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Author Topic: Profit based on hardware?  (Read 834 times)
aaa801
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February 28, 2012, 06:38:12 PM
 #1

Hi, im just getting into bitcoin mining, i ordered a    
Sapphire Radeon HD 5850 Vapour-x which should get around 350mhashs according to the mining comparison site,
I also have free electric (i love where i live Wink )
What turnaround am i looking at for this and whats the best way to set up, p2pool etc?

The cost of the card was £86.00

LTC: LUUikznZrvDb65ZCNQUNCiTaCB4CWGYRSZ
BTC: 1325TrScK8jkiPuMEMxNf1VXHHfnR1QtgN
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SgtSpike
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February 28, 2012, 06:46:41 PM
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Given the current difficulty, and assuming the exchange rate stays at 3.06 GBP per BTC, you'd be looking at making about 24 GBP per month with the card.  BUT, that's not counting electric costs.  To run it, you're looking at 200w with the card and computer combined (give or take).  That's 144 KWH per month.  Assuming your electric rate is $0.15 GBP/KWH, you're going to be paying about 21.60 GBP in electric costs per month.

So, I hope you either have cheaper electricity than I have posted, or someone else is paying it for you!  Else you're going to be waiting a loooong time for that card to pay for itself!
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February 28, 2012, 06:55:18 PM
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So, I hope you either have cheaper electricity than I have posted, or someone else is paying it for you! 

Was the first post edited?  Huh
No.... I just guessed what his electric rates might be, based on previous electric rates I've seen posted from people in Europe.
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February 28, 2012, 07:02:42 PM
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So, I hope you either have cheaper electricity than I have posted, or someone else is paying it for you! 

Was the first post edited?  Huh
No.... I just guessed what his electric rates might be, based on previous electric rates I've seen posted from people in Europe.

Guessing is a strange thing to do when he says, "I also have free electric".
This... is true.

I missed that part.  Tongue

So, 24 GBP per month, payoff in 3.5 months!
aaa801
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February 28, 2012, 07:04:30 PM
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Aha thanks, thats not too bad attall Grin

LTC: LUUikznZrvDb65ZCNQUNCiTaCB4CWGYRSZ
BTC: 1325TrScK8jkiPuMEMxNf1VXHHfnR1QtgN
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