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Topic: Is rig building still profitable? (Read 41318 times)

sr. member
Activity: 378
Merit: 250
August 29, 2012, 06:56:03 AM
the 7970 gives 500 Mhash

7970 gives a lot more than that.  Mine is overclocked (on air) to 1080/950 and I'm getting about 640 MH.

And to the guy that thinks he's can sell his $3000 rig in 3-4 years for $1500, yeah, good luck with that, it's not gonna happen.  Maybe if you sell it within 12 months, but at the rate stuff is coming out now, you'll be lucky to get 25% of your original cost.  Don't believe me?

Almost exactly 4 years ago, ATI released their flagship 4870 X2 card for $559.  You can grab one now on eBay for about $140 Buy it now and some are selling as auctions for $50-$75...
full member
Activity: 140
Merit: 100
August 23, 2012, 05:46:55 AM
the 7970 gives 500 Mhash
legendary
Activity: 1512
Merit: 1000
April 13, 2012, 04:59:16 AM
Wow go offline for awhile and everyone gets cranky.  Sorry I didn't have access to my wallet from my phone.

[...]

5BTC sent to each of you...I apologize for the delay.
https://blockchain.info/tx-index/3860226/d02f27676f694826ca7feddc9ed8dd660750dc3813be9c15b42ed74a6d301b6a

Whoa, not only did you come through, but you bountied up twice!  I'm impressed. +1 to you my good man.
hero member
Activity: 1138
Merit: 523
April 12, 2012, 11:26:40 PM
Thanks Smiley
donator
Activity: 798
Merit: 500
April 12, 2012, 01:47:14 PM
Wow go offline for awhile and everyone gets cranky.  Sorry I didn't have access to my wallet from my phone.

Quote
And whats my cost for a translator and shipping put it at  Huh

That wasn't stated anywhere in your original challenge:

Quote
Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.

And if you're so xenophobic as to expect US or where ever you are based only replies to your posts then say so.

Oh and btw Chrome has a built in translation function that makes most of those pages more or less readable.

Your right it wasn't stated.  I never said I wasn't paying you, I had no way of checking the information because I couldn't read it. Chrome did the job, thank you.

Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.
That's ~ $1179

Take an avg of 300MH/card is 1800MH/s ->  1.53MH/$
Take a max of 330MH/card is 1980MH/s  ->  1.68 MH/$

There, met your requirements.  You can do even better if you buy used, up to you..

Since my projections to beat your upper request are assuming all the cards clock well, and my lower beats your lower and assumes they all clock ok..

You can send 4 BTC whenever you're ready.  kthnx

19o5QDoEqspRm27WDgun4Dov3n6QNdNCjo

This is much better...

5BTC sent to each of you...I apologize for the delay.
https://blockchain.info/tx-index/3860226/d02f27676f694826ca7feddc9ed8dd660750dc3813be9c15b42ed74a6d301b6a
hero member
Activity: 1138
Merit: 523
April 12, 2012, 10:44:51 AM
Quote
One can also use smalltao.com which is what I've used in the past since I can't figure out how to purchase my babies (lol) from taobao without A) being a resident of china and B) not having a Chinese bank account/credit card.

Or you can use my btc service Smiley
legendary
Activity: 1512
Merit: 1000
April 12, 2012, 05:17:21 AM
Quote
And whats my cost for a translator and shipping put it at  Huh

That wasn't stated anywhere in your original challenge:

Quote
Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.

And if you're so xenophobic as to expect US or where ever you are based only replies to your posts then say so.

Oh and btw Chrome has a built in translation function that makes most of those pages more or less readable.

One can also use smalltao.com which is what I've used in the past since I can't figure out how to purchase my babies (lol) from taobao without A) being a resident of china and B) not having a Chinese bank account/credit card.
legendary
Activity: 1512
Merit: 1000
April 12, 2012, 05:14:03 AM
He did not pay the last bounty, why do you think he would pay now?

I don't.  The only difference between my list and the others proposed are:

A)  All click to order, in english, in N.A.

B)  They're all new components (except the refurb cards).   

Which are to address the two BS excuses he had about the other lists. 

legendary
Activity: 1512
Merit: 1000
April 12, 2012, 05:04:11 AM
Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.


Cards:  6x 6870 @ ~130 ea.   =$780

https://bitcointalksearch.org/topic/wts-sapphire-radeon-hd-6870-video-cards-only-2795-btc-each-76302

Sempron - 145 - $40

http://www.newegg.com/Product/Product.aspx?Item=N82E16819103888


Ram - $9

http://www.newegg.com/Product/Product.aspx?Item=N82E16820148368



Adapters - 6* $5        = $25

http://www.ebay.com/itm/New-PCI-E-Extension-Cable-1X-16X-Riser-Extender-Card-cable-/260987366239?pt=LH_DefaultDomain_0&hash=item3cc40f2b5f#ht_3612wt_754


mobo            =$145

http://www.newegg.com/Product/Product.aspx?Item=N82E16813128514&Tpk=GIGABYTE%20GA-990FXA-UD3


PSU  x2          =$180

http://ncix.com/products/?sku=63239&vpn=P1850SNLB9&manufacture=XFX


That's ~ $1179

Take an avg of 300MH/card is 1800MH/s ->  1.53MH/$
Take a max of 330MH/card is 1980MH/s  ->  1.68 MH/$

There, met your requirements.  You can do even better if you buy used, up to you..

Since my projections to beat your upper request are assuming all the cards clock well, and my lower beats your lower and assumes they all clock ok..

You can send 4 BTC whenever you're ready.  kthnx

19o5QDoEqspRm27WDgun4Dov3n6QNdNCjo
sr. member
Activity: 392
Merit: 250
April 12, 2012, 04:43:50 AM
I actually spent $3000 on a desktop computer that I use for mining.  While it only pulls 1.35 G/Hash, I'll be able to sell this thing in 3-4 years for around $1500 easily.  It's one badass mofo machine, and all the parts are covered under warranty for 4 years.
You'll have to find someone crazy enough to by second-hand power-hungry hardware at the same (or maybe even lower) perf/price ratio as brand new power-savvy hardware. Good luck with that, although I guess it can be found...
hero member
Activity: 1138
Merit: 523
April 12, 2012, 02:53:57 AM
Quote
And whats my cost for a translator and shipping put it at  Huh

That wasn't stated anywhere in your original challenge:

Quote
Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.

And if you're so xenophobic as to expect US or where ever you are based only replies to your posts then say so.

Oh and btw Chrome has a built in translation function that makes most of those pages more or less readable.
legendary
Activity: 1386
Merit: 1004
April 11, 2012, 09:23:01 PM
Still leaving the overall price way nicer than 1.65Mhash/$

And whats my cost for a translator and shipping put it at  Huh

When I have used one, the shipping was the killer.  It was nearly 50% of the product price.  Ordering things like ram, cpu's, HDs do not make sense for US buyers from taoboa.  Cables, 'brand name' clothing,  component level items like raw chips and other things on the other hand can be a bargain even with high shipping.
legendary
Activity: 1834
Merit: 1020
April 11, 2012, 08:54:51 PM
if you ALREADY had horserpower you may try use it.
but build specially for mining ..

This argument comes up every so often when talking about the profitability of mining, and it has always somewhat bothered me.

If you take two persons:
Person A) Is thinking about buying a used computer for $1000, planning to use as a dedicated mining rig.
Person B) Already owns a same kind of computer with resale value of $1000 just sitting idle, and plans to start using it as a dedicated mining rig.

Now B has an option to sell his computer for $1000 or start mining. Person A has an option to not do anything, or buy a computer for $1000 and start mining. In both cases, if you decide to start mining, you will end up initially with $1000 less money compared to when you decide to not mine, so they are economically the same decisions. Of course in a lot of cases, situations are not this simple and there are some other factors to consider, but still if I presented these two exact scenarios separately, I predict that the same people would recommend person A to not waste his money, and for person B to start mining.

Person C) Already owns a same kind of computer, games with it, won't sell it, and realizes "holy crap, you mean I can make real money letting my already kick-ass video card do some work while I'm at work or sleeping?  And then I can use these magical coins to buy an even better video card or parts for even better gaming?  And then continue (nearly) ad infinitum?"    Smiley

I actually spent $3000 on a desktop computer that I use for mining.  While it only pulls 1.35 G/Hash, I'll be able to sell this thing in 3-4 years for around $1500 easily.  It's one badass mofo machine, and all the parts are covered under warranty for 4 years.

In other words, free kick ass machine!!!  I can mine BTC and LTC with it, watch a movie, and use professional recording software to record my music all at the same time   Cheesy
hero member
Activity: 609
Merit: 500
April 11, 2012, 02:02:08 PM
#99
if you ALREADY had horserpower you may try use it.
but build specially for mining ..

This argument comes up every so often when talking about the profitability of mining, and it has always somewhat bothered me.

If you take two persons:
Person A) Is thinking about buying a used computer for $1000, planning to use as a dedicated mining rig.
Person B) Already owns a same kind of computer with resale value of $1000 just sitting idle, and plans to start using it as a dedicated mining rig.

Now B has an option to sell his computer for $1000 or start mining. Person A has an option to not do anything, or buy a computer for $1000 and start mining. In both cases, if you decide to start mining, you will end up initially with $1000 less money compared to when you decide to not mine, so they are economically the same decisions. Of course in a lot of cases, situations are not this simple and there are some other factors to consider, but still if I presented these two exact scenarios separately, I predict that the same people would recommend person A to not waste his money, and for person B to start mining.

Person C) Already owns a same kind of computer, games with it, won't sell it, and realizes "holy crap, you mean I can make real money letting my already kick-ass video card do some work while I'm at work or sleeping?  And then I can use these magical coins to buy an even better video card or parts for even better gaming?  And then continue (nearly) ad infinitum?"    Smiley
donator
Activity: 798
Merit: 500
April 11, 2012, 01:48:22 PM
#98
Still leaving the overall price way nicer than 1.65Mhash/$

And whats my cost for a translator and shipping put it at  Huh
hero member
Activity: 1138
Merit: 523
April 11, 2012, 01:29:38 PM
#97
Quote
Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.

1x refurbed mobo: http://item.taobao.com/item.htm?id=14015663301 698.00 CNY   =   110.649 USD

6x extenders http://item.taobao.com/item.htm?id=3607685593 and http://item.taobao.com/item.htm?id=14360247848 15.00 CNY   =   2.37784 USD x6 = 14.27 USD

cpu sempron http://item.taobao.com/item.htm?id=13360385486 130.00 CNY   =   20.6083 USD

2 gb ddr3 http://item.taobao.com/item.htm?id=6666425787 63.00 CNY   =   9.98693 USD

1 PSU kinda shitty but usable http://item.taobao.com/item.htm?id=13444136885 300.00 CNY   =   47.5615 USD

6x 6770 http://item.taobao.com/item.htm?id=16091076299 420.00 CNY   =   66.5606 USD =  399.3636 USD

2x molex-pci-e adapters http://item.taobao.com/item.htm?id=1131318398 2.50 CNY   =   0.396302 USD = 0.8 USD

Total= 603.23933 USD

Hash 6x 200Mhash/s

1.98926 $/Mhash

Most 6770s will do around 210 Mhash/s I only have 2 of the ones in the link they do 204-206 which is ok when comparing with 5770s so the actual number should be closer to 2$/Mhash

Should the PSU be on the shitty side http://item.taobao.com/item.htm?id=15685788419 is available @ 320.00 CNY   =   50.7221 USD or http://item.taobao.com/item.htm?id=14101614506 328.00 CNY   =   51.9894 USD

Still leaving the overall price way nicer than 1.65Mhash/$

1EXS3q5XhbL5iUKCNCwYg6q4sgJEhmftUP
hero member
Activity: 697
Merit: 500
April 11, 2012, 12:59:03 PM
#96
My last two rigs purchased are as follows.

5x 5830 @ $110
Antec TPQ-1200 @ $219
MSI 890FXA-GD70 @ $180
2x2GB DDR3 $20(split between 2 rigs)
4GB USB   $5
Sempron 145 $40
Wire rack @ Target $10


Ends up around 1.52 MH/$. I bought my board for ~$120 open-boxed at Newegg. The last bulk buy of 5830s I pulled in on eBay averaged around $110. Plan on the next order being around $100 or lower. Pulls in just over 1500 MH/s and pulls around 800w.

Edit: I should note, I know this isn't a 6 GPU rig but 6 GPU didn't make sense. Also, I forgot to include the three PCIe extenders I used at $5/pop. So, in the end it is around 1.50 MH/$.
donator
Activity: 798
Merit: 500
April 11, 2012, 12:33:59 PM
#95
Doesn't exist, never said it did. 
donator
Activity: 1218
Merit: 1079
Gerald Davis
April 11, 2012, 12:26:42 PM
#94
Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.

Show me an FPGA under the same conditions. Smiley
donator
Activity: 798
Merit: 500
April 11, 2012, 12:09:50 PM
#93
Build me an order for a 6 GPU rig that beats 1.4Mhash/$ (excluding frame) and I'll send you 3BTC.  5BTC if you can beat 1.65Mhash/$. With links and items available to ship - and don't put me in rebate hell.

EDIT: paid
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