GTX1070 is best card to start on.
Best of all, giving the current shortages.
Don't listen to negative people. They are just jealous and can't afford such luxury.
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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 Jun 12 2017, 10:04 AM
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#1
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL  
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Jun 12 2017, 10:46 AM
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#2
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(luminaryxi @ Jun 12 2017, 10:33 AM) HEllo guys !! Have been reading for 2weeks , mining with r270 (small miner ) how many cards? What coins? Power draw W? |
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Jun 12 2017, 10:52 AM
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#3
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Mining is still profitable.
Before you start, remember, mining is not for everyone. Not many are cut to be a miner. Before you start, u need to fix your mentality, Mining = Business. And u will have overheads --> power cost, breakdown of parts, internet etc, maintenance, but this is still profitable, vs some poor chap spending 15 hours a day mending his business, with zero profit. once you set your mind that mining = business, you can now assemble your rig. don't buy a business, u set it from scratch. The feel is just different. Then check your budget. What is your allowable overheads to be taken into considerations. Then further study what cards are available. I suggest Nvidia. Minimum to get is 3. If cost is a big concern, u shouldn't run a business. Easy. |
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Jun 12 2017, 01:27 PM
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#4
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(sirxl @ Jun 12 2017, 12:01 PM) I saw a bunch of AMD RX 580 cards at lowyat but it was already booked by the tauke.... i know which shop is that. They only display it. Not booked by tauke, to entice customer coming in . quite a good tactic.Sad. I know one shop hiding a lot, and selling it at premium. 580 now fetching 2000RM per card, OC but not 8gb |
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Jun 12 2017, 01:28 PM
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#5
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(wengherng @ Jun 12 2017, 11:10 AM) So, who's up for taking the lead to create a dedicated thread for Cryptocurrency mining in the Hardware section? i thought Kentang Emas aka GOLDFRIES want to take lead? I think we have come to a point where the cryptocurrency presence in Malaysia has matured enough to require two separate and dedicated discussions threads, one for investing and one for mining. And I think this is also important so that more people will become aware of cryptocurrencies in general. u can start, many will chip in. |
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Jun 12 2017, 01:36 PM
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#6
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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at current BTC price ~3000
3 cards setup. Cost/profit wise. max watt 600w Daily income, exclude TNB bill GPU are of higher end in their class, standard OC GTX 1060 - Ubiq/Eth $14 GTX 1070 - Hush/Ubiq $20 GTX 1080 - VTC/Mona $22 RX570 - Ubiq/ETH $15 RX580 - Ubiq/Eth $15 1 card setup. Cost/profit wise. max watt 400 Daily income, exclude TNB bill GPU are of higher end in their class, standard OC GTX 1060 - Ubiq/Eth $4.9 GTX 1070 - Hush/Ubiq $6.7 GTX 1080 - VTC/Mona $7.5 RX570 - Ubiq/ETH $5 RX580 - Ubiq/Eth $5.1 This post has been edited by zamans98: Jun 12 2017, 01:42 PM |
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Jun 12 2017, 01:38 PM
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#7
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(luminaryxi @ Jun 12 2017, 01:35 PM) Hi, I do not have budget for 3, I am starting with 1 1070, together with my old rx270 okay, so what you mine, u keep. do not rush into selling.i don't have database for older cards. GTX750ti can make about $4 daily, mining FTC |
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Jun 12 2017, 01:44 PM
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#8
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(kmarc @ Jun 12 2017, 01:43 PM) Yippee! My BTS loan almost finished. Earnings so far is 230 BTS coins. Lent out at 0.73%. At current rates, that's about USD 80-90 past 2 days. yes, all in US$You guys should do some lending but please don't spoil the market. Some people just put a bunch of coins at 0.0001% for weeks, making lending not worth it at all. BTC loan rate at the moment still not too bad, at 0.13-0.17%. USD right? |
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Jun 12 2017, 01:49 PM
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#9
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(luminaryxi @ Jun 12 2017, 01:44 PM) Thanks for your advice, I am really motivated. 3gpus need at least how many watt psu? i will go for CORSAIR RM650X 650W PSU. RM520-550, depending which shop.U even can add later 1 more GPU, still sufficient if with NVIdia GPU Remember, leave the card at their factory setting or slight OC. no need to stress the components too much, after all we need it running 24/7 for foreseeable future. on BTC.org, there are people who ran 6gpu RX580 achieving a solid 890W |
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Jun 12 2017, 02:09 PM
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#10
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(kmarc @ Jun 12 2017, 01:54 PM) Nice. Really tempting...... Why wait, u believe Vega will reach here in next 2 months? Maybe I should just reward myself and upgrade my card while using my 1070 for mining.... no no... wait for vega first......  And while waiting, u lose potential income. This is not correct business. U buy 1070, then sell it for Vega. |
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Jun 12 2017, 02:34 PM
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#11
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(kmarc @ Jun 12 2017, 02:29 PM) No urgency. Besides I can't even source the appropriate motherboard and risers locally! I'm quite happy with my auto-cruise coins and lending at the moment. I'm just thinking that mining will make my involvement in cryptos complete. board and risers u can find it over lelong. Locally means in Sibu? On other news, ETH at 350!  |
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Jun 12 2017, 06:36 PM
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#12
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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cloud mining is not profitable, there is element u call scam/fraud. they can walk away.
u pay your own hardware, trust nobody. Not 1st time cloud mining is doing such. |
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Jun 13 2017, 12:35 PM
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#13
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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NXT been on steroid.
From $0.03 now cleared $0.17 Polo USDt This post has been edited by zamans98: Jun 13 2017, 12:36 PM |
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Jun 14 2017, 03:13 AM
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#14
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(shankar_dass93 @ Jun 14 2017, 12:09 AM) So i'm really keen in setting up a hardware mining set as I've read too many bad reviews of cloud mining (Especially the part whereby the company terminates the contract if they find it being unprofitable for over 60days) Start with 3 GPUTried googling the best hardware set up and came across this guy; The estimated cost to set up a system is around USD 3089. http://www.coinminingrigs.com/how-to-build...gpu-mining-rig/ https://www.amazon.com/gp/cart/view.html/ref=nav_cart USD 3089 Headed over to lowyat just now and no one seems to have the required Graphics Cards and even the casing to place the 6 graphics card. Had a shop on the 3rd floor that said he should be able to get the casing by the end of next week. Quoted me roughly around 15k - to 17k to set up a decent mining set though the parts that he is using is totally different from the link that i had given above. Casing, u can buy over mudah.my GPU, choose Nvidia, 8g, OC model. Undervolt it for better performance / stability Best to get 1070GTX. Watt usages is 450w, u can buy CORSAIR 1000 W for future expention. |
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Jun 14 2017, 08:13 PM
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#15
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(raynman @ Jun 14 2017, 05:18 PM) Yes. Antminers (built by Bitmain) only mine bitcoins, nothing else. Since when Antminer only mine Bitcoin? Whether it is more worth it than custom-built rigs is subject to debate.  Wow.. Dude. |
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Jun 14 2017, 08:16 PM
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#16
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(shikimori @ Jun 14 2017, 05:31 PM) you're getting like 237 sols right ? Thats like less than a dollar a day . Why 1060… I would not have bother about it if I were you . Unless just for testing , wait till vega come out and grab it while u can next month If cant wait get 1060 6gb not the 3gb . Go for 1070. And what makes u think Vega is any cheaper than current Nvidia 1080…? 1080 8g is about 3.3K. And there are lots of 1080 in lowyat Plaza. Affordable is not for many. |
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Jun 14 2017, 08:31 PM
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#17
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(shikimori @ Jun 14 2017, 08:28 PM) you can get 1060 (300-345 sols) just for card price about 1.2k -1.6k while 1070 (400-450 sols) is priced at 2k++ 580 8gb selling 1900-2500, depending on memory clock. How will Vega be any cheaper than current cards? So wouldnt 1060 is a better choice if you're planning to get multi card ? As for Vega it is just a speculation . Since AMD always comes out with affordable card with best performance . I think they will price the midrange card around 1.6k-2k range .http://zcashbenchmarks.byethost16.com/?i=1 U can sell your 1070, it will fetch better price. Check my data on per card profit on front pages. |
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Jun 14 2017, 09:59 PM
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#18
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(shikimori @ Jun 14 2017, 08:40 PM) you're comparing with a card that is being hold by people to do scalping . Hypothetically speaking without miners the card would be price around that range Yes, in a way, its correct. Many keeping 1070Though would be interesting to see how people will opt to get normal card vs special card for mining like what nvidia and amd going to release in July . Those card going to be pretty redundant once gpu mining dies . At least with normal card you can resell back like you said. http://www.tweaktown.com/news/57896/amd-nv...ards/index.html The only salvation if Vega be below 2K. AMD 5 series was a disappointment, slightly better than 4 series. Agreed that GPU will dies, but not soon, give it another 2 years. Just came back surveying today. Oh my 1060 6gb RM15xx 1070 8gb RM22xx 1080 8gb RM32xx Fuiyoh, 1070 just up another 300rm, even not top brand fetching high price. |
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Jun 14 2017, 10:03 PM
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#19
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(AlcaGamerZ @ Jun 14 2017, 09:58 PM) I'm just try to usha2 this GPUs and motherboard first before decide to build one .. just that , If i'm getting 2 Rx480/Rx580 what CPU would be best for this setup? . Also how much ram do i need for atleast to run this mining smoothly with the computer not being laggy? . I'm sure we need a server type hdd which last long (Purple HDD), i have one purple hdd in stock which i didn't use maybe could be use for this mining rig .. Better u be prepare for future mining explosion. Getting 16x Riser hm.. , that gonna be my future plan , for now nothing to expand yet . Start from small-small only haha.. Hard disk get 60gb SSD Motherboard Biostar or AsRock 6pcie RAM 8gb PSU 1000w Even RX580 sold out. RX 570 still available |
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Jun 14 2017, 10:07 PM
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#20
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(AlcaGamerZ @ Jun 14 2017, 09:59 PM) Yes,Around that (230+ Sols) 16-12MYR/Day, well i saw a post from overseas group talked about this mining rigs , one of them use 2 gpus which is nvidia gtx1070 with gtx 950 . Also using the same program that i use which is nicehash . Got about 9USD/Day . I used gtx970 only can get Equish to work with me not DaggerHashimoto , As far as i know NiceHash auto detect the mining Aligrothm best for us .. 2x 1070 can gives 12-15$, but not mining ETH. |
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