Topic: Data Center Mining Garage and Man Mining Cave - page 4. (Read 49483 times)

I teach English here in France and I honestly hate it. I like being in class with students but I hate the lesson prep and all the other BS that goes with it. My wife and I have been talking about getting jobs that can be done freelance and online. I'm studying database design administration and she is studying web development. We've been discussing moving to Romania ad living well on part-time salaries. If I can do a large scale mining operation, I may even have a better place. Moldova is stable, non-Eu, electricity is around 0.08 cents euro per kWh. What beats that is you can get a 7 acre walled property with a house and stables just outside the capital for 12k euros! I'm sure it needs some work but it even has a damn pond!

 I'm seriously thinking about doing a large scale mining operation there. I don't speak much Romanian but they speak a lot of English in Eastern Europe. Putting in large scale electrical infrastructure should be dirt cheap too and they have gigabyte internet throughout the country.

Seems interesting, but doesn't it means that vega will probably only be good for mostly ETH ? There isn't that many memory heavy algoes out there, i would be more interested to see how the core is operating for others algos, i don't like to put all my eggs in the same basket

only newbies worry about casper and developments to come, either way if you buy GPUs new or fairly new they have waranties and will hold thier value no matter what
no one knows WHEN eth will actually go POS , what we do know is it wont happen for at least a year or more, and even if it did you have ZEC, PASCAL, Monero and a multitude of other things
to point your hash to.

80% of the farm owners here dont even mine Eth all the time they switch based on what is more profitable. 

To big and not so big farmers!

What are your thoughts/knowledge of the ETH's price 'before'~'soon after' the Casper PoS state?
Will you take a stake as well or prefer some other option, like selling everything?

And what will you switch your ETH rigs after Ethereum Casper PoS?

If I may ask your strategy for the mined coins, do you sell to USD or trade to BTC? What sweet spot (ratio) have you found for yourself?

hey yun what do you think of the strix rx480 8gb have you had a chance to play with them and if you have. have you modded the bios of them?

I would recommend anyone who wants a RX470 to get it from Philipma.  My friend purchased a bunch from him.  He is very trusty worthy and I told my friend no escrow is needed, if it falls thru, I will EAT it.  That's how good Phil's rep is on the board.  The RX470 came and in great conditions.  My friend is very happy.  He would be more than happy to buy the rest from Philip if the Raffle deal fell thru.  Less work and less hassle.  If you need RX470, get it from Philip.  Good Luck Phil!!

@Marvell - You're more experienced and are the "Exception" rather than the "Norm".  Please don't steer Rookies toward a failure path.  People who have made their money by starting earlier will have it easier than people who are starting now.  If your power is 15 cents / kw, your margin for error is next to nothing.  THEY WILL FAIL.  SORRY!  I am using generalized examples not for the 1% who are exceptional at squeezing out every single MH out of the ROM like you, etc.  Simple ROI calculator would tell people, that at 15 cents / kw, you're asking for trouble especially since no one will EVER get the full ROI calculated income as it drops each day due to increase Diff and you pay Fees after fees.  It's probably safe to assume with downtime and fees, you should be conservatively going 80% off that calculator.  So the rules stands.  The higher your rate is above 8 cents / kw, the lower your odds are for success.  It doesn't mean you can't be successful, it just means you're betting against the odds.

No  I know it will run  four cards.  Most likely 6 cards.

I have this

runs 5 cards on win 10

https://www.newegg.com/Product/Product.aspx?Item=N82E16813128966&cm_re=aorus-_-13-128-966-_-Product


I reviewed it on newegg

your board has the same chipset  I think you can do 5 cards.

I sent you a pm on rigs for sale

Awesome and inspiring.
I have this mobo sitting here.
Think I could run 4 cards on it?
https://www.newegg.ca/Product/Product.aspx?Item=N82E16813132932&ignorebbr=1

Also is anyone selling gpu rigs without a massive markup?

I totally agree with you AC isn't good, air exchange is the key

Awesome, eager to read your insights

Have a good meeting !

@TastyPotato - It varies.  I don't do coin switching often.  At Most is every 2 weeks.   Coins price / income / diff will fluctuate daily, no point switching daily as people will flock to hot coins making them less hot and Cold coins will benefit from people leaving, etc.  If the trending is bad for 2 weeks or a month, it's probably a good idea to switch unless you're betting long term on those coins.  It varies but I'm about 50% in Eth and 50% in ZEC with some test rigs designed to test new opportunities like Dual mining Eth w Pascal w the latest Claymore, etc.  There is no perfect formula and you just need to tweak it to what you're comfortable with.  If you need steady income then you mine Eth.  If you want to gamble then you can do others, etc.  The same is true on what coins you want to hold and whether to exchange to Fiats.

@ onefinecoin -  If your rate is 2 or 3 cents.  You can use AC for small setup, but it's definitely not necessary if you design it right nor will it work if you want to make money.  It's not just the operating cost but you need to buy very Powerful Unit which is not effective if you want to scale big.   Very rough general rule of AC cooling is 3.41 BTU per watt of heat.  So 10 Rigs = about 10KW to 13KW depending on what GPU type and whether single or Dual mining.   This means you need 3.41 x 13K = 44K BTU AC to maintain good Temp for just 10 rigs!  That's a typical home 4Ton AC.  Those are not cheap.  Now multiply by how many AC you need.  AC also will not be working well in a Open air exhaust design.  They are designed for Close air environments like Data center and your sealed home.  You will be spending the majority of your money on buying AC vs hash making GPU.  This is why even the largest and most profitable farms will not use AC.  If they are, they're not making money.  If you don't believe me, just try having 4-5 rigs running inside your home and crank up your AC to the max on a 85F plus day and see your AC struggle to keep up.  Agreed, it's best for everyone to do their own calculation on what make sense to them as everyone's goal is different. What works for me won't work for others.

@ m1n1ngP4d4w4n - I have big plans for Vega 10.  It have double the HBM memory and made it even faster.  All the SPECs seems to indicate it will be more than twice as fast as the RX480 so easily more than twice the expected performance for mining, I would assume since Eth is Memory intensive and HBM is super efficient Memory.  ROM Guys will have a great platform to make it even Crazier.  Early testing already indicates that it will be at least 10% faster than 1080 and this is without any driver tweaks yet.   My goal is to have less Rigs but way more Hash.  Less management and heat is always good.

Hey yun, i saw you speaking about VEGA, what's your plan with that, already had some numbers on those cards ? care to share linkies ?

Thanks for your advices on P85 i'll try to see if i can source it here, but it seems even harder than the asrock

@ yun9999

How much % do you mine ETH out of your capacity? What are your thoughts/knowledge of the ETH's price before~soon after the Casper PoS state?
Will you take a stake as well or some other option?

And what will you switch your ETH rigs after Casper PoS?

If I may ask your strategy for the mined coins, do you sell to USD or trade to BTC? What sweet spot (ratio) have you found for yourself?

@ Tasty Potato - Not sure how I miss your post until you P.M me.  I get side track very easily.  I think you're only seeing the Shed.  I can also run over 500 GPUs in my garage so I will have plenty of capacity to grow.  No need to bug my Cousin for his backyard yet.  Commercial space is not my favorite as that's extra monthly cost and commute time.  I work from home doing IT for over 12 Years, even for meetings, I tried to avoid going into the office when possible.  Shed is now fully populated at 21 Rigs and I probably won't be addig more to it other than a few Design Pico PSU setups for fun.  The Garage setup I'm over 40 rigs now and will be over 50 rigs in a few months.  A partner of mine is throwing some very cool ideas and he have connections to some very affluent people.  There "MAY" be some VERY COOL and SEXY new CRAZIER projects popping up soon that will make my Garage shed look like nothing.  =)
 
@ eretron - It's good to Diversify.  I'm not as big of a MSI fan as I'm used too.  For Gaming they are excellent, for mining, they are so so.  For RMA, they're no where as good as Sapphire.  Nitro + are Good.  But I'm a fool for Sexiness.  

**************  THE MATH *****************************************************

Mining is a mathematical game.  The lower your cost, the higher your chance is to win!  People get excited when they see this thread and I appreciate that.  However I do get a LOT and I mean a LOT of PM on basic questions.  Please don't be offended as this message is not targeted to anyone specifically as I get a lot of those PMs.  Don't let it discourage you from asking as not long ago, I'm also just like you.  

However when people get excited and want to do Mega builds.  


My only advice is the following.

If your cost is above 8 cents / KW - Keep it as a Hobby
If you're new to mining ( Less than 6 months ) - Keep it as a Hobby
If you don't have an Edge vs your competition which is everyone - Keep it as a Hobby
If  you have to use AC to keep it cool - Keep it as a Hobby

Until you build at least 15 rigs by yourself including the RACK, unpack boxes and store it which is over 150 boxes.  You will not understand how much more Labor intensive GPU mining is.  Even after my friends who have 15 rigs +installed, they couldn't give me a good answer on how long it would take to do that all at once as they did it slowly over time.  Then there's the maintenance. There is a ton of hidden cost in this Hobby / Business.  Double your riser cost and always stock a ton of extra as those fails often and idle GPU cost money.  You will never get your online ROI calculated value as that doesn't take into consideration pool fee, Mining software fee, stales, down cards, fees to convert to FIATs, etc.  You MUST assume every month the income will drop 10-20% and be comfortable with that.  What you thought would take 3 months to ROI could quickly change to never depending on Difficulties and coin prices.  

However if you're the low cost guy, you will always last long enough to see the profit as everyone else Dropped out.  You may even be lucky enough to buy all of their gears for dirt cheap.  You should only invest in what you can afford to lose.  You MUST assume what ever your infrastructure build cost is, it is most likely double then what you planned.  If you're comfortable with all this, then you can decide to GO BIG.  This means your cost is below average and you have plenty of knowledge in this field and reasons to tackle all the issue.

My Success is different as I started earlier and I invest in the right places (LUCK).  I also have a very STRONG team that I can bounce ideas off of.  If I were to start now, it would be completely different and much more conservative as the income is reduced.  There are still opportunities abound, but we just have to be much more cautious.  This is also my PASSION so I'm also not always chasing the money.  Luckily a little bit came my way.

The early listing was 120 with 50% off
Then 150 with 50% off
Then 165 with  50% off.

These are very good four card 0 riser boards.  Even at the higher  price of 82 and change.

The op may be able to find a setting to get five or six to work. But I have not seen anyone get five or six to work well.   I did get five to run like shit on windows 7. I gave up and did a lot of four card builds as they work for me.

$61??? How? I still see them listed at $165 with 50% off so $85 minimum.

@ Phillipma - I will have my MBs by Saturday so I can test it this weekend.  It better work!!!!!  I really don't see why it wouldn't but there may be stupid BIOS settings that may need to be changed, etc.  I want these for VEGA and my PICO setups.  I got them for killa $61 Each so DEF DEF don't want to return them.   


@myffas - Feel free to P.M.  No I don't like the Armor 480s.  I have 4 rigs of them.  They are made of cheap material.  They do not have Sexy LEDs, They have focus blowers up top that forces a lot of heat up there.  They can't handle Mod ROMs as well as others, maybe due to cheaper RAM / ASIC.  They run much hotter than the REDs.  The RX 470 can't handle heat as well as RX 480 but they also put out much less heat.  For mining, I still think the best RX 480 are the Reference style one as you can easily Mod the ROM to get 29MH on low power of 115W or so vs gamble on Non reference that consume way more power with no certainty as it depends on what type of RAM, HYNIX or SAMSUNG and ASIC quality and different Mem strap / ROM needed.  


If I were to do it again, I wouldn't get Armor 480 even at lower cost.  I know this may hurt my future resell value of my cards but I rather be honest.  I'm not sure if the new MSI Reference style RX 480 4GB still allow you to Flash to 8GB ROMs but it's on sale at Newegg.com.   I would grab the sale on NewEgg.com right now, for $179 plus $20 rebate and flash it to 8GB if possible.  Cheap reliable and the heat is focus so you can direct it to where you want it to go.  Of all the RX480, I like the Sapphire Nitro+ 480 and MSI RED but the for MSI red you need a good ROM, else it's a pain.  The Sapphire can just be mod with Mem strap.   I only favor the MSI for the looks and cooling, for mining there are better cards (ie Sapphire / Ref 480 / Red Devil).