3000 for mining

[Xandaaa]

I have 3k to spend on mining, what should I do? Should I go the asic route, should I mine ether with Gpus? If so what cards, mobos, cpus... Should I mine at all?

[Enderman]

Put it into a savings account and get a real job?

[Crunchy Dragon]

I personally would get a Celeron and the cheapest memory and board that'll support up to at least 3 GPUs without PCIe risers. You don't want to cheap out on the PSU either, I'd personally go for 80+ Platinum rated unit(Corsair HXi series should be good). CPU mining is a little less efficient than GPU mining which is one of the reasons that people switched from using the CPU to mine.

 

As far as hardware itself goes, I'd get 2-3 RX 560s(make sure they're not the weakened ones), or 1060 6GBs. I believe you only need a drive big enough to store your operating system, so maybe a 120Gb SSD even would be fine. Depending on what currency you're going to be mining, either Linux or Windows will work. I know you can set up Ethereum mining on Linux, you'll just have to go through quite a bit to get it all fully set up. (There's a topic on this forum about it in the F@H and Mining section).

 

Although I do agree with @Enderman it would be a little more effective to put this money in a savings account(especially one that generates compound interest), but it's up to you!

[Xandaaa]

12 minutes ago, Crunchy Dragon said:

I personally would get a Celeron and the cheapest memory and board that'll support up to at least 3 GPUs without PCIe risers. You don't want to cheap out on the PSU either, I'd personally go for 80+ Platinum rated unit(Corsair HXi series should be good). CPU mining is a little less efficient than GPU mining which is one of the reasons that people switched from using the CPU to mine.

 

As far as hardware itself goes, I'd get 2-3 RX 560s(make sure they're not the weakened ones), or 1060 6GBs. I believe you only need a drive big enough to store your operating system, so maybe a 120Gb SSD even would be fine. Depending on what currency you're going to be mining, either Linux or Windows will work. I know you can set up Ethereum mining on Linux, you'll just have to go through quite a bit to get it all fully set up. (There's a topic on this forum about it in the F@H and Mining section).

 

Although I do agree with @Enderman it would be a little more effective to put this money in a savings account(especially one that generates compound interest), but it's up to you!

I like the idea, thanks for your input!

[Mick Naughty]

Depends on what you want to mine. Voskcoin on YouTube does some great builds. Did a 12x1060 rig which is what I'd prefer, especially for eth. Helping a friend set up two rigs with 6-8 cards each as he wants to keep windows for ease I guess. Doing 1080ti's though. 

 

With 3k you could do 12 1060's and easily make that back it 6 months with eth. 

 

Just need to look at what you are doing to mine and buy the cards based on that if you chose gpu's. Top two things actually, if you dual mine. 

[8uhbbhu8]

Just make sure that what ever cpu you are getting it has enough to allocate at most 1 thread per 2 gpus as that will help with performance

[Fogi]

ASRock H110 Pro BTC+, a compatible CPU, a veryyy good power supply like gold, platinum or titanium certified(you can check your power draw here), 4GB RAM, and an SSD because HDD will just slow your PC and production. If you can get a RX580 4GB(more memory doesn't makeany sense) at a normal price, like in range from $250~$300, buy as many as you can. Pun a custom bios from github and you if you've done it without any trouble you will get about 27~29MH/s on ethereum, which is very good for a card. Also keep it at lower then 70 degrees celsius, this way your card/cards will live a long life. Better look on the internet how to optimize your card for mining. Alternatively rx580 you can get RX 570, 1050ti, 1060(6GB 3GB performs worse). I've got a 1050ti, overclocked the memory till 4500, fans on 60%, 46 degrees celsius and I get about 14~15MH/s on ethereum and I've mined already $7 in about 10 days or so.

 

But! read as much as you find about mining, about everything and find out if it suits your self or not, cause it's much more complicated than just building a mining rig.

[Froody129]

You'll do better putting the money in a savings account instead of going through the hassle of setting this up, while also making it impossible for gamers to buy the GPUs...