Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 64. (Read 73804 times)

I am fairly sure it will fail due to emission policy and I really hope I am wrong.

Once the hype fails it will have a hard time to absorb 1 grin per second for the rest of its time especially in the first years - there will be little incentive to hold and to mine to secure the network except for idealistic reasons: Even if it somehow succeeds it will be in hands of a small group for the reasons given.

The argumentation that it is used for spending because inflation is high would imply that there a places to spend the currency. The reasons that crypto is not used for spending is not the inflationary policy but regulatory boundaries and that there are basically no places to spend them - I personally do not see why a new coin with a new protocol should change it  - it will compete against a 4 digit number of existing cryptocurrencies. It would even have a hard time if the emission policy would have been chosen wisely.

Nevertheless it is probably the most interesting project launched in the last two years and therefore I will follow it. The protocol is really innovative, the community driven decentralized and anarchistic mentality is probably the only way to launch a new cryptocurrency, the name is great and I fuckin love the logo but cryptocurrencies are first and foremost money with its specific characteristics and I think you fucked it up there big times. Nevertheless I hope to be proven wrong over time   

 

i added 4 GB more to the system now it runs with no issue since 8 hours with 4.10 G/s per GTX 1070.


looks like 8 GB System Ram is needed for Windows 10 mining with 6 x GTX 1070

Im mining Grin on my 1060 6gb Win10 with latest drivers and enough virtual memory. One of the rigs of 1060 make 1.75 g/s the other rig with more OC cards make 1.85. Thats average hashrates of each of the cards on the rigs. The miner is not optimized as bminer but at least its working.

+1 for the suggestion

getting ~2.9 g/s (minus 5-6% because of stale shares) on nvidia 1060 6gb, win 10

Grin will have significant adoption hurdles in Japan anyway. 

Japan pressures exchanges to drop Monero, Zcash and Dash

Bad idea IMO since ツ is so common in Japanese. It'd be like using the letter "G" as their symbol.

Just because it's design does not meet your specific use case does not make it stupid. Actually it is quite the opposite.

Yes it is working.
I am running my rig with 1060 6gb*8 gpus successfully on HiveOS.
I also tried on SMOS and it is also working good..

I think Grin is more inflationary than gold in the long run (as well as the short run, ofc). There is a finite amount of gold on our planet, but an infinite supply of Grin. I suppose an argument could be made about the extraction of gold from astroids and extraterrestrial planets, but that's more of a philosophical discussion now more than anything else.

edit: it went through by using the https://grin.bitmesh.com/..................... address instead the ...............g.bitmesh.com:80



anyone had "issues" with transfering grin from grinmint to bitmesh?
entered the wallet address that i got from bitmesh (tried with http(s), without...etc..), requested payout, and i'm getting
Wallet unreachable (will retry) and afterwards Cancelled (wallet unreachable)

thx

"ツ" aka "Tsu" was adopted as the official currency symbol of the project.
https://github.com/mimblewimble/grin-pm/blob/master/notes/20190117-meeting-governance.md#102-currency-symbol

“ツ” is very unique symbol.
It’s first time that Japanese katakana character is used in famous crypto currency project.
I need some months to accustomed with it because I'm Japanese. ツ

Doesn't ETH also have infinite supply though?
And the emission might be considered low... well... I can't judge it yet since the price and the interest on the project fluctuates wildly.

I'm not saying I disagree with your points, I'm only saying that we can't draw any conclusions yet... whether the supply and emission policies are correct or wrong.

https://github.com/mimblewimble/docs/wiki/Getting-Started-With-Grin%3A-Links-and-Resources


Yes it does. You may need Windows 7 or Linux though. There used to be some issues with Windows 10 and 6GB cards.

I checked, and you were right.
With current situation, it is better to buy the Grin coin directly from exchanges, rather than try mining it.
Mining party is very competitive now.

It seems it won't work I tried searching in google or even here I can't find any post that 6gb works in grin miner.

Most of the miner is above 7gb that works to mine grin based on what I heard from others.

However, there are some newbie posting that there is a mining OS that you can mine grin with 6gb GPUs or below. Not tested yet but I don't trust newbie about the OS he offer.

This would be amazing if not for the infinite supply and stupid emissions policy.

Does this work on GTX 1060 6GB?

Did anyone try 

Weird I can't find the wallet or grint client?
Where can I download grin wallet? I tried to check their website and the first page of this thread it seems I can't see the wallet.

Can you recommend a wallet online or desktop wallet?

What is the most cost effective card to use mining GRIN? What is the best option Nvidia or AMD?

Also please state your hashing power per card.

Thank you in advance.

Nothing sinister implied here. The difference is very mild - 'came back because grin' or 'came back and oh look there's grin'. I wanted to know if you took a break because we were going on about getting rich too much for your liking, and your answers have made it clear that's not the case at all. Best of luck with the business.