Topic: [ANN] TagCoin - Multi Token Wallet and Trading Platform - page 65. (Read 301292 times)

Well, I'd also like it to be 1.5% per month. Dunno if that disrupts the whole thing or changes the perceived value or whatever economics, something is going to get affected.

The hoarders would prefer to hoard ... You can actually just use the QT wallet normally every day for a few hours a day or less and it will do POS mining when it gets the chance, you simply miss out the compounded interest if you don't open the wallet for a long time, but that is very small.

I am a miner, so I need some reason to let my wallet works. With 1.5% per annum POS mining is not interesting.

Damn, if I was on the east coast I'd drive down from NY to buy you a beer and shake your hand.

Have a safe trip, mate!

-Fuse

It will have to wait for a week or so..I am headed to the USA this weekend, to Northern Virginia, where I shall no doubt freeze...will be there all week..

If anyone on here is around North VA, let me know.. can meet up for drinks..

Glad it was easier. If you ever want me to SSH in and take a look, I certainly don't mind. I know on the official BAMT support thread, when using gigabyte motherboards, there seems to be a wide variance of results. I'd love to be able to figure something out for you though.

@versperwillow - thanks for the bamt instructions...certainly makes it easier to get the machines running, but still I can only get 550 to 600 kH/s per card... so it has to be something to do with the mix of cards, logic board and drivers...I've tried pretty much everything else, and tweaking does not help...maybe something in the bios for all I know.. - shame to waste the extra 200 per card, but better than nothing I guess... will do till I get them all installed under windows, if I need to go that route..

No, I didn't change anything driver related--as long as it hashes fast I'm a happy camper. It has revised drivers and detects the R9/R7 cards accurately now, compared to 1.1 so I'd say the drivers are fine. I think that was part of the reason for the 1.2 upgrade, to put newer drivers in and fix some bugs.

I'm also testing out SMOS Mining OS, I'll have a verdict tonight. Still prefer BAMT 1.2 myself.

@Bobsurplus - We are selling TAG to merchants who want to give them as rewards, not really selling on the open exchange. As the demand grows from merchants and sites using TAG then we will buy more on the open exchanges or if we cannot get enough we have to mine it. Most others are probably waiting for the price to rise as the demand rises, but till then very little is being sold on the open market.

Tagbond will also be giving out TAG via the different websites we own as in incentive to get more members, so we are just another merchant as well..

whos selling tagcoins?

Here's another one running the Toxics at 806 KH/S.

https://bitcointalk.org/index.php?topic=395199.0;all

Are there any trades being performed on TagCash?

@versperwillow - did you install the latest 13.12 catalyst drivers as part of that mix?.. in any case, downloading now and will try it out on one of my rigs, none of which are running right now, they were generating too much heat..

Fuse / tagbond / 24kilo,

I just realized something, when I wrote out those steps for you to try my version of BAMT, and I told you to download that updated scrypt binary, I left out one crucial step: deleting the old one. Likely if you followed my steps, there is a .bin.1 file sitting in /opt/miners/cgminernew (or /opt/miners/cgminer) which does you no good. You have to first delete the old binary and then download the new one. I have updated my original post (here) in case anyone runs across it.

However, I have tried and verified the newer BAMT 1.2 runs perfectly and doesn't need a lot of the updating steps of the older one. So, if you guys want to spend 10 minutes and try BAMT out with the PROPER updated scrypt binary, here you go:

BAMT 1.2, cgminer 3.7.2, updated Tahiti scrypt binary SUPER FAST SETUP:

0. If you are running windows and want a simple utility to burn image files to usb sticks: Win 32 Disk Imager

1. Download BAMT 1.2: http://www.goatpc.com/litecoinbamt1.2.zip

2. Unzip the file, a 1.9gb image file will be created. Use a disk imager (such as Win32 Disk Imager) to burn it to a 2gb or larger USB stick. I prefer USB3.0 as they run faster.

3. Pop it in your computer and boot with it, you should see the BAMT loading screen, let it use the defaults.

4. You need to edit the config file. Do this from the command prompt. Load the program menu (bottom left corner button), then goto Accessories, and Root Terminal. You can also SSH into the box if you want:
Username: user
Password: live

5. Edit the cgminer config: sudo nano /etc/bamt/cgminer.conf and make whatever changes you need to, including pools, GPU settings, etc. To save the file: CTRL+O and then CTRL+X.

6. Download the new Tahiti scrypt binary:
a. Go to the folder: cd /opt/miners/cgminernew
b. Delete the old binary: sudo rm -rf scrypt130511Tahitiglg2tc24000w256l4.bin
c. Download the new binary: sudo wget http://goatpc.com/scrypt130511Tahitiglg2tc24000w256l4.bin

7. Force cgminer to restart with your changes: sudo mine restart

At this point you should see it loading munin and launching your GPU's (munin....gpu0....gpu1...etc). As long as there were no apparent errors, you should be fine.

8. If it seems there were no errors, latch onto the cgminer window: sudo screen -dr cgminer

At this point you SHOULD see your stuff hashing.. if not, something has happened, and needs more tech support. Usually it's a typo in cgminer.conf

Beyond this point /etc/bamt/bamt.conf needs configuring, but that's pretty easy.

Let me know if this is helpful..

While 1.5% per month looks nice, 1.5% per annum is pretty high compared to any bank. They still have to fix the code though. (And I must add, Coin Control, it is in bitcoin-OMG and it is in litecoin.)

tagbond are you going to increase POS reward? 1.5% annual seems too low. It should to be at 1.5% by month at least.

jk...

Keep up the good work, TAG team.  People will wait for things to happen, so go at whatever pace works for you.

-Fuse

People are in so much of a hurry for things to happen...TAG is only 10 weeks old, we didn't create it for the short term...

We spent most of last year creating Tagcash - crypto is now part of that, but no I am not going to change the site into a Feathercoin clone... we are creating miskio for that (classifieds and auctions), but even that will not be just for TAG. We started to add too much into Tagcash itself, so now we are pulling back to the core functionality of wallets and rewards and creating spin off sites using the API, each with it's own business model etc. Miskio will be the classifieds and auctions site. We are working on the find for me idea that will reward people in TAG for researching on behalf of others...If others have ideas they can build something using our APIs, it's a lot faster than building it from scratch and we will support in as much as we can with our limited current resources.

And yes, people are mining and hoarding TAG...we do have some TAG we have bought and we will be selling it to the merchants that we bring on board here in the Philippines...when we or merchants need to buy more I guess the price will rise, but not going to forecast when that will happen. I don't have the salesforce to push anywhere else, it will have to grow organically, but if you want to see it grow in your country, then suggest the site to any merchant you meet, and mention you can sell them TAG rewards they can give to their customers instead of points. Any miner here can build up their own network of merchants that they can sell TAG to. The platform is there, so why not use it and profit from it.

LMAO...

Nailed it!

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There is more than half a million TAG mined. You're right, someone (everyone?) is hodling.