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MSI RX580 8GB MINING RIG COST TO BUILD & RETURN OF INVESTMENT MINING ETHEREUM 84 DAYS TO BREAK EVEN

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Genesis Mining code (QnCw0O) for 3% discount - https://www.genesis-mining.com/ Please enter promo code QnCw0O in the promo code box when paying. Thank you. MSI RX580 8GB MINING RIG COST TO BUILD AND RETURN OF INVESTMENT MINING ETHEREUM - 84 DAYS TO BREAK EVEN THANK YOU EVERYONE FOR THE SUPPORT. My personal email: [email protected] Jaxx wallet - https://jaxx.io KRAKEN - https://www.kraken.com Exodus wallet - https://www.exodus.io Crypto currency trading - https://poloniex.com Crypto mining calculator - http://www.coinwarz.com/calculators Buy/Sell bitcoin @ coinbase - https://www.coinbase.com/join/58bc8a6... If you use my Genesis Mining code please comment on the video and let me know and I will use your code back as soon as possible. Donate Bitcoin: 18hWAJanEFNvQ58KDufwopzvxDRNzMXW1E Dash: Xb58Xx66SYCEysuk35j9DhujUVG5jjSXvE Ethereum: 0xF64988665f42A96e306dDf58E7d1073fC8e6fcbc Litecoin: LZiZ9CvCVrKkzGmEL3he7q8GAw7u12aof8 Please like share and subscribe!
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Text Comments (417)
Afsana (6 months ago)
is Dark Power shoud be 1200W?
Kurt Montgomery (8 months ago)
I really want to throw hands with you
anony mous (8 months ago)
No longer profitable in ETH or any coins mining. I run 24 gpu with 31mhs per card. Free electricity and air conditioning cos I work in Power Plant. I have everything for free, 5 big IT equipment rooms, 4x 10gb internet lines. And 1x 100gb lease line run for another 15 years as well. My office got considerably few spacious free rack 42ues system. Just mining for fun and for test actually, bcos ppl outside thinking mining is profitable, and eager to do that, so I decided to do my own physical mining cos I dont mind losing USD20k just like that. Actually I have a spare of usd100k for the test. Afford to lose as well, yet hard to get those gpu lately, I stop buying the rest. Should you thinking of start to physical mining, STOP IT BABY. Unless you are ready to lose like me. I can make usd20k from other way of project in 2-3 months. No sweat and harm to lose usd20k just like that.
Craig Elliott (9 months ago)
What is a good rule of thumb of Hash Rate to Reward? In other words, how much is the reward based on the hash rate? Thanks
Doc Bre (9 months ago)
Do you know about issue that people are complaining about RX 580 MSI Armor oc 8gb?
Doc Bre (9 months ago)
Thats good.
James Balundo (9 months ago)
and it has micron memory
James Balundo (9 months ago)
yes it is...
Doc Bre (9 months ago)
is it stable?
James Balundo (9 months ago)
Doc Bre im doing 31.5mhs in my msi rx580 armor oc 8gb
Satish Patel (10 months ago)
what is the earning today as on in JAN -2018 , hash rate ?
enriko Dunev (10 months ago)
there is big difference between dollars and pounds
crypto (10 months ago)
Thanks for the tip. I did not know that.
Paypal And more (10 months ago)
Now I have to build 40 RX580 to profit 40k usd a year :(((
Paypal And more (10 months ago)
Its 780 now nice profit there.
SUCC ASS (10 months ago)
lol, its at 750 rn
Niels Paulissen (10 months ago)
Stupid question, can i also use 6x "Sapphire Nitro+ Radeon RX 580 8GB"?
korsaire65 (10 months ago)
yes you can
Imran Rizvi (10 months ago)
Hi I need more info. Please can you send me an email @ [email protected] I need help in building the rig.
Lonehelljumper (11 months ago)
I need help. I'm looking into getting into mining but don't know enough about it. I was looking at a 1900x threadripper with 4 rx 580s any advice?
crypto (11 months ago)
My advice will be go for the cheapest parts and the best cards for mining rig build. RX 580s are good cards but not sure about the 1900x if its the cheapest option for mining.
Kriss Kringle (11 months ago)
That's corporate greed, and those who do not pay taxes
mrquija (11 months ago)
Hi, im about to start a rig with 4 of these cards, would you still recommend it? thanks. :)
crypto (11 months ago)
Yes. At the moment cryptocurrency mining is going good.
Ryan D (11 months ago)
where is the break even video.
Roman Yamal (1 year ago)
Sucks the break even turned from 100 days to 800 in 5 months
Patrick Hayes (1 year ago)
I don't understand why you guys go mad. it's a product I purchase with my own money which I have every right to do for what ever reason I want. If you have a issue get a job and buy one like most of us. also the gtx 1070 is good value for mining guys got 6 second hand for €1750 I'm hitting 31 mh per card and running 6 with psu running at 76% at .118c per kw I will have my roi fairly soon
Steven Hatfield (1 year ago)
What OS are you using? How are you getting 150Mhs per card?
crypto (1 year ago)
I am using Win10 but I am not getting 150MH/s per card.
Humaid Bin Hamed (1 year ago)
Best video so far I ever learned from 👍🏻
Imran shah (1 year ago)
Did u cover all ur investment for this rig in 84 days ?
Wajdi Echi (1 year ago)
bro what do u think about msi rx 580 gaming x lifetime with changing thermal paste?
Miguel Theking (1 year ago)
Hey bro nice video, but I can see its a video from may, is this rig still profitable with 0.13kwh on the 1st of November 2017
Tim Van Lerberg (1 year ago)
Great Video, nobody else shows this part!
Jom Main (1 year ago)
tq for the info.. very useful
ali Boukhari (1 year ago)
Hi Thanks for this good video, can i ask you, you put 150 Mh/s for your RIG. it's not 30 Mh/S each RX 580 so the total is 180 mh/s ??? thanks for answer me
Kenneth Coleman (1 year ago)
Nice video but today's numbers are 481 days ROI (Return On Investment). Any ROI similar to this video anymore? Any body got suggestions or is this no feasible anymore?
ali Boukhari (1 year ago)
Today is totally not same, when you put the same number, you found another result. very down ... After 3 month you can see your profit go down 2 times. If the profit go down like that, after 1 year we can win 2 dollars per year
nirmalkirtisinghe (1 year ago)
In my country, Electricity costs about $ 0.30 per unit, and there is no possibility of importing those GPUs for that price. Cryptocurrency mining is just not profitable here :(
crypto (1 year ago)
I agree. Mining is becoming less profitable and if you pay $0.30 is not worth it.
Morgan Farrell (1 year ago)
You should have bought an Antminer D3 15 GH/s.
Kuan Gerry (1 year ago)
i wonder what people in the future think of us now? wasting energies for guessing the codes that has no productive value.
CanadaDig (1 year ago)
The miners have bought the 4GB video cards, in 2018 they will be obsolete..get 6 or 8 GB before they swarm those during the upgrade.
TheTyphoon365 (1 year ago)
Ew mac
Manuel Fernandez (1 year ago)
Hi friend, thank you for you video. I buyed RX 580 Nitro 4GB, do you have a video or web page of how I flash or modbios this cards? Thank you
sdericmonty (1 year ago)
Those poor RX 580s, they should be having fun playing games... but they got sent to the mines before they could see the light of day. RIP 580's
Zuby A (9 months ago)
+Craig Elliot That's not the point of games. As if you make a fortune mining, get real lol.
Zuby A (9 months ago)
+sdericmonty Yeah and they'll end up on eBay soon. I see you've got a Subie in your profile pic, there's one thing the car community knows, it's that you never buy a used WRX. Same situation applies here.
Craig Elliott (9 months ago)
Yeah... so how much money have you made "Playing Games"? LOL
MyDucksOnQuack (10 months ago)
No, its a chip. it either works or doesn't and is completely unpredictable when it may stop working when it is being used for its purpose and what it is designed for.
Fabio Rodrigo (10 months ago)
Tons of cheap overused/abused rx 580`s*
Andrei Mladin (1 year ago)
Wow....if this is not a joke I WILL TRY IT :D Too bad i curently have a pc that can hardly run mario and 2% in my pockets
skylinegt6 (1 year ago)
Hi, I have my system set up and I am wondering once I have everything connected how do I install the OS? is that something else I need to purchase or once I turn it on will it already have something on there? I purchase everything exactly like yours :) Thanks in advance; good video.
JonTheChron (1 year ago)
Ok so this is my situation: my electricity rate is the equivalent of $0.035 USD and the electricity at my home is tax deductible, I just purchased 6x 580 Nitro+ 8GB SE does this setup make sense?
sukram palang (1 year ago)
thank you very much for all the informations! big up from bangkok!
Nadim Awan2 (1 year ago)
wow, yours is really cheap, I'm aiming for 8 1080ti. Total budget is £5,000 ($6500), does that sounds too expensive?
Koray Kalkan (1 year ago)
Sounds fair.
Nadim Awan (1 year ago)
https://m.youtube.com/watch?v=NGiQHKkQgeo
Nadim Awan (1 year ago)
I can donate in exchange for £5,000 plus shipping
Koray Kalkan (1 year ago)
No. Donate to me. Please.
Ambit Mining (1 year ago)
Can you do a VIDEO Compare Cloud Mining vs Actual Mining? What maintenance and other fees do they really take from us ? 1. Profitibaility difference on eg. 150Mhs of ether power 2. Use same investment eg: 2500$ 3. Maintenance fee dfiferences
lollino clash (1 year ago)
Finally a rig calculated and analyse good, thanks
Enejac (1 year ago)
now it's 100 pound more ... wtf
anthony carlin (9 months ago)
recently 53 ETH was over 53k :O
trioxygin (1 year ago)
bro, how much net profit are you getting out of this 8 gpu rig? im just starting.
MrShadowmaster00 (1 year ago)
So how's that 84 day ROI looking up for you?
crypto (1 year ago)
Looks very good as I have already made my money :). Pure profit right now.
Egg Gaming (1 year ago)
I WANNA KILL U RIGHT NOW JUST DOING FIRST PC BUILD
Manas Kumar (1 year ago)
Egg Gaming Same these idiots made all the GPU overpriced
tnbproduction (1 year ago)
so many things wrong with your conversions...
Jellybeantiger (1 year ago)
World full of tight asses buying up all the gpus for greed.
gröFazz (1 year ago)
so they are going to work nonstop 365 days to get all you that money? Wont they break or something?
sahil rane (1 year ago)
shit on you miners.🖕
dukedurell (1 year ago)
This is why all of us gamers can't even buy an RX 580 for gaming. Thanks for screwing over the gaming community.
MrBeard17 (11 months ago)
Shouldnt you be angry with the supplier for price gouging? Would you say the same to people buying gas for their car,when the prices go up?
Steven Hatfield (1 year ago)
Read comments on Amazon. It's not that great of a card for gaming. Get a 1080.
Daniel McGlasson (1 year ago)
dukedurell buy a 6990 you fucking peasant
Imsojohnny (1 year ago)
Kiss Levi same for me, exactly 1 month before
Kiss Levi (1 year ago)
dukedurell i bought the last one from my country 1 month ago for gaming, I was lucky!
Detox 267 (1 year ago)
U brought it in Pounds then done comparison in USD .U proberly looking at 180 days to break even
Brandon (1 year ago)
Detox 267 he converted it
james callahan (1 year ago)
where can I get a mining rig
crypto (1 year ago)
I don't know. Each country is different.
K to the L (1 year ago)
lmao so that will be the real end of the world. too easy to see it coming.
Tibor Rézmány (1 year ago)
Hi there! Right now, I have try to build up a configuration but faced with a lot of problems... Basically I 'am a Mac guy, and forget for many things of Windows setup. Could you suggest me how could I increse the hash. Wist custom setup I have reached 15 with MSI 4Gb video card, what is not so good... Other question is do you sell the setups on the video, and if so, what would be the price. Regards. Tibor
Murlock2000 (1 year ago)
People are lucky to live where the eletricity is so cheap
frantano (1 year ago)
Murlock2000 Yep dude but Denmark is one of the best countries to live.. So you can't complain hahaha
Murlock2000 (1 year ago)
i highly doubt it, i live in Denmark which is one of the most heavy taxed contry in the world, we have tax and VAT on almost everything :P Nice of you to replay, keep up the good work, it was very educational for me, i just tried for fun to mine ETH on my Strix 970 in W10 - its horrible, only doing 2.72 MH/S on the GPU
crypto (1 year ago)
Murlock2000 But we buy the parts more expensive :)
whats up (1 year ago)
why not a core i7?
Isaac Elenbaas (1 year ago)
whats up GPUs are more profitable for mining, so there's really no need for him to spend much on a cpu if he's got that many gpus that he can have running 24/7
Alien Hunter (1 year ago)
Wait, did you join a mining pool?
Alien Hunter (1 year ago)
Excelente man! can you make a step by step instructions 0n how to build a mining? I prefer to mine Litecoins...
ankit patil (1 year ago)
Sorry but this may be a noob question. Most motherboards have 1 3.0 pcie slot x16 and rest 5 as pcie 2.0 x1. You are using latest gpus but connecting them through x1 to x16 riser card adapters. Does adapter reduce ultimate hashing power? And hypothetically does pcie 3.0 x16 perform (read more hash rate) better than pcie 2.0 x16 with SAME GPU?
Jogeir Hvide (1 year ago)
Instant return on investment, risk free - - sell your RX 470/480/570/580 today ! - I bought my 2 x rx 480 in sept last year for 264USD each, sold them yesterday for 382USD each. What's going to happen to the used prices for POLARIS cards when VEGA is released? I expect my RX480 would only be able to fetch 120-140USD when every miner wants a VEGA card and they want to sell their old Polaris cards..
dukedurell (1 year ago)
Jogeir Hvide I hope everyone sells their old cards cheap I'd like to have one for gaming!
MegaT3rr0R (1 year ago)
Jogeir Hvide 9
nicoticotine (1 year ago)
right on haha
Igor Beznev (1 year ago)
lol only 12 cent/kWh... i must pay 27 cent/kWh...
Pro Net (1 year ago)
yea it's very low xD all north african countries are like that i guess
Alphonse M (1 year ago)
Ofc i know where algeria is xD damn those power fees..
Pro Net (1 year ago)
in algeria it's in north africa and btw the weather is normal here ^^
Alphonse M (1 year ago)
O.O Where do you live??
Pro Net (1 year ago)
i pay 0.025$/kw its almost free
Globox822 (1 year ago)
So you make a few thousands a year? Like 3000$? No good enough imo
daniel meman (1 year ago)
Wat
A Cote (1 year ago)
ill sell my 480 for 250usd
Raman (1 year ago)
So when I mine for something like gold I get why it has value. Why do these values "mining" rigs calculate have value? Can you eat it? can you make jewelry from it? Maybe you can wear it? No one can explain to me why it has value. This worse than Fiat currency.
Asad Chaudry (1 year ago)
Raman untraceable currency
Chukwu (1 year ago)
Raman ok to you cool lol 😂😂😂😂
Raman (1 year ago)
Money has to be created only if the value of something increases, so a country economy grows, their amount of money in circulation should increase also. If the amount of money is increased without the increase in value (economic growth) it results in inflation, etc. If money doesn't work like this it's just like fiat money to me.
Gaurav wason (1 year ago)
HI IF ANY ONE LOOKING FOR RX580 8gb Graphic CARD on Qty onle. LET ME KNOW @ 00971557601347
sham (1 year ago)
Raman it holds the universal value of time. Time is an everlasting currency will always have value. you spend time mining for cryptocurrency, and since you and every other miner/person values their time, the product will have value. Comparing this to fiat money is disgusting. please dont ever do that again.
BoGJimPew (1 year ago)
Hi mate got my self a couple of RX 470 on order. If they ever come back in stock please could you tell me what MSI after burner settings to put them on and what PSU wattage to buy. would a 750w cover it If I was to add another 470? I currently have my made gaming PC with a 980 selling hashingnpower for around 100 dollars a month.
Pratham Saxena (1 year ago)
as a gamer this just feels so wrong!
Vj Raj (9 months ago)
tplusd the same thought.
Paypal And more (10 months ago)
RX580 is made for mining HAHA
Randy Morales (1 year ago)
sad life you have if you cant afford $400 stop working at taco smell maybe...
Egg Gaming (1 year ago)
tplusd GPU PRICES ARE SOO HIGH FUCK YOU
valti (1 year ago)
tplusd stop copypasting and suicide already
Sean (1 year ago)
so this is why I can't buy an rx 580. hope they all catch on fire
Sheikh Ebrahem Sheikh (11 months ago)
Lol
FullestSquare0 (1 year ago)
Who uses and for gaming anyway LuL
Marcus Anonymous (1 year ago)
Eiriksvin MJG He s just a kid with a perception of a kid who thinks the world will change because of his kid problems.
BUSY BUSINESS (1 year ago)
Morgan Farrell I know mining difficultly goes up and down like the price of the currency. I can not find the history on how much mining difficulty has went up in. How do you get this information, or have you been watching over the years. Do you know of some radical mining technology coming out? How do you know mining won't be profitable in 6 months?
Morgan Farrell (1 year ago)
In 6 months gpu's will no longer be making money for miners.
what is the pool fee % of eth?
Stoyan Kirov (1 year ago)
Can someone even find these GPUs in stock?
Ryan Duminiet (1 year ago)
+Chuwku We just got depleted. New stock starting to come in now.
Ryan Duminiet (1 year ago)
+M Steyn Nice man. Yeah stock coming soon.
Ryan Duminiet (1 year ago)
+Gaurav wason I'm not looking for any. We finally have stock trickling in and have an order for 100 units.
Chukwu (1 year ago)
Ryan Duminiet lol no psu 😂😂😂 not a problem in the U.S miners are not the problem if you cant get psu's
Chukwu (1 year ago)
Stoyan Kirov yes i got one.
Victor Kwan (1 year ago)
Hi @tplusd i used your mining code on genesis mining
james callahan (1 year ago)
Victor Kwan how is mining there
crypto (1 year ago)
Thank you very much for your support. I really appreciate it. Wish you a very profitable mining.
Thameur Ajlani (1 year ago)
hashrate randomly drops when using claymore miner, Why ? is it because Overclocking ?
crypto (1 year ago)
Are you using the latest claymore? As I just installed it and the same thing is occurring to me which is very disappointing. I guess there is an issue with it.
Michael Müller (1 year ago)
looks good! but do you really only pay 0.12 cents per kwh electricity?
Mitra Brate (1 year ago)
in my country only 0.055 for kwh :D
buddelbox (1 year ago)
German here, 0.27€ per KWh
crypto (1 year ago)
Yes. I know some people are paying much more than that and this is why I have always said that in some cases companies like Genesis Mining are even a better opportunity as there is no electric cost and you don't have to build a rig and you don't have to maintain it. I know people who pay in excess of 0.26per kWh which is insane.
Ivy Ivan Wedding (1 year ago)
IMHO, right now it's best to just buy ETH and hold it...I have been down that mining path before with BTC and it was not a fun experience. You have to pay the high electricity bills AND hope difficulty doesn't go thru the roof bexause that's your profit. The biggest problem right now with ETH is that it's switching to Proof of Stake by year end, which means only a few months left to mine (minus the break even period). POS requires that you have ETH to begin with before you can host a node and get paid in transaction fees for doing do. In conclusion, it's not worth building any ETH mining rig at this stage of the game.
IQ encodoc (10 months ago)
You were 100% right about mining ETH and holding. Like, holy shit were you ever right!
Ivy Ivan Wedding yo I have a gaming rig with a 1060 should I mine or just buy eth and how much eth? I'm new to this shit have no idea what I'm doing
Deviltamer (1 year ago)
Ivy Ivan Wedding great news
JKUBTV (1 year ago)
does this mean we are going to see a flood of 580's on kijiji in the next few months?
Zinky (1 year ago)
I read some more about Proof of Stake and it will do so you cant earn money via mineing... proof of concept = you get paid for the time your pc are calculating algorithm Proof of Stake = you get paid for the more ether you have in your wallet.
Manfredo Goes (1 year ago)
Please Show the name of all Pieces at the description Thanks
crypto (1 year ago)
Hi, here you can see everything I used for it: https://youtu.be/wWjZjRGrUks
sent4dc (1 year ago)
You calculated your profits for BTC (Bitcoin) while you were talking about Ethereum. So it's all wrong.
3D Printing Gamer (1 year ago)
You're dumb.
crypto (1 year ago)
Where did I talk about profits in Bitcoin?
desi roti (1 year ago)
iam considering using MSI Radeon RX 580 8GB GAMING X+ card, would all of the equipment you are using on your build work on my msi card above? is the rx 580 4gb giving you the same speed in etherium mining.
Andy Z (11 months ago)
desi roti one advantage of using the 8 gigabyte cards is that you can do dual mining
crypto (1 year ago)
Hi, yes it will work without any issues.
Alban Kastrati (1 year ago)
Super helpful bro . Thanks for the video .
Alban Kastrati (1 year ago)
tplusd Can i use MSI Z170a ddr4 and 5 gpus per miner ?
crypto (1 year ago)
Alban Kastrati Glad to hear that you liked the video and that it helped you.
Imre Csoka (1 year ago)
I am not understanding why yuo are using 150 megahashes? isnt it 150 x 3 im confussed
crypto (1 year ago)
Imre Csoka 150mh/s total for all 6 cards. After bios mod I am getting now close to 180mh/s.
Imre Csoka (1 year ago)
150 total or 150 each ? how many gpus ? not sure if i know which rig we are talking about now
crypto (1 year ago)
Imre Csoka 150mh/s was what i was getting from that rig MSI RX580.
BeScaredOfDarkness (1 year ago)
If I start with one rx 580, would it be beneficial for me to go for it? - Also should I do different cryptocurrency then?
BeScaredOfDarkness (1 year ago)
Sadly, I couldn't get deal for rx 580 - But I'm waiting for new when it comes to cards, might be I would get something from rx 470, rx 480 or R9 290. Then Building it and I got inspired from this video and I hope it all goes well for you with earnings :) Also would there be difference in yields when using ssd over hdd?
crypto (1 year ago)
Hi, yes you can start with one card only and then add on as you go along. Its fine to mine ethereum also.
djkaye youtube (1 year ago)
Any1 care to send me ethereum? just got started :)
dasvedas4 (1 year ago)
if you want people to send you ethereum put your address below your request
Ryan Agnew (1 year ago)
Arnt the VEGA cards being released shortly? Anyone know how those are expected to perform for mining?
crypto (1 year ago)
They should be coming end of the month, but is not confirm I think. In regards to the performance no one knows until is not tested.
Pokemon Go (1 year ago)
I dont understand. I bought 6 x MSi RX580 8GB and im using like 1400 W. What Am I doing wrong ?
TheGTATay (1 year ago)
ash smitty No he is right.Who the hell makes a large investment like that and does not know simple thing like that? and do NO research what so ever?
Victor Kwan (1 year ago)
Thank you pokemon go
Pokemon Go (1 year ago)
Nope , same hashrate
Pokemon Go (1 year ago)
Victor Kwan with rx 580 gaming? around 177MH if good optimizated
Victor Kwan (1 year ago)
Will mining ETH + SIA affect my hashrate for ETH?
David Lethe (1 year ago)
As I just posted .. difficulty has going up considerably over last 6 weeks, and will double again in just a few more weeks. Even if electricity is free then I don't see anybody getting ROI in mining if they have to spend $1000 on hardware. Here is a graph that shows how degree of difficulty has gone up. https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart Based on the growth curve, you'll be lucky to mine even a single ETH on that rig during all of winter. You'll probably just have to use the system for gaming in 2018 unless your electricity is really cheap. Speaking from an investor's point of view, the smartest move is NOT to tie up $1000 in disposable income (an estimated cost) mining ETH. The smart money is to buy $1000 in ETH now and have it appreciate starting immediately.
crypto (1 year ago)
Hi, thank you for the information. I have read all of it. However I see things differently and of course we both probably have valid points, but I have really looked into this in details and have decided that for me personally the rigs/mining is a better option. Buying the rig means that I have my money in the rig so therefore if nothing goes wrong with the rig I can always return at list half of my money back by selling it if I choose to do so. I paid $2600 so If I can get back $1300 and actually think that I maybe able to get even more but lets just say half. That mean my investment is only $1300. I am not going to look in the past so lets look from today onwards an make the calculation. With today price of $260 per ETH for $1300 I and anyone else will be able to buy 5 ETH. Now with my mining rig with today difficulty I will be able to mine 4 ETH a month and I know the difficulty will rise so lets say on average 2 ETH per month for then next 3 months. So I will get 6 ETH. I know there is electricity cost, which will make my profit less but if I pay with USD money rather than with the ETH I mine I will still have 6 ETH. That is just after 3 months. Beyond that I can continue to mine ETH and earn more ETH coins. If I get 1 per month still better than the 5 I bought today. When it comes to a point that mining ETH is not profitable I can switch to ETC, Zcash, Monero, Pascal and many other altcoins and still continue to earn some profits out of it. While if I bought 5 ETH today I will after lets say 1 year still have 5 ETH. Beside that If I want and I know many people are doing it I can do dual mining with my rig for instance ETH/Siacoin and get the Siacoin to cover my electric bill for the month and the ETH mined will be pure profit. That is how I see things and I understand that we can't be all in the same page and your opinion is different, but I guess every train has its passengers. Apart of my points above I can't understand one thing. If mining was not producing better returns than buying why millions of miners around the world are doing it? And for me I know why, because it is more profitable than buying. If I had lots of money then maybe I would of consider buying, but when my funds are limited I honestly thing and agree with the millions of miners, mining is more profitable than buying at list for now. Things can change.
Muhammad Usman (1 year ago)
How about Bitcoin mining on this rig. Is profit will same as ETHEREUM mining?
crypto (1 year ago)
Sadly no :(. Those rigs are good for now to mine ETH, ETC, Zcash, Monero, Pascal and some other altcoins.
Kazzarry (1 year ago)
no bitcoin mining on gpus is not even close to profitable anymore due to the introduction of ASIC miners
Xaero (1 year ago)
You realize that etherium mining is closing in less than 7 months?
crypto (1 year ago)
Hi, my email is: [email protected] I try to answer all emails with few hours. Thank you for your support on my channel.
joefnd (1 year ago)
tplusd hey you've got mail sir. Thank you for your dedication.
crypto (1 year ago)
He probably mean that POS is coming and that there is talk that it could happen in few months lets say 7 so after POS we may not be able to mine Ethereum with GPU's. However no one knows when POS will happen and what will happen after it does happen. But even if we are not able to mine ETH with GPU's after POS we can switch to other coins and still continue to make profits.
joefnd (1 year ago)
Xaero what do you mean it's closing in 7 months?
crypto (1 year ago)
Yes Pos is coming but no one really knows when. But even if it is another 7 months that can be enough to make some great profits and beyond that we can switch to mining something else and continue to make profits. Beside that time will tell :).
Imran Patel (1 year ago)
Are you solo or pool mining?
Imran Patel (1 year ago)
tplusd thanks for the info. if you had a outdoor garage you can make a mining farm hehe
crypto (1 year ago)
Hi, pool mining.
hamza houdini (1 year ago)
Hi! I have the RX580 + and I need the 2 x 8 pin connectors. What cable did you order to fix this problem? Thanks:)
crypto (1 year ago)
Hi, glad I was able to help and thanks for the support. I really appreciate it.
hamza houdini (1 year ago)
Wow bigg thanks man! You answerd to all my questions ;) I love you're vids and keep going man.
crypto (1 year ago)
I hope few years at list. I know people who have been mining for 5 years with the same rigs. Cards mainly will probably brake eventually but I am lucky it will take long time for them to do so :). If I am even more lucky they may never do and I may upgrade to other cards and sell those ones. I monitor my rigs every few ours with TeamViewer.
hamza houdini (1 year ago)
Thanks man! Another question for you, what's the life time of your rig? At what's frequence do you monitor your rig?
crypto (1 year ago)
My ones came with my PSU. But you should just look for a 8 pin Video Card Power Cable Adapter lets say on Amazon or a computer site or shop. Hope this helps you
desi roti (1 year ago)
great video, are msi the best cards to use, wont they heat up quicker becaouse they only have 2 fans whereas other cards have 3?
BrianYYH (1 year ago)
joefnd you should be able to find performance and temperature benchmarks online. You can compare that with other cards
joefnd (1 year ago)
BrianYYH what about sapphire pulse rx580? Msi is still better?
desi roti (1 year ago)
Thanks for that.
BrianYYH (1 year ago)
desi roti it's about quality, not quantity. MSI has an amazing engineering team and can efficiently cool the card with both the hardware and software working hand-in-hand.
xdragonhaterx (1 year ago)
I am really new to cryptocurrency and i don't know a lot but i was thiniking of making an ethereum miner like this. May I ask how much atention does a mining rig like this need? Do you need to look at it every day or just once a week. I would also like to ask how does GPU owerclocking work, how do other parts beside GPU effect the mining and what sistem is the best for it because i read that some people prefer linux (i never used it before) over windows. I would also love any tips anyone has. I would really apriciate your advice. Thanx for taking time to read this.
xdragonhaterx (1 year ago)
Sorry if im asking too many things.
xdragonhaterx (1 year ago)
Well i will go to college in 4 months which means i will be home only for the weekends. That is why I am concerned about time. Oh and can you check the temperature and if the sistem is working properly on a phone or must you phisiacly check it?
crypto (1 year ago)
Hi, thanks for stoping by my channel. If you are lucky enough once completed you may not need to do anything to it. However if lets say like me in the summer the heat is an issue you may need to move it around and it may require in the morning to be in one place around the flat and in the evening to be in another :). Of course ideally you want to be at list checking on it and see is it mining and what is the heat of the cards so if anything is wrong you can catch it before is too late. But really it does not need much looking after it. If you compare it to a service like Genesis Mining where you do nothing in here you do have to do a bit of work, but in the enough hopefully is worth for us. People use Linux for different reason such as it is a bit more secure than Windows, it could run more than 8 cards on one GPU and also one very important reason is that Linux is free :).
Bitcoin México (1 year ago)
Hi, I have the Z270X UD3 Cres that serves me to mine?
Maintenance and others cost must also be included, but still overall good investment.
crypto (1 year ago)
In regards to the maintenance you are right they can occur, but is hard to predict them. As for the electric cost I have already deducted in the video. But as you said currently is definitely a very good investment and hopefully it will stay that way for many years to come.
chandra wijaya (1 year ago)
Hey, i want to ask how many hashrate can i get with RX580 for zec mining? can my GPU dual mining with ETH? Thanks
Bloodyivo (1 year ago)
So you can mine ETH and Zcash at the same time with the dual mining claymore ?
crypto (1 year ago)
You should be able to get around 280 Sol/s.
chandra wijaya (1 year ago)
i have RX580 8G
crypto (1 year ago)
Hi, what is your rx580 4gb or 8gb? And yes you can deal mine with claymore.
Finrecon1 (1 year ago)
Have you thought about making a nvidia mining rig? Mining zcash or equivalent coin, ROI Should be less than with amd.
crypto (1 year ago)
I thought about it, but as the Vega suppose to be coming I want to wait and see what results they will give. They could end up to be something amazing so I think is worth the wait.
Andy Bradley (1 year ago)
How is your electricy cost only $0.12 per kWh? Here in the UK its around £13.50 pKw!!!!! Do you live under a Hydro dam or are you in the middle of a wind farm?
Andy Bradley (1 year ago)
Thank you! I appreciate it!
crypto (1 year ago)
Yea £13.50 would of been a killer for us the miners :). BTW, welcome to the mining world and I wish you a very happy and profitable mining. It is quite fun especially the mining rigs as we have to put work into this machine that make us so much money :).
Andy Bradley (1 year ago)
Arhhh sorry, I am a complete dumbass!! I wasn't sure what I was paying so I searched online and found my suppliers tariff's rate is 13.53p per kWh, I read it as £13.53 and not as exactly as it says "13.53p". Appologies :D I am new to mining.
crypto (1 year ago)
Hi, you can't be paying £13.50 per kWh? Are you sure that for 1kw you are paying for one hour £13.50?
Javita Coffee (1 year ago)
https://vixice.com/?ref=VRtIKG Bitcoin factory
Yordan Sergeev (1 year ago)
this is a lie ! rx 580 at max load draws off the wall 325Wx6 this is 1944Wph it is 2 times the power you say your cards work at .... it is possible only if cards are on 20-40% load all the time otherwise the 960Wph is an impossible scenario !!!
Kaleb Bruwer (1 year ago)
His power supply can't handle any more than 1500W, but you claim he should be pulling almost 2000W. Also, typing wph tells me you don't know electricity that well anyway.
John Daman (1 year ago)
Miguel Carones Not saying you would use cards that way. But if you don't undervolt ur cards at all or do any underclocking then you will get mid to low 100 watts on an RX 580 while mining. 👍
Miguel Carones (1 year ago)
John Daman some of u are really clueless about míning. I own some 580 and I manage to drop them down to 74 watts while keeping the exact same hashrate. please refrain from saying shits u clearly don't know Shit about. I would never have a tdp of 1000w on a 5 gpus rig
John Daman (1 year ago)
A computer with 1 RX 580 probably draws 325 watts, but this is thr full computer not each graphics card. An RX 580 by itself would probably consume about 140 watts, so if you did 6 RX 580s you would be using 840 watts and then you need to add in the wattage needed by the rest of the system which would be about 185 watts maybe and your total for a 6 RX 580 computer would be about 1025 watts.
Cloud Cash Review (1 year ago)
This is about what I get for a similar setup. The video also shows a 1200watt PSU which if they drew 325W per card he would not be able to get past really three at a time.
AP FILMS PRODUCTION (1 year ago)
good video
crypto (1 year ago)
amit patel Thank you. Glad you liked it.
Hyperlite720 (1 year ago)
When you are looking at your return on investment it says 3 rigs, when you did the calculator though it was only for this one rig? or was that for 3 of these rigs?
crypto (1 year ago)
Hi, Thanks for your comment and for stopping by my channel. I actually showed my 3 rigs mining but the calculator and the numbers were just for one rig which at that time was 84 days return of investment for one rig mining 170mh/s. I actually now have that rig running at 177mh/s which is very good and the return of investment shows right now being 95 days which is not bad also as the ETH has risen since then.
Anthony Singley (1 year ago)
What about the cost for the operating system? He did not mention it, can you get by without one or just add $100 to the cost of the rig?
crypto (1 year ago)
You can run it under Linux like most people do and is free this is why I did not mention it :).
Sebastian L (1 year ago)
Hi all! I would need some help! I have a 980 ti nvidia, I know it is not the best for mining, but I have to start somewhere. I have seen values of 15-20 Mhash for GTX 970, I presume, that a 980 ti can do more. Despite of that, I have arranged a mining session, but there I could do only 3,6 Mhash. What is the problem? What can I improve? I would like if someone could help with the proper setup. Thanks in advance!
Finrecon1 (1 year ago)
Infiny Tank with Nvidia you should mine equihash algorithm. Zcash is the best, just use EWBF's Cuda miner and I found flypool to be pretty consistent. I currently have 2 1080ti's that based on my calculations make around 25-30$ a day.

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