Best mining rig around 600 usd no gpu!

[BLT_Sharpies]

Is this rig any good? Thinking of purchasing one soon.

 

https://pcpartpicker.com/user/JacksonHans/saved/#view=yfKL99

 

Is psu big enough?

Is mobo good?

 

WILL be MINING BITCOIN

 

 

[lieder1987]

People will need to know what you plan to mine, but probably not going to do much with that build.

[MultiGamerClub]

Unless you need proper brands, you could probably drop the price a bit on those parts.. And what will you even mine? Do you even need a I3 cpu?

[LanceQ10]

Maybe change the storage and save like $20

[BLT_Sharpies]

25 minutes ago, MultiGamerClub said:

Unless you need proper brands, you could probably drop the price a bit on those parts.. And what will you even mine? Do you even need a I3 cpu?

bitcoin

[BLT_Sharpies]

33 minutes ago, lieder1987 said:

People will need to know what you plan to mine, but probably not going to do much with that build.

bitcoin

[BLT_Sharpies]

10 minutes ago, LanceQ10 said:

Maybe change the storage and save like $20

ok

[IkeaGnome]

3 minutes ago, BLT_Sharpies said:

bitcoin

Then you need an ASIC. You can mine other coins on GPUs, but BTC isn't going to make any money on a GPU. 

[BLT_Sharpies]

23 minutes ago, IkeaGnome said:

Then you need an ASIC. You can mine other coins on GPUs, but BTC isn't going to make any money on a GPU. 

what is asic?

[coreygibson]

29 minutes ago, BLT_Sharpies said:

what is asic?

application-specific integrated circuit - essentially a device specially designed to mine the algorithm for a certain crypto coin. 

[BLT_Sharpies]

12 minutes ago, coreygibson said:

application-specific integrated circuit - essentially a device specially designed to mine the algorithm for a certain crypto coin. 

oh ok thanks. Whats the best asic for bitcoin around 600- 1000usd my electricity is 9c per kw

[coreygibson]

2 minutes ago, BLT_Sharpies said:

oh ok thanks. Whats the best asic for bitcoin around 600- 1000usd my electricity is 9c per kw

First, I'm going to recommend NOT getting into crypto mining while the price of components is so high, it is highly likely you wont see a return on investment. a direct investment into a coin might be better at this time. note, I'm neither a financial nor economics expert.

 

If you really want to get into coin mining, dont mine bitcoin, there are far better alternatives. Look at something like Ethereum or any of the other coins that are still viable to mine on GPUs. That way you can use off the shelf hardware.

 

I personally use Nicehash and it automatically converts my pay to bitcoin. Then I use Coinbase for any trades/selling.

[BLT_Sharpies]

2 minutes ago, coreygibson said:

First, I'm going to recommend NOT getting into crypto mining while the price of components is so high, it is highly likely you wont see a return on investment. a direct investment into a coin might be better at this time. note, I'm neither a financial nor economics expert.

 

If you really want to get into coin mining, dont mine bitcoin, there are far better alternatives. Look at something like Ethereum or any of the other coins that are still viable to mine on GPUs. That way you can use off the shelf hardware.

 

I personally use Nicehash and it automatically converts my pay to bitcoin. Then I use Coinbase for any trades/selling.

so i should use nicehash to mine bitcoin and convert it into Ethereum on coinbase? If so is my rig idea good or na?

[BLT_Sharpies]

or does it just automaticly convert it to bitcoin?

[coreygibson]

2 minutes ago, BLT_Sharpies said:

so i should use nicehash to mine bitcoin and convert it into Ethereum on coinbase? If so is my rig idea good or na?

Nicehash mines Ethereum and gives you bitcoin, there is no reason to exchange it unless you have a particular want for ethereum. You can sell the bitcoin directly.

[coreygibson]

7 minutes ago, BLT_Sharpies said:

 If so is my rig idea good or na?

What is your current computer?

[BLT_Sharpies]

8 minutes ago, coreygibson said:

What is your current computer?

10600k and 1080

[BLT_Sharpies]

14 minutes ago, coreygibson said:

Nicehash mines Ethereum and gives you bitcoin, there is no reason to exchange it unless you have a particular want for ethereum. You can sell the bitcoin directly.

ok thats what i thought

[coreygibson]

1 minute ago, BLT_Sharpies said:

10600k and 1080

If you have another PCIE x16 slot, i'd recomend getting a beefy power supply and a new high-end gpu. Mine on both the 1080 and new gpu through the day and turn them off when gaming. that way you can get into mining without spending all the extra cash on a full build.

[BLT_Sharpies]

3 minutes ago, coreygibson said:

If you have another PCIE x16 slot, i'd recomend getting a beefy power supply and a new high-end gpu. Mine on both the 1080 and new gpu through the day and turn them off when gaming. that way you can get into mining without spending all the extra cash on a full build.

ok so like a 3060 ti or higher? like a 3080

[BLT_Sharpies]

3 minutes ago, coreygibson said:

If you have another PCIE x16 slot, i'd recomend getting a beefy power supply

Like a 1000 watt or like a 1200?

[coreygibson]

Just now, BLT_Sharpies said:

Like a 1000 watt or like a 1200?

you might get away with a 1000w. id go with 1200, i dont know how much a gtx1080 draws when mining

[BLT_Sharpies]

Just now, coreygibson said:

you might get away with a 1000w. id go with 1200, i dont know how much a gtx1080 draws when mining

ok

[BLT_Sharpies]

4 minutes ago, coreygibson said:

you might get away with a 1000w. id go with 1200, i dont know how much a gtx1080 draws when mining

what gpu would u recomend. Like a 3060ti, 2080, 3070?

[BLT_Sharpies]

17 hours ago, coreygibson said:

If you have another PCIE x16 slot, i'd recomend getting a beefy power supply and a new high-end gpu. Mine on both the 1080 and new gpu through the day and turn them off when gaming. that way you can get into mining without spending all the extra cash on a full build.

what gpu