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airdata
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August 11, 2011, 01:11:03 PM |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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jamesg
VIP
Legendary
 Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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August 11, 2011, 10:24:49 PM |
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Had 5Gh at the house running for a month and used 5998 kwh with the ac running 24/7. That bill was $600. Recently moved everything for expansion and plan on using 17.75 kw per hour, 15,500 hwh / month not including ac. Just finished having 208v wired up. Looks like i'll be able to do upwards of 50 kw per hour soon at $0.07585 kw.  |
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sveetsnelda
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August 12, 2011, 06:27:38 AM |
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Very nice. $0.07585/Kw is very cheap. I can't wait for winter rates. I'll be at $0.104377/Kw during peak hours, but only $0.038162/Kw during off-peak.
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14u2rp4AqFtN5jkwK944nn741FnfF714m7
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haploid23
Legendary
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Activity: 812
Merit: 1002
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August 12, 2011, 06:34:03 AM |
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Very nice. $0.07585/Kw is very cheap. I can't wait for winter rates. I'll be at $0.104377/Kw during peak hours, but only $0.038162/Kw during off-peak.
wtf that's it? where do you live for these dirt cheap electricity rates?? i have to freakin pay $0.165/kwh  |
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jamesg
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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August 12, 2011, 10:59:04 AM |
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Very nice. $0.07585/Kw is very cheap. I can't wait for winter rates. I'll be at $0.104377/Kw during peak hours, but only $0.038162/Kw during off-peak.
wtf that's it? where do you live for these dirt cheap electricity rates?? i have to freakin pay $0.165/kwh I am using commercial "on demand" power which is meant for high Kw usage businesses. There are three charges: Customer charge: $30 On Demand Charge: (highest Kw used in a 15 minute window within the month) x $8 Price per Kw: $0.07585 Since I won't have big spikes in usage, the demand charge is nominal. Also with this plan, the more power I use, the more I save. My residential power is $0.11 for the first 1000Kw and $0.13 for every kilowatt after that. I can also choose to go on the on peak, should and off peak rates which can vary from $0.03 to $0.11 but after looking at the numbers, there would not be significant savings unless i shut everything down during peak hours or setup some kind of backup system to run during those hours. Btw, i'm in FL. |
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sveetsnelda
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August 12, 2011, 06:00:23 PM
Last edit: August 12, 2011, 06:13:41 PM by sveetsnelda |
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Very nice. $0.07585/Kw is very cheap. I can't wait for winter rates. I'll be at $0.104377/Kw during peak hours, but only $0.038162/Kw during off-peak.
wtf that's it? where do you live for these dirt cheap electricity rates?? i have to freakin pay $0.165/kwh Idaho. Electricity is dirt cheap here. 2nd lowest in the US, I believe. |
14u2rp4AqFtN5jkwK944nn741FnfF714m7
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BCwinning
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August 12, 2011, 06:04:38 PM |
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I'm boggling at the electric usage and the fact the police haven't kicked your doors in yet.
They seem to like spying on electric use and using it as probably cause. That is unless you don't live in a police state.
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The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
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sveetsnelda
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August 12, 2011, 06:16:04 PM |
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I'm surprised also. I called the police and my power company when I started this. Both were confused. The police said that they have no way of knowing unless the power company turns me in. The power company said that they aren't allowed to turn anyone in. *shrug*. Apparently I should have just started a pot farm a long time ago (joke).  |
14u2rp4AqFtN5jkwK944nn741FnfF714m7
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haploid23
Legendary
Offline
Activity: 812
Merit: 1002
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August 12, 2011, 07:14:31 PM |
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I'm boggling at the electric usage and the fact the police haven't kicked your doors in yet.
They seem to like spying on electric use and using it as probably cause. That is unless you don't live in a police state.
so they bust down your door... then what? they'll see a bunch of video cards, and will have to pay for the door  . not like you're doing anything illegal with these I'm surprised also. I called the police and my power company when I started this. Both were confused. The police said that they have no way of knowing unless the power company turns me in. The power company said that they aren't allowed to turn anyone in. why would you call the police for "permission", and why would the electric company care about it (as long as they get your money)? |
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sveetsnelda
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August 12, 2011, 07:32:01 PM |
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why would you call the police for "permission", and why would the electric company care about it (as long as they get your money)?
I didn't call for permission. I called to find out whether or not someone was going to be kicking my door down at 2 in the morning. I would like to avoid it. I obviously wouldn't be guilty, but it would certainly be inconvenient. |
14u2rp4AqFtN5jkwK944nn741FnfF714m7
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BCwinning
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August 12, 2011, 07:50:16 PM |
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I'm boggling at the electric usage and the fact the police haven't kicked your doors in yet.
They seem to like spying on electric use and using it as probably cause. That is unless you don't live in a police state.
so they bust down your door... then what? they'll see a bunch of video cards, and will have to pay for the door . not like you're doing anything illegal with these I'm surprised also. I called the police and my power company when I started this. Both were confused. The police said that they have no way of knowing unless the power company turns me in. The power company said that they aren't allowed to turn anyone in. why would you call the police for "permission", and why would the electric company care about it (as long as they get your money)? bust down your door is the best you can hope for. Plenty of news articles about people being shot/killed family pets being killed over the wrong house. A vet was recently gunned down in Arizona because one of the cops tripped going in the door and misfired. 57 bullets into the guy later.. |
The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
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Blackout
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August 13, 2011, 01:25:37 AM |
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Why in the hell in this day and age do they need 'meters' and a meter man anyway? Can't the meter have a digital thing it it that sends the number to the power company and you can check to make sure THEY are not ripping YOU off?
I still don't get why some strange man has to come into your house to read the meter. Insanity.
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BCwinning
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August 14, 2011, 05:20:51 PM |
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ah yes smart meters, big brother in your home step 1
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The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
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Jazkal
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August 15, 2011, 06:21:52 PM |
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Normally $250 last bill $550 so roughly $300 for seven rigs with sixteen video cards or ~$20 a card every two months the billing cycle around here paying 12.? cents kwh at the highest rate and like 8.? on the lowest.
Off topic.... How many coins a month does that generate? |
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Jack of Diamonds
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August 15, 2011, 07:02:35 PM |
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19.5 Ghash/sec.
Very impressive. I had peak ~22ghash online in June, and had to pay way more ($2,400) during that time. Was forced to scale down a bit after the price drop. Seems like electricity is a bargain where you live. |
1f3gHNoBodYw1LLs3ndY0UanYB1tC0lnsBec4USeYoU9AREaCH34PBeGgAR67fx
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Kermee
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August 16, 2011, 01:30:16 AM |
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Very impressive. I had peak ~22ghash online in June, and had to pay way more ($2,400) during that time.
HOLY S***... Cheers, Kermee |
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sveetsnelda
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August 23, 2011, 03:53:14 AM |
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19.5 Ghash/sec.
Very impressive. I had peak ~22ghash online in June, and had to pay way more ($2,400) during that time. Was forced to scale down a bit after the price drop. Seems like electricity is a bargain where you live. Yeah it is... People talk about how cheap electricity is in Iceland. Some parts of Idaho have electricity that is the same rate or cheaper (depending on the exchange rate). Summers are hot, but we have pretty brutal winters too... I'm certain that I can cool my cards with just a couple box fans when the temperature drops in a couple months. I already do this at night. |
14u2rp4AqFtN5jkwK944nn741FnfF714m7
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huayra.agera
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August 23, 2011, 07:02:39 PM |
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With 5x 5850s in 3 rigs, I had my highest bill this month $271.16 @ 968kWh. It seems it's not anymore profitable for me to mine @ current exchange rate. Oh well, I can just pause mining a bit and wait for the prices to soar!  . But oh wait, is that even wise? Sheesh! Keep on mining! |
BTC: 1JMPScxohom4MXy9X1Vgj8AGwcHjT8XTuy
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Big Time Coin
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August 23, 2011, 10:24:40 PM |
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I called my power company today after reading this thread and reading their published tariffs and rates (long document). I will probably save money this way by switching from residential to commercial service. I'm concerned about being in a residential area and asking for commercial service, but now awaiting a call from higher-up the customer service ladder about all my special power needs. My power bill will be about $900 (includes non-mining home electricity use) at my current rate and usage. Getting about 12 Gh out of that. So it looks like electricity eats about half my profit in mining even at $11 per coin  |
Big time, I'm on my way I'm making it, big time, oh yes
- Peter Gabriel
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jamesg
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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August 24, 2011, 04:06:42 AM |
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I called my power company today after reading this thread and reading their published tariffs and rates (long document). I will probably save money this way by switching from residential to commercial service. I'm concerned about being in a residential area and asking for commercial service, but now awaiting a call from higher-up the customer service ladder about all my special power needs. My power bill will be about $900 (includes non-mining home electricity use) at my current rate and usage. Getting about 12 Gh out of that. So it looks like electricity eats about half my profit in mining even at $11 per coin Commercial is definitely the way to go. I am saving upwards of 30% on the power bill now from residential and small business rates. |
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