Profitability

[Maldark]

Hi there

I was wondering whether or not I was actually making any profit, or if I even was making any in the first place so I bought a watt meter.

Profitability table: https://i.imgur.com/Ej3VR2W.png

as you can see I pay $0.27 / kWh, I hash about 1,2 mh/s and according to the watt meter i'm pulling 780 watt from the socket.

Anyway, is there anything I've missed or is it simply not profitable for me to mine with my 2x 7950's?

Kind regards
Maldark

[Foxpup]

You haven't missed anything, except the boat on GPU mining, obviously. GPU mining just isn't profitable these days unless you have very cheap electricity.

[J35st3r]

Hi there

I was wondering whether or not I was actually making any profit, or if I even was making any in the first place so I bought a watt meter.

Profitability table: https://i.imgur.com/Ej3VR2W.png

as you can see I pay $0.27 / kWh, I hash about 1,2 mh/s and according to the watt meter i'm pulling 780 watt from the socket.

Anyway, is there anything I've missed or is it simply not profitable for me to mine with my 2x 7950's?

Kind regards
Maldark

No that looks fair. Of course its all sunk cost, so you could continue mining in the hope that the BTC->USD rate improves (or alternatively buying  BTC on an exchange may be cheaper).

I'm not sure I agree with the 0.61 profitability decline per year on that site. Wildly overptimistic. Have you tried http://www.coinish.com/calc/ ?

[mprep]

Yeah, GPU mining isn't a thing anymore. There's proffessional gear used already.

[b!z]

You can mine altcoins for more potential profits.

[rme]

Profitability cannot be calculed because difficulty can increase randomly.