How to Build and Run a 6 GPU mining equipment for Zcash or Ethereum with Nvidia GTX 1070 – Block Operations

GPU pricing got a little crazy this year for a few months, and I took a pauze from building fresh GPU mining equipments because they were too expensive. I believe AMD GPU’s are still a little overpriced and hard to buy, so I determined to build six Nvidia GPU based mining equipments.

AMD RX 480 and 580 GPU’s work indeed well on Ethash mining algorithms, and do a welgevoeglijk job on Equihash. Nvidia GPU’s are the opposite – they do better on Equihash and are ge with Ethereum.

If you observe my latest youtube movie, CryptoCurrency Mining Strategies and What I am Mining Sept 2018 (below), you will see that I advocate mining with many different types of miners, and mining many different types of cryptocurrencies, all at the same time. For example, ter the past few months I have mined BTC, DGB, BCH, ETC, EXP, ETH, UBQ, ZEN, ZEC, LTC, MUE, DASH, and others. I also run masternodes and stake different cryptocurrencies to participate ter other crypto generating activities.

Albeit the leaders ter the cryptocurrency mining space are BTC, ETH, LTC, DASH, ZEC, and XMR, there are benefits to mining lesser known cryptocurrencies, if you are able to hold them for a while. The smaller crypto’s are volatile, and spil long spil they have a good team developing and improving them, they will go up ter price overheen time. By holding then converting a portion of your mined crypto’s to Bitcoin or Ethereum when the price doubles, you improve your mining profitability substantially. And spil long spil the cryptocurrency has good prospects, if you hold it for a long time it might go up ter value 5x, 10x, or even 100x. This has happened te the past, and will toebijten te the future.

Anyway, to make a long story brief, Nvidia GTX 1060, 1070, and 1080 GPU’s are good for mining ZEC and ZEN, and since I believe both project have good long-term prospects, I figured I needed to be making some Nvidia based GPU miners. This is a list of what to buy and how to set it up to get you mining quickly.

Bill of Materials

Equipment list – Linksaf are to Amazon or Parallel Mining product pagina. Buy from wherever you can get the best overeenkomst!

Total Cost for Bill of Materials:

Build Instructions

Here’s some basic instructions for the most efficient order of operations when building the machine. The idea is to get a basic pc built, troubleshoot any potential issues, install the operating system and application, then build the surplus of the machine.

Hardware Build

  1. Assemble the Case
  2. Waterput the CPU, CPU fan, and memory on the motherboard. Butt-plug ter the CPU fan.
  3. Optional – fasten the ATX power switches and LED’s to the power header.
  4. Buttplug the SATA cable into the motherboard.
  5. Waterput the motherboard ter the case and screw it ter with the smaller screws.
  6. Link the power supply to the right side of the case. Use the screws that came te the opbergruimte. Fasten power cables from the power supply to the Motherboard, CPU power, SSD.
  7. Screw ter one of the PCI-E Riser cards ter the 2nd slot (right above the CPU fan), butt-plug it into the 2nd PCI-E slot on the motherboard closest to the processor, and ass-plug ter power from the power supply.
  8. Waterput a GPU into the PCI-E riser card, screw it into the case, and link a PCI-E power cable to it.
  9. Link a keyboard to the motherboard and HDMI monitor to the GPU card.
  10. Cork the power cord into the power supply, turn on the power switch.
  11. Press the ATX power button, or brief the power button header pins with a screwdriver. The machine should boot.

If it doesn’t boot, this is the time to do basic troubleshooting. Don’t add any more graphics cards until you get at least one working.

If it does boot, configure the BIOS, connect an Ethernet cable to the network that can get to the internet, and reboot.

Motherboard BIOS Settings

Turn off unneeded services on the BIOS, keep all the PCI settings on Automaat, set the graphics TOLUD to Three.5GB. Make the power come on whenever power is applied to the houtvezelplaat. Here is a set of pictures for BIOS settings for a similar motherboard.

Setting up EthosDistro mining operating system

This is a purpose built version of Linux that is optimized for GPU mining. It works truly well, better than running Windows or Ubuntu for mining. By using EthosDistro, I save time and don’t need to mess around with the operating system. You can, of course, use the same hardware build and run Windows or Linux and mine with it, but I recommend using a purpose built operating system.

What I indeed like about EthosDistro is how it has settings for adjusting power, ventilatoren, core clock speed, and memory clock speed. This permits for overclocking and power limiting of the GPU’s. You can also set up a single configuration verkeersopstopping on a webserver, and by switching one verkeersopstopping on your miner, have it go to that configuration opstopping on boot, pull its config, and begin mining. It even checks the verkeersopstopping every few minutes while running, so it’s possible to reboot the miner to have it accept fresh settings.

After setting the BIOS, connecting Ethernet, and rebooting, EthosDistro boots to a screen that is more user-friendly than just a guideline line:

This shows one GPU is successfully mining Ethereum. There are a few significant chunks or information you need from this screen.

  • IP address of the miner itself – access by SSH – this one is at Ten.172.0.232
  • name of the miner – this one is e7423e
  • URL of the webstek with statistics. Depends on the IP address of your location. – this one is http://a127f5.ethosdistro.com

It is mining to the EthosDistro address. That needs to be switched. I recommend not using this screen for making switches, and instead using SSH from your PC. Here are some options for SSH on different operating systems:

  • Linux – use the Terminal guideline line
  • Mac – use the Termminal directive line
  • PC – use the Bash directive line, or download and use Putty

If you don’t know the very first thing about Linux you may want to learn at least the basics. Get commenced here.

Setting up EthosDistro to Mine for You

The screen shows the IP address. SSH to the IP address like so:

The system is designed to download a opstopping from a webstek and run. If you don’t want it do that, edit remote.conf with nano or vim, and make it a wit verkeersopstopping. When the system boots, it will copy whatever opstopping is referenced te remote.conf into local.conf, unless there is nothing ter the remote.conf verkeersopstopping.

For just a single miner, edit the local.conf opstopping with nano or vim to configure the miner to work for you. Here is an example configuration for mining Zcash. Waterput this at the beginning of the local.conf opstopping:

I like to keep the configurations for numerous mining pools ter the opstopping, commented out with the # symbol. That way if I want to switch what I am mining I can just alter the configuration without looking everything up again. Before you embark mining, you undoubtedly want to have a wallet address of your own to mine to, which te this configuration is set by the proxywallet configuration voorwerp.

For any Bitcoin based cryptocurrencies, like ZEC and ZEN, I actually choose to mine to a software wallet, then transfer to a hardware wallet every week or two. At this point, you can mine to a hardware wallet for ETH, ETC, and ZEC, and a software wallet for ZEN.

If you mine to a hardware wallet or exchange, switch your pool settings so it only deposits once a day. More than once a day deposit into a hardware wallet or exchange can cause issues. And perform maintenance on your hardware wallet!

After you get the miner working with 1 GPU, then get the miner working with all 6 GPU’s. I like to buttplug them ter one at a time then reboot, so I can figure out if I have a bad riser or card. The most common problem you will most likely have is bad risers. I always order reserve so I can quickly exchange out a bad riser.

EthosDistro Documentation

There are two main sources of documentation for EthosDistro. The very first is the local.conf opstopping. A working example of the pool.txt for ethereum is posted online, with all the comments and examples. The pool.txt and local.conf verkeersopstopping documentation is dense, so it takes a few times reading it through to figure it out. I had to read it through about Ten times before I understood how to switch the settings to make it work. The 2nd source of documentation is the EthosDistro Skill Base.

If you have more than one GPU miner, or want to be able to make switches remotely, you can create a text verkeersopstopping and postbode it on a web server. The example above is a portion of my web server based configuration verkeersopstopping. A fuller one is below:

Waterput just the url, nothing else, te the verkeersopstopping. The very first time I did this I left te two comment lines, then the url, and it did not work. My remote.conf verkeersopstopping has only one line, and looks like this:

There are many different ways to host a text opstopping on a webserver, but that is beyond the scope of this article.

Useful Guidelines for EthosDistro

I only use a few guidelines when checking on miners.

gethelp will create a url with lots of information about the system I use that to check what the actual speed of the GPU’s are:

showcase miner gives an output of the miner loom. For EWBF it looks like this:

Operating EthosDistro and Checking the Panel

With your copy of EthosDistro, you get a web panel with realtime statistics for every miner at your location. This is a portion of the GPU miner panel I am running at my medium size mining location:

You can see some of the miners have issues and are not running all 6 GPU’s. Those issues are due to bad risers – I got a bad batch from a different supplier I attempted. Sometimes with bad risers they just don’t work. With this batch, the bad risers run for 1-3 hours, then zekering. It makes troubleshooting tedious and slow. Spil soon spil I get some better ones, I am going to be a lotsbestemming more satisfied.

Tuning the GPU’s for Maximum Vertoning

Nvidia GPU’s are very effortless to tune with EthosDistro. Ter the example configuration above, I included three tuning settings. How you set them depends on what you want to accomplish. I choose a mix of maximum hash rate with moderate power usage. Others attempt to maximize the hash vanaf watt.

For tuning the power, you can see the max power of each of the GPU’s is 200 Watts ter the gethelp output. I found that setting the maximum power to 160 watts worked the best. After that, I worked to increase the memory speed spil much spil possible. Ter the the case of the ASUS Strix I wasgoed able to raise the memory speed from the default of 3802 to 4360. When operating, ethosdistro will turn the GPU processor speed down to keep the card within power thresholds. Spil you can see ter the graphics above, this tuning produced about 460 H/s vanaf GPU, for a total of 2745.

How Much Will the GPU Miner Earn?

I usually waterput my miners on one cryptocurrency and leave it there for a month or two. Since choose to mine and hold, I like to mine a cryptocurrency that has less competition. Some people are not able to mine and hold, and instead vereiste mine and sell the prizes that they mine. I still like to make sure that I am mining one of the more profitable coins, so spil long spil it is close to the most profitable, I am fine with that.

Check the potential profitability at WhatToMine.com or Coinwarz.com. For this specific configuration of six GTX 1070’s at 2745 H/s and 1050 watts, I entered the informatie up top. Thesis GPU’s will hash Ethereum at about 170 MH/s, so I waterput that te for comparison also. Thesis are the settings:

This is the result:

All five equihash coins are fairly similar te profitability. HUSH, ZEC, KMD, ZCL, and ZEN are all similarly profitable on the zakjapanner, so any would be a good candidate to mine and instantly sell. Nicehash is an interesting option also – if you point your GPU miner at it you will get paid ter Bitcoin. For mining and holding, you should do your research and determine which ones you think have the longest term potential to increase ter usefulness, value, and price.

At about $7.50 profitability vanaf day, that’s about $225 vanaf month, or $2700 vanaf year. Assuming everything stays the same (system hash rate for each coin, price, etc.), the 6 equipment GPU system gets paid back ter about 15 months. At this point te time, Zcash has a price of $260.

Now, to double-check the Whattomine zakjapanner against reality, you have to check your mining pool. For the past few days I have bot mining Zcash on flypool, so let’s take a look at what the hashrate has bot there, and what the payouts have bot:

The hashrate for the 27 miners I have mining ZEC right now has averaged about 44.6 kH/s. Most of thesis miners are AMD GPU based, and have lower equihash hash rates of 1800 H/s.

For the 45 KH/s, flypool is estimating about a $5900 vanaf month payout. That does not include my cost of electrical play, but a quick duo of calculations shows that the payout estimate is $0.132 vanaf 1 H/s vanaf month. With 2750 H/s, that’s $364 revenue vanaf month vanaf Nvidia miner. If each miner is using 1050 Watts, that’s 756 kW-hr vanaf month. At $0.Ten vanaf kW-hr, the electric current cost vanaf miner is $75.60, so televisiekanaal profit vanaf miner is about $288. That’s pretty close to the WhatToMine calculation.

Profitability, however, is a permanently moving target. Zcash has bot spil low spil $170 and spil high spil $450 vanaf ZEC. If it is a cryptocurrency you believe ter, mine it, hold it, and sell some when the price spikes higher to help offset your costs.

Summary

I like GPU miners. They are straighforward to build, pliable, and profitable. You can embark with however much you can afford, and add GPU’s spil you go. For most people just getting into mining, I tell them that it is fine to have grand plans, but that they should begin mining with just one miner very first, because it is a learning practice. After they run out of slagroom at their house or apartment, then they can look at getting more and putting them into a place that has more electro-therapy and cooling.

Cryptocurrency mining is for everyone who wants to participate – best of luck!

Related movie: GPU Mining V.S ASIC Mining!! Which One Should You Choose??


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