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News hardware & software 12 January 2021, 13:06

author: Bart Swiatek

Crypto Mining Rig With 78 RTX 3080 GPUs Will Brake Even in 7 Months

Photos of a rig built to „mine” cryptocurrency known as Ethereum have appeared in the web. Owned by Simon Byrne, the setup is equipped with 78 GeForce RTX 3080 cards.

IN A NUTSHELL:

  1. Internet user Simon Byrne built a cryptocurrency mining rig equipped with as much as 78 GeForce RTX 3080 GPUs;
  2. The rig cost about $100k, but at the current exchange rate of Ethereum the expense should pay for itself in about 7 months.

If you're pissed that after a few months you still can't get a GeForce RTX 3080 - or you're bitter that it cost you an arm and a leg - we're happy to report that cryptominers have no such problems. Photos of a cryptocurrency mining rig built using - wait for it - 78 Nvidia's flagship GPUs have appeared online (via TechArp)

Crypto Mining Rig With 78 RTX 3080 GPUs Will Brake Even in 7 Months - picture #1
78 GeForce RTX 3080s hard at work mining crypto for their overlord. Source: Simon Byrne.

The rig is called Berta 2 and belongs to one Simon Byrne, who probably paid about a hundred thousand dollars for it.

According to the data from Minerstat, when mining Ethereum (GeForce RTX 3080 is said to be exceptionally well suited for it), each chipset can provide a daily profit of $6, taking into account the current exchange rate of the said crypto (a single unit costs about a thousand dollars) and electricity expenses. This gives an average of $14.1 thousand per month, which means that the GPU investment should pay for itself in about 7 months - assuming, of course, that Ethereum's exchange rate remains unchanged during that time, which seems unlikely, as the cryptocurrency market is extremely chaotic.

The exchange rates of cryptocurrencies such as Bitcoin and Ethereum have gone up strongly in recent months, reaching levels not seen since the turn of 2017 and 2018 (or even exceeding them). Unfortunately, this reflects negatively on GPU prices, especially since, due to a number of factors related to the coronavirus pandemic, even without cryptocurrencies the availability of the latter would be average at best.

  1. Nvidia - official website
Crypto Mining Rig With 78 RTX 3080 GPUs Will Brake Even in 7 Months - picture #2
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