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Topic: Should I invest in GPU mining? - page 4. (Read 6638 times)

hero member
Activity: 1036
Merit: 606
June 08, 2017, 11:52:57 AM
#36
Seems like the riser cables I put on order at all4btc got sold out before being ordered Sad

Does it matter what kind of riser cables I order?
Or will any x1 to x16 pcie riser cables work as good?

I use 6-pin PCI-E risers. Three thicker wires that are designed to spread a higher 12V load instead of two used by molex and sata connectors. The 6-pin risers also use four capacitors for a more stable current flow compared to the three used by the molex and sata risers. The good ones also come with a voltage regulator to prevent spikes. Here is a good overview of the different riser types:

https://www.youtube.com/watch?v=MxQM8MRGUWs

It's also a good idea to order twice as many risers as you think you will need. Nothing worse than being stuck with a card idle and waiting for risers to arrive.

These would be good right?

https://www.amazon.co.uk/YIKESHU-PCI-E-Powered-Adapter-Extension/dp/B071NMZSZ4/ref=sr_1_2?ie=UTF8&qid=1496940375&sr=8-2&keywords=pci-e+riser+6+pin

I like the push-pin type risers.

https://www.amazon.co.uk/Kyerivs-PCI-E-Powered-Adapter-Extension/dp/B06ZYCRX7B

They seem to latch on the card more securely than the slider type.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
June 08, 2017, 11:47:29 AM
#35
Seems like the riser cables I put on order at all4btc got sold out before being ordered Sad

Does it matter what kind of riser cables I order?
Or will any x1 to x16 pcie riser cables work as good?

I use 6-pin PCI-E risers. Three thicker wires that are designed to spread a higher 12V load instead of two used by molex and sata connectors. The 6-pin risers also use four capacitors for a more stable current flow compared to the three used by the molex and sata risers. The good ones also come with a voltage regulator to prevent spikes. Here is a good overview of the different riser types:

https://www.youtube.com/watch?v=MxQM8MRGUWs

It's also a good idea to order twice as many risers as you think you will need. Nothing worse than being stuck with a card idle and waiting for risers to arrive.

These would be good right?

https://www.amazon.co.uk/YIKESHU-PCI-E-Powered-Adapter-Extension/dp/B071NMZSZ4/ref=sr_1_2?ie=UTF8&qid=1496940375&sr=8-2&keywords=pci-e+riser+6+pin
hero member
Activity: 1036
Merit: 606
June 08, 2017, 11:10:37 AM
#34
Seems like the riser cables I put on order at all4btc got sold out before being ordered Sad

Does it matter what kind of riser cables I order?
Or will any x1 to x16 pcie riser cables work as good?

I use 6-pin PCI-E risers. Three thicker wires that are designed to spread a higher 12V load instead of two used by molex and sata connectors. The 6-pin risers also use four capacitors for a more stable current flow compared to the three used by the molex and sata risers. The good ones also come with a voltage regulator to prevent spikes. Here is a good overview of the different riser types:

https://www.youtube.com/watch?v=MxQM8MRGUWs

It's also a good idea to order twice as many risers as you think you will need. Nothing worse than being stuck with a card idle and waiting for risers to arrive.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
June 08, 2017, 11:06:14 AM
#33
Seems like the riser cables I put on order at all4btc got sold out before being ordered Sad

Does it matter what kind of riser cables I order?
Or will any x1 to x16 pcie riser cables work as good?
hero member
Activity: 560
Merit: 504
June 07, 2017, 02:42:18 PM
#32
GPUs specifically for mining??  Shocked First time I hear about that.
Do you have a source/link for me? Smiley I'd be very much interested in their gear!!
hero member
Activity: 756
Merit: 501
DeepOnions for the WIN!
June 07, 2017, 02:40:51 PM
#31
If you can find the cards to mine with. Everything is out of stock globally. When cards do come for sale, it's usually for a premium. That will increase your costs and the payback time.

^^ THIS - it is almost impossible to get any cards anywhere. I was also thinking of building a rig, but have just shelved it for the time being. And now with the news of AMD and Nvidia both starting to make GPU's specifically for mining, times are changing. I am sitting on the sidelines watching, for now.
full member
Activity: 210
Merit: 100
June 07, 2017, 02:35:23 PM
#30
i think a lot btc is about 45% dominance the alts have really taken ground and still holding. get a strategy and see what happens, without trying i get good returns, some coins for example lbry have doubled. mining is complicated but allows more home grown owners, i.e more decentralization, which i think some prefer to btc mining.

if it goes tits up sell them at least you have something to show for it all.
jr. member
Activity: 59
Merit: 10
June 07, 2017, 02:29:48 PM
#29
If I had very cheap electricity I would consider mining some of them. The question is, for how long can these alts remain sustainable.
full member
Activity: 210
Merit: 100
June 07, 2017, 02:29:22 PM
#28
Well, I haven't purchased the gtx 1070 yet, would I be better off by buying more rx 470?

i personally think the gtx offers more coin options than the rx but to make money and quicker returns   mining ethereum the rx wins as it is cheaper.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
June 07, 2017, 02:27:28 PM
#27
Well, I haven't purchased the gtx 1070 yet, would I be better off by buying more rx 470?
full member
Activity: 210
Merit: 100
June 07, 2017, 01:51:41 PM
#26
i'm not sure about 180w for gtx 1070. mine are no where near that, yes some algos are power intensive but most are not. 120w for z cash .
hero member
Activity: 1036
Merit: 606
June 07, 2017, 11:40:37 AM
#25
Thanks for your responses.

I have ordered almost all the items on the list so far and will wait for their arrival
What my main question is right now as I have ordered 4 rx 470s ordering 2 gtx 1070 and running them on the same motherboard has the same effect as running 6x of the same gpu?


I currently have four types of GPU's on a single Windows 7 rig. RX 480's, a RX 580, a HD 7850 and just added a GTX 1080. No performance difference with the AMD cards after installing the Nvidia card. The biggest problem is you need to configure the settings for each of the different cards and figuring out which GPU index applies to which card. Having all the same cards is simpler.

Sweet

the hx1200i should support 6 gpus?

Without a problem. The RX 470's use ~125 W each and the GTX 1070's about ~180W at 100% TDP. You could add up to seven or eight if you adjust the power on the cards.
legendary
Activity: 1540
Merit: 1003
June 07, 2017, 11:37:51 AM
#24
Thanks for your responses.

I have ordered almost all the items on the list so far and will wait for their arrival
What my main question is right now as I have ordered 4 rx 470s ordering 2 gtx 1070 and running them on the same motherboard has the same effect as running 6x of the same gpu?

I don't want to frighten you but I'm having issue with 3 types of graphic cards, I have 4x XFX 470, 1x MSI 470, and 1x Sapphire 580, the best that I could do is working only the first 4 GPUs, when I put any other of the other 2 it fails.

the hx1200i should support 6 gpus?

I have the same and it's enough, that's a powerful PSU.

I currently have four types of GPU's on a single Windows 7 rig. RX 480's, a RX 580, a HD 7850 and just added a GTX 1080. No performance difference with the AMD cards after installing the Nvidia card. The biggest problem is you need to configure the settings for each of the different cards and figuring out which GPU index applies to which card. Having all the same cards is simpler.

Could you help me setup 3 different types of GPUs, I'm going to test it in Windows 7 didn;t thought about it as I installed multiple times Windows 10.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
June 07, 2017, 11:26:04 AM
#23
Thanks for your responses.

I have ordered almost all the items on the list so far and will wait for their arrival
What my main question is right now as I have ordered 4 rx 470s ordering 2 gtx 1070 and running them on the same motherboard has the same effect as running 6x of the same gpu?


I currently have four types of GPU's on a single Windows 7 rig. RX 480's, a RX 580, a HD 7850 and just added a GTX 1080. No performance difference with the AMD cards after installing the Nvidia card. The biggest problem is you need to configure the settings for each of the different cards and figuring out which GPU index applies to which card. Having all the same cards is simpler.

Sweet

the hx1200i should support 6 gpus?
hero member
Activity: 1036
Merit: 606
June 07, 2017, 07:01:02 AM
#22
Thanks for your responses.

I have ordered almost all the items on the list so far and will wait for their arrival
What my main question is right now as I have ordered 4 rx 470s ordering 2 gtx 1070 and running them on the same motherboard has the same effect as running 6x of the same gpu?


I currently have four types of GPU's on a single Windows 7 rig. RX 480's, a RX 580, a HD 7850 and just added a GTX 1080. No performance difference with the AMD cards after installing the Nvidia card. The biggest problem is you need to configure the settings for each of the different cards and figuring out which GPU index applies to which card. Having all the same cards is simpler.
sr. member
Activity: 406
Merit: 252
June 07, 2017, 05:59:34 AM
#21
This can make you premature because of the increased risk in your life and the constant desire to follow Ethereum.

For me, do not do Ethereum mining. Instead, do LTC mining!
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
June 07, 2017, 05:56:02 AM
#20
Thanks for your responses.

I have ordered almost all the items on the list so far and will wait for their arrival
What my main question is right now as I have ordered 4 rx 470s ordering 2 gtx 1070 and running them on the same motherboard has the same effect as running 6x of the same gpu?
newbie
Activity: 53
Merit: 0
June 06, 2017, 06:26:40 AM
#19
Mining is like a high risk investment, and there are so many uncertain things which you can not simply put the number in and calculate it.

So let predict the future:

Situation 1: ETH price going up in the next 3 months, as well as the difficulty, so you still can ROI within 3 months, thanks to ETH price.

Situation 2: ETH price stay in the range of $200-$250 in the next 3 months, but the difficulty still increase, so your calculation is not accurate anymore, the ROI should be 6-8 months in this case, and after ROI, your rig may take additional 12-16 months to get another $2500 if the price of ETH does not go up.

Situation 3, the worst one: BTC, ETH price going down, difficulty still going up (cause people already invested in the equipment so they have to use it anyway), at this case you may expect around 15 months ROI, or maybe never ROI, but good thing is your cards have resale value, so you can still sell it.


So the decision is yours, mining is fun, I must say that Cheesy, people tell others to not to invest to mining equipment but invest in the coin itself, that is also a good advice.

Let s talk about my situation, I bought 8 L3+ to mine Litecoin for their 2nd batch on 5 May, it costs me total 11 BTC = $13,200, including PSU and shipping charge, the BTC price is $1200 that time.

Now my 8 L3+ almost ROI, iti s about 80% ROI now
But the opportunity cost is pretty high, since 11 BTC = $30,250, BTC price is $2750 at the moment.

So do you think how long will my 8 L3+ earn me more $20,000 difference, considering more and more L3+ batch will come from Bitmain in the future? It is hard to say, but in term of investment, the decision to keep BTC instead of buying L3+ is a better decision.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
June 06, 2017, 04:57:12 AM
#18
Can anyone confirm this would work?
And if I'm missing something
I'm a complete newb, so I'm afraid to act completely on my own

yeah it work, just decide if amd or nvidia

I posted the links to the ones I would get, is it cool?

Also, is SSD a neccesity?

I have a 500 GB 3.0 portable hard, do I need to buy an SSD?

SSD is not required, but highly reccommended. Especially with Windows due to the hard crashes. Running 24/7 it pays for itself with the power savings. I used to have a WD 1TB spinning drive. It pulled 50W compared to the 5W and SSD uses. Any basic Sandisk or Kingston 64GB is all you neeed.

Sweet, will get an SSD then!
hero member
Activity: 1036
Merit: 606
June 06, 2017, 04:09:58 AM
#17
Can anyone confirm this would work?
And if I'm missing something
I'm a complete newb, so I'm afraid to act completely on my own

yeah it work, just decide if amd or nvidia

I posted the links to the ones I would get, is it cool?

Also, is SSD a neccesity?

I have a 500 GB 3.0 portable hard, do I need to buy an SSD?

SSD is not required, but highly reccommended. Especially with Windows due to the hard crashes. Running 24/7 it pays for itself with the power savings. I used to have a WD 1TB spinning drive. It pulled 50W compared to the 5W and SSD uses. Any basic Sandisk or Kingston 64GB is all you neeed.
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