Currently I dual mine Ethereum and SiaCoin.
I’m no expert on the topic, just a long time tech geek that likes to try stuff and see if I can get something to work. The setup I use works and is currently generating .05 ETH every 5 days and 500 SiaCoins every month. Those numbers are relevant as they are the minimum payout amounts with the mining pool I use.
Mining Computer Build (with the prices I paid for the part)
|CPU||Intel 7th Gen Celeron||43.98|
|Memory||Ballistix Sport LT 4GB||52.99|
|PSU||Corsair HX850i 850W||164.89|
|Networking||CanaKit Wireless Adapter - Already had this laying around||0.00|
|OS||Windows 10 Pro||0.00|
|GPU||ASUS GeForce GTX 1060 3GB||214.99|
|GPU||ASUS GeForce GTX 1060 6GB||298.98|
|GPU||ASUS ROG Strix GeForce GTX 1070 Ti 8GB||499.99|
|Accessory||VICTONY 6-Pack Powered Riser Adapter Card||45.99|
|Accessory||Electop 2 Pack PC Power Cable||5.29|
|Accessory||Belkin Conserve Insight Energy Use Monitor||31.69|
|Case||Just built something out lumber I had laying around||0.00|
Regarding the OS, I had an extra Windows license available, so that’s why it shows zero dollars.
The computer runs headless and connectivity is over WiFi, so the only cable going to it the power cord. I use a remote support app when I need to log in to it and do anything.
Software and services:
I use the Claymore Dual Miner software for Windows to mine both SIA and ETH. In order to mine, you need a location to send the payouts. I use Exodus for the ETH wallet and Sia-UI for the SiaCoin wallet.
At the moment and for the last couple of weeks I’ve been using nanopool.
Alt coin trading:
Right now my current strategy is to mine ETH, and then trade that for other types of alt coins and build a large portfolio of alts, hoping that something goes to the moon! I’m doing my alt coin trades using Binance. An easy way to get started buying, BTC, ETH, LTC, or BCH, is with Coinbase.
Q: How much power does this draw?
A: According to my usage monitor, it averages around 400 watts.
Q: What is the hash rate achieved from this setup?
A: The total for my 3 GPUs averages 61 Mh/s. The breakdown would be 1060 3GB: 16 Mh/s, 1060 6GB: 20 Mh/s, and the 1070: 25 Mh/s
Q: Would you do anything different?
A: If money were no object, I’d go all high end GPUs. However, I would avoid the 3GB 1060’s altogether. It seems for the little more money that the 6GB cards are, the improved hash rate will prove more profitable in the long run.
Q: How long will it take to break even on the cost of this setup?
A: Based on today’s ETH price, and taking in to consideration the power expense to run this, it will take approximately 6 months to pay for itself.
Again, I’m no expert and this isn’t a howto, just listing out what I use to mine. Post any questions in the comments and I’ll do my best to answer.