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Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 70. (Read 73804 times)

legendary
Activity: 1652
Merit: 4392
Be a bank
How many transactions per second could the Grin network do right now? What plans are there to increase that if needed?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Hands up who is going with this just because theymos has backed it himself?
....

It's not like you guys were not warned.

What is the economic model?  I read a while back that there was something funky about it and not that appealing.  

1 grin is created per second on average, forever. Similar to XMR. Not ideal IMO, but it does tend to be deflationary long-term.

What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.

Not a shitcoin but it is not an investment vehicle.

Don't you think infinite supply will play role of pressure element on he price of coin ? There is lot of hype before the launch of this coin what is scheduled in two days now. I hope they will be much more careful with security and safety as first impression will be the last. We saw what happens with Beam with vulnerability. These are the two coins succeeded to get attention of everyone in very short time.

Beam is a money grab, tail emission is a design decision of a solid currency.
It doesn't matter if the pump and dumper can't make cake, its not designed for that so if the tail emission scares you then don't use this coin.

@Theymos finds the tech interesting and does not do pump and dumps.

I find the goals laudable and the tech interesting if not immature atm, the tech will be amazing if matured due to the scaling if nothing else.
newbie
Activity: 10
Merit: 0
I really despise coins that launch with only a cli client. It is so 90s. Also, not having an official Windows version is not forgivable. Correct me if I am wrong, didn't Satoshi launch BTC with both a GUI and Windows compatible?
    I have found the miner that is compatible with Windows and have mined it a little, starting yesterday. However, the cooling on my desktop is shitty, especially for the CPU. I don't like to see my CPU temps running in the 70s with spikes in the 90s. So I have only been running it for about an hour here and there.
    I haven't bothered setting up a node yet. I haven't used the VM in over a year and don't think it is worth it to run a node via Vultr.
    (As an aside, I am running Grin Gold Miner, and I think it's funny that it stores my password in plain text.  Cheesy But so does BTC RPC. Oh well.)
offtopic: I switched to Linux (single boot) in 2015 when windows 10 came out and it became obvious that nothing has changed for the better, after that I never looked back. To me today it's incomprehensible why people are using this junk adware/bloatware/spyware combination, that installs and deletes things on YOUR computer without your knowledge. But I'm not a hater, so I forgive such people, after all they may need it to make money in proprietary software or something.. I wish I persisted with the switch back in the day, then I would most certainly knew about bitcoin in 2009-2010 because of its proximity to hacker/coding culture, and maybe I would have made some profits on these skills.
sr. member
Activity: 860
Merit: 423
Have anyone tried to mine Grin on Google Cloud?
legendary
Activity: 1652
Merit: 4392
Be a bank
Hands up who is going with this just because theymos has backed it himself?
....
His enthusiasm has been a rare delight, and I went into it just precisely because of that. It was an important moment, relieving the boredom of waiting for the moon or the lightning network or whatever. I'd never studied the design and launch of an altcoin before, and picked up at least a couple of things.
newbie
Activity: 27
Merit: 0

Hey, I'm really confused over the wallet, I don't own anything apple and I'm clueless regarding Linux. So far I've been mining on F2pool and storing my earnings there, but it's a temporary solution. How long before a windows (and please GUI) wallet is released?
newbie
Activity: 45
Merit: 0
I really despise coins that launch with only a cli client. It is so 90s. Also, not having an official Windows version is not forgivable. Correct me if I am wrong, didn't Satoshi launch BTC with both a GUI and Windows compatible?
    I have found the miner that is compatible with Windows and have mined it a little, starting yesterday. However, the cooling on my desktop is shitty, especially for the CPU. I don't like to see my CPU temps running in the 70s with spikes in the 90s. So I have only been running it for about an hour here and there.
    I haven't bothered setting up a node yet. I haven't used the VM in over a year and don't think it is worth it to run a node via Vultr.
    (As an aside, I am running Grin Gold Miner, and I think it's funny that it stores my password in plain text.  Cheesy But so does BTC RPC. Oh well.)
The password is just to create the account if you're mining on grinmint, you can take the password out of the config file and continue mining
newbie
Activity: 61
Merit: 0
Hi, can I mine to win 10 with vega 64,how much $? per day? Is there a wallet or I have to mine to exchange?
member
Activity: 444
Merit: 31
Still a manic miner
For a moment i thought this was BTC WO thread  Wink so many known hats.. err.... names.
legendary
Activity: 1806
Merit: 1828

I was tempted, very tempted to look into mining it tbh. Think I’ll wait until it becomes accessible on exchanges though. If it’s still cheap enough then (under $10 - $20) I can buy a couple of hundred or something & forget about them for a bit.

I just don’t want to be bothered with committing to mine it.

It currently is available in quite a few exchanges. https://www.coingecko.com/en/coins/grin/trading_exchanges#panel However, I am not familiar with any of the exchanges and don't fell like opening another exchange account. At the moment, the mining software seems to require you to have at least 7gb of virtual memory be set aside per card for the CPU. So it may be a real PITA for larger GPU rigs.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Hands up who is going with this just because theymos has backed it himself?




I'm in that boat. I wouldn't have bothered with this at all if it wasn't for theymos. However, I have been hearing about this on twitter for quite sometime.

I was tempted, very tempted to look into mining it tbh. Think I’ll wait until it becomes accessible on exchanges though. If it’s still cheap enough then (under $10 - $20) I can buy a couple of hundred or something & forget about them for a bit.

I just don’t want to be bothered with committing to mine it.
legendary
Activity: 1806
Merit: 1828
Hands up who is going with this just because theymos has backed it himself?




I'm in that boat. I wouldn't have bothered with this at all if it wasn't for theymos. However, I have been hearing about this on twitter for quite sometime.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Hands up who is going with this just because theymos has backed it himself?
I’m going to give it a miss myself for now, maybe I’m being stupid but I can always buy in at a later date if it’s making obvious positive steps.

Edit - I’m waiting for the ‘I downloaded a fake Grin wallet that contained malware & somebody stole all my bitcoin’ threads Sad
legendary
Activity: 1806
Merit: 1828
 I really despise coins that launch with only a cli client. It is so 90s. Also, not having an official Windows version is not forgivable. Correct me if I am wrong, didn't Satoshi launch BTC with both a GUI and Windows compatible?
    I have found the miner that is compatible with Windows and have mined it a little, starting yesterday. However, the cooling on my desktop is shitty, especially for the CPU. I don't like to see my CPU temps running in the 70s with spikes in the 90s. So I have only been running it for about an hour here and there.
    I haven't bothered setting up a node yet. I haven't used the VM in over a year and don't think it is worth it to run a node via Vultr.
    (As an aside, I am running Grin Gold Miner, and I think it's funny that it stores my password in plain text.  Cheesy But so does BTC RPC. Oh well.)
legendary
Activity: 2730
Merit: 1288
I was very interested in Grin. Just yesterday theymos announced to accept Grin as a means of payment. Before that, only Bitcoin could enjoy this honor. Even Ethereum, Monro, etc. did not have such treatment.
So as a response to the BTT Forum, will Grin plan to have a BTT Forum Bounty Campaign?

Bounty campaign? Why don't you grab a couple of GPU's and mine it? The mainnet went online 3 days ago. You didn't miss anything. Also the inflation rate will be so big for the first year, you'll be able to buy cheap coins as much as you want during that period.

buying high inflation currency - like GRIN in the first year - is like burning your money

Agree. Bottom might be found in 4 years time if all goes as developers are planing. There is always risk that that could fail since all cryptocurencies are just an experiment.
newbie
Activity: 45
Merit: 0
I am already bored of mining this coin. Mostly because I learned that minimum pay out on f2pool is 5 grins. (mining on 1 card and it will take ages to get the coins out :/)

Goddamnit. Already wasted too much hash on f2pool to give up now. Will accrue the 5 required for a payout and probably quit mining this crap... or something...

I hear ya bro.
I reckon I'll have 5 coins mined in about a week. Proceeds might get me a six pack of cheap beer.
(if I figure out how to sell the damn things for fiat.... ahh phukkit... I'll just hold em for a shiggle)
Those days when my 2 1070's were pulling in around $8-$10 worth of bitcoin a day on Nicehash are long gone....
Right, it wouldn't be so bad if we were at least pulling down the same amount of satoshi... ugh
legendary
Activity: 3388
Merit: 3514
born once atheist
I am already bored of mining this coin. Mostly because I learned that minimum pay out on f2pool is 5 grins. (mining on 1 card and it will take ages to get the coins out :/)

Goddamnit. Already wasted too much hash on f2pool to give up now. Will accrue the 5 required for a payout and probably quit mining this crap... or something...

I hear ya bro.
I reckon I'll have 5 coins mined in about a week. Proceeds might get me a six pack of cheap beer.
(if I figure out how to sell the damn things for fiat.... ahh phukkit... I'll just hold em for a shiggle)
Those days when my 2 1070's were pulling in around $8-$10 worth of bitcoin a day on Nicehash are long gone....
full member
Activity: 1154
Merit: 154
I was very interested in Grin. Just yesterday theymos announced to accept Grin as a means of payment. Before that, only Bitcoin could enjoy this honor. Even Ethereum, Monro, etc. did not have such treatment.
So as a response to the BTT Forum, will Grin plan to have a BTT Forum Bounty Campaign?

Bounty campaign? Why don't you grab a couple of GPU's and mine it? The mainnet went online 3 days ago. You didn't miss anything. Also the inflation rate will be so big for the first year, you'll be able to buy cheap coins as much as you want during that period.

buying high inflation currency - like GRIN in the first year - is like burning your money
newbie
Activity: 45
Merit: 0
I think I'll do the same, just get the 5 coins and move on. I can't use all my GPUs anyway as I can't increase my pagefile enough to run them all as it runs out of VM.
jr. member
Activity: 132
Merit: 1
This is interesting and certainly will make everyone who does it get excited.
But will you launch a prize launch? And when is that?
Hopefully in the future we can be more careful.
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