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
Mining cards have been made, look at the "P" series 1060 and 1080 equivalents.
Unless the politicians and CEOs stop their life style, move to a small house or apartment with green energy, take a bike or public transport to work, stop flying or driving everywhere. I don't give a rats ass about "global warming".
They are trying to scare us with all those doomsday graphs, that predict the ice cap melting because of cow farts. Yeah right, just like with Corona, they impose laws and regulation on us while they are exempt from them.
I use LED lights in all my house and A+ or above appliances mostly because of lower operating cost. But i'm not going to feel guilty that my undevolted PC pulls 350W from the wall while i play games as entertaiment and i heat up the planet.
My opinion is that crypto is mostly for criminals, covert dealings, covert ops or any other "dark" activity. Honest people prefer normal currency. There are honest people that use crypto, but i think that is a small minority.
Governments are, by and large, under-reporting death count and infection count because they don't want to look bad. If somehow you got the idea that politicians and CEOs are trying to scaremonger you, I've got bad news for you. They are absolutely doing the opposite and trying to downplay the severity of it all, because the methods of fixing it properly would be unpopular (costs tax dollars) and hurt the economy. They are literally passing the buck because they want to get re-elected, or they want someone else other than them to foot the bill.
bitcoin is now over 50% higher than its peak three years ago.. i expect eth to do the same.. for those that dont know one bitcoin is now targeting £30000 dollars.. one eth is now around $750 dollars and about to leap upwards..
its not what its worth now but what it will be worth in the future.. the first time around it was all driven by geeks in a basement.. this time around its driven by big money investment agencies.. its become "respectable" and because of this more secure..
the big money people wont be so easily scared out of it they think more long term..
trog
ps.. if there aint enough product the problem aint with the buyers its with the makers.. they should get their act together and make more.. :)
On topic.
Now unless there is a way to pre-order it a factory level, we, as gamers are not in a fair "fight" against the miners.
One of my friend is hooked-up on a mining pool 24/7, but just with a normal card and don't pay much. Like 25€/year.
Imagine a guy having this advantage and using it to build a huge rig like this...
Imagine how much people and the environment suffer in Africa to get those rare earth metals that they use in hardware or how much polution was made by the factories and mines producing the wind and solar devices, or the copper cables the power runs thru.
There is no zero impact :) just like you or me eating, something must suffer and die so we can eat it, regardless if it is an animal, plant or insect :)