You’ve probably heard that the Ethereum difficulty just skyrocketed. So, now mining Ethereum is even harder. But you can still mine Monero by some good investment in mining rig farms. But, today, I’m going to show you how you can build the Monero Mining Rig.
We will build an 8 GPU mining rig, and we are going to keep our cost as minimum as possible. Today the cost of 1 XMR is
Monero (XMR)
Keep reading till the end. I’ve also explained how you can get more return on investment with a simple trick.
If mining is not what you are looking for, you might want to read my post on – Best cryptocurrencies to invest in.
Contents
Why should You Mine Monero?
There are reason’s that you should start mining monero on your cryptocurrency mining rig. Here are a few that I have listed –
- If you are going to mine with Ethereum with the same rig, you will notice that Ethereum mining generates more heat than Monero mining. There is a difference of 12-15 ยบC. So, Monero mining would keep your GPU temperatures lower in comparison to ETH.
- While mining Monero, the fans are running at 45ยบC, and they are at the perfect temperature. While it’s Ethereum, I will have to tune the fan to be running at 60-70ยบC.
- Increasing the fan speed on your GPU would also result in GPU noise.
- Mining XMR would definitely have a better life cycle in comparison to other cryptocurrencies.
- Monero mining rig consumes less power & would work at a greater efficiency when overclocked.
So, these were a few things about Monero Mining.
How to Build 8 GPU Monero Mining Rig?
The mining rig mainly consists of Graphics Cards that do heavy tasks. Other components will be the motherboard, CPU, SSD, PSU, etc.
So, here as we are building 8 GPU mining rigs ย & we will be using AMD Graphics Cards because they can give better hash rates for Monero than Nvidia.
But, which is the best GPU for mining Monero?
Well, as for me, I would go with either AMD RX 480 or AMD RX 580. Both of them have decent hash rates while mining XMR of 700 H/s. Here I would also like to add that if you are using RX 480, then the power required by a single Graphics Card will be 150W, while it will be 185 watts for RX 580.
But both of them are good.
So, let’s start building our monero mining rig.
1.ย AMD RX 580
You will need 8 of them.
As we are building 8 GPU XMR mining rigs, we will need 8 Graphics Cards. But, as I have mentioned, both Rx 580 and Rx 480, you can use both or any of them.
But, I would like to tell you that both of them produce 700 H/s while mining XMR. As far as power consumption is concerned, Rx 480 will use 150W, and Rx580 will use 185W.
If these two are not available in a huge amount, you can buy 4 Rx 480 and 4 Rx 580. Many of these GPUs are mostly out of stock, but I would also tell you that you can look for used GPUs on Amazon itself as they are good and sell at a lower price.
You can even mine Ethereum with this rig. But, I would recommend you to go with Monero itself.
So, let’s calculate our hashrates –
1 Rx 480 or 580 will mine at – 700H/s,
So, 8 GPU will run at – 700 x 8 = 5600 H/s.
After a while, when you feel that you don’t want to mine, you can always sell your GPU and profit either way.
Buy Rx 580 From Amazon2. PCI-E 16x to 1x RISERS
RISERS are also important if you are going to attach your GPU to the motherboard. RISERS are few small cables attached to the motherboard, and the other end has a slot where graphics cards can fit.
Firstly, we all need our motherboard to support 8 RISERS. RISERS fit into PCIe slots, so make sure that your motherboard has enough PCIe slots to attach RISERS.
You will also need a 2 m.2 PCIe extenders to attach 2 more RISERS to the motherboard that we are going to use.
3. ASUS PRIME Z270-A LGA1151 DR4
We need a motherboard with 8 PCIe slots, and ASUS PRIME Z270-P is the best 8 GPU motherboard that you can use. This motherboard has 7 PCI-E Slots and 2 m.2 slots where 2 more PCIe slots can be extended.
In short, this motherboard supports 9 PCIe slots, and we will attach 8 GPU, and one PCIe will be used to attach our storage drive.
This motherboard supports DDR4 RAM and also Intel Processor, which I suppose is very good. The motherboard is cheap compared to others and is long-lasting.
If Asus Prime Z270-A is not in stock, then you could check out Asus Prime Z270-P, else check out our article on the 9 best mining motherboards.
4. Corsair Vengeance LPX 4 GB DDR4ย
As we have used ASUS PRIME Z270-P Motherboard, which supports DDR4 RAM, we are using DDR4 4GB RAM. There will be no problem using 4GB instead of 8GB as RAM doesn’t affect your mining efficiency or performance.
So, we are good to go with Corsair Vengeance LPX 4 GB DDR4ย
5. Intel Pentium
As your motherboard supports Intel LGA 1151, we will be using Intel Pentium as our processor.
You don’t have to worry about using Pentium rather than any other high-end CPU like i3, i5, or i7. The thing is, we are performing GPU mining, not CPU mining.
A CPU or processor’s need is only for booting up the mining rig and running the mining software. Let’s not add extra cost and buy i3 & above. You can totally use a Pentium processor.
6. SanDisk SSD PLUS 120GB
For storage, we are going to use SSD drives instead of HDD. Solid-State drives are faster than HDD.
We are going to use SSD rather than HDD because you will not have to wait for a long time to start mining when you boot up your mining rig.
If it’s the first time you are starting your mining rig, you will have to reboot your mining rig several times. If it’s HDD, then it will be a pain in the ***.
Yes, SSD is expensive than HDD, but you can always use this SSD on another PC. You don’t need any 500GB of space. Instead, you can go with a 120GB SSD without any problem.
Your mining rig profit will depend on – electricity and time. Time is money and we would also like to use less electricity as possible. Here, SSD consumes less energy than HDD.
7. EVGA 1000 GQ, 80+ GOLD 1000W PSU
You will need 2 of them.
You don’t really want to burn your mining rig – Right?? So, a sufficient power supply is needed. GPUs consume a lot of electricity, so choosing a sufficient and required PSU is essential.
So, here is math –
GPU will consume about – 185 X 8 = 1480 W
Other components, like motherboard, SSD, CPU, etc., will consume about 250W.
Therefore, We need about 1730W of power.
Today, we will use 2 1000W PSU to run in sync and power your motherboard and GPU.
EVGA is one of the best power supply unit manufacturer.
8. Thermaltake Dual 24-Pin Mining Adapter Cable
As I said, we will use 2 PSU and run them equally to power our components – The adapter Cable is what will help us do.
This is a simple cable that attaches to both the PSU wires and attaches to the motherboard. The price of the adapter cable is about $10. Make sure that you buy this with the PSU to cut out the cost.
9. ATX Power switch
So, we aren’t using any cabin that has a button start. So, how are you going to boot up your mining rig? By using these ATX power Switches, it is easier to turn on and off your rig.
They are easy to attach to the motherboard and will really help you.
10. GPU Mining Frame
I hope you cut out most of your investment in building your mining rig. Here you can build your own mining rig frame and also save some $150 to $200.
But, be sure that your mining rig has proper ventilation and does not generate much heat. I like to use some fans that cool GPU’s attached. You can attach Cooler Master SickleFlow 120 on your mining rig frame to keep proper airflow.
But if you do want to pick Spartan 8 GPU Miner Case is one of the best. You can attach 8 fans to the rig, which will keep your mining rig cool.
Conclusion
Monero is one of the best cryptocurrencies right now for both to invest and mine. Monero today has lower difficulty than another cryptocurrency. But here is what I would like to say to you – “Nobody knew that Bitcoin mining would be so huge from the start. If you are starting right now, you might be one of the profitable monero miners.”
The chances are that you will earn more mining monero as the prices of Monero are on the rise.
As I said at the start, how can you recover your investment as early as possible?
Let’s say you mined 2 XMR today! and the price of 1 XMR is $100. But I would suggest that you don’t sell it at the current price. Wait till the price of XMR is raised high.
Let’s say that the price today of 1XMR increases and is $120 or $125, and then it’s the best time to sell your Monero.
So, how much profit can you get with the XMR mining rig?
If you mine with this rig and bios mod, you will be able to generate ~$300 per month.
Update – As there has been a price boost, you can actually mine more than $500 with this mining rig.
TOTAL ~ $3455(Estimated)
Very enlightening
Thank You very much Albert!!! See you soon
As a miner cn8cardsaver is the best
Insert core i7 for +~500H/s with xmr-stak-cpu
Yes, XMR can be mined with CPU but it will hurt your Processor. So, I would recommend you going with GPU.
actually it does hurt the gpu too. cpu is more durable. but for mainboard yeah it coulf have more wear and tear
Agreed! But I do not like to stress my CPU and it’s even hard if you work on something else and it will start hanging a lot.
Hey, I built a rig based on this guide. A few things if you are thinking about building this:
-Those fans have blue LED that are bright AF. If you sleep near this rig you will want fans without LED.
-Windows 7 does not support 8 GPU so I ended up having to get Windows 10.
Thank You Mike! For your feedback!
Yes, I do recommend using Windows 10.
IM GETTING INTO THE MINIG SIDE OF MONERO AND WAS CURIOUS HOW THIS IS PERFORMING? IS THERE A BETTER SETUP NOW? WHAT IS YOUR 24HR RETURN?
As far as considering today!! It is the best setup you can get! With this rig, I’m getting about $420 per month and about $14 per day.
Hope this helps!
Soham.. When I consider the rate of electricity of Rs.7.8 per unit, I see a negative return using this setup using the calculator, https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=5600&HashingUnit=H%2Fs&PowerConsumption=1750&CostPerkWh=0.1&MiningPoolFee=1
Can you please suggest will it work in India too, as electricity rate in bangalore is around 7.8 after 200 units! With 1750 watts, easily units will be 650+.
Its a great work!!! I like it. What software do you use to mine? i thing this hardware with this miner https://minergate.com it will work great.
Hello Bruno,
I would say that you might wanna use EWBF miner as that’s what everyone is using.
Minergate is for someone who is not that technical. If you are going to set up a mining rig then you will have to learn few things.
Hope I helped.
What about using one of the Radeon RX Vega Cards
โขAMD Radeon Vega Frontier Edition: 1800H/s
โขAMD Radeon Vega 56 : 1940H/s
โขAMD Radeon Vega 64 : 2030H/s
โขAMD Radeon Vega 64 Custom Board Partner Card (using reference vBIOS): 2050H/s
Can this be built in stages?
Like 2 gpuโs at first and add gpuโs gradually?
Yes, that’s what I do!!
Hey Marco!!
Yes, that’s what I mean and that’s what I do sometimes!!! Be futureproof!!
Sohan, nice post. Exactly what I was looking for.
Quick question. So, if I need around 35-40 kH/s kind of rig, do I need to make more if these or is there any better alternative?
When I say alternative I mean all that power in one single rig. I am looking to mine Monero ATM.
Hello Akhil,
You might wanna consider VEGA cards for mining monero then!! To get such high hashrates.
Take a look at this Vega Mining Rig.
Hi guys
I have a question about the conection psu to riser I need to plug all riser on the same power supply or I need to each card and riser on the same psu
thanks and sorry for my English not my first language
You can attach 4 on each PSU!! And remaining ports you can use to attach to motherboard !!
If you want to keep the temp down use cn8cardsaver
Hi Soham,
Vega 64 is not worth the investment, but vega 56 i believe it si. What is your oppinion about this?
How’s monero mining been since moving to RandomX? It looks like GPU mining monero is no longer profitable as RandomX is CPU oriented, did you shift the GPU power to Ethereum?
if i were you, i would still mine ethereum… if you want to invest in XMR, then exchange your ETH in trading platform to XMR, and then sell later on… by this way you earn more XMR compared to mining XMR with your rig…
I agree. Mining Ethereum is much profitable. XMR has its diff ulta shoot up.
Everything explained in detailed. Thank you. But can you suggest any other graphics card that can give more hashrate? So that I can mine around $100 a day? Because, I already bought AMD Ryzen Threadripper 3990X 64 Core Processor with the average hashrate of 55015 h/s. What I mean is how much additional GPU I need to add to my rig if I want to mine $100 a day. ($100=equal value of XMR)
Do you sell these, where people can buy them ready to go?
I don’t sell graphics cards. Checkout Amazon