I want to start mining, but I need some help first.

[Owlman]

What hardware would I need to pair with, let's say a RX580? Could probably get an old pc form work and replace the PSU

Would the 8GB version be better at mining than the 4GB?

What software do I need?

What sort of profit does a single 580 yield?

 

 

[Damascus]

lol if you don't already have a 580 you'll never make a profit.

[tom_w141]

9 minutes ago, Owlman said:

What hardware would I need to pair with, let's say a RX580? Could probably get an old pc form work and replace the PSU

Would the 8GB version be better at mining than the 4GB?

What software do I need?

What sort of profit does a single 580 yield?

 

 

Literally anything. A popular choice is an LGA 1150 motherboard (make sure you have at least 4 PCIe 1x slots so you can expand your GPUs) with a cheapo £30 Celeron & 4GB of DDR3 RAM. The rest of the system matters very little its the GPU.

 

Yes Ethereum for example takes advantage of VRAM so more is better.

 

A lot of beginners use NiceHash Miner because it is user friendly and choses the best coin for your system.

 

Can't say depends on your power bills and coin you mine. Check out www.cryptocompare.com

[Gaurav S Rao]

8 minutes ago, Owlman said:

What hardware would I need to pair with, let's say a RX580? Could probably get an old pc form work and replace the PSU

Would the 8GB version be better at mining than the 4GB?

What software do I need?

What sort of profit does a single 580 yield?

 

 

Yeah,a LGA 1155 Celeron would be fine for mining,but as @Damascus said,if you don't have a 480/580 yet,you will never make a profit since they are basically all out of stock,and all over ebay,but a huge price for those,but a R9 3XX or 2XX should be fine,just get many of them

 

[Owlman]

19 minutes ago, Gaurav S Rao said:

Yeah,a LGA 1155 Celeron would be fine for mining,but as @Damascus said,if you don't have a 480/580 yet,you will never make a profit since they are basically all out of stock,and all over ebay,but a huge price for those,but a R9 3XX or 2XX should be fine,just get many of them

 

Might be able to get my hands on a r9 fury x. Would that card work?

[Gaurav S Rao]

Just now, Owlman said:

Might be able to get my hands on a r9 fury x. Would that card work?

Probably should,since it is around the performance of a 580.

[Owlman]

Just now, Gaurav S Rao said:

Probably should,since it is around the performance of a 580.

The store i usually buy electronics from might have 580s back in stock in August. Would the difference in power draw justify a 580 over r9 fury x?

[Gaurav S Rao]

6 minutes ago, Owlman said:

The store i usually buy electronics from might have 580s back in stock in August. Would the difference in power draw justify a 580 over r9 fury x?

Yeah,get it when you can,definatelly,but how many cards are you gonna buy?

 

Get a 580 even though a Fury X is still better,since the thing is,the mining machines (especially the OP ones)suck like so much power that your power bill....

Spoiler

Blows Up,xD

Get a Celeron/Pentium and a bunch of 580's

[Owlman]

58 minutes ago, Gaurav S Rao said:

Yeah,get it when you can,definatelly,but how many cards are you gonna buy?

 

Get a 580 even though a Fury X is still better,since the thing is,the mining machines (especially the OP ones)suck like so much power that your power bill....

  Reveal hidden contents

Blows Up,xD

Get a Celeron/Pentium and a bunch of 580's

I am thinking 1 card for now, but I might change my mind depending on the cost of the rest of the system EDIT: and the fact that I want a new graphics card for my gaming system

[Owlman]

1 hour ago, Gaurav S Rao said:

Yeah,get it when you can,definatelly,but how many cards are you gonna buy?

 

Get a 580 even though a Fury X is still better,since the thing is,the mining machines (especially the OP ones)suck like so much power that your power bill....

  Reveal hidden contents

Blows Up,xD

Get a Celeron/Pentium and a bunch of 580's

would this celeron do? http://www.ebay.com/itm/Intel-Celeron-Dual-Core-G1610-SR10K-CPU-Processor-5-GT-s-2-6-GHz-LGA-1155-Socket-/272545355279?hash=item3f74f8160f:g:OUsAAOSwT6pVvCsX

 

and can you recommend a motherboard?

[Gaurav S Rao]

17 hours ago, Owlman said:

would this celeron do? http://www.ebay.com/itm/Intel-Celeron-Dual-Core-G1610-SR10K-CPU-Processor-5-GT-s-2-6-GHz-LGA-1155-Socket-/272545355279?hash=item3f74f8160f:g:OUsAAOSwT6pVvCsX

 

and can you recommend a motherboard?

I dont recommend a lot often and my recommendation are always known as garbage,but anyway,get a H61 board,etc since they are only $30 for a ASUS H81M