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superking123
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February 18, 2014, 06:09:07 AM |
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International shipping at reasonable prices?
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1GU7761x1kETD5vB2Pvs99XNWSskm8tKpY
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ripplebtc
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February 18, 2014, 06:52:27 AM |
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PoW Algorithm: Scrypt Retarget: Every block using KGW Premine: 3%  |
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paul09
Newbie
 Offline
Activity: 56
Merit: 0
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February 18, 2014, 08:13:19 AM |
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Looks pretty interesting, however here in Australia local computer shops sell reference 290x's for ~$630AUD(~$570USD) lol, I prefer 280x for mining, they are $370-380AUD for aftermarket cooler models here, pretty surprising that you have to pay more in the US! Still keen to see how things go though particularly if you offer international shipping, however surely if shops here can sell for $630 there must be some distributors who sell for less! I'm tempted to go in for the IPO, just need to see some more details before putting money into it. Look forward to seeing more.  |
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GPU Coin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 18, 2014, 05:48:19 PM |
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International shipping at reasonable prices?
We do intend to ship internationally, we just have to find the most cost effective service. |
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dakkie
Member
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Activity: 70
Merit: 10
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February 18, 2014, 06:05:35 PM
Last edit: February 18, 2014, 07:12:03 PM by dakkie |
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Dont know what im doing but im in.
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rizardus
Member
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Activity: 112
Merit: 10
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February 18, 2014, 07:20:42 PM |
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wait...
this is gpu coin and u want develop asic? :DDD are u joking right ?XD
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GPU Coin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 18, 2014, 10:38:24 PM |
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wait...
this is gpu coin and u want develop asic? :DDD are u joking right ?XD
Not at all. From what I understand the scrypt alt coins were created to get away from the ASIC dominated world of SHA256, but I also know that most people are in this market to be profitable, so I made an assumption that the community would like to have access to an ASIC in addition to the normal GPU based hashing. If the community as a whole disagrees with me, I am more than willing to redact my stance on trying to build an ASIC and instead move towards furthering the GPU based community by working on more turn key based systems and easier mining solutions. Other users feel free to chime in your 2 cents so I know the direction the GPU community wishes to strive for. |
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bj240z
Newbie
Offline
Activity: 20
Merit: 0
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February 19, 2014, 01:21:27 AM |
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wait...
this is gpu coin and u want develop asic? :DDD are u joking right ?XD
Not at all. From what I understand the scrypt alt coins were created to get away from the ASIC dominated world of SHA256, but I also know that most people are in this market to be profitable, so I made an assumption that the community would like to have access to an ASIC in addition to the normal GPU based hashing. If the community as a whole disagrees with me, I am more than willing to redact my stance on trying to build an ASIC and instead move towards furthering the GPU based community by working on more turn key based systems and easier mining solutions. Other users feel free to chime in your 2 cents so I know the direction the GPU community wishes to strive for. The idea of an ASIC is not necessarily the issue. The COST of the ASIC will most certainly be! The push back that you will feel from this community will be based around $'s, and thus creating another coin that has the potential to be "exploited" by an ASIC seems redundant. More so, it's ironic, that you should call your coin GPUCoin, when you're leaving the door open for an ASIC to come in an limit the GPU's effectiveness. If your intent is to create a GPU based coin, that is then able to be used to purchase additional GPU's, then I'm in as well! But given that coins like Ultra/Vert etc are already heading down this path, the only key point of difference here is your linked in shop that only accepts GPUCoin. Assuming that GPUCoin will end up on multiple trading platforms, the need to directly mine this then becomes less of an issue, if it can just be bought. So, if you're intent is to create "GPUCoin", then ensure that you're putting your best foot forward to ensure that this is ONLY minable with a GPU (for the foreseeable future). |
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qiushui113
Member
Offline
Activity: 63
Merit: 10
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February 19, 2014, 02:19:39 AM |
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interesting,I'll mine it
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ashao1015
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February 19, 2014, 02:23:01 AM |
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need to see some more details before putting money into it.
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keepwalking1234
Member
Offline
Activity: 98
Merit: 10
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February 19, 2014, 03:06:01 AM |
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want to invest some btc into this！
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Your dreams are waiting to be realized.
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dwma
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February 19, 2014, 03:41:53 AM |
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So this isn't really sustainable... You can take the IPO coins and take them back in exchange for the GPUs? Then what? Develop your own hardware? You sound like you barely know the difference in the PoW algorthms. How do you expect to hire anyone to create ASICs ? It is nonsense.
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jk_14
Legendary
Offline
Activity: 1292
Merit: 1000
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February 19, 2014, 08:34:18 AM |
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More so, it's ironic, that you should call your coin GPUCoin, when you're leaving the door open for an ASIC to come in an limit the GPU's effectiveness.
If your intent is to create a GPU based coin, that is then able to be used to purchase additional GPU's, then I'm in as well! But given that coins like Ultra/Vert etc are already heading down this path, the only key point of difference here is your linked in shop that only accepts GPUCoin. Assuming that GPUCoin will end up on multiple trading platforms, the need to directly mine this then becomes less of an issue, if it can just be bought.
So, if you're intent is to create "GPUCoin", then ensure that you're putting your best foot forward to ensure that this is ONLY minable with a GPU (for the foreseeable future).
Yes, this gpucoin name is very ironic indeed Late with algo, late with domain registration... But last, and not least: logo is nice looking... (is also under GPL?  ) Check this: https://bitcointalk.org/index.php?topic=448501P.S. It's really hard to design an ASIC proof and good PoW... |
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b0ss
Newbie
Offline
Activity: 53
Merit: 0
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February 19, 2014, 12:11:41 PM |
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Step 2: find yourself an European partner.
If you can sell GPU's at the best prices in Europe and the USA but only with *GPU Coin* your coin will go well beyond our solar system!
People not into mining will hear about your site and how good the prices are and will want to join the mining game.
Oh god, this coin project is such a good idea!
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ashao1015
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February 19, 2014, 12:56:50 PM |
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when does the investing end?
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SP4RK7
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February 19, 2014, 01:17:36 PM |
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Sounds interesting will keep an eye on this
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undeadbitcoiner
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February 19, 2014, 03:43:19 PM |
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Sounds cool.
WIll it be only GPU mineable or what?
According to name must make it Only GPU Mineable.
Will sure mine it.
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actuality
Jr. Member
Offline
Activity: 32
Merit: 10
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February 19, 2014, 06:23:32 PM |
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International retail partners are essential to this coin.
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jk_14
Legendary
Offline
Activity: 1292
Merit: 1000
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February 19, 2014, 07:24:10 PM |
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Sounds cool.
WIll it be only GPU mineable or what?
According to name must make it Only GPU Mineable.
Will sure mine it.
No, this coin is scrypt ASIC mineable before its launch Funny |
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GPU Coin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 19, 2014, 08:11:18 PM |
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So now it's pretty apparent that the ASIC idea was bunk and we will drop the idea of development completely and focus on an entirely GPU centric coin.
So after coming to that conclusion, I have read up on scrypt-n and while I like the idea, it also seems that after a few N increases that the coin will become a CPU profitable coin, which would again put the GPU on the sidelines. I will start the search to see if there is a better solution, but if any one else finds one before I do please feel free to share in this thread.
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