Yeah, because they had to download and compile the source and setup their config files. Nothing, not even coin specs, were released to pool operators prior to launch. Once they released code, I had my pool up within 10 minutes. A delay at launch is not unusual while everyone is compiling the server backend.

Flawless launch, and still running smooth.

I can't speak for Avenger, but the information coming from KNC lately has been spotty and mixed it seems. Just last month they said they were still in preliminary chip design stages working stuff out. Suddenly, they've already taped out? So which was it? Sounds like KNC is working on some misinformation of their own. Could explain Orama's absensce. I lurk in here just to see what's new, and Avenger's pics are usually pretty funny and worthwhile.

I dunno if this could be any help or not for the next launch, but, ECC launched lastnight and it was absolutely flawless, with close to 3gigahash right at launch and sustained it for about an hour. Network hash is half that right now. They released source and wallets right on time and within minutes everything was synced.

Maybe the owner / devs here could talk to the team which launched the coin and get input / suggestions?

Link: https://bitcointalk.org/index.php?topic=503236.0

Not supporting or endorsing the coin, but it was an example of a professional launch.

Endorsement ny2cafuse is a solid community participant, a cornerstone in many ways. Trustworthy. Just wanted to toss that out.

So a month ago they were still in preliminary asic design working out efficiency issues. (Bitcoinorama)

But now they've already taped out.

Got my full refund yesterday. Just takes pressure. If you guys aren't getting your refunds, I'd be curious. He has the BTC.

Awesome Dabs, the 270's really can hold their own in the right setup. I'm going to evaluate undervolting mine sometime soon to see what they can do.

What are your settings for that last setup? Mainly engine, memory and TC.

This is good advice for many people. I had investigated the company and its paperwork, which is one of the reasons why I was willing to buy in. It wasn't a true IPO, it was more of a buy-in for premined coins, as VA LLC's can't have shares.

There's some I've run across, but they fail my memory right now. You probably know this already, but gyft.com will also take bitcoin, and will give you instant giftcards to places including amazon. I've used them for "oh crap I need money now" moments.

gc4btc.com helps out. You can talk to the owner and he'll get you bulk amounts offline. I keep giftcard in stock weeks before Amazon restocks. Newegg usually has them in stock longer because they charge more and put limits, so they're great if you absolutely have to buy something, but Amazon doesn't care if you order 5 or 90. I'm sure GPUC will get good pricing when they finalize their partnerships.

Something isn't quite right, maybe the op needs to check his backend / cronjobs. 7mh should roughly get you 30-50 in 24 hours when constantly running, right now.

Full refund confirmed. OP updated.

As I said; Easy as cake.

I'm sure he can.

http://www.amazon.com/Gigabyte-GDDR5-3GB-Graphics-GV-R928XOC-3GD-REV2/dp/B00H34J64M/ref=sr_1_1?ie=UTF8&qid=1394080142&sr=8-1&keywords=r9+280x

I could place my bulk order and get those for $320 via amazon (20% discount). They were in stock earlier, they're getting more this week.

Just wanted to follow-up: Full refund is finally confirmed. Thanks and good luck to all.

Updates - I will provide updates to the OP soon. The owner has acquiesced and issued me a refund; other IPOs have also put in for refunds and are awaiting theirs.

Jaymes responded to my request for a refund, and I have sent him my wallet address. I will update once he provides the return.

As I have stated many times, I wish I could stay in, but I've lost all faith in the operator of this venture. This is despite a decent profit I could've made reselling the IPO. Good luck to all, I do hope you all get what you want out of it.

Update - Refund received

I don't feel ripped off. I do feel bad for all involved and for those who had high hopes.

He told me in email if he failed to launch, that I could ask for refunds and he would process them, and if he doesn't, that I (or anyone) could file claim against his LLC. That's better protection than just sending some random avatar BTC on this forum, so yeah there were definitely more warm and fuzzies about this venture. Plus, it was a great idea, at least before he crashed it into the ground.

I don't think he's a scammer, I just think he lacks business competence and IT sense.

Try Cryptorush and SwissCEX

If you followed the situation you'd know he changed this stuff AFTER he closed the IPO buyin. But thanks for your armchair commentary.

I only tossed in a couple days' earnings that I was willing to lose, .5btc. I'm more upset at the blatant ignorance of the guy and the attitude he's giving many IPOs, and how poorly he planned and executed.

You always need someone to spearhead issues, I'm just taking this one up because of how dumbfounded I am about this guy. Plus I live near his neighborhood, which makes it easier for any sort of legal issues to be dealt with.

The original concept of GPU Coin was very stout, but then he changed his gameplan, part of his business plan, the coin design and some other stuff after IPO closure, and just hours before launch. Who in their right mind does any of that? He was advised by senior and experienced individuals on this board to NOT do that prior to launch because it would screw things up.

And here we are, 200 pages of his clusterfuck, without so much as a functional node or wallet. At this point, I would wager the coin will never have 1/10th the value it may have had if things had gone smoothly.

The only thing right about this venture is the logo, he got the logo right. It looks nice.
I stand corrected, it was mentioned at the very end. Thank you.

He completely ignored the topic of refunds in the email, and glossed over the series of failures after the 2nd launch. I'm also still waiting for a refund.

Even if the coin launches and becomes valuable to some degree, I don't want to have anything to do with a guy who clearly has no understanding of the cryptocurrency world, or launches, or that heavy loads occur, or that source code is a key part of launching things and compiling software.