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Getting In to mining (ETH)

Hi there guys, I am thinking about building a Ethereum mining rig.

I currently have a GTX 1070 in my desktop that is producing about 26 MH/s

Here in where I live in Australia, I believe the cost of power is around 0.21usd/KW/h  (0.28 aud).

I would install the rig on my family farm since the solar panels produce about 5-7Kw/H

 

Just wondering if it is worth it to get into mining or is it to late. The price of Ethereum has sky-rocked lately.

My father may give me an  $1200 aud  (900 usd) to 'invest' in getting the necessary parts. 

 

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Zcash is much better for Nvidia, I recommend you mine that instead. 

Please quote our replys so we get a notification and can reply easily. Never cheap out on a PSU, or I will come to watch the fireworks. 

PSU Tier List

 

My specs

Spoiler

PC:

CPU: Intel Core i5-6600K @4.8GHz
CPU Cooler: Noctua NH-U14S 
Motherboard:  ASUS Maximus VIII Hero 
GPU: Zotac AMP Extreme 1070 @ 2114Mhz
Memory: Corsair Vengeance LPX 16GB (2 x 8GB) DDR4-2400 
Storage: Samsung 850 EVO-Series 500GB 
Storage: Western Digital Caviar Blue 1TB
Case: Cooler Master MasterCase Pro 5 
Power Supply: EVGA 750W G2

 

Peripherals 

Keyboard: Corsair K70 LUX Browns
Mouse: Logitech G502 
Headphones: Kingston HyperX Cloud Revolver 

Monitor: U2713M @ 75Hz

 

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