So I've been doing some consideration with what I've been doing with solo mining so far.
I feel I've been overdoing it and spending way too much for something that's meant to be a very inexpensive mining set up.
There was an enclosure I made for my ASIC that was also running as a solo miner and now feel it's overkill. Instead I decided to look in to building a GPU mining rig that can also do CPU mining.
There was a build I saw that I liked and wanted to get others opinions on it.
This rig would be a cheap one, I'm okay with buying used parts, on some things, but some I would buy new.
I would also want a robust setup, that the parts are specifically designed for mining so it won't burn out in less than a year. Then also a rig for someone that is starting out and doesn't want get the top of line gear, or have 10 GPUs running at the same time. Here are the components:
Motherboard - Biostar TB360 BTC Pro 2.0 (USED)
CPU for CPU and GPU mining - Intel Core i7 9700k (USED)
or
CPU for GPU mining only - Intel Celeron G5925 (NEW)
CPU water cooler (NEW)
4GB DDR4 Ram (NEW)
Storage - SSD 60GB (NEW)
PSU - CORSAIR RMe Series RM1200e ATX Power Supply, [80 Plus Gold] (NEW)
GPU - x2 INVIDIA CMP 30 HX
OS - HiveOS on Linux
Some of these components are not the typical GPUs, or motherboard, but specifically for mining, they are also very inexpensive, available used and will/should last longer than conventional components.
Total cost could be around $600-$800.
What would some thoughts be on this setup?
My thoughts I feel I've been overdoing it and spending way too much for something that's meant to be a very inexpensive mining set up.
There was an enclosure I made for my ASIC that was also running as a solo miner and now feel it's overkill. Instead I decided to look in to building a GPU mining rig that can also do CPU mining.
There was a build I saw that I liked and wanted to get others opinions on it.
This rig would be a cheap one, I'm okay with buying used parts, on some things, but some I would buy new.
I would also want a robust setup, that the parts are specifically designed for mining so it won't burn out in less than a year. Then also a rig for someone that is starting out and doesn't want get the top of line gear, or have 10 GPUs running at the same time. Here are the components:
Motherboard - Biostar TB360 BTC Pro 2.0 (USED)
CPU for CPU and GPU mining - Intel Core i7 9700k (USED)
or
CPU for GPU mining only - Intel Celeron G5925 (NEW)
CPU water cooler (NEW)
4GB DDR4 Ram (NEW)
Storage - SSD 60GB (NEW)
PSU - CORSAIR RMe Series RM1200e ATX Power Supply, [80 Plus Gold] (NEW)
GPU - x2 INVIDIA CMP 30 HX
OS - HiveOS on Linux
Some of these components are not the typical GPUs, or motherboard, but specifically for mining, they are also very inexpensive, available used and will/should last longer than conventional components.
Total cost could be around $600-$800.
What would some thoughts be on this setup?
I spend 700 dollars and get equipment that, with 5 cents of electricity cost, gives 30 cents of profit per day.With such a payback of more than 2000 days, I don’t see the point in buying all this.
You need to either look for purchasing options at a cheaper price.
I would not buy the CMP 30HX, because it is very old hardware that cannot be sold later. It’s better to make a mining farm using regular video cards, which you can then sell to gamers.