The mine is doing well so far, some old riserless motherboards that I inherited as well are starting to burn out as well (pcie slots not working) so I'm slowly been replacing those since the hardware is still cheap at this point.
the HP/Dell server PSUs work very well and havent had any issues with those.
96 out of the 100 cards are online, the 4 damaged ones basically just saved the GPU fans from those.
Topic: Just inherited 100 RX 470 8GB cards and may have access to free electricity. (Read 435 times)
January 17, 2024, 01:22:41 PM
January 17, 2024, 12:41:35 PM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
Now there are already good universal chips for replacing processors in mining and for replacing video cards on profitable coins, ASICs are also appearing very quickly.
In my opinion, 50 cents per day of profit for this video card on free electricity is already very good.
January 17, 2024, 05:39:14 AM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
Now there are already good universal chips for replacing processors in mining and for replacing video cards on profitable coins, ASICs are also appearing very quickly.
In my opinion, 50 cents per day of profit for this video card on free electricity is already very good.
January 13, 2024, 11:33:22 PM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
January 11, 2024, 12:35:56 PM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
January 10, 2024, 10:56:57 AM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
January 10, 2024, 10:53:30 AM
Thanks everyone for the replies.
It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
10 percent of non-working video cards is still normal. Check the fuses on these video cards, but just don't test them on good mining motherboards to avoid blowing them. Just first watch the video on YouTube on how to do it correctly. Perhaps you can repair a couple more video cards.It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
LOLThe Kawpow algorithm will be good for AMD video cards for a long time. On Nvidia video cards it is not always profitable.
AMD BC-160 are more reliable due to turbines instead of coolers. But cheap video cards also take up a lot of space, but the payback of $130 in 9 months is good.
Since electricity is free for now, it seems like stronger older RNDA cards like RX 5700 or BC 160 seem to be a great cheap option compared to stronger Nvidia cards.
January 10, 2024, 10:45:17 AM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
https://hashrate.no/gpus/470
If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable.
January 08, 2024, 12:27:23 AM
If you want to prevent theft you need to conceal your gear. I remember years ago some bitcoin miner had probably hundreds of those bitcoin usb flash miners in his apartment. And he left his window and blinds open. And during the day was fine but at night there was nothing but hundreds of LEDs flashing. Eventually I think someone called the cops and they paid him a visit. The moral of the story is you need to hide your gear.
If you leave your window open wide and show your Neighbour all your gpus you might become a target since everyone things that crypto people are rich. Just use common sense.
If you leave your window open wide and show your Neighbour all your gpus you might become a target since everyone things that crypto people are rich. Just use common sense.
January 06, 2024, 01:57:13 PM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
https://hashrate.no/gpus/470
If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable.
Free electricity goes a long way when it comes to profit on graphics card mining. I assume that’s why he’s making a profit with old cards where others would be lucky to break even. Pretty amazing to inherit 100 graphics cards regardless of the reason. I’m glad to see that OP has found a way to keep them online and working.
But in my experience, in such cases there are other risks or the miner must pay money to another person for using this resource. If I had such a resource, I would buy more modern video cards or even ASICs in order to use these 15 Kilowatts with maximum benefit.
You've actually sort of explained how you can lose money with free electricity. Expanding your mining footprint with your own money means you now have an investment to recoup. If any of that hardware goes bad, you're losing money. If the hardware takes a lot of air conditioning to keep functioning, you've now got more equipment to invest in. If a thief comes or a fire breaks out... More losses. Don't kid yourself, there's always ways to lose money and if you're greedy, you'll find them. If I were OP I would be selling those things on eBay before they're worthless and mining with them in the meantime to take advantage of free heat if possible. That's how you don't lose money in this scenario.
And to prevent theft, you need a protected area or a private home, and the most important thing is that no one knows that you have mining equipment.
yeah it is truly important to not have people break in and rob gear.
January 06, 2024, 05:22:20 AM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
https://hashrate.no/gpus/470
If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable.
Free electricity goes a long way when it comes to profit on graphics card mining. I assume that’s why he’s making a profit with old cards where others would be lucky to break even. Pretty amazing to inherit 100 graphics cards regardless of the reason. I’m glad to see that OP has found a way to keep them online and working.
But in my experience, in such cases there are other risks or the miner must pay money to another person for using this resource. If I had such a resource, I would buy more modern video cards or even ASICs in order to use these 15 Kilowatts with maximum benefit.
You've actually sort of explained how you can lose money with free electricity. Expanding your mining footprint with your own money means you now have an investment to recoup. If any of that hardware goes bad, you're losing money. If the hardware takes a lot of air conditioning to keep functioning, you've now got more equipment to invest in. If a thief comes or a fire breaks out... More losses. Don't kid yourself, there's always ways to lose money and if you're greedy, you'll find them. If I were OP I would be selling those things on eBay before they're worthless and mining with them in the meantime to take advantage of free heat if possible. That's how you don't lose money in this scenario.
And to prevent theft, you need a protected area or a private home, and the most important thing is that no one knows that you have mining equipment.
January 05, 2024, 03:57:29 PM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
https://hashrate.no/gpus/470
If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable.
Free electricity goes a long way when it comes to profit on graphics card mining. I assume that’s why he’s making a profit with old cards where others would be lucky to break even. Pretty amazing to inherit 100 graphics cards regardless of the reason. I’m glad to see that OP has found a way to keep them online and working.
But in my experience, in such cases there are other risks or the miner must pay money to another person for using this resource. If I had such a resource, I would buy more modern video cards or even ASICs in order to use these 15 Kilowatts with maximum benefit.
You've actually sort of explained how you can lose money with free electricity. Expanding your mining footprint with your own money means you now have an investment to recoup. If any of that hardware goes bad, you're losing money. If the hardware takes a lot of air conditioning to keep functioning, you've now got more equipment to invest in. If a thief comes or a fire breaks out... More losses. Don't kid yourself, there's always ways to lose money and if you're greedy, you'll find them. If I were OP I would be selling those things on eBay before they're worthless and mining with them in the meantime to take advantage of free heat if possible. That's how you don't lose money in this scenario.
January 05, 2024, 10:28:25 AM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
https://hashrate.no/gpus/470
If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable.
Free electricity goes a long way when it comes to profit on graphics card mining. I assume that’s why he’s making a profit with old cards where others would be lucky to break even. Pretty amazing to inherit 100 graphics cards regardless of the reason. I’m glad to see that OP has found a way to keep them online and working.
But in my experience, in such cases there are other risks or the miner must pay money to another person for using this resource. If I had such a resource, I would buy more modern video cards or even ASICs in order to use these 15 Kilowatts with maximum benefit.
January 04, 2024, 01:46:04 PM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
https://hashrate.no/gpus/470
If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable.
Free electricity goes a long way when it comes to profit on graphics card mining. I assume that’s why he’s making a profit with old cards where others would be lucky to break even. Pretty amazing to inherit 100 graphics cards regardless of the reason. I’m glad to see that OP has found a way to keep them online and working.
January 04, 2024, 06:06:40 AM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
https://hashrate.no/gpus/470
If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable.
January 03, 2024, 09:25:37 PM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice
January 03, 2024, 09:13:33 AM
Thanks everyone for the replies.
It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
10 percent of non-working video cards is still normal. Check the fuses on these video cards, but just don't test them on good mining motherboards to avoid blowing them. Just first watch the video on YouTube on how to do it correctly. Perhaps you can repair a couple more video cards.It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
LOLThe Kawpow algorithm will be good for AMD video cards for a long time. On Nvidia video cards it is not always profitable.
AMD BC-160 are more reliable due to turbines instead of coolers. But cheap video cards also take up a lot of space, but the payback of $130 in 9 months is good.
January 02, 2024, 09:42:10 AM
Thanks everyone for the replies.
It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
10 percent of non-working video cards is still normal. Check the fuses on these video cards, but just don't test them on good mining motherboards to avoid blowing them. Just first watch the video on YouTube on how to do it correctly. Perhaps you can repair a couple more video cards.It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
January 02, 2024, 09:39:03 AM
Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
October 11, 2023, 12:04:26 PM
Thanks everyone for the replies.
It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
10 percent of non-working video cards is still normal. Check the fuses on these video cards, but just don't test them on good mining motherboards to avoid blowing them. Just first watch the video on YouTube on how to do it correctly. Perhaps you can repair a couple more video cards. It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
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