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Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 39. (Read 73804 times)

full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Have you noticed any difference while mining either the 29 or the 31 variant and having ETHlargement Pill on?
For 29 I haven't noticed any difference with my 1080ti under Windows 10. For the 31 I haven't managed to try it since I don't know how to run the Pill in Linux.

On their GitHub (https://github.com/admin-ipfs/OhGodAnETHlargementPill) the readme ("prescription" lol) is asking us to unzip the .gz file, but I don't see any .gz file.
There's a "OhGodAnETHlargementPill-r2" without any extension but I don't know how to run it in Linux.
I could keep trying and eventually figure it out, but I was hoping that someone might have tried it and could tell me if there's any change or how to run the ETHpill.
newbie
Activity: 10
Merit: 1
member
Activity: 340
Merit: 29
Profitable really?
I can even not mine the coin with my graphic cards 4 GB in mem.
Quote
GRIN is a lot more profitable to mine than other GPU coins.

It's memory hard. Tried mining as a test on an older desktop festuring Intel I3 and two cores.
The mess looked like that: 20 minutes runtime and not a single share. CPU half idle.
Would installing more memory make any sense for this desktop? Don't know what else to do with that board, besides the garbage can.
GRIN seems to be unsuited for CPU mining.

If GRIN constitutes as just the last try to rescue unprofitable, outdated GPU mining rigs ... GRIN would be doomed. There is no future for GPU miners. Ethereum has been their last option.

Code:
top - 08:50:39 up  1:21,  4 users,  load average: 4.77, 4.62, 4.33
Tasks: 164 total,   1 running, 163 sleeping,   0 stopped,   0 zombie
%Cpu(s):  9.8 us,  0.2 sy,  0.0 ni, 32.9 id, 57.0 wa,  0.0 hi,  0.1 si,  0.0 st
KiB Mem :  3928404 total,   155408 free,  3717756 used,    55240 buff/cache
KiB Swap:  4194288 total,  3803648 free,   390640 used.     6940 avail Mem

  PID USER      PR  NI    VIRT    RES    SHR S  %CPU %MEM     TIME+ COMMAND                                           
 2218 miner     20   0 4357708 3.403g   5244 S  44.5 90.8  21:31.09 grin-miner                                         
  287 root      20   0       0      0      0 S   1.3  0.0   0:31.72 usb-storage                                       
   11 root      20   0       0      0      0 S   0.3  0.0   0:02.02 ksoftirqd/1

Maybe not necessarily 'mem hard' - at least not in the sense of how taxing it is on memory (compared to some other algos.) But certainly requires a large memory footprint, I believe 6.5GB is minimum, unless you go w/ the 'lean' option (never tested personally.)  This def is not suitable for CPUs.  It's not even the last great hope for GPUs med-long term (at least anything less than 12GB), as it's designed to completely transition over to the c31 branch w/in 2 years - generally considered the domain of ASICs.  Short term, GPUs might get some value (esp team green) but for team red you are basically correct - ETH is the best option, at least until the upcoming XMR fork kicks off the bots/asics/whatever again.
legendary
Activity: 3010
Merit: 1460
A shitcoin? He's got lots of bags.
Shit coin does not have chances to add into the payment methods of the forum by theymos.

There is something more behind this than a cryptocoin trying to copy bitcoin's cypherpunk roots. There might be whales and cryptocoin companies supporting the project.

However, do also listen to theymos' prediction of Grin to be as low as $0.50.
hero member
Activity: 2366
Merit: 838
If GRIN constitutes as just the last try to rescue unprofitable, outdated GPU mining rigs ... GRIN would be doomed. There is no future for GPU miners. Ethereum has been their last option.
Grin coin is one of the hottest altcoins in the last three months since December of 2018.
As your evidence shown, it is not a good choice for miners, especially miners who own outdate rigs.
I have rigs, but can not mine it, and I thought it's more realistic to buy and trade Grin coin on exchanges, rather than wasting electricity to mine it (at least with my outdate mining rigs)
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
Profitable really?
I can even not mine the coin with my graphic cards 4 GB in mem.
Quote
GRIN is a lot more profitable to mine than other GPU coins.

It's memory hard. Tried mining as a test on an older desktop festuring Intel I3 and two cores.
The mess looked like that: 20 minutes runtime and not a single share. CPU half idle.
Would installing more memory make any sense for this desktop? Don't know what else to do with that board, besides the garbage can.
GRIN seems to be unsuited for CPU mining.

If GRIN constitutes as just the last try to rescue unprofitable, outdated GPU mining rigs ... GRIN would be doomed. There is no future for GPU miners. Ethereum has been their last option.

Code:
top - 08:50:39 up  1:21,  4 users,  load average: 4.77, 4.62, 4.33
Tasks: 164 total,   1 running, 163 sleeping,   0 stopped,   0 zombie
%Cpu(s):  9.8 us,  0.2 sy,  0.0 ni, 32.9 id, 57.0 wa,  0.0 hi,  0.1 si,  0.0 st
KiB Mem :  3928404 total,   155408 free,  3717756 used,    55240 buff/cache
KiB Swap:  4194288 total,  3803648 free,   390640 used.     6940 avail Mem

  PID USER      PR  NI    VIRT    RES    SHR S  %CPU %MEM     TIME+ COMMAND                                           
 2218 miner     20   0 4357708 3.403g   5244 S  44.5 90.8  21:31.09 grin-miner                                         
  287 root      20   0       0      0      0 S   1.3  0.0   0:31.72 usb-storage                                       
   11 root      20   0       0      0      0 S   0.3  0.0   0:02.02 ksoftirqd/1
hero member
Activity: 1150
Merit: 502
Thought this coin had vaporized itself before the book of revelation was composed and sold to the adherents of Archimedes-inspired Antichrist movement in the lands of apocalyptic desert populated by crow feet tribe, the last of tribes confirmed to be scions of primitive construction builders, involved in the rebellion against Antichrist in the beginning of third millennium BC
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
lmao i see this garbage is still going.

What is your major malfunction ?

He has a shitcoin and is butt hurt.

A shitcoin? He's got lots of bags.




Very true, he's involved in tons of scam coins. I only remember one he was a dev of thou, I really don't keep up on all those shit clones unless someone PM's me to check it for a scam, he could be dev of a few for all I know.

He's been on my ignore for years so basically all I see is when someone quotes him.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
A shitcoin? He's got lots of bags.
Shit coin does not have chances to add into the payment methods of the forum by theymos.
There is no chance for shit coins.
Even good altcoins, like Ethereum, DASH, Monero don't have chance to be used as forum payment for Copper Membership.
Only shitty Grin coin has such unbelievable chance
In other words, Grin coin is abnormal shit altcoin.
^^
legendary
Activity: 1806
Merit: 1828
lmao i see this garbage is still going.

What is your major malfunction ?

He has a shitcoin and is butt hurt.

A shitcoin? He's got lots of bags.


legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
If all miners were running 1 gpu each, nobody would give a fuck about the mining costs probably but that's not how it is.

Ye well... that's what I remember mining be like, a hobby for enthusiasts, not a game of greedy people where each one tries to outmatch the other.
We've end up with a system that's cannibalising itself.

When cryptocoins were supposed to empower the people equally, the mining business has ended up making rich people richer again. A lot of money have gone/are going out of the ecosystem and into (1) GPU manufacturers and re-sellers, (2) electricity providers and the most evil of all, (3) ASIC manufacturers who overcharge their products, many of which never reaching ROI for holders.

I was kinda happy with the bear market because all the greedy people got punished, maybe with the next bull market people will have learnt their lesson and won't rush to waste money in anything other than buying their favourite coin. Unfortunately, if GRIN's difficulty to go higher in price is an indicator, it seems we still have GPU farms mining for the sake of paying their electricity.
I guess this bear market has still some way to go!

Bolded, You give them far too much credit. Smiley

lmao i see this garbage is still going.

What is your major malfunction ?

He has a shitcoin and is butt hurt.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
lmao i see this garbage is still going.
nice chart btw  Cheesy Roll Eyes
keep being rekt on vapors.
newbie
Activity: 5
Merit: 0
Did i say all miners are hodlers?  No, i said you're assuming all miners are dumpers. 
hero member
Activity: 2366
Merit: 838
For any coins, miners are not holders, I believe.
Most of them, more exactly, are not holders.
Why I thought like this?
Because miners have to get their money back to pay for electricity bills.
They probably sell all their coins to cash out, take profits, pay bills; or simply sell parts of their coins.
No one knows, but we absolutely know that miners have to sell their coins when they need money.
Of course, miners need money for sure.
If all miners hold what they mine, then who has been generating that $14million trading volume in the last 24 hours? Nope, not buying it.
They dumped from time to time, at highs when they feel that is right time to take profits, or even at lows when they need money.
Quote
Miners are dumping them.
I can not disagree with you, fella.
Quote
That's the general rule of mining anyway.
Profitable really?
I can even not mine the coin with my graphic cards 4 GB in mem.
Quote
GRIN is a lot more profitable to mine than other GPU coins.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
If all miners were running 1 gpu each, nobody would give a fuck about the mining costs probably but that's not how it is.

Ye well... that's what I remember mining be like, a hobby for enthusiasts, not a game of greedy people where each one tries to outmatch the other.
We've end up with a system that's cannibalising itself.

When cryptocoins were supposed to empower the people equally, the mining business has ended up making rich people richer again. A lot of money have gone/are going out of the ecosystem and into (1) GPU manufacturers and re-sellers, (2) electricity providers and the most evil of all, (3) ASIC manufacturers who overcharge their products, many of which never reaching ROI for holders.

I was kinda happy with the bear market because all the greedy people got punished, maybe with the next bull market people will have learnt their lesson and won't rush to waste money in anything other than buying their favourite coin. Unfortunately, if GRIN's difficulty to go higher in price is an indicator, it seems we still have GPU farms mining for the sake of paying their electricity.
I guess this bear market has still some way to go!
legendary
Activity: 3276
Merit: 2442
Your theory also makes the assumption that no miners are hodlers on the coin.  In my circles, most miners on new coins like Grin are speculative miners that are in for the long hodl, not mining just to sell immediately.

If all miners hold what they mine, then who has been generating that $14million trading volume in the last 24 hours? Nope, not buying it.

Miners are dumping them.

That's the general rule of mining anyway.

GRIN is a lot more profitable to mine than other GPU coins. Because of that, miners are dumping their coins for FIAT. It would be dumb if they didn't. That's how mining works. Miners are in for FIAT profits. (at least most of them) Big operations have high electricity and maintenance costs, even if they wanted to hodl GRIN, at some point they HAVE TO sell some. It is not a matter of want or not want, they have no other choice.

If all miners were running 1 gpu each, nobody would give a fuck about the mining costs probably but that's not how it is.
newbie
Activity: 5
Merit: 0
Your theory also makes the assumption that no miners are hodlers on the coin.  In my circles, most miners on new coins like Grin are speculative miners that are in for the long hodl, not mining just to sell immediately.
legendary
Activity: 990
Merit: 1108
By the way, GRIN requires 328,320$ every day to hold this price.

That's too much for a small market cap coin. 1/20 of bitcoin's daily FIAT meal.

If you make the same calculation for LTC, it is 14400coins x $44 = $633k / daily need to keep the LTC price stable.

LTC is the 5th biggest coin.

GRIN is 199th.

Doesn't look good.

Imma buyer at $0.5.


This argument strikes me as rather bogus.

LTC has way higher marketcap because it has had 2701 days of issuance, where Grin had only 44 days.

That in no way explains why Litecoin's daily issuance should be higher than Grin's.

Rather, it begs the question of why Litecoin deserves such a high daily issuance.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
That's too much for a small market cap coin. 1/20 of bitcoin's daily FIAT meal.

If you make the same calculation for LTC, it is 14400coins x $44 = $633k / daily need to keep the LTC price stable.

LTC is the 5th biggest coin.

GRIN is 199th.

Doesn't look good.

Imma buyer at $0.5.

Nice comparision.
Theymos, months ago, in December of 2018, stated that he believed Grincoin price might decrease over time since its start.
The FOMO-period likely gone away, let's see how deeply the Grin coin will fall.
legendary
Activity: 3276
Merit: 2442
By the way, GRIN requires 328,320$ every day to hold this price.

That's too much for a small market cap coin. 1/20 of bitcoin's daily FIAT meal.

If you make the same calculation for LTC, it is 14400coins x $44 = $633k / daily need to keep the LTC price stable.

LTC is the 5th biggest coin.

GRIN is 199th.

Doesn't look good.

Imma buyer at $0.5.
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