Case for ethereum mining rig

JustMyself

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That's where one of my block erupter cube still running ( about 3 years now) .

i'm thinking should I try and invest on one of the mining cube and place it at msia at my cousin place. But will be troublesome if i need to troubleshoot any problem.
 

JustMyself

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I am also intending to build one ethereum rig. Any official website to sign up? And estimate cost of the rig? Does more gpu gives better mining efficiency ?

I'm planning to build one and put in my company server room.

I think the problem now is the shortage of RXs card in the market. This is the main problem, i visit SLS that day saw a few guys hooting numerous of RX580.
 

lotr2000

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Mining ethereum needs power and space. Mining at home can be quite noisy and warm especially in SG's weather.

However, if i have a spare room, i rather mine ether than renting the room :)
 

nexenta

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@JustMyself yes it does. I have 4 rigs each of 6x 1070s and I am dual mining Eth+SIA/Pascal/LBRY with an ROI for GPUs of 5-6 months at the current ETH price. Who said is not worth it, has obviously no idea about cryptomining at all.
 

commach

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@JustMyself yes it does. I have 4 rigs each of 6x 1070s and I am dual mining Eth+SIA/Pascal/LBRY with an ROI for GPUs of 5-6 months at the current ETH price. Who said is not worth it, has obviously no idea about cryptomining at all.

The answer is yes, is profitable.

Please show us the transaction and profit and balance sheet on how much you earned (ROI) including the power bill before and after the mining begun. Hopefully, your parents are not subsidizing your mining activities on the power bill.

You don't dig a 2 months old thread just to post comment without any supporting information.
 

Krabs.

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MY residential electricity is 35 sen per unit (11 singapore cents) , SG is 22-24 cents
 

xtractor

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Please show us the transaction and profit and balance sheet on how much you earned (ROI) including the power bill before and after the mining begun.
gakuFxZ.jpg

As Commach reply

quit telling us all about that power surge,currency difference and mining build location.show us the profit and im interested to know and will start to invest on it too if it is that good
 

xtractor

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MY residential electricity is 35 sen per unit (11 singapore cents) , SG is 22-24 cents

if u profit and u convert it to SGD it minus to half in that way:s22:
Electricity pay eg Myr$100 convert Sgd$30
Profit u get Myr$400 convert Sgd$120
Shouldn't it be electricity bill is low but profit return is higher be more relevant to ur investment?
 
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terryhoho

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in china , they have factory SMALL as soccer field to do mining.
your mini rig can beat their economy of scale?
the ROI is low in mining.

if you think the price of these crypt coins will up. just buy and hold. at least u can ignore operation cost.
 

Krabs.

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if u profit and u convert it to SGD it minus to half in that way:s22:
Electricity pay eg Myr$100 convert Sgd$30
Profit u get Myr$400 convert Sgd$120
Shouldn't it be electricity bill is low but profit return is higher be more relevant to ur investment?
what are you talking about ... the cryoptocoins don't get magically devalued if u transact in different country
 
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