Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 416. (Read 421421 times)

18hrs is a lifetime to make some simple changes.

if you've got such a large system that 18hrs isn't enough, i pray to god its not. that way i can at least get some mining in on my SINGLE 7950 before you slaughter my hopes and dreams of making enough coins to buy another card using this coin.

you bigger rigged out people need to calm your tits. try putting yourself in a broke persons shoes, like mine!

18hrs to go and i'll be ready to go with a simple change of my current -n modded cgminer bat file, just need to change the pool from ultracoin.
5, 4, 3, 2, 1.. READY!


oh and i'm an IPO holder #218

on that topic, for those saying the lower people in IPO are just trying to buy a ticket for the gpu, hell yes i am. i've only got 0.2btc and most of that i bought with cash to try and play the market because i don't have funds to spend on huge rigs, and i'm mining with my one and only graphics card. so get off your high horse, the ipo helps everyone that bought in.
bunch of cry babies here.. get your kleenex, call your mommies and get off the forums till you're done being babies.

scrypt or -n, who cares.. either mine or dont.
gpucoin changed some things based on what you all wanted or brought up valid points for, and you're going to say "its going to be a rocky start". i'd much rather mine for someone thats willing to work with the community than someone that says "its my way and you dont matter".

keep up the good work GPUcoin, you've got my support

I'm still learning as I go, as I've never released a coin before, so there are definitely issues I never thought to research.  My assumption was that if the pools had access to source a little early they would be ready to jam once it officially launched.  I participated in a couple launches and was very put off when the 3 pools I had signed up with didn't get up and running until hours after the launch.

That is why this is a community effort.  If I stray too far down the wrong road I expect people to reach out, just like in this issue.  I am grateful for all your input and hope you all continue to do so.

The decision to go Scrypt-N was entirely the communities decision.  The poll prevailed and the IPO investors input sealed the deal.  I know you can't please every one all the time, so I went with what could make this a long term coin instead of a simple pump and dump.

The decision to allocate more money into the IPO fund is based on the overwhelming support from all the IPO investors.  I never thought there would be so many people that wanted to see a business take off, and I can hopefully provide back to the community by supplying cheap GPUs to all the miners.  I know, from my distributors price point alone, that this is easily possible with my current over head.

Back to e-mails and charts.

Unless I cannot read right... no where has the dev specified that he is using the VERT variant of scrypt-n and the VERT scrypt miner will work with scrypt-n GPUcoin release... happy to be stand corrected... there is only an assumption that the VERT miner will work.

whats major diff betweem scrypt N and scrypt Jane. Is either one of them more "asic proof"?

DEVS,
I would now assume that Vertminer would be the correct
miner to use for Windows? Please confirm this or immediately
post the required miner download.
Thanks

Thank You!

Great now i have to spend hours tweaking another mining program...

I agree, it is evident he is doing what he sees as best, and I am still excited about the coin despite not agreeing with everything. Whether I'm right or wrong, I just want to see the coin and business model become valuable and longlasting.

24Kilo, take a look at this: http://www.reddit.com/r/BAMT/comments/1ylhhy/release_vertcoin_bamt/

I don't mind going to PM and helping you.

OK... dev has made a decision... we are going scrypt-n... fine.

Can the dev please confirm exactly what variant we need to use to mine this coin... and I don't want an opinion from a thread contributors who are saying this should work or that should work.

The dev needs to confirm exactly what we need to use to mine this coin... if not... scrypt-n or not... it is an unfair launch with an opportunity for the miners in the know to instamine this coin... including the dev himself.

It doesn't take that long to set up a vert miner in bamt. 10 minutes, tops. Hell, there's even a guide on reddit for it. (I recommend using thekevs miner over bufius', though) Setup, clone, config, profit?

I agree that these changes are coming a little late in the game, but these changes are also what the voice of the majority is saying it wants, and it makes sense. I don't know if I really like the pools being running immediately, but adding coins to the IPO fund seems like he's just trying to be fair to the people investing.

hurrah for script-n!

out of curiosity what other coins had this kind of business model?

ok so my question is can we use the same miner from vert or is this going to be a custom? I'm cool with scrypt-n, keep the multi-pools and the nonsense to a minimum, just want to know which miner to use so i'm ready to rock and roll. I personally like the darkcoin miner, i get 2+mhs from my 280's. nice and cool and quiet too. but whatever at this point let's go with it so everybody's ready.

Wrong mabey in your opinion. right in my opinion. People are entitled to have different views.

It wouldn't be a clone. Litecoin had no backing, it's value came because it is better for small transactions. Most clones are just dumps. The value in GPU Coin is set at the store level by the owners despite what anyone thinks. If it settles at 1 satoshi, they price their cards accordingly. It's that simple. The business model is the backbone to this, not the coin.

Clusterfuck or not, it would've settled out. It always does. Good launches are so vital to a coins' popularity and value, which is why it's boggling they'll change things so late in the game rather than just switch over.

And yeah it's not hard to setup systems for ScryptN. Honestly, it seems more lazy to ask for something which is resistant to a technology. Whynot invest your earnings into the new technology? I can think of only 2 scrypt coins which were based on a business model which have and continue to hold value. Guess what? It didn't matter who mined it or how, or how many orphans occured. As long as transactions processed, the business front end made it valuable.

You can't expect to stand up a business and please both the miners and the other customers (folks who are simply going to buy the coin low at exchanges in order to get a good deal on the equipment from the store--folks who arent mining). If you want your business to not collapse on itself, you will please the website customer. This negates the miners' feelings.

Every other coin to come along and try to please the miners and the front end in a business model, has failed.

Business is a cold hard bitch.

Wrong... very wrong!!!

I was one of the first voices to ask about an ASCI-resistant algo when this coin was announced... and I fully support the use of an ASIC resistant alog... but making this change 18 hours from launch with an untested wallet and coin network... 18 hours for me compile a custom BAMT that uses a scrypt-n cgminer variant... 18 hours to test the compiles and tweak and tune 9 rigs to be sure they are stable at launch... now the pool admins have 20 minute early access to the source code so we solo miners now behind the pools and unable to combat a fork... this is shaping up to one difficult launch.

I am not lazy or a mine and dumper... I only have some many hours in a day and I hold 90% of the coins I mine for more than 3 months... so you are wrong.

If the dev would have announced a scrypt-n algo even a few days ago, I would have no issues. But all these last minutes changes are ensuring that we are in for a bumpy ride.

It seems the dev does not know what he wants for this coin... and it is worrisome that he is making major changes on the fly.

So far a double back-track... pools get source early when he originally announced the no one would get the source early... now he caves into pressure and put another 75M coins into the IPO when only a few posts early he gave a very sound reasoning why he did not want to.

This not shaping up well.

Thank you...

Because the crypto world needs another LTC clone, right? We haven't watched enough of those come and go already? It's not that hard to set up your rigs to mine scrypt-n, and NO, it doesn't damage anything.

As for your previous comment: YES this should help stop a forkfest on the launch. Scrypt-n means we won't have multipools dropping 50ghs on it as soon as it's compiled. Would you rather have an instamined clusterfuck?

In 8 months ScryptN ASIC will be out. So I'd say less than 2.5 years.



The other side of the coin is a lot of coins have issues with launch because the distribution point becomes DDOS'd. Valid concerns on both sides I agree, but he's wagering either way. This is why a launch with standard Scrypt and then if necessary a move to a new algo, would've been better than changing half his original gameplan less than a day before launch.

I guess we won't know for another 2.5 years (amount of time litecoin has been out).

Exactly my point. Pools shouldn't BE "Ready to Roll" If someone wants early coins then solo for a few. Not like its hard. Could prob teach a monkey to solo if you had a fairly smart monkey and some patience. Also soloing helps to spread nodes so that the pool wallets dont fork the chain. Not like I expect to get any coins while soloing a hyped coin like this but if it is not done then watch this baby fork till the cows come home and then write the coin off.

waltsmith