[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 68.

trackers

jr. member

Activity: 54

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Quote from: HairyMaclairy on January 21, 2019, 08:17:21 PM

Wtf is with the spread between Hotbit 0.0014 and BitForex 0.0008

I looked into this lol... Turns out Bitforex has withdrawals disabled on Grin until tomorrow (withdrawal will be available on 2019/1/23 15:00 (GMT+8)....I assume at this time a lot of cheap Grin will be withdrawn and transferred to Hotbit and co, and the price will fall @ the expensive exchanges (but possibly rise at Bitforex due to decreased supply?)

bbc.reporter

legendary

Activity: 3192

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Quote from: suchmoon on January 21, 2019, 09:16:46 PM

Quote from: bbc.reporter on January 21, 2019, 08:02:01 PM

Quote from: Rabinovitch on January 21, 2019, 05:29:51 AM

How can I deposit my Grin coins to Hotbit? All I see is some HTTPS link as a GRIN Deposit Address. How to use it?

The command would be grin wallet send -d (https link) (amount), without the parenthesis.

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

@Last of the V8s. An infinite supply should appeal to the miners most, after 10+ years. Bitcoin's capped supply might become an issue after a few more halvings.

I have some coins on a pool but I'm still not certain if I know the process well enough to make sure I don't get scammed or get accused of scamming. I'm not saying you would, it's just a general lack of understanding on my part with the 3-way process. With Bitcoin it's quite simple - I send coins to a given address, it shows up in a block, confirmed, visible on a block explorer, no doubts about it. With grin though... let's say I create a TX file to send to you. Then for whatever reason you fail to create a response file for me to finalize for me and you accuse me that my TX file was bad. Is there a way for a third party to verify that?

I trust you. I would be willing to send first.

Also, have you tried sending your coins in your grin wallet? I would be willing to take the risk of having some issues with the transaction as long as the coins are directly from your wallet, not from a pool. It would be part of the learning process hehehe.

HairyMaclairy

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Activity: 1442

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Degenerate bull hatter & Bitcoin monotheist

I had a look at the Hotbit order books. They are a joke. Hotbit’s reported volume is fake and the price reflects the lack of liquidity.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: bbc.reporter on January 21, 2019, 08:02:01 PM

Quote from: Rabinovitch on January 21, 2019, 05:29:51 AM

How can I deposit my Grin coins to Hotbit? All I see is some HTTPS link as a GRIN Deposit Address. How to use it?

The command would be grin wallet send -d (https link) (amount), without the parenthesis.

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

@Last of the V8s. An infinite supply should appeal to the miners most, after 10+ years. Bitcoin's capped supply might become an issue after a few more halvings.

I have some coins on a pool but I'm still not certain if I know the process well enough to make sure I don't get scammed or get accused of scamming. I'm not saying you would, it's just a general lack of understanding on my part with the 3-way process. With Bitcoin it's quite simple - I send coins to a given address, it shows up in a block, confirmed, visible on a block explorer, no doubts about it. With grin though... let's say I create a TX file to send to you. Then for whatever reason you fail to create a response file for me to finalize and you accuse me that my TX file was bad. Is there a way for a third party to verify that?

albanes

sr. member

Activity: 468

Merit: 250

Tell me how can I customize C31 on 8 G memory cards? And which miner is best used for this? cards 1070 ti and 2070!

Anon136

legendary

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Quote from: infofront on January 21, 2019, 05:26:03 PM

Quote from: Anon136 on January 21, 2019, 01:44:45 PM

subbing to this thread. expecting to see some old faces.

*edit* that didn't take long. hi bob and Last of the V8s.

Hi Anon. This thread looks like a WO offshoot.

HairyMaclairy

legendary

Activity: 1442

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Degenerate bull hatter & Bitcoin monotheist

Sshhh. Nobody knows I’m here. I’m hunting wabbits.

Anon136

legendary

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Quote from: HairyMaclairy on January 21, 2019, 08:17:21 PM

Wtf is with the spread between Hotbit and BitForex

lol mini WO indeed. all we need now is a debate about socialism. NO DON'T DO IT.

tl;dr: hi hairy

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Wtf is with the spread between Hotbit 0.0014 and BitForex 0.0008

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: bbc.reporter on January 21, 2019, 08:02:01 PM

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

I am going to start helping out everyone I can with sending them small bits of grin to start out with, JUST AS SOON AS I CAN GET A FEW OF MY OWN.

I have 6.3 grin on f2pool but no idea how to get f2pool to pay out. I can't find a button on the website anywhere for withdrawal. I'm thinking it just does it automatically, but when? If anyone has any experience with f2pool please let me know.

Yea the steady supply thing is a no brainier to me. Make sure that miners are always compensated. And some day the inflation will drive the price of the marginal unit down low enough that human carelessness equalizes with the emmission curve and a more or less equal amount of grin is created as is lost to carelessness. In the long run you end up with a world where all of the value that is lost due to carelessness is what is used to finance the security of the chain, that plus transaction fees. It's kind of abstract but if you allow the logic to flow...

Also it's nothing like central banking. They create more and more currency every year not a steady amount that is the same year on year.

bbc.reporter

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Quote from: Rabinovitch on January 21, 2019, 05:29:51 AM

How can I deposit my Grin coins to Hotbit? All I see is some HTTPS link as a GRIN Deposit Address. How to use it?

The command would be grin wallet send -d (https link) (amount), without the parenthesis.

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

@Last of the V8s. An infinite supply should appeal to the miners most, after 10+ years. Bitcoin's capped supply might become an issue after a few more halvings.

trackers

jr. member

Activity: 54

Merit: 2

Quote from: Last of the V8s on January 21, 2019, 05:05:05 PM

^yw

Lovely how people here're mostly so hard-nosed that the 'infinite supply' feature immediately raises alarm bells.
However it just dawned on me that 'infinite supply' will appeal very much to legacy people.

That's fair, you can certainly argue the characteristic either way! Should have got some yesterday...up 100% today

lesoleil

newbie

Activity: 5

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i am just here for the future. to be proud i knew of this project from day one.

Anon136

legendary

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Quote from: Last of the V8s on January 21, 2019, 02:34:21 PM

hello again Anon136. I asked that yesterday and the answer is kinda 'not realistically' https://bitcointalksearch.org/topic/m.49340719
at least not till we get proper internets which to my mind means probably never but to some may mean 'any minute now'
or we get magic processors

So are we supposing that this project can still have real value to the world at 15tx/s?

I'm trying to mine grin with rented miners and I keep getting this message.

I have tried f2pool, btc.com and grinmint, and looked for settings to change this on all three, but to no avail. Anyone else having it? Anyone know how to fix it?

suchmoon

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https://bpip.org

Quote from: LFC_Bitcoin on January 20, 2019, 09:45:56 AM

Hands up who is going with this just because theymos has backed it himself?

I'm not certain but I think it was indeed theymos who mentioned it in some other thread (BCH?) and piqued my interest.

It feels a bit weird to see a bunch of old-timers in a new alt thread... those tend to be dominated by bump bots and penny spammers these days. I know that's a cheesy and superficial observation but to me that shows a certain degree of street-cred

. Which is worth like $0.00 or thereabouts but it makes me feel good mining it with GPUs that would otherwise barely break even anyway.

infofront

legendary

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Shitcoin Minimalist

Quote from: Anon136 on January 21, 2019, 01:44:45 PM

subbing to this thread. expecting to see some old faces.

*edit* that didn't take long. hi bob and Last of the V8s.

Hi Anon. This thread looks like a WO offshoot.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

^yw

Lovely how people here're mostly so hard-nosed that the 'infinite supply' feature immediately raises alarm bells.
However it just dawned on me that 'infinite supply' will appeal very much to legacy people.

trackers

jr. member

Activity: 54

Merit: 2

Quote from: Last of the V8s on January 16, 2019, 10:45:27 PM

Quote from: trackers on January 16, 2019, 10:42:54 PM

Anyone seen any mining profitability calculators for Grin?
Dovey Wan's is the only I've seen so far:
https://twitter.com/DoveyWan/status/1085612061705400320

quoted for visibility. thx
edited: down in size now that he can post images

Thanks for this

Really enjoying the discussion around grin... Its just such a shame (IMO) with the economics...I get infinite supply but I just don't think its the right environment for it personally.

Coin is getting down to around $2 - I'll probably purchase some soon (I've only got asics so can't mine it)

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

hello again Anon136. I asked that yesterday and the answer is kinda 'not realistically' https://bitcointalksearch.org/topic/m.49340719
at least not till we get proper internets which to my mind means probably never but to some may mean 'any minute now'
or we get magic processors

Anon136

legendary

Activity: 1722

Merit: 1217

So here is a question. Is it theoretically possible, allowing for a hard fork or two if necessary, to have the mining pools be required to run on a thick dedicated fiber pipe to process thousands of transactions per second, but have thousands or millions of normal users run hybrid nodes that still store the full blockchain and provably audit part of the activities of the mining pools, such that all of the activities of miners are monitored multiple times over, but each individual auditor isn't required to examine all incoming transactions.

And really don't take the way I worded it too specifically. I'm trying to get at a more general idea. The idea of miners processing more transactions than any one normal user could ever hope to audit while still having all of the activities of the miners audited many many times over by normal users.

Eh. Never mind. The network couldn't rely on some subset checking each transaction. Even if 10% of all users audited a given transaction, what if that 10% didn't report an incongruincy until hours, weeks, or years later? There would be a massive fork. Would you leave the doublespend in? Or roll the chain back who knows how far?

Are there any ideas out there right now about how to scale up the tx/s?

Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 68. (Read 74106 times)