Author

Topic: How much would it cost to start mining??? (Read 388 times)

full member
Activity: 1260
Merit: 115
If you already have a CPU and/or GPU, it only costs electricity plus the time for you to set it up and keep it running

Check out BiblePay its a CPU Only coin:

BiblePay (BBP)
- 10% mined coins always go to Charity (currently sponsoring 329 Orphans monthly!)  
- ASIC-Resistant like Vertcoin/Groestlcoin (CPU Mining Only)  
- fork of DASH (Masternode Governance, Proposals & Voting), Live 10% Monthly Budget
- Proof of BibleHash (POBh) algorithm, All Nodes are Full Nodes  
- Ranked #145 in Code Commits

Mining Guides:
https://www.reddit.com/r/BiblePay/comments/6umlqq/how_to_mine_biblepay_on_windows/
https://www.reddit.com/r/BiblePay/comments/6ummuj/how_to_mine_biblepay_on_linux/
member
Activity: 252
Merit: 13
CryptoTalk.Org - Get Paid for every Post!

Don't know if you posted this as a joke. Because those are horrible suggestions for a mining rig. They are maybe more suitable for a gaming rig.

The 1080 is not a good GPU because it performs poorly with ETH
You don't need an expensive i7 CPU
You don't need such a large SSD either, an old spinable HDD is sufficient
it's not a joke, i like the i7 because of its performance, but if you want to use intel pentium xeon it will be better. using SSD to make it faster, it will reduce LAG

If you want to maximize profits then you should stay away from i7 or any i3 processor higher. CPUs earn very little and is more risky to have them mining 24/7. Just get a cheap low cost and low power CPU and focus on GPU mining.

You have to learn how to do the math and realize for yourself that mining with a CPU is not worth it.
member
Activity: 284
Merit: 10
I bought two 1080ti SC2 Black Edition for $730 4 months ago and now cant find one for less than $1100.
Bad time to build a rig
full member
Activity: 157
Merit: 100
Out of the box is where I live
Hardware is one thing but you should not forget to  check how much you pay for electricity as it may ruin your profitability on the short term. You could always say you're there for the long run but whatever you do, those electricity bills will need to be paid Sad
newbie
Activity: 78
Merit: 0
the cost of a normal farm of 3000 -3500 all that less does not have any sense, now mining for the poor does not fit, you need either to look for good money or to boast in the future in anticipation of just huge growth
newbie
Activity: 126
Merit: 0

Don't know if you posted this as a joke. Because those are horrible suggestions for a mining rig. They are maybe more suitable for a gaming rig.

The 1080 is not a good GPU because it performs poorly with ETH
You don't need an expensive i7 CPU
You don't need such a large SSD either, an old spinable HDD is sufficient
it's not a joke, i like the i7 because of its performance, but if you want to use intel pentium xeon it will be better. using SSD to make it faster, it will reduce LAG
hero member
Activity: 756
Merit: 507
Well, for the start you need about $3-4k, that will give you some 3-4 gpus and rest will go for maibord, cpu memory and so on)) by gpu i meam some amd rx570 or nvidia gtx1070
jr. member
Activity: 133
Merit: 1
How much does this cost depend on what kind of mine you are digging? Basically the more high-quality the mine needs the equipment to be relatively advanced.
newbie
Activity: 13
Merit: 0
Edit: missed the part you wanted a pc for regular use.

That's how I started, you can really just build any pc with a good gpu for this. CPU, mem, and ram doesn't really matter. If you want to game you'll want to atleast get a decent cpu and 8gb ram. You could even get a case/mb that will fit 2 gpu's if you want so you can add second card later, but if you plan to go beyond 2 you're probably best off just building a dedicated rig.



If you're willing to spend a little of money and want to go beyond cpu mining, you could build the barebones rig (PSU, MB, CPU, HDD, mem, risers, etc) and just add a pair of cards rather than 6 or more. Then if you want to continue all you have to do is just add cards as you can afford/want to. I'd just recommend getting a motherboard that will support at least 5 cards. For PSU you could start with a 750 and then add another 750 if you expand, i'd just look for one with at least 4 vga cables (EVGA 750 g1/g2/g3/p2 fits the bill). You can probably get everything but gpu's for $400-500 depending on part selection if you go this route, maybe even less.

Beware its addictive, i went from 1 card to 18 cards in 4 months lol
If profitability is not your concern and just for a hobby or a test

You could start mining at a low or no cost and just use your existing PC's, CPU mining at the most


Best gear always depend on your requisites

you may require:

- lowpower cost with a decent hash

- Higher Hash and dont need a low electricity cost

- Low price gear with a decent hash over a certain coin algo

- High price Gear with a decent hash with a wide range of algo

- Higher hash, Low power cost, High pricing gear with risk of low or "0" resale value

basically, mining is not a want to buy candies in a store and choosing with a best taste from other people then buy

you have to consider your own environment and own taste which suitable and defines whats best for you
At the moment it isn't the peofit it is just the experience.
I just want to try mining but currently I only have a laptop so I am asking what specs is good for mining in PC ,
Because I also want to buy a PC and maybe use it into mining in the future so I could save some money right now if I buy a mining pc rather than just a regular one then after a month or two I would get interested in mining then I would have to build another one.


Before making an investment, I would suggest learning more about mining and profitability. I see a lot of people throwing themselves head first in this when they don't have enough knowledge about it and end up regretting it.

So, I would suggest mining with your CPU first rather than buying everything you need to start your first mining rig. Check this thread: https://bitcointalksearch.org/topic/cryptonight-cpu-mining-guide-coins-that-will-get-you-a-return-2891680
Thanks for the suggestion I would look into it.
It is really helpful and thanks for the concern.
sr. member
Activity: 616
Merit: 279
Thanks for the suggestion I would look into it.
It is really helpful and thanks for the concern.
You are welcome Smiley If you have any issues with the setup you can post in my CPU mining thread and I will try to help out with whatever I can.

I think this is the best option for you at this point, you will learn a lot from this experience and after that you can make your own decision about buying new hardware, especially since the price of GPUs are very high nowadays.
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
If profitability is not your concern and just for a hobby or a test

You could start mining at a low or no cost and just use your existing PC's, CPU mining at the most


Best gear always depend on your requisites

you may require:

- lowpower cost with a decent hash

- Higher Hash and dont need a low electricity cost

- Low price gear with a decent hash over a certain coin algo

- High price Gear with a decent hash with a wide range of algo

- Higher hash, Low power cost, High pricing gear with risk of low or "0" resale value

basically, mining is not a want to buy candies in a store and choosing with a best taste from other people then buy

you have to consider your own environment and own taste which suitable and defines whats best for you
At the moment it isn't the peofit it is just the experience.
I just want to try mining but currently I only have a laptop so I am asking what specs is good for mining in PC ,
Because I also want to buy a PC and maybe use it into mining in the future so I could save some money right now if I buy a mining pc rather than just a regular one then after a month or two I would get interested in mining then I would have to build another one.


Before making an investment, I would suggest learning more about mining and profitability. I see a lot of people throwing themselves head first in this when they don't have enough knowledge about it and end up regretting it.

So, I would suggest mining with your CPU first rather than buying everything you need to start your first mining rig. Check this thread: https://bitcointalksearch.org/topic/cryptonight-cpu-mining-guide-coins-that-will-get-you-a-return-2891680
Thanks for the suggestion I would look into it.
It is really helpful and thanks for the concern.
legendary
Activity: 3248
Merit: 1070
Try it. best perform
Motherboard Asus X99 II $250
RAM Corsair DDR4 8GB
VGA Asus GTX 1080 6pcs
Processor Intel i7 7800X
SSD Corsair 500GB
Power Supply Corsair HX1200
Liquid Coller Corsair H150i

price you can check it on ebay

Don't know if you posted this as a joke. Because those are horrible suggestions for a mining rig. They are maybe more suitable for a gaming rig.

The 1080 is not a good GPU because it performs poorly with ETH
You don't need an expensive i7 CPU
You don't need such a large SSD either, an old spinable HDD is sufficient





you don't mine eth with nvidia, besides, there isn't only eth out there, and eth is giving horrible profit now, 1070ti is the best card right now
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
Try it. best perform
Motherboard Asus X99 II $250
RAM Corsair DDR4 8GB
VGA Asus GTX 1080 6pcs
Processor Intel i7 7800X
SSD Corsair 500GB
Power Supply Corsair HX1200
Liquid Coller Corsair H150i

price you can check it on ebay

Don't know if you posted this as a joke. Because those are horrible suggestions for a mining rig. They are maybe more suitable for a gaming rig.

The 1080 is not a good GPU because it performs poorly with ETH
You don't need an expensive i7 CPU
You don't need such a large SSD either, an old spinable HDD is sufficient



newbie
Activity: 126
Merit: 0
Try it. best perform
Motherboard Asus X99 II $250
RAM Corsair DDR4 8GB
VGA Asus GTX 1080 6pcs
Processor Intel i7 7800X
SSD Corsair 500GB
Power Supply Corsair HX1200
Liquid Coller Corsair H150i

price you can check it on ebay
sr. member
Activity: 616
Merit: 279
Before making an investment, I would suggest learning more about mining and profitability. I see a lot of people throwing themselves head first in this when they don't have enough knowledge about it and end up regretting it.

So, I would suggest mining with your CPU first rather than buying everything you need to start your first mining rig. Check this thread: https://bitcointalksearch.org/topic/cryptonight-cpu-mining-guide-coins-that-will-get-you-a-return-2891680
full member
Activity: 213
Merit: 101
You need about 2k$ to build simple 1060 rig. You can try gradually build up 1070\Vega rig, starting with 1-2 gpu and buy more gpu from mining profit, but ROI for now looks not so good, and it can take a long time
sr. member
Activity: 1008
Merit: 297
Grow with community
If profitability is not your concern and just for a hobby or a test

You could start mining at a low or no cost and just use your existing PC's, CPU mining at the most


Best gear always depend on your requisites

you may require:

- lowpower cost with a decent hash

- Higher Hash and dont need a low electricity cost

- Low price gear with a decent hash over a certain coin algo

- High price Gear with a decent hash with a wide range of algo

- Higher hash, Low power cost, High pricing gear with risk of low or "0" resale value

basically, mining is not a want to buy candies in a store and choosing with a best taste from other people then buy

you have to consider your own environment and own taste which suitable and defines whats best for you
sr. member
Activity: 588
Merit: 335
Steady State Finance
How much would it cost to start mining I mean how much would it cost to start mining on PC.

Let's say with GPUs it depends on which hardware you will choose such as motherboards, Processor, RAM, Storage, USB Riser, PSU, Type and Series of GPUs (NVIDIA or AMD).

And what Specs are the best for mining?

Every miner has different judgments and each has the best option but for me, I have a few specs like this:

- Asrock H81 Pro BTC R2
- G series processor
- RAM DDR3 4 GB
- SSD 128GB Samsung
- USB Riser Ver008C
- PSU Corsair
- RX580 8GB (HIS and Powercolor)
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
How much would it cost to start mining I mean how much would it cost to start mining on PC.
And what Specs are the best for mining?
Jump to: