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tagbond (OP)
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December 12, 2013, 05:30:37 AM |
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As an experiment, I created a mining rig with 2 x Vapor-X 28X cards last night, and connected to tagmining.com.. just my luck..  It was interesting to set it up but probably the worst place to mine, where we have the one of the highest residential power costs in the world :-) Probably best to set up a mining farm in Iceland, where the power costs are low and you could probably heat your home with it. |
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Don007
Legendary
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Activity: 1050
Merit: 1007
Live like there is no tomorrow!
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December 12, 2013, 10:34:43 AM |
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Nice!  . What do you pay for 1 kwH if I may ask? It's about €0,20 here, which is also quite high I think. I think organizations like Greenpeace will start complaining if we move all our miners to countries with could temperature. That extra heat will make that ice melt even more over there, and the sea level will increase too ^^. |
{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <- |
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tagbond (OP)
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December 12, 2013, 12:55:28 PM |
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Well..at least iceland produces electricity the green way...
The costs here are about 35c per kwh...but mining a coin like TAG would still be profitable...in our case to have a steady supply to sell to merchants who want to give them out as rewards..as the demand ramps..the price will have to rise..
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 12, 2013, 01:04:33 PM |
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In my house, its less than that. But maybe I'm in a different bracket. I'll have to check the rates at home, and at the office.
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Don007
Legendary
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Activity: 1050
Merit: 1007
Live like there is no tomorrow!
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December 12, 2013, 01:07:14 PM
Last edit: December 12, 2013, 09:23:54 PM by Don007 |
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Allright . I saw the price of a single TagCoin is about 0,00175 BTC currently at Cryptsy. It use to be higher, but that doesn't bother me; I bought myself a nice amount of TagCoins at this cheap price! |
{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <- |
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vesperwillow
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December 12, 2013, 01:23:34 PM |
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The racks of my GPUs which I keep at home, thoroughly heat the place lol.. the 3,000sq/ft house I was in up until recently was easily in the 80's regardless of the temperature outside. Same for the new place. The neighbors must wonder what I'm doing, with windows which have several fans constantly blowing air inside the house, even when it's 25..30*F outside.
Haven't had to pay for electricity in months because mining has been doing it for me, especially a professional coin like Tag.
Mining is so much fun. Once you get the equipment to GPU mine, it's amazing. If nothing else, in the right situation, it will pay for your electric. Can't go wrong there.
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grizmoblust
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December 12, 2013, 09:01:31 PM |
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The racks of my GPUs which I keep at home, thoroughly heat the place lol.. the 3,000sq/ft house I was in up until recently was easily in the 80's regardless of the temperature outside. Same for the new place. The neighbors must wonder what I'm doing, with windows which have several fans constantly blowing air inside the house, even when it's 25..30*F outside.
Haven't had to pay for electricity in months because mining has been doing it for me, especially a professional coin like Tag.
Mining is so much fun. Once you get the equipment to GPU mine, it's amazing. If nothing else, in the right situation, it will pay for your electric. Can't go wrong there.
Yeah, it's quite chilling over here. It's below freezing. Even though, I'm only running 2x 7870 OC, It managed to put my room to 80 degrees. I don't know what's the electricity going to be cost at the end of this month. :X |
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tagbond (OP)
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December 12, 2013, 09:48:08 PM |
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I posted a 5 question mutli choice quiz that gives .02 TAG (20 mTAG) reward if you get the questions right (they are easy) and if you share it on facebook or any blog or site you have also gives you 0.02 TAG every time someone else takes the quiz (regardless if they get the answers right or wrong). The only stipulation is that to take the quiz you need to be sms verified on tagbond, but to share it you don't. http://tagbond.com/d/52a2c48c85c657626f877a8f |
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tagbond (OP)
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December 13, 2013, 06:37:33 AM |
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that's good news, I was thinking of building a 75 Mh/s rig - would that count me as a whale?...
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johndec2
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December 13, 2013, 07:55:18 AM |
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tagmining is now whale proof... Bring it on!  |
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 13, 2013, 09:31:34 AM |
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What kind of setup is that? 75 MH/s would be at least 115 GPUs. One local computer store here has only 9 7950s in stock.
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vesperwillow
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December 13, 2013, 12:34:25 PM |
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What kind of setup is that? 75 MH/s would be at least 115 GPUs. One local computer store here has only 9 7950s in stock.
What store? What model cards? <--- lol, need more cards |
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Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 13, 2013, 03:56:34 PM |
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How much are you willing to pay for them? hehehehe. I can buy them for you. I'll have to check if they still have the stock. They are a little more expensive than other countries (I'm in the Philippines, it's about 14000 Pesos / 43 per USD = 325 USD per GPU.) They are PowerColor 7950s.
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vesperwillow
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December 13, 2013, 04:02:02 PM |
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How much are you willing to pay for them? hehehehe. I can buy them for you. I'll have to check if they still have the stock. They are a little more expensive than other countries (I'm in the Philippines, it's about 14000 Pesos / 43 per USD = 325 USD per GPU.) They are PowerColor 7950s.
Oh, well I'll pass then. I'm an MSI kinda guy |
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tagbond (OP)
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December 13, 2013, 04:49:17 PM |
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I have 30 R9 Vapor X cards arriving tomorrow, along with mobos etc to set it up..will just run it in a spare room i have here at the apartment, as there is a vent to the outside. I'm already running a couple cards and they are quiet.. - Dabs, you are welcome to come visit again and check it out, but will post pictures... We will build a 100 GPU rig at my office in India - my main network guy is there anyway, plus we have subsidized electricity cost at 6 cents per Kwh. Bit cheaper there... The main reason is to mine TAG for the future, as we must have a steady supply for the merchants that we are signing up via Tagbond, and that is just in the Philippines. As other merchants come online from around the world, or other companies decide to buy for their own reward systems, then there will be even more demand, so just preparing for the future. As I have mentioned before, we are here for the long haul, not really into speculation as much as building a solid business. In 6 months I expect there will be better ways to mine TAG, but these rigs pay for themselves within a couple months. Figured if something faster/better comes along, we will have a kickass gaming/flight sim setup for my staff.. |
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tagbond (OP)
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December 13, 2013, 04:53:16 PM |
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I'll share it around the mining pools... |
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vesperwillow
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December 13, 2013, 05:01:22 PM |
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I have 30 R9 Vapor X cards arriving tomorrow, along with mobos etc to set it up..will just run it in a spare room i have here at the apartment, as there is a vent to the outside. I'm already running a couple cards and they are quiet.. - Dabs, you are welcome to come visit again and check it out, but will post pictures... We will build a 100 GPU rig at my office in India - my main network guy is there anyway, plus we have subsidized electricity cost at 6 cents per Kwh. Bit cheaper there... The main reason is to mine TAG for the future, as we must have a steady supply for the merchants that we are signing up via Tagbond, and that is just in the Philippines. As other merchants come online from around the world, or other companies decide to buy for their own reward systems, then there will be even more demand, so just preparing for the future. As I have mentioned before, we are here for the long haul, not really into speculation as much as building a solid business. In 6 months I expect there will be better ways to mine TAG, but these rigs pay for themselves within a couple months. Figured if something faster/better comes along, we will have a kickass gaming/flight sim setup for my staff.. You must have a nice subpanel setup at your apartment lol.. you're the reason my order for Vaporx's didn't go through haha.. nice, post up pics. |
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vesperwillow
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December 13, 2013, 05:21:33 PM |
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Who runs tag.cryptopools.com ? I logged in to take a look at my account and it shows a confirmed -300tag balance  ? I'm not pointing anything that way until I know what that's about. |
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ahmed_bodi
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December 13, 2013, 05:49:07 PM |
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sorry? youve lost me there? ur balance is shown as negative?
EDIT: Just checked the reason your'e balance is negative is all the blocks you were credited for were fork blocks. I put a notice out on the site asking all the miners with a negative balance to contact me to get it reset to 0. If you still wish to mine then just pm your account name and ill reset the balance to 0 and give u a 10 TAG credit as a goodwill gesture
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Bitrated user: ahmedbodi.
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