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GPU Coin - Page 5

post #41 of 62
Thread Starter 
Coin is dead guys, it's relaunching tomorrow if anyone (and you're crazy if you do) wants to get on it again

As of now I'm done with these fail coins, going to stick with Noble from now on

And Faint apart from Blackcoin it seems to happen every damn time

Stack was a scam
Ruby was a joke
GPUCoin was a fail
Zeit was a fail at block 500
Blackcoin was beautiful in comparison and now it can't be mined anymore redface.gif

From now on I'll probably just buy the stupid coins on the market and earn money trading them while I mine Noble which I'm keeping for long term maybe switch at times to Doge but that's about it, I might dabble in the odd launch but only if it seems incredibly impressive, although GPUCoin looked impressive with the whole "buy GPU's for the coins" idea but the launch has pretty much killed the coin now
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post #42 of 62
i'll still be mining it.
while people may scream scam, the owner cant control a bad dev.
they have a new dev on board and he is also an ipo holder.

crap happens, i've tried many mods that didn't pan out on the first try. but you stick with it and get it right.
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post #43 of 62
Thread Starter 
Quote:
Originally Posted by Jollyriffic View Post

i'll still be mining it.
while people may scream scam, the owner cant control a bad dev.
they have a new dev on board and he is also an ipo holder.

crap happens, i've tried many mods that didn't pan out on the first try. but you stick with it and get it right.

I really don't think a day is enough to make sure the launch is smooth though especially with a new dev on board, personally I would have said the coin is dead, contacted the investors and told them privately what was going on, then rebranded the name and announced for launch next week or 2 weeks to give enough time to ensure everything works and the infrastructure is in place to get it right. This fail launch has seriously damaged the coin and it's likely not going to be as valuable as it would have been had everything gone to plan at launch.

And this is my first week mining now, with all these coins failing I'm already burnt out lol
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post #44 of 62
So it will rerererelaunch tomorrow?
 
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post #45 of 62
sunday the 9th
some IPO holders that wanted a refund have gotten theirs.
i submitted an email to reevaluate the -n, as none of the ipo holders wanted that. never got a response to it.

for now i'll hold onto my IPO mine, and then sit on the coins to see how the outcome goes.
since this is the first of its kind being backed by a product, i think over time the coins will end up being valuable.
other coins may do the same thing and each time one does there will be a throwback to gpu coin. sort of like how anytime you hear about litecoin in the news they say its the silver standard to bitcoin being the gold standard.
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post #46 of 62
Tbh Litecoin vs Bitcoin is very different. LC is here to stay. 95% of all altcoins isn't.
The GPU coin only has a chance of survival if they really open that Gfx card store where you can pay with the GPUcoin. That might make it skyrocket.
 
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post #47 of 62
he opened an IPO to help fund the gpu purchases, he will be getting the gigabyte 280x or 290x and plans to sell it cheaper than newegg by no less than $50.

i am currently an IPO holder, but very unhappy with the switch to -n
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post #48 of 62
How come? The -n scrypt uses less power, keeps the cards cooler and makes it invurnerable to the upcoming ASICs.
 
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post #49 of 62
Quote:
Originally Posted by Hukkel View Post

How come? The -n scrypt uses less power, keeps the cards cooler and makes it invurnerable to the upcoming ASICs.

because AMD doesn't have any advantages with scrypt-n rofl tongue.gif scrypt-n also produces far more heat than regular scrypt. I can hold scrypt to sub 70C with my current setup, whereas scrypt-n will push above 80C if I don't throttle it at 75C
post #50 of 62
Quote:
Originally Posted by Hukkel View Post

How come? The -n scrypt uses less power, keeps the cards cooler and makes it invurnerable to the upcoming ASICs.

have no clue where you got this info from, but -n is abusive to your gpu. heat spikes because of the harder work and you'll end up using more power.
if you're really conserned with power consumption and heat, ascis is the way to go.

-n ascis is already in the works, if you were to just add more ram and some scripting changes you could already take the current ascis and turn them into n-factor miners.
nothing will ever be full proof. there are much better alternatives than using -n.
furthermore, -n difficulty will soon make the coin just as easy to mine on a cpu as a gpu. so negates the entire idea behind its ideal model of being a gpu only coin.
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