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Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 146. (Read 421398 times)

newbie
Activity: 47
Merit: 0
you can always use coin-swap.net to trade person to person. https://coin-swap.net/market/GPU/
legendary
Activity: 980
Merit: 1000
Traveling in subspace
Maybe add milk crates to the list too  Grin
And 20 inch box fans.  Roll Eyes
member
Activity: 98
Merit: 10
30 23 satoshi on AtomicTrade.

Come to bittrex, much better prices..
full member
Activity: 230
Merit: 100
Maybe add milk crates to the list too  Grin
sr. member
Activity: 378
Merit: 250
I know the store is probably being worked on, but on top of GPUs, you should consider some lower priced items to offer to people to use their coins with too. Like *good* powered risers and the like... keep the coins flowing beyond GPUs to all the stuff miners might want...

legendary
Activity: 980
Merit: 1000
Traveling in subspace
Am I blind or there is no gpu miner in op for this coin?? What kind of kh/s are You people getting for r9 290 ?? I need just rough number.

you will need vertminer, or a special fork of sgminer to mine this. And I believe I have heard about 400kh for an r290. Don't have one myself.

waltsmith

Waltsmith, I try downloading versions of vertminer from 3 dif pools, creating the .bat file W/ tekst from the getting startet page in the pools ( my info in it - have done this many times w/ other coins, no problem) but its not working, when dobbel clicking the batch file, 1 sek. a window comes up and nothing.
What could I be doing ?

Elvis
Does the window open and  then close right away?
newbie
Activity: 36
Merit: 0
Your electricity cost assumption is VERY understated. Don't forget tiered electric rates which mining definitely breaches. In California you are looking more at $0.36/Kwh.

In the Bay Area you only get $0.13 rates for the first ~330Kwh per month which you will breach within 2 days. Rates then jump to $0.15/Kwh for the next 100Kwh and then $0.32/Kwh for the next ~230Kwh then $0.36/Kwh for the rest. Within a week you will be paying $0.36/Kwh. Triple the costs.

I went with what my electric cost is. Your value will of course vary. I'm locked in at 10.5c/kwh in winter, 11.5c/kwh summer. One of my partners is in California, and I hear him curse the costs out there all the time. He's starting to switch his farm to Scrypt this week. As we speak actually. We've negotiated a near-wholesale deal for Scrypt systems.

You actually don't even need scrypt-n ASICs to be profitable, mining Litecoin with enough ASICs can be already profitable enough, since you can have more than 10 times the hashrate/watt (2 gridseed equals roughly one 280x but with less than 30w). Means, that would bring me 50MH now with same powercost.

You don't need Scrypt to be profitable either. After covering electric costs, I'm still raking BTC in with my GPU farm, and enjoying the heat as well. My point was that mining for GPUs is only profitable if GPUC is significantly more valuable than it is now. Which might occur one day.

about 10k per 1mh/s

Thank you. So let's say 7.5k/1mh as another poster mentioned a similar figure based on difficulty. Let's speculate:

If I mine 75k GPUC in 24 hours, and GPUC is worth 0.00000115, then that's .25875btc (presuming btc = 670usd). If the store owner worked to get a deal as good as Amazon gets, he could sell a 270 for exactly that cost.

Now as a miner, it cost me $55 in electric to earn that. So in reality for the 225,000 GPU purchase, I actually need to mine 296,000 GPUC to cover all costs. What I could've done was simply trade 225k GPUC to BTC, and then BTC->Amazon, and get the card that way.

Totally circumvents the business frontend, which is required to sustain GPUC. (edit:) Which is why i said earlier, it would demand that the market value of GPUC still be far above what it is presently.

I can get MSI R9 270's on Amazon for $150 fiat (last week's order).

How??? MSI R9 270s are at least $250 on Amazon when I search and I haven't seen them below $200 since last year.

Last Monday Amazon got one of its weekly shipments of GPUS. MSI R9 270's were $171 Prime. Factor in my 15% discount (which anyone using BTC can get), the cards were $145. Add $4 for overnight delivery, and it's pretty much $150/card. With no quantity limits.

You have to be quick on the draw. I'm constantly refreshing Amazon inventory to see what's available. What usually gets leftover are the Amazon 2nd and 3rd party resellers, which can set the card at any price they want. $200.. $300.. etc.

(edit:) Let me put it this way, 3 weeks ago when MSI 270 came in stock at $190, Amazon received a truckload of them. Several hundred to say the least. In 6 minutes they sold out, and 1 minute after that they sold out of their backorder limit. 2 weeks prior to that I saw them sell out of 250 cards in 60 seconds. I was part of that.

You wrote too much... cal: 75k GPUC in 24 hours, and GPUC is worth 0.00000115, then that's .25875btc (presuming btc = 670usd)

75.000 x 0.00000115 = 0.08625btc (~53usd)

I've mined all first day and earned 7GPUC (before 2600 blocks), and a day after and got >20.000gpuc and ....... ~ 12usd for 2 days....

Thats enough for loving this coin and hopeless now... Nobody mine the coin with price lower than electricity cost ofcouse at least for 2 days... I quit and mine another coin today, if the price of gpuc stand and lower, i still love and buy cpuc... No mining anymore sure. What the DEVs doing for themself but we mine we have to pay the power we spent...
legendary
Activity: 1400
Merit: 1050
why are you guys so fixated on the price with it only being out for a day. Wait a week or so before selling,unless you are in the business of just mining and dumping for profit...
1.9Ghash/sec right now 3Ghash/sec this morning, do you think all of them want gpu's later instead of btc now?
member
Activity: 84
Merit: 10
why are you guys so fixated on the price with it only being out for a day. Wait a week or so before selling,unless you are in the business of just mining and dumping for profit...
full member
Activity: 168
Merit: 100
Value decreasing fast on this one...

Who has coins to sell  Smiley

It's not worth selling right now at all. Wait till it hits MintPal or some other larger exchange. THEN dump  Grin
full member
Activity: 140
Merit: 100


Spread hashrate and be safe, go for p2pool!! Lots of block found Smiley
Only 0.5% Fee


P2Pool benefits:

* No registration required
* Distributed hashrate
* Immediate payouts after a block is found
* Higher payouts with transaction fees paid to miners
* No account hack possible


Address: p2phash.com:9404
Start mining within seconds! Just point your miner to p2phash.com:9404 and use the GPUcoin address from your wallet for username, the password doesn't matter.
full member
Activity: 196
Merit: 100
Value decreasing fast on this one...

Who has coins to sell  Smiley

pretty sure its the miners dumping their coins that's bringing the price down, IPO's are just getting theirs

thats exactly what i think too,,,some miners with big rigs afraid of an IPO dump getting what pennies they can.

As long as the network hashrate is reasonable (above 10 or 15 diff) then I am not worried at all. With it around 30 like now? I am ecstatic.

Buy pressure will come, there is a reason the store don't open for two weeks you know.


waltsmith
sr. member
Activity: 406
Merit: 251
Value decreasing fast on this one...

Who has coins to sell  Smiley

Check this trading thread:
https://bitcointalksearch.org/topic/buy-sell-gpucoin-trading-thread-508026
full member
Activity: 236
Merit: 100
Value decreasing fast on this one...

Who has coins to sell  Smiley

pretty sure its the miners dumping their coins that's bringing the price down, IPO's are just getting theirs
legendary
Activity: 1400
Merit: 1050
Down to 65 51 satoshi on Atomic
Is it me or Atomic site is in maintenance ?
full member
Activity: 161
Merit: 100
digging in the bits... now ant powered!
Value decreasing fast on this one...

Who has coins to sell  Smiley
member
Activity: 98
Merit: 10
Down to 65 51 45 40 satoshi on Atomic
hero member
Activity: 560
Merit: 500
F that I'm holding my coins. I want a new GPU..
member
Activity: 98
Merit: 10
There is an easy solution, just sell outisde of the market so that we dont crash the price

Not a bad idea.

hey IPO holders, WTB 100k @ 20 satoshi, pm me.
full member
Activity: 154
Merit: 100
LMAO at TROLL, The IPO holders have been waiting for weeks, there is no buy pressure on new coin on small exchange and price is low. No one is selling a nickel of IPO fool
waltsmith

Just to reaffirm I'm 100% committed to helping this coin succeed in whatever Jaymes needs in this venture, as a dev.  

He is an honest guy, and I am looking forward to him running a successful business selling GPUs to miners.  It's a good service and business for the mining community.  Regardless of the price of the coins...

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