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Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 100. (Read 558212 times)

hero member
Activity: 608
Merit: 526
someone from, NLG responded to me to flyer in Amsterdam with some GRS on the flyer. I think the best Idea imo is when (Dutch) people install the core, or certain wallets, that they get automatically like 100 coins or so. That is what NLG (Guldencoin) also did, and it is a good way to get more people involved and more coins floated through the network. I proposed this like a year ago that it is important to get small parts to other users as well...

The idea of NLG was great but people abused the system and the campaign was stopped:

https://bitcointalksearch.org/topic/m.12004096
sr. member
Activity: 448
Merit: 250
Feel free to contact me
someone from, NLG responded to me to flyer in Amsterdam with some GRS on the flyer. I think the best Idea imo is when (Dutch) people install the core, or certain wallets, that they get automatically like 100 coins or so. That is what NLG (Guldencoin) also did, and it is a good way to get more people involved and more coins floated through the network. I proposed this like a year ago that it is important to get small parts to other users as well...
hero member
Activity: 608
Merit: 526
What is IYO absolutely necessary for GRS to become better?

An even distribution among users, but it's very difficult to create a concept doing that. For this to work the amount of GRS should be enough, like 10/20 euro's, to make people wanna investigate how to use and cash it.

Any good ideas how to distribute groestlcoins in The Netherlands?
I was thinking to give Psychoticboy coins to distribute them (for free) during Bitcoin wednesday: http://www.meetup.com/BitcoinWednesday/
But i am not sure if that would work..
legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
What is IYO absolutely necessary for GRS to become better?

An even distribution among users, but it's very difficult to create a concept doing that. For this to work the amount of GRS should be enough, like 10/20 euro's, to make people wanna investigate how to use and cash it.
sr. member
Activity: 448
Merit: 250
Feel free to contact me
What is IYO absolutely necessary for GRS to become better?
sr. member
Activity: 448
Merit: 250
Feel free to contact me
Will price be 500 satoshi by the end of the year?
sr. member
Activity: 448
Merit: 250
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GRS future is looking so bright and nice, it even sometimes scares me how the world will change...
sr. member
Activity: 448
Merit: 250
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elixir

Miraculous, magical, and maybe a little mysterious, an elixir is a sweet substance or solution that cures the problem at hand.

This one is absolutely my favorite:) also in every list of beautiful words...

with a strong (red) logo we are ready for a brand new start.
sr. member
Activity: 448
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some easy to pronounce new names:

Smash (Coin)     Coincoin   smoothcoin  timecoin   Napoleoncoin zoef(coin) platocoin     vincicoin    steamcoin    cocoin       cococoin
Bam    (coin)     dingcoin    nanocoin     speedcoin Darwincoin    gocoin      mozartcoin  ploughcoin pressurecoin crusecoin  ocoin
fewcoin fiewcoin slickcoin lissomecoin daltoncoin deltacoin

(names below are based on most beautiful words in English language)

lithe
Comely
conflate
demure
dulcet
elision
elixir
felicity
lilt
offing
seraglio

http://www.alphadictionary.com/articles/100_most_beautiful_words.html

http://blog.topplaza.com/2011/05/117-most-beautiful-words-in-the-english-language/
sr. member
Activity: 448
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To summarize the latest feedback:

1 Technically speaking one of the best coins and devs in the world

2 Logo and name don't work

advice: Change name and logo asap. Think more about what people really want...


What do you think...?
sr. member
Activity: 448
Merit: 250
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Its a myth that any PoW coin are FPGA/ASIC resistant. In fact for 99% PoW coins there are already working FPGA implementations.

...

I'd disagree in that some PoW algos are certainly more FPGA resistant than others. For instance, the cryptonight algo used by monero and others uses a 2 MB scratch pad and AES encryption. Afaik these values and ciphers were chosen because modern cpus have a 2 MB cache and a built-in ASIC for doing AES; this is why cryptonight is one of the only algos where cpus are remotely competitive with gpus in terms of hash/watt. I don't think there's any FPGA out there that's going to compete with an newish i7 or 750ti in terms of hash/watt, but I could be wrong.

As far as 99% of PoW already having working FPGA implementations, I guess this is probably true since probably 99% (or at least 90%?) of coins are sha or scrypt based.


Most coins aren't SHA or scrypt based, and FPGA would KILL an i7/750Ti on hash/watt on CryptoNight - just not in hash/$.

I think if you include all "dead" coins, then most would be sha or scrypt, or if you define most by marketcap, then btc+ltc+doge dwarfs market cap of all other PoW coins combined (90+%), even with ethereum release.

What do you mean not in hash/$? Only really expensive FPGA would be able to mine effectively?

Likely. With a massive one, I could fit the scratchpad in flip-flops, perhaps. Suddenly, memory access is REALLY fucking fast. But it'd be many thousands of USD for one - not worth it at all.

For now not but for later; yes.
legendary
Activity: 3136
Merit: 1116
Its a myth that any PoW coin are FPGA/ASIC resistant. In fact for 99% PoW coins there are already working FPGA implementations.

...

I'd disagree in that some PoW algos are certainly more FPGA resistant than others. For instance, the cryptonight algo used by monero and others uses a 2 MB scratch pad and AES encryption. Afaik these values and ciphers were chosen because modern cpus have a 2 MB cache and a built-in ASIC for doing AES; this is why cryptonight is one of the only algos where cpus are remotely competitive with gpus in terms of hash/watt. I don't think there's any FPGA out there that's going to compete with an newish i7 or 750ti in terms of hash/watt, but I could be wrong.

As far as 99% of PoW already having working FPGA implementations, I guess this is probably true since probably 99% (or at least 90%?) of coins are sha or scrypt based.

Most coins aren't SHA or scrypt based, and FPGA would KILL an i7/750Ti on hash/watt on CryptoNight - just not in hash/$.

I think if you include all "dead" coins, then most would be sha or scrypt, or if you define most by marketcap, then btc+ltc+doge dwarfs market cap of all other PoW coins combined (90+%), even with ethereum release.

What do you mean not in hash/$? Only really expensive FPGA would be able to mine effectively?
legendary
Activity: 3136
Merit: 1116
Its a myth that any PoW coin are FPGA/ASIC resistant. In fact for 99% PoW coins there are already working FPGA implementations.

...

I'd disagree in that some PoW algos are certainly more FPGA resistant than others. For instance, the cryptonight algo used by monero and others uses a 2 MB scratch pad and AES encryption. Afaik these values and ciphers were chosen because modern cpus have a 2 MB cache and a built-in ASIC for doing AES; this is why cryptonight is one of the only algos where cpus are remotely competitive with gpus in terms of hash/watt. I don't think there's any FPGA out there that's going to compete with an newish i7 or 750ti in terms of hash/watt, but I could be wrong.

As far as 99% of PoW already having working FPGA implementations, I guess this is probably true since probably 99% (or at least 90%?) of coins are sha or scrypt based.
sr. member
Activity: 448
Merit: 250
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Future looking great. Can't wait for new updates and releases...
hero member
Activity: 608
Merit: 526
Maybe you guys should change the tag line to "The New Home of the FPGA Miners" Tongue

Why is network hashrate so low if there are superfast FPGAs mining? I mean, I can get like 10-20% of the network with a few video cards...

Its a myth that any PoW coin are FPGA/ASIC resistant. In fact for 99% PoW coins there are already working FPGA implementations. We are still the new home of GPU miners, the FPGA farmers only mine GRS when we ask them to do so.

Simple, because dumpers stopped dumping GRS. The FPGA farmers are a necessary evil to protect the GRS price. Everytime we see miners who dump high ammount of GRS, we ask the FPGA farmers to help us a hand (and bumping the network hashrate to 1 GH/s) so the dumpers don't get many coins to dump. The FPGA farmers won't dump any GRS because they believe in our development as i keep them updated often on what is coming. GRS is one of the few coins being hodled by FPGA farmers, most of the altcoins are being dumped by them (and thus decreasing the price of that altcoin).
sr. member
Activity: 448
Merit: 250
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wait for the new releases, GRS is going easy above 2.000 easy peazy. I personally think around 5000 satoshi is realistic if it all goes as it should.
legendary
Activity: 1120
Merit: 1000
Im waiting GRC under 2000sat again Roll Eyes
any chance price will be down again ?
im waiting cheap price and never get it Sad
sr. member
Activity: 448
Merit: 250
Feel free to contact me
big markets for GRS

Poker--> Extremily high volume, game with by far most revenue and money transferring in the world billion dollar business
Football--) (soccer betting) trillion dollar business
games--> paying games, and in-game payments with grs. A billion dollar business
credit/lending--> Don't even know how many zeros to write. Insane big market.
legendary
Activity: 3136
Merit: 1116
The getwork protocol has been removed from Groestlcoin core since it was a inefficient way to mine (due to the speed of FPGA devices).
The old protocol in Groestlcoind or -QT was limited to about 5GH before running into bottlenecks. Groestlcoind could not serve work fast enough for the FPGA's.

...

Maybe you guys should change the tag line to "The New Home of the FPGA Miners" Tongue

Why is network hashrate so low if there are superfast FPGAs mining? I mean, I can get like 10-20% of the network with a few video cards...
sr. member
Activity: 448
Merit: 250
Feel free to contact me
The getwork protocol has been removed from Groestlcoin core since it was a inefficient way to mine (due to the speed of FPGA devices).
The old protocol in Groestlcoind or -QT was limited to about 5GH before running into bottlenecks. Groestlcoind could not serve work fast enough for the FPGA's.

In order to solo mine with the new core:
1. You need an updated sgminer with support for an address parameter, so it can mine through getblocktemplate (GBT).  Cgminer 4.2.0 has already support for adress parameter. The updated sgminer can be released soon (depends on how many people really want to solo mine).
2. Another way that would work is that you need a stratum proxy (such as https://github.com/slush0/stratum-mining-proxy or similar) to convert the getwork to stratum.
3. You could also download a stratum server (such as https://github.com/slush0/stratum or similar) and have that talk to your groestlcoind and then have sgminer talk to that.

It does not matter if you change GroestlCoin.conf to groestlcoin.conf because it is the same on Windows (it only matters for Linux).

Any special trick to getting solo mining working with new release v2.11.0? I can't even get it working on local host computer using sgminer 5.1.1 released on 9 March or an older version of sph-sgminer 4.1. I just get this message:

Code:
[20:43:11] Pool 0 slow/down or URL or credentials invalid

But I'm pretty sure it was working before I updated client. Is there a special switch in sgminer for newer clients? Need a newer sgminer?

When I use debug mode on old sph-sgminer I get this output (debug mode on new sgminer causes it to immediately crash):

Code:
[20:46:07] Pushing sem post to thread 1
[20:46:07] Probing for an alive pool
[20:46:07] Testing Pool 0
[20:46:07] Probing for GBT support
[20:46:07] No GBT coinbase + append support found, using getwork protocol
[20:46:07] HTTP request failed: The requested URL returned error: 404 Not Found
[20:46:07] Succeeded delayed connect
[20:46:07] Socket closed waiting in recv_line
[20:46:07] Closing socket for stratum Pool 0
[20:46:07] Failed to parse a \n terminated string in recv_line
[20:46:07] Initiating stratum failed on Pool 0
[20:46:07] Suspending stratum on Pool 0
[20:46:07] Closing socket for stratum Pool 0
[20:46:07] FAILED to retrieve work from Pool 0
[20:46:07] Pool 0 slow/down or URL or credentials invalid
[20:46:07] Waiting on sem in miner thread
[20:46:07] Popping work from get queue to get work
[20:46:17] Waiting for work to be available from pools.

Also, I changed GroestlCoin.conf to groestlcoin.conf, even though I'm not sure that really matters on windows.

Also, also, I'm able to make an rpc call to 127.0.0.1:1441 successfully using curl, so the wallet conf seems setup correctly...

Exactly what he said.
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