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41  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 21, 2014, 01:28:44 AM
An update on the unmodified gridseed under linux.

I'm running cgminer on Linux Mint 13 32-bit on a eeePC 1000AH netbook connected to an unmodified gridseed. After ~20 hours of operation:

Normal settings, 900 MHz

A: 400384 R: 4096 HW: 6

CG hashrate: 381.6 Kh/s
Effective hashrate: ~375.4 Kh/s
42  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 20, 2014, 04:31:42 AM
Some further interesting observations.

Originally I was running the modified cgminer on my big beasty Windows machine for the unmodified gridseed. This seemed to work fine, and setting the clock to 850 resulted in low to no hardware errors. Setting the clock to 900 ended up usually on par with 850 after HW errors and such.

I've now been running it on linux on an old netbook I had lying around. Strangely enough, the gridseed seems to be doing better on linux. I have the clock set to 900 and it has been rock solid. At 950 it still generates too many HW errors to be useful in my opinion. The pool also verifies the better performance.

Has anyone else noticed this with their gridseeds/miner combos?

So, don't keep us in suspense - what hashrate is the pool reporting?

Didn't think there would be any suspense. At 900 I'm seeing about 380K. The pool fluctuates but the average appears to be right around 380K. It's been running for several hours now at 900, no HW errors, one rejected share.

Unmodified gridseed. Modified cgminer for gridseed from github. Standard options. Running on an eeePC 1000AH with Linux Mint 13.2.
43  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 20, 2014, 02:18:04 AM
Some further interesting observations.

Originally I was running the modified cgminer on my big beasty Windows machine for the unmodified gridseed. This seemed to work fine, and setting the clock to 850 resulted in low to no hardware errors. Setting the clock to 900 ended up usually on par with 850 after HW errors and such.

I've now been running it on linux on an old netbook I had lying around. Strangely enough, the gridseed seems to be doing better on linux. I have the clock set to 900 and it has been rock solid. At 950 it still generates too many HW errors to be useful in my opinion. The pool also verifies the better performance.

Has anyone else noticed this with their gridseeds/miner combos?
44  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 19, 2014, 01:42:27 AM
So to summarize: the max you can get is about 360kh at clock 850 without doing a hardware voltage mod?

Yeah that was my point.
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin | Rig Contest @ gpucoinforum.com/viewtopic.php?f=13&t=2736 on: March 18, 2014, 03:10:27 AM
It is whining when the coin is not completely launched and we are still waiting on the single most important economic piece of the puzzle to be added to the equation. The coin has been out for 2 weeks. Regardless of whether or not you bought into the "IPO" you are not owners of the company you are holders of the coins. The coins are not stock and do not give you a voice in the company ideas regardless of what you may think. The best way to look at the "IPO" coins is as non voting shares. And if you have lost faith in the concept of what is going on then dump the coins. You have options, bitching and moaning because you didn't get a million dollars from the initial mining phase is not one of them.

Well unfortunately markets aren't powered on faith. I'm not bitching or moaning.  I'm stating the obvious. Wave your rage all you want, you're not going to win against basic economics. You have a "currency" backed by a depreciating asset with the vast majority of coins in the hands of initial "investors" and early large miners. Worse, you have a single store that's placing artificial limitations on purchases that ensures only the largest players will be able to buy anything, a rapidly increasing currency base, and no discernible or efficient method for re-circulation.

There's another word to describe this kind of a setup, and it isn't currency.

But believe whatever you want. I'll just enjoy the show. Cheesy

46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin | Rig Contest @ gpucoinforum.com/viewtopic.php?f=13&t=2736 on: March 17, 2014, 07:00:58 PM
Thank you for gigantic red posting of block halving. That did not answer the question of discussing whether or not we are flooding the market. This isn't about early adopters, it's about having too many coins in circulation. Early adopters also aren't the ones who are going to profit from anything, its only the top 5 miners who are consistently pulling in a million or more a day.

You're welcome. I think that patience is in order, you are already complaining about profitability when the coin has been out for 2 weeks. The store is not even open yet, and the profit is driven by nothing but pure greed. Crypto offers an amazing opportunity that the financial sector cannot typically offer, practically instant profits. But it creates a community of impatient whiners who bitch and moan when something doesn't instantly meet their expectations. I suggest you wait and give it a moment to breath or dump your coins and get the fuck out.

Also if you have an idea for a coin or how to "fix" a coin, make your own. That way you can be in control of it instead of someone else. Because after all, it's not your coin to make decisions with.

It's not whining when someone is bringing up legitimate economic concerns. If this paradigm is going to thrive then there has to be an economic incentive to mine and use GPUCoin vs. some other coin. Otherwise people aren't going to waste their time when there are other more profitable ways to spend their resources.
47  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 17, 2014, 04:47:22 PM
12,624 accepted shares in an hour on scrypt guild before bfgminer frooze - CPU overload i think.(4 instances of bfgminer plus cpu miner, photbucket auto backup - now cancelled, antivirus scanning and approx 20+ tabs on firfox oops overload! - it had above 400 hash rate last submission 8 mins ago so scrypt was showing current hash rate as zero.

current stats :

GSD 0:       | 446.4/443.3/222.3kh/s | A:108 R:2+0(none) HW:0/none

scryptguild pool confirm 2317kh/s 2000 accepted shares.
uptime 10 mins

So far your results don't indicate you're getting the hashrate you think you are. In one screenshot it shows about 26 minutes of runtime with an accept of 259 and a reject of 19. In the next it shows about 17 hours of run time with an accept of 11935, a reject of 808 with 16 HW errors.

Here's a snapshot of mine running at 850 for approximately 3 hours:

 cgminer version 3.7.2 - Started: [2014-03-17 09:38:22]
--------------------------------------------------------------------------------
 (5s):361.6K (avg):361.6Kh/s | A:54912  R:768  HW:0  WU:2.5/m
 ST: 2  SS: 0  NB: 332  LW: 1771  GF: 0  RF: 0
 Connected to mine.coinshift.com diff 128 with stratum as user ...
 Block: ea422ecc...  Diff:235  Started: [12:28:20]  Best share: 15.2K
--------------------------------------------------------------------------------
 Pool management Settings Display options Quit
 GSD 0: 6D8B468C5650  850 MHz | 361.6K/361.7Kh/s | A:54912 R:768 HW:0 WU:2.5/m
--------------------------------------------------------------------------------
[2014-03-17 12:29:05] Submitting share 23aa84b0 to pool 0

48  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 17, 2014, 02:32:17 PM
at eork on smart phone so cant confirm hashrate on pc but just checkef.in on my pool hssh rste 463 accepted dhsres 63  - it set up uding hsdhcows. i can swap it over to my other pool at scrypt guild which hss a more detailed stat on it. i noticed bfgminer didnt seem to be reporting the shsres etc but i was getting an accepted hsdhrate and shares at the pool. but we will see in more detail later

Using your post times to define the length of time that your miner has been running, that's about 3 hours. Getting 63 accepted shares over a 3 hour period means your basically generating junk (unless you've fixed your difficulty to be ridiculously high).Most of your shares are either not validating or are encountering hardware errors.

If you're connected to a multipool, you should be seeing at least 120-180 accepted shares per hour. Over 3 hours you should see 360-540 accepted shares.

49  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 17, 2014, 07:07:50 AM
images to follow later.

I really hope these images include pool stats confirming your hashrate. A lot of people in this forum have been running their Gridseeds without fans at all, so it would be really surprising to learn that repositioning the fan can gain 20%+ performance.

It doesn't. Cooling is not the the problem in scrypt only mode. You can remove the fan completely and in scrypt mode the heat sink will barely warm up. In fact, you can run scrypt without a heat sink at all. The power draw is so low in scrypt mode (approximately 7 watts without the fan) the chips don't even get toasty. Use the heatsink and fan to keep your beer cool. Smiley

The heat sink and fan are for bitcoin only/dual mode. That will heat things up (I haven't tested it myself, but others have reported a 60 watt draw).

Considering the number of people who have tried pushing these things to their limits, I seriously doubt claims that these things can be run at anything above 900 with any sort of efficiency. The people on this board aren't stupid. I'm waiting to see what this guy posts. I'm betting he'll have a hashrate of 450 kh/s but almost no submitted shares due to rejections and errors.
50  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 16, 2014, 10:40:30 PM
neewbie here - been on this darn gridseed all weekend scouring the forums. but got it running. did a small mod. Flipped the fan - extended the cables and attached a shelf around the fan. It now removes the heat instead of blowing air onit to cool it down. also by lefting the fan 5 cm you improve the effiency of the fan by removing the dead center spot - which is exactly where the chips are located. anyway its running on scrypt only on bfgminer with clock - in the .bat file at least - of 1050! Early days only been running 25 mins but its at 446.8 avg 5s hash rate! and no hardware errors. gonna let it run over night see how stable it is. and ill post back plus upload some shots of the fan mod. tried to get it higher at 1150 bfgminer started but not the gridseed at 1250 bfgminer didnt start. thers maybe room for a bit more overclocking yet but not much its gonna be a resistor swap job. just got to track down the right one.

p.s got tonight screen shot just got to upload it and lost photobucket account details. tomorrow itll be - about 14:00 gmt

1BTC Bounty for the first person that can overclock gridseed 5-chip devices in cgminer or bfgminer without additional HW errors and rejects!

Also

2BTC Bounty for the first person that can do it over the weekend! This means by 11:59 EST Sunday 3/16/14

Ready set go.

Hashrate doesn't mean jack if all you get is HW errors and rejects.

I've verified with my own experiments that 850 is about the best operating speed for the gridseed. Occasionally 900 can beat it. Anything above that and you get worse performance due to the large increase in HW errors.

1. Set clock to 850 and point to a relatively stable coin pool for 24 hours.
2. Set clock to 900 and point to the same pool.
3. Set clock to 950 and point to the same pool.

Verify your recorded hashrate with the submited shares of the pool. At 850 you get an effective hashrate of around 360 kh/s. At 900, you can sometimes get around 370 kh/s effective but usually it ends up about on par with 850. At 950 your effective hashrate drops below 300 as the greatly increased HW errors start wrecking havoc on your accepted shares rate. At 1000 all you're doing is destroying your gridseed (you're effective hashrate is basically 0).

This is with the gold gridseed using cgminer. Unless cgminer is doing something incorrectly with it's overclocking, I don't see how bfgminer is letting you clock to 1050 without any HW errors.
51  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 16, 2014, 12:47:20 AM
anyone have any problems with the miner not hashing any shares. It did for a few days but now, just shows new blocks. No change to my bat file and I've tried all the miner software (cpuminer/cgminer/bfgminer). They all produce no shares, but also, no errors...

Any suggestions would be great.

Thanks!

You'll need to supply more information than that if you want any useful responses.

1. What are the lights on the gridseed doing? Give on-off times.
2. Did you try disconnecting then reconnecting the gridseed?
3. Did you check your power supply and wiring? Is your power supply adequate? What mode are you running in?
4. Are you getting hardware errors? Is the device even hashing?
5. Post your miner configuration and miner output.
52  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 15, 2014, 08:17:28 PM
I'm having some big issues with my Gridseed 5 chip miner.

The issues are:
1.When I used the official miner (CPUMiner one I think),no matter how many times it shows 'Dispatching new work...' I never see any shares submitted to the pools I use (no matter which pool I use and with their corrent URLs,clevermining.com,multipool.us and coinshift.com) so I gave up ever hoping I'd get the full 400+Kh/s as promised from my miner so I changed to CGminer 3.72 which does get shares submitted but I get much less than half of the total hashpower/coins I'm supposed to have mined on all the pools I've used.
2.CGminer often says accepted yet I never see the shares in my pool even though my internet connections ok and plugged in ok via the USB port.

I've tried everything I know of to remedy this but to no avail and am pretty frustrated now since there's no improvement and the instructions are even harder to understand than why I'm having issues in the first place.

If someone can just help me get back on track,I'd really apreciate this as I didn't spend nearly £300 for a miner that only performs at 50% or less of it's capacity (paperwight).Thanks Smiley

First, you're not going to get a stable 400k hash out of a gridseed. You'd need to be running at 950 to do that, and you'd be getting a number of HW errors if you did. I've been running pretty stable at 900 with a couple of HW errors but this gives about 380k. Most people run it at 850 which is around 360k.

This is what I use for cgminer:

cgminer.exe --scrypt -o yourpooladdress -u username -p password --gridseed-options=baud=115200,freq=900,chips=5 --hotplug 0

If you get too many errors, change 900 to 850.

With cgminer, you'll see a low WU. Ignore it (it's incorrect). If cgminer is showing a correct "A" count (depicted by A: in the output) but you're not seeing it on your pool, be sure you have the correct wallet address. A number of pools gladly accept "donations" from people with incorrect addresses.

If none of this applies to you, post sample output from cgminer so we can see what's going on.

Anything above 850 Mhz performs worse, the hashrate cgminer displays is nothing like your 'actual' hashrate.

Ah, so none of the miners really report anything well about these devices. And the pools are notorious for their inaccuracy for hashrates as well.

I guess I'll have to dive into the schematics of the chip, the bios, and drivers to see if there's a way to do that. If the miner is reporting 380k and the pool is reporting 410k but I'm really only getting 300k, that's irritating to say the least.

One things for sure, the person with their clock set to 1000 is going to run into a lot of issues.
53  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 15, 2014, 02:45:45 PM
I'm having some big issues with my Gridseed 5 chip miner.

The issues are:
1.When I used the official miner (CPUMiner one I think),no matter how many times it shows 'Dispatching new work...' I never see any shares submitted to the pools I use (no matter which pool I use and with their corrent URLs,clevermining.com,multipool.us and coinshift.com) so I gave up ever hoping I'd get the full 400+Kh/s as promised from my miner so I changed to CGminer 3.72 which does get shares submitted but I get much less than half of the total hashpower/coins I'm supposed to have mined on all the pools I've used.
2.CGminer often says accepted yet I never see the shares in my pool even though my internet connections ok and plugged in ok via the USB port.

I've tried everything I know of to remedy this but to no avail and am pretty frustrated now since there's no improvement and the instructions are even harder to understand than why I'm having issues in the first place.

If someone can just help me get back on track,I'd really apreciate this as I didn't spend nearly £300 for a miner that only performs at 50% or less of it's capacity (paperwight).Thanks Smiley

First, you're not going to get a stable 400k hash out of a gridseed. You'd need to be running at 950 to do that, and you'd be getting a number of HW errors if you did. I've been running pretty stable at 900 with a couple of HW errors but this gives about 380k. Most people run it at 850 which is around 360k.

This is what I use for cgminer:

cgminer.exe --scrypt -o yourpooladdress -u username -p password --gridseed-options=baud=115200,freq=900,chips=5 --hotplug 0

If you get too many errors, change 900 to 850.

With cgminer, you'll see a low WU. Ignore it (it's incorrect). If cgminer is showing a correct "A" count (depicted by A: in the output) but you're not seeing it on your pool, be sure you have the correct wallet address. A number of pools gladly accept "donations" from people with incorrect addresses.

If none of this applies to you, post sample output from cgminer so we can see what's going on.
54  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 15, 2014, 07:07:17 AM
What pool are you hashing?

Who me? Right now wafflepool.
55  Alternate cryptocurrencies / Mining (Altcoins) / Re: [GUIDE] GridSeed Miner Support/Tuning on: March 15, 2014, 07:00:11 AM
Perhaps I misunderstood your query. There is a special OC version of cpuminer available. http://cryptomining-blog.com/?s=over+clock+gc3355
Sorry for the misunderstanding, if so....

I know about the OC'd cpuminer. I'm referring to this:

1BTC Bounty for the first person that can overclock gridseed 5-chip devices in cgminer or bfgminer without additional HW errors and rejects!

Also

2BTC Bounty for the first person that can do it over the weekend! This means by 11:59 EST Sunday 3/16/14

Ready set go.

Cool! I'm doing it right now with cpuminer for SCRYPT only.
900MHz for several minutes. Excellent!

Wolfey2014

jmordica asks "for the first person that can overclock gridseed 5-chip devices in cgminer or bfgminer without additional HW errors and rejects" and you respond "Cool! I'm doing it now with cpuminer ..."

So I'm wondering how overclocking in cpuminer answers jmordica's question - you're saying the cpuminer OC code can be adapted for cgminer?


Currently, cgminer/bfgminer supports overclocking but 850 is as high as you can overclock without additional hardware errors and/or additional rejects from the pool. 850 is what everyone is using that has these chips so i'm offering a bounty for the first person to overclock beyond this point.

I've ran mine at 900 for about 8 hours scrypt mining. I restarted a few hours ago to test 950 but it seemed like I was getting a couple of HW errors every few minutes then so I switched it back to 900. At 950 you can break 400 kh but I don't think that's enough to counteract the increased hardware errors.

At 900 it seems you get anywhere from 0 to 2 HW errors per hour. Also, with cgminer the WU is reported incorrectly. You'll see something ridiculously low (like less than 1/m), but the shares are being submitted correctly (verified on the pool website).

Absolutely no heat issues. PLan to keep my drinks cool with this thing in the summer. Running on an old 12v 3 amp power supply I had lying around.

 I restarted about a couple hours ago, so here's a snapshot since then:

 cgminer version 3.7.2 - Started: [2014-03-15 00:26:35]
--------------------------------------------------------------------------------
 (5s):383.5K (avg):379.1Kh/s | A:46080  R:0  HW:3  WU:0.6/m
 ST: 2  SS: 0  NB: 177  LW: 1220  GF: 19  RF: 0
 Block: a64a3886...  Diff:1.02K  Started: [02:45:53]  Best share: 48.2K
--------------------------------------------------------------------------------
 Pool management Settings Display options Quit
 GSD 0: 6D8B468C5650  900 MHz | 382.9K/379.2Kh/s | A:46080 R:0 HW:3 WU:0.6/m
56  Economy / Service Announcements / Re: [In Stock] Batch 8! Gridseed miners in Stock in Los Angeles. [$225] on: March 14, 2014, 11:56:05 PM
Correct me if I'm wrong, but if I wanted to buy just one for testing this out so I don't want to buy a  full blown separate power supply or anything yet. So I suppose if I get this AC adapter http://www.ebay.in/itm/12V-5A-POWER-ADAPTER-SMPS-POWER-SUPPLY-FOR-LED-AND-OTHER-EQUIPMENTS-/181343625932?pt=LH_DefaultDomain_203&hash=item2a38ec22cc   and connect the Gridseed device to my PC via my mobile's data cable (micro USB) and installed the specific CGminer version, I could hash away at 300KH?

Or this http://www.ebay.in/itm/Universal-Notebook-Charger-Adapter-Power-Supply-for-Laptop-12V-to-24V-96W-/301109513618?pt=IN_Laptop_Desktop_Accessories&hash=item461b868d92

I am going to run one on this. People over at reddit have been using it without issues
http://www.amazon.com/gp/product/B003TUMDWG/ref=oh_details_o03_s00_i00?ie=UTF8&psc=1

For my other 10 that I'm receiving next week, going with a CX600 psu (since I already have a spare one from an older desktop pc).

If all you doing is scrypt mining, just about any old 12v power supply you have lying around will probably work. Max draw overclocked is around 10 watts, so even a 1 amp supply should work. I'm using an old microscope power supply that's 12v 3 amps and have had zero issues scrypt mining with an overclocked gridseed.

So if you're like me and just want to run a single one for testing just dig around your old electronics drawer/box. Just make sure it's (-)----(*----(+) and not (+)----(*----(-). Smiley

EDIT: I ordered mine from ZoomHash. They said it would ship on the 9th and it did. Arrived earlier today, set it up, and has been running ever since without issue. The only quirk I noticed so far is that if you want to switch what you're mining, it seems you can't just stop the miner and start it again. You need to disconnect then reconnect the USB cable. This is likely a software issue (driver or miner).
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin on: March 14, 2014, 12:42:09 AM
Hey all you guys that say you havent got your IPO or whatever reason you have for needing to talk to CEO, why don't you just hop on IRC? GPUC is usually signed in there....

on another note, have you guys read the stuff about cryptsy's bug that allows for price manipulation? I saw it on reddit and I'm not sure if it's just doge or what but it sounds like they know about it and are trying to cover it up rather than fix it so I think cryptsy is a bad idea. If they really are playing games and on their way to being gox for doge then it's just a matter of time before they are done. Atomic is a good exchange, just needs more volume but it's there if you want to buy some cheap GPUC.

All exchanges are technically a bad idea. There are no laws or regulating authorities for these exchanges. There are no audits. There is no transparency. There are no rules stating they have to let customer's know of security breaches, bugs, or exploits. They could scam every single last person out of every single bitcoin they can, close up shop, and walk away and there would be nothing anyone can do about it. There are a million and one ways exchanges can scam you an you wouldn't even realize it until it was far too late.

Treat every third party wallet with caution. Keep only what you need there, and withdraw everything you don't. And for $DIETY's sake don't put any private information on these sites, especially given the terrible track record these sites seem to have in regards to security (not that there are any laws that require them to be secure). They want you to upload a photo ID, bank statement, and a bill to your current address? Tell ya what, just tell me your name and I'll see if I can low-ball the price for your identity on cheapamericanids.ru for ya.






58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin on: March 11, 2014, 10:14:25 PM
Im still mining, just cant afford to get burnt again - Caught a falling knife a couple of times.

Litecoin bores the living shit out of me,  but if its guaranteed and this fails Ill point my rig at it and take up sewing.

the thing that gets me is no word from the OP/DEV/CEO

only 80 cards to start

and the cycle of GPU coin to cards and then the DEV needing to turn GPU coin back into cash


Its just not adding up in my head.

anyway best of luck peeps I got a busy day tomorrow so going to beddy byes, watch some crap on youtube about quantum physics.

G

Well, if it makes you feel any better, maintaining the idea behind the currency is likely to be far less profitable than cleverly scamming people. A plausible scenario:

With $50K, at least in the states, you could build a mining farm that generates as much as a decent job. Meanwhile, the online store opening gets delayed for "technical issues". After several false starts and delays, many people will just dump and leave. "Good idea, but poorly implemented. Oh Well." After this goes on long enough, the store finally opens. But now the coin price is so low that the GPU prices are astronomical. Maybe a few holdouts and hoarders can afford them, while everyone else would have to mine for a year or more to buy one. The store stays open for a bit, maybe even sells a few honest to goodness cards. But then the owner says he's forced to close up shop as it simply isn't profitable. He'll blame himself and apologize profusely for everything. "I failed, but at least I tried." Aww...too bad. Better luck next time.

Meanwhile, that sweet mining setup that venture capital bought is generating $30K-$50K per year in untraceable, untaxable income. And he didn't pay a dime of his own money for it.

That's just one of several different ways a scam could be perpetrated. And all of them with no repercussion to the scammer.

Now will this guy scam everyone? I have no idea. I don't know him. I've never met him. He could be nicest guy with the purest intentions or he could be a next gen Nigerian scam master. He could honestly want this thing to succeed and is working so hard on it he has no time to talk, or he could already be in Barbados gorging himself on hookers and blow.

The point is, in an unregulated anonymous market, one should be extremely careful where one places one's trust. Tongue

59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin on: March 11, 2014, 08:45:34 PM
Yeah, my only complaint is the CEO should be posting here, twitter, facebook, etc.
what is going on, or at least hire someone to do it.  We IPO investors and even
miners supporting the system deserve to have updates.

I think he just sleeps a lot.
Or hopefully just is working on the store and acquiring GPUs.
So he could quit his job at the nuclear plant. Hopefully he is
not Homer Simpson. Smiley Maybe he just needs a few donuts for
motivation.  Mmmm Donuts.
He studied nuclear physics, he loved his classes, $50k of IPO
can buy a lot of beer. The future's so bright he needs to wear shades.
And if you don't get this, get back in school kids, you're too
young to be investing in Crypto.

Im not a troll, but like you say 50k in dollars, and untraceable ? Wouldn't you run??

No. Then again, I'm not in life for the money. Smiley
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin on: March 10, 2014, 01:03:35 PM
If they can sell hardware cheaper than other online stores and still make a profit or even cover the expenses, why are they not doing it on USD already? If they can, why can't someone else and how come there isn't some store selling cheap gpu's and having them in stock all the time? If they can't, well, then there will be no business.

It doesn't matter if they sell cheaper or at store price or at a bit over the regular store price. It's still worth it because you will have to exchange one currency for a physical item and not GPU to BTC and then to USD and then purchase. You lose/win on each stage, but mostly you lose. And if the coin is backed by a physical item it gives it a value, so in turn in can drive the exchange rate for BTC and not the other way arround.

Overall if they will get the shop online and working then this coin will go a long way!

Totally agree, and i have an idea that will put this coin above bitcoin.. But i am not telling it here.. lol..

Above BTC???
You mean a market cap of above 12 billions??

All i can say is that its a possibility, But wont happen instantly. But the value will certainly increase well above litecoins in a very short time. Depends how strong willed the CEO is. I have now sent an email to the CEO, but not divulged any info, yet..

I have a marvelous proof describing the life, the universe, and everything. Unfortunately this message is too small to contain it.
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