My domestic micro rig miner on Nicehash - is it worth?

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Hello everybody

After a long time from my first experience in domestic mining (it was 2017, BTC was around 600/700 Euro) for a few weeks, given the actual advantage in mining crypto currency, I decided to dedicate myself again to this activity, in a light and in any case domestic way, investing a few Euros in the purchase of new and used hardware (the GPU in this case).

This is not a guide, but the story of an experience. Do not make investments or mining experiments without properly informing yourself first.

I built my “micro” mining rig step by step, currently composed of 2 GPUs, but with a setup that could allow me to upgrade to 4 or 5 GPUs (it will then depend on the consumption of the individual cards).

I started the adventure by purchasing a used MSI RTX 2060 Super Ventus, which was then installed in an old desktop PC to test its functionality. Another important test was to take the PC to the garage (cool place and not subject to noise nuisance) and the first obstacle was the internet connection. I solved the problem with a Fritzbox Powerline kit that allows me, through electrical cables, to extend the internet network on my house.

Having done the necessary tests, I started mining using Nanominer on Nanopool, obviously providing an Ethereum address and an appropriate setup for the card.

After a few days of encouraging results and tests on the GPU setup, I began the search for new hardware to dedicate, paying attention to both the initial investment and consumption and to the fact that in the future it could be reused in a different way from mining or even sold. Here's what I bought:

  • MOBO: Asus Prime H470-Plus
  • CPU: Intel Celeron G5905
  • SSD: Samsung m.1 NVME 250 GB
  • PSU: Seasonic 850 Watt 80 Gold Plus
  • RAM: Crucial DDR4 2x 4GB
  • 1 Power Button
  • Frame: Amazon Basic ?? (after reject the idea of homemade wooden frame made by me)

Having received all the components of this setup, assembled, I started mining with Nicehash, thus having an entry directly into BTC. I know ... there are other portals and even more performing software, but at the moment I use this because I feel good.

Using the MSI Afterburner software I found the right setup and optimized the card that provides, on T-Rex and Daggerhashimoto miners, a rate of about 44 MH s with 55 to 58 degrees and 125 W of consumption (maybe not the best or most profitable, but very stable).

The entire setup consumes, measured with a smart socket, 142 W.

After a few days the search for used GPUs (new ones are practically impossible to find) brought a good result: MSI RTX 3060 Ventus card. As everyone knows, the RTX 3060s have the mining block, but it was easily bypassed and, after researching a lot, I decided to buy it and put it to mine.

The result is quite satisfactory (not as many shows in their Youtube channel): 48.2 MH/s and consumption of 110 W, with 59/60 degrees temperature. Fairly stable setup that won't crash.

So here is my current "micro" rig: MSI RTX 3060 and MSI RTX 2060 Super: Total 93.xx MH/s for a value in Satoshi varying from 13,000 to 16,000 per day (about average 7,00 Euros with the current BTC value).

 

My next goal: to buy an RTX 3070 or 3060Ti to grow the rig a bit (from "micro" to "mini”) and increase revenue.

Experience: I'm definitely not going to get rich. On balance, the ROI of this setup is around 250 days (maybe more). My goal at the moment is to accumulate some Crypto currency, with a view, in the future, of another big increase in value.

Those who already have some adequate hardware will still be able to mine and set aside some small savings in crypto.

This is not a guide, but the story of an experience. Do not make investments or mining experiments without properly informing yourself first.

I'll keep you up-to-date. Bye Bye.

Lezanch

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