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Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 36. (Read 73789 times)

hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
tl:dr




come on GRIN do something funny :-D weee
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Anyone still mining this GRIN shit ?

Boring AF I tell you !

I have regerts.

HODLing.

yup. reason: too lazy to turn the rig off because that rig also runs my BCU1525 and acorn FPGAs. that way i can mine at a loss with two technologies: gpus and fpgas. you know, to lose money with twice the efficiency.

for grin i hold half, sell half. my standard strategy for possibly semi useful coins. for the BCU and acorns, which mine shitcoins, i sell everything.

newbie
Activity: 10
Merit: 1
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

Thats completely normal for new coins regardless of inflation. Inflation is currently at 80% and that number will shrink at a significant rate forever. It really isn't that different from bitcoin, certainly not for the first 4 years. The inflation rate is miniscule compared to the typical gains during a bull run of 10,000% over a few months! I can't see how this monetary policy will stop massive price spikes. Therefore I can't see why this coin could be considered "price stable" either, unless i'm missing something.
newbie
Activity: 10
Merit: 1
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

https://github.com/mimblewimble/docs/wiki/Monetary-Policy

https://docs.google.com/spreadsheets/d/1RO3zc5AvfN9rcVnrYnLjqCikFLHmD39_7MCV18lDrvc/edit#gid=0
The above spreadsheet looks out of date now.
The following spreadsheet should be more accurate.  Reward/block should be 60, not 50.

https://docs.google.com/spreadsheets/d/1hGyC8tSivtZqjlu8aQgjG0pKfKc0L0RO0leMfjPADp0/edit#gid=0

Why does it start from March 2018? Is that when the testnet launched? And it just became the mainnet afterwards?
copper member
Activity: 138
Merit: 2
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

https://github.com/mimblewimble/docs/wiki/Monetary-Policy

https://docs.google.com/spreadsheets/d/1RO3zc5AvfN9rcVnrYnLjqCikFLHmD39_7MCV18lDrvc/edit#gid=0
The above spreadsheet looks out of date now.
The following spreadsheet should be more accurate.  Reward/block should be 60, not 50.

https://docs.google.com/spreadsheets/d/1hGyC8tSivtZqjlu8aQgjG0pKfKc0L0RO0leMfjPADp0/edit#gid=0
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

huge whalezz behind thiz corn Smiley weeee



member
Activity: 274
Merit: 26
You known what are issues with your post, @RivAngE?
I don't check, but base on what you posted, I guess that you get details from somewhere else, that you should post sources of those details.
Why you have to do this?
Because it will help you don't violate forum rules on plagiarism.
Please edit your post with source/ link if you don't want to see death penalty drops on you later.

Best regards,
I just read something very interesting in their Monetary Policy explanation!

"Currencies with set supply are extremely experimental. Miners likely need incentives to secure the chain beyond only fees. Note: currency deflation is historically not a good thing."

I had never asked the question before: What happens when if in a few years the mining rewards fall bellow a level which can support all the produced ASIC miners?
I guess many people might think that the Bitcoin's price will magically go higher in order to keep the mining profitable, just like many though the price couldn't go bellow 5000$ (or was it 4500$?) because mining would become unprofitable.
What will happen in about 1.5 years when the next halving takes place if Bitcoin's price is still around 4000$? Most likely half of the mining hardware will shut down. In that moment, there'll be enough dormant hardware to 51% attack Bitcoin itself. Scary stuff.

On that regard, GRIN is more balanced and future-proof safe.
Bitcoin's limited supply sounds good to investors, but there are some serious implications in the long term.
Ano
sr. member
Activity: 1148
Merit: 253
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

the coin have high inflation.. maybe mine some kepler coin, but it's hard to mine now.



Higher inflation could be the reason why investors are afraid to keep hold for long term and on other side miners are providing opportunity to buy this coin on cheap price. But it is not wise decision to invest in any coin without making any research about the future of any coin I think Grin will survive in long term.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

https://github.com/mimblewimble/docs/wiki/Monetary-Policy

https://docs.google.com/spreadsheets/d/1RO3zc5AvfN9rcVnrYnLjqCikFLHmD39_7MCV18lDrvc/edit#gid=0

I just read something very interesting in their Monetary Policy explanation!

"Currencies with set supply are extremely experimental. Miners likely need incentives to secure the chain beyond only fees. Note: currency deflation is historically not a good thing."

I had never asked the question before: What happens when if in a few years the mining rewards fall bellow a level which can support all the produced ASIC miners?
I guess many people might think that the Bitcoin's price will magically go higher in order to keep the mining profitable, just like many though the price couldn't go bellow 5000$ (or was it 4500$?) because mining would become unprofitable.
What will happen in about 1.5 years when the next halving takes place if Bitcoin's price is still around 4000$? Most likely half of the mining hardware will shut down. In that moment, there'll be enough dormant hardware to 51% attack Bitcoin itself. Scary stuff.

On that regard, GRIN is more balanced and future-proof safe.
Bitcoin's limited supply sounds good to investors, but there are some serious implications in the long term.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

Well maybe you should have done some research before buying some and then buying some more and then buying even more. Grins price is doing exactly what it was forecasted to do so why are you surprised?
hero member
Activity: 952
Merit: 501
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

the coin have high inflation.. maybe mine some kepler coin, but it's hard to mine now.

member
Activity: 340
Merit: 29
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry

https://github.com/mimblewimble/docs/wiki/Monetary-Policy

https://docs.google.com/spreadsheets/d/1RO3zc5AvfN9rcVnrYnLjqCikFLHmD39_7MCV18lDrvc/edit#gid=0
jr. member
Activity: 135
Merit: 6
What is going on with grin coin? I read some of the comments on here and they don't seem too bad, and the general cryptocurrency market is not doing bad right now but the grin coin price is down like 70% since it started trading on Poloniex.  Are they diluting, company selling coins on the market, or no buying interest? I bought some, bought more then bought more and all I did was lose Cry
copper member
Activity: 2296
Merit: 4460
Join the world-leading crypto sportsbook NOW!
Anyone still mining this GRIN shit ?

Boring AF I tell you !

I have regerts.

HODLing.

My electricity is too expensive.  I have a set of solar panels that are not hooked up yet, so I'm going to hold off on Grin until that's settled.  I can still earn a little bit while mining ETH, so that's where my rig is pointing now. 
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
Anyone still mining this GRIN shit ?

Boring AF I tell you !

I have regerts.

HODLing.

sell farm ~ buys GRIN @ 68000 Wink choo choo//^
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
I want to earn some Grin. Aside from mining it, is there any other way to earn it? And does Grin run their bounty campaign here in bitcointalk?

No one got any free Grin so I doubt anyone will give any of those they bought or earned to you for free.

GRIN faucet? :\ when?
full member
Activity: 440
Merit: 100
Roobet
No one got any free Grin so I doubt anyone will give any of those they bought or earned to you for free.
It will turn to be so hilarious if someone can easily get Grin Coin, that is so hot within last months.
From its birthday, till months later, Grin Coin has maintained its hot level so well.
It looks like that every crypto investor want to own it at different desired amount.
legendary
Activity: 2730
Merit: 1288
I want to earn some Grin. Aside from mining it, is there any other way to earn it? And does Grin run their bounty campaign here in bitcointalk?

No one got any free Grin so I doubt anyone will give any of those they bought or earned to you for free.
hero member
Activity: 2366
Merit: 838
You can try trading your Grincoin from mining, and try get profits from your trading orders.
Then use those trading profits to buy more Grin coin than your capital Grin coins use to trade.
I want to earn some Grin. Aside from mining it, is there any other way to earn it?
Not yet, if I have not missed something from Grin coin.
Quote
And does Grin run their bounty campaign here in bitcointalk?
sr. member
Activity: 1638
Merit: 364
https://shuffle.com?r=nba
I want to earn some Grin. Aside from mining it, is there any other way to earn it? And does Grin run their bounty campaign here in bitcointalk?
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