Ripping out cryptocurrency with AMD's 1950X

Subject: General Tech | February 2, 2018 - 02:50 PM |
Tagged: cryptocurrency, amd, Threadripper, 1950x

For the next little while at least, you should be able to pay off the purchase of a Threadripper 1950X by mining with it.  [H]ard|OCP did some testing using Monero and found that Threadripper is quite efficient at mining.  When mining full tilt the system, including a GTX 1080, used only 335W which could keep your energy bill somewhat lower than alternative systems.  Of course, with Bitcoin's value wobbling drunkenly might want to move quickly ... or skip it altogether.

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"If you could have your AMD Ryzen Threadripper pay for itself over time, would you? No matter your feelings towards cryptocurrency mining, you can get your Threadripper mining today, and paying for itself. The process could not be much easier either. The big kicker is the actual wattage load on your system is likely much less than you would guess."

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Source: [H]ard|OCP

February 2, 2018 | 04:31 PM - Posted by Anonymouse (not verified)

"Of course, with Bitcoin's value wobbling drunkenly might want to move quickly ... or skip it altogether. "
Since mining Bitcoin with anything other than dedicated ASICs is unviable sure to ridiculous inefficiency (and hasn't been for years), its value is not what you should be watching it for.

February 2, 2018 | 04:44 PM - Posted by Particle (not verified)

"If you could have your AMD Ryzen Threadripper pay for itself over time, would you?"

Unless I could mine with entirely renewable power like solar or wind, no. It's not about the money. People lose their moral footing as soon as money gets involved.

February 2, 2018 | 06:23 PM - Posted by Dapple (not verified)

Amen Particle, amen.

February 5, 2018 | 12:15 PM - Posted by mrvco (not verified)

Solar isn't renewable. Once it is gone (albeit in 5B or so years), it is gone.

February 2, 2018 | 06:42 PM - Posted by Fkr69 (not verified)

Not Bitcoin as it is an asic dominated currency. CryptoNight-based cryptocurrencies, like Monero are the ones AMD is promoting as profitable.

February 4, 2018 | 09:37 PM - Posted by quest4glory

Get real. People are basing their decisions to mine or not on conversion to BTC. Altcoins exist as a way into the BTC pipe dream.

February 2, 2018 | 07:52 PM - Posted by WhatsDoingTheRealGruntWork (not verified)

"When mining full tilt the system, including a GTX 1080, used only 335W"

Maybe it should read you can pay for your TR 1950x system with a GTX 1080/other GPU doing the hashing and really you do not need a TR system to host a GTX 1080 for mining.

For AMD, It's mostly that a Vega 64, undervolted and clocked lower has better per shader core efficiency for mining than that GTX 1080 compared with that 1080's much lower shader core counts. Hense the very reason the miners really love Vega 64. Oh all those Shader cores that got AMD so much grief over the extra gaming power usage where all those extra shader cores where not really needed as much have made AMD so much extra revenues this past business quarter. And Now it's those extra shaders cores that are in such great demand that Vega 64 sells for even more by a fair margin than even the GTX 1080Ti because of Vega's shader core heavy design.

Miners tend to not overclock or overvolt GPUs(they undervolt and underclock) because miners want the maximum Hashes per watt and Vega's hashes/watt metrics are best when all those extra shaders are undervolted/underclocked are taken into the proper account.

And really really any system can if mined on 24/7 can eventually pay for itself if the price of coin is high enough! it's just that Threadripper is a damn bit more affordable for 16 cores than the equivalent Intel 16 core based systems.

Hey you can pay for any system as long as there is some coin to be mined until that proof of work to proof of stake thing happens or some other thing/s of the same sorts that makes it too expensive(GPU shortages, DRAM price spikes) for the small time players to make any profits. Just like general store owner selling picks and shovels to the miners it's the folks that are selling the hardware that will make the most off on coin mining in the end.

And right at the top of the arricle at [H]ard|OCP:

"AMD Threadripper Cryptocurrency Mining

First and foremost, this story angle was pitched to us by AMD a couple weeks ago. It was no big idea of our own. You guys probably know my feelings on the whole cryptocurrency thing, and this was my initial reply to AMD asking me about looking into mining on Threadripper." (See link in PcPer article)

And Hardware makers(picks/GPUs/Whatever hardware) will profit handsomely from mining more so than most miners at this stage in the game. Just you wait until after the goldrush and the hardware sellers always make more in the long run than even the miners that stuck it big with paydirt. Even the lucky few need to purchase their equipment from some seller of Hardware!

Mining can pay for nice server grade hardware also! AND server grade hardware that has a higher resale value for a longer period of than any consumer parts. Server grade parts that are actually made/warrantied for 24/7/365 usage

Personally I do not like AMD's consumer folks pitching TR for server workload stuff when the Epyc systems are so affordable even when compared to AMD's consumer SKUs(This is not the same for Intel's pricy server grade kit). So Folks can also get that single socket Gigabyte Epyc/SP3 motherboard and if they have some RX 470s/480s, Vega/s, GTXs in some numbers of units thay can make use of any Epyc/SP3 MB with 128 PCIe lanes and have the GPUs mining to pay off the hardware's cost. And those Epyc CPUs are priced lower also for the 8/16 core SKUs.

Lots more total PCIe/memory bandwidth available on Epyc/SP3 at twice the PCIe lanes and twice the memory channels for single socket Epyc/SP3 over consumer TR/X399. Don't forget that the EPYC/SP3 MBs are also fully vetted and fully certified for ECC usage, listed in the parts warrenty also for ECC usage! ECC uasge is NOT warrantied/certified/vetted by the MB makers for consumer TR/X399 when its comes to being fully certified, vetted, and warrantied for ECC usage.

Also the Epyc/SP3 SKUs get longer warrenties and longer service assurances for parts availablity and it's years(5+) before AMD no longer offers/services the server grade parts and no longer provides firmware support than on any consumer SKUs where parts are EOLed relatively quickly and no longer made or supported by the CPU's maker after the next generation arrives.

The server grade parts get longe support timeframes because the server industry needs the guaranteed support time-frame of 5+ years until the investment can be full amortized and written off on the balance sheet. Server parts used resale value is higher and all that long term support is a plus for any miner looking to resale for any reasons compared to any consumer grade kit with thet consumer support ending so soon the consumer kit does not get a very highe resale value after a year or two relative to any true server grade hardware.

February 4, 2018 | 08:14 AM - Posted by aiandenk

What model of Epyc processor and motherboard do you recommend for mining instead the Threadripper?

February 4, 2018 | 11:06 AM - Posted by ItAllDependsOnYourNeeds (not verified)

Get the Epyc 8, 16, 24, or 32 core 1P "P" variants or even the 2 of 2P variants it all depends on what you need if you want maixmum memory channel bandwidth then get a 2P Epyc/SP3 MB and that's total 16 memory channels(8 per socket) and if you are only mining then get 2 of the Dual socket Epyc 8 core CPU variants that only have 8 cores per CPU die(2 cores per Zeppelin Die) but each Zeppelin Die(4 dies per Epyc Processor) supports 2 full memory channels for 8 memory channels per processor at 16 memory channels total across 2 Epyc Non "P" dual socket variants. That will get you the maximum of aggrigate memory bandwidth for 2, 8 core Epyc/SP3 CPU variants and 16/32 CPU cores/threads total across 2 processors on 2 sockets.

For single socket workstation usage the Gigabyte MZ31-AR0 (rev. 1.0) is nice if you want something for single scoket usage after the mining pays down some or all of the costs and look at the numbers of PCIe slots on this GB MB, It's really going to be good for workstation usage also. Look at the MZ31-AR0 Block Diagram and see that there are 5 PCIe x16 slots with 4 of the 5 slots bing x16 electrical slots, one x16 slot being x8 electrical. This board will hold its resale value with its feature set if that becomes necessary and this board retails for around $610 to $649 but if you calcualte the MB's Price per PCIe lane that per lane cost comes to the same as a MB costing half as much! It's because you get 128 PCIe lanes on all 1p and 2P Epyc/SP3 MB SKUs. Ditto for the cost per memory channel on the single socket Epyc MBs if you calculate the MB's cost/# of Memory channels(8 memory Channels).

Now the dual socket(2P)Epyc/SP3 motherboards have 16 memory channels(8 per socket) and the 2P motherboards cost around the same as this GB SKU, but the Gigabyte(1P MB) has the best x16 slot metrics if you want to do workstation workloads with graphics cards doing rendering workloads and loads of Vega/HBCC-HBC(HBM2) rendering where the Virtual VRAM can take up way more than 64GB+ of memory space. So if say the Vega 64's 8GB of VRAM/HBM2 memory is not enough then the Vega can use its HBCC/HBC(HBM2) and the HBM2 becomes like a last level GPU VRAM cache that can adress up to 512TB of virtual VRAM on Vega. So the Gigabyte SKUs can be turned into an animators dream with the x16 slots filled with Vega 64s or Even Vega 56s, or Radeon Pro WX SKUs, for some serious animation rendering where high resolution textures and mesh models can be Hundreds of GBs in size.

"AMD EPYC™ 7000 series processor family
8-Channel RDIMM/LRDIMM DDR4, 16 x DIMMs
2 x SFP+ 10Gb/s LAN ports (Broadcom® BCM 57810S)
1 x Dedicated management port
4 x SlimSAS (for 16 x SATA 6Gb/s) ports
Ultra-Fast M.2 with PCIe Gen3 x4 interface
Up to 4 x PCIe Gen3 x16 slots and 3 x PCIe Gen3 x8 slots
Aspeed® AST2500 remote management controller " (1)


"MZ31-AR0 (rev. 1.0)"

February 4, 2018 | 11:56 PM - Posted by Aparsh335i (not verified)

Sorry but miners do overclock their cards and often undervoltbat the same time

February 5, 2018 | 11:30 AM - Posted by TheyDoOvClock (not verified)

Ok fix that, they do overclock.

February 3, 2018 | 09:43 AM - Posted by rukur

Not sure I would go out and buy a TR when my 1700@4Ghz does fine and I already own it.

February 4, 2018 | 08:06 PM - Posted by D3M1G0D (not verified)

I can attest to this. I tested mining before on my 1950X and was pleasantly surprised by the results. If I wasn't using my Threadripper for grid-computing I would definitely use it to mine.

This is not to say that miners should go out and buy TR for mining, but someone who already has one for other purposes may want to consider mining with it on the side (if only to offset the cost).

February 5, 2018 | 05:25 AM - Posted by Aparsh335i (not verified)

So why shouldn’t someone go out and buy one for mining?

February 5, 2018 | 11:42 AM - Posted by TheyDoOvClock (not verified)

The cost of DRAM is way over what it should cost considering that DRAM is not as hard to design and fab as CPUs and GPUs. So if gamers and coin miners want DRAM pricing to fall the best thing to do is just stop upgrading your smartphones every year. Hold on to those phones longer and that will reduce demand for DRAM in the long run.

Hell it would also help out with NAND pricing also, but the smartphone market's uncessarily frequent replacement cycles is what's putting to most demands on the DRAM/NAND pricing and really a smartphones should last a good 3+ years before needing to be replaced.

February 5, 2018 | 01:07 PM - Posted by dude_dude_dude (not verified)

How come it took so much to figure this out?

February 5, 2018 | 01:07 PM - Posted by dude_dude_dude (not verified)

How come it took so much to figure this out?

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