Due to the growing value of Bitcoin, Ethereum, and other altcoins, the demand for the best miners and calculators is huge. Therefore, if you are looking, you sould set high expectations and a low budget. The good news is that if you're careful to spend your money on what you can mine, you can save a lot of money by buying a better computer for mining. These computers can also be used for other daily tasks such as work and play. In short, you also have a great computer for doing anything plus mining.
There are countless ways to monetize your computer, but right now few are as exciting and potentially beneficial as mining for cryptocurrency. Currency diversification has led to a digital gold rush as individuals, mining pools, and miners are competitive enough for the same block. So how do you set up your own new crypto and claims mining? It is important to build a foundation and a balance between performance and efficiency.
Let's start with the software, because it is probably the least stressful decision you have to make. Most of them are free and all have the same versions, but there are still things to consider. The currency you mine is more important because you need software that can actually use that currency. There are also features and customizations offered by some programs that are not available worldwide. Start with currency compatibility and make decisions from there.
There are countless ways to monetize your computer, but right now few are as exciting and potentially beneficial as mining for cryptocurrency. Currency diversification has led to a digital gold rush as individuals, mining pools, and miners are competitive enough for the same block. So how do you set up your own new crypto and claims mining? It is important to build a foundation and a balance between performance and efficiency.
Requirements:
Actually the list is quite short. You need a crypto wallet to keep your coins. You need mining software. And of course, you need processing power, whether it's bought from someone else or generated by your mining vehicle.Let's start with the software, because it is probably the least stressful decision you have to make. Most of them are free and all have the same versions, but there are still things to consider. The currency you mine is more important because you need software that can actually use that currency. There are also features and customizations offered by some programs that are not available worldwide. Start with currency compatibility and make decisions from there.
Case/Cabinet
You can work without a cabinet, but if you still need a good cabinet, you can use this as your cabinet.
Motherboard + CPU
The GPU has to connect to something and you’re going to need a motherboard for that rig and the more GPUs it can accommodate, the better. For our budget rig, you can use any B450 motherboard because it has a long track record of success and you can use this with an AMD processor such as R5 3500. We are not going to use CPU mining of Ethereum.
SSD
You can also use an HDD, but a cheap SSD like this Kingston is preferred.
Power Supply
Your PSU is critical. Know how much power you need before you get started and don’t skimp on a PSU. We will use a Corsair VS500 80 Plus Power Supply that you can buy here.
Monitor, Keyboard, Mouse, Fans, RAM
You can choose any of them, it does not matter to our mining rig.
GPU
This is most important part. GPU mining is more common. It's much easier to connect a large number of powerful GPUs to the motherboard and set them up for tasks. Choosing the right GPU can be difficult at best, but it's an exciting part of tracking and there's no silver bullet.
Nvidia and AMD are clearly the top two candidates, each with attractive options for both seasoned hash crackers and junior minors. The MSI GeForce RTX 3090 is a solid option in terms of performance, but it's definitely a heavier investment and hard to come by.
The best budget GPU is RTX 3060Ti, you can learn about why we chose this here.
This finishes our cheapest mining rig.
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