Please forward this error screen to 173. Please forward this error screen to 173. Please forward this error screen to 158. In this fifth and final installment of our Ethereum mining rig guide, I answer ethereum mining august 2017 common questions about setting up your own rig, profit expectations, and mining in general.
If you’ve read the rest of the guide and still have some unanswered questions, you might find what you’re looking for here. So how much money can I expect to make from mining, exactly? How do I convince my significant other that building a rig is a good idea? 580, or another video card entirely? Is it possible to pack more than that onto one motherboard?
Don’t I need more than 4GB of system RAM? A lot of other guides recommend more. Why do I need a 1200 watt power supply if I’m undervolting? Won’t I only be using 700-800 watts with 6 GPUs? And is it worth paying so much for a high efficiency unit? Can I utilize my mining rig for anything else while it’s mining? How much of my internet bandwidth will my mining rig use?
My rig won’t boot properly unless a monitor is connected—what’s up with that? I’m getting fan speed errors using the latest version of Claymore’s miner—how do I fix them? Isn’t Ethereum moving to proof-of-stake soon? Won’t that make our rigs obsolete? I have an old video card with 2GB of memory laying around.
Can I use it to mine ETH? Other guides say that you shouldn’t run Linux off a USB drive if you plan to mine ETH, because constant DAG file writes will quickly wear the stick out. Your guide says that a USB stick is ok for a Linux-based ETH mining rig. Just when I was about to reach 1 ETH at my mining pool, my balance went to zero! How do I keep my ETH wallet safe? I see that Claymore supports dual mining—what is that, and should I use it? Can I buy you a beer?
Your mining guide has been a huge help! Answers So how much money can I expect to make from mining, exactly? This is the question that most people are interested in. The answer is fairly complicated, and changes daily. A month before that, ether was trading at less than half its current value. The volatility in digital currency value is extreme—the price today could be very different than the price tomorrow. On top of that, the difficulty involved with mining a coin is also changing constantly.
Today, the rig depicted in our guide will produce nearly 5 ether per month. You can answer the question for right now by using a calculator such as this one. 400 per month from your mining rig. Remember to subtract 1-2 percent for your mining pool’s fee.
Subtracting another couple percent for downtime and other unexpected issues is probably a good idea, too. If the price of ether rises faster than the mining difficulty increases, then that profit figure will increase. Only invest what you’re comfortable losing, because losing is a very real possibility. If you believe that ETH is about to shoot up in value in the short-term, and you have a very high tolerance for risk, and you have some money that you won’t miss if it suddenly disappears, then this might be the best idea for you. Buying the digital currency directly enables you to get your hands on a bunch of it quickly, without having to wait for a mining rig to produce it for you.
This is difficult to answer because it’s so subjective. 5xx GPUs in it will certainly not be silent. From roughly 6 feet away, the sound level dropped to about 37 decibels, which I find to be completely acceptable. 480 GPUs running at a temperature target of 58C. The heat that a rig produces may be more of an issue, depending on where you live.