[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 56.

hush

full member

Activity: 1288

Merit: 102

Quote from: tyz on January 27, 2019, 01:51:22 PM

I am trying to get into Grin and read and watched a couple of articles and videos. Grin pomotes itself as scalable. However Jasper van der Maarel states [1] it does process only 10 transactions per second. This is definitely not scalable. So, how is that meant to be scalable?

[1] https://www.youtube.com/watch?v=mzHswLujMYc&feature=youtu.be&t=555

That is valid point how this could be possible to handle bulk transaction while some other projects already doing job very well than how Grin will provide this solution. I also interested to know about this.

tyz

legendary

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I am trying to get into Grin and read and watched a couple of articles and videos. Grin pomotes itself as scalable. However Jasper van der Maarel states [1] it does process only 10 transactions per second. This is definitely not scalable. So, how is that meant to be scalable?

[1] https://www.youtube.com/watch?v=mzHswLujMYc&feature=youtu.be&t=555

Texacha

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Activity: 480

Merit: 68

Quote from: Anon136 on January 27, 2019, 01:03:22 PM

At first you have catastrophic inflation that no amount of hype can overcome, 100% per day on the second day. Then it settles down at least a little, maybe 10% per day, now the early days hype can overcome it. But hype is transitory, inflation is like the tide. Inflation will break the back of the hype machine and we will see a long price decline for 6 months to a year minimum. Difficulty tracks the price so it should be easy to mine again during that lull. I plan to be mining a lot during that time.

Great. Now tell me what coin doesn't have 100% per day on second day? Or some coins have halving on second day? Cheesy

Look Raven for example. First 4 years have same inflation like GRIN. Every day new 7.2 mil coins mined , every day, first 4 years.

Anon136

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Quote from: ?? on ??

Quote from: suchmoon on January 27, 2019, 12:48:57 PM

Quote from: ?? on ??

Does anyone even know the current odds for a block on a 1080ti?

At current diff it's ~1:300000 with AR29 and slightly better with AT31. Or ~7 months for a block on average. The diff is not going to stay "current" obviously.

I'll give it a week.

I have fond memories of CPU mining a Bitcoin block back in the day, and would be nice to think I could solo mine at least 1 block with this stuff, before the difficulty truly goes parabolic.

I've never really followed an altcoin launch before, and am absolutely blown away with how much and quickly, the difficulty is increasing for this project.

It has really taken off in an amazing way.

At first you have catastrophic inflation that no amount of hype can overcome, 100% per day on the second day. Then it settles down at least a little, maybe 10% per day, now the early days hype can overcome it. But hype is transitory, inflation is like the tide. Inflation will break the back of the hype machine and we will see a long price decline for 6 months to a year minimum. Difficulty tracks the price so it should be easy to mine again during that lull. I plan to be mining a lot during that time.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: ?? on ??

Does anyone even know the current odds for a block on a 1080ti?

At current diff it's ~1:300000 with AR29 and slightly better with AT31. Or ~7 months for a block on average. The diff is not going to stay "current" obviously.

KhunChan

full member

Activity: 392

Merit: 105

These new coins made me flee the Windows 10. minerbabe captured my 8_588 and 16_1070 on c31 - 7 graph/s . And 8_1063 I was able to attach to the beam in hiveos. bminer-v14.0.0 on a working computer with 3_1070 12.5 graph / s = 15 graph / s at f2pool.
Price strikes and makes spinning.

Cryptotourist

hero member

Activity: 1204

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Homo Sapiens Bitcoinerthalensis

Quote from: jambo110 on January 27, 2019, 11:57:19 AM

Im an insta miner thats all i gotta say at this point, thanx

Thank you too. Not sure what to make of it, I do have a vivid imagination..
Nicehash or similar is good. Unless I'm missing something. Looking forward for an update.

#

Quote from: ?? on ??

Over 5 GRIN now @ f2pool as of this morning. Turned off my laptop from mining with the 1080, and looking forward to resuming some fun gaming today. Still have the 1080ti running.

Waiting to get paid out; hopefully within the next 24 hours.

When I get paid out, I'll move the 1080ti over to solo mining for a week and hopefully hit at least 1 block.

Good luck with that one bro. Best of luck. Seems a little optimistic with a single 1080ti, but I'll play. Please let us know. Cheesy

JasonSW

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Quote from: Chris! on January 27, 2019, 11:35:01 AM

Quote from: SplitBirb on January 27, 2019, 06:49:29 AM

First post not very appealing. Here is something i made for the Grin army. Any suggestions for improvement let me know. 🐦

https://i.imgur.com/UnBvbAb.png

Please never say grin army lol. This isn't some bs bank coin that needs an army behind it to make it successful. Nicely done on the infographic though.

Well not having informative links but just fancy graph isn't the way to go. Informative guides, links to a page contains exchanges, pools, explaining how-to-use-wallet to generic user would be more helpful.

jambo110

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Quote from: Cryptotourist on January 27, 2019, 11:42:55 AM

Quote from: jambo110 on January 27, 2019, 09:19:43 AM

Dude if only you knew, hehe

Go on, please share your point. Roll Eyes

Bob, did you get off the shit-pool express?

Im an insta miner thats all i gotta say at this point, thanx

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: jambo110 on January 27, 2019, 09:19:43 AM

Dude if only you knew, hehe

Go on, please share your point. Roll Eyes

Bob, did you get off the shit-pool express?

Chris!

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Quote from: SplitBirb on January 27, 2019, 06:49:29 AM

First post not very appealing. Here is something i made for the Grin army. Any suggestions for improvement let me know. 🐦

https://i.imgur.com/UnBvbAb.png

Please never say grin army lol. This isn't some bs bank coin that needs an army behind it to make it successful. Nicely done on the infographic though.

jambo110

legendary

Activity: 1311

Merit: 1003

Quote from: ?? on ??

Quote from: jambo110 on January 27, 2019, 08:29:38 AM

Quote from: mindrust on January 27, 2019, 08:03:37 AM

Quote from: Walker0118 on January 27, 2019, 07:35:57 AM

What Will Be the Total supply ?

There won't be any limits on the supply. Check the first page. For every minute passed, there will be new 60 grins to be minted.

Quote

- Block Time: 1 minute
- Block Reward: 60 GRIN

Thats some fast cash being printed right there !

Much less than the fiats being printed and I think that is the angle this coin is trying to replace, fiat cash. If you want to be a long term speculator you're probably best suited at investing in Bitcoin over grin.

Dude if only you knew, hehe

boxalex

member

Activity: 420

Merit: 13

anybody tried to mine to a kucoin adress directly allready?

these look like this: https://depositgrin.kucoin.com/deposit/5ad512873f705c1299ca10bb

jambo110

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Activity: 1311

Merit: 1003

Quote from: mindrust on January 27, 2019, 08:03:37 AM

Quote from: Walker0118 on January 27, 2019, 07:35:57 AM

What Will Be the Total supply ?

There won't be any limits on the supply. Check the first page. For every minute passed, there will be new 60 grins to be minted.

Quote

- Block Time: 1 minute
- Block Reward: 60 GRIN

Thats some fast cash being printed right there !

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Walker0118 on January 27, 2019, 07:35:57 AM

What Will Be the Total supply ?

There won't be any limits on the supply. Check the first page. For every minute passed, there will be new 60 grins to be minted.

Quote

- Block Time: 1 minute
- Block Reward: 60 GRIN

Walker0118

full member

Activity: 347

Merit: 100

😶😶😶😶😶

What Will Be the Total supply ?

pbfarmer

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Activity: 340

Merit: 29

Quote from: Cryptotourist on January 27, 2019, 06:44:36 AM

Well, c31 and c29 haven't quite leveled out yet (previous graph).
I have found this to be a good indicator:

Roughly a 1/10 G/s c31/c29 factor, I get 40 G/s on c29, and about 4 G/s on c31.
BTW, went through their support yesterday (Zen desk), and got an answer and solution instantly (email had not arrived).
I'm not shilling about sparkpool, just saying.

Also, got almost 3 Grin with c31 instead of almost 2 (that would have got) with c29.
Was briefly thinking of leaving my Vega64's on c31 and Minerbabe, and flipping the 1080ti's to Bminer 14. Maybe tomorrow.

https://grinscan.net/charts

c31 still overrepresented rewards-wise. Seems like AR scale needs to adjust a bit quicker.

SplitBirb

copper member

Activity: 53

Merit: 11

🐦

First post not very appealing. Here is something i made for the Grin army. Any suggestions for improvement let me know. 🐦

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Well, c31 and c29 haven't quite leveled out yet (previous graph).
I have found this to be a good indicator:

Roughly a 1/10 G/s c31/c29 factor, I get 40 G/s on c29, and about 4 G/s on c31.
BTW, went through their support yesterday (Zen desk), and got an answer and solution instantly (email had not arrived).
I'm not shilling about sparkpool, just saying.

Also, got almost 3 Grin with c31 instead of almost 2 (that would have got) with c29.
Was briefly thinking of leaving my Vega64's on c31 and Minerbabe, and flipping the 1080ti's to Bminer 14. Maybe tomorrow.

jambo110

legendary

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Merit: 1003

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