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Vega Finally Unleashed! Fine-tuned performance and power consumption in a single chassis.

Investment Model for Mining Farm

Raven25Raven25 Member Posts: 2 ✭
in Mining
Mining Rigs

Calculations

Items Needed for 1 Rig :

1 Motherboard
6 Graphic Cards
1 Power Supply Unit
1 4 GB Ram
1 120 GB SSD
1 Processor
6 PCIe Risers
1 CPU Fan
1 Custom Built Case By Carpenter

Exact Specs of Parts

Intel Celeron G1840 Processor - BX80646G1840 - $50
ASRock Z97 Anniversary LGA 1150 Intel Z97 HDMI SATA 6Gb/s USB 3.0 ATX Intel Motherboard - $130
EVGA SuperNOVA 1200 P2 80+ PLATINUM, 1200W ECO Mode Fully Modular NVIDIA SLI and Crossfire Ready - $300
SanDisk SSD PLUS 120GB Solid State Drive (SDSSDA-120G-G26) - $55
Cooler Master Hyper 212 EVO RR-212E-20PK-R2 CPU Cooler with 120mm PWM Fan - $25
6-Pack PCIe VER 006 PCI-E 16x to 1x Powered Riser Adapter Card w/ 60cm USB 3.0 Extension Cable - $50
Kingston HyperX FURY 4GB 1600MHz DDR3 CL10 DIMM - Blue (HX316C10F/4) - $40
6x Gigabyte GeForce GTX 1070 8 GB GDDR5 256 bit PCI-E 3.0 x 16 Windforce OC (GV-N1070WF2OC-8GD) - 6 x$400 - $2400

Per Rig Cost - $3050 - For 168 MH/ s
Power Used Per Rig - Around 900 W
Total Power for 36 Rigs - 25,000 W

Total Rigs Needed - 36 Rigs - For a total of 6048 MH/ s

Total cost for 36 Rigs 1,09,800 USD
equivalent to 73,50,000 INR

Return on Investment

Keeping in mind
Hash Rate - 6048 MH/ s
Power Consumption - 25000W
USD/ETH Exchange Rate ( Fluctuates, Currently Going upwards Positive ROI ) - 70 USD / 1 ETH
Power Cost - 0.12 USD Per kWh

Hardware Costs - 109800 USD

Earnings Per Month Generated By Mining Rigs - 267.74 ETH

USD - 18872 USD per Month
INR - 1212484 INR Per Month

Power Cost Per Month - 2160 USD/ 1,40,000 INR

Initial Investment will be made back in an approximate time of 6-7 Months from Starting date of Mining Rigs

Maintenance Costs for first 12 Months - 0 USD

After First 12 Months - 300 USD Per Machine - 10,800 USD/ 7,20,000 INR ( Note : This is in case of Part Failure which has a very low percentage of Happening )

Earnings for 24 Months - 4,52,928 USD/ 30,748,176 INR

Deducting Hardware Costs and Maintenance Costs and Power Costs : —

Power 2160 USD x 24 Months - 50,000 USD

Profit : 2,82,328 USD / 1,89,15,976 INR
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Comments

  • wcryanwcryan Member Posts: 157 ✭
    or you could go with 480's for 200-220$ and save about 600$ per rig
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  • minerman1minerman1 Member Posts: 26 ✭
    There are many ways to cut costs. You can build rigs for 1400 if you're smart about it.
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  • wirelessnet2wirelessnet2 Member Posts: 385 ✭✭✭
    k. First, drop the CPU cooler. Then use AMD cards. If you use linux, you can drop the SSD too. Build your own case. etc etc
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  • pajchepajche Member Posts: 40 ✭
    Per Rig Cost - $3050 - For 168 MH/ s ?
    This is to expensive....
    I paid less than $1800 per rig and have 178 mh/s per rig 850w eth only and 1kw dual.
    Much cheaper if u go with 2 750w psu than 1 1200w.
    If u cut your costs you could get all 36 rigs for almost half of that price you mentioned.
    U should find better prices if u want profit :)
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  • orinityorinity SingaporeMember Posts: 84 ✭
    Why not go with the stock CPU cooler?

    Also, ETH is going to POS by the end of 2017. You probably should be planning for another altcoin?

    I beg to differ for the first 12-month maintenance costs, devices do fail and typical failure rate range from 5-15%. If you are unlucky, you might be getting 1 GPU card failure every 2-3 rigs.
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  • BUTUZBUTUZ Member Posts: 139 ✭✭
    You do not appear taking into account difficulty increases over the 24 month period. Every 6 months your earnings will be halved approximately. Your mining enterprise will be 25% profitable as you think it will be.

    As people above have said, you should carefully consider using RX470 as much lower purchase cost than 1070.
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  • JawboneJawbone Member Posts: 44 ✭
    Definitely go AMD for your GPUs - cheaper, same ROI. No need for cooler, stock is just fine for a celeron/pentium chip since you won't be using it.
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  • cidmocidmo Member Posts: 446 ✭✭✭
    i wish i could find someone locally who wanted to do this
    ima freaking fountain of knowledge after all these years and wanna expand so badly
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  • yodiyodi Member Posts: 265 ✭✭
    you can't evaluate profit in so long period ... you will get lower and lower ETH , and if the price not raising ... profit get low
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