I have this 5v 3.1A 3 port USB charger that I got cheap off Ebay.
http://www.ebay.com/itm/351643969026?_trksid=p2057872.m2749.l2649&var=620626732872&ssPageName=STRK%3AMEBIDX%3AIT
It boots the Pi fine, but if I plug in a Hard Drive with splitter cable, then I get that little rainbow in the upper right hand corner that tells me that I don’t have enough power.
On the other hand, if I plug the Hard Drive thicker power cable into the HUB, then th other USB cable into the Pi, both that and the Pi’s own MiniUSB port are used to power it up and it works.
My question is whether or not I could fry my Pi by doing it this way or if I should just use an external hard drive with it’s own devoted PSU?