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Build Ethereum Mining Rig 2017

How To Build An Ethereum Mining Rig [6 Gpu Guide]

How To Build An Ethereum Mining Rig [6 Gpu Guide]

How to Build an Ethereum Mining Rig [6 GPU Guide] So you just found out about Ethereum mining and looking to build your first Ethereummining rig. This guide will walk you through choosing GPUs and what software to run for mining. Building an Ethereum mining rig is a long term investment. Things like power consumption, GPU and price of Ethereum will all affect your bottom line in Ether mining. We recommend checking out an Ethereum mining calculator before starting. At a minimum you should have at least 6 GPUs and mine using a pool such as ethermine . Youll want to part of a mining pool since itll be the best use of your resources. GPUs work perfectly for mining cryptocurrencies so most of the parts in your rig wont matter as much as the GPUs. Here is what youll need to build an Ethereum mining rig: Since this mining rig will be running for years you dont want to cut corners on your power supply. For powering 6 GPUs its important to buy a 1200W power supply with Platinum connectors. Using anything lower than a Platinum connector will cause a loss of energy during use which will ultimately factor into your bottom line. If youre planning on using less than 6 GPUs you can go with a less powerful power supply. The most important part of a mining rig is the video cards. Currently the most effective cards are the GeForce 1070 and AMD RX 470/480/570/580. One of the newest and most powerful GPUs for mining is the AMD Vega 64 8GB which can reach 46MH/s. Due to the massive demand for Ethereum mining rigs youll see cards sold out at most retailers. If youre willing to pay a premium you can find them at a higher cost but we recommend finding the cards for their retail price. The GeForce 1070 is easier to find from our research. There are also stock checkers you can use to determine Continue reading >>

Experiment: Build A (profitable) Ethereum Mining Rig From Spare Parts

Experiment: Build A (profitable) Ethereum Mining Rig From Spare Parts

Experiment: Build a (Profitable) Ethereum Mining Rig From Spare Parts Page 1:Experiment: Build A (Profitable) Ethereum Mining Rig From Spare Parts Page 2:Choosing The Right Digital Wallet Before Building A Crypto-Mining PC Page 3:Building A Crypto-Mining PC: The Components You Can & Cant Skimp On Page 4:Mining For Crypto Currency: Why Power Draw Is As Important As Hash Rate Page 5:Crypto-Mining PC Build: Using An Old Rabbit Cage For An Open-Air Chassis Page 6:A Profitable Ethereum-Mining Rig Depends On Your Electricity Costs Page 6:A Profitable Ethereum-Mining Rig Depends On Your Electricity Costs Ethereums mining difficulty is on the rise, and the crypto-currency's value seems to be on the decline thanks to so much mainstream attention. That's probably good news for gamers and general PC enthusiasts, but we also wondered if it's too late to get into crypto mining if youre just trying to make a few extra bucks. We recently explored the idea of building a mining rig at no cost, simply using older parts we had lying on the shelf. My colleague, Eric Vander Linden, cobbled together a competent mining rig with zero upfront costs . The free miner includes two R9 290X GPUs, which net roughly 57 MH/s. At the current difficulty rate, that rig should bring in a little more than half an Ether per month, which would be profitable as long as the price of Ethereum doesnt dip below $100. I also built a mining rig out of older components. Unlike Eric, I wasnt worried about keeping the budget strictly at zero. I prioritized building the most powerful mining rig I could without buying specialty components. I was also interested in building an efficient miner to maximize profits. Still, I set my sights on something somewhat more exotic. Serious mining rigs often feature a half dozen grap Continue reading >>

Build Your Own Ethereummining Rig, Part 1: Hardware

Build Your Own Ethereummining Rig, Part 1: Hardware

April 06, 2017 CryptoBadger 286 Comments My open-frame GPU testbed, mining Ethereum on a couple Radeon RX 470 video cards. Its finally time for an update to my popular 2013 Litecoin mining guide ! Itsfour years later, and Ethereum mining is where its at for GPU miners, so thats what Ive focused on.Ive kept the same format and detail levelas my old guide, so if you were around back then, youll know what to expect. If youre new to the world of crytocurrency mining, this guide should give even an absolute beginner all of the knowledge neededto put together an efficient Ethereum (or other GPU-minable altcoin) mining rig using readily-available consumer hardware. This guide will be broken into several parts, each focusing on a different aspect of building your first mining rig. First, lets take a look at what youll need in terms of hardware to put a respectable Ethereum miner together. Build your own EthereumMining Rig, part 1: Hardware Here is the list of hardware that I recommend. Dont worry if youre not able to get exactly whats on this list, I provide some excellent alternatives below the table. 1 x build your own (see bottom) -or- open frame case Some explanations and alternatives for each item: Generally, any motherboard with PCIe slots on it is suitable for miningtypically one GPU per PCIe slot. The PCIe slots dont need to be full-length, as we can attach GPUs to 1x slots with the help of risers.With that said, there arepotentially some limitations when you start to pack a large number (4+) of GPUs onto one motherboard, even if that board has enough PCIe slots to physically accommodate them. Thats why picking a suitable motherboard is probably your biggest hardware headache if you want to run as many GPUs as possible in your rig. My top choice is currently the Asus B Continue reading >>

Building An Ethereum Mining Rig

Building An Ethereum Mining Rig

I recently took my interest in cryptocurrencies to the next level by building my first ever Ethereum mining rig. It was an exceptionally rewarding and fun experience that Id like to share. To those thinking of taking the plunge themselves, scroll down to the Things to keep in mind section for helpful tipsonavoiding the time consuming mistakes I did. Ethereum is currently gaining an immense amount of interest for its contributions to the cryptocurrency / decentralization community. Theres many reasons to be excited for the future of Ethereum as-well as its comingapplications. Suffice it to say,I couldnt keep my interest bottle in any longer and decided to get involved. Ethereum will eventually be moving to a proof of stake1 confirmation system. No one knows for sure when this switch will happen yet. Some speculate as early as this fall while others think early next year tobemore likely. Essentiallythis meansthe community will be moving completely away from what weve known as traditional mining. Like ASICs,This will reduce all of our mining rigs to the status of uselessat least for Ethereum.Therefore if youre thinking of getting into mining Id recommenddoingit quickly as your chances of making money are running out. Im currently spending about $150 / month in electricity$100 of that is the cost of the mining rig itself. You probably pay a different rate per kilowatt hour, but its important to do the math yourself to see how much overhead youll incur overtime. Remember to assume that youll be keeping it running 24 hours. In total I spent about $2800 dollars including building materials for the case. As of this writing, Ive made back $1,084 or 38% of the total cost of investment. At this rate Im expecting to ROI sometime in September. I wanted my rig to be as future-proof Continue reading >>

6 Gpu Ethereum Mining Rig Build 2017

6 Gpu Ethereum Mining Rig Build 2017

You are here: Home / Mining / 6 GPU Ethereum Mining Rig Build 2017 So, you want to start mining Ethereum right? But you dont know how to build Ethereum mining rig? Today we are going to use the best Ethereum mining hardware to assemble our mining rig. As we are going to build 6 GPU mining rig we will use 6 Graphics Cards. As more and more graphics card going out of stock we have to take care that we buy the correct graphics card. We dont want to end up mining Ethereum at very low hashrates. As many people have started mining cryptocurrencies Ethereum is one of the most popular for mining. But, why are people investing so much in mining Ethereum? The thing is Ethereum is the cryptocurrency which is ASIC resistant; i.e you cannot mine it with any ASIC you will have to mine it with graphics cards. I have also inserted Amazon links as it may help you buy them. If you are really not into mining then you can have a look into Cryptocurrency Investment. This is often asked question right Which are the best graphics cards for mining Ethereum? But here is a question which graphics cards should I use? Well, till today I have used Nvidia GTX 1070 Why??? Because of 2 reasons They also produce good hashrate of 31 MH/s by a single card. Even though you can easily resell these cards in future at a great price. You can clearly see that GTX 1070 stands out in MH/s. I have been using GTX 1070 till date without any problem. One GTX 1070 consumes 150W of power. So, GTX 1070 is best ethereum mining card we are going to use in this mining build. As we are assembling 6 GPU ETH mining rig you will need 6 of them. If you are low on budget you can always start with 4 of them and periodically increase them. GTX 1070 uses 150W of power which is also great. Each Graphics Cards will output 32 Mh/s. Continue reading >>

How To Build An Ethereum Mining Rig

How To Build An Ethereum Mining Rig

This guide is going to show you how to build an Ethereum Mining rig yourself which has two main steps - choosing and sourcing your equipment and then putting it together! Depending on times its probably going to take you a week or so to get all the pieces and then another half a day fiddling with configurations etc. Its the same as building your own computer normally but with a few extra considerations that mainly involve which GPU's you pick. If you don't want to buy mining equipment,You can also try buying a cloud mining contract with Hashflare or Genesis Mining . Your going to have to get hold of a fair few components and the costs stack up quite quickly: 1)A MotherBoard - A motherboard is the brain of the computer and is what you build everything onto - the base of your mining rig. The main feature you are looking for in a motherboard is the number of GPU slots it has as this will determine how many graphics cards or GPU's it can fit - and in the end your total hashing power. 3 PCI Express slots will mean you can fit 3 x Radeon HD 7950 with a hashrate of 20 MH/s each - or a total hashing power of 60 MH/s. A PCI Express slot is a connection port on the motherboard and looks like the picture below - they are often coloured white but can be beige - you can get other types of slots but most GPU's work on a PCI express. We used the GA-Z97X-Gaming 3 which you can get here ! 2)Graphics Card - Pick your GPUs! Some graphics cards cost a fortune but don't hash much whilst some are more reasonable but use more power. Ultimately its a balance between how powerful you want your rig to be and how much you want to spend - but a word to the wise - make sure you pick an efficient GPU. You can buy second hand GPU's from reputable providers such as GPU Shack - be careful though when Continue reading >>

6 Gpu Ethereum Mining Rig Build Guide

6 Gpu Ethereum Mining Rig Build Guide

Building a 6 GPU Ethereum mining rig is a fun project and a great source of passive income. Since 2013, I have generated thousands of dollars mining Ethereum and other cryptocurrencies usingGPU mining rigs. Ive created this guide to help you find and assemble the best Ethereummining hardware currently available, andbuild your very own DIY Ethereum mining rig. Assembly time is about 3 hours. 6 GPU Ethereum Mining Rig Hardware Build List Listed below are the components along with the amount you will need to assemble your GPU mining rig. Once your components arrive, you will want to come back to this guide for assembly and configuration instructions. Ive included a YouTube video further down the page with complete assembly instructions as well. 1x Power Supply 1000 Watt Platinum Rated PSU The key here is to have an efficient power supply that will save you over the long run in electricity costs. Look for Gold or Platinum rated (as opposed to silver or bronze). This is the industry standard for rating the efficiency of a computers power supply unit (PSU). 1x Motherboard/CPU Combination What is the best motherboard for mining Ethereum? Ive listed below my favorite motherboard and processor combo that is compatible with 6 video cards. This is the ethereum mining motherboard that is used in large scale mining deployments. If the pros use it, you know its good. 6x Graphics Cards Nvidia GTX 1070 The very efficient Nvidia GTX 1070 can produce a hash rate of 30Mh/s using only 100 watts of electricity and is the best GPU for mining in 2017 . It is much more power efficient than most of the AMD cards available on the market. My favorite model of this GPU is the Gigabyte GeForce GTX 1070Windforce OC (model #GV-N1070WF2OC-8GD). It has a twin fan design and seems to run cooler than mo Continue reading >>

How To Build An Ethereum Mining Rig

How To Build An Ethereum Mining Rig

Helping people mine cryptocurrency since 2017 This guide is to help people with little to no experience build an Ethereum mining rig. Ive personally built several rigs, and the most frustrating part was figuring outwhat were the best parts to purchase. My goal for this post is to give you the most up to date, highest quality information regarding the equipment needed to create your first mining rig. Also, I really encourage you guys to ask me questions if you need any help. This is an exciting time for cryptocurrency and Im really passionate about getting people onboard! Disclaimer: The amount of money that this rig will generate is based on the price of cryptocurrency and the mining difficulty which is continually rising. Ethereum is eventually going to enable a new system called Proof of Stake that will make mining less profitable. This setup will still be able to mine other profitable coins.This guide is intended to help people, but this setup might not be best for people with high electricity costs, or people who are looking for a quick return on investment. Just like any investment, building a mining rig can be risky, and you are not guaranteed to make all of your money back. Please dont invest any money that you arent willing to lose. The mining equipment is going to consist of a variety of computer parts.Just like a normal computer, you are going to need a motherboard, cpu, ram, power supply, and most importantly video cards. Video cards, also known as GPUs, are the key component to mining. We are going to use the power of the GPUs to solve the algorithmns that the cryptocurrencies are using to process transactions. Essentially, you are going to have to choose between two different types of GPUs. That would be AMD and NVIDIA. Both of them have their advantages a Continue reading >>

Building A Mining Rig For 2018 (up To 8 Gpus)

Building A Mining Rig For 2018 (up To 8 Gpus)

Building a mining rig for 2018 (up to 8 GPUs) In this blog post we are going to share our experience on building a mining rig.Of course mining bitcoin with GPU is dead after the asic chips appeared on the market, but there are other crypto currencies that you can mine.In the last months (or years if you mined litecoin in 2013) GPU mining is on the rise, since eth, zcash and many others uses GPU. We will show you a common setup for mining eth or zcash.To improve the performance of your rig, you will need to changed the gpu core/mem settings. Also we are going to use Nvidia cards, for AMD check this blog post .Currently we thing that Nvidia is better for mining (December 2017) and due to memory constraint of the DAG we prefer Nvidia memory capacity. We will show you a tipical mining rig with 6 GPUs, but the motherboard support up to 8 GPUs!.For building this rig we are going to buy the following hardware: Shelving: Sandusky WS241430 Wire Shelving, 24" Width x 30" Height x 14" Depth, 3 Shelves, Chrome If you can afford a better power supply we recommend an evga platinum: EVGA SuperNOVA 1000 P2 80+ PLATINUM, 1000W ECO Mode Fully Modular NVIDIA SLI and Crossfire Ready 10 Year Warranty Power Supply 220-P2-1000-XR We choose GTX1060 due to lower power usage than 1070. GTX1070 could cost 50% more, but the mining hashrate could be 20% more. GTX 1060: 21-23MH/s (25Mh/s with custom settings) GTX 1070: 26-27MH/s (31MH/s with custom settings) Steps to configure Asus z270 prime to use 8 GPUs First download or update to the latest BIOS. In Platform Misc Configuration everythign needs to be disabled. Go to System Agent Confguraton -> DMI/OPI Configuration. Go back -> PEG Port Configuration. Set all to Gen2 and PCIe Spread to Auto (Last setting). Go Back to Advanced -> PCH Configuration Continue reading >>

Building A 12 Gpu Ethereum Mining Rig From Scratch - Part 1: Ordering Details

Building A 12 Gpu Ethereum Mining Rig From Scratch - Part 1: Ordering Details

Building a 12 GPU Ethereum Mining Rig From Scratch - Part 1: Ordering Details Share on Facebook Share Share on Twitter Tweet Share Share I love testing ideas and even more than just testing new ideas I love testing them using Minimum viable product approach. I've been in a crypto craze for a while already - started with buy and hold, added little speculative trades, tried anICOand now even considering to start mining.Totally insane? Well, I can only agree! In fact, that doesn't even sound like me - you see, I like buying and holding, I even enjoy doing a few swing trades once in a while, but to run a mining rig? Totally not me. It sounds like a lot ofhassle to me. But still - starting a mining - is the latest crazy idea I've been thinking lately. And here you go, just ordered some goodies from Amazon. Inspiration for ordering these goodies comes from these two great articles(make sure to read them out) As of writting this - Mining metrics are calculated based on a network hash rate of113,391 GH/sand using a ETH - USD exchange rate of1 ETH = $ 421.43. These figures vary based on the total network hash rate and on the ETH to USD conversion rate. Block reward is fixed at3 ETHand future block reward reductions are not taken into account. The average block time used in the calculation is15seconds. The electricity price used in generating these metrics is$ 0.06per kWh. It would ask me about 22 months just to get my investment back on this mining rig if I would decide to stick with just one GPU. As I'm planning to add at least one more new GPU to the rig per month I can see that with more GPU's connected mining ethereumseems really tempting. Getting back an investment in just 8 and a half months (with 12 GPU) to me sounds like a 50% profit in a year. Now, I'm still learning t Continue reading >>

How To Build And Run A 6 Gpu Mining Rig For Zcash Or Ethereum With Nvidia Gtx 1070

How To Build And Run A 6 Gpu Mining Rig For Zcash Or Ethereum With Nvidia Gtx 1070

GPU pricing got a little crazy this year for a few months, and I took a break from building new GPU mining rigs because they were too expensive. I believe AMD GPUs are still a little overpriced and hard to buy, so I decided to build six Nvidia GPU based mining rigs. AMD RX 480 and 580 GPUs work really well on Ethash mining algorithms, and do a decent job on Equihash. Nvidia GPUs are the opposite they do better on Equihash and are decent with Ethereum. If you watch my latest youtube video,CryptoCurrency Mining Strategies and What I am Mining Sept 2017 (below), you will see that I advocate mining with many different types of miners, and mining many different types of cryptocurrencies, all at the same time. For example, in the past few months I have mined BTC, DGB, BCH, ETC, EXP, ETH, UBQ, ZEN, ZEC, LTC, MUE, DASH, and others. I also run masternodes and stake different cryptocurrencies to participate in other crypto generating activities. Although the leaders in the cryptocurrency mining space are BTC, ETH, LTC, DASH, ZEC, and XMR, there are benefits to mining lesser known cryptocurrencies, if you are able to hold them for a while. The smaller cryptos are volatile, and as long as they have a good team developing and improving them, they will go up in price over time. By holding then converting a portion of your mined cryptos to Bitcoin or Ethereum when the price doubles, you improve your mining profitability substantially. And as long as the cryptocurrency has good prospects, if you hold it for a long time it might go up in value 5x, 10x, or even 100x. This has happened in the past, and will happen in the future. Anyway, to make a long story short, Nvidia GTX 1060, 1070, and 1080 GPUs are good for mining ZEC and ZEN, and since I believe both project have good long-term pr Continue reading >>

An Idiots Guide To Building An Ethereum Mining Rig

An Idiots Guide To Building An Ethereum Mining Rig

An Idiots Guide to Building an Ethereum Mining Rig In March, the price of an Ether cryptocurrency token rose to an all-time high of around $25. This was good news for investors in Ethereumthe blockchain-based distributed computing platform that uses Ether as its currencywho had watched the cryptocurrency's price stagnate at under $10 since its launch in July 2015. But it also had another profound effect on shaping the network: For the first time ever, it was truly profitable to mine Ether. I had been entertaining the idea of building an Ethereum mining rig for months and the price surge in May made it seem like as good a time as any to begin the process. So I sold some of my Ether, bought some computer hardware, and set to work learning about building PCs and the art of Linux. But before I dive into the unnecessarily painful process of setting up an Ethereum mining rig as a complete n00b, let's brush up on some Ethereum basics. Mining is the term used to describe the process of extracting cryptocurrency tokens from a blockchain network. In the case of Ethereum, this involves having computers continuously run a hashing algorithm, which takes an arbitrarily large amount of information and condenses it to a string of letters and numbers of a fixed length. The hashing algorithm used by Ethereum called ethashhashes metadata from the most recent block using something called a nonce: a binary number that produces a unique hash value. For each new block in the blockchain, the network sets a target hash value and all the miners on the network try to guess the nonce that will result in that value. Due to the way cryptographic hashing works, trying to guess the nonce that will result in the target value is practically impossible. This means that the only way of finding the correc Continue reading >>

Build An Ethereum Mining Rig

Build An Ethereum Mining Rig

Radeon R9 290x 28 MH/s using 280 watts As I mentioned above, you can choose to build your mining rig with a nice custom built case or you can save money and use a plastic storage crate or milk crate . Both work equally as well except one wont look nearly as good. But if you want something cool and professional looking, you can buy mining cases such as this one . The standard power supply in a desktop computer can be anywhere from 300W-500W. But when your mining and you are powering up to 6/7 GPUs, you want to make sure you have enough power. 1200W+ is what youre looking for and you want to make sure that it is Gold or better certified for efficiency. Also, modular power supplies allow you toconfigure your cables individually which helps greatly when building out your rig. Single 4GB DDR3 1600Mhz RAM is all you need. Nothing more. In order to mount the GPUs within the crate or case, youll need riser PCI cables to extend the PCI-e connection from the motherboard. Get as many PCI Express 1X to 16X Powered RiserCables as you can to match up with the number of GPUs you have. There are many different variants, like this one or this or this . Get a basic 60GB SSD or 120GB SSD drive for installing the OS and running your mining software. Youll need a basic Monitor and Mouse/ Keyboard combo to configure all the software and mining settings. Also, dont forget about a Kill A Watt usage monitor. Youll need at least one box fan per rig to make sure the GPUs do not overheat. If youre into Linux, Eth OS is a 64-bit Linux OS that mines Ethereum, Zcash, Monero, and other GPU-minable coins. If youre a windows guy, here is Windows 10 . If youre going to be using Windows, youll need mining software. Take a look at this Ethereum Mining on a Windows PC guide. Build an Ethereum Mining RigSte Continue reading >>

Affordable 12 Gpu Mining Rig: Monero, Vertcoin, Bitcoin Gold & Ethereum

Affordable 12 Gpu Mining Rig: Monero, Vertcoin, Bitcoin Gold & Ethereum

Affordable 12 GPU Mining Rig: Monero, Vertcoin, Bitcoin Gold & Ethereum When most people think of mining rigs they think expensive and top of the line video cards. Not all of us can jump right in and start buying the latest and greatest video card, especially in a situation where you want to use 12 of them. After a couple of weeks of research the following is what I decided to go with based on price, power consumption and hash rate to build my 12 GPU mining rig. I also took into consideration potential resale value and being able to mine many other cryptocurrencies. The primary goal of this mining rig is to mine Monero and Aeon but this rig can be used to mine any cryptocurrency that performs well on Nvidia cards. Disclaimer: All product links go to Amazon and contain my affiliate code. You may be able to find better deals by doing price research but at the end of this article you will be given a Amazon Shopping List that will allow you to easily purchase each part all in one order. Note: This article does not go into the Operating System used but each rig will be powered by either SimpleMining OS or Linux. Windows has an 8 GPU Limit for video cards from the same manufacturer. SimpleMining OS and Linux do not have this issue. SimpleMining OS and Ubuntu guides coming soon. Motherboard: Asrock H110 Pro BTC+ or ASUS B250 Mining Expert This is the brains of your whole operation. I recommend going with a motherboard that allows expansion. You could save a few bucks on a 6 GPU motherboard but then if you decide you want to expand you have to put together a whole separate new rig. These two motherboards are LGA 1151 and support 13 and 19 GPUs respectively. The ASUS B250 also has a very useful feature that helps you detect bad riser cards. Processor: Intel Celeron G3900 or Int Continue reading >>

How To Build An Energy-efficient Ethereum Mining Rig

How To Build An Energy-efficient Ethereum Mining Rig

How to Build an Energy-Efficient Ethereum Mining Rig Energy-efficient What You Need For An Energy-Efficient Gaming PC What You Need For An Energy-Efficient Gaming PC Gaming computers are some of the most powerful consumer PCs on the market. Though beefy dual-processor workstations exist, theyre for work rather than play. People who buy a powerful computer for personal use usually do... Read More cryptocurrency mining saves you money, saves the planet, and can make you money. The trick is to maximize your hash rate per watt or reduce your systems overall energy footprint. Here are the components and configuration settings needed to maximize your computers energy efficiency for mining the cryptocurrency Ethereum . There are two approaches to reducing power costs when mining Ethereum (or any cryptocurrency): You can reduce the total wattage consumption of the system. You can maximize the amount of cryptocurrency mined relative to its power consumption. Both design styles end up looking very similar to one another. Thats becausecryptocurrency mining focuses on two parts: the graphics card and the power supply. The rest of the computer can be little more than scrap heap pulls. Let us begin with the most important component: the Graphics Processing Unit What Is the Difference Between An APU, A CPU And A GPU? What Is the Difference Between An APU, A CPU And A GPU? Over the last five or more years, there have been a number of different terms swirling around to describe computer hardware. Some of those terms include but arent limited to APU, CPU, and GPU. But... Read More (GPU). Parts for Building Your Ultra-Efficient Miner The most energy efficient GPUs around come from Nvidia. Unfortunately, Nvidia GPUs arent quite as good at solving cryptographic hashes as AMD hardware. More Continue reading >>

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