Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 35. (Read 73804 times)

This is not exactly the same, but here is the difficulty chart from the very beggining of the mainnet,
https://grinexplorer.net/

This site has better graphs but they don't even go 1 month back
https://grinscan.net/charts

Is there a daily primary and secondary hashrate chart that is plotted from the very beginning? I would like to see Grin mining's progress. Thank you.

Well... it IS reliable since (1) it's on Coindesk and (2) it points in the official forums: https://www.grin-forum.org/t/obelisk-grn1-chip-details/4571
One of the guys who seems to be in GRIN's team posted the following,


I don't understand the technical issue and that's what I asked in my previous post.

Changes over 1.5 years, this is likely gradual changes, very very low speed.
The Grin coin has launched its main net around less than a half of year, so it is too soon to make such big changes, in my opinon.
Not sure about the reliability of the article.
Does it really reflect core ideas to improve network performance from grin coin team?

I'm kinda confused after reading this article: https://www.coindesk.com/grin-cryptocurrency-to-vote-on-change-to-hard-fork-roadmap

So right now most of the blocks are mined with GPUs and fewer are mined with ASICS. The roadmap is to gradually shift from GPU>ASIC to ASIC>GPU block amount, with changes taking place about once every 1.5 years.
An ASIC design seems to be ready and they said the single-chip ASICs are better than multi-chip ones. OK... I don't see where the problem is and why should the roadmap shift in anyway.
Is there any difference between single-chip and multi-chip designs?

OK then get some of theses "free" coins and send them to me. I have no ideas how you can get them free.

Grin and the Mythical Fair Launch



https://medium.com/@arjunblj/grin-and-the-mythical-fair-launch-395ca87a5e73?source=email-1e154d444ca3-1553593066675-digest.reader------0-59------------------05974474_35e0_46be_a91c_930fdf7eddf3-1§ionName=top

dafaq you sayin yes faucets give you free coins ..lol :-D you new here?

FTFY

What you are saying is simply not true. Why are Beam and Bitgrin also going down when they have an emission schedule akin to Bitcoin? Why is XYZ shit coin also going down when it to has an emission schedule akin to Bitcoin? Why is Bitcoin itself going down? The reality is we are in a bear market and the likelihood is that even if Grin had Bitcoin's exact emission schedule price would still be down and moon boys would still be sad.

Grin is aimed at becoming a medium of exchange, however, it's not going to become a medium of exchange any time soon. It needs to become a store of value first- It needs to retain it's purchasing power before anyone accepts it as tender. The creators of Grin never designed it not to become a store of value, they just designed it not to become the BEST store of value.  It seems many don't understand this.

It is simply going down because at the present time GRIN has one of the highest inflation in the market (I don't know if it is the highest); it will gradually decrease over time, until it is almost negligible after 30 years, but the objective fact remains that we have 86400 new Grins on the market every day, more than 31 million Grin every year, FOREVER.

All this in a relatively stationary / lateral market, with many "old" projects close to the release of Mainet or important partnerships, with "problems" relating to wallets to send and receive Grin ( completely different and more complicated than the previous Coins ), here is we can explain a slight and constant drop in the new currency!

Finally I believe that the "creators" of GRIN did not want the umpteenth coin to speculate and earn above, the umpteenth gold digital to be kept in the wallet without spending it, because tomorrow has a higher price (why spend today $ 1000 if tomorrow can worth $ 5,000 / 10,000?); I believe that the creators of GRIN wanted a new Coin minable, anonymous, fast, and above all with a light blockchain.

So let's say that today GRIN is not a store of value, it is not yet widespread as a means of payment and is not yet user friendly (it could become so in the future); on the other hand GRIN is today a new Coin with privacy, no address, with a new and innovative protocol (MimbleWimble and Couckoo Cycle), with a light blockchain, medium of exchange!

Wondering this question too. However,  not found an answer to it so far.

@Febo. However, a faucet might be very helpful for grin's distribution and it would be something to teach everyone how to use the command line wallet. The problem would be how to shut out people from cheating it.

Faucet is not free.



I dont believe any sane investor want to own GRIN at this point of time.

this is a pretty good article on that.

https://news.bitcoin.com/what-happens-bitcoin-miners-all-coins-mined/

Don't forget there is a thing called a BIP.

IIRC the best analysis I saw stated the range was 36XX for break even on the large farms so the market seemed to play there for quite a bit even though ot did drop down into the 32xx range a few times for culling of the herds.



What issues do you see? The text in quotation marks? That is fine and does not need to be sited as he stated it was taken from the grin docs and therefore is already cited..

What? Just a meme? No context? I guess I'll take it as you're believing I'm against Bitcoin.

I'm not saying Bitcoin is doomed, it has many years ahead of it to do upgrades and the necessary adjustments as the community sees fit.
But so can GRIN do adjustments. So I was comparing the current outlook of Bitcoin's and GRIN's reward systems.

You can't deny that there is a risk with constantly reducing the miners' payment in a 100% PoW system, can you?

Hello! Thanks for the heads up, I guess my initial post wasn't clear enough by just saying "I just read something very interesting in their Monetary Policy explanation!"
I was referring to one of GRIN's official docs, and to be precise I'm linking to the exact paragraph I quoted: https://github.com/mimblewimble/docs/wiki/Monetary-Policy#tail-emission-may-be-required-for-long-term-stability

After look at this, I chose Grin coin, that looks better than BEAM.
Personal choice, so it does not equal that BEAM actually better than Grin coin.
Maybe I chose wrongly, but it's my choice, and I believe in my favorite Grin coin.

Side by side comparison of Grin and Beam
https://www.coingecko.com/en/coins/compare?coin_ids=grin,beam