Topic: $10,000-15,000 rig - page 2. (Read 3748 times)

Go debate a wall. You imply I am racist and have multiple accounts with no evidence, clearly you are delusional. Typical d57heinz nonsense

When ETH starts presenting use cases that serve a need that is currently not met then I will certainly use it, at this point there is no sign of that happening. You certainly present a great way to profit off the hysteria by building and reselling mining rigs. I am not trying to prove anything but I am certainly not going to contribute to some guy dumping $15k into mining eth based on pipe dreams. FYI, I do not even own a tv

well ok.. please elaborate how something that is as technically requiring as bitcoin is will work in poor third world countries.  Or how it solves the inequality gap from the rich and poor. Then id say you have a leg to stand on.. Otherwise your blowing as much hot air as you think i am.  and resorting to name calling shows your level of intelligence.. I was just trying to have a debate if you will.. Not being mean about it. If i really wanted to call you out id just reference the fact that you have to keep making new accounts.  Ohh wait i did. But that wasnt going to the lengths you did of showing your racial hate towards people who think differently than you.. Sad world we live in.  You need some culture bud

Best Regards
d57heinz

The only thing you proved is your rather asinine opinion. But, alas you are entitled to that. ETH is going places, its early like in the early days of BTC, everyone, everywhere was screaming you can't use it for anything. The whole IoT IS going to change that, if you cant see that, you really need to open your eyes and take a look at where technology is moving. Or just get left behind and watch reality TV.

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

id love for you to show the community how owning btc doesnt allow for you to become a bag holder.. Is that in the white paper somewhere?  always profitable .. now where have i heard that before.. Do you know josh garza by chance?

Thanks for proving my point.....you are doing these things with btc, not ether.

If you are mining eth successfully then exchanging for btc, then that may be a good strategy. As said before, I rather not be a bag-holder

i can do just as many things with eth as btc.. there are exchanges that transfer it to btc.. I know you heard of those right?  Kraken is the one i prefer since the recent shapeshift debacle

What can you do with ether? you can buy into other scams like DAO, that is the only use (or lack thereof) that I know of.

With BTC I can buy a hooker, drugs, discounted items from Amazon, transfer wealth quite easily outside of the banking system. These are reasons why btc is useful.

I don't doubt Mining ether then selling is profitable, if you do not end up a bag-holder when the bottom drops out

This is a very good perspective on this.. I was thinking the same with btc and all the asic manufactures. Very interesting!! Lets not buy any s9 (that goes for you too chines miners:) )  and see where btc price goes then.. Is this an elaborate ponzi in disguise? WOW. what a revelation i hope most have.  This brings up so many more questions then it answers.

Best Regards
d57heinz

Eth coin accounts for 10% of gpus sold by amd.

So to AMD eth coin is advertisement to buy a gpu.

Since the entire eth coin market cap is about a billion usd at most.  AMD can afford to buy a few million coins a month to keep price up.
I see a new pattern emerging in alt coins.  I believe both Nvidia and AMD can afford to promote a GPU coin  designed to go to POS as soon as an asic builder makes a chip to mine it.
I see a new coin with a new algorithm already waiting to replace ETH coin.

You don't understand the economics here.  10 million a month in coin purchases from Nvidia and AMD will keep price a float and sell cards.

anyone that games can simply mine while away from the pc.  So if the card earns  100 to 200 and cost 300 the game got a bargain on his gaming card.


Asic gear does not offer this. So btc becomes less valuble and Eth coin more valuable.

If you mine only asics and refuse to have a gpu rig you are simply hurting yourself.

Its no more or no less useful then btc.. So if you say that about eth.. then what you think of btc?  (its comical to me that so many here that are so knowledgeable have such young accounts.  Why cant with the few being the exception, people just stick to their original accounts.  Ya i say things that may not come out correct. but im always open to be corrected, by facts not opinions of course.. So to those that keep making new accounts why cant you just keep one and grow some fucking balls!)  If i was this guy honestly i would stay far away until some accountability can be had with all the scammers.. Even the ones that get caught end up fleeing and still getting away with it.. Im really start to question the integrity of this whole ecosystem.. there is 2 good to every 10 scammers maybe worse.. Id say with BTC "usefulness" it should be no more then a few dollars a pc aswell.  But when you have chinese exchanges with 0 fee it makes one wonder just who is floating the price.. And when will they dump.  If i was this guy id just buy some silver and ride those waves.  Stock market has been proven to be rigged. Cant trust them as far as you can throw them.  Cant trust anyone in btc to not run away with your money in the next 5 min.. Starting to see that pattern yet.. You cant trust anyone that is motivated by money and not for the betterment of human kind.

Best Regards
d57heinz

Mining does not equal money printing. Being that you are asking others how to invest your money in mining rather than doing your own research, my advice to you is buy coins and hold (if your intention is investing in btc as long play)

As far as Ether goes, that is an over pumped shit coin with no use.

Do your own research and quit listening to hype otherwise you will fall victim to countless crowdsale "blockchain" scams.

one important point: much less noise pollution.
I have 3 rigs upstairs in one room (7950, R9 390 and R7 370) and cannot hear anything downstairs.
What a relief. All S7s are in hosting.
Once Polaris comes out, i will sell 7950ies if anyone would want them on ebay.

I would either build a smaller rig  for 1000-1500 or buy a bigger  premade rig for 2500-2800 eth coin.



I would then either buy 10,000 usd  in btc.

of buy 5000 usd in btc and keep 5000 usd in cash then see what the ½ ing does

this shows some six card rigs with smaller gpus and my 2 card rig with bigger gpus.

WarrEagle is selling the six card rigs.

My 2 card rigs are bespoke gear

https://bitcointalksearch.org/topic/m.14842576

The only thing that worries me on investing heavliy on it is currently ether is pretty much what everyone mines.  It's all that people seem to be making decent profit.  But it is growing pretty rapid - https://etherscan.io/charts/difficulty . 

Now ether could go up in value make it fine.   Or difficulty goes up more and profit goes down.  I am dabbling in it as GPU mining has been fun.  But I personally would not spend the 15k mentioned all on betting on ether.

I actually prefer gpu mining over asic mining.


Of course you need a coin that turns profit and so far eth coin is doing this.
Gpu rigs need more baby sitting then asics but I have high power costs and only Eth coins turn a very good profit at my power costs. I have the solar array joint venture with buysolar and that is all ASIC since it is pretty much maintaince free.

The gpu rigs need to be checked two times a day and two of mine seem to crash 1 time a day.
The other two work about six to eight days then crash.

Why do I have four rigs all with just two cards? All of these will be sold to people I know.
I did this with all my btc gpu rigs.
The day a rig pays for itself mining I sell it to a friend at 1/2 price.
So a 1000 dollar rig makes about 500 profit.
The rigs have

 two r9 390 gpus
A 500 gb sss
A corsair carbide case
A DVD- burner
A quality psu seasonic 850 gold (got a good deal)
Windows 7 pro with upgrade to 10 option
Quality mobos
Good cpus i5 6500t or i5 6600k

It is about a 1500 usd build,but I get a lot of vendor discounts and can do the build for 1000-1100

Since April first I have built several 6 GPU rigs that mine ETH at 120 MH/s using power efficient (1100 watts total draw) R9-380's. Total cost per rig was just under $1700, including the custom frames & USB risers, labor is about 2 hours per rig at this point for everything, and I can build one in under an hour now.  I've sold two on Ebay so far at $2700 + shipping each. I spent another $500 on shelves and cooling, as I needed big barrel fans and a sun awning outside my garage door. to keep the afternoon sun off the power supplies and to push the heat out and keep the rain out.

Formula = Build rig, burn in and test (mining ETH) sell rig = instant ROI, build another rig. I still have 4 custom rig frames in my garage and have also sold a couple of them on ebay as Kada clones that I can build for half of what Mintcell charges.