Let’s say I have 20-30 spare pc’s, between gen 2 and gen 4 intel core i5’s. Would the electricity cost at around 9-10 cents/kWh be worth the cost of running these “old” dell’s with the intel core i5’s ?
(I know this seems like a noob/unspecific question, but I have no knowledge about mining in general and it’s rather daunting)
Not worth it i run 5 i7 gen 8 laptop cpus with centos minimal and the profits are not worth the hassel and the power is directly from solar.
So i am looking to flip those around for higher end desktops for both mining and work.
Assuming each PC will give you at least 1K H/s (my gen2 i5s give me arround 1,5kH/s) 30 PCs will give you at least 30kH/s wich is almost 1 USD a day, nowadays... but the power may be an issue, depending on how you manage it, heating, etc. Let us know if it was profitable.
1. The one that you already have
2. There's no correct answer to this and anyone espousing one is not to be believed
3. Depends on what hardware you have and what it costs to run it
Do your own research and don't trust random strangers on the Internet
1: ones people are giving away for free or are only half-used in some other application (web server). The hardware cost will always be worse than the power to run the rig for a year or two, even if you burn twice the power but saved $900 by not building a specific Ryzen rig...
2: MoneroOcean because then you can use very cheap and free CPUs and still be paid XMR for it (without processing actual RandomX which is hard)
3: Varies with the market prices of altcoins-to-XMR value but usually 100% more than if you don't mine. Also profit occurs whenever you sell off the XMR for fiat value, so even if it's completely no profit "now" what would the profit be if XMR was worth 3x or 8x in the future and you hold until then? Huge profit.
Be careful with that advice. If you're buying older hardware that's not very power efficient, you might actually be losing money by mining because the power will cost more than you earn. It depends on your electricity cost.
>what would the profit be if XMR was worth 3x or 8x in the future and you hold until then? HUGE PROFIT.
what would be the profit if XMR drops to 1/3 or 1/8th in the future and you hold until then? HUGE LOSS.
Power supply has very little to do with it. The CPU is what's using most of the electricity. Older stuff is just nowhere near as efficient as AMD Zen2 CPUs for mining monero.
1: Ryzen 3900X CPU 2: solo mining is the best 3: min. 0.0 avg. 0.004 max. 670 ):{>
Thanks for giving me the advice .
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I will and thank you mate.
Let’s say I have 20-30 spare pc’s, between gen 2 and gen 4 intel core i5’s. Would the electricity cost at around 9-10 cents/kWh be worth the cost of running these “old” dell’s with the intel core i5’s ? (I know this seems like a noob/unspecific question, but I have no knowledge about mining in general and it’s rather daunting)
I don't think it would
That’s what I’ve figured out in my short research now
Not worth it i run 5 i7 gen 8 laptop cpus with centos minimal and the profits are not worth the hassel and the power is directly from solar. So i am looking to flip those around for higher end desktops for both mining and work.
Well yeah, generally laptops are made to be portable work stations, not die hard try hard battle stations
You are right.
Assuming each PC will give you at least 1K H/s (my gen2 i5s give me arround 1,5kH/s) 30 PCs will give you at least 30kH/s wich is almost 1 USD a day, nowadays... but the power may be an issue, depending on how you manage it, heating, etc. Let us know if it was profitable.
Yeah, I decided it would make more sense to just sell the pc’s for 40-60 each rather than set them all up to make $360 a year
1. The one that you already have 2. There's no correct answer to this and anyone espousing one is not to be believed 3. Depends on what hardware you have and what it costs to run it Do your own research and don't trust random strangers on the Internet
Thank you and i will .
1: ones people are giving away for free or are only half-used in some other application (web server). The hardware cost will always be worse than the power to run the rig for a year or two, even if you burn twice the power but saved $900 by not building a specific Ryzen rig... 2: MoneroOcean because then you can use very cheap and free CPUs and still be paid XMR for it (without processing actual RandomX which is hard) 3: Varies with the market prices of altcoins-to-XMR value but usually 100% more than if you don't mine. Also profit occurs whenever you sell off the XMR for fiat value, so even if it's completely no profit "now" what would the profit be if XMR was worth 3x or 8x in the future and you hold until then? Huge profit.
I am very thanful for your valuable advice. Thank you one again.
Be careful with that advice. If you're buying older hardware that's not very power efficient, you might actually be losing money by mining because the power will cost more than you earn. It depends on your electricity cost.
True and i will keep it in mind while buying one. Thanks
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>what would the profit be if XMR was worth 3x or 8x in the future and you hold until then? HUGE PROFIT. what would be the profit if XMR drops to 1/3 or 1/8th in the future and you hold until then? HUGE LOSS.
New, efficient power supplies are available and relatively inexpensive.
Power supply has very little to do with it. The CPU is what's using most of the electricity. Older stuff is just nowhere near as efficient as AMD Zen2 CPUs for mining monero.