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Topic: Ethereum Mining Rig [200k Investment] (Read 369 times)

newbie
Activity: 1
Merit: 0
December 17, 2017, 09:26:41 AM
#23
Also you will need 2 8-pin PCIe connectors per GPU... You will need lots of PSUs unless you want to do something silly.

I second the Asus Mining Expert motherboard suggestion as it seems to be foolproof way of running a multi-psu setup!
newbie
Activity: 1
Merit: 0
December 17, 2017, 09:06:54 AM
#22
Good luck finding 130 vegas in stock! I am struggling to find a couple more to complete the rig. The custom ones I pre-ordered cost 40% more than refernce ones and delivery dates are late January!!!

With Vegas you want to mine Cryptonight coins otherwise go with RX 570 / 580 for ETH.

Good luck running more than 8 Vegas per MB with dodgy AMD drivers.

Count on at least 200W/Vega when chosing power supplies. Probably 250w...

Best bet with Vegas is to go w 1600W PSUs and 7-8 cards per rig.... Start by reading all 122 pages of the 'Any word on vega hashrates thread'.

Probably better to not put all your eggs in one basket. For that kind of investment you want to diversify. Perhaps 1/3 into Vegas (if you can find any) mining Cryptonight coins, 1/3 in RX570/580 mining ETH and 1/3 NVIDIas mining some equihash coins.... You can also get some ASICs to mine BTC or BCC or Dash or litecoin!





member
Activity: 438
Merit: 27
December 17, 2017, 08:57:15 AM
#21
1. dont buy the Risers 008S. The cables might touch the Fans of the GPUs.
2. Mainboard Asus B250 Mining expert is perfect. I have 1 and it rocks.
3. G4400 might be enough but i would go for 4 Threads. Like the Intel 6100
4. Nvidia 1070 to be able to mine ETH / ZEC and others or
5. Nvidia 1080 for ZEC
6. For the fastest ROI buy 1060 3GB
7. Expect 200 Watt per 1070 / 1080, with 1 PCI-E 8. The power consumption is definitly much lower but
    when new coins come you are rdy for it. Get the best power supply you can!
8. Check simplemining ! i tested it and its really nice and a fast and good setup.
    I had problems with my 1080tis on simplemining, but thats another story

Wotan
newbie
Activity: 10
Merit: 0
December 17, 2017, 08:31:17 AM
#20
This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.


one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?

What do you suggest I use?

I suggest you check at whattomine what power you have to supply for different algos with your 13 vega gpu config, then you will see that it has roughly to be twice of what you have planed.
if you plan to use windows then the next surprise is that the drivers support only 12 gpu in windows 10, linux I don't know.

you should consider to build a master config and see if it has more suprises for you, like heat, or what ever.

Def going to use linux.
member
Activity: 134
Merit: 10
December 17, 2017, 08:06:08 AM
#19
This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.


one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?

What do you suggest I use?

I suggest you check at whattomine what power you have to supply for different algos with your 13 vega gpu config, then you will see that it has roughly to be twice of what you have planed.
if you plan to use windows then the next surprise is that the drivers support only 12 gpu in windows 10, linux I don't know.

you should consider to build a master config and see if it has more suprises for you, like heat, or what ever.
newbie
Activity: 10
Merit: 0
December 17, 2017, 07:41:07 AM
#18
This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.


one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?

What do you suggest I use?
member
Activity: 134
Merit: 10
December 17, 2017, 07:05:44 AM
#17
This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.


one 1200W PSU powering a 13 GPU rig? maybe ok at cryptonight, but what if you want to ethash, neoscrypt or dualmine?
full member
Activity: 1148
Merit: 132
December 17, 2017, 03:43:10 AM
#16
200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc
that's weak, and there's no guarantee price will go up on said coins

Exactly. A $2000 investment in ETH at $300 in June would have gained about 240% as of now and be worth ~$4800. A $2000 investment in a 6 card RX 570 4GB mining rig back in June would have netted about 0.7 ETH per month for ~$45 in power costs a month. Today that ETH is worth ~$3000 and you still have the mining rig producing more ETH for the cost of your power regardless of what happens to the price of ETH.
lol ok but by the time you bring 200 usd worth of hardware online the diff will be crazy lol , you do know what difficultly is right ?  the spike in eth price last week pushed diff up 30% in a few days , I expect 200k TH of hash in the next few weeks so you will be earing less and less
imaginary coins which you are not mining right now in any case.

Start with 50k a small farm and add more as you go along , hardware sitting idle waiting for other parts is basically losing money , and I;m not even saying buy eth only

LTC wil go to 500-600 this year, btc probably to 50k , eth probbaly to 2k right before POS launches end of 2018.

there is alot more money to be made in buying currencies than just mining, smart people do both
hero member
Activity: 1036
Merit: 606
December 17, 2017, 03:11:27 AM
#15
200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc
that's weak, and there's no guarantee price will go up on said coins

Exactly. A $2000 investment in ETH at $300 in June would have gained about 240% as of now and be worth ~$4800. A $2000 investment in a 6 card RX 570 4GB mining rig back in June would have netted about 0.7 ETH per month for ~$45 in power costs a month. Today that ETH is worth ~$3000 and you still have the mining rig producing more ETH for the cost of your power regardless of what happens to the price of ETH.
hero member
Activity: 1036
Merit: 606
December 17, 2017, 02:51:51 AM
#14
You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+


Thanks for the link. This is really useful information. I've always been looking for ways to reduce power consumption of my rigs but never thought the PCIE riser version would be helpful. When you have more than 20 GPUs even the small reduction in power consumption could really save you a few dollars a month. Thanks again.

I wonder if the ver. 009 risers also have these features of the 008 one.

Not sure, it looks like the 009 risers have gold plated USB connectors, dual LED's and the wider PCB. In the comparison there is no mention of the lower power consumption like the 008C

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER009



They also have a ver. 008S multi 4/15/6 pin riser, but no mention of the lower power consumption.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008S


sr. member
Activity: 462
Merit: 258
Small Time Miner, Rig Builder, Crypto Trader
December 17, 2017, 02:27:00 AM
#13
200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc
that's weak, and there's no guarantee price will go up on said coins
full member
Activity: 406
Merit: 110
December 17, 2017, 02:26:28 AM
#12
You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+


Thanks for the link. This is really useful information. I've always been looking for ways to reduce power consumption of my rigs but never thought the PCIE riser version would be helpful. When you have more than 20 GPUs even the small reduction in power consumption could really save you a few dollars a month. Thanks again.

I wonder if the ver. 009 risers also have these features of the 008 one.
newbie
Activity: 10
Merit: 0
December 17, 2017, 02:25:40 AM
#11
You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Do you really think I should get the RX's? I just want the best of the best stuff.

The RX 570/580 are currently the best cards for mining ETH by far.

Vega 56/64: 44-46 MH/s $500-$700 each = $11.3-$15 per MH/s on ETH
RX 570/580: 28-31 MH/s $250-$300 each = $8.9-$10 per MH/s on ETH

You would be better off mining XMR with the Vega's instead of ETH and then converting to ETH. Even then the RX 570/580's get about half the hash rate for about half the cost of the Vega, so hash/$ is about the same.
I was just thinking if I get the RX's instead of the Vega's i'd have to buy more supplies all around because i'll have way more gpu's.
full member
Activity: 1148
Merit: 132
December 17, 2017, 02:24:45 AM
#10
200k in hand lol genius build maybe 50k worth of rigs and buy 150k eth or ltc
hero member
Activity: 588
Merit: 500
BitcoreService.com
December 17, 2017, 02:19:17 AM
#9
first Question, do you have any experience at mining? maybe with cpu, gpu, RDP, VPS etc?
better to learning about mining with low budget, so you can learning more detail about algoritm etc.
sr. member
Activity: 462
Merit: 258
Small Time Miner, Rig Builder, Crypto Trader
December 17, 2017, 02:10:27 AM
#8
You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Do you really think I should get the RX's? I just want the best of the best stuff.

The RX 570/580 are currently the best cards for mining ETH by far.

Vega 56/64: 44-46 MH/s $500-700 each = $11.3-15 per MH/s on ETH
RX 570/580: 38-31 MH/s $250-$300 each = $8.9-10 per1 MH/s on ETH

You would be better off mining XMR with the Vega's instead of ETH and then converting to ETH. Even then the RX 570/580's get about half the hash rate for about half the cost of the Vega, so hash/$ is about the same.
but that also means a shit ton more gpus and a a lot power more being consumed, psus themselves use about 100w ac from the wall atop what is provided, so if those 1 rig needs a 1200w psu at the wall you could expect something more like 1300w roughly per psu. 100watts adds up quickly
hero member
Activity: 1036
Merit: 606
December 17, 2017, 02:05:36 AM
#7
You are much better of with RX 570/580's on a cost/hash for mining ETH. Much better avalability as well. New lower power ver. 008C 6-pin risers use 5W less compared to ver. 006C. That will add up fast with that many cards.

https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20171216220616&SearchText=TISHRIC+VER008C+

Do you really think I should get the RX's? I just want the best of the best stuff.

The RX 570/580 are currently the best cards for mining ETH by far.

Vega 56/64: 44-46 MH/s $500-$700 each = $11.3-$15 per MH/s on ETH
RX 570/580: 28-31 MH/s $250-$300 each = $8.9-$10 per MH/s on ETH

You would be better off mining XMR with the Vega's instead of ETH and then converting to ETH. Even then the RX 570/580's get about half the hash rate for about half the cost of the Vega, so hash/$ is about the same.
sr. member
Activity: 462
Merit: 258
Small Time Miner, Rig Builder, Crypto Trader
December 17, 2017, 02:03:41 AM
#6
Personally I keep my mining hardware hedge at around 10-25% of my crypto holdings.

Be smart.


do you know how much he could make lol, that would be insane. he could easily make it back and then have the hardware to profit more
sr. member
Activity: 462
Merit: 258
Small Time Miner, Rig Builder, Crypto Trader
December 17, 2017, 02:02:38 AM
#5
This is what I plan on buying / using:


XFX Radeon Rx Vega 64 8GB HBM2 3xDP HDMI Graphic Cards RX-VEGMTBFX6 x 130 = $194,998.7

ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency x 10 = $3000

Corsair HXi Series, HX1200i, 1200 Watt (1200W), Fully Modular Power Supply, 80+ Platinum Certified x 10 = $2800

Kingston Value RAM 4GB 1600MHz PC3-12800 DDR3 Non-ECC CL11 DIMM SR x8 Desktop Memory (KVR16N11S8/4) x 10 = $281

Intel BX80662G4400 Pentium Processor G4400 3.3 GHz FCLGA1151 x 10 = $570.4

T-Module PCI-E Express 1x to 16x Powered Riser Cables 0.6m x 22 = $1001


I am going to try and see if I can get a bulk deal on those gpu's.

The average industrial electricity rate in Wenatchee is 2.18¢/kWh.


The goal of all of this is to try and maximize profits. I love feedback, please let me know if I should take a different approach at this.

nice power rate what state are you in? sounds like Washington state but I could totally be wrong
full member
Activity: 350
Merit: 100
December 17, 2017, 01:52:25 AM
#4
Personally I keep my mining hardware hedge at around 10-25% of my crypto holdings.

Be smart.
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