Time to update.

It's been 3.5 months since I turned this rig on with 3 GPUs at the start. My first impressions weren't that great, at the ambient temperature of 32C I only saw one card's memory junction becoming much cooler, another one dropped just 4-6C and the last one didn't improve at all constantly hitting 104-106C. My first thought was radiators weren't large enough for 3080s, so I found a local company that builds custom copper radiators, had one made at my specs and installed it outside the house. Funny that, this one was significantly cheaper than branded PC one LOL

So my temperatures improved... a little bit. I'd probably keep scratching my head over this, but after adding 4th and 5th card everything became clear. I have 2 Asus TUFs (they're the coolest ones), 2 cards with reference design (RE) PCBs and a FE one, which is the hottest. The difference is in waterblocks quality. I tried to same some cash and bought a Bitspower waterblock for one of my RE cards and a Bykski for the FE. Bad, bad mistake. Other cards had EKWB. As soon as I added another RE card with EKWB waterblock I could clearly see the difference, notice GPU3 and GPU4 on the screenshot. Besides, Bykski has terrible screws supplied with it, very tiny, soft and easily broken.

Lesson learned, 2 more EKWB blocks are ordered, problem solved.
Another thing I figured out there's no need to order backplates to mount with waterblocks, there's no improvement for 3080s. GPU2 is running with EKWB backplate, GPU1 is without it. They are same cards.
My plan is to grow this rig to 7 cards (limited by distribution block connectors). Will I build my next rig watercooled? Not sure yet, I am looking towards A5000 cards now and they're designed for air only. But if I decide to go for non-LHR 3080/3090s again I'd definitely consider water cooling for them.
Watercooled i need only 3 Fans overall.
Wotan are you saying one 3 fan radiator is enough to cool your 4x3080 or 5x1070 rig? From what I see in my setup it's not the case. Also, what brand are your waterblocks?
I don't think this will fix the problem of the memory temps rising. The reason i say this is because your gpu temps are fine. You'll still run into the thermal temps on the memory rising over time as the thermal pads on the memory degrade over time. just make sure you have good thermal pads when you replace them next.
try the thermal pads that came with your blocks... if values are bad for memory, try and find better thermal pads.
you can always source thermal pads from digikey and such.
Actually it did fix the problem and at current temperatures I expect pads to run 1-2 years before they need replacement. Yes I used pars than came with EKWB blocks and they're quite good, I also service/repair my and other's cards sometimes and have a good stock of Thermalright and Laird 90000 pads of various thicknesses.
You can do any cooling, but the most important thing is that this investment will pay off.
How much does such a water cooling kit cost for your mining farm?
Of course, if you design and assemble everything correctly, then such a cooling system will last a very long time, but you have to pay dearly for it.
Agreed, it's expensive. Decent waterblock with proper fittings/tubes will set you back around $300. But on the long run with added reliability it pays back. The rig runs super stable and I don't have to worry about broken fans, dusting radiators, changing pads every half year (and this one IS expensive) and most importantly - lifespan of my cards. Take good care of them and they will last for long, long time.