Newbie Mining Rig

Hello I am a newbie and I’m building my first ever mining rig and I wonder if it is profitable here is the rig:

Component Selection Price

CPU AMD Ryzen 5 5600X 3.7 GHz 6-Core Processor $126.00
CPU Cooler ARCTIC Alpine 23 CO CPU Cooler $12.88
Thermal Compound Corsair TM30 3 g Thermal Paste $7.99
Motherboard MSI PRO B550M-VC WIFI Micro ATX AM4 Motherboard $116.55
Memory Silicon Power XPOWER Zenith RGB Gaming 16 GB (2 x 8 GB) DDR4-3600 CL18 Memory $32.97
Storage Samsung 870 Evo 500 GB 2.5" Solid State Drive $52.99
Video Card Zotac GeFo​rce GTX 10​70 8GB AMP​! GPU | 1y​r Warranty​, Fast Shi​p! $96.95
Video Card Zotac GeFo​rce GTX 10​70 8GB AMP​! GPU | 1y​r Warranty​, Fast Shi​p! $96.95
Case KOLINK Citadel Mesh MicroATX Mini Tower Case $48.68
Power Supply Gigabyte UD750GM 750 W 80+ Gold Certified Fully Modular ATX Power Supply $79.98
Case Fan Thermalright TL-M12 47.6 CFM 120 mm Fan $7.29
Case Fan Thermalright TL-M12 47.6 CFM 120 mm Fan $7.29
Case Fan Thermalright TL-M12 47.6 CFM 120 mm Fan $7.29
Case Fan Thermalright TL-M12 47.6 CFM 120 mm Fan $7.29
Case Fan Thermalright TL-M12 47.6 CFM 120 mm Fan $7.29

																								Total:	$695.51

I haven’t checked anything but much of that is older hardware that I don’t expect to be profitable except as a long term play where you mine at a loss to hold till value is greater than the initial cost. You also don’t include your current electric rate which is needed to figure the operating power cost for the rig.

I haven’t checked the power draw but iirc the 5700X and 5600X have the same TDP before it jumps up significantly so I would expect possibly better efficiency from it though I’m not sure those cost difference.

You also don’t mention what exactly you intend to mine with this rig to know possible profitability though it can be researched what is most profitable for the mining capable components.

at this point if you dont already have them i wouldnt buy gpus prior to nvidia 3000 series or amd 6000 series. however if you have free electricity then if you somehow got in super early and diamond handed a super lucky coin then maybe just maybe you would make money. here is a site to see what a 1070 can make. keep in mind you need to adjust for your own electric cost. NVIDIA GTX 1070 GPU Mining - Hashrate.no