Why You SHOULDN'T Build A Mining Rig

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UFD Tech

UFD Tech

Күн бұрын

I know, I missed the part where we shouldn't build mining rigs so that gamers can get their GPU's back. RIP.
Hopefully this video helps you to understand the pitfalls & negatives of building a mining rig & allows you to make the decisions for yourself on whether it'll work for you or not.
Big thanks to Wootware for sponsoring all of the parts needed for us to build the mining rig!
• WOOT UP YOUR LIFE!: goo.gl/LHuwN5
• Intel Celeron CPU: amzn.to/2qhj0AF.
• 4GB DDR4 RAM: amzn.to/2lPxGBj
• 60GB SSD: amzn.to/2qiEzRa
• Mining Rig Frame: amzn.to/2CLzFyA
• H110 Board with 6-slots: amzn.to/2Cknvvx
• B250 Board with 6-Slots: amzn.to/2CwCxSh
• Z270 Board with 6-slots: amzn.to/2ENJYCR
• ASUS Board with 19-slots: amzn.to/2ClGPZG
• Mining Risers: amzn.to/2CLVEFK
• GPU's for Mining: amzn.to/2CLqj67
• PSU's for Mining: amzn.to/2Age26Z
Resources:
• See What Cards Are Profitable: whattomine.com
• How To Build Mining Frames: • DIY Build - 6 X GPU Wo...
• How to build your 6gpu...
For PC parts:
• Buy from Amazon in US: amzn.to/2krqEWz
• Buy from Wootware in SA: goo.gl/LHuwN5
• Buy Mining stuff on Amazon: amzn.to/2BsFwLw
• You can support us on Patreon: / ufdtech
• Bitcoin Dono Address: 1G5n6qFafWSYf8CZikZTXXcThpoxKeXK1K
Video was edited on:
• X399 Gaming Pro Carbon: amzn.to/2iPnnzB
• Threadripper 1950X: amzn.to/2ikITbh
• MSI RX Vega 64: amzn.to/2A2JW7Q
• Trident Z RGB: amzn.to/2prkDHI
• Corsair H100i: amzn.to/2gRg0mU
• ASUS PCI WiFi Adapter: amzn.to/2teOAwm
• Enthoo Evolv: amzn.to/2oHZU5o
• Corsair LL 120's: amzn.to/2z1w25M
• Thermaltake Toughpower RGB 850W: amzn.to/2lSKNUv
Video was shot on:
• Panasonic GH4: amzn.to/2tyKUpJ
• Sigma 18-35 f1.8: amzn.to/2tyDKBB
• Tascam DR-40: amzn.to/2tRVLxo
• AKG Lavalier Mic: amzn.to/2uzaVW3
• Rode VideoMic Pro: amzn.to/2uzxOZf
• Benro Tripod & Head: amzn.to/2u0P9xk
• Godox LED Lights: amzn.to/2uTeHJ2
For the intro/outro music by Kalyptra: goo.gl/KyLzTB
For the music in the video: goo.gl/IMZC9A
My Twitter - / ufdisciple
My Facebook - / ufdtech
My Instagram - / ufdtech
Thank to Tancrid "Tank" Muller for writing the video!
Thanks to Reece Hill for filming the video!
Thank to Rikus Strauss for editing the video!
Executive Producer: Ronald Bodinger & JC Randall

Пікірлер: 986
@ToastyCoClothing
@ToastyCoClothing 6 жыл бұрын
bro who do u get ur coke from
@MichaelBrown-fs1un
@MichaelBrown-fs1un 4 жыл бұрын
California of course 😂😂😂
@thelaundryman9287
@thelaundryman9287 3 жыл бұрын
🤣🤣🤣🤣🤣🤣
@roberth3963
@roberth3963 2 жыл бұрын
Was thinking the same thing. Or. Crystal hangs out there to. Lol.
@simonfrohlich7766
@simonfrohlich7766 6 жыл бұрын
RGB boosts hash rate by 50% :D
@JoeyT
@JoeyT 3 жыл бұрын
This dude is so intense. He makes you want to go all-in!
@baranUtube
@baranUtube 6 жыл бұрын
Hey, would it be a good rig if i have 3 gtx 1060? Right now i have only 1, how much do you think ill make from one?
@CaptainTomAN94
@CaptainTomAN94 6 жыл бұрын
Actually this is a pretty good video that perfectly sums up the considerations people need to make when they think about getting into this industry. It CAN indeed be incredibly lucrative to set up a mining operation if you are really good with computer hardware, have cheap energy, live in a place with reasonably lower temperatures, and have enough time to basically dedicate yourself to a new part time job. Oh, and this IS a part time job that WILL take up a lot of your time if you bother to go big with this.
@saltysteel3996
@saltysteel3996 6 жыл бұрын
I can't even buy a GTX 1060 for a gaming rig because of this bullshit.
@MrPolla545
@MrPolla545 6 жыл бұрын
bought mine (msi gaming x 6gb) before the boom while it costed me only 330€, nowdays it would cost me 350€. /s Finland's prices didn't change.
@Bubsack101
@Bubsack101 6 жыл бұрын
Here’s what I did: buy a old prebuilt with the card you want, then snag the graphics card and sell the rest
@yorickaname9475
@yorickaname9475 6 жыл бұрын
Read a book instead. Then when you're done with that, read another. Also, go join a sports club somewhere (baseball, softball, basketball, or soccer team).
@yorickaname9475
@yorickaname9475 6 жыл бұрын
Did you try looking? I found MANY of them available (and the 1080ti as well) on both Amazon and Ebay.
@bwest6275
@bwest6275 6 жыл бұрын
So if your house runs on solar, good deal to get into crypto mining given power is a non-issue? Just leave the rig on all the time 24x7 right?
@HoxxyBG
@HoxxyBG 6 жыл бұрын
well i just started mining a few days ago with my 1080. i get usually 5/day and I pay 0.12$/kwh. Im thinking of building a 2 gtx 1060 system. opinions or suggestions?
@Ev3rM0r3
@Ev3rM0r3 6 жыл бұрын
I looked at graphics cards today on newegg and the 1080sc i bought 3 months ago that was 550 on blackfriday is now 850-1000 and a 1080ti is almost 1300-1400.... WTF?
@UFDTech
@UFDTech 6 жыл бұрын
MEGA INSANITY. 1080 Ti's were $900 when we were preparing to make this video. :( RIP PRICES
@redgringrumble2029
@redgringrumble2029 6 жыл бұрын
Dude, the Rx 580 8GB I got in Nov was $280 and now its listed for $500. should I just sell the cards?
@MrMalditor
@MrMalditor 6 жыл бұрын
I've seriously thought about selling my 1070's because they are nearly double now, but I won't contribute to the price gouging.
@heezmagnif
@heezmagnif 6 жыл бұрын
wait... i can sell my 1080ti for $1300? goodbye 1080ti.
@BigtimeBigA
@BigtimeBigA 6 жыл бұрын
Ev3rM0r3 I bought my Asrock H110 pro BTC mobo at $120 from Newegg around Thanksgiving, 10 days later $279 was best price I could find for 3 more, bought another last week and winning an auction on eBay was cheapest and that was $291. ☹️
@iamdmc
@iamdmc 6 жыл бұрын
also don't build one because then there's less competition for miners ;)
@UFDTech
@UFDTech 6 жыл бұрын
+iamdmc Truth
@billypi1307
@billypi1307 6 жыл бұрын
BUT WE NEED MORE PEOPLE TO HOLD AND USE COINS SO THEY GET MORE VALUE!! THE MORE PEOPLE USEING CRYPTOCRNC THE BETTER FOR US THE WORST FOR THE GOVERNMENT AND THE BANKING SYSTEM
@studiorobo
@studiorobo 6 жыл бұрын
sperg
@spicketspaghet7773
@spicketspaghet7773 6 жыл бұрын
and then it crashes the second it is outlawed. Gaining profit from nothing is never healthy for an entire economy. All these people getting into it will just mean more people will have bitcoins, which means more bitcoins can be earned, but that rate will drop quickly. You'd need 50000K to make back any possible money, and that's only as long as bitcoin or crypto currencies are accepted. The government may look into this eventually, all of this money going nowhere is not healthy for the overall economy, the gov may just make crypto currencies illegal, and all of the sudden the price will plummet.
@iamdmc
@iamdmc 6 жыл бұрын
hard to regulate and ban something that's on the internet not hard... impossible cryptos aren't going anywhere
@dinoxp93
@dinoxp93 6 жыл бұрын
Here's my question. I have 3 systems, 2 have a single 1080, and the other a single 1070. Is it worth it to have the 3 separate systems with single cards to mine on spare time? These systems where built mainly for gaming so they don't get used often
@NeverShoutNeon
@NeverShoutNeon 6 жыл бұрын
Is it better to buy the antminer s9 or that 6 card rig in the video Wich one will make me more money?
@BigtimeBigA
@BigtimeBigA 6 жыл бұрын
I built 4 rigs with 10 cards each last month and spent $26k, but made over $6k the first 30 days, would have been $5k if not for increase in ZClassic. If mining dies today, I can sell my one month old cards for 80% what I paid at minimum meaning I’m well past breakeven so I have no risk and will ROI with in 4 months. Best investment I made.
@UFDTech
@UFDTech 6 жыл бұрын
+Big A If mining dies, I highly doubt you'll be able to sell for 80%
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
I'm thinking $100 for an RX 4/580 card. If you think that's stupid, I bought several RX 470 cards when mining was still pretty good for $140 each (bought them from a miner). If it crashes, I fully expect to be selling those at $80. However, if they go lower than $50, my plan is to try to beat the Firestrike 4x RX 470 records with some LN2 fun!
@BigtimeBigA
@BigtimeBigA 6 жыл бұрын
That was an apocalyptic worse case scenario if market literally died overnight which I don’t think is even possible, it would take months to collapse at worst. That said. 80% for a 1month old card should be doable even if the market is flooded, especially for a brand new card that I’m using 1070ti, heck I may still be able to return them for a store credit at that point. I was just making the point that compared to any other investment, cards resale right now for like 90% to 100% of cost as you pointed out, so after less than a month or so you are basically at a breakeven point. As an investor in Real Estate, stock market, bond market, bullion market, numismatic, and so on....I was just discussing the risk assessment of investing in a gpu miner. In 41 days, I am at $7433 made and can right now sell my 1070ti’s on eBay for more than I paid, not many investments will do that, in fact, I’ve never seen anything like this. In another like 23 days, I will be at 50% ROI, that means to get to losing money on my investment, I would have to not be able to sell a 2 month old top of line 1070ti for $250, I don’t care how flooded the market is, there is still a video game market that will buy. GPU rig is a solid investment, not risk free, but one of the lowest risk investments I have ever made.
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
I wouldn't pay over 60% for a used card (wouldn't even give 80% for a new in sealed box, there is no warranty from the manufacturer). You should be able to get $200 for the 1070ti, but maybe not. If someone with several million dollars worth of cards is near your country and starts selling a thousand 1070ti cards, then that alone will drop the price to dirt cheap. Also when Volta comes, it will drop prices. Historically, the __70 is on par with the Titan of last gen, so ~$350 cards matching $1k cards of last gen (and the $350 card is new with warranty). I'm expecting slightly over that, maybe $500 for my new Titan Xp collectors edition, mostly due to Star Wars fans wanting it (possibly just as a decoration piece, which is what I will do if it dies, or give it as a display gift to my uncle who is also a big Star Wars fan for his memorabilia shelf in his office). I'm not banking on any resell value though, it may end up as a trophy/reminder to always be careful (will set next to my sub-zero killed AMD card).
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
I'm guessing RX 570/80 cards. He said $26k for 40 GPUs plus 4 mobos, ram, PSUs, etc. That's leaving about $400 per GPU. Its possible they are GTX 1070 though. Either way, I'm guessing $100 to $150 after mining crash (like I said, $140 for my RX cards even when mining was good).
@MrMalditor
@MrMalditor 6 жыл бұрын
Slowly adding GPUs to your systems is probably the safest method, at least as I've found. Which is pretty much necessary given finding a GPU at a reasonable price can take awhile. I got a 1070 ti for 519 which is a bit inflated but reasonable, and right after I bought it *limit 1 :-)* the price went up to 899... The price of GPUs is outrageous to be completely honest.
@TheXiguazhi
@TheXiguazhi 6 жыл бұрын
its the only method at the moment...good luck finding 6 cards ont he market to get started.
@KelvinKMS
@KelvinKMS 6 жыл бұрын
Never wait or you will never find one anymore or you need to pay insane price :)
@paulvenneman7539
@paulvenneman7539 6 жыл бұрын
that's because nvidia is switching factories to a new chip.
@kracin
@kracin 6 жыл бұрын
i literally just got 6 1060s at 250-300 (250 for 3 3g, 300 on the 6g ones).... put my system together a few days ago...... no stock anywhere anymore for a decent price now...
@MrMalditor
@MrMalditor 6 жыл бұрын
Yeah, even those prices are little high for those cards, but decent enough that they should still RoI in a decent amount of time. I understand supply and demand, but the prices right now are closer to gouging than anything legitimate.
@roadtoallah3091
@roadtoallah3091 6 жыл бұрын
please let me know with GTX 1070 ti , how much it gains / day ? i have 6 graphic cards and need to know how much does it gain / day ? thank you
@AlexManMe
@AlexManMe 6 жыл бұрын
Which OS will be best to mine on? is Windows better now? I haven't experienced bluescreen for the last year or so using Win10
@TheEkkas
@TheEkkas 6 жыл бұрын
Another major issue if you want to go bigger is power availability (apart from price). In RSA most homes have 63A max. Depending on the hardware OFC, let's work on an average of 5-6A for an ASIC machine or 6-8 card GPU miner. So if your house is using 40 AMP peak times (think geyser, kettle, washer all working simultaneously) then you cannot add more 3 or 4 miners. It get worse; wall plugs or groups of plugs have 20A breakers, so putting 2 miners in the same room can easily start tripping some switches if there's anything else on those circuits. Then you start to lay leads from other plugs to keep the noise contained in one room and you have fire-hazard issues with hot wires and plugs. So as great as mining is, you can only go 'so big' at home.
@UFDTech
@UFDTech 6 жыл бұрын
+Anton Ekermans Good thoughts. Was gonna put that in, but cut it due to time constraints.
@brandonbilodeau7853
@brandonbilodeau7853 6 жыл бұрын
Thats why you hire a electrician to check to see what is plugged into what and to see if you can upgrade your circuit breakers to higher ones or add a circuit breaker with a run thats only for your mining machines like i did.
@TheEkkas
@TheEkkas 6 жыл бұрын
Was gonna put that in, but cut it due to time constraints. :P Unfortunately our municipality cannot upgrade beyond 63A single phase(residential) or 128A 3-phase(business/industrial) unless you install a substation @R280000 (23000USD) to get (I think it was) 500A.
@frederikvanreusel
@frederikvanreusel 5 жыл бұрын
sell your house and buy a giant mining rig edit: and buy a box to live in
@sanjaysonakiya7328
@sanjaysonakiya7328 6 жыл бұрын
My windows 10 is not letting me use the 6 cards for some reason....... Should I reset Windows?...... And should I plug gpu before installing or after installing Windows 10? Any help would be appreciated.
@geLokie
@geLokie 6 жыл бұрын
Were are the other parts of this series? "Intro To Building Profitable Mining Rigs - Part 1"
@Mrdsmith500
@Mrdsmith500 6 жыл бұрын
Could be worse, aka KODAK!
@Jojo_The_FlyingFoodie
@Jojo_The_FlyingFoodie 6 жыл бұрын
what protocol do you think the evga nvidia 1080ti mines the most efficiently
@colony391
@colony391 6 жыл бұрын
I might be having the same problem with a riser. How did you figure it out? Is there a test method for risers?
@toitoi8730
@toitoi8730 6 жыл бұрын
LOL I knew sooner or later a finger was going to go into one of those fans.
@DanielsGameVault
@DanielsGameVault 6 жыл бұрын
"keep energy consumption to a minimum"...sticks RGB leds in it :))
@owaynemarshall3769
@owaynemarshall3769 6 жыл бұрын
Got a question, is it each gpu that makes roughly $10 per day or all 6 together?
@salvadorfilms
@salvadorfilms 6 жыл бұрын
G'day from Australia. I've been really enjoying following you're channel. Its really well produced. Could you tell me, how much time do you put into maintanace of your mining rigs. Or is there a video on this that i have missed. And what do you think about the crashing prices. Its seems like its bursting right? Im new to all this so i appreciate the effort you put into your vids. Cheers. Look foward to your response. Killa work dude
@Ncloud
@Ncloud 6 жыл бұрын
I'm just hoping when this dies down ebay will be full of cheap gpu's. Eventually some new technology will come up and make gpu mining obsolete (that isn't asics) I hope!!!!! But whatever i bought an rx480 8gb at $220 for a flash deal in late 2016. But for the low end gamers they're pretty much screwed. I think crypto-mining in the long run won't go anywhere this is sticking around and it's part of innovation.
@jimmycoin9965
@jimmycoin9965 6 жыл бұрын
Eduardo Navarrete people will mive to other coins, eth wants to go to staking. magi coin can be mined with raspberry pie.
@lazar2949
@lazar2949 6 жыл бұрын
Yes, agree with you. Mining is here to stay.
@kenbee1957
@kenbee1957 5 жыл бұрын
I'm dying right now 🤣🤣🤣🤣🤣🤣
@CryptoTchaps
@CryptoTchaps 6 жыл бұрын
Excelent video, man! Here in Brazil the electricity is really high, like 28 US cents kWh but the us dollar is 3 times more, so, my 8 dollars per day is more o less 30 Brazilian Reais, very lucrative! Cheers!
@muhammadah6850
@muhammadah6850 2 жыл бұрын
28 cents?? Same like England
@austinp123
@austinp123 6 жыл бұрын
Can you start with 2 gpus on a motherboard that supports 6 and slowly add gpus until you have 6 or is this problematic?
@joshuadykesss7942
@joshuadykesss7942 6 жыл бұрын
I'm a newbie interested in getting involved. Would you suggest now or should I wait? How much would you suggest on a initial rig?
@brush120
@brush120 6 жыл бұрын
Production quality through the roof. Love it
@flowild
@flowild 6 жыл бұрын
12 cents per kWh. *laughs in european*
@amaanq8649
@amaanq8649 6 жыл бұрын
Orange ew Europe
@tatzecom
@tatzecom 6 жыл бұрын
I got you, comin in at 25 cents per kWh here in good ol germany
@77garga
@77garga 6 жыл бұрын
0.05 EUR per 1 Kw in south east europe :)
@amaanq8649
@amaanq8649 6 жыл бұрын
tatzecom rip and I thought 18 was bad for nyc
@nickwagner9339
@nickwagner9339 6 жыл бұрын
28 =(
@erinbranham6798
@erinbranham6798 5 жыл бұрын
If you do start out with a smaller rig, could the components be repurposed into a larger rig once the additional resources are available?
@sgutierrezcruz
@sgutierrezcruz 6 жыл бұрын
One question, what do you think would be better to buy, 2 RX580 or 1 Vega? asuming is the same cost
@UlizardMeraptor
@UlizardMeraptor 6 жыл бұрын
I forgot why I don't look at comments on the content I actually like - so many dumb/cringy statements.
@meanstreak110
@meanstreak110 6 жыл бұрын
Miner MerMan i found your comment to be cringy. why? . You sir, are a weak minded guy because you're too stupid to actually care what u read. then...u actually commented that u are fed-up with other's dumb statements, when in fact your statement is stupid. WELL DONE U WEAKMINDED GUY.
@critical_unknown
@critical_unknown 6 жыл бұрын
And you have a bite...
@UlizardMeraptor
@UlizardMeraptor 6 жыл бұрын
meanstreak110 I feel like I just made an observation more than anything. But I respect your will to feel empowered buy trying to belittle someone else... like I didn't even say op is a phaggot or anything 😂. Find righteousness in a real cause and you might have something real to say one day.
@skage5136
@skage5136 6 жыл бұрын
just a riser that was faulty? you where lucky man, thats nothing
@antoniogoncalves705
@antoniogoncalves705 6 жыл бұрын
UFD i need t know one thing did you paid for the wibdows for you mining rig if not where can i get a free one and how
@moray8882
@moray8882 6 жыл бұрын
I have one question, i hope somebody will answer me)) Well i bought myself some GPU's and my rig is already running for like 2 weeks or so. I played around with overclock settings and set the power to approximately 70% power. My question is do my cards achieve lower results when mining with lower power?
@Joe_BTC
@Joe_BTC 6 жыл бұрын
71 k subs lol i was here at 40k like 3 weeks ago insane growth
@deekdouglas3055
@deekdouglas3055 6 жыл бұрын
Couldn't help but laugh and nod in agreement at the whole first part :D It's still the best hobby ever though lol hopefully in a few months can start to call it my second job.
@connor6683
@connor6683 6 жыл бұрын
Deek Douglas Mining cryptocurrency is not a hobby.
@deekdouglas3055
@deekdouglas3055 6 жыл бұрын
anything you enjoy can be a hobby, depends how you wanna see it, to me it's my hobby and i love it. . . .
@justacooldudeuknow28
@justacooldudeuknow28 6 жыл бұрын
I wouldn't call it a first job. Much less a second job. Lol. All Bitcoin has to do is tank.
@ROMORoo7
@ROMORoo7 6 жыл бұрын
Deek Douglas:: so how much you make PER-DAY to say it's worth it??????????????
@yorickaname9475
@yorickaname9475 6 жыл бұрын
Why would I want to call it your second job?
@antoniogoncalves705
@antoniogoncalves705 6 жыл бұрын
UFD do you recomend for me vega 64 for monero mining. I wanna buy 2 vega 64 but i wanna know if it is a cool card!!
@MrSupergiga
@MrSupergiga 6 жыл бұрын
im looking for a answer to this. how long do 4gb cards have for mining do to dag increase????
@ashtronomic7738
@ashtronomic7738 6 жыл бұрын
Hey Brett, we miss you :(
@UFDTech
@UFDTech 6 жыл бұрын
+Ashley Chetty Y tho? Been releasing a video every day. 😁😁😂
@ashtronomic7738
@ashtronomic7738 6 жыл бұрын
appreciated
@UFDTech
@UFDTech 6 жыл бұрын
+Ashley Chetty Haha, maybe tonight.
@Barnacules
@Barnacules 6 жыл бұрын
My 8 GPU Ethereum mining rig paid off all it's graphics cards in 5 months. #Winning #FreeGPUs
@caymanhilldesigns453
@caymanhilldesigns453 6 жыл бұрын
Mine did it in 3 days!!! burn.
@TampaTomorrow
@TampaTomorrow 6 жыл бұрын
Would you be so kind to share your mine rig pc specs like what GPUs did u use with what other parts?
@reverendaero
@reverendaero 6 жыл бұрын
I believe he did a video on it, should be up on his page somewhere
@dendogodnedmars2611
@dendogodnedmars2611 6 жыл бұрын
its mostly the coin that you mine . you gotta hit the right coin at the right time
@artmanrom
@artmanrom 6 жыл бұрын
lmfao
@pflicht4051
@pflicht4051 6 жыл бұрын
Watched quite a few of your videos... The dramatics are a bit much but you always bring real info to the table. This video did it for me. No BS. Just exactly how it is. Subbed. Thank you and keep up the good work :)
@egaprianto5360
@egaprianto5360 6 жыл бұрын
I recently started mining with 6x rx570... and these are the exactly stressfull workload that i experienced, except for the noise (because all my rx570 run on my third floor (storage room).. and the fan only spinning @ 2300rpm.. with stable temperature at 65 celcius
@leonphelps
@leonphelps 6 жыл бұрын
Just got into mining about a month ago with my measly RX 570. Making about $3-$4 per day mining ETH. Idk...the troubleshooting and optimization was kinda fun and a learning experience
@sandorychicken4361
@sandorychicken4361 6 жыл бұрын
leonphelps I just started mining one month ago with a single 1060 3gb and I’m earning £4 a day
@sandorychicken4361
@sandorychicken4361 6 жыл бұрын
Christopher Obel i was mining musicoin but recently the prices have dropped so now i am mining zcash but i still make the same amount, if you want to mine any equihash algorithms like zcash, musicoin, etherium etc.. i recommend that you use claymore dual miner it isnt very hard to use, you just have to create the batch file and run it. Also you can dual mine equihash coins on it as they dont use all the gpus power
@mitchg6134
@mitchg6134 6 жыл бұрын
how much did your setup cost?
@KelvinKMS
@KelvinKMS 6 жыл бұрын
I was fast enough to get my two GTX 1080Ti for $859 each.
@UFDTech
@UFDTech 6 жыл бұрын
+Kelvin KMS Very nice! Still expensive tho.
@tropicalvacationsrentals6803
@tropicalvacationsrentals6803 6 жыл бұрын
Hey, regarding profitability will it make sense investing in just 1 mining device?
@Petemascari
@Petemascari 6 жыл бұрын
Thanks for the video. I recently got into mining and experienced similar problems but I think that is part of the value is learning. I am enjoying my mining very much, it's like having a digital child that just wants to stay cool and rest about 3 minutes a day lol. I'm averaging 31 mh with 1070's for daggerhashimoto was wondering if you were using 8g or 4g rx 580 to attain 30 mh? Thanks
@kaosapprentice
@kaosapprentice 6 жыл бұрын
Yeah running AMD and Nvidia in same rig Omg almost every morning I wake up one of the software is offline ugh but while I'm at work I use TeamViewer ever hour and make sure they're still mining away... heat atm not a problem it's 20 degrees outside cards sitting at a cool 45 to 58 summer is going to be rough though but I don't pay for electricity so ac all day erday lol
@TheEkkas
@TheEkkas 6 жыл бұрын
Everyone discourages it, but I've mined stable in the past with Nicehash Legacy app and mixed AMD/NVidia
@jimmycoin9965
@jimmycoin9965 6 жыл бұрын
kaosapprentice its stable for me, i just ckeck the pool url to see if its mining
@bloodhuntersoulvortex9201
@bloodhuntersoulvortex9201 6 жыл бұрын
i kinda dont agree that it isnt that easy,recently i built a six gpu (r9 280xs) rig for 800 dollans, been mining zec for 2 months now and i have allmost all of the cash initialy spent on it mined in Zec.
@UFDTech
@UFDTech 6 жыл бұрын
+Bloodhunter Soulvortex Bruh, most people aren't legends like you.
@bloodhuntersoulvortex9201
@bloodhuntersoulvortex9201 6 жыл бұрын
hahah fair enough Brett
@bloodhuntersoulvortex9201
@bloodhuntersoulvortex9201 6 жыл бұрын
Bob Freeman ebay ofc
@kenabartholomew5777
@kenabartholomew5777 6 жыл бұрын
Can we use the heat in a room and transfer it back to renewable energy as the electricity for the rig? Just a though
@fragwaves
@fragwaves 5 жыл бұрын
i already own 1080 gtx ti and im getting 2 more for free next month for my bday and i dont pay electricity in the family house. do you still recommend that?
@fragwaves
@fragwaves 5 жыл бұрын
PS: Electricity is very cheap in kuwait
@Rodrigo8
@Rodrigo8 6 жыл бұрын
Okay now I have to set speed 0.75, forced UFD undervolt.
@UFDTech
@UFDTech 6 жыл бұрын
+Rod Bruh, you gotta learn how to just handle the overclock.
@christoph8200
@christoph8200 6 жыл бұрын
shesh, i only spent $1,100 on my rig i just built last week. running x4 1060's and its making me $14 a day. Spend more = make more per. day. Spend less = less per day. Just go with what your budget can allow. Remember each rig can usually pay itself off in 2-3months so thats your risk timeline.
@KelvinKMS
@KelvinKMS 6 жыл бұрын
Right now you can get only two 1060 and earn $10 per day because Bitcoin price drop !!! and it should be 4+ months include elect bill.
@christoph8200
@christoph8200 6 жыл бұрын
mine are 3gb :( only ones i could get at a reasonable price.
@KelvinKMS
@KelvinKMS 6 жыл бұрын
If you buy GPU now, you will need 8~9 months to pay off !!!
@christoph8200
@christoph8200 6 жыл бұрын
Meh, just gotta know what to mine. I stick to Zcash. It goes up and down daily but usually hits 700$ everyday. Sell then.
@christoph8200
@christoph8200 6 жыл бұрын
Um no, they had the option to buy them just like I did.
@luisrodriguez4505
@luisrodriguez4505 6 жыл бұрын
you doing a great job with this channel I will deff like the video and keep up the great work I will be starting my rig in 1 weeks time just waiting on parts to come in what is the best way to reach out to you if I have any questions?
@thefaeryman
@thefaeryman 6 жыл бұрын
what is being calculating on the gpu?
@crankygamesnl
@crankygamesnl 6 жыл бұрын
Im so happy I got paid out Before the bitcoin drop
@UFDTech
@UFDTech 6 жыл бұрын
+Cranky GamesNL Well done.
@DanHughesNC
@DanHughesNC 6 жыл бұрын
Oooooo.... let me guess.... #1 Reason....because there ain't no way in hell you're getting a video card faster than a toaster oven for less then $1000?
@UFDTech
@UFDTech 6 жыл бұрын
+Dan Hughes Lololololol
@OrangeBroom
@OrangeBroom 6 жыл бұрын
My $235 3 gig 1060 can mine about 90-95$ worth of ETH per month
@UFDTech
@UFDTech 6 жыл бұрын
Yeah, no chance you're getting that for $235 right now.
@OrangeBroom
@OrangeBroom 6 жыл бұрын
UFD Tech You are in Croatia if you get it used ;) But how come you still aren't verified tho?
@UFDTech
@UFDTech 6 жыл бұрын
+Orange Broom What's the point of being verified?
@austinkramer2175
@austinkramer2175 6 жыл бұрын
Minning in South Africa is so hard compete with the heat and struggle to get parts but it pays of well if you are patient
@Kaelygon
@Kaelygon 6 жыл бұрын
Wow, you have gotten 71k subscribers, just a while ago you were around 10k. Keep up the good!
@PunkRitesh
@PunkRitesh 6 жыл бұрын
I started with 1 GPU and now I have 3 and 4th is on the way.
@mitchg6134
@mitchg6134 6 жыл бұрын
did your mining rig pay for the new gpu's?
@PunkRitesh
@PunkRitesh 6 жыл бұрын
mitch gams not completely. The time I started, my GPU had ROI of around 2 and a half months but I bought other one in 1 month. Currently, ROI is around 5-6 months and don't even bother to calculate for a new GPU right now because it will take you more than a year to get that money back with current difficulty.
@mitchg6134
@mitchg6134 6 жыл бұрын
do you think it would be foolish for me to jump on board? I've been giving it some serious thought. I found a source for 4 RX 580 8gb for $1300 (seems a bit steep best i could find) I have no other equipment I'd have to start from the ground up.
@PunkRitesh
@PunkRitesh 6 жыл бұрын
mitch gams We can't predict that and assumptions never last. GPU prices are rising day by day and there is no chance in hell it will lower down. Unless Nvidia and AMD start focusing on mining industry and mass producing current GPU lineup. But that won't happen, especially in the case of Nvidia. With current market bloodbath in mind, I think 4 RX 580s is a fair deal for $1300. For other components, it won't be much of a trouble. Go with Asus Z270 Mobo, Intel Celeron, 4GB RAM, and a good power supply. Storage is not an issue. You can even run your rig using a USB drive with Ubuntu installed.
@vvvRASvvv
@vvvRASvvv 6 жыл бұрын
this guy looks like paul walker a lil bit
@UFDTech
@UFDTech 6 жыл бұрын
+SolarVoid Get that a lot.
@Ncloud
@Ncloud 6 жыл бұрын
He looks like Jesse from the first movie, but not Paul Walker.
@kenbee1957
@kenbee1957 5 жыл бұрын
You should give up on getting GPUs and invest in a pair of glasses
@pjnicolas3595
@pjnicolas3595 6 жыл бұрын
What is the gpu again? Is that rx 580 black edition? Radeon?
@NoNAME-qi9tq
@NoNAME-qi9tq 6 жыл бұрын
I'd like to do this for protein folding as a hobby. I know it's nothing in money for the return, but is there good software for this endeavor? Would it be about the same set up for crypto minning?
@judsonupchurch3544
@judsonupchurch3544 6 жыл бұрын
He probably made this video so less people are mining and more profit for him.
@UFDTech
@UFDTech 6 жыл бұрын
+Judson Upchurch Discovered my true plan.
@Jigawly
@Jigawly 6 жыл бұрын
STFU that's the plan
@doriangray2347
@doriangray2347 6 жыл бұрын
Lol you're the best. I have a 1070ti, and two 1080tis. I can't find any other cards.
@zacks2666
@zacks2666 6 жыл бұрын
Yeah it's sad I just built mine and planned to flip a rig and buy more. So i started with 11 rx570s and 6 1070ti's, now I have 5 570s and can basically only buy back what I had before because of this price rise. Even the computer shop that ordered me the original 11 no problem can't get one for less than $400 to them $470 to customers
@AndrewVillarrealBTC
@AndrewVillarrealBTC 6 жыл бұрын
Hey just stalk Amazon microcenter Fry's and neweeg Microsoft like every 30 minutes I've been able to buy 3 new 1080ti for less then 729
@MRFLUFFYYT
@MRFLUFFYYT 6 жыл бұрын
I saw an asic d3 for £500 on gumtree (including a power supply) is this a deal that is too good to be true? I see them normally going for £1,250z
@I_HATE_PCI_AUDITS
@I_HATE_PCI_AUDITS 6 жыл бұрын
Probably has half of its normal hashrate or something is definitely damaged
@-JonnyBoy-
@-JonnyBoy- 6 жыл бұрын
I burst out laughing at the antminer blasting away cause i had my sound up and again when you put your finger in the fan lol
@attarsanahresources5540
@attarsanahresources5540 6 жыл бұрын
I want to see zebras
@UFDTech
@UFDTech 6 жыл бұрын
+Attarsanah Resources No. Not til CES next year.
6 жыл бұрын
No. 2k for one 6gpu rig is my max and I say this after buildin about 20 atm. Luck has nothing to do with this. Except share/block solving luck. The rest is skill.
@UFDTech
@UFDTech 6 жыл бұрын
+Pașca Alexandru Ok.
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
You know the gamers can buy a 1080 ti SLI for 4k gaming and mine with it over night to have a free upgrade right? Just saying, you can get almost anything you want as a gamer (making 4k gaming possible) if you use your head and play around with cryptocurrency. Also note, in about a year, or whenever mining tanks, budget gamers should be able to buy super cheap 1080ti cards, pretty much ending the point of consoles and getting everyone into PC gaming. Whether that's good or bad, I hate consoles and the low FPS with non-tweakable settings. But as always, never invest more than you are willing to loose (If I was rich, I wouldn't put all my money in the US dollar, the Euro, or in any single currency, it would be diversified. When China says it wants its 18 Trillion dollars back, the US dollar will tank to worthless, and we saw what happened to the Euro. "Let me just spend my old Aztec coins", all money fails, every single Fiat money does too. I'm also a coin collector and enjoy looking at currencies that were disconnected and now worthless as real money, like the wooden pennies from the US to some beautiful Chinese currencies. I don't actually have Aztec coins though, that was my joke showing how the civilization came to an end)
@blahblah7720
@blahblah7720 6 жыл бұрын
I am just curious how you can make $1200 back overnight with mining????Peoples with entire shed dedicated to it make around 1200 a day.
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
I was making a little over $5 per card (and over $4.50 per RX 470 running only 80% speed), and over $6 a day per R9 Fury (I have 2 in my gaming machine) a few days ago. Cryptocurrency took a nose dive since then, and its a lot lower, but its still not super low. For $1200 a day, which was NOT said by any miner, if you can get realistically $3 per card, then it would be 400 cards (now, $3 is kind of low sometimes, so that would definitely more than account for electricity on decent days, but I can't claim to predict the future, so I'm picking just a reasonable number)
@Richard-r7u6c
@Richard-r7u6c 6 жыл бұрын
I've got 1 rx 470, should I not even bother looking into this? hah. Bit late to the party, but I certainly don't want to buy a seriously inflated gpu
@yologaming633
@yologaming633 6 жыл бұрын
Anyone can answer me? In my country 1$/kwh is that cheap or expensive?
@TheFiberForge
@TheFiberForge 6 жыл бұрын
Yeah i totally just got into mining before the crazy gpu spike. At what price would it make it un profitable to mine btc? My 3 card gtx 1080 rig was bringing in 20-18 on nice hash but since this recent dump its now 16-13.
@UFDTech
@UFDTech 6 жыл бұрын
+AlphaGames The price of BTC isn't that important for GPU mining. Things were this profitable back when BTC cost $2500. The ratio of alts to BTC & difficulty of mining of the coin are the most important factors.
@TheFiberForge
@TheFiberForge 6 жыл бұрын
What should i be mining using gtx 1080s? Is nicehash the most optimal? Or should i check out a more specific mining pool? Im testing zcash atm with nanopool.
@mnovo
@mnovo 6 жыл бұрын
Bitcoin is on sale today. Did you buy? lol
@jotbot1
@jotbot1 6 жыл бұрын
Hahaha
@mostmug
@mostmug 6 жыл бұрын
Ha I remember a time when you thought only AMD cards could mine... turns out nvidea was really the better cards...
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
Hey, I just bought a Titan Xp, any tips? I do have experience tuning and an extreme overclocker with AMD cards, but I've literally never messed with Nvidia before. I also have some AMD cards mining right now, but I have no experience with Nvidia, recommendations or tips are always welcome. Cheers!
@markw496
@markw496 6 жыл бұрын
Actually Nvidia is superior for Eth due to higher efficiency or less power usage. It is not better in terms of $/hashrate though.
@-JonnyBoy-
@-JonnyBoy- 6 жыл бұрын
Higher efficiency doesn't equal more profit though.
@markw496
@markw496 6 жыл бұрын
It does if your electricity is high or asking of higher electric requires more $$. But of course everything depends on your situation. As mentioned earlier, it is not the best for $/hashrate.
@anthonyferber8361
@anthonyferber8361 6 жыл бұрын
equihash for the titan xp
@DeadlyVenomKing
@DeadlyVenomKing 6 жыл бұрын
Have u made vid on no riser motherboards. Just full connection to a full pcie slots board
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
So I just bought a Titan Xp and have no idea on Nvidia tuning and mining (I'm a highly experienced AMD overclocker and tuner, and I have several AMD cards mining right now). What are some tips for Nvidia cards right now? Vram timings BIOS flash possible? what max temp should I be running for it to last 3 years? (bought the SW Empire collectors edition for the looks, but I can water cool it, even my AMD cards are getting water cooling soon)
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
Normally (before mining, just gaming), I upgraded 2x per year on average since 2015. My cards before mining (first computer built in 2015) X1300 (dead, monitor blew up GPU. So much power it tripped house mains breaker 3x before I realized what happened, RIP) Fire GL-V8650 R9 270 (dead, sub-zero cracked solder joints it at over 50% overclock it did great, 25% OC on air) R9 270X (dead, DOA, blew up my TV's HDMI ports with bolts of lightning, so much for "used" condition.... my first GPU ever) R9 Fury R9 Fury 2x HD 8450 (friend gave me these because I like messing with everything, 1 is now my "water cooled potato" on my test bench) Cards I've bought since mining 4x RX 470 Titan Xp collectors (Empire edition, what can I say, I'm a big star wars fan! Will also be for Cuda rendering and probably my new 4k gaming card)
@0hN0es203
@0hN0es203 6 жыл бұрын
No bios flash with NVIDIA. You just need Afterburner. You can set everything with that.
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
Ok, I didn't think you could flash new Vram timings into the BIOS like AMD (or unlocking cores, but I think the Titan is the full unlocked chip anyways). Probably won't have to mess with power limits since its a reference blower type (my RX cards I flashed to 300w limit since I know what I'm doing with AMD). I've heard GPU boost is a pain and ignores settings, but I'll just have to look up some videos. Thanks Holland Griffis!
@TheGriffin200
@TheGriffin200 6 жыл бұрын
The only tip for Nvidia cards is to get the 1080ti over the Titan XP unless you are some sort of professional... unless you are you just wasted 500$ for 3% more performance
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
Titan was actually cheaper for me at the current time. So it was either a GTX 1070ti, or a Titan Xp collectors edition (and I'm a big Star Wars fan) at the same price. The decision was not difficult to make between those. Its bad when a Titan is reasonable.... Otherwise I'm like you and laugh at the idiots who would pay almost double for a 3-5% performance difference, like you have to be some kind of complete idiot to think that's a good deal! I do run professional CAD applications (and other small stuff like Vegas Pro), but the Titan is a gaming card. Nvidia keeps changing their mind, but its definitely gaming. The $6000 Quadro version of this card is the professional card running ECC memory and the pro drivers, the Titan runs regular Geforce gaming drivers (I think, I'm going to reinstall Windows clean on my new SSD when I plug the Titan in, its sitting in the display case on my desk). So the Titan is consumer (like they don't want the Titan V in servers, but what consumer needs Tensor cores for AI at home? Like seriously, WHO?)
@yaron3479
@yaron3479 6 жыл бұрын
I started with 20 1080 TI rigs 😂😂⛏
@FrederickNZ
@FrederickNZ 6 жыл бұрын
How much is that pulling in mate?
@yaron3479
@yaron3479 6 жыл бұрын
Freddie Hope we are a a Little company, so it’s okey to invest 20‘000 CHF 👌👀
@jakegarrett8109
@jakegarrett8109 6 жыл бұрын
I think they meant, how much profit per day are you making, not how much it costs.
@stoneyvision8645
@stoneyvision8645 6 жыл бұрын
Got 10 Sapphire Radeon’s $280 a piece, 2 Sapphire 580’s for around the same. That reminds me anybody wanna buy a Quake Champions Pack? Super cheap I got them with the cards. I think I have 5 left. PayPal only.
@maxherman11
@maxherman11 6 жыл бұрын
Same here, I have 20 rigs with 8 cards each
@illmatic6789
@illmatic6789 6 жыл бұрын
Bitcoin is dropping to hell . :3
@sippe3985
@sippe3985 6 жыл бұрын
correcting to a price it deserves... bitcoin sucks now, unusable
@lucasrem
@lucasrem 6 жыл бұрын
Blind Mantis what do u run yourself?
@motoktips3024
@motoktips3024 6 жыл бұрын
Its because of asias new year, people converted to fiat to buy presents etc.
@mrwizardlizard965
@mrwizardlizard965 6 жыл бұрын
I Sold at 19000 and reinvested in a 1070ti before they sold out
@rustyshackleford5668
@rustyshackleford5668 6 жыл бұрын
Bit coin is not mined with GPU...
@nyakarundi
@nyakarundi 5 жыл бұрын
So what other currency that are very profitable to mine?
@CryptoAdventures
@CryptoAdventures 6 жыл бұрын
What do you think of vega64s?
@ravenasigh4539
@ravenasigh4539 6 жыл бұрын
Hello, how long does it take to deliver to Johannesburg?
@Codethier
@Codethier 6 жыл бұрын
Why would u put 1080 tis in there?... 1070 or 1060 6 gigs
@UFDTech
@UFDTech 6 жыл бұрын
+Balthier 1080 Ti's are just as profitable per price.
@decilciousgraham2658
@decilciousgraham2658 5 жыл бұрын
Will 2 rtx cards do good with nlink??
@ElGranBatuca
@ElGranBatuca 6 жыл бұрын
I'm buying whatever cards I find available. Any thoughts on multi-GPU mining?
@zhammer2237
@zhammer2237 6 жыл бұрын
@UFD TechHello, I have an Asrock x299 Taichi and am unsure of what drivers to install. Thanks if you reply. Also, I subscribed.
@brandishwar
@brandishwar 6 жыл бұрын
This is actually where investing in water cooling can be to your benefit. You don't need to go all-out, especially since full-cover blocks for many of the cards are not available. But with "universal GPU" blocks, decent radiator capacity, and a decent pump, you can probably have a system that will run very cool and quiet. At least the cards will run cool. The room it's in, however, will most certainly not stay that way. Another alternative to have a cool running rig is to follow what DIY Perks did to take a CPU cooler and attach it to the mining card. This can allow the system to run very quiet with the cards still staying very cool - possibly much cooler than the stock cooler depending on the CPU cooler you decide to use.
@lostcowboy5
@lostcowboy5 5 жыл бұрын
can they be used as a video rendering server???
@ericoliver1603
@ericoliver1603 6 жыл бұрын
I bought a 1060 at 220 last year around September... what the hell? did the price Spike happen overnight?
@BackToRootz
@BackToRootz 6 жыл бұрын
Thank you for the objective view on building rigs. Everybody tempt to hear the advantages of doing some risky thing :-)
@Idrian10
@Idrian10 6 жыл бұрын
It serves me very well while trying to live in Venezuela, I started with a r9 270 last year and with the ethereum pump I managed to build my rig.
@edknapp3559
@edknapp3559 6 жыл бұрын
Love your video! What do you feel is best mining software? Why .(Sound off everyone)
@ethanmcinnes4562
@ethanmcinnes4562 6 жыл бұрын
Great video. The info about the 5x1080ti rig is spot on.
@MHBGT
@MHBGT 6 жыл бұрын
Why did you sell the Vegas? After undervolting, I can keep the fans at a tolerable level, temps at 59C. $10/day on average with Cryptonight.
@masonsmith5478
@masonsmith5478 6 жыл бұрын
I can't seem to find the correct mining software 😑
@strider5402
@strider5402 6 жыл бұрын
lol i went away for 4 days left my pc on mining and i got back and turns out it mined for about 2 min and got stuck doing nothing for the rest of the time xD
@niklausweisskopf3062
@niklausweisskopf3062 6 жыл бұрын
THX. Amazing Video! I love your Channel in General! The Linus Reference is not out of Place, You are destined for Greatness. keep it up and dont let this get to your Head :-) I love the Wildlife Backdrops of SA. Im mining Nist5 @ 18 MH/s on a GTX 960.
@simopr09
@simopr09 6 жыл бұрын
Dude! isn't 30Mh/s for the Gtx 1080 Ti a little is too low? With Gtx 1070 you can get that hash rate.
@UFDTech
@UFDTech 6 жыл бұрын
+simopr09 You missed the part where we switched over to talking about 580's
@simopr09
@simopr09 6 жыл бұрын
You are quick ! I missed that.
@UFDTech
@UFDTech 6 жыл бұрын
+simopr09 😁😁😁
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