[GPUC] GPU Coin | Mandatory Wallet Update

[trademark]

There goes the hashrate... Coming Soon: Dead coin

I'm still mining it. Getting a lot more than on launch day.  Can't be a dead coin since you can pick up GPU's with it.  Not sure why the hashrate is dropping though.  

[SP4RK7]

Current price is now 45 satoshi's so a 280x should be around 1.725 million GPUC

[vesperwillow]

There goes the hashrate... Coming Soon: Dead coin

Hashrate is still 1.6 GH/s if you take into account that scrypt-n is only giving 50% of mining speeds

Hashrate was 3.5gh for a few days. The ones looking for quick profit have left, so now there's a better picture of the real supporters.

[yaboymarvo]

There goes the hashrate... Coming Soon: Dead coin

Hashrate is still 1.6 GH/s if you take into account that scrypt-n is only giving 50% of mining speeds

Hashrate was 3.5gh for a few days. The ones looking for quick profit have left, so now there's a better picture of the real supporters.

This is good,now us who actually care about the future of this coin can get more and the mine and dumpers can goto another coin. Although if the price of this coin shoots up in a few weeks then expect them to come back.

[SP4RK7]

There goes the hashrate... Coming Soon: Dead coin

Hashrate is still 1.6 GH/s if you take into account that scrypt-n is only giving 50% of mining speeds

Hashrate was 3.5gh for a few days. The ones looking for quick profit have left, so now there's a better picture of the real supporters.

Yes I agree it means people who stick with the mining will receive a lot more coins

0.8 GH/s (1.6GH/s scrypt) is still a pretty healthy hashrate compared to most other coins and far from being dead

[NickPortland]

Are you guys really doing calculations on profit and gpu-acquisition using current abysmail prices?

[ocminer]

https://gpu.suprnova.cc

With absolutely 0% Fee
The Day 1 GPU Pool
DDoS Proof
VDIff + Stratum
Look at our "Getting Started" Category on the left to configure/Download your miner


Miners, hop in and spread the hash!

[madbit1000]

Who's idea was it to make a coin that has no profit. Dev and CEO you have you thought this through. It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

[madbit1000]

I suggested the CEO speak to me about an idea i have to boost the coin, but no reply. So i might take up goldcoins offer and suggest that to him instead or i might just start my own business and strike a deal with some asics devices in the UK..

Anyone want to try and setup a decent coin with me and Please only from the UK so i can discuss offline about any proposals. I am from Kent UK.

PM me..

[SP4RK7]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Your mistake is you are treating this coin like any other where you mine and dump for profit.

If that is what you want you would be better mining DOGE or something else

The price of this coin will rise when the shop front opens then it's up to you whether you dump or use what you have to buy a new gpu

[cryptowest]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Devs have nothing to do with the high level design decisions, those are from the CEO.

It's a different setup, low block payout with high total coins. You have to consider he is backing the coin with actual merchandise, and even at the current block payout, its still 28 million coins per day being mined.

[trademark]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Unlike other coins. GPU pricing sets the price of gpucoin.  If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right.  He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________"  The market will immediately correct itself.  That's it. Easy peasy.  Man, I wish I was in control of this coin.  

[SP4RK7]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Unlike other coins. GPU pricing sets the price of gpucoin.  If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right.  He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________"  The market will immediately correct itself.  That's it. Easy peasy.  Man, I wish I was in control of this coin.  

The price of the new GPU's will be decided by the price of the coin on the exchange, the CEO says this on the first page.

[trademark]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Unlike other coins. GPU pricing sets the price of gpucoin.  If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right.  He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________"  The market will immediately correct itself.  That's it. Easy peasy.  Man, I wish I was in control of this coin.  

The price of the new GPU's will be decided by the price of the coin on the exchange, the CEO says this on the first page.

That shouldn't be fixed. Bad choice if it is. Only top dog IPOs will be able to purchase them then. No one will want to mine it since it's not profitable (yet).

[madbit1000]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Your mistake is you are treating this coin like any other where you mine and dump for profit.

If that is what you want you would be better mining DOGE or something else

The price of this coin will rise when the shop front opens then it's up to you whether you dump or use what you have to buy a new gpu

I never dump coins. I have a varied selection of coins in my stacks of wallets.

But, i like to see some value in a coin in case i ever need to sell.

[SP4RK7]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Unlike other coins. GPU pricing sets the price of gpucoin.  If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right.  He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________"  The market will immediately correct itself.  That's it. Easy peasy.  Man, I wish I was in control of this coin.  

The price of the new GPU's will be decided by the price of the coin on the exchange, the CEO says this on the first page.

That shouldn't be fixed. Bad choice if it is. Only top dog IPOs will be able to purchase them then. No one will want to mine it since it's not profitable (yet).

It's not fixed if the price goes up on the exchange which I think it will you will obviously need less GPUC to purchase a new GPU

for example as I stated earlier

at 0.00000045 (current price) you will need 1.725 million GPUC to purchase a 280x
at 0.00000450 (price coin started) you will need 172,500 GPUC to purchase a 280x this is only 8 days mining at current difficulty at 1 MH/s

[Cyber_Punk]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Your mistake is you are treating this coin like any other where you mine and dump for profit.

If that is what you want you would be better mining DOGE or something else

The price of this coin will rise when the shop front opens then it's up to you whether you dump or use what you have to buy a new gpu

I never dump coins. I have a varied selection of coins in my stacks of wallets.

But, i like to see some value in a coin in case i ever need to sell.

And one full day after release determines the value 

[trademark]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Unlike other coins. GPU pricing sets the price of gpucoin.  If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right.  He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________"  The market will immediately correct itself.  That's it. Easy peasy.  Man, I wish I was in control of this coin.  

The price of the new GPU's will be decided by the price of the coin on the exchange, the CEO says this on the first page.

That shouldn't be fixed. Bad choice if it is. Only top dog IPOs will be able to purchase them then. No one will want to mine it since it's not profitable (yet).

It's not fixed if the price goes up on the exchange which I think it will you will obviously need less GPUC to purchase a new GPU

for example as I stated earlier

at 0.00000045 (current price) you will need 1.725 million GPUC to purchase a 280x
at 0.00000450 (price coin started) you will need 172,500 GPUC to purchase a 280x this is only 8 days mining at current difficulty at 1 MH/s

True, but say it stays at the current price by the time the store opens in 2 weeks.  Only IPO's like myself will be able to get one. Not good for the coin.

[vesperwillow]

True, but say it stays at the current price by the time the store opens in 2 weeks.  Only IPO's like myself will be able to get one.

And when the IPO's buy GPUs, within hours everyone else will be able to buy the GPUC you guys used to buy the product with.

And so the cycle continues.

[SP4RK7]

Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu  per day. Now sell those on the exchange for $4 i just about break even.

Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..

cheers

Unlike other coins. GPU pricing sets the price of gpucoin.  If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right.  He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________"  The market will immediately correct itself.  That's it. Easy peasy.  Man, I wish I was in control of this coin.  

The price of the new GPU's will be decided by the price of the coin on the exchange, the CEO says this on the first page.

That shouldn't be fixed. Bad choice if it is. Only top dog IPOs will be able to purchase them then. No one will want to mine it since it's not profitable (yet).

It's not fixed if the price goes up on the exchange which I think it will you will obviously need less GPUC to purchase a new GPU

for example as I stated earlier

at 0.00000045 (current price) you will need 1.725 million GPUC to purchase a 280x
at 0.00000450 (price coin started) you will need 172,500 GPUC to purchase a 280x this is only 8 days mining at current difficulty at 1 MH/s

True, but say it stays at the current price by the time the store opens in 2 weeks.  Only IPO's like myself will be able to get one.

I think that is pretty unlikely.

If the price stays the same and you only manage to mine 800,000 coins and you need 1.6 million, it makes sense that you would go to an exchange buy some more GPUC for bitcoin

This would raise the price of GPUC and also bring down the price of the new GPU you were about to buy