Up until today I was under the impression I could really pull it off, but since the diff increase today I'm having serious doubts. I'm making around 530Kh/s ... so its obvious my balance will drop considerably.
No, its not obvious. The higher difficulty means more variability, but the long-term payout should be EXACTLY the same.
My question to you all, specially to those of you who have low hashpower ... However, power bill isn't getting any cheaper, but my hashrate isn't enough anymore.
There is no such thing as "enough" hashpower.
Do you think ivesting in a couple of 280x/7950 would make it any different right now?
Yes, you will double your earnings by adding one 7950. But again, pool difficulty has no effect on payout. ROI on a 7950 is just a couple months right now.
Thanks for your answers, my doubts are almost gone now
I really didn't know the diff increase didn't affect share subsmission (yeah... I'm *that* dense :/ ) I'll check my logs to see if there was something wrong with my cards, or my connection.
I'm back to 0.7 spm as of now, and 28% efficiency, and no rejects whatsoever for the last hour.
I'm sure the guy with 1Gh/s+ also thinks there's no such thing as enough hashpower
Profitability of mining scrypt has dropped considerably from where it was in early to mid December, however, as long as you have cheap (or free) power, you'll probably make ROI within a few months.
Of course, with the variability of the markets, profit changes day by day, however, in my opinion, investing in hardware still isn't a bad deal, as the components still have a value in their utility to others (for gaming/rendering/etc) even IF scrypt mining was no longer profitable.
That said, know that the price of the hardware would probably drop by 35-50% or so if that were to occur... 7950's were going for around $180-200 as recent as early November... and 280x's are only supposed to retail for $300 new (not counting ones with custom cooling solutions)
Just remember to set aside money for your power bill if you do invest in hardware :p Nothing like waking up and realizing (even at $0.085 per KW/h) you owe $450 haha
Good to know, I was eyeing a couple of preowned 7950 for 170 Euros/each (Retail price is around 230 Eur. here) but, man... power just went up 2.3% this year (Electric companies wanted to raise a whole 11%, hah!) so I'm gonna wait until february just in case