Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 155. (Read 421398 times)

P2pool node Mountain Time Canada (Calgary)

http://gpu.crabdance.com:9404/static/

user :your gpucoin address

pass: anything

Ah thanks, gift cards.

I am getting only about 65-100kh/s

Yes, now that is a good idea.


You can use gc4btc.com , very trustworthy. I talk to the owner/operator a lot and have done lots of business, I sometimes even get first pick at bulk which is nice. He might be delayed in responses this week due to personal reasons, but he is good to do business with.

No problems here. 

my hashrate is between 65-100kh/s

How is everyone getting 15% OR 20% off on Amazon.com all the time?

What makes sense at this point, is mining something more profitable and buy a few GPUC (10-20k) cheap, and wait for the price to inevitably boom when it hits cryptorush

Hey BinaryClock, what's up? I've always thought a 51%+ sustained share of hashrate is not good for a coin? True or not?

No, what I'm saying is mine something with higher profit margins.

I threw 1,000 Kh/s at this coin for 14 hours and ZERO...


I want my coins allpoolz...

So what you're saying is don't mine in California?

What's your hashrate?

I wish i kept my IPO., but i got a refund. Could have had 270K coins. I though it was going to a scam coin after launched failed 3 times. Now im hitting my head.

Please feel free to donate GcXb1EmsDDtnjmN9VkqqeMfeYatDbdRc6T

Agreed. GPUC's proposition at the current rates is, at best, breakeven versus electricity. I would only recommend mining this coin with a small portion of ones hash power. Anything more is an all-in gamble because opportunity costs are very high. Many much more profitable things to be mining instead.

What is your hash rate?  I have my 2 mining rigs at my store location but just my luck, the internet went out before block 2600 and they were offline all night.  So I mined with just my home system that has a 270 and 270x in it.  They get about 240kh each and it mined 1500 GPU overnight.  Got my 2 main rigs running a couple of hours ago and have now mined over 4k more since then.  Would be more than that but my main rigs still are not quite right.  Keep getting sick/dead GPU after 20-30 minutes, so have had to stop them several times and tweak settings.

Is anyone able to email [email protected] or [email protected] without getting error messages?

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 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.


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.


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.

Wow.  This is what happens when people that have no idea what they are talking about, try to talk about something.

Funny though - had a good morning laugh.

baaaaddddd stuff.  Much technical.  Very trustworthy.