Hello Bitcoin Talk
I have been trading bitcoin and cryptocurrencies for about 18 months now and I have loved the rides and benefits from crypto. I have now decided that I want to invest in certain coins and spend time learning about mining and mining some coins.
I apologize for my terminology now. In terms of the mining rig, where do I start? I understand that you need X amount of GPU's all connected together and then a computer, raspberry PI or something along the lines to get connected to the pools etc.
What GPU's are best for mining?
How many GPU's would I need to create a high enough Hash rate for a passive income?
How do you find the best pools?
What software is best for mining?
What coin/coins are best for mining now? and how do you work out which coin would be more profitable?
Pretty much everything you guys can help me with would be awesome. I understand that I am asking for a lot but I would love to get involved with the mining world and I can't think of where better to find that answer than here with the pros!
Thanks
I have something like this in mind
I have been trading bitcoin and cryptocurrencies for about 18 months now and I have loved the rides and benefits from crypto. I have now decided that I want to invest in certain coins and spend time learning about mining and mining some coins.
I apologize for my terminology now. In terms of the mining rig, where do I start? I understand that you need X amount of GPU's all connected together and then a computer, raspberry PI or something along the lines to get connected to the pools etc.
What GPU's are best for mining?
How many GPU's would I need to create a high enough Hash rate for a passive income?
How do you find the best pools?
What software is best for mining?
What coin/coins are best for mining now? and how do you work out which coin would be more profitable?
Pretty much everything you guys can help me with would be awesome. I understand that I am asking for a lot but I would love to get involved with the mining world and I can't think of where better to find that answer than here with the pros!
Thanks
I have something like this in mind
The best cards for mining from AMD until now are the RX 570/580 series, they have improved clock speeds over RX470/480 series. However I would suggest you wait until late October ,early November where NVIDIA have promised us the GTX 1070 ti and it will be with same capability as GTX 1080 but with at least 12% cheaper in price. I would build a mining machine only with RX 580 right now or GTX 1070 ti when it comes up.
What you in mind is perfect in the sense that you can just put RX 580 in place of the RX 480 and start your mining operation. Keep in mind though that you need about 1 year or 1 year and a month to ROI.