Yes some people here do have very large budgets but their ideas like using the HP Z400, or the HP DL580 G7's with Xeon E7-8837's, or the Dell R815's with AMD 6200/6300 Opterons are very good ideas in how to build a farm at a much lower cost. My primary GPUs that I mine with are GTX 750's (Nvidia Maxwell) that I buy for less than $40.
Whoa how are 750's profitable? I guess at that low price it would make sense, but seems like it would take forever for ROI just the computer costs.
edit: don't mean to challenge or disagree, i am actually very intrigued by low cost mining options and just curious how you make it profitable.
I have 37 GTX 750's installed in my various systems. On Monero using XMR-Stak they hash 230 H/s on average. Low of 220 H/s high of 250 H/s if they can overclock.
That gives me 8510 H/s for just those 37 GTX 750's.
They use about 38 watts each while mining. Power usage is 1406 watts internally. With 85% efficient power supplies that means 1654 watts at the wall.
Monero Mining Profitability for the above cards
https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=8510&HashingUnit=H%2Fs&PowerConsumption=1654&CostPerkWh=0.071&MiningPoolFee=1Yearly I will mine about 24 XMR with a profit of about $4500 after power costs on those 37 GTX 750's.
Also realize that the systems I purchased, like the HP DL580 G7's that have 11 PCIe slots, are also mining on the processors which adds 1560 H/s to each system.
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If you just look at a single GTX 750 purchased at $38.50 (current eBay price) and use these numbers:
220 H/s - lowest that they do
38 watts = 44.7 watts at the wall
7.1 cents per KWh - my rate
No mining fee - I set donation level to 0.0% in XMR-Stak
1% Pool Fee
https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=220&HashingUnit=H%2Fs&PowerConsumption=44.7&CostPerkWh=0.071&MiningPoolFee=1Shows a profit of $115 yearly so at $38.50 each one is paid for in four months.
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On the subject of ROI on computer costs here is a breakdown on the three HP DL580 G7's with 20 GTX 750's running in them.
Costs: HP DL580 G7 one at $330, two at $487 for a total of $1304. Twenty GTX 750's at an average cost of $40 totals an additional $800 for a Grand Total of $2104.
There are some other miscellaneous costs (Mining rack, 60GB SSD drives, Power Cables, Xeon E7-8837's) but these will be offset by selling the extra 1200 Watt Power supplies, 192 GB of PC3-10600R Memory, Xeon Processors and Memory Cartridges that came with the DL580's that are not needed. Selling these will actually lower my overall cost.
These three systems are on the Free HiveOS mining Monero at a rate of 9.34 KH/s using 2.49 KW at the wall.
https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=9340&HashingUnit=H%2Fs&PowerConsumption=2490&CostPerkWh=0.071&MiningPoolFee=1That results in a profit of $4631 yearly so these systems will be paid for in 5.5 months. I have been mining with them for about a month so 4.5 more months to pure profit.