Topic: Potential first rig. Input needed and welcomed before I pull the trigger. (Read 415 times)

This is about the worst idea I've read in a while.  Talk about throwing good money after bad...

You are talking about buying a bunch of equipment you don't need.  I don't get that.

If you are going to build a rig, build one.  If you are not, then why buy all the parts?  Why add to a ROI when you don't need to?  Why buy a mining board if you aren't running more than 4 GPUs?  Why but a 1k watt power supply when you don't need one?  Same goes for everything else on your list.  You are buying parts that are not going to be used and will collect dust. 

Go on Ebay or CL or Facebook Market Place and pick up a complete junky system that will run 2 cards for under 100.00.  You can install windows 10 for free.  Add 1 or 2 1070s and start mining.  You are going to make about 90.00 a month (with 2 1070s), I get about 1.50 a day each if I don't overclock my 1070s. 

Use winminer and cash out into paypal, you pay less fees than all the bitcoin transactions it takes to sell your bitcoin. 

I'd really be looking to get in as cheap as possible and start making money.  You don't get extra points for buying things you don't need, just a longer time to break even. 

 Both are out of production, but there is a "rev 2" NEWER version of the H81 that is widely available and APPEARS to be in current production.
 I have no idea where ASUS is getting the chipsets to make it with though as I'm pretty sure Intel discontinued production of the H81 chipset years ago.

I am pretty sure

ASRock H81 PRO BTC
Intel Celeron G1840 Processor

You can't buy anymore.

He must of watched an old video or something.

I say deadsix suggestion is totally right and I also back it up. You are choosing a perfect way to start mining your own bitcoins, because when you use Nicehash, they mine altcoins but pay you directly in Bitcoin. You should make about 0.002 btc roughly daily, sometimes a bit more and sometimes a bit less so your average with this rig should be 0.05 Btc a month. Not bad for a starter although I think to ROI you need about 12-13 months or something like that.

I am mining from Nicehash too so welcome to the club .

Made some changes. Welcome to Mining.

Like xFGND said power-on button is not needed. I have had more troubles WITH using one , just turn on this "Power On when AC Lost" (or something like that) from BIOS and when You really have to start it up manually just short the pins. Much easier!

MOBO is old and isn't really that supported anymore. There are plenty of newer motherboards with a lot more support.

You also don't need that much wattage for only one card. I typically run 2x 750/850.

You also don't need a power-on button. You can just short the pins that turn on the computer with anything conductive.

The vast majority of your "new to mining" questions have likely already been answered somewhere else.

Even if you want specific help tailored to your exact selection of parts, there's plenty of resources in this forum and elsewhere that you can look at. (There are even some guides designed for newcomers such as yourself.)

That being said...

Firstly, now is not an amazing time to build a new GPU rig from scratch, especially if your power costs are not extremely low or free. Calculate some basic profit projections, and always consider changes in difficulty and crypto prices. Keep in mind that there is no guarantee that you won't end up losing money on this venture. If you're only in it for the experience, then this won't be a concern for you.

About your build:

That PSU is overkill unless you're certain you'll be expanding beyond 1x 1070. There are high quality PSUs that won't cost as much as that 1000W one.

For a profit-oriented system, the less money you spend on components that don't directly contribute to your hashrate, the better. At current expectations, a single 1070 would have a hard time paying off its own initial cost, plus the rest of your current build.
"Possibly" a second 1070 or doing some part-time mining on your 1060 doesn't quite cut it. If you're building a new system for the sake of mining, using only 3 cards is a mistake, in my opinion.

Now, if you have an already existing system that can support another card or two, then that'd be great, buy some new cards, maybe another PSU, but that's it. I would not spend lots on new hardware if I only planned to mine on a small number of mid-tier cards.


In terms of the math, your hashrate/initial investment comes down to:

Hashrate/(total cost of cards+Overhead), with Overhead representing your PSU(s), motherboard, CPU, RAM, SSD, risers, etc.
Again, keep those overhead costs as low as you can without sacrificing functionality. (For example, I'm sure you've heard to avoid skimping on PSU quality.)

Oh, I gotcha.

This forum was suggested by a Youtuber for technical discussions on builds, so I'm not sure if I'm in the right place or not.

I was looking for a place to have technical discussions on different rigs, and receive help as I go through the process of building, software, etc... To become a part of the community.

If I'm in the wrong place, is there a good place that I should go?

Thanks

He means that you shouldn't be minig bitcoins with it and is right. You will need asic miners for bitcoin. You can mine altcoins with the setup you have. Btw the only thing that really matters is your gpu and the owner it costs to run it. Your CPU and Mobo and everything else just needs to be sufficient enough to support the you you are using that's all. Your setup is fine and it is a nice gpu to mine a fairly decent amount. If you get into it I suggest on buying more gpus unless you mine most of the day with this setup and it's more of a lucrative hobby then anything else.

I'm not sure what you mean.

Is there something wrong with this build?

I plan on running Nicehash Miner, the same as I am doing now.

A bit more info would be helpful.   

I've spent many hours combing these forums and the net for ideas on different builds. I feel confident enough to post what I think will be a good starter rig.

ASRock H81 PRO BTC
Intel Celeron G1840 Processor
Kingston 4GB 240-Pin DDR3 SDRAM DDR3 1600
EVGA 1000 GQ, 80+ GOLD 1000W
SanDisk SSD PLUS 2.5" 120GB SATA III
Electop 2 Pack 2 Pin SW PC Power Cable on/off Push Button
MintCell 6-Pack PCIe 4-Pin MOLEX PCI-E 16x to 1x Powered Riser
EVGA GeForce GTX 1070 SC GAMING
P3 P4400 Kill A Watt Electricity Usage Monitor

The 1070 will run full time, however I am toying around with the idea of buying two of them. When I'm not using my regular PC, I'm going to swap back and forth my 1060 6GB between them. So, lets just assume that I'll be running two 1070's and 18-20hrs a day with the 1060.

At the start, I don't plan on OC'n, but I'm sure I'll reach a point where I'll be interested in doing so. If I can make back what I put into this, I'll add a new GPU here and there for a total of 6 when all is said and done.

I can run Win 7 64 or Win 10. I really haven't seen anyone make a case for one being better than the other, but everyone (using Windows) seems to be Win 10.

Thoughts
No one really metiontions a surge protector. I would assume it would be a good idea to have one. Any suggestions if it's needed?

I'm not sure if it would be a better idea to run two PSU's instead of just one.

What do you think my soon to be peers?