[GPUC] GPU Coin | Mandatory Wallet Update

[djm34]

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.

I think you are really a step ahead in this game: You should ask for IPO in order to reveal an idea which will bring infinite wealth

[madbit1000]

I was waiting for an investment to pay out in the coming months. If not then i will be looking at an IPO. But need to get some figures together. The thing is i am not after infinite wealth. I want everyone to benefit from it. I would probably only do a 1% pre-mine for the stock and the platform etc... It would take about 3 months to setup. after the coin has been released. So the ipo members would need to accept that.

[Drewdy]

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.

It says only the east and west servers are supporting gpucoin.

[SP4RK7]

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.

try either --compact or -T on the end of you .bat file see if that works

Obviously ignore this if the post above me is correct lol

[XScrypt]

Im still mining, just cant afford to get burnt again - Caught a falling knife a couple of times.

Litecoin bores the living shit out of me,  but if its guaranteed and this fails Ill point my rig at it and take up sewing.

the thing that gets me is no word from the OP/DEV/CEO

only 80 cards to start

and the cycle of GPU coin to cards and then the DEV needing to turn GPU coin back into cash


Its just not adding up in my head.

anyway best of luck peeps I got a busy day tomorrow so going to beddy byes, watch some crap on youtube about quantum physics.

G

Well, if it makes you feel any better, maintaining the idea behind the currency is likely to be far less profitable than cleverly scamming people. A plausible scenario:

With $50K, at least in the states, you could build a mining farm that generates as much as a decent job. Meanwhile, the online store opening gets delayed for "technical issues". After several false starts and delays, many people will just dump and leave. "Good idea, but poorly implemented. Oh Well." After this goes on long enough, the store finally opens. But now the coin price is so low that the GPU prices are astronomical. Maybe a few holdouts and hoarders can afford them, while everyone else would have to mine for a year or more to buy one. The store stays open for a bit, maybe even sells a few honest to goodness cards. But then the owner says he's forced to close up shop as it simply isn't profitable. He'll blame himself and apologize profusely for everything. "I failed, but at least I tried." Aww...too bad. Better luck next time.

Meanwhile, that sweet mining setup that venture capital bought is generating $30K-$50K per year in untraceable, untaxable income. And he didn't pay a dime of his own money for it.

That's just one of several different ways a scam could be perpetrated. And all of them with no repercussion to the scammer.

Now will this guy scam everyone? I have no idea. I don't know him. I've never met him. He could be nicest guy with the purest intentions or he could be a next gen Nigerian scam master. He could honestly want this thing to succeed and is working so hard on it he has no time to talk, or he could already be in Barbados gorging himself on hookers and blow.

The point is, in an unregulated anonymous market, one should be extremely careful where one places one's trust.

[mpmsvv]

Hi Dev team,
Please answer my emails.
I didn´t receive my GPU coins from the IPO investment..
Thank you

[Shintax]

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[Jherek]

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.

I think you are really a step ahead in this game: You should ask for IPO in order to reveal an idea which will bring infinite wealth

And don't forget to claim you're going to open the exclusive GPU shop or somthing (maybe dragon dildos) and will have like... 50% OFF from newegg. Or claim you need the IPO for market stabilisation 

[Jherek]

Im still mining, just cant afford to get burnt again - Caught a falling knife a couple of times.

Litecoin bores the living shit out of me,  but if its guaranteed and this fails Ill point my rig at it and take up sewing.

the thing that gets me is no word from the OP/DEV/CEO

only 80 cards to start

and the cycle of GPU coin to cards and then the DEV needing to turn GPU coin back into cash


Its just not adding up in my head.

anyway best of luck peeps I got a busy day tomorrow so going to beddy byes, watch some crap on youtube about quantum physics.

G

Well, if it makes you feel any better, maintaining the idea behind the currency is likely to be far less profitable than cleverly scamming people. A plausible scenario:

With $50K, at least in the states, you could build a mining farm that generates as much as a decent job. Meanwhile, the online store opening gets delayed for "technical issues". After several false starts and delays, many people will just dump and leave. "Good idea, but poorly implemented. Oh Well." After this goes on long enough, the store finally opens. But now the coin price is so low that the GPU prices are astronomical. Maybe a few holdouts and hoarders can afford them, while everyone else would have to mine for a year or more to buy one. The store stays open for a bit, maybe even sells a few honest to goodness cards. But then the owner says he's forced to close up shop as it simply isn't profitable. He'll blame himself and apologize profusely for everything. "I failed, but at least I tried." Aww...too bad. Better luck next time.

Meanwhile, that sweet mining setup that venture capital bought is generating $30K-$50K per year in untraceable, untaxable income. And he didn't pay a dime of his own money for it.

That's just one of several different ways a scam could be perpetrated. And all of them with no repercussion to the scammer.

Now will this guy scam everyone? I have no idea. I don't know him. I've never met him. He could be nicest guy with the purest intentions or he could be a next gen Nigerian scam master. He could honestly want this thing to succeed and is working so hard on it he has no time to talk, or he could already be in Barbados gorging himself on hookers and blow.

The point is, in an unregulated anonymous market, one should be extremely careful where one places one's trust.

Would make more sense to buy ASICs with these 50k$. That'd bring you like 80MH scrypt and with their low power consuming, you'd be profitable even with litecoins

[labestia]

One way to give some incentive to using GPUC over BTC to purchase vid cards from the store would be to give a small discount to GPUC users. 

[CrunchHarder]

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

He's probably asleep! In all seriousness, maybe. Everything in the crypto-world is 24/7. Especially if you are a one man (or even two man) band, you've gotta have some down time. It's crazy and there is always someone somewhere awake!

Spread the hash rate around and come and mine with the CrunchHarder GPUCoin Pool
for security, redundancy and stability. https://gpu.crunchharder.net
https://crunchharder.net/images/logo-sm.jpg

[Jherek]

So it seems, GPUcoin just lines up with all the other IPO scams. I really wonder how long it takes, that the letters of IPO in an ANN posting will eventually scare people off instead of luring them in with the $$$ flashing in their eyes. Any dead coin is a loss for the community, but people just need to learn. I mean... giving someone $50k because of a posting... on the internet... in a forum...

[SP4RK7]

So it seems, GPUcoin just lines up with all the other IPO scams. I really wonder how long it takes, that the letters of IPO in an ANN posting will eventually scare people off instead of luring them in with the $$$ flashing in their eyes. Any dead coin is a loss for the community, but people just need to learn. I mean... giving someone $50k because of a posting... on the internet... in a forum...

Do you not get bored basically spamming the same sentence over and over again?

We get it, okay, you think this is a scam!

No need to keep repeating yourself.

[Kestrel71]

I'm feeling generous.  The next 20 people who say they love this coin and love where it's headed, I'll give them 2500 GPU coins.

Just sick of the negativity.  Too much of that in my normal life.  Someone, anyone, prop me up just for the night!

Dont we all love this coin?  Has potential.  Whether it is a good thing or not I have been using my votes on crypto rush to slowly push it up the vote list.

[SP4RK7]

GPUC definitely has a lot of potential, hopefully the next few weeks will start paying off for the people who stick by it.

Not bothered about the coins send mine to the faucet or give them to Jherek it might cheer him up lol

[phaddie]

I do think this coin is a good Idea!  I am ming it still even though we are not making any money on it.

The CEO needs to do something to get the buzz going about this coin.  He is leaving money on the table by not doing this.

GO GO GPU Coin!!!

[CrunchHarder]

I'm feeling generous.  The next 20 people who say they love this coin and love where it's headed, I'll give them 2500 GPU coins.

Just sick of the negativity.  Too much of that in my normal life.  Someone, anyone, prop me up just for the night!

We love GPUCoin at the CrunchHarder GPUCoin pool, and think it's got a great future. Come on over and spread the hash rate around, we actively welcome and support new miners.

https://gpu.crunchharder.net

https://crunchharder.net/images/logo-sm.jpg

Dedicated Support Helpdesk https://helpdesk.crunchharder.net

[madbit1000]

We do all love this coin. don't take it the wrong way fella.

[kidyubyub]

What can I say? GPUcoin FTW!!

GNqyNz3U6Yf17m3PFpcKXiakGfTYxeb3dx

ha. i just saw your sig. I got my 12 year old mining too. good shit.

Hook 'em when they're young!    Miners 4 life!

They check their wallets every day!! LOL

My son does get sad when he sees that he is not the top hasher though. I tell him not to worry. Some day, my son, some day.

[sgi02]

Just wanted to say thank you for the coins! Great community!