sJBs's Equivalent Price(SEP) GPU List for GPU Mining

[sjbs]

I have done some dabbling with mining over the last month or so and now started to run some numbers to determine the optimal GPU/price for the best returns on your investment.

As everyone already knows, the GPU with the best value for money is the RX-470 (or as it is now renamed the RX-580.) It is really difficult to beat that price point, or is it? That got me thinking and tinkering to find the price for each the GPU based on its mining potential.

This is the price of a GPU when it delivers the same return on investment for me that the RX-470. I used the going rate of RX-470 on Carbs of R2600, I get the following sJBs' Mining GPU Equivalent Price (SEEP):

GPU	Power Usage (Watt)	Mining Rate $ per Day	Mining Rate R per Day	Estimated New Cost	Going Rate on Carbs	sJBs' Equivalent Price based Similar Return than RX470 (SEP)**	Current Trading Premium (Going Rate / SEP)
780	200	$1.00	R 13.63	R4 000	R2 500	R 563	344.05%
780TI	250	$1.10	R 14.99	R5 000	R3 000	R 407	637.10%
Titan	300	$1.40	R 19.08	R6 000	R4 500	R 646	596.59%
GTX 960	100	$1.17	R 15.90	R2 200	R2 000	R1 595	25.39%
GTX 970	150	$1.95	R 26.58	R4 899	R2 700	R2 790	-3.23%
GTX 980	220	$2.12	R 28.90	R9 800	R4 000	R2 625	52.38%
GTX 980TI	250	$3.07	R 41.84	R9 500	R5 000	R4 285	16.69%
GTX Titan X	300	$3.20	R 43.62	R10 000	R6 500	R4 200	54.76%
GTX 1060-3GB	100	$1.75	R 23.85	R3 299	R2 900	R2 745	5.65%
GTX 1060-6GB	100	$1.89	R 25.76	R4 199	R3 500	R3 015	16.09%
GTX 1070	150	$3.07	R 41.84	R6 299	R5 500	R5 000	10.00%
GTX 1080	180	$3.77	R 51.39	R7 999	R7 000	R6 170	13.45%
GTX 1080TI	250	$4.61	R 62.83	R10 000	R10 000	R7 330	36.43%
GTX Titan Xp	300	$5.00	R 68.15	R12 999	R17 000	R7 750	119.35%
Radeon RX470-4GB	120	$1.75	R 23.85	R3 099	R2 600	R2 600	0.00%
Radeon RX470-8GB	130	$1.85	R 25.22	R4 149	R2 800	R2 730	2.56%
Radeon RX480-4GB	160	$1.90	R 25.90	R3 698	R3 000	R2 620	14.50%
Radeon RX480-8GB	160	$2.06	R 28.08	R4 200	R3 500	R2 930	19.45%

**Assumptions
Depreciation	200.00%	pa	ie within 6 months
Cost of Capital	20.00%	pa
Electricity Costs	2.0292	/kWh
R/$ Exchange Rate	R 13.63	/USD

What is interesting is that the 970 looks like it is even better than an RX 470! The ones marked in yellow is trading only at a 10% premium over the SEEP, and the ones in orange 20%. Thus, if you can negotiate or pick it up at a reduced price (SEEP or better), it will be a great deal.

Have anyone else done something similar?

 

[Jack_Bauer_ZA]

Jy het te veel tyd op jou hande....

 

[SILTECH786]

I am keen on getting into this if ROI can be covered within lets say 11 month period (leetpros rigs) there after should be just profits in a sense passive income depending on current markets voilatility and other factors

If stable then a 2nd rig can be added - any advices still new to all of the above ...

 

[GreenTokyo]

The mining earnings goes up and down everyday , why not make us a list of performance per watt

 

[sjbs]

You are right w.r.t the earnings going up and down, but you have to base your financial decisions on your assumptions/forecasts.

And then combine it with the power cost, and your capital costs, depreciation and possibly salvage cost. Just looking at performance per watt will always put the Titan on top, but due to its cost it is not the best business decision.

That is exactly what my list try to do, ie by combining all of the parameters to calculate the price of the GPU when they all have exactly the same RIO, based on my forecast and assumptions.

 

[GreenTokyo]

You are right w.r.t the earnings going up and down, but you have to base your financial decisions on your assumptions/forecasts.

And then combine it with the power cost, and your capital costs, depreciation and possibly salvage cost. Just looking at performance per watt will always put the Titan on top, but due to its cost it is not the best business decision.

That is exactly what my list try to do, ie by combining all of the parameters to calculate the price of the GPU when they all have exactly the same RIO, based on my forecast and assumptions.

Yes I know but I actually just want a list of performance per watt

 

[toy1985]

interesting...

 

[iLLuMiN8]

480's only use about 120w each, and when moded can go down to at least 90w

 

[sjbs]

Tx. I'll update accordingly

 

[b1nd3r512]

So Does any1 have any of the new RX570`s yet?
im keen to setup my first mining rig with two or three of these, im just not to sure on profitability on them yet. Im still new to this and will get help from leetpro just wondering if any has had a chance to play with these cards yet

 

[iLLuMiN8]

can only comment on 580 8 gigs. They mine zcash at about 325 sols each making about $3 a day each. Bios is modded as well.

 

[sjbs]

If I get actual Wattages from other's I'll update the list. My list above was the "rated" Wattage as obtained from the AMD/Nvidia sites. Please put your actual measured Wattages here in this thread to be included - I'll can even make the google sheet available to all to access if you'd like to see some of the calcs.

So far I have RX480=120W according to KRaZi_JC

 

[Not_Jason]

Not sure if this will help you [MENTION=23204]sjbs[/MENTION] some info for my 980Ti http://imgur.com/a/I2sT7

 

[sjbs]

Thanks [MENTION=30691]Not_Jason[/MENTION], it confirms my existing info in the table(obtained from a variety of sources), both the Wattage (250W)and Speed (R41/day) for the 980ti. If I have enough time this weekend, I'll rebuild the financial model in google sheets so that it makes more sense and can easily be customised to your requirements.