Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: 5970s now $300 at newegg!
by
Jack of Diamonds
on 24/11/2011, 23:50:43 UTC
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

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)