Post
Topic
Board Mining (Altcoins)
Re: Don't focus on GPU panic. Focus on efficiency.
by
umine
on 04/10/2017, 10:28:14 UTC
+1 for the PSU part of the topic above. I couldn't agree more. However, I would like to add following: You system is only as good as weakest link in it. Now when it comes to mining rig you could think that is not so important but better to be safe then sorry.

I was fortunate to bump into my rig one night while passing trough basement. One line from power cable on one of the PCIE risers has apparently disconnected itself from connector and found itself next to metal (I think aluminum) frame of my rig. When I bumped it in the night there was sparks everywhere. After closer inspection I wound the wire and it already burned trough few milometers of aluminum. The rig was working normally and I was not aware of any problems and it could have burned everything down Smiley

Metal is only one material for rig case. Remember PC cases made of steel or aluminium

It should be added Do use ONLY flame-proof materials for your rig to:

If you are new to GPU mining here is my advice to you.

Do not pay high prices for GPUs with the promise of great returns.
Do figure out how to stack discounts when buying online.
Do not buy anything on ebay unless it is truly a great deal.
Do consider buying a good PSU.
Do buy hardware when people panic sell.
Do not fear buying used, but always buy newer models from companies where warranty transfers such as Evga.
Do your research on the best models to purchase.
Do not sell your coins after the panic. Sell during the rush.
Do optimize your miners. This will pay off in the long run.
Do expect a long ROI at around 150 days minimum. This is not a get rich quick scheme unless you were mining in May/ June. Be willing to learn how to trade coins to maximize profit.
Zcash is your friend.

For science I purchased a bunch of GPUs in June to add to my existing arsenal. These rigs are 75%+ paid off already. If I can do it, so can you. Any questions feel free to ask.

If you don't do this the following could happen:

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