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+--- Thread: I want to start mining, what setup do you recommend? (/showthread.php?tid=6174751)
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RE: I want to start mining, what setup do you recommend? - pubgmobilecheat - Oct 2, 2021
There is no right answer when it comes to mining. You either do it or you don't. Idk if investing directly in some coin would be better option since you'd have to be vigilant and trade it in order to gain profit while waiting for it to rise in price to gain even more (multiple coins are also an option).
If you go for GPU mining setup, then you can mine ETH while it's still Proof Of Work - mineable. After that you can switch to Raven coin since it has good profitability, at least for now.
Anyhow, when ETH goes to Proof Of Stage protocol, you will just switch to next best thing like everyone else.
If electricity is free, you can even mine Lite coin, Dash and similar, hold it and sell when they spikes up to gain profit.
That Nicehash miner looks like a great option for beginners since you just need to run it and it mines a random coin that is most profitable at the moment, it automatically converts it to and pays you up in bitcoin.
RE: I want to start mining, what setup do you recommend? - Roberto Scorpius Malfoy - Oct 4, 2021
I was thinking to buy 50 3090 GPUs, how hard it it to build rigs that contain 50 3090 gpus?
RE: I want to start mining, what setup do you recommend? - Net - Oct 4, 2021
(Oct 4, 2021 01:04 AM)Roberto Scorpius Malfoy Wrote: I was thinking to buy 50 3090 GPUs, how hard it it to build rigs that contain 50 3090 gpus?
50 3090 GPUs is insane, you would probably need to have the rig in a cool place. I am guessing you're not going to have the rig at your house?
RE: I want to start mining, what setup do you recommend? - Roberto Scorpius Malfoy - Oct 4, 2021
(Oct 4, 2021 01:10 AM)Net Ninja Wrote: 50 3090 GPUs is insane, you would probably need to have the rig in a cool place. I am guessing you're not going to have the rig at your house?
No, my friend owns a warehouse, the whole thing is 800 m2, is that enough?
RE: I want to start mining, what setup do you recommend? - Net - Oct 4, 2021
(Oct 4, 2021 01:40 AM)Roberto Scorpius Malfoy Wrote: No, my friend owns a warehouse, the whole thing is 800 m2, is that enough?
800 m2 is pretty much the size of a futsal court, you should honestly have no problem with space. I would however also do some thinking about security, will you have any cameras in the warehouse?
RE: I want to start mining, what setup do you recommend? - Roberto Scorpius Malfoy - Oct 4, 2021
(Oct 4, 2021 01:47 AM)Net Ninja Wrote: 800 m2 is pretty much the size of a futsal court, you should honestly have no problem with space. I would however also do some thinking about security, will you have any cameras in the warehouse?
That's the size of the whole building, the rigs will be in rooms which is 12m2 and some a little bit bigger, is that good enough?
Cameras will be there, but I am more worried about how hard it is to setup.
RE: I want to start mining, what setup do you recommend? - Net - Oct 4, 2021
(Oct 4, 2021 01:49 AM)Roberto Scorpius Malfoy Wrote: That's the size of the whole building, the rigs will be in rooms which is 12m2 and some a little bit bigger, is that good enough?
Cameras will be there, but I am more worried about how hard it is to setup.
I don't know much about mining rigs in a technical sense, but logistically you should have no problem setting it up in a 12 m2 room.
I am purely making my opinion based by this video.
RE: I want to start mining, what setup do you recommend? - Roberto Scorpius Malfoy - Oct 4, 2021
(Oct 4, 2021 02:02 AM)Net Ninja Wrote: I don't know much about mining rigs in a technical sense, but logistically you should have no problem setting it up in a 12 m2 room.
I am purely making my opinion based by this video.
These are the GPUs I will go for
ASUS ROG STRIX GeForce RTX 3090 24GB Gaming OC (1)
ASUS TUF GeForce RTX 3090 24GB Gaming (5)
ASUS TUF GeForce RTX 3090 24GB Gaming OC (30)
The other ones will come at a later point, but I will start with these, what do you think about them? What should I mine?
RE: I want to start mining, what setup do you recommend? - Net - Oct 4, 2021
(Oct 4, 2021 02:20 AM)Roberto Scorpius Malfoy Wrote: These are the GPUs I will go for
ASUS ROG STRIX GeForce RTX 3090 24GB Gaming OC (1)
ASUS TUF GeForce RTX 3090 24GB Gaming (5)
ASUS TUF GeForce RTX 3090 24GB Gaming OC (30)
The other ones will come at a later point, but I will start with these, what do you think about them? What should I mine?
Like I said, I can give advice on the logistic department, but mining itself ain't my strong suit, sorry.
RE: I want to start mining, what setup do you recommend? - PoLoW - Oct 4, 2021
If you can find msrp 3090 count me in, i have $8k waiting for a mining rig.
RE: I want to start mining, what setup do you recommend? - Roberto Scorpius Malfoy - Oct 4, 2021
(Oct 4, 2021 03:18 AM)PoLoW Wrote: If you can find msrp 3090 count me in, i have $8k waiting for a mining rig.
What do you mean by msrp?
RE: I want to start mining, what setup do you recommend? - PoLoW - Oct 4, 2021
(Oct 4, 2021 03:19 AM)Roberto Scorpius Malfoy Wrote: What do you mean by msrp?
MSRP, meaning Manufacturer's Suggested Retail Price. Not scalpers prices.
RE: I want to start mining, what setup do you recommend? - Vinavil - Oct 4, 2021
i'm getting some good returns on Scrypt coins, especially DOGE + LTC(Merge mining)
RE: I want to start mining, what setup do you recommend? - Vinavil - Oct 4, 2021
(Oct 4, 2021 07:34 AM)Focus Broken Wrote: What hardware are you using? It seemed like there was a big gap in producing new Scrypt ASIC models after the Antminer L3.
got 4 L3++, they do their job with low current consumption. maximizing the profits.