[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 49.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: crairezx20 on January 31, 2019, 08:24:38 PM

What do you think what will happen to the grin coin after the distribution of obelisk miner?

This is what I see why the price of grin coin drop by half because someone already mines grin in early months where the difficulty is too low and get benefits of selling them all these days that cause the price drop.

How about after obelisk miner release? This will be a big problem if they release this miner and I am sure GPU mining will be useless with this coin.

GPU mining will eventually become useless not because of Obelisk but because of built-in gradual deprecation of the C29 algo. On the other hand, for the same reason Obelisk (or another ASIC) won't affect GPU mining much if at all. ASICs and GPUs don't really compete directly.

crairezx20

legendary

Activity: 1638

Merit: 1046

What do you think what will happen to the grin coin after the distribution of obelisk miner?

This is what I see why the price of grin coin drop by half because someone already mines grin in early months where the difficulty is too low and get benefits of selling them all these days that cause the price drop.

How about after obelisk miner release? This will be a big problem if they release this miner and I am sure GPU mining will be useless with this coin.

pbfarmer

member

Activity: 340

Merit: 29

Quote from: ?? on ??

Quote from: suchmoon on January 31, 2019, 03:09:33 PM

Quote from: Cryptotourist on January 31, 2019, 02:54:54 PM

Under $1 Grin is wishful thinking imo, it's not gonna happen.
That would mean, that everybody would stop mining it. They would have to.
And that would be declaring Grin a complete failure - in a few weeks as you mentioned.
I don't see it.

Well... not everybody, just ~75% or so to push the diff low enough to make mining profitable again.

Miners have gone a bit crazy on Grin, I'm taking my and cards off it and putting them on something else in the mean time. I am however picking up more Nvidia cards as Grin and other cuckaroo coins will be popular for a while.

What coin are you suggesting is better to mine right now (w/ reasonable exchange volume on at least mid-tier exchanges.) From what I see, this is by far the most profitable (esp on 31,) by an order of magnitude.

shewadiwadi

full member

Activity: 332

Merit: 108

Interesting coin, especially theymos supported it, it became more interesting. Promising coin, it excited me to have real "anon" coin.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

https://bitcointalksearch.org/topic/m.49523010

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Febo on January 31, 2019, 02:22:33 PM

Quote from: Beyerd17 on January 31, 2019, 04:59:03 AM

Quote from: crairezx20 on January 31, 2019, 03:47:19 AM

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

Would not surprise me if this is heading to below $1 in the next few weeks. It's just too much hassel depositing and withdrawing funds. Also inflation is rampant and that can only hurt Grin short term.

It will be sub $1 eventually but not in few weeks time. First hype is behind us. But there will be new hypes when Grin will get listed on big exchanges. Question is how long we will have to wait for that. If it will happen soon then we will get new ATH. If it will only happen after few months then we might now.

It will happen in a few years and after a nice shiny winblows GUI is available with DM adoption.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: Cryptotourist on January 31, 2019, 02:54:54 PM

Under $1 Grin is wishful thinking imo, it's not gonna happen.
That would mean, that everybody would stop mining it. They would have to.
And that would be declaring Grin a complete failure - in a few weeks as you mentioned.
I don't see it.

Well... not everybody, just ~75% or so to push the diff low enough to make mining profitable again.

Cryptotourist

hero member

Activity: 1190

Merit: 755

Homo Sapiens Bitcoinerthalensis

Under $1 Grin is wishful thinking imo, it's not gonna happen.
That would mean, that everybody would stop mining it. They would have to.
And that would be declaring Grin a complete failure - in a few weeks as you mentioned.
I don't see it.

magaura

legendary

Activity: 1029

Merit: 1000

Quote from: Febo on January 31, 2019, 02:22:33 PM

Quote from: Beyerd17 on January 31, 2019, 04:59:03 AM

Quote from: crairezx20 on January 31, 2019, 03:47:19 AM

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

Would not surprise me if this is heading to below $1 in the next few weeks. It's just too much hassel depositing and withdrawing funds. Also inflation is rampant and that can only hurt Grin short term.

It will be sub $1 eventually but not in few weeks time. First hype is behind us. But there will be new hypes when Grin will get listed on big exchanges. Question is how long we will have to wait for that. If it will happen soon then we will get new ATH. If it will only happen after few months then we might now.

totally agree

fosograf

full member

Activity: 373

Merit: 100

Quote from: Febo on January 31, 2019, 02:22:33 PM

Quote from: Beyerd17 on January 31, 2019, 04:59:03 AM

Quote from: crairezx20 on January 31, 2019, 03:47:19 AM

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

Would not surprise me if this is heading to below $1 in the next few weeks. It's just too much hassel depositing and withdrawing funds. Also inflation is rampant and that can only hurt Grin short term.

It will be sub $1 eventually but not in few weeks time. First hype is behind us. But there will be new hypes when Grin will get listed on big exchanges. Question is how long we will have to wait for that. If it will happen soon then we will get new ATH. If it will only happen after few months then we might now.

I completely agree. The main HYIP is already passed. Without Binance or any other major exchange, there will be no provocative pumps. And even after entering the largest exchange (if there is one), large multipliers are unlikely to be visible, because every day the network issues new 86k + GRIN, buying activity of which also fades away

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Beyerd17 on January 31, 2019, 04:59:03 AM

Quote from: crairezx20 on January 31, 2019, 03:47:19 AM

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

Would not surprise me if this is heading to below $1 in the next few weeks. It's just too much hassel depositing and withdrawing funds. Also inflation is rampant and that can only hurt Grin short term.

It will be sub $1 eventually but not in few weeks time. First hype is behind us. But there will be new hypes when Grin will get listed on big exchanges. Question is how long we will have to wait for that. If it will happen soon then we will get new ATH. If it will only happen after few months then we might now.

Cryptotourist

hero member

Activity: 1190

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: Privcy Foundation on January 31, 2019, 01:51:59 PM

Quote from: Ano on January 31, 2019, 01:48:48 PM

I bought 100 coins just for fun almost 3 days ago and it making me angry to see how quickly it make me lose 50% in short time of period. Who are dumping their coins without any bad news so what is going on behind the scene?

Sorry to be blunt, but you are idiotic for thinking the price would keep rising this early on. right no grin has hyperinflation and the price will continue to drop over the next few years. Sell now if you want to cut your losses.

Anyway, that's one option.
The other option is to hold, until the price bounces back.
The third option is to buy more Grin to cover some of your losses.

If you sell now, that's definitely only a loss. With the other two options you have a fighting chance.
Dig deep before you buy.
Also, Grin Observer.

#

Quote from: Hueristic on January 31, 2019, 02:15:39 PM

https://bitcointalksearch.org/topic/m.49521552

They are kids playing around. Parents are out. Grin

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

https://bitcointalksearch.org/topic/m.49521552

Privcy Foundation

jr. member

Activity: 82

Merit: 2

Quote from: Ano on January 31, 2019, 01:48:48 PM

I bought 100 coins just for fun almost 3 days ago and it making me angry to see how quickly it make me lose 50% in short time of period. Who are dumping their coins without any bad news so what is going on behind the scene?

Sorry to be blunt, but you are idiotic for thinking the price would keep rising this early on. right no grin has hyperinflation and the price will continue to drop over the next few years. Sell now if you want to cut your losses.

Ano

sr. member

Activity: 1148

Merit: 253

I bought 100 coins just for fun almost 3 days ago and it making me angry to see how quickly it make me lose 50% in short time of period. Who are dumping their coins without any bad news so what is going on behind the scene?

Cryptotourist

hero member

Activity: 1190

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: sandinthebones on January 31, 2019, 09:08:56 AM

What difference, with 16gbgpu/asics or without? It will same 60 coins per minute.

I don't think you can compare them to ASIC's when they come out.
Your 16bg GPU will not stand a chance against an ASIC, at least at X20 performance factor, and only X2 or bit more cost wise.
That is, if it performs like two 2080ti's.
Also you have to consider the reward scheme swing from c29 to c31.

#

Quote from: tulpenbollenverkoper on January 31, 2019, 12:40:19 PM

Terrible shitcoin with huge inflation. This isn´t going anywhere, watch as the value of your investment evaporates. We need an alternative. No wonder people are now shamelessly forking it (see: Grimble).

OK, thanks. The logo is definitely re-assuring. Kids. Roll Eyes

#

Quote from: ?? on ??

It's weird how wrong one person could be and have quickly they take their stance.

Elementary, dear Watson!

fosograf

full member

Activity: 373

Merit: 100

Quote from: sandinthebones on January 31, 2019, 09:08:56 AM

What difference, with 16gbgpu/asics or without? It will same 60 coins per minute.

The difference is that when the AMD and OBELISK plants sell this shit to miners GRIN - they will stop supporting the price of GRIN and finally stop the HYIP

Quote from: ?? on ??

Quote from: fosograf on January 31, 2019, 06:32:25 AM

Stamping DOGE - 10k coins per 60 seconds.
Stamping GRIN - 60 coins per 60 sec.
X166+ emission difference
The price tag DOGE ~ @60sat, stabilized over the years, it is almost everywhere and this is the main transit coin for small transactions. Consequently, 60x166 = 0.0001 BTC = red price in long-term resolution

Especially after AMD has sold an over 16gb of useless hardwares a lot and obelisks will sell to a couple wagons of ASICs. Immediately stop massive purchases on the exchanges

And yes .. soon Nicehash will add GRIN. Which compares the average HASH profit on GRIN to Etherhash and x16r very quickly .. draw your own conclusions. guys Wink

are you fucking retarded, doge is a shit memecoin, no one takes it seriously. YOU ARE FUCKING RETARDED.

Mother's investor, when the price of the green falls below $1, do not cry in all chats about how you lost your money, ok? And stfu plz Cheesy

tulpenbollenverkoper

newbie

Activity: 2

Merit: 0

Terrible shitcoin with huge inflation. This isn´t going anywhere, watch as the value of your investment evaporates. We need an alternative. No wonder people are now shamelessly forking it (see: Grimble).

sandinthebones

sr. member

Activity: 536

Merit: 321

Quote from: fosograf on January 31, 2019, 06:32:25 AM

Stamping DOGE - 10k coins per 60 seconds.
Stamping GRIN - 60 coins per 60 sec.
X166+ emission difference
The price tag DOGE ~ @60sat, stabilized over the years, it is almost everywhere and this is the main transit coin for small transactions. Consequently, 60x166 = 0.0001 BTC = red price in long-term resolution

Especially after AMD has sold an over 16gb of useless hardwares a lot and obelisks will sell to a couple wagons of ASICs. Immediately stop massive purchases on the exchanges

And yes .. soon Nicehash will add GRIN. Which compares the average HASH profit on GRIN to Etherhash and x16r very quickly .. draw your own conclusions. guys Wink

What difference, with 16gbgpu/asics or without? It will same 60 coins per minute.

fosograf

full member

Activity: 373

Merit: 100

Stamping DOGE - 10k coins per 60 seconds.
Stamping GRIN - 60 coins per 60 sec.
X166+ emission difference
The price tag DOGE ~ @60sat, stabilized over the years, it is almost everywhere and this is the main transit coin for small transactions. Consequently, 60x166 = 0.0001 BTC = red price in long-term resolution

Especially after AMD has sold an over 16gb of useless hardwares a lot and obelisks will sell to a couple wagons of ASICs. Immediately stop massive purchases on the exchanges

And yes .. soon Nicehash will add GRIN. Which compares the average HASH profit on GRIN to Etherhash and x16r very quickly .. draw your own conclusions. guys Wink

Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 49. (Read 73804 times)