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6800XT connected to PSU via single cable
(lemmy.nz)
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Rules:
You only need to ask yourself why the PSU manufacturer would bother including the second connector on the same cable if it wasn't ok to use it.
If you use a third party extension/splitter that would be another story but it doesn't look that way in the diagram.
I seem to remember they started doing those daisy chain power connectors back in the SLi days. Take the GeForce 6800GT for example, which was a single slot card rated for 67 watts and had a single 6-pin power socket. You could safely drive two of them in SLi on a single 150 watt PCIe power cable. Hell they'd probably both run fine on motherboard power.
Many cards used to use 3 connectors so you'd run two lines and a third from the second connector of one of the lines.
The diagram op posted is from nvidia and seasonic and fixes many stability issues, not fire hazzards