Have around a $1400 budget and want to invest in an Ethereum mining rig, however not sure on what cards to buy. I have been looking at the Radeon Rx 480s but seeing that they're so overpriced not sure where to go from here. Please post the hash rate for the card that you would suggest, why you would recommend so card, and the pros and cons. Thanks!
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Try to get the cheapest mobo and CPU you can get. I'm talking <$100 for both if possible. 4 GB RAM is all you need. cheap SSD drive.
You have a limited window for ROI until POS. So keeping costs down will benefit you.
Read through these forums and bitcointalk.org to see how others are doing it.
EthOS would probably be the best but in terms of maintaining your rig, though I can't say personally. Never used it. I'm running on Windows 10 Pro Ann. Update.
Idk where you live, but it's going to add heat to whatever room you put in them. Account for HVAC costs if you like your place cool, or put the rig in a sealed off room, garage, or w/e that's safe from moisture/weather.
With added electricity costs, it will be hard to break even if POS comes earlier than later. You'll want to undervolt your 470s to save on power and heat.
Once you gather some ether, I'd hold at minimum 50% (if you're not looking to sell immediately to recoup costs) and invest in some promising ICOs that you could probably catch on the ride and get a good pump before selling them off.
Ether, most likely, is going to blow up here in 2017.
Once POS hits, just research, or ask on here, what's everyone's next crypto to mine with?
Play the long game. Too many people here scare off new people talking about the short game... and I sense they either do it on purpose or don't have a clue what the long game means. lol
Also, take my advice with a grain of salt. I'm no investment expert. Still learning.