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First mining rig!!!1

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The Integrity

The Integrity

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I've been building a mining rig over the last month and now it's finally fully complete.

Biostar TB250-BTC
Intel Celeron G3930
4GB DDR4
HDD 80 GB

EVGA SuperNOVA B2 750W + CM MasterWatt Lite 700W
4x RX580 Sapphire Pulse 4GB (29.3 MH/s per card with OC)
2x RX570 Sapphire Nitro 4GB (28.4 MH/s per card with OC)

Had a lot of trouble with dual power supplies and finding the right OC settings, but it's becoming easier to manage and more stable every day.

OS is Windows 10, with disabled windows update and some other services. Using MSI afterburner for OC.
Miner job is set to autostart, and the PC restarts every 12h. Teamviewer running in the background at all times.

Total hashing power (eth): 174 MH/s
Earnings at today's rates: $32 per 24h / $970 per month (little below $900 after electricity cost)

Power consumption: ~1200W
Temperature: 61-72 C

Total cost of all components, including riser and extender cables was 2000€.

Prices of components:​
TB250-BTC - 110€
Intel Celeron G3930 - 35€
HDD - 1.5€ on flea market :D
RAM - 39€

5x usb riser - 45€
extender - 7€
frame - made by friend, haven't paid him anything yet :D

EVGA SuperNOVA B1 - 85€
CM MasterWatt Lite 700W - 72€
2x RX570 - 520€
4x RX580 - 1075€

GPU costed more due to very high demand. :(

PICS:
https://s6.postimg.org/pz6tehuep/18721212_120332001010736873_404032901_o.jpg
http://s6.postimg.org/al8jdb41d/IMG_20170604_133405.jpg
http://s6.postimg.org/4yc6fu1ip/IMG_20170604_133419.jpg
http://s6.postimg.org/rboigdru9/IMG_20170604_133433.jpg
http://s6.postimg.org/wblyobxgx/IMG_20170604_133509.jpg
 
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[MENTION=283059]The Integrity[/MENTION] why did pick those gpus specifically?
 
I was first aiming for 470/480, but only 570/580 were available.
Currently, 470 is the most profitable option for mining, followed by 480.

It turns out, they are the same as 470/480 in performance, but they consume a lot more power (150w vs 90w at full load when I compared with a friend's 470).
 
Impressive, love the frame :D..

How much per unit is your electricity? in the UK this wouldn't be viable I'd imagine lol
 
BLo0DTiDE said:
Impressive, love the frame :D..

How much per unit is your electricity? in the UK this wouldn't be viable I'd imagine lol
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$0.04 per kW for the first 350, $0.06 afterwards.
That's only around $50 added to the electricity bill.
 
The Integrity said:
$0.04 per kW for the first 350, $0.06 afterwards.
That's only around $50 added to the electricity bill.
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That's really nice. $0.18-19 here. Had a friend once upon a time trying to mine but he give it up, too much effort he said and very little profit. Will the BIP 148 UASF event makes things less profitable, more profitable or no change at all for you? (Not so much into BTC, been reading up a lot on it and thinking to buy some soon around BIP 148 UASF)
 
It will definitely have a huge effect, but I have no idea what will happen. No one can predict that.
At the current rate, I'm going to hit RoI before that though. :p
 
Now you dont mention os. What did you use that? Somethings gotta control it? And are you factoring in air conditioning in costs? Im sure that thing will still get warm even in the open case
 
doomedtofail said:
Now you dont mention os. What did you use that? Somethings gotta control it? And are you factoring in air conditioning in costs? Im sure that thing will still get warm even in the open case
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I'm not using air conditioner. It's getting pretty warm, but as long as the GPUs are under 75C, it's fine.

It's in my bedroom during the day, with the window open. When you open that door, you get a really warm feeling (both figuratively and literally :D). I move it to the living room at night.

OS is Windows 10, with disabled windows update and some other services. Using MSI afterburner for OC.
Miner job is set to autostart, and the PC restarts every 12h. Teamviewer running in the background at all times.
 
Great job. Been thinking about this for a long time. But was too lazy to read how to set up all that stuff up =)
 
I hadn't realized how expensive Ethereum was until today when I checked coinmarketcap to see how Dogecoin was doing out of curiosity (rip), it's almost as big as BTC. Is the market cap boosted by tricks like Ripple counting premined coins in their market cap, or is all Ethereum actually mined?
 
Good job. I hear a lot of people talking about building one, but only a few got the balls to finally put some money into it. Good luck!
 
It won't last for much longer though. I'm estimating 3 more months before it all falls.
 
The Integrity said:
It won't last for much longer though. I'm estimating 3 more months before it all falls.
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There's been several crashes this year for BTC (which has a major influence on the price of most altcoins), but the price continues rising. I think the 2013/2014 crash was caused by overly inflated prices on Chinese exchanges, which might not be a factor in the current high price of BTC.
 
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Aria Company said:
There's been several crashes this year for BTC (which has a major influence on the price of most altcoins), but the price continues rising. I think the 2013/2014 crash was caused by overly inflated prices on Chinese exchanges, which might not be a factor in the current high price of BTC.
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It's not because of bitcoin losing value, but because the mining difficulty is increasing at a very fast rate. In less than a month, you will mine more than half less than now. In two months, more than 4 times less.

So unless bitcoin price increases by the same amount, it will become non-profitable to continue mining.
 
Did you check out premade mining setups?
https://www.bitcoinmining.com/bitcoin-mining-hardware/

$970/month is about 0.39 btc.

That's a bit more than the AntMiner S9 (0.36 btc) which costs about $2000 USD. Your cost was about $2227 USD so with the extra money it looks like the extra output is about on par with it. I might be easier for your 2nd machine to just buy a prebuild setup, at the very least it'll save you space.

Also did you join a mining pool? I read you need to do that otherwise it can be a long time before you get a full bitcoin by yourself.

Good luck with it. With mining fees going through the roof, my bet is you'll do very well.
 
[MENTION=86871]EpicNPC[/MENTION]

I didn't check out premade setups. Those are only for bitcoin, while for altcoin mining you basically build a PC with multiple GPUs.

I'm mining in a mining pool. Don't think mining solo is very reliable, since it's random whether you get anything or not, so didn't want to try it. Mining in a pool ensures a steady flow of payments and the fee is very small, around 1%.

The main problem now is the difficulty. It is rising way too fast and mining profitability is dropping. In the last 3 months, I believe the number of miners tripled, as it became very popular everywhere in the world.
https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart (similar situations with all cryptocurrencies)
 
I sold it for 3250€ :D
 
It looks like that was mainly due to your GPUs appreciating in value.
Good call to get out while demand for mining tools was still high, especially with the price correction within the last couple days.
 
1st rig - well done. looks great! =)
I am still using just 2 GPU - when it has generated enough profit I might try something like you. ^^

Cheers!
 
Wow that's a nice mining rig. Not sure if mining is still profitable though. I did some mining myself but it was a long time ago in 2014.
 
Kat_ty said:
Have you seen the price of bitcoin today? What do you say now?
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A temporary increase before a correction. :)

It's still 3 times less than when I said that and still not profitable compared to simply investing. I don't regret selling the rig (@MistiServices), as I've invested part of the money that I got from it in btc and iota, of which both are worth 4 times more today.

I still think that mining will die out, just maybe not as soon as I initially though. :)
 
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