Mining Ethereum

[LeoReacher]

Hello guys! I want to buy a mining rig for ethereum but I don't know what GPUs to get.

I have to chose between these:

12x1050ti

6x1060

4x1070

3x1070ti

They are all priced fairly average, with the 12x1050ti coming the cheapest.

[GalacticRuler]

The 1070 is the go-to mining card these days.

[LeoReacher]

But I have seen that there is about 1000 dollars more profit if I go with the 1050ti....

[GalacticRuler]

Just now, LeoReacher said:

But I have seen that there is about 1000 dollars more profit if I go with the 1050ti....

You need to consider electricity costs too though. Gaming is price to performance. Mining is price to performance to power draw. You want a card with good performance AND a low power draw, which the 1070 will get you.

[knightslugger]

1 minute ago, LeoReacher said:

But I have seen that there is about 1000 dollars more profit if I go with the 1050ti....

profit varies with the value of the coin, so don't get worked up over that.

 

Care more about hashing speed and the power required to get that speed.

[LeoReacher]

Hashing speed on the 1050ti is 12 and on the 1070 is 26 meaning 1050ti will give more

[LeoReacher]

Yes they are better, but they also consume a lot more

[knightslugger]

7 minutes ago, LeoReacher said:

Hashing speed on the 1050ti is 12 and on the 1070 is 26 meaning 1050ti will give more

so 135 MH/s for 6x1060 @ 540W (4 W / MH)

or

166 MH/s for 12x1050ti @ 840W (5 W / MH)

or

120 MH/s for 4x1070 @ 480W (4 W / MH)

 

same price... seems like the 1050ti's are NOT the efficient way to go here...

[LeoReacher]

https://i.imgur.com/uHg7keP.png 1050ti

https://i.imgur.com/Pmq3zix.png 1070

https://i.imgur.com/E0PxN5D.png 1060

But how reliable and truthful is this? I'm no expert in mining so dont judge pls

 

 

[knightslugger]

30 minutes ago, LeoReacher said:

https://i.imgur.com/uHg7keP.png 1050ti

https://i.imgur.com/Pmq3zix.png 1070

https://i.imgur.com/E0PxN5D.png 1060

But how reliable and truthful is this? I'm no expert in mining so dont judge pls

 

 

dude, will you forget profitability here for a second? If you're only after one specific coin to support their network, you're going to get whatever you get. If you're looking to max profits, you need to stop thinking about which card will pull the most profit, and start thinking about which cards are the most efficient.

 

At the moment, like we were trying to hammer into you last night, the 1070ti's are the most efficient cards for mining today. It leaves you room to grow (a 12x1050ti rig doesn't leave much for expansion on a board) and simplicity in management.

[Ahmedimg]

32 minutes ago, knightslugger said:

dude, will you forget profitability here for a second? If you're only after one specific coin to support their network, you're going to get whatever you get. If you're looking to max profits, you need to stop thinking about which card will pull the most profit, and start thinking about which cards are the most efficient.

 

At the moment, like we were trying to hammer into you last night, the 1070ti's are the most efficient cards for mining today. It leaves you room to grow (a 12x1050ti rig doesn't leave much for expansion on a board) and simplicity in management.

what about 1080ti card? do you recommend it

[Daniel644]

3 minutes ago, Ahmedimg said:

what about 1080ti card? do you recommend it

only if you already own the card, not worth buying just for mining, 2 1070's is cheaper with a higher hashrate to wattage

[knightslugger]

11 minutes ago, Ahmedimg said:

what about 1080ti card? do you recommend it

only if you're looking for absolute performance over efficiency. otherwise no. The best i got with the 1080ti on equihash was ~3.5 Sols/W compared to my 1070's which are getting nearly 3.8 Sols/W. 1070's pull about 120W each (average 450Sols/S), the 1080 pulls 200W (average 700 Sols/S).

 

considering the 1080ti is an $800 card and pulls 700Sols/s and the 1070ti is a $450 card, pulls about 500 Sols/s you get an extra 300 sols/s for $100 more. granted density is higher with 1080ti's, but most folks don't have that kind of cash laying around to build a 2000W 7Ksol/s rig.

[GalacticRuler]

22 minutes ago, Ahmedimg said:

what about 1080ti card? do you recommend it

Only if you get power for free.

[Ahmedimg]

 

5 minutes ago, Daniel644 said:

only if you already own the card, not worth buying just for mining, 2 1070's is cheaper with a higher hashrate to wattage

Wouldn't it be more efficient to use 1080ti in a 6 PCI-E slots MB, than buying 2 MB's for 1070?

5 minutes ago, knightslugger said:

only if you're looking for absolute performance over efficiency. otherwise no. The best i got with the 1080ti on equihash was ~3.5 Sols/W compared to my 1070's which are getting nearly 3.8 Sols/W. 1070's pull about 120W each (average 450Sols/S), the 1080 pulls 200W (average 700 Sols/S).

do you mean by efficiency the power consumption? btw it's 0.07 $/kWh at my country
If not 1080ti, what about the 1070ti?

sorry I'm new to mining

[knightslugger]

Just now, Ahmedimg said:

 

Wouldn't it be more efficient to use 1080ti in a 6 PCI-E slots MB, than buying 2 MB's for 1070?

do you mean by efficiency the power consumption? btw it's 0.07 $/kWh at my country
If not 1080ti, what about the 1070ti?

sorry I'm new to mining

i meant exactly what i said.

 

power vs. hash rate = efficiency.

[Ahmedimg]

5 minutes ago, knightslugger said:

i meant exactly what i said.

 

power vs. hash rate = efficiency.

go it
what manufacturer do you recommend for 1070ti? and MB, I have a budget of 3000$ for the whole rig

[knightslugger]

Just now, Ahmedimg said:

go it
what manufacturer do you recommend for 1070ti? and MB, I have a budget of 3000$ for it

If you have questions regarding your own situation, please make a new thread about it. Hijacking someone else's thread is poor form.

[LeoReacher]

nahanot 1/4 the price, i live in the ul... its like 16cents kwh

[LeoReacher]

nah the other guy did

[Energycore]

On 12/22/2017 at 10:09 AM, LeoReacher said:

Yes they are better, but they also consume a lot more

My 105W 28MH/s RX 480 Gaming X would like to differ.

 

You can undervolt the shit out of Polaris and keep the same hashrate as stock clocks.

[knightslugger]

7 hours ago, Energycore said:

My 105W 28MH/s RX 480 Gaming X would like to differ.

 

You can undervolt the shit out of Polaris and keep the same hashrate as stock clocks.

qualifier: for certain algorithms.

[Energycore]

2 hours ago, knightslugger said:

qualifier: for certain algorithms.

Oh yeah, only certain currencies will allow you to do this, but the beauty of it is that you get to choose what to mine and thankfully Ether is pretty big right now, big enough that it's what you want to be mining.

[knightslugger]

15 minutes ago, Energycore said:

Oh yeah, only certain currencies will allow you to do this, but the beauty of it is that you get to choose what to mine and thankfully Ether is pretty big right now, big enough that it's what you want to be mining.

I donno, 2.60/day isn't exactly making out like a bandit... I mean Zclassic is pulling a full dollar more per day with the RX480 at 290Sol/s (granted that's 2.41sol/w, which is atrociously inefficient) than Etherium, and that's Equihash algo not Ethash. I think at that point, you're hedging heavily on an appreciation of value over time...

[Dark]

1070 will have a better resale when the time comes to sell the cards.  I've been finding 'refurbished' 1070 FE's for $329 at Microcenter (when in stock).

It will also be easier to add additional cards (considering you start with a supported board) if you start with 4x 1070's.