is it still relevant, or profitable if one start building and mining from the scratch today?

why not? as long as you put in a realistic ROI projection in your plan, do go ahead

IMO current realistic ROI projection is around 10 months or more, it will be shorter if there's a bull run

for my case, I also just started from scratch in April with estimated ROI of 10 months for my initial investment during that time, but I'm lucky that I've hit my ROI last month already thanks to HODLing & recent bull run before the crash
Now am slowly adding more to my tiny ops

Some of my friends wanna jump in as well, but after telling them my expected ROI, all cabut as most just wanna make a quick money in a very short term

anything in particular you found out ?

its the same with monero mining, just so called slightly better returns due to lower difficulties for now. in the end of the day you will still want at least 30 to 40 rigs running it.

its never too late to join, just dont have high expectation like its a quick money scheme. treat it like renting out property instead.
am still building rigs every month. as long as there are still pow blockchains, you will have passive income. have a good mix of cpu,gpu, asics.
maintaining balance sheet is important.

wow thanks guys for the valuable input. i'm gonna get my first mining rig by end of the month.

one more questions, i'm in dilemma between pickup up sets of rx6600 or rtx3060 lhr for my first rig. which one gives a better overall value like price, power consumption, and hashrate?

3060 lhr give about 34 mh/s at 120w compared to 6600xt 31 mh/s for 57w on eth.
3060 on alts giving better returns compared to 6600xt as profit wise is still about usd 1.7 / card compared to 1.4 per card on 6600xt.

last checked differences per card is about RM500 to RM800 range
say 40 cards to make up 1.2 gh/s cost for 3060 is 115k, 6600 is about 92k.
to roi from eth 6600xt is a better choice, total returns about 10 months with mobo, peripherals and others cost factored in. however alts will see a decrement of 30 to 40%

3060 will take you longer because of higher initial investment, alts will see a drop of about 20%. which means after pos still safe on alts. <-- or directly mine alts.

we would put a realistic expectation on 2022 end of q1 for eth fully pos
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6600xt is cooler
means lower thermal control costs. looking at about 3280w(eth) 4200w(alts) of heat generated can cool via a 1.5hp ac giving more than 12k btu.
avrg on your inverter ac will be on plug 600w 24/7 (a/c cost RM250+-)eth (rm300+-) alts

3060
5800w (eth) 6600w(alts) you would need a 3hp ac estimated electricity cost on inverter is about 1.2k+-

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Of course a/c is just an example, in actual people uses fan, air purifier, evaporative cooler, growth tent, ducting and various cost effective ways to keep the place cool.
heat throttling on gpu will decrease its efficiency and life span.

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you decide and make up a strategy based on your budget and place.

because when the number started to scale, you look at this on a whole new perspective.

This post has been edited by jett138: Nov 24 2021, 02:43 PM

not really...cos someone told me there is 3060ti non lhr which is hynix memory.. wonder who has it in this group wanna see some results

i think i got one or two. but difficult to locate at which rigs they're at.
so far for performance drops i usually blame the silicon instead of the vram, as i did burn some vram before. and repairable at about 400+- to replace all.

Anyone doing immersion cooling for their asics at the moment or had experience doing so? Not those diy for 1 or 2 units only using cooking pot or aquarium tank but for at least 6-8 big asics per rack (S17/19).

I am looking to get a few racks but can’t seem to find a local company selling it or offering service to build it specifically for asics within M’sia.

for prefab you choice is import, locally just start drawing and send the drawings to any aluminium fabricators for the tanks, pipings can just use pvc, pick a good quality oil pump and heat exchanger, i mod agri specific water curtain instead of using dry coolers as malaysia ambient temp is a lot more higher than what they have overseas.

Do think about your space and the design of hooks required since everyone will be using different design due to accessibility of lifting equipments. and you got to think of maintenance also.
Local company doesnt offer you a one stop solution, its all bits everywhere and you assemble it. or engage with cooling tower, data center cooling specialist.

Thanks for your input. I think I’ll import a rack into M’sia first and see if its feasible to scale with it here.

how does 35 -40% more hash sounds to you
definitely can scale, just plan properly as dielectric liquid is quite messy to work with if you are really going to shift around or to expand, positioning of the heat exchanger, oil pump, and your reservoir is crucial. look into quick couplers also. technically you are building a very big water cooled pc. and position of your racks and potential future expansion.

Can anyone comment on this setup?

How much the 3090s costing you? Not too big of an investment this late? Plus everything dipped yesteday.

according to the chinese, its targeted at bringing best value for 3060 instead of 3090, you gotta check again.
pretty slick for twin cpu mining rtm/monero and getting 9 cards running. your issue would be the heat if you get their casing as well.

3450w psu you are pushing too much, it might not even work. 3450w 80% you are looking at 2760w. get another psu to power all 9 cards.
stick back to manufacturers recommendations if you ask me.

This post has been edited by jett138: Dec 5 2021, 01:36 AM

avoid at all cost. you can easily built your own rig
plus, never use those cheap china PSU that claim is 1800w and above

this is pretty good if you runs rtx3070, 60/ti, RTX 10, 20 series , rx580, rx5600xt and the likes.
less one problem to worry about the risers, use your branded psu if ever in doubt. full x16 compared to 1x

ETH 2.0 coming? How is your mining holding up or starting to sell gpu rigs? I see a lot of GPU rigs sales lately.

from what I see, eth2.0 still got long way to go, at least another 6 to 10 months time if they managed to solve their current issues in time.

even after that, still got plenty of other profitable coins to mine

lots of news outlets are still kinda shallow on crpyto mining, giving gamers big hope that eth2.0 will end the GPU draught

This post has been edited by greyshadow: Dec 28 2021, 11:27 AM

Ya, everyone wants the GPU draught to end. Well, we who have GPUs or Asics, just keep on mining