Ethereum Mining Farm with 78 RTX 3080 Graphics Cards Spotted

[awesomesauce]

compagny should separate gaming and mining card

make specific card for mining

i dont know if that possible

is buying old card that has mined really good? isnt proved mined card lose warranties?
i remember something with MSI if they see card has mined they dont repair.

correct me if i'm wrong

 

[Caring1]

compagny should separate gaming and mining card
make specific card for mining
i dont know if that possible
correct me if i'm wrong

What's with all the double spacing?
Mining cards have been made, look at the "P" series 1060 and 1080 equivalents.

 

[InVasMani]

Just think how much better off the environment would be if Intel ever ditched 14nm.

 

[droopyRO]

It is not about first come first served. Because we as gamers never get to the bidding, since the deals are made at factory or retailer level. I as a normal person can not buy directly from the importer. So yeah it is not a fair competition, it was not in 2017-2018 and it is not today

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.

 

[Chrispy_]

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

Are you okay? You do realise it's not the politicians and CEOs that are providing the climate change and covid data, right? The climate change data comes from career meteorologists and climatologists who have spent their entire life studying and gaining peer-reviewed expertise in their fields. They are being ignored and dismissed by the clueless politicians and CEOs. COVID data is mostly being generated by morgues and hospitals. It's really hard to argue with dead bodies.

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.

 

[Vya Domus]

Are you okay? You do realise it's not the politicians and CEOs that are providing the climate change and covid data, right? The climate change data comes from career meteorologists and climatologists who have spent their entire life studying and gaining peer-reviewed expertise in their fields. They are being ignored and dismissed by the clueless politicians and CEOs. COVID data is mostly being generated by morgues and hospitals. It's really hard to argue with dead bodies.

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.

He's pointing out the fact that environmental impact is often claimed to sit on the shoulders of you're average Joe, which is and will always be ridiculous.

there is a degree of hypocrisy in this thread people.. gaming aint exactly an essential use of power.. gamers must waste one hell of lot more power than crypto miners..

those 300 watts per card figures are also wrong.. more like 200 watts per card.. the cards will all be set to a 60 % max power limit.. keeping the heat and power usage down is part of the game..

my 2080 ti card which is currently mining is running at 990 mhz.. minus 450 on the core clock and a max power setting of 60%...

contrary to popular belief mining cards are not being flogged to death.. far from it.. they are set for minimum power usage and minimum heat generation.. the memory is clocked up but everything else is clocked down..

my 8 x 1070 machine is silent in operation all 24 fans just ticking over and it pulls around 1000 watts.. its running in my spare bedroom with the wide door open..

it puts out about 200 mh/s.. a 3080 card generates about twice as much coinage as a 1070 card.. i recon set up correctly a 3080 card would use around 160 watts not a lot more..

trog

ps.. for what its worth i own about 1/3 of a bitcoin.. 10 eth and 25 lite coin.. i am at least $7000 dollars richer than i was a couple of weeks back.. all this is stuff i hodled from the last time around.. the hardware i mining with is also from the last time round.. i would not spend any more on mining hardware..

Ah yes a miner telling us it's all fine.

 

[lexluthermiester]

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).

I know I'm late to the party, but this it sheer stupidity! Why would anyone in their right mind(likely a key point) mine Etherium with 3080's? It's a waste of money, time and electricity for a return that will not factor out. While Etherium is trending up at the moment, it's likely to lose it's value again like it did in 2018. Absolute nit-wit thinking went into the effort described in this article.

 

[mouacyk]

I know I'm late to the party, but this it sheer stupidity! Why would anyone in their right mind(likely a key point) mine Etherium with 3080's? It's a waste of money, time and electricity for a return that will not factor out. While Etherium is trending up at the moment, it's likely to lose it's value again like it did in 2018. Absolute nit-wit thinking went into the effort described in this article.

The fact that gamers are salivating for cards might be giving miners the idea that they can pawn them off at cost later.

 

[Berfs1]

Heat goes up, not down. You gotta be an actual dumbass to mount the cards like that (instead of upside down). Especially if you are doing any sort of compute workload for profit... when you get better cooling, you get lower leakage. When you get lower leakage, you get lower power consumption...

 

[Midland Dog]

trashy setup 100k cost and its only making ~15k aud per month

 

[300BaudBob]

When I'm gaming I'm not doing other energy using things like driving. Or not even reading so lights are dim or more likely off. Such things as these factor in too when doing comparisons.

 

[micropage7]

Thank God i'm not drunk so i can see there many graphic cards than a full size bed there

 

[Readlight]

What they buy whit Ethereum?

 

[trog100]

i expect etherium to treble in price at least during the coming months.. its now about half what it was at its peak three years ago..

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..

 

[Aquinus]

I still think that the whole model of modern cryptocurrencies is ripe for fraud and manipulating money out of people by selling them on the idea that you can "make money" by generating useless numbers and raising the ambient temperature of the room. It's kind of like people thinking that a free lunch is actually free for everyone, including the one who paid for it. I've always felt that crypto is snakeoil and gamers get to pay the unfortunate price for it, literally.

 

[droopyRO]

He's pointing out the fact that environmental impact is often claimed to sit on the shoulders of you're average Joe, which is and will always be ridiculous.

Exactly my point

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.

 

[Renald]

Don't forget that some people work in Power supply companies, and have a 90% discount on electric bill + no annual fees.
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...

 

[R0H1T]

Just think how much better off the environment would be if Intel ever ditched 14nm.

Or how about people stop buying all the junk they don't really need?

Don't forget that some people work in Power supply companies, and have a 90% discount on electric bill + no annual fees.

Yup, have a few relatives getting the perks of being employed in the right place at the right time! Of course they'd rather make money off of such largesse instead of doing something better like Folding@Home

 

[Jism]

It would be better, if someone build a completely independent setup driven off natural energy, i.e wind, solar and all that. There was a guy who ran a solar based ASIC miner in his barn. Now that is a as good as zero impacting the enviroment to be honest.

 

[droopyRO]

There is no such thing.
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

 

[nasky]

The ones to blame here are these people "designing" these "coins", mining should be brought down either CPU/GPU or ASICs now how do you achieve this with all the hype going around cryptocurrencies and blockchain that I don't know

 

[mouacyk]

Supposedly, Etherium is switching to a more energy-friendly Proof-of-Stake algorithm, so the mass hoarding of new GPU's doesn't make much sense besides just ticking off gamers. When you don't have to compete to finish the work faster, you don't need as much hardware anymore. The switch isn't immediate, and may take multiple phases over multiple months, so existing hoarders should be dumping the cards then.

 

[Turmania]

I never understood the fuss about mining and how it works, nor did I care about it. I assume all the negativity surrounding it, is about price increase due to demand. But us power hungry tech users, talking about environmental issues is very ironic and very sad at the same time.

 

[Night]

Great, and when those cards are near EOL he'll sell them at average used price - 20%, with "was in my grandfather's PC".

 

[newtekie1]

In 6 months, may be we will get second-hand 3080's at $700, that are mined to 1.5inch of their lives.

I've bought several mined cards and they've all been great, still running to this day. There really isn't any reason keeping a card under load constantly is going to drastically lower its life if the card is well built from the beginning.