Computers & Electronics

Building a BITCOIN Mining Rig!

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  • May 16th, 2013 2:27 pm
Member
Mar 6, 2010
236 posts
60 upvotes

Building a BITCOIN Mining Rig!

Looking to build a bitcoin mining rig with a couple of 7950s/7970s. Can anyone give advice on the other hardware choices (motherboards, RAM, etc.)

I know the "currency" is extremely volatile right now but I got into bitcoins last year (luckily) and I want to have a rig running.

Thanks!
56 replies
Deal Addict
Mar 5, 2011
1061 posts
109 upvotes
spandexninja wrote: Don't. Mining difficulty is increasing rapidly due to ASICs and building a GPU rig for Bitcoins simply won't be profitable.
With ASIC's hitting the network will correct and the difficulity will skyrocket, so those 2-3 bucks a day you may make, will turn into 10-20 cents.
Deal Expert
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Oct 26, 2003
39293 posts
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Winnipeg
however LTC mining is a-okay, proceed with caution however, as the price of 7970 has been going up
Deal Expert
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Jul 22, 2006
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Don't do it

RFD / others talked me down from the ledgee

But to make some serious $, you need to get into quad SLI or crossfire rig (easily $5,000)

4x GTX 680 (~$460x4 = $1840)
1x P8Z77-V DELUXE (~$300)
Corsair AX1200 (~$330)

So $2470 before taxes & s/h :)

etc etc
Deal Expert
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Oct 26, 2003
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george__ wrote: Don't do it

RFD / others talked me down from the ledgee

But to make some serious $, you need to get into quad SLI or crossfire rig (easily $5,000)

4x GTX 680 (~$460x4 = $1840)
1x P8Z77-V DELUXE (~$300)
Corsair AX1200 (~$330)

So $2470 before taxes & s/h :)

etc etc
this guy have no clue what he is talking about
Deal Addict
Nov 20, 2006
1042 posts
314 upvotes
Vancouver
george__ wrote: I got my info from researching :( . They said GPU power was more important than CPU power (so I made a GTX 670 sli rig) but gave up due to crazy electricity bill/wear and tear on my PSU

For example
https://en.bitcoin.it/wiki/Why_a_GPU_mi ... than_a_CPU
http://www.pcper.com/reviews/Graphics-C ... iguration-
Nvidia GPUs are next to useless at mining. That's why you were called clueless.
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Jul 22, 2006
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iamzill wrote: Nvidia GPUs are next to useless at mining. That's why you were called clueless.
Awwwwwwwwwwwwwwwwwwwwwwww :9
Deal Expert
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Oct 26, 2003
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iamzill wrote: Nvidia GPUs are next to useless at mining. That's why you were called clueless.
:)

was going to highlight the GPU in his post but thought that would made it too easy hehehehehe
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Jul 22, 2006
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divx wrote: :)

was going to highlight the GPU in his post but thought that would made it too easy hehehehehe

Tunnel Vision :lol:
Deal Expert
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Oct 26, 2003
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op i will tell you everything i know about them coins (BTC, NMC, LTC) for few bitcoins if you are interested ;)
everything from market trend, hardware, power requirement, utility cost, miner configuration, wallet, financial transaction, bank transfer, payments and fees, pooling, stratum proxy, productions and revenue projection, etc. the whole process.
Sr. Member
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Oct 19, 2012
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Brampton
divx wrote: op i will tell you everything i know about them coins (BTC, NMC, LTC) for few bitcoins if you are interested ;)
everything from market trend, hardware, power requirement, utility cost, miner configuration, wallet, financial transaction, bank transfer, payments and fees, pooling, stratum proxy, productions and revenue projection, etc. the whole process.
It would be awesome if you could tell me too :P (mostly bout lite coins :lol :) please
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Bazinga11 wrote: It would be awesome if you could tell me too :P (mostly bout lite coins :lol :) please
op got into BTC last year while it was cheap so he must have some coins, I'd certainly like some for exchange of premium knowledge and support from an active world-wide team.
Newbie
Apr 10, 2013
5 posts
1 upvote
Mississauga
george__ wrote: Don't do it

RFD / others talked me down from the ledgee

But to make some serious $, you need to get into quad SLI or crossfire rig (easily $5,000)

4x GTX 680 (~$460x4 = $1840)
1x P8Z77-V DELUXE (~$300)
Corsair AX1200 (~$330)

So $2470 before taxes & s/h :)

etc etc

AMD works better with BTC mining.

Also, OP, right now mining is not going to do you much good. You will be losing out on money rather than making it (electricity bill/build parts).
Deal Fanatic
Nov 17, 2004
7309 posts
1672 upvotes
Toronto
You can get this for $300, https://products.butterflylabs.com/home ... miner.html, not sure if it is a real product or not. $300, 5Gh/s which is like 4 times what a 7990 can do, supposed to use under 5w from what I read.

I do not think any ASIC hardware has been reliably reviewed or confirmed not to be a scam yet, they are all supposed to ship either now or in a month or two. Seems too convenient that just recently BTC hit $250, alot of people must have put in pre orders for ASIC hardware motivated by the $250 figure, I have a feeling that the people behind the ASICs is artificially inflating the market to drum up huge pre orders and then just run away with the money.

Once ASICs are common place then BTC will be no different than any other currency, those few who have power (lots of money to buy or build ASICs) will control the market everyone else will just be pawns.
I workout to get big so I can pickup bricks and ****.
Member
Mar 6, 2010
236 posts
60 upvotes
I'm not buying this ASIC thing one bit! If they can make that many coins, why would the producers sell them? It sounds too good to be true, and it probably is!

And I'm not a bitcoin millionaire but I could've been! sucks but no one could've predicted what happened.
Deal Fanatic
Nov 17, 2004
7309 posts
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Toronto
David2144 wrote: I'm not buying this ASIC thing one bit! If they can make that many coins, why would the producers sell them? It sounds too good to be true, and it probably is!

And I'm not a bitcoin millionaire but I could've been! sucks but no one could've predicted what happened.
To be fair the whole concept of bitcoin sounds too good to be true, if you can swallow Bitcoin what is the problem with swallowing ASIC as well?
I workout to get big so I can pickup bricks and ****.
Member
Feb 21, 2012
461 posts
79 upvotes
NEWMARKET
David2144 wrote: I'm not buying this ASIC thing one bit! If they can make that many coins, why would the producers sell them? It sounds too good to be true, and it probably is!

And I'm not a bitcoin millionaire but I could've been! sucks but no one could've predicted what happened.
Well don't take our word of it
http://bitcoindifficulty.com/
http://mineforeman.com/2013/02/13/800-g ... -btcguild/
http://mineforeman.com/2013/02/15/67117 ... -at-2-ths/
http://mineforeman.com/2013/02/17/bitco ... ew-record/
FS: GW2 Rytlock figurine $30 http://forums.redflagdeals.com/guild-wa ... a-1277351/
FS: Persona 4 (PS2) + Okami (Wii) + PSP Games + misc accessories http://forums.redflagdeals.com/ps2-psp- ... s-1277991/

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