Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 48. (Read 421398 times)

What happened? It became far more secure. Hashpower = network security.  They don't make it less profitable.. in fact you're so far off on your logic it's mind blowing. If that were the case then bitcoin would be worth less than a dogecoin. The most profitable long term altcoins are Scrypt, but it's not their algo which makes them profitable. The most valuable and sustainable cryptocurrency will be the one consumers use worldwide, and that may not even be Bitcoin in a few years.. who knows.

Aside from that, no cryptocurrency has inherent value, and only a few of them have somewhat tangible value. ScryptN (or ANY algo) coin value shouldn't be evaluated from the first 6 months.. not even the first year honestly. Vertcoin's hash and value is dying, just like many others.. why..? Nothing tangible. Why mine it? No consumer use. GPUC is following the same path right now. Network hash has died off severely.

Besides that, to maintain a network you need ongoing hashrate. Ongoing hashrate = more power usage. Without ASIC you limit your hashrate and increase security risks. Right now the least efficient Scrypt ASIC systems are pushing 500kh at just a few watts, and I can get them for the same price as 270 cards. Think about that for a minute.

Would you rather be mining GPUC at 500kh at say 150watts, or 5 watts? Because the latter would be giving you lower overhead and hence a more valuable turnover.

Like I said before.. hardly anyone in this thread understands the problem with GPUC, much less long term coin design and sustainability. Maybe 5 people.

tried that too. same results. I tried different coins different pools, I tried just straight up mining vertcoin with my old config that worked forever flawlessly.no dice. The only other thing i can think of is to try vertminer and see if that changes anything. really strange dude.

Asics will not be able to mine GPUC. In their current configuration asics will only be able to mine plain scrypt coins like LTC and DOGE. They will not be able to mine scrypt-N, scrypt-jane, X11 or hefty1. There may at some time in the future scrypt miners for these other coins but that is a long way off.

Again, I can't fathom you pro-asic people's logic when it comes to GPUs. When ASICs are in use, GPUs become useless. I'm not talking value of the coin, I'm talking value of mining hardware. What is the point of BUYING GPU cards when you can't make PROFIT from a GPU card??? Only gamers will be left if ASICs take over again. Fucking seriously, how do you not get this?

New alt currency idea! Maybe we should make ASICC; ASIC Coin! Buy ASICs from a store with it.  

What happened? It became far more secure. Hashpower = network security.  They don't make it less profitable.. in fact you're so far off on your logic it's mind blowing. If that were the case then bitcoin would be worth less than a dogecoin. The most profitable long term altcoins are Scrypt, but it's not their algo which makes them profitable. The most valuable and sustainable cryptocurrency will be the one consumers use worldwide, and that may not even be Bitcoin in a few years.. who knows.

Aside from that, no cryptocurrency has inherent value, and only a few of them have somewhat tangible value. ScryptN (or ANY algo) coin value shouldn't be evaluated from the first 6 months.. not even the first year honestly. Vertcoin's hash and value is dying, just like many others.. why..? Nothing tangible. Why mine it? No consumer use. GPUC is following the same path right now. Network hash has died off severely.

Besides that, to maintain a network you need ongoing hashrate. Ongoing hashrate = more power usage. Without ASIC you limit your hashrate and increase security risks. Right now the least efficient Scrypt ASIC systems are pushing 500kh at just a few watts, and I can get them for the same price as 270 cards. Think about that for a minute.

Would you rather be mining GPUC at 500kh at say 150watts, or 5 watts? Because the latter would be giving you lower overhead and hence a more valuable turnover.

Like I said before.. hardly anyone in this thread understands the problem with GPUC, much less long term coin design and sustainability. Maybe 5 people.

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?

change up your config for that card then.
scale back the core/mem/voltage to stock settings
dial back your bat/config to something that should work really easy for the card.

then see what happens

so a few weeks ago some dumbass told me to delete a cl file in my cgminer directory (I was having issues mining some stupid shitcoin)  and since then I can't mine scrypt-n on that machine. I have tried fresh windows install with brand new cgminer diffferent cards from another rig and they all give me the same error : gpu failure error enqueing something blah blah...has anybody had this problem before and how the hell do i fix it?