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<h1>Hey folks and welcome to my first SteemIt post </h1>
<p>I’m going to share with you details about my <strong>mining rig</strong>, what parts I used, what results I’m getting and an answer to the question…. Was it all worth it?</p>
<p><img src="http://ecoinsonline.com/wp-content/uploads/2016/07/MyMiningRig.png"/></p>
<p>Let’s start this story with why I’m doing this. Well that’s easy for me, I love anything to do with computers, I started as the IT support nerd in a small company way before the Millennium bug was even thought about. Although moving away from IT support I still find computers interesting so when I read up about how you can run a PC and it makes money I had to take a look. I decided to build a small but expandable testbed to look at some of the stats.</p>
<p>Let’s move on from the why I did this and take a look at my shopping list: -</p>
<p><strong>Motherboard </strong>– ASRock H81 Pro BTC Intel H81 Socket LGA 1150 DDR3 ATX was the obvious choice. I only plan to install 2 GPU cards for now but may one day add some more, the fact you can install 6 in this motherboard is great for mining.</p>
<p><strong>CPU </strong>– I went for a cheap one here - Intel Celeron G1840 Dual-core (2 Core) 2.80 GHz Processor.</p>
<p><strong>Memory </strong>– Again I went budget and got the cheapest 4 gig stick I could find.</p>
<p><strong>Disk </strong>– I had a 80 gig disk lying around so used that.</p>
<p><strong>GPU </strong>– 2 x Sapphire AMD Radeon R9 380 4GB NITRO Graphics Cards.</p>
<p><strong>PSU </strong>– I went for a EVGA 750 Watt GQ Gold PSU, this is plenty for running 2 GPU’s, Motherboard, Disk etc., when I buy more GPU’s I’ll buy an additional PSU to run those.</p>
<p><strong>PCI-E Risers</strong> – I bought the powered ones with a 60cm lead. I bought 6 in preparation of buying more GPU’s. </p>
<p>After spending a little over £600 on eBay I eagerly awaited the arrival of my new mining rig parts. Within a week they all arrived safely but I waited until the following weekend to open and test everything.</p>
<p>For simplicity I installed a 90-day trial of MS Windows and run Nice Hash Miner but once I’ve confirmed everything works as it should I’ll be moving to EthOS.</p>
<p>As you can see from the photo this rig is not pretty but it does work. I do need to build a new case but I’m waiting for more cards to arrive, once they do I’ll make a nice case for it.</p>
<p>I’m in the UK and electricity is not cheap here, I’m paying around £0.12 per KW Hour but I do intend to shop around and see if that is the cheapest I can get.</p>
<p>So let’s discuss if this is worth doing from a financial view point. For simplicity I’m using Nice Has miner I’m sure that isn’t the best but even based on that here are some approximate figures: -</p>
<p>Cost of Hardware - £665 this excludes a disk as I had one lying around</p>
<p>Cost of Electricity per month - £50</p>
<p>Income per month - £80</p>
<p>Profit Per Month - £30</p>
<p>ROI – well over 20 months.</p>
<p><img src="http://ecoinsonline.com/wp-content/uploads/2016/07/NiceHashMiner.png"/></p>
<p>I think it is fair to say that given a <strong>20-month</strong> payback it probably isn’t worth doing from a financial view but I’m sure I can improve on these figures by moving away from Nice Hash and over to Eth OS. And that my friends will be the topic of my next post.</p>
<p><img src="http://ecoinsonline.com/wp-content/uploads/2016/07/NiceHashMinerDetails.png"/></p>
<p>Please comment below, I’m particularly interested in HOW I can improve my rig so I want your candid feedback. Is Eth OS the way to go?</p>
<p>I hope you enjoyed my first post on SteemIt </p>
<p><br></p>
<p>Jimmy</p>
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