[GPUC] GPU Coin | Mandatory Wallet Update

[NickPortland]

Gpu coin on Crypto Rush in 4 days with 400 satoshi debuting price

[XScrypt]

Yeah, my only complaint is the CEO should be posting here, twitter, facebook, etc.
what is going on, or at least hire someone to do it.  We IPO investors and even
miners supporting the system deserve to have updates.

I think he just sleeps a lot.

Or hopefully just is working on the store and acquiring GPUs.
So he could quit his job at the nuclear plant. Hopefully he is
not Homer Simpson. Maybe he just needs a few donuts for
motivation.  Mmmm Donuts.
He studied nuclear physics, he loved his classes, $50k of IPO
can buy a lot of beer. The future's so bright he needs to wear shades.
And if you don't get this, get back in school kids, you're too
young to be investing in Crypto.

Im not a troll, but like you say 50k in dollars, and untraceable ? Wouldn't you run??

No. Then again, I'm not in life for the money.

[SP4RK7]

Nope - I cant see the profit.

Your numbers are way out.

At current price of 30 sat it would cost 2.3 million gpuc for a 280x

using your 2x290 you should be getting about 800k/hash which at current difficulty is about 23,000 gpuc a day

You seem to pay a lot for electric as well are you South UK?

Hiya, Im estimating, I guess I should use less electricity on Scrypt-N right?

Ok so lets say £3 per day. I had some problems with the pools to start with and I don't get that great a KH so 760KH and  687WU on two R9.

Now I check my pool. Estimates 21 thousand per day.

30 days is one month (average) so 30 x 21000 is 630000

And that's if difficulty stays the same....

30 x £3 = £90

how much was that R9 again? Im lost again. It still doesn't seem to jump out at me and go PROFIT or CHEAP GPU. Its just an exchange of money to electricity to coins to cards that could probably work out the same if I put 3 pound per day in the bank.

With the price of GPUC being so low I agree that mining is only just breaking even for most people.

I think once the store front opens the price of GPUC will rise and as long as you haven't dumped your coins for nothing you will then be in a lot better position.

So with your 30 days of mining 630,000 coins you might be able to buy 1 gpu, 3 gpu's or maybe only have enough for 1/2 a gpu it all depends on how things work out

[micryon]

Given market activities, it doesn't seem like IPO holders are dumping..

Some miners still dumping though.

I've got a large % of the premine, and I'm not selling, personally..

[SP4RK7]

Given market activities, it doesn't seem like IPO holders are dumping..

Some miners still dumping though.

I've got a large % of the premine, and I'm not selling, personally..

Any news from the 'Man in charge'?

People are starting to get a bit restless, understandably so, with no updates as to what's going on.

[BKM]

Given market activities, it doesn't seem like IPO holders are dumping..

Some miners still dumping though.

I've got a large % of the premine, and I'm not selling, personally..

IPO holder here and miner - too early to call this dead that is for sure...... but for those that have run away from mining - thanks! I'm killing it!

[NickPortland]

Where's the mofudging dev.?

[navarthelol]

To those qq'ing about the price of GPU coin i dunno if you've looked around lately but 5mh/s on coinwarz gets you $20 a day. ALL coins are hardly profitable to mine right now 

[madbit1000]

Been trying to get a handle on this...

So it goes something like this:

1) CEO does an IPO and uses funds from this to buy 80 GPUs.
2) He puts these up for sale on his store for GPUCoin only
3) He then ends up with 80 GPUs worth of GPUCoin
4) He now needs to buy new stock, but has no money and no BTC so...
5) He cashes in his GPUC to BTC/cash on an exchange to get cash for new stock
6) GOTO 2

The balance appears to be:

Driving prices down: Owner HAS to dump periodically (and in a lump) to buy in more stock.
Driving prices up: Faith in the coin, IF the store prices are reasonable, and people can mine it quickly enough to make it worth it.

I am missing something here. I just know I am. I can't quite see what's propping the price of this coin up in a few weeks time :/

Yes big dump of 80-100Millions will kill the coin (forgot already about wolong ? )

See this is where my idea will not kill the coin and explode the coin past litecoins and beyond. But he wont listen to me.

[nauticatom]

To those qq'ing about the price of GPU coin i dunno if you've looked around lately but 5mh/s on coinwarz gets you $20 a day. ALL coins are hardly profitable to mine right now 

Heres a Novel idea, stop selling them the same day and the price might rise.. Stupid Mine and Dumpers.

[yaboymarvo]

Gpu coin on Crypto Rush in 4 days with 400 satoshi debuting price

sounds legit

[madbit1000]

To those qq'ing about the price of GPU coin i dunno if you've looked around lately but 5mh/s on coinwarz gets you $20 a day. ALL coins are hardly profitable to mine right now  

I was thinking the same. maybe there are too many miners right now. Or the prices are just set too low.

If someone wants to start a coin with me, then i can make the next big coin. I have a perfect idea that everyone will want. Ok it can be replicated easily. this is the only downfall. but by the time they get setup i would have captured the market like bitcoin.


As unfortunate as it may be. There will be miners who will drop out due to mining profitability unless something changes this and i think it will be coming soon.

I really would like to get something moving and begin a project with a coin of my own. But not sure really where to start. Any devs interested in joining me. I have an excellent internet marketer who is a pro..

I have website builders. Just need someone to work with me on the coin design and type..

I wanted to create another coin like dark coin. I love their algorithm.

[nauticatom]

as an substantial IPO holder, that has no say in the direction of the coin whatsoever, I have an idea. I think the CEO should take the remainder of the pre-mine, and advertise an Airdrop - An Airdrop for all the disadvantaged Mine and Dumpers, who werent able to instamine the coin, because the diff was at 7 when the block rewards came up.

and a special airdrop of ATI cards to the Nvidia Vultures who are the primary naysayers of this coin, because they were REALLY disadvantaged by this launch.

[tylerderden]

Given market activities, it doesn't seem like IPO holders are dumping..

Some miners still dumping though.

I've got a large % of the premine, and I'm not selling, personally..

IPO holder here and miner - too early to call this dead that is for sure...... but for those that have run away from mining - thanks! I'm killing it!

Exactly, people are so short sighted. buying and mining now while it's cheap and easy. You know before the store opens the price will go up and we will need even less coins to score some gpu's. between the people bailing on the IPO and not mining and the dumbasses selling for 35 satoshi's, I'm killing it man.

[NickPortland]

Seriously though, all it would take for price to stabilize/increase is the CEO/dev/whathaveyou show up and drop some details yadda yadda yadda.

Where the F is he

[madbit1000]

Guys, i think this was deliberate. This coin is far from dead. Think about it guys. Look further down the line.. Its not that difficult to see. Everything is perfectly clear for me.

[Ritual]

Sorry to derail with a tech issue, but...

My vertminer has suddenly decided to stop working :/

I changed my bat file to connect to dedicatedpool's Amsterdam server:

Code:

vertminer.exe --scrypt-vert -o stratum+tcp://amsterdam.eu.stratum.dedicatedpool.com:3367 -u Ritual.rit -p pass -d 0 --gpu-platform 1 -w 256 -I 13 --gpu-engine 1000 --gpu-memclock 1490 --thread-concurrency 8193 -g 2 --auto-fan --lookup-gap 2

Now I get a startup screen for vertminer saying "Started vertminer 0.5.3" and then it does nothing for about 30 seconds or so. After that the screen goes black. No output at all.

It was mining away quite happily until now on a P2Pool :/

Anyone can help?

Rit.

[mpmsvv]

Hello,
I want to ask the dev team why they didn´t answer my emails and why they don´t send me my GPU coins related the IPO investment?

[madbit1000]

Sorry to derail with a tech issue, but...

My vertminer has suddenly decided to stop working :/

I changed my bat file to connect to dedicatedpool's Amsterdam server:

Code:

vertminer.exe --scrypt-vert -o stratum+tcp://amsterdam.eu.stratum.dedicatedpool.com:3367 -u Ritual.rit -p pass -d 0 --gpu-platform 1 -w 256 -I 13 --gpu-engine 1000 --gpu-memclock 1490 --thread-concurrency 8193 -g 2 --auto-fan --lookup-gap 2

Now I get a startup screen for vertminer saying "Started vertminer 0.5.3" and then it does nothing for about 30 seconds or so. After that the screen goes black. No output at all.

It was mining away quite happily until now on a P2Pool :/

Anyone can help?

Rit.

Is your pool still operating. Come over to supernova, i am mining ok and been perfect for me with payouts etc non stop all day..

[Ritual]

Sorry to derail with a tech issue, but...

My vertminer has suddenly decided to stop working :/

I changed my bat file to connect to dedicatedpool's Amsterdam server:

Code:

vertminer.exe --scrypt-vert -o stratum+tcp://amsterdam.eu.stratum.dedicatedpool.com:3367 -u Ritual.rit -p pass -d 0 --gpu-platform 1 -w 256 -I 13 --gpu-engine 1000 --gpu-memclock 1490 --thread-concurrency 8193 -g 2 --auto-fan --lookup-gap 2

Now I get a startup screen for vertminer saying "Started vertminer 0.5.3" and then it does nothing for about 30 seconds or so. After that the screen goes black. No output at all.

It was mining away quite happily until now on a P2Pool :/

Anyone can help?

Rit.

Seems either the pool or the server is down - after about 3 minutes or so I got a bunch of messages saying either no open port or no workers (I checked both).

Time to switch I guess :/

Rit.