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Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 50. (Read 73829 times)

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 Smiley
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 Smiley
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
full member
Activity: 392
Merit: 105
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.

I could not sell for 100 since the withdrawal was 5 coins. And when they brought them out, I sold them for 450. Now I haven’t sold 3 for 250, but they left for 160. In the end, I'm fine =)
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
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.

Personally I'm holding and I'll even buy some as it got cheaper.
This is a top100 coin for sure, it has a fair launch without any premine and a strong community support. Even Bitcointalk is accepting GRIN for payments (https://bitcointalksearch.org/topic/grin-is-now-accepted-for-forum-payments-5098450)
full member
Activity: 826
Merit: 103
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.
legendary
Activity: 1638
Merit: 1046
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.
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
Bottom line, I'm not advocating for any specific pool (though the concentration in the top two pools isn't great.)  More just trying to point out all the moving pieces involved in earnings (and their variability.)

Neither am I. Just trying to figure this out as we move along.
Attempting to, here:

https://bitcointalksearch.org/topic/grin-cuckoo-pow-benchmarking-from-c29-to-c31-everything-you-need-to-know-5104296

full member
Activity: 1274
Merit: 105
What is the wallet file? It's a wallet.seed? What file should I backup?
member
Activity: 340
Merit: 29
I believe you.
~ 40 G/s on c29, ~ 4 G/s on c31.

But why would that matter to me, if on the 16th-17th on grinmint I mined a little over 3 Grin for 24h with my hardware, and on the next day 17th-18th with the same miners, on sparkpool - gave me a little over 5 Grin. Both on c29.

Currently mining c31 gives me a little less than 2 Grin per day on sparkpool. I haven't re-checked grinmint. Hesitating.

I also realize that grinmint seems to be the official Grin team pool. Perhaps they should reconsider pool difficulty & different c31 port. Wink

Your 4 gps on 31 shouldn't have any issues w/ mint's diff (my current level of .4 otoh, is struggling.)  Last i saw, spark had over 4x the hashpower of mint.  Meaning, you would need 4 days of mining mint to get a 1 day avg usable in a comparison to spark - and both the network and pool h/r would have to hold steady during that 4 days to make the comparison valid.  And that's not even taking into account that a 1 day average really isn't even that meaningful in the first place.

Bottom line, I'm not advocating for any specific pool (though the concentration in the top two pools isn't great.)  More just trying to point out all the moving pieces involved in earnings (and their variability.)
copper member
Activity: 53
Merit: 11
🐦
If anyone has access to talk to developers please share this with them. I think it would look more appealing in first post with an infographic. Any suggestions for improvement let me know. 🐦

hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
I believe you.
~ 40 G/s on c29, ~ 4 G/s on c31.

But why would that matter to me, if on the 16th-17th on grinmint I mined a little over 3 Grin for 24h with my hardware, and on the next day 17th-18th with the same miners, on sparkpool - gave me a little over 5 Grin. Both on c29.

Currently mining c31 gives me a little less than 2 Grin per day on sparkpool. I haven't re-checked grinmint. Hesitating.

I also realize that grinmint seems to be the official Grin team pool. Perhaps they should reconsider pool difficulty & different c31 port. Wink
member
Activity: 340
Merit: 29
I find it absurd how quickly so many people in crypto are willing to yell FRAUD!!! w/o even the least bit of effort to understand how things work.

How can not submitting shares = skimming?  The shares AREN'T SUBMITTED.

It's the node server share min diff setting - grinmint set it to 4, meaning any shares you find w/ diff < 4 won't get submitted to the pool by a properly coded miner.  This is perfectly reasonable even for a single (mid-high end) GPU on 29.  Not so great for 31 - they should be running a separate node for 31 miners IMO.

Don't find it absurd dude, this is crypto we are talking about. LOL

The explanation you provided seems reasonable.
On the other hand, why would a miner care - is another question.
A miner wants to submit as many shares as possible, regardless of difficulty level on the pool side.
So, as far as grinmint goes, fine - it might not be skimming, but it's definitely rewarding less Grin per day compared to other pools.

Depends on how high your GPS is.  If you're submitting enough shares to get at least one per pool block, it shouldn't change your earnings.  1 block at diff X should equal 2 blocks at diff x/2 earnings wise.  If you consistently miss blocks, it can be an issue - it's why i suggested the higher diff for c31 might not be the best idea.

And a miner does not necessarily want to submit as many shares as possible - reduced submissions means reduced network use (the whole point)...  Possibly important to someone w/ usage caps.
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
I find it absurd how quickly so many people in crypto are willing to yell FRAUD!!! w/o even the least bit of effort to understand how things work.

How can not submitting shares = skimming?  The shares AREN'T SUBMITTED.

It's the node server share min diff setting - grinmint set it to 4, meaning any shares you find w/ diff < 4 won't get submitted to the pool by a properly coded miner.  This is perfectly reasonable even for a single (mid-high end) GPU on 29.  Not so great for 31 - they should be running a separate node for 31 miners IMO.

Don't find it absurd dude, this is crypto we are talking about. LOL

The explanation you provided seems reasonable.
On the other hand, why would a miner care - is another question.
A miner wants to submit as many shares as possible, regardless of difficulty level on the pool side.
So, as far as grinmint goes, fine - it might not be skimming, but it's definitely rewarding less Grin per day compared to other pools.
member
Activity: 340
Merit: 29
<...>
Submitting WAY MORE shares on f2pool compared to grin-pool - It's not even funny.
<...>
That's why I stuck with F2Poop the share submitting isn't even fucking close. Not sure what's causing this.

em, pool skimming?? Shocked


I find it absurd how quickly so many people in crypto are willing to yell FRAUD!!! w/o even the least bit of effort to understand how things work.

How can not submitting shares = skimming?  The shares AREN'T SUBMITTED.

It's the node server share min diff setting - grinmint set it to 4, meaning any shares you find w/ diff < 4 won't get submitted to the pool by a properly coded miner.  This is perfectly reasonable even for a single (mid-high end) GPU on 29.  Not so great for 31 - they should be running a separate node for 31 miners IMO.
member
Activity: 340
Merit: 29
Does anyone know of any alternatives to f2pool, that have payout limits < 5 GRIN ?
Hi BobLawblaw GrinMint is 0.01

Yeah, but I heard that GrinMint is possibly evil. Not honoring payouts ?

All BS ? Safe ?

grinmint has been fine for me. been there since day one, no probs aside from their front end numbers were off here and there the 1st few days. i use email for payouts.
Grinmint wouldn't accept my shares while other pools would. Not sure the issue.

Wouldn't accept them, or your miner wouldn't submit them?  Mint's min diff is set to 4, unlike most other pools.  Means a proper miner won't submit a good amount of found shares, while a broken (improperly implemented) miner will try to submit too low value shares which should get rejected.
newbie
Activity: 301
Merit: 0
Win wallet soon?
I wouldn't expect it, I suggest you just do a simple vm of Ubuntu and run a wallet that way. Backup the VM entirely for your copy.

If i loose my VM i can restore my wallet with my seed, like other crypto right?  Roll Eyes
jr. member
Activity: 68
Merit: 2
A lot of people don't want to go through the effort of spooling up a VM for their wallet, a Windows wallet and maybe a web wallet should be looked into
full member
Activity: 373
Merit: 100
legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
jr. member
Activity: 194
Merit: 1
hi huys.. any price predictions? Smiley
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
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