Bitcoin Forum

http://www.newegg.com/Product/Product.aspx?Item=N82E16814103195

These cards I am assuming are new? Too bad a limit of only 10, lol! :)

Limit of 10 is easy to get around :)

5970s are better miners than the top end 6 series cards too .. and more energy efficient

880W for around 2400Mh/s (3 cards)

That's what I'm going to be running in my rigs

 

why can't they do that sort of price in the UK >:(

They are clearing stock for Radeon 7000 series launch in 1-2 months.
It will happen across all markets where those cards are for sale (unless individual merchants refuse to)

That being said, I don't see why anyone would care, mining is dead unless you run a botnet or steal electricity

Or satisfied with extremely low profits

If I get another 5970, I can get killed at twice the FPS as my current setup in BF3 :D

Or run efficient rigs and have low electrical rates.

At current price & difficulty, with 10,000mhash/s you earn ~250 bitcoins per month or a bit over 500 dollars

Even if your electricity is free that's a laugh, not to mention you subject the hardware to wear & tear..
1 5970 dies and there goes almost all of your monthly profit

(Not to mention ~9500 watts of power consumption 24/7 if the rigs are all 5830's or 5970 powered is a lot, given you earn next to nothing)

I have been running two for a few months and have been getting a consistent 1.5 ghash with clocks of 850/300. My rig is running with a flash drive and linuxcoin, all power saving features turned on in bios, non relevant power features turned off. I pull 600 watts average at the wall through my meter. I pay only $.05 per Kwh


Mining Factor 100 at the end of the time frame: 0.19 USD/24h@100MHash/s
Average Mining Factor 100: 0.20 USD/24h@100MHash/s
Power cost per time frame: 21.92 USD
Revenue per time frame: 90.85 USD
      ... less power costs: 68.94 USD

Hardware break even: 1 day
Net profit first time frame: 68.94 USD

So the above calculation is at today's price for one month on two cards. Now I will be adding two 5970's to this rig and have 4 for another one since I just bought 4 more of these cards from newegg.

They come with a 5 year warranty, so your busted card logic is dead. If they die after 5 years I am screwed. Until then I get new cards whenever one fails at $299 each.

with 4 cards I will pull maybe 1150 watts at the wall, but let's say 1200. That will be roughly $135 per month. add second rig $270 per month...PROFIT after electricity costs.

Will I pay off my rigs in 6 months? No, but I can sell my hardware for EASILY 60% of its value if I choose to. Especially the 5970's since they are still one of the best gaming cards you can get.

One decent price bump to $5 a coin over the next 6 months and I'm in GREAT shape. Not a bad place to be for a hardware/overclocking geek that hates the international banking cartels ;)

How so? Where?


hahahaha

I don't know if it's just me, but regardless of what the price of bitcoins may be at right now, I still enjoy mining them solely for the philosophy that bitcoin is based on. I believe in it, and I'll keep mining as long as I'm able.

Trust me, you're not alone in this.

+1 I do as a hobby and as above.

Here, here!