Why I'm Mining Again with my RX580s

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  • Опубліковано 31 січ 2023
  • Several months ago, I faced a tough decision with my RX580 Graphics Cards. The Bear Market and Skyrocketing Electricity prices made Crypto Mining unprofitable and I was tempted to sell my GPUs. But I'm glad I didn't! Today, I'm bringing them out of retirement to mine on the Cryptocurrency Kaspa, with a hashing power of 150mhs at an impressive 70 watts of power. So don't go selling those Old Graphics Cards! As you might be asking, What to Mine with my Old GPUS? Get ready to witness the rebirth of my 8 GPU Mining Rig as I build it from the ground up in this thrilling video. Not sure how to Overclock and Undervolt your AMD Radeon RX580s? No Worries, in this Video I will show you great KASPA RX580 Overclock Settings. Join me on this journey as I navigate the crypto world and discover the hidden potential of my RX580 GPUs. Don't miss out Why I'm Mining Again with my RX580s.
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    ----------
    #Crypto #cryptomining #kaspa
    𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫- I am not an "Expert", I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! I am NOT a Financial Advisor, please always take guidance from Professionals. Everything on this channel is for Fun as a Hobby and Entertainment for you, the viewer.
  • Наука та технологія

КОМЕНТАРІ • 114

  • @TheHobbyistMiner
    @TheHobbyistMiner  Рік тому +9

    💠Please go Checkout Iggy Crypto and Subscribe to his Amazing Crypto Mining Channel
    ua-cam.com/channels/BhEjyS8RMU3uwaDaJ4TBOQ.html

    • @nextlevelmusic8560
      @nextlevelmusic8560 Рік тому

      Can you help me know what driver can I use to use an Radeon 6500 xt to mine any coin. Anticipated Thanks to your answer @The Hobbyist Miner

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому +1

      On my 6500 XT video in the description you need to use a certain version of HIVEOS. Check it out. ua-cam.com/video/E8n0whUgXeI/v-deo.html

  • @genominer2473
    @genominer2473 Рік тому +6

    Great stuff, I've mined Kaspa a bit with 6600's. My mining rig is just like yours, dual power supplies and Mobo in the bottom. Great stuff!

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому +1

      Very nice! I am happy to get these 580s Mining Again.

  • @leolustig8994
    @leolustig8994 Рік тому

    Awesome stuff Hobbyist! And a rig build to boot. Haven't seen one of those in a while. Thank you for that! lol

  • @riftgod6169
    @riftgod6169 Рік тому +1

    Love these older card revamp Videos! I have a bunch of 2000 series that need tuning

  • @BlueDragonMining
    @BlueDragonMining Рік тому +1

    Thank you for the info! I will definitely be deploying my 2 580s once more.

  • @MidwestMining-CryptoForSeniors

    OMG, now something to do with my 580s. I just about fell out of my chair. After ETH, they were boxed up to sell but I just couldnt get rid of them. Now, in 30 minutes, I will be building out a rig. Have no idea of the wallet. Probably use the same as you. THANKS FOR SHARING your find. It killed me not to do something with them at the .08 winter rate. HAPPY DANCE!!!

  • @paladdin1500
    @paladdin1500 Рік тому +5

    So refreshing to see a rig build 😎

  • @LiberatedPotato
    @LiberatedPotato Рік тому +2

    Would you consider making a video about Kaspa? It's fairly launched, Proof of Work, with 1 second blocks.
    If you follow the tech you should clearly see why it's worth the attention.

  • @adlorin
    @adlorin Рік тому +1

    I’m considering to get one or two of those 12GPU mining frames.. might get the amd cards back up too!

  • @miningpotato9311
    @miningpotato9311 Рік тому +3

    What is the power at the wall?
    Polaris are notorious for not reporting power correctly.

  • @lsamuele1996
    @lsamuele1996 Рік тому +2

    All depends on your power rates. But for sure use them istead getting dust!

  • @landoghini7149
    @landoghini7149 Рік тому +1

    This makes me think I should start up the old 5600xt and 6600xt rig

  • @ryanvox1
    @ryanvox1 Рік тому

    i just love how efficient KASPA is period. 400mh on all my 3060ti at 50-60w. Even my 3080s are killing it. 700mh at 71w.

  • @birdgunter4891
    @birdgunter4891 Рік тому +3

    If you were going to build a flux rig which card would you go with? I have wanted an octominer (12) for a while and I think I’m going all in. I was leaning 3070’s, but I keep seeing people rave about the 2080’s.

  • @BalleBallinHigh
    @BalleBallinHigh Рік тому +1

    Brilliant Video! I'm not sure what to do with my 3080's x15 of them. Any suggestions would be welcomed! My electrical rate is 9 cents per Kwh

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому

      Man 3080s are Power Hogs. Thats a tough one. Thankfully you have pretty good electric rates. personally I would put them on a project you support. I would do Flux if I was in your shoes.

  • @dingleberry2848
    @dingleberry2848 Рік тому +2

    I have several rigs of 12 rx470 570 4gb. 890w total from the wall, 143mhs/card. I use it as a basement heater :) Tho they are still very inefficient compared to rtx 3xxx cards since the big updates. So primary product :heat, secondary: KAS.
    I regret not selling them when they were 200$ each.

    • @electric_stick
      @electric_stick Рік тому

      my rx470 Asus 4gb 160mh/s 86W . X8 pcs .But I have solar panels . Profit +

  • @TheMoviebuff78
    @TheMoviebuff78 Рік тому

    Yup lighted my Polaris also all on Ergo and all Sapphire cards 24 off them not selling them at all

  • @mikeanonymous669
    @mikeanonymous669 Рік тому

    Subbed

  • @millerminingcompany
    @millerminingcompany Рік тому +11

    Nice video....Got a question for you. If my calculations are correct, even at .07/kwh you'd be losing about $.40 / day at the current price of Kaspa. So, if you HODL you'd actually have to pay $.80/day or roughly $24.34/month out of pocket just to power a single rig. Bear with me here as I'm not lucky enough to get .07/kwh. Even with solar I'm at an average of .096/kwh so spinning up your rig would cost me (also if I HODL) $36.50/month. I have 41 580s, so all of them would cost me $187.07/monthly. So long story to get to my question here, are you suggesting the future gain of appreciation of Kaspa is a good enough gamble to fire back up or?

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому +11

      I don't mine for Daily Profitability. I don't believe anyone should. Its only profitable if you Mine it, Receieve it and Sell it Today, taking your Profiits. If you look at a Calculator and it says its Profitable and your covering the Electric to Hodl your Spec Mining, without even realizing. For me, I have the hardware, I might as well use it, as I have faith the market will return. When, who knows. Do I think Kaspa will go up from here, yes.
      Thanks for taking the time to put together your comment, well thought out.

    • @stepantk5520
      @stepantk5520 Рік тому +2

      ​@@TheHobbyistMineryes, its ok but it will be more efficient to buy kaspa for same amount of money that you pay for your el bill ... Because you will have more kaspa coins , less noise and heat

    • @Brandon-to9vp
      @Brandon-to9vp Рік тому

      Solar....

  • @joepark8753
    @joepark8753 Рік тому

    Hey man I’m super new to this, I wanna build something to mine because my power is included in my condo fees. I need to gpu mine can’t use antminers for regular plug-in correct? Also what’s my best bet which video cards and mining what?

  • @MximRyzen
    @MximRyzen 8 місяців тому

    I have the same cards.. only the electricity is 0.18 euro cents 😒 and I had to turn them off 😒😒
    interesting.. how much does 6 pieces give on KAS at the moment

  • @imaginariumpictures
    @imaginariumpictures Рік тому

    I will always appreciate the RX 580, since its a card I got my feet wet with, however, I found they were in the way (density) to my expansion.

  • @theonetruejerryx1859
    @theonetruejerryx1859 Рік тому

    I literally bought the static bags to sell em and this makes me stoked.

  • @CatalinTRS
    @CatalinTRS 3 місяці тому

    Out of curiosity, is it more profitable to mine kaspa currency with rx 580 xfx than ETH? And I'm also curious about how long (approximate number of days) you do 1 kaspa with 10 video cards for example? If you have an idea. I ask because I want to get an idea if the mining time and implicitly if the profitability rate would be as big and as fast as that of ETH. With 10 cards, I used to withdraw about 0.65 ETH per month (6 years ago when it was about 350 dollars an ETH), so I had about 200 euros, I'm curious if in a month it is possible to reach at least this amount from kaspa.

  • @granolafunk6192
    @granolafunk6192 Рік тому +2

    I have been trying to sell some of my mining GPUs. But tech channels have pretty much lied about miners, to the point hardly anyone is buying used GPU locally.
    My 5600xt are the cheapest most powerful GPU you can buy locally on craigs list. I took care of them and they work and look perfect.
    Weeks now and not one email.

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому +1

      I'd do Facebook Marketplace or ebay

    • @finnsstuffs
      @finnsstuffs Рік тому

      People will buy jusr price then right.. for 5600xt i’d say about 120ish usd is their value

  • @TheAlrg
    @TheAlrg Рік тому

    Kaspa with ergo in these GPU Will it be worth it?

  • @sirtwin4ten
    @sirtwin4ten 7 місяців тому

    Would you buy used @ $40 to stack up for next bull run?

  • @BlockchainDeFiLover
    @BlockchainDeFiLover 11 місяців тому

    Hi there,
    Can you please answer the following questions?
    -Is it still profitable to build a mining rig with an MSI Radeon RX 580 8GB in 2023?
    -Are those cards available in the market in 2023?
    -What are the current prices for those cards?
    Thanks, and will be waiting for your kind reply.
    Waled

    • @python6612
      @python6612 11 місяців тому

      hello i have rx850 8gb i am selling at super low cost

  • @ktm306
    @ktm306 Рік тому +2

    Sold off all my 570/580's for 6600's couldnt justify running them too inefficient in the current times been finding some very cheap 6600's on marketplace and ebay just gotta keep your eyes peeled

  • @0x3DL
    @0x3DL Рік тому +1

    I have a very old Acer desktop that is just sitting in the storage doing nothing. It has a GT240M GPU, wondering if you have mined with an antique like that. lol... I am mining $Nexa w/3070s...zero power cost :)

  • @pinkparsnipcomputers
    @pinkparsnipcomputers Рік тому

    Does the power limit actually work on RX 580's?

  • @amorzalek4306
    @amorzalek4306 Рік тому +2

    It is funny to see people complaining about price per Kwh when we in Germany pay 0.36 € per Kwh 😅

  • @sausageslaps
    @sausageslaps Рік тому

    is kaspa memory or cpu intensive?

  • @cinemoriahFPV
    @cinemoriahFPV Рік тому +7

    And this is why you never buy a used Rx 580.

    • @rehtric6537
      @rehtric6537 Рік тому

      you can easily buy them used if you know how to repaste and replace thermal pads.

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому +2

      Agreed. Repad, Repaste and off to the races you go.

    • @-n-6969
      @-n-6969 8 місяців тому

      ​​​​​​​@@rehtric6537Nahh... GPU capacitors, VRM, VRAM chip, resistors and other physical components degrade overtime and mined gpu's are running 24/7, You didn't know how much life remaining when you buy it. it may work for days weeks and after that Garbage display. Blue screen. Dead gpu. etc.

    • @rehtric6537
      @rehtric6537 8 місяців тому

      @@-n-6969 this is the case if the gpu has been running continuously for 12-24 months. I highly doubt there would be significant degradation for a 580 used to mine for anywhere less than a year continuously. Not to mention that some used gpus are even purchased from people who game on them and may use lighter OC’s. You will find miners offloading used gpus, but they would be happy to let you know how long they have been using the gpu for.

  • @BlackCoinCrypto
    @BlackCoinCrypto Рік тому

    Are you using the default bios or are you cards modded with the one click timing bios that was the go to for ETH mining.

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому +1

      These all have the Polaris 1 Click Bios Editor done on them.

    • @BlackCoinCrypto
      @BlackCoinCrypto Рік тому

      @@TheHobbyistMiner
      Same bios mod as me.
      I'm just trying to work out why your results are so far removed from mine. By best card is doing 129 for 77w, that's 1.6 efficiency. Yours are up at 2.5.
      Thanks for the reply.

    • @theannoyingsalt613
      @theannoyingsalt613 Рік тому

      @@BlackCoinCrypto me too

  • @sasakostic1982
    @sasakostic1982 Рік тому +1

    prime is the only choise for polaris cards

  • @darklavoine2421
    @darklavoine2421 Рік тому +1

    unfortunately it's more profitable to DCA the $ of daily electric usage to get more coins atm..

  • @HiBro77
    @HiBro77 6 місяців тому

    hi man how much one day earn on rx580 one cart

  • @alfiethefeline3311
    @alfiethefeline3311 Рік тому

    yes but you still run too much power for such small hashrate. My each RTX 3090 gives around 1100 mh/s at 255Watts its even possible to do more efficient then that. So yea i would have get rid of them how old are they it must be like 4-5 years old at least.

  • @waphentv8569
    @waphentv8569 Рік тому

    new sub. here

  • @remorema
    @remorema 8 місяців тому

    Let’s say I don’t care about the electricity bill.
    How much can a single card make per day in €?
    What’s the best cheapest gpu for this?

  • @lautaroteglia6324
    @lautaroteglia6324 Рік тому

    hi guys, does anyone have the oc for rx570/580 for vertcoin? thaks for all the content.

  • @haroldsmith6640
    @haroldsmith6640 Рік тому

    if you like paying more for power go for it.

  • @jarnom85
    @jarnom85 7 місяців тому

    Could fire up the ol good mining rig. Have since shutting them down upgraded my house to solar panels and one wind turbine. Pretty much right now i have excess energy generation my house cannot use, shure i could sell it to the grid but i will have better profit every day from mining than selling to grid for few cents, batteries would still be full at end of day even with rig consuming 1000w.

  • @likeorasgod
    @likeorasgod Рік тому

    aren't you still in the nagative? So your just mining the coins and eating the cost of electrical?

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому

      I am not mining with Daily Profitability in Mind. My goal is to HODL Crypto with the GPUS and Hardware I have.

  • @leolang8128
    @leolang8128 11 місяців тому

    i have a soft spot for 580 red devil cards

  • @fatihbasaran9264
    @fatihbasaran9264 Рік тому +2

    my 1 x 2060 88w 1x 1660s 80w 1x2080s 100w gives 1,2 gh lol miner 267 watt.

  • @OzSkyking152
    @OzSkyking152 Рік тому +1

    Oh no, I just sold my rx580's. I am running amd gpus on kaspa also with low power draw.

  • @RaptorMining
    @RaptorMining Рік тому +3

    Me to mining with 580's 😉

  • @JRTheElectronicGuy
    @JRTheElectronicGuy Рік тому +2

    Kaspa/Ergo/Zil triple mining

  • @nrobinson20081985
    @nrobinson20081985 Рік тому +1

    1660 supers are at 200mhs for 30 watts

    • @MOTUprints
      @MOTUprints Рік тому

      damn son, thats pretty low wattage, what kind of clocks?

    • @nrobinson20081985
      @nrobinson20081985 Рік тому

      @@MOTUprints --cclk 1180
      --mclk 810

  • @subrunnerfly1703
    @subrunnerfly1703 9 місяців тому

    I got a 590 and 580 + a 6600 now working together the 590 is mining much faster than 580 and the 6600 is twice as fast mining than the 590

  • @alfiethefeline3311
    @alfiethefeline3311 Рік тому +1

    Hi hobbyist , after 4 months of ethereum merge still looking for the answers as a miner, WHAT IS THE REAL REASON ETHEREUM MERGED? any videos about it ? may be a documentation ? All i can find is the bulshit of carbon emmisions but what is the real reason. We all know they really dont care about the world. Why ethereum back stabbed miners?

  • @proevo1
    @proevo1 Рік тому

    Epic 0.50$ a day profit

  • @alextreeman7964
    @alextreeman7964 11 місяців тому

    4algo

  • @patrekbrown8679
    @patrekbrown8679 Рік тому

    8gb?

  • @TheHobbyistMiner
    @TheHobbyistMiner  Рік тому

    ⭐Checkout Coastal Crypto Mining's Store geni.us/CoastalCryptoHOBBYIST
    💰Use Checkout Code "HOBBYIST" for 5% Off

  • @MaxiG
    @MaxiG Рік тому +3

    Stack Kaspa... lol

  • @cryptoclub4761
    @cryptoclub4761 Рік тому

    Kaspa+zil

  • @benoittheminerandgamer
    @benoittheminerandgamer 6 місяців тому

    well at 1200mh/s you will earn 0.25kaspa/day and lost 1.20$/day. There something else to mine with this gpu.

  • @RaptorMining
    @RaptorMining Рік тому +1

    First 🙋‍♂️❤️

  • @BobbyTB425
    @BobbyTB425 Рік тому +1

    I sold my gtx 1660 supers off and stopping mining with 6 gb video cards and below. My last one is going into one of my computers that has a gtx1650.

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому

      1660 Supers were so efficient on ETH, good choice!

    • @Jeff_Rodriquez
      @Jeff_Rodriquez Рік тому +1

      @@TheHobbyistMiner 1660 super pny xlr8 good on kaspa too. mine are getting 242 MH at 35 watts each

  • @andresbonelli
    @andresbonelli Рік тому

    150 MH/s for 70 Watts doesnt seem too tempting at all... lets face it, till further notice AMD 500 series is out of the league, they are pretty damn good cards for video, though...

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому +1

      My goal for this video was to show miners that had RX580s sitting on the shelf, they may be worth putting to work.

  • @HiBro77
    @HiBro77 6 місяців тому

    you guys how much earn one day $100

  • @infineon222
    @infineon222 Рік тому

    2.5mh per watt doesn't sound that great

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому

      I have the GPUS, Might as well use them with these Watts. I wouldn't recommend going out and purchase RX580s. But if you have them, great way to get them out of storage.

  • @stevendavies98
    @stevendavies98 Рік тому +1

    But your loosing $$$. I guess you just have more failth in mining that I do.

    • @TheHobbyistMiner
      @TheHobbyistMiner  Рік тому

      I don't mine for daily profitability. I mine for future speculation of a coins value going up in value.