Quote from: release on August 05, 2011, 01:07:55 AM

Quote from: mike678 on August 05, 2011, 12:59:16 AM

Quote from: SmokeAndMirrors on August 05, 2011, 12:41:43 AM

I don't quite understand why people are still buying mining hardware. Currently it will take about a minimum of 4 months to pay off one card.

I picked up 5 5850's for 145 each and you cant tell me that is not a bargain. I have tested each and the average between them is about 390 megahash. That's .208 a day for this difficulty. I recognize that the difficulty will increase but I'm going to stick with this for simplicity sake.

Now I'm not a dumb ass and I am not selling at the listed price of around 11 dollars. I agree selling at 11 dollars would take a long time to get your roi. I plan to hoard until the price goes up to between 15-20 dollars. So in 30 days I'll have 6.24 bitcoins which is $93 dollars at 15 a btc or $124 @ 20 a btc.

If you take the cost of electricity the card costs $7.2 a month (I pay 6.7c a kwh) That means $86 or 117

Also a months time is only two difficulty increases so my profits wont get drastically lower. Since in a months time the cards will be more then half paid for it still is 100% worth it.

the 145 for a 5850 deal is pretty much the only thing that was worth buying. Anything else now would be way overpriced because AMD is getting very overpriced due to the ridiculously high demand, and Nvidia's relatively low demand.

+1

That was indeed an incredible deal. Viva NCIXus.com!

I browsed Amazon/Newegg for what mining cards are in stock -- there's just nothing to get me off my seat. 70 to 80 days ROI is borderline; 120 is obviously much worse! And that's about the ROI for most 6XXX series cards.