[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 52.

Cryptotourist

hero member

Activity: 1190

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Homo Sapiens Bitcoinerthalensis

Quote from: big_daddy on January 29, 2019, 10:12:25 AM

and the best scenario:
you get the ASICs and Grin change the algo Grin

puff!

That's not an option.
Cuckaroo (AKA c29) is for GPU mining. It's algorithm will change every 6 months, to make sure it stays so.
Cuckatoo (AKA c31) is for ASICs. It was made to support them.

#

Quote from: ?? on ??

https://grin-pool.org is utter shit for me.

Submitting WAY MORE shares on f2pool compared to grin-pool - It's not even funny.

Will wait for the next payout @ 3 GRIN on f2pool and probably quit this shit for good.

Fucking altcoins.

* BobLawblaw grumbles in Theymos' general direction... again... Wink

Good to know. So that narrows it down to f2pool & sparkpool.
I wouldn't quit all together Bob. Just leave it to mine for a couple of months. You know you won't regret it. Wink

#

Quote from: ?? on ??

<...>
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

#

Quote from: ocminer on January 29, 2019, 09:58:13 AM

Expect at least three other ASIC's already out and mining when they release theirs (with half the hash they promised and double the power usage) Wink

Be a player, tell more. Especially about the half hash/double power thingy. Grin

#

Quote from: suchmoon on January 29, 2019, 09:31:18 AM

Obelisk are either extremely incompetent or outright scammers. They haven't delivered hardware they sold a year ago and they're taking pre-orders for October? Hard pass.

Wasn't getting one anyways Cool

big_daddy

hero member

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xUSD - The PRIVATE stable coin - Haven Protocol

Quote from: ocminer on January 29, 2019, 09:58:13 AM

Quote from: suchmoon on January 29, 2019, 09:31:18 AM

Quote from: Cryptotourist on January 29, 2019, 02:45:34 AM

Knew about the ASIC, but hadn't seen an estimated speed.

Obelisk are either extremely incompetent or outright scammers. They haven't delivered hardware they sold a year ago and they're taking pre-orders for October? Hard pass.

Expect at least three other ASIC's already out and mining when they release theirs (with half the hash they promised and double the power usage) Wink

and the best scenario:
you get the ASICs and Grin change the algo Grin

puff!

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: suchmoon on January 29, 2019, 09:31:18 AM

Quote from: Cryptotourist on January 29, 2019, 02:45:34 AM

Knew about the ASIC, but hadn't seen an estimated speed.

Obelisk are either extremely incompetent or outright scammers. They haven't delivered hardware they sold a year ago and they're taking pre-orders for October? Hard pass.

Expect at least three other ASIC's already out and mining when they release theirs (with half the hash they promised and double the power usage) Wink

kostepanych2

full member

Activity: 1274

Merit: 105

Hi,
Does grinmint supports 31 algo?
Please suggest a pool for 31 algorithm with not big minimum payout...

suchmoon

legendary

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https://bpip.org

Quote from: Cryptotourist on January 29, 2019, 02:45:34 AM

Knew about the ASIC, but hadn't seen an estimated speed.

Obelisk are either extremely incompetent or outright scammers. They haven't delivered hardware they sold a year ago and they're taking pre-orders for October? Hard pass.

Last of the V8s

legendary

Activity: 1652

Merit: 4392

Be a bank

https://bisq.community/t/we-need-to-remove-grin/7013
sad face
early days, too complex, everyone's stupid or a scammer

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

Quote from: magisterr on January 29, 2019, 04:32:20 AM

Quote from: RivAngE on January 29, 2019, 03:47:27 AM

It's good to see GRIN is taking a similar path to Ravencoin but (1) with a more interesting goal, (2) a better name, and (3) a good plan to integrate ASICs without making them enemies or allowing them to centralise the network.

For a price prediction, I'd look at Ravencoin's price and expect a similar movement but with a better long-term outlook.

You cant compare price I think. Because Ravencoin have max supply coins and Grin dont have. Crin is interesting for sure... but unlimited coin a little scares...

But Ravencoin won't hit the max supply for over 20 years... to be honest I'm bored to calculate it exactly with the halvings that will occur.
I calculated the today's monthly inflation of Ravencoin and Grin,

Grincoin adds 2.201% more coins every month and it's about 13 days old.
Ravencoin adds 0.0776% more coins every month and it's 13 months old.

In 1 year the stats will look like that,

With 32,713,560 GRIN in circulation, there will be a 0.0792% monthly emission, that will be very similar to Ravencoin's 1 year.
With 5,411,920,000 RVN in circulation, there will be a 0.0399% monthly emission.

But what I'm most interested to compare is the emission after RVN halves the rewards.

These will be the emission rates 4 years after the genesis block of both coins (January 2023 for GRIN and January 2022 for Ravencoin). Both chains will be at block 2,100,000 after 4 years.

GRIN will have 126m coins and the steady block reward will be equal to 0.0206% monthly inflation at that time.
RVN will have 10.5b coins but the block reward will be halved to 2500 thereafter. This means 0.0103% monthly inflation (after the halving).

It seems to me that for the first 4 years both coins have a very similar inflation pattern. By the end of 4 years both coins will be at a very low 0.02% / month.
However, after that Ravencoin will start halving (every 4 years) and the inflation rates of the two coins will start diverging until after maaaaany years RVN won't be able to halve any more.
The question is, how important will this 0.01% difference be when it takes place in 4 years? How will all the other factors weight in (recognition and acceptance, usability, technical advancements, investors' liking)?

tyz

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Quote from: magisterr on January 29, 2019, 02:04:19 AM

Quote from: kronos123 on January 28, 2019, 06:33:13 AM

It does not take much to do a little research
however 60 grin per minute, 86.400 per day, 31.536.000 per year, forever

here everything you want to know
https://github.com/mimblewimble/grin

Oh... this look like overvalued price right now. With 30 mln coins per year and 10 usd price - this is 300 mln marketcap per year... Seems better to wait a little and buy later

Grin supply and inflation over the years*
https://docs.google.com/spreadsheets/d/1hGyC8tSivtZqjlu8aQgjG0pKfKc0L0RO0leMfjPADp0/edit#gid=0

*This sheet was not created by me. Therefore, no responsibility is taken for the correctness.

Cryptotourist

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Activity: 1190

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Homo Sapiens Bitcoinerthalensis

Quote from: crairezx20 on January 29, 2019, 05:13:13 AM

Do you know what is the reason why my RIG hang when mining with GoldMiner but if I use the Bminer it stable but the hashrate drop after a few hours.

Sounds you have your OC settings high/wrong.
That, or high GPU temperature.
Use stock settings (NVDIA Memory=0), pump the Core just a little, and make sure your GPU fans are working.

crairezx20

legendary

Activity: 1638

Merit: 1046

Let me ask why my rig keeps hang every time I run the goldminer for 30 minutes after that I can't connect to the remote rig or it hangs but it still mining on the pool according to pool dashboard.

Do you know what is the reason why my RIG hang when mining with GoldMiner but if I use the Bminer it stable but the hashrate drop after a few hours.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: RivAngE on January 29, 2019, 03:47:27 AM

It's good to see GRIN is taking a similar path to Ravencoin but (1) with a more interesting goal, (2) a better name, and (3) a good plan to integrate ASICs without making them enemies or allowing them to centralise the network.

For a price prediction, I'd look at Ravencoin's price and expect a similar movement but with a better long-term outlook.

You cant compare price I think. Because Ravencoin have max supply coins and Grin dont have. Crin is interesting for sure... but unlimited coin a little scares...

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

It's good to see GRIN is taking a similar path to Ravencoin but (1) with a more interesting goal, (2) a better name, and (3) a good plan to integrate ASICs without making them enemies or allowing them to centralise the network.

For a price prediction, I'd look at Ravencoin's price and expect a similar movement but with a better long-term outlook.

Cryptotourist

hero member

Activity: 1190

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: Last of the V8s on January 28, 2019, 02:03:52 PM

https://www.youtube.com/watch?v=wftY1qZl-Fw
GrinCon live

Actually fell asleep with this one Roll Eyes

Did catch one or two things though:

#

#
Knew about the ASIC, but hadn't seen an estimated speed.

#

Retaliator

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Over 1m coins in just two weeks. Shocked

magisterr

sr. member

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Merit: 259

Quote from: kronos123 on January 28, 2019, 06:33:13 AM

Quote from: busminer on January 27, 2019, 04:30:30 PM

Please RT , hope we hit 20$ tomorrow 🤞
https://twitter.com/AlexKosa1/status/1089532123613155329

I believe that everyone, especially if he is an elderly user, should reason a little before posting these predictions and hopes that can influence and condition many inexperienced young users; after a climb from $ 2 to $ 15 in 3 days you can not hope that it always goes up!
I really think that many will get hurt if they follow this false initial hype and fake gurus.

Quote from: magisterr on January 28, 2019, 03:41:04 AM

Quote from: tyz on January 28, 2019, 03:27:23 AM

Quote from: magisterr on January 28, 2019, 02:18:33 AM

Can anyone explaine me what is the technology "Mimblewimble"? As I know Beam coin using the same technology too...This is new private technology? Huh

I think the article "Mimblewimble explained like you’re 12" helps

https://medium.com/beam-mw/mimblewimble-explained-like-youre-12-d779a5bb483d

Thank you. As I see total supply ~1 mln coins right now on CMC. But how many will be max supply?

It does not take much to do a little research
however 60 grin per minute, 86.400 per day, 31.536.000 per year, forever

here everything you want to know
https://github.com/mimblewimble/grin

Oh... this look like overvalued price right now. With 30 mln coins per year and 10 usd price - this is 300 mln marketcap per year... Seems better to wait a little and buy later

forexhercules

jr. member

Activity: 214

Merit: 2

which miner do you use to mine this on 6gbs cards(980 ti)

cestmoi

full member

Activity: 196

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W̔̆̌̏͂͑ͦͧ

Hey,
I did a French translation here : [GRIN] - Algorithme MimbleWimble

Maybe you can add it to the OP ?

Alex-007

member

Activity: 431

Merit: 10

Quote from: vapourminer on January 28, 2019, 03:56:09 PM

Quote from: Alex-007 on January 28, 2019, 03:04:52 PM

Quote from: Alex-007 on January 28, 2019, 01:48:00 AM

ATTENTION !!! POOL https://grinmint.com DOES NOT PAY A COIN. NO PAYMENTS ABOUT. TO MAIL DO NOT SEND TIXD ..COINS MISSING FROM POOL WITHOUT CONFIRMATION
BE CAREFUL, DO NOT MINE THERE

STILL NO COINS ON EXCHANGE !!!

dunno what youre doing wrong. today i did an email payout to my wallet no problem. and when i 1st started mining there and did the email payout wrong (by not uploading the .response file in time) the coins went back to my grinmint pool account after an hour or so. then i just resent them.

are you sending to your own wallet or sending to an exchange.

Before mine, I wrote a letter in support. They told me where to get the https address, I did it, sent a screen, they confirmed that everything is correct.
After the coins came true, I waited 1 day and clicked on the withdrawal, but the coins disappeared from the balance, but the transaction did not appear.
I wrote in support and asked to send me the transaction number. They told me that the coins had been sent, although neither the coins nor the transaction number was on the pool.
Only after I had set up a post here, after 10 minutes I had a transaction in the pool or at least a number. But this does not mean anything, since the coins did not reach the exchange.
I have only one conclusion - they steal !!

shield132

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Activity: 2352

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Metawin.com - Truly the best casino ever

Quote from: VINSIN on January 28, 2019, 01:47:16 PM

Quote from: addicto on January 28, 2019, 01:45:18 PM

Quote from: VINSIN on January 28, 2019, 12:48:12 PM

if any folk is looking to sell grin send me a PM

https://coinmarketcap.com/currencies/grin/#markets

It's better to buy more active exchanges instead of OTC when we will trade on listed exchange it is more safe option from my point of view annd I always prefer this to reduce the risk factor.

yeah it's more safer, but until it will reach a serious exchange i won't trade on any of those where it is listed now

It's available on bitforex so any reason to reject this exchange? (yeah, new trading platform but it's currently on good positions).
It's so sad I only heared about this coin today, but glad I discovered it now. Another great coin to hold.
Since some of you don't use current exchanges, is there anyone who sells Grin in altcoins?

Hueristic

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