Freewallet

How to build crypto mining rig

Recently, for a number of reasons, mining profitability has begun to decline. The increased difficulty of calculating the hash and reducing the reward for the mined block, practiced on most projects, makes miners doubt the feasibility of this initiative.

Though some beginners still want to start mining and build a rig just for fun. What components are needed to build a mining rig and how to choose the right equipment? Freewallet tries to answer these questions in the text below.

Components for mining rig

For an effective mining process, the GPU rig should consist of the following components:

Where should I buy the components

In specialized stores, everything is simple: you can pick up the goods on the day of treatment, you do not need to wait for delivery. But the difference in price compared to Amazon can reach 100%. So, the GeForce 1050 Ti card in stores sells for $ 220-230, and on the Internet it can be purchased for $ 130. It is better to order accessories on Ebay or Amazon at an acceptable price and wait 20-25 days for delivery.

Mining rig building steps

  1. Assemble the frame on which all equipment will be mounted.
  2. Assemble of components. The process is no different from building a regular computer. The motherboard is placed on the bottom shelf of the frame, but it should not contact its surface.
  3. Install the cooler and processor on the motherboard.
  4. Mount the power supply to the corner of the frame.
  5. Set the power button and indicators.
  6. Connect a hard drive.
  7. Connect video cards with raisers.

Inexpensive mining farm is almost ready. It remains only to install the operating system and download the software for the mining.

How to choose components for the rig

Motherboard

A lot of beginners face the first problems already at the stage of choosing a motherboard. We recommend finding the board with 6 or 8 slots for video cards. Accordingly, not every motherboard’s bus will be enough to operate with so many video cards. You should check that the motherboard you’ve chosen will be able to use all 6 or 8 GPUs simultaneously.

The main criteria for choosing a motherboard for mining:

Risers

The riser is a small adapter between the PCIx16 and PCIex1 slots. In simpler words, a riser is an adapter between a video card and a motherboard. Which raiser is better for home mining?

There are three types of risers:

Power Supply Unit

A mining rig (especially if several powerful video cards are involved in it at once) is a very energy-consuming thing. To “feed” such a device, you will need to choose a high-quality power supply that can withstand heavy loads and support the system without interruptions.

What is the best power supply for mining? Miners usually use one of these solutions:

CPU

Mining on the processor is not relevant in 2020. Therefore, choose the simplest and cheapest processor for your farm, based on the socket of your motherboard. The processor should be able to run Windows 10, Linux or Mac OS and miner itself.

If you also want to mine Monero with CPU you can check processors starting from Intel Core i5 and AMD Ryzen 5.

GPU

There are special calculators to check possible mining earnings on specific video cards. There you can see how much the farm will bring to you with certain cards on different coins. They provide current data online at the moment, because network difficulty and rates are constantly changing.

Both Nvidia and AMD graphics chips have their advantages and disadvantages. But the main difference between them is the efficiency in mining. Depending on the coin, miners select exactly those video cards that give more power and consume less electricity on a certain algorithm. You can learn more about this in our article regarding the best GPUs for mining.

The main pros and cons of the cards of the two manufacturers can be described as follows:

The best graphics cards currently are the RX 400-500 series cards from AMD and GTX 1060 (6 gigabytes) / 1070/1080 (Ti) from Nvidia. You should focus on cards with the most massive radiators and a large number of coolers. Based on the experience of the miners, the best AMD video cards are released by Sapphire, and Nvidia – by ASUS.

RAM

As a rule, there are no special requirements for RAM in a mining rig. To assemble a small farm and save money, one 4 GB RAM bar is enough. Nevertheless, if you wish, you can purchase more advanced RAM or install, for example, two bars more than 4 gigabytes.

Those who build the farm from new components should buy RAM with DDR4 memory. Motherboards based on new chipsets no longer support the old type of memory.

Hard Drive

To build the first computer for mining, a regular HDD disk is enough. Nevertheless, if you have enough money, it is better to choose an SSD disk. The advantage of the second type of disks is that they will work faster and the time it takes to boot or reboot the computer will be spent several times less. In addition, such drives consume much less energy than their HDD counterparts. For home mining, an SSD hard drive of even 60 gigabytes will be enough.