Post
Topic
Board Mining (Altcoins)
Re: first time building a rig
by
Phantoms001
on 08/10/2017, 07:13:55 UTC
Well right now profit have dropped and are still dropping, you would be lucky to make £8 per day with that setup if not paying for electricity, so would look at over a year to make the money that the setup has cost you back again. You might be better to just invest the money in some coins.

I have 6x 470 setup you could have for £2k 🤣

lol

This is a horrible time to build a "first" rig.  I think this is why GPUs are finally back in stock.  People are building that "first" rig and quickly realize that their 2,ooo.oo rig is only making 10.00 a day and that is quickly falling.  While I don't overclock my 1070, I think with an oc Mike is about right.   With 6 1070s you are going to be near 8.00-9.00 a day.   That is a lot of days till you break even when you subtract electricity. 

Here across the pond we have things like Craigslist and Facebook Marketplace where there is a market for used computer parts.  If I was starting today, I would start with all used gear and get in as cheap as possible.  On most newer boards you can run 4 cards. 

You may want to investigate into used gear which will help you learn with less of an investment and a higher possibility of breaking even so you can start making money.