a mining rig? Is it worth it to build one on a budget?

>> No.30237146

My RTX 3070 has went from mining $8 of ETH a day last week to $3 a day this week.

>> No.30237148

>on a budget
good luck

>> No.30237211

>>30237146
Why is that?

>> No.30237265

>>30237211
The value of eth, more miners.

>> No.30237273

Very interested in this thread.
I would love to make one. I've heard that with 6 radeon viis you can make ~2k per month. And that that set-up would cost around 10k.

I don't know the technical details for building a rig however. Details like risers, PSUs, motherboards etc. I have heard and have seen with a bit of research that GPUs are hard to come by.

I'm also interested in somehow getting a bunch of old computers and running them as an XMR mine but I doubt that I'd be able to.

>> No.30237283

>>30237146
how long have you been at it?
>>30237148
I guess I should ask what is the minimum amount I'd have to invest in a mining rig to get a justified return?

>> No.30237396

>>30237283
You need to wait for chinks to stop buying up all the cards

>> No.30237423

>>30237211
eth is cheaper these days and difficulty probably went up again

>> No.30237483

>>30237051
just buy the damn coins, mining is pointless unless you have super cheap/free power/hardware

>> No.30237508

>>30237423
It's an annoying question but would it be worth to farm with my 5700xt? I got a Thicc III Ultra

>> No.30237559

>>30237273
>I don't know the technical details for building a rig however
>I'm also interested in somehow getting a bunch of old computers and running them as an XMR mine but I doubt that I'd be able to.
Same, kind of why I made this thread. I have some old pc hardware that's just laying around from the days I was still really into pc gaming. Is it feasible to build a 'frankenstein' mining rig or do you have to have matching gpu/cpus? Maybe I should ask /g/.

>> No.30237570

>>30237483
this

>> No.30238518

>>30237508
I think the 5700xt and the 5800xt are the two best power to hashrate gpus on the market right now

>> No.30238567

>>30237508
I use my 5700 and 2070 super. Both give good returns. You should definitely be using your 5700xt. Between the 2 cards I've gotten 5-14$ a day depending.

>> No.30238601

>>30237051
no, no.

>> No.30238679

FUCK THIS SUPPLY SHORTAGE I WANT MY GPU
SHOPBLT DELETED THE PRODUCT I PREORDERED

>> No.30238708

>>30237559
/g/ is full of trannies and retards. They only know how to make raspberry pi servers and still make excuses why they are on windows 7.

>> No.30238747

>>30237051
>biz mining at ath
mine high sell low

>> No.30239446

I have been mining since 2017. If you can actually get cards at MSRP its not a terrible time to buy in assuming ETH 2.0 switch to PoS takes atleast a year and ETH holds it value in the mean time. However, its basically impossible to get anything at MSRP right now. If I were trying to expand my mining rigs right now (im not) I would look into getting used cards for cheap on ebay

>> No.30239597
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30239597

>>30237051

>> No.30239598

>>30238601
Lol don't lisent to this scum, its profitable, you mine them coins till the next bullrun, then sell at high prices your rig. Btw I missed the top

>> No.30239780

>>30237146
Same, I'm done mining once the summer comes.

>> No.30239844

>>30238518
5800xt doesn't exist retard

>> No.30239876

>>30237051
goodluck finding graphics cards right now.

>> No.30239941

>>30239446

how much do you make/howmuch have u invested in hardware

>> No.30240050

>profits in monopoly $
>Mining ETH with one card
Why couldn't you stay in your hugbox. trash mining thread

>> No.30240361

>>30239876
I have an old gaming pc laying around that I don't use anymore. It has a gtx 1060 6gb. Is that a good start?

>> No.30240415
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30240415

>>30237051
I rather put the money on Tokamak Network...they just announced a burn mechanism

>> No.30240556

>>30239941
Initial investment was around 12k back in 2017 buying rx 570/580. I've now sold off the 4gb rx570s due to them being unable to mine ETH anymore. I have 24 rx 580s mining now making about 1.5 eth a month. I've long since paid off the initial hardware costs so I've been making pure profit for a few years now.

Also due to the huge spike in GPU demand my rx 570s have held their value and I actually broke even selling them and might break even selling off the rx 580s in the future depending on what the GPU market is looking like. A useful website if you are thinking about getting into ETH mining is whattomine.com ; keep in mind the projected profit is based on current difficulty and price. The amount of ETH mined daily will decrease as network difficulty increases.

>> No.30240663

invest in miners instead

>> No.30240876

>>30237483
have to second this, mine with what you have if you can

t. someone who refunded their 5600xt last summer before i knew about crypto and mining

>> No.30240926

>>30239941
the problem newcomers have is that it doesn't matter how much the veteran miners spent or make, we are priced out atm, you just can't get good gpus at all, and "used cards for cheap' do not exist at the moment either, if you have a gpu that is good for mining go ahead, otherwise don't even thinlk about it, my gpu that I bought for work a little bit overpriced last year would be worth twice as much used right now IF you could get your hands on one (probable can't) now why would you buy it at multiple times its msrp when by the time you have accuulated some eth the price will more than likely be down?
Bottom line: There is nothing to ponder like a fag about, you have GpUs that are profitable to mine on? Buy a motherboard and PSU today, you don't have one of those cards but have everything else all planned out? Stop daydreaming and spend that money on some coin, mining is not for you.

>> No.30241053

>>30237051
>build one on a budget
what year you living in bro?

>> No.30241063

>>30240556
Thanks for the info.
So 4GB card cannot mine ETH anymore?

>> No.30241134

>>30241063
nope.. mine RVN and convert to ETH, is what I was told on a mining discord, dyor

>> No.30241277

>>30240361
Lol,
I got a 750ti I'm earning 1 ETH a day

>> No.30241354

>>30237051
It was worth getting a bunch of 8GB RX 580 cards last year, before the shortage. Paid off through the boom in ETH fees.

Will take forever to ROI now though, unless you do RVN and it moons. RVN is harder on cards than ETH, you can't underclock as much.

>> No.30241356

>>30237051
>budget
Anon,I have bad news for you...

>> No.30241369

>>30241063
They cannot mine ETH anymore due to the DAG file size being larger than 4gb since about dec 2020. https://minerstat.com/dag-size-calculator ;has the estimated dates for when 5gb, 6gb milestones are reached. A card with atleast 6gb VRAM will almost certainly last through the end of ETH PoW phase.

>> No.30241408

>>30241277
on testnet?

>> No.30241508

Guys, I'm trying to set up a BTC mining facility, how big of a loan do I need

>> No.30241606

>>30241063
>So 144GB card cannot mine ETH anymore?

see the scam? buy stocks in nvidia and amd crypto makes money because everything around crypto not the crypto idea itself