Profit based on hardware?

[aaa801]

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 )
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

[SgtSpike]

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!

[SgtSpike]

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? 

No.... I just guessed what his electric rates might be, based on previous electric rates I've seen posted from people in Europe.

[SgtSpike]

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? 

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. 

So, 24 GBP per month, payoff in 3.5 months!

[aaa801]

Aha thanks, thats not too bad attall