[GPUC] GPU Coin | Mandatory Wallet Update

[SP4RK7]

Apart from me admitting I WTB share from the original IPO on original price, 
I want to turn attention of the whole community and Jaymes (the CEO) mainly:

Jaymes,

1.Now you will have even less funds to buy video cards to sell.
2. Demand for video cards will be INSANLY higher than the initial quantity you can provide and 
I BET that you will end up with tons of orders, 
which will be put on a waitlist for a second round of buying.
3. You made already mistakes by launching the coin in a wrong way, its reputation is 
already not that good, my strong advice to you is to open a second IPO stage. 
4. Listen to me, do not make stupid mistake, because, if you are left in a situation
 I already described above, and that coin gets one more severe major step crash, 
I doubt you will be able to recover its reputation in future! REMEMBER MY WORDS!

This makes no sense to me I'm not sure about anyone else.

He wont have less funds as I imagine the 5 BTC that got refunded has already been snapped up by people from the original IPO

I'm sure he is hoping that he has tons of orders that is the whole idea of his business, not sure why you think this is bad  

[SP4RK7]

Apart from me admitting I WTB share from the original IPO on original price, 
I want to turn attention of the whole community and Jaymes (the CEO) mainly:

Jaymes,

1.Now you will have even less funds to buy video cards to sell.
2. Demand for video cards will be INSANLY higher than the initial quantity you can provide and 
I BET that you will end up with tons of orders, 
which will be put on a waitlist for a second round of buying.
3. You made already mistakes by launching the coin in a wrong way, its reputation is 
already not that good, my strong advice to you is to open a second IPO stage. 
4. Listen to me, do not make stupid mistake, because, if you are left in a situation
 I already described above, and that coin gets one more severe major step crash, 
I doubt you will be able to recover its reputation in future! REMEMBER MY WORDS!

Surely points 2 and 3 contradict each other as well.

2: He will have lots of orders or 3: No one will be interested as the reputation has been damaged

[freeloader1969]

There's already cards available that allow you to run up to 4 cards from 1 PCI-E slot.

http://amfeltec.com/products/flexible-x4-pci-express-4-way-splitter/

Not sure about cost though.  Maxwell is an interesting alternative with one of these setups.

[bigjme]

I think if I could get one, I would go get the 8 pci-express riser

Have 8 750Ti's connected to a system, my spare ssd, my spare xeon processor.
Total power pull should be less then 400w and give 2.3mhash/s in scrypt.

Here in the UK the gpus would cost around £900. Have about 4 spare systems kicking about waiting for them. Be a nice system, low power and they generate hardly any heat

Especially when compared to the high price on 290X and high power usage

[phaddie]

Apart from me admitting I WTB share from the original IPO on original price, 
I want to turn attention of the whole community and Jaymes (the CEO) mainly:

Jaymes,

1.Now you will have even less funds to buy video cards to sell.
2. Demand for video cards will be INSANLY higher than the initial quantity you can provide and 
I BET that you will end up with tons of orders, 
which will be put on a waitlist for a second round of buying.
3. You made already mistakes by launching the coin in a wrong way, its reputation is 
already not that good, my strong advice to you is to open a second IPO stage. 
4. Listen to me, do not make stupid mistake, because, if you are left in a situation
 I already described above, and that coin gets one more severe major step crash, 
I doubt you will be able to recover its reputation in future! REMEMBER MY WORDS!

Bad advice.  

Bad for you of course. You want to sell your action on 200% price. And who buy in it will be even in 10 times worse postion than before the IPO refunds, because now the price per Milion can drop to 0,11 BTC. And yes, I will say this lound here, now you can not delete my post as in your self moderated thread.

Terrible Idea from the guy who has been on the auction list for buying everyone elses IPO since the guy started the auction.  If he opens a second IPO this coins dies before it starts. <--  That '.' is spelled PERIOD.

[Omega0255]

My comment is if he can get that riser and can start selling the 750's I will be using all my gpucoins to buy them a build a proper mining rig for myself

Again though while the 750Ti has a tdp of 60w it's been tested and while mining they pull around 34w without over clocking.  And that's with a 80% efficiency psu

+1

If you're having issues with Asus cards being more expensive and thus not offering what you were planning on offering intially, you really should take a look at getting GTX 750 Ti's especially for those who are looking forward to purchasing them.

[Ritual]

There's already cards available that allow you to run up to 4 cards from 1 PCI-E slot.

http://amfeltec.com/products/flexible-x4-pci-express-4-way-splitter/

Not sure about cost though.  Maxwell is an interesting alternative with one of these setups.

wow....24 cards off one mobo...can you imagine the cabling and PSU mess?

Seriously, I'm not too sure how well those would work. You'd want 1.5m long risers for a start, and the frame would look like the stand at a premiership football game

Rit.

[Omega0255]

Apart from me admitting I WTB share from the original IPO on original price, 
I want to turn attention of the whole community and Jaymes (the CEO) mainly:

Jaymes,

1.Now you will have even less funds to buy video cards to sell.
2. Demand for video cards will be INSANLY higher than the initial quantity you can provide and 
I BET that you will end up with tons of orders, 
which will be put on a waitlist for a second round of buying.
3. You made already mistakes by launching the coin in a wrong way, its reputation is 
already not that good, my strong advice to you is to open a second IPO stage. 
4. Listen to me, do not make stupid mistake, because, if you are left in a situation
 I already described above, and that coin gets one more severe major step crash, 
I doubt you will be able to recover its reputation in future! REMEMBER MY WORDS!

Bad advice.  

Bad for you of course. You want to sell your action on 200% price. And who buy in it will be even in 10 times worse postion than before the IPO refunds, because now the price per Milion can drop to 0,11 BTC. And yes, I will say this lound here, now you can not delete my post as in your self moderated thread.

Terrible Idea from the guy who has been on the auction list for buying everyone elses IPO since the guy started the auction.  If he opens a second IPO this coins dies before it starts. <--  That '.' is spelled PERIOD.

Many initial investors said that they would pull their initial IPO if this project opened a second IPO.

[dawj20]

1.Now you will have even less funds to buy video cards to sell.

He's allowing the current investors to buy the refunded GPUC.

The refunded what? Correct me if I am wrong, but currently only BTCs are refunded.

The GPUC that investors bought with their BTC. Existing investors can now invest more BTC up to the original total (before the refunds happened) to buy more GPUC.

[djm34]

I think if I could get one, I would go get the 8 pci-express riser

Have 8 750Ti's connected to a system, my spare ssd, my spare xeon processor.
Total power pull should be less then 400w and give 2.3mhash/s in scrypt.

Here in the UK the gpus would cost around £900. Have about 4 spare systems kicking about waiting for them. Be a nice system, low power and they generate hardly any heat

Especially when compared to the high price on 290X and high power usage

I don't want to sound pessimistic but assuming a gpu such as the 750ti will be at a minimum of say roughly 1Millions gpu coins
Oversea shipment: 250k gpucoins... (and I am certainly on the low side) x8
Unless you already got tons of gpus hashpower, it might take a while before you get 8 (and clearly they will be outdated by then)

[bigjme]

There's already cards available that allow you to run up to 4 cards from 1 PCI-E slot.

http://amfeltec.com/products/flexible-x4-pci-express-4-way-splitter/

Not sure about cost though.  Maxwell is an interesting alternative with one of these setups.

wow....24 cards off one mobo...can you imagine the cabling and PSU mess?

Seriously, I'm not too sure how well those would work. You'd want 1.5m long risers for a start, and the frame would look like the stand at a premiership football game

Rit.

Admit it, you want one lmao.  Get a server cabinet and stick the entire thing in there. May take up a room but running all that from one psu?  Who can complain

A load of molex connectors and the riser cables.  And pci express 2 is only 500MB/s at x16. most mining systems can run fine at x1 speed.

Now think, usb3 is capable of 625MB/s
Why not a single usb3 cable from the MB to a main splitter.  Then 1.5m isn't too far, and it will run 4 or even 8 gpus easily. Less mess.

An idea that will most likely never be used but I am bored

And if gpucoin stays at what the IPO'S are selling at, 1 million coins would be enough to buy 2. And if you can get 2, why not just buy some more and add to it.

Anyway the big maxwell gpus come out in the summer. High performance and still very low power.

[Omega0255]

There's already cards available that allow you to run up to 4 cards from 1 PCI-E slot.

http://amfeltec.com/products/flexible-x4-pci-express-4-way-splitter/

Not sure about cost though.  Maxwell is an interesting alternative with one of these setups.

wow....24 cards off one mobo...can you imagine the cabling and PSU mess?

Seriously, I'm not too sure how well those would work. You'd want 1.5m long risers for a start, and the frame would look like the stand at a premiership football game

Rit.

Admit it, you want one lmao.  Get a server cabinet and stick the entire thing in there. May take up a room but running all that from one psu?  Who can complain

A load of molex connectors and the riser cables.  And pci express 2 is only 500MB/s at x16. most mining systems can run fine at x1 speed.

Now think, usb3 is capable of 625MB/s
Why not a single usb3 cable from the MB to a main splitter.  Then 1.5m isn't too far, and it will run 4 or even 8 gpus easily. Less mess.

An idea that will most likely never be used but I am bored

And if gpucoin stays at what the IPO'S are selling at, 1 million coins would be enough to buy 2. And if you can get 2, why not just buy some more and add to it.

Anyway the big maxwell gpus come out in the summer. High performance and still very low power.

Personally, I'm going to sell all of my cards come Q3 and pick up 6 or 8 GTX 880. A 20nm Full Maxwell GPU is going to be epic. I don't have that many CPU/Motherboards to plug the cards into so that's my best bet without spending extra money on PSU/motherboard/CPUs

[bigjme]

yeh thats a good idea. i think the 880 will be a beast

[freeloader1969]

yeh thats a good idea. i think the 880 will be a beast

While it may indeed be a beast, you'll have to think of the cost by then.  5MH/s ASIC Scrypt miners *should* be out by Q3/Q4.  If you can buy a 5MH/s (100 watts) setup from Alpha for roughly 1300 U.S. dollars, then what route do you take?

[Omega0255]

yeh thats a good idea. i think the 880 will be a beast

While it may indeed be a beast, you'll have to think of the cost by then.  5MH/s ASIC Scrypt miners *should* be out by Q3/Q4.  If you can buy a 5MH/s (100 watts) setup from Alpha for roughly 1300 U.S. dollars, then what route do you take?

Well, I can build myself a quad sli 880 gaming machine that can pay itself off in 3-4 months. Worth it!

[bigjme]

yeh thats a good idea. i think the 880 will be a beast

While it may indeed be a beast, you'll have to think of the cost by then.  5MH/s ASIC Scrypt miners *should* be out by Q3/Q4.  If you can buy a 5MH/s (100 watts) setup from Alpha for roughly 1300 U.S. dollars, then what route do you take?

Well, I can build myself a quad sli 880 gaming machine that can pay itself off in 3-4 months. Worth it!

Well who ever buys gpus just to mine 1 algorithm? Scrypt-n is fine on those. And keccak runs really well on them

[trademark]

Has anyone heard back from the CEO regarding upping their IPO? Anyone know if its still available?

[flasheart]

my eyeballs are bleeding.

[tylerderden]

 Yeah I don't think the IPO is an issue, I snatched up more and I'm sure everybody else did too. So thanks everybody. I'm sitting pretty good now for launch. as long as there is a launch.

[dbt1033]

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