ethereum mining

I originally built this mining rig back in December 2017 (during the golden days of crypto), I've unplugged this rig from electricity since September 2018, but I might turn it on again in 2019. Today's article is the second and final part from the series I started back in 2017, see Building a 12 GPU Ethereum Mining Rig From Scratch - Part 1: Ordering Details The total cost for this rig (4 GPU's with hashing power of about 60 MH/s) was about $1,300. I never break even. To do so ethereum should…

I have been operating a GPU ETH mining rig since the December 2017, the total cost so far to build it has been $1,661. That's a lot of money for just ~ 58MH/s hashing power. Now, things were different back in December 2017, let's see how does it works out now (August/September 2018). Building a 12 GPU Ethereum Mining Rig From Scratch - Part 1: Ordering Details For most of the Summer my Ethereum mining rig has been powered of (because of unprofitable mining - high electricity price / low…

It has been a while since my latest updates with my Ethereum GPU mining rig. In fact, Q1 2018 has been pretty dull for crypto investors, including miners. Long story short - at the end of 2017 I decided to build a small Ethereum GPU mining rig, now in the middle of April 2018, in total, I have invested in this mining rig $1,661, though the total ROI has been just 11.63%. In the past 4 months, I have mined humble 0.32 ETH, with today's ETH/USD ($515.83) exchange rates that would give USD 165…

February 16 marks a small 2-month anniversary since I've started to mine Ethereum and others altcoins. In today's article let's take a quick review and try to understand is GPU mining still profitable in 2018? It all started with a FOMO back in December 2017, after successful second part of the year of investments in crypto, I decided to build a 12-GPU mining rig. Currently, I've invested $1,661 in this mining rig and after 2 months of operations, the current ROI is 12.53% (not counting in…

Each time I add some new graphics card to my existing gpu mining rig or some other major happenings happens I make a quick update into the blog.  There are two major updates since my latest post from cryptocurrency mining experiments - I have installed another gpu card (in total there are  already 4, giving a hash power of about 53 MH/s) and second, Ethereum price has dropped by about 40% in the last days (from $1,430 in January 13, 2018, to $1,007.41 in January 23). Both things heavily affect…

ZOTAC GeForce® GTX 1050 Ti OC Edition is the third graphics card installed on my mining rig.  Bought back in Tbilisi and paid about $220 for this card, see: Buying Graphic Cards (GPU) and Computer Parts in Tbilisi, Georgia. Currently sold on Amazon for about $260 - ZOTAC GeForce GTX 1050 Ti OC Edition 4GB GDDR5 Super Compact Gaming Graphics Card (ZT-P10510B-10L) Out of the box, this card gives ~12 MH/s in Dual mining mode on SimpleMining OS. I believe with solo mining and little overclocking…

The idea and inspiration for this article come out since after about a month ago I started to invest both in cloud mining and building my very own GPU mining rig. I decided to compare - what's more profitable - doing all by yourself or just throwing money into cloud mining contracts. Make sure to read out my previous article on similar topic: To Mine or Buy Ethereum/Zcash/Monero in 2018 For a prelude, back in December 2017, I decided to build up to 12 GPU mining rig, using kind of dollar cost…

Each time I add some new graphics card to my existing gpu mining rig or some other major happenings happens I make a quick update into the blog.  There are two major updates since my latest post from cryptocurrency mining experiments - I have installed another gpu card (in total there are 3, with a hash power of about 40 MH/s) and second, in the past day's price for Ethereum are reaching new ATH (All Time High) been set at $1,430 as of writing this (January 13, 2018). Those of you following…

I've been mining ether since December 16, 2017, the total hash power currently is about 28MH/s. That's about 1/5 from the planned hash power in 2018.  It all started with a single GPU installed at one of the free office computers, later it has been extended to custom-built GPU mining rig and some optimization done. Past couple of weeks have been a nice learning curve, I have created many articles on mining with GPU, and they are among the most popular in 2018. Without doubts - crypto mining is…

Welcome to the last post of 2017, and no surprise but today I will speak about increased Ethereum (and Siacoin) mining profitability by overclocking GPU cards. Those of you following my blog lately already know - in December I decided to build 12 GPU mining rig and ordered goodies from Amazon. In total spending about $1,147.  The total investment right now covers just the core minimum - motherboard, power supply, PCI risers, RAM, processor and just 2 graphics cards. At the start, I ordered…