[GPUC] GPU Coin | Mandatory Wallet Update

[kkangjji22]

I think a big problem also plaguing GPUC is the oversaturation of shitcoins everyday, people that used to hit every launch are now like "why bother" and going back to mining multipools or other stable coins. I don't think blaming Jaymes is the answer. This is just more fallout from all the scams and dead coins that have been dragging everything down for the last few months. That and in the last few months you could count on a certain amount of profit, not anymore. profits are down close to 50% so people are not adding cards right now. Drastic measures are required if this is going to succeed in these circumstances.

The increasingly fierce market competition of coins
We have less
I'm afraid all the miners will leave

[ydrogios]

Hi to all!!!!From where i can buy the Toxic R9 280x???

[PCJargon]

...asic only helps coins. gives them more hash power, secures the network, and overall generates more profit...

Are you nuts? If ASICs become the way of mining, then GPUs are out, and what is the point of GPUC??? Sure, they do help secure the network, but they make mining SEVERELY less profitable. Do you not understand what's happened to Bitcoin due to ASICs?

[tylerderden]

right here bro:

https://gpucoinstore.com/

there is a sale tomorrow though

[ArmoredDragon]

Dunno why I'm getting spammed for this, but the OP infographic is full of grammatical errors (namely it uses the word "then" where it should have the word "than," and no, those words don't even mean remotely the same thing, even though they are spelled similar. "Then" is referring to time, "than" is comparing two things.)

[PCJargon]

right here bro:

https://gpucoinstore.com/

there is a sale tomorrow though

Friday. Friday is not tomorrow for many of us

[ydrogios]

right here bro:

https://gpucoinstore.com/

there is a sale tomorrow though

Thank you!!!But i can`t buy it because i live in Greece

[svenp]

right here bro:

https://gpucoinstore.com/

there is a sale tomorrow though

Thank you!!!But i can`t buy it because i live in Greece

I'm sure they'll ship to you if you ask them.

[lemfuture]

right here bro:

https://gpucoinstore.com/

there is a sale tomorrow though

Thank you!!!But i can`t buy it because i live in Greece

I'm sure they'll ship to you if you ask them.

for extra gpuc ofcourse

[jollyriffic]

...asic only helps coins. gives them more hash power, secures the network, and overall generates more profit...

Are you nuts? If ASICs become the way of mining, then GPUs are out, and what is the point of GPUC??? Sure, they do help secure the network, but they make mining SEVERELY less profitable. Do you not understand what's happened to Bitcoin due to ASICs?

the voices in my head say i'm not nuts, so majority rules.
while gpuc is geared towards gpu only mining, you can still mine while asic miners are in the wild. it becomes harder but the easier a coin is to mine the less its worth. the majority of these posts are people upset their coins arent worth more and trying to figure out how to make it more valuble. i'm explaining why -n was a bad idea.
also by the time Script asic would hurt the market is about 1-2 years away, the majority of us will have made way more coins than we know what to do with by that time. survivability is the key here, you can't alienate miners and expect profit. would be like amazon, ebay, or some other merchant saying you can only buy from us if you're of xyz skin color. you loose a huge demographic of people that want to use the service.
the current asic out for scrypt only do 300-400kh, they are expensive, require additional hardware to run, and isn't profitable right now. there's not much to worry about as of yet.

[tylerderden]

right here bro:

https://gpucoinstore.com/

there is a sale tomorrow though

Friday. Friday is not tomorrow for many of us

yeah shit sorry, but in my defense that's why i said tomorrow and not friday 

[ottobene]

Cards also can be delivered In Russia?

[SpeedDemon13]

How about selling the Nvidia GTX 750ti? It's pretty power efficient in terms of hash/watts, 34 watts OC'ed at 300 kh/s.

[wacko]

How about selling the Nvidia GTX 750ti? It's pretty power efficient in terms of hash/watts, 34 watts OC'ed at 300 kh/s.

It's not 34W, I've no idea how cryptomining-blog measured those, but in reality each 750 ti draws ~70W from the wall (gold-platinum psu) when mining scrypt-n. Still pretty good though.

[lemfuture]

How about selling the Nvidia GTX 750ti? It's pretty power efficient in terms of hash/watts, 34 watts OC'ed at 300 kh/s.

you can sell on ur own @https://gpucoinstore.com/market/index.php

[cvax]

How about selling the Nvidia GTX 750ti? It's pretty power efficient in terms of hash/watts, 34 watts OC'ed at 300 kh/s.

It's not 34W, I've no idea how cryptomining-blog measured those, but in reality each 750 ti draws ~70W from the wall (gold-platinum psu) when mining scrypt-n. Still pretty good though.

Right. I have 9 of these cards and it is NOT 34w. It is very dependent on the algorithm of the coin you are mining. ~70 for scrypt, scrypt-n, scrypt-jane n-factor 11. ~50 for hefty1, scrypt-jane n-factor 14. ~45 for fugue256 and ~35 for groestl.

[PCJargon]

Here's an idea I just had; Create a section on the forum (or even a Wiki) for configuring video cards with Scrypt/Scrypt-N. Most particularly for the cards available for sale, but include any and all cards. If solid tutorials/facts about settings are created, have a section of the website dedicated to it.

I know that I, for one, had a difficult time finding the info (especially up-to-date info) on how to configure my cards and what the best settings were. I think that GPUC (website/community), as the primary crypto currency focused on GPU, should try to be there for people and make itself a centralized location for helping people with their GPU setups.

[imonit]

@vesperwillow stated that switching the algo to -n would hurt the coin. one of the main reasons for this is because asic only helps coins. gives them more hash power, secures the network, and overall generates more profit. the only downside of this is that some people dont understand that fact and want to move over to something only gpus can do. but we see where that has gotten us or any other currently asic restraint coin.

Vertcoin seems to be holding its own 

[jollyriffic]

@vesperwillow stated that switching the algo to -n would hurt the coin. one of the main reasons for this is because asic only helps coins. gives them more hash power, secures the network, and overall generates more profit. the only downside of this is that some people dont understand that fact and want to move over to something only gpus can do. but we see where that has gotten us or any other currently asic restraint coin.

Vertcoin seems to be holding its own  

yeah however there are some serious differences between the coins, not to mention how they were marketed

vertcoin
Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Generation: 84 million VTC
Block time: 2.5 minutes
Block Rewards: 50 coins per block
Subsidy halves every 840,000 blocks (~4 years)
Difficulty Re-Target Time: Retargets every block (Kimotos Gravity Well)
Premine: Zero - not premined

gpucoin
PoW Algorithm: Scrypt-N
Retarget: Every block using KGW
Block Time: 60 seconds
Initial Block Reward: 20,000
Max Supply: 13.5 billion

i'm no crypto master, but vertcoin having less volume and less of a reward automatically makes me think more value. no idea if thats generally the way it goes, but thats what would pop into my mind.
goes hand in hand with the amd gpu shortage, people ran out, and then companies started charging up to double the actual retail since they were getting harder to get your hands on.

this in theory makes me think that had we stuck to scrypt, even if asic was dropped on it. value goes up since its harder for smaller miners to get rewards. i'm no big miner, i've got a single 7950, but even knowing that asic is out there i'm not worried. asic would have to be put on every single coin for every coin to be effected. most people will mine 1 coin and stick to that 1 coin. not like every last asic in the world would be pointed right at gpuc. even if it were, the coins you'd mine would gain massively in price.
its just logic.
what would happen if right now every asic would simply shut off for 1 month on btc, you'd likely see a huge drop in price to where its worth as much as ltc.

[Dabs]

what would happen if right now every asic would simply shut off for 1 month on btc, you'd likely see a huge drop in price to where its worth as much as ltc.

That's not really fair since asics power 99% of bitcoin now. There are no FPGAs or GPUs securing the bitcoin network in any significant numbers.

It will take at least 6 months to a year for this to happen to litecoin, and all other regular scrypt coins.