Wednesday, December 30th 2020
Ethereum Mining Farm with 78 RTX 3080 Graphics Cards Spotted
Availability for NVIDIA and AMD's latest graphics cards is dire, to say the least; the average consumer finds their stocks to be spotty, at best, with available cards quickly dropping into oblivion. Scalpers and their associates are part of the problem, as is already well-known; however, another element to this same problem - at least, when it comes to numerous graphics cards finding their way to the same consumers, instead of being available for others - is mining. Because while we are definitely not facing the same shortages as we were back in the day where everyone and their mother wanted to get into mining using our tried and true graphics cards, mining farms are still a reality, and they are making use of NVIDIA (and AMD's) latest graphics cards as well.
Case in point, a mining farm running as many as 78 PNY RTX 3080 graphics cards has surfaced in Las Vegas. This 78-card mining farm was apparently put together with a $100,000 budget (around $1,199 per card, not considering other installation costs). For that money, the mining farm should be capable of around 6,474 MH/s (83 MH/s per RTX 3080), which amounts to a monthly Ethereum production of around 17.3 ETH per month (pricing fluctuates, so we won't give an estimation on dollar value for each ETH). Associated electricity running costs with such a system, including cooling, should pan out around 23.4 kW (with an estimated 300 W of power for each card) at $8.34 per Kw.
Source:
Hardware Times
Case in point, a mining farm running as many as 78 PNY RTX 3080 graphics cards has surfaced in Las Vegas. This 78-card mining farm was apparently put together with a $100,000 budget (around $1,199 per card, not considering other installation costs). For that money, the mining farm should be capable of around 6,474 MH/s (83 MH/s per RTX 3080), which amounts to a monthly Ethereum production of around 17.3 ETH per month (pricing fluctuates, so we won't give an estimation on dollar value for each ETH). Associated electricity running costs with such a system, including cooling, should pan out around 23.4 kW (with an estimated 300 W of power for each card) at $8.34 per Kw.
93 Comments on Ethereum Mining Farm with 78 RTX 3080 Graphics Cards Spotted
I'm really surprised Country developed crypto hasn't usurped the originator's yet and that they're not legislated against more.
And I used to mine, I'm not fully a hater but given the environmental impact I'm not all for it And the banking system existing side by side.
Hope they overheat, catch fire and burn the place down.
@yotano211 Gloating about your scalping success while bemoaning mining, interesting take to bring to the table I'm not sure I'm a fan of your ways but it's legal so I'll not say to much.