Then you are in the right place. Today I will show you how you can build an Ethereum Mining Rig by using Nvidia Graphics cards.
Update – With the current price of Ethereum that has gone up. You can mine more with this rig. Also, this mining rig capable of mining other coins too like Zcash, Monero, etc. This Ethereum Mining rig can work without any problems in 2020.
Ethereum is the second most popular cryptocurrency out there after Bitcoin. And if you are looking for investment in cryptocurrency you can read my guide –
The reason we are building an Ethereum Mining Rig with the help of GPU’s because Ethereum is ASIC resistant i.e you cannot mine on the ASIC hardware that is highly capable of mining and these are now used to mine Bitcoins & Litecoins.
So, all of the miners around the world are building Ethereum Mining Rig with the help of GPUs.
So, without further ado, I’m going to show you how to build the cheapest Nvidia Ethereum Mining Rig.
I have mentioned all the links from Amazon so that it would be easier for you to buy if you are starting out with mining.
6 GPU Nvidia Ethereum Mining Rig
So, we are going to use 6 Nvidia graphics cards for mining. I will also explain the hardware that I have used.
Our Mining Rig will consist of –
- Nvidia Graphic Card.
- Power Supply Unit.
- Mother Board.
- Mining Rig Frame.
- PC Power Cable.
I have listed all hardware below. You need to assemble them – which I think is very easy if you have assembled a few PCs.
I have tried to make this post very easy to use and implement for the beginners.
You will need 6 of them.
We are going to build a 6 GPU Mining rig – so, we will need 6 Nvidia GTX 1060.
These are some good graphics cards that you can get in the market. 1 GTX 1060 can produce an hashing power of 20 MH/s i.e 20X6 = 120 MH/s.
There are few graphics cards that cost a lot but does not produce a lot of hashing power. In comparison to our cheap mining rig, I have gone with GTX 1060. This ZOTAC GeForce GTX 1060 is a 6GB DDR5 graphics card.
I personally will give you one piece of advice as most of the graphics card becoming out of stocks you can look out for the other sellers or used graphics cards on Amazon they are really cheap and affordable. Importantly they are well in condition.
If you in the future decide to resell these graphics cards they are very easy to be sold.
Simple, you can put your GPU card in the slot that is available on the RISER, and the cable of the RISER can be connected to your GPU.
You must also check that your Motherboard has 6 GPU slots for RISERS. I have listed the motherboard below.
This ASrockLGA 1150 Supports 6 GPU so you could mine without any problems. The motherboard is the base of your mining rig. Every component of your Ethereum mining rig will be connected to your motherboard.
So, must also make sure that your motherboard is placed properly inside the case so there is enough of ventilation.
The main feature that we are going to look into this motherboard is PCI express slot i.e GPU slot. This motherboard supports DDR3 RAM which will not affect our mining efficiency.
I’m going with a DDR3 RAM as this motherboard only supports DDR3 RAM. The memory of the RAM does not matter If you go with 4GB or 8GB the mining efficiency would be the same.
So, better go with 4GB rather than 8GB cutting the extra cost.
So, you probably might be thinking about why to go with Celeron why not i3 or i5. The reason is GPU’s are faster and efficient in mining and calculation. We are going to do GPU mining.
We only need a CPU to start the mining and the whole mining process would be done with GPU.
We will go with Intel 7th Gen Celeron or you can even go with Intel Pentium G3250.
It doesn’t matter how fast is your CPU. So, the best way is to go with Intel Celeron.
By using SSD’s you are increasing your processing speed and reducing the transfer period needed.
You don’t need 500Gb or 250GB of storage the only things that will be operated on the SSD will be your OS, Mining Software, and blockchains that will be downloaded. That’s it that will also not make up to 100GB.
So, you are happy to go with 120GB. You can go with SanDisk SSD PLUS 120GB.
If you are going to run your rig then you would need an excellent and supported power supply unit. We are now going with EVGA Super Nova which will supply 1200W. No doubt we will only need 1000W but we can be on the safer side with the use of 1200W.
How do you calculate the power supply needed? Well if your 1 GPU consumes about 150W than 6 GPUs will make up to 900W but there are other components that will be attached to the PSU. You might even attach a monitor or a screen to view your hashing power.
So, we will go with 1200W PSU i.e EVGA SuperNOVA 1200W Platinium.
One thing that we are not using in-out mining rig is a cabin or a case so there will be no power switch to turn on your motherboard to mine. So, to do that we are going to use the ATX power switch that will attach to the motherboard and you can easily power on or off with the help of the button.
It is very beneficial and you must not miss this one. Many of them are trying to buy a mining rig, miss, this component. Also, make sure you buy this with other hardware as you will cut out some shipping charges.
The next important thing that you need is a Mining Rig Open Frame. I would recommend you build one yourself as a DIY project. There is nothing much that is needed. You can customize as per your needs.
But, if you need a ready-made Open Air Frame there are many that are available on Amazon. You can check them out. The main and most important thing you will be looking for is that there is more space for airflow.
You really don’t wanna blow things up. You can even place some fans on the rig to keep things cool. The rig that I have mentioned is a 6 GPU Open Air Case for mining cryptocurrency.
Remember, you don’t need a fancy looking case.
10. Windows 10
You would need an compatible platform for running your mining rig right. You can go with Linux but it is always good to go with Windows with compatiblity and its interface.
More supported drivers and more the customizations that can be made.
If you have assembled this mining rig you will be able to mine Ethereum. Not only Ethereum but also other crypto coins like Zcash, Dubai Coin, Litecoin, Bitcoin, Monero, Etc. There are numerous coins that are available for mining.
But you must mine only those which will give you a good amount of profit.
For example, if you could mine $400/month no matter which coin you mine it is profitable. With this, you can easily cover up the initial investment that you have made in building your mining rig.
mining Ethereum is great now. In the future, you think of adding more GPUs to your mining it is possible so need to worry.
With this assembled set of 6 GPU mining Rig, you can achieve Ethereum hashing of a minimum of 120MH/s. Calculating everything you can mine about $350 of ETH per month.
So, this was my best Nvidia Cheap Ethereum Mining Rig hardware that can be built at $2500.