[ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 238.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: azhago on April 12, 2014, 04:36:16 AM

Quote from: LTCMAXMYR on April 11, 2014, 10:59:03 PM

I feel very frustrated.
in last two days, i dumped 130k GRS at 700~800 satoshi,it was hard to dig,
and now ,it is even harder,hashrate grows,block reward decrease,
where is my GRS?

Thank you for dumping (and to all dumpers)
I bought a lot, and sold at 3 times the price i bought. But i keep holding all GRS i mined myself. We are far from the optimal prices (6000 satoshi i think) where the coin can stabilize.

You dumped, and complain about the difficulty. You made a mistake. Now, Groestl begin (and it's just the begining) to attract attention. Price and difficulty will continue to grow. If you want to stay in the train, you have to continue mining and buy when it's low.

Any reason for that besides wishful thinking?

Collegestudent

hero member

Activity: 518

Merit: 500

The blockchain is the future

I bought 100K GRS. I can see this coin going back to 2k, its fundementals and coin amt indicate so

coins101

legendary

Activity: 1456

Merit: 1000

A bounty to build a list of all the popular coins with power draw and temps worked out (that is what the bounty would be for, to do the tests professionally) would highlight that this is one of the best GPU miners out there.

If you are mining scrypt, probably at a bit of a loss at the moment, and you fear Scrypt ASICs coming, then building a list to show GRS is cheap to operate, you got in early, you don't need to use extra cooling during the summer and you don't need to sell your GPUs on eBay at the same time as everyone else - then GRS would be very attractive.

superplus

sr. member

Activity: 475

Merit: 500

Quote from: azhago on April 12, 2014, 04:36:16 AM

Quote from: LTCMAXMYR on April 11, 2014, 10:59:03 PM

I feel very frustrated.
in last two days, i dumped 130k GRS at 700~800 satoshi,it was hard to dig,
and now ,it is even harder,hashrate grows,block reward decrease,
where is my GRS?

Thank you for dumping (and to all dumpers)
I bought a lot, and sold at 3 times the price i bought. But i keep holding all GRS i mined myself. We are far from the optimal prices (6000 satoshi i think) where the coin can stabilize.

You dumped, and complain about the difficulty. You made a mistake. Now, Groestl begin (and it's just the begining) to attract attention. Price and difficulty will continue to grow. If you want to stay in the train, you have to continue mining and buy when it's low.

+1
i thought there will be alot more dump, so i sold also mine at the beginning ;/
never thought the big miners will hold that thight, especially with 50k grs a day at the bedinning ^^ anyway got my coins back with some loss

azhago

full member

Activity: 182

Merit: 100

Quote from: LTCMAXMYR on April 11, 2014, 10:59:03 PM

I feel very frustrated.
in last two days, i dumped 130k GRS at 700~800 satoshi,it was hard to dig,
and now ,it is even harder,hashrate grows,block reward decrease,
where is my GRS?

Thank you for dumping (and to all dumpers)
I bought a lot, and sold at 3 times the price i bought. But i keep holding all GRS i mined myself. We are far from the optimal prices (6000 satoshi i think) where the coin can stabilize.

You dumped, and complain about the difficulty. You made a mistake. Now, Groestl begin (and it's just the begining) to attract attention. Price and difficulty will continue to grow. If you want to stay in the train, you have to continue mining and buy when it's low.

Theodor Pohlmann

newbie

Activity: 42

Merit: 0

Just added another image for the EU Region

gitrix

newbie

Activity: 45

Merit: 0

GroestlCoin at http://whatmine.com Cheesy

tygarbyte

sr. member

Activity: 300

Merit: 250

4mnth old Miner :-)

Quote from: LTCMAXMYR on April 11, 2014, 10:59:03 PM

I feel very frustrated.
in last two days, i dumped 130k GRS at 700~800 satoshi,it was hard to dig,
and now ,it is even harder,hashrate grows,block reward decrease,
where is my GRS?

Where is your GRS? umm you sold it.

that's why you hold and only sell when you think its worth what you want for it, i'll wait for 8k sat. At one point people were selling for around 500 sat so you just have to wait if it drop and buy in again.

soo did you learn your lesson.

Manwe

full member

Activity: 196

Merit: 100

Quote from: LTCMAXMYR on April 11, 2014, 10:59:03 PM

I feel very frustrated.
in last two days, i dumped 130k GRS at 700~800 satoshi,it was hard to dig,
and now ,it is even harder,hashrate grows,block reward decrease,
where is my GRS?

Miner means dumper, you deserve.

podizzle

hero member

Activity: 535

Merit: 500

Quote from: LTCMAXMYR on April 11, 2014, 10:59:03 PM

I feel very frustrated.
in last two days, i dumped 130k GRS at 700~800 satoshi,it was hard to dig,
and now ,it is even harder,hashrate grows,block reward decrease,
where is my GRS?

its called rising difficulty noob

srcxxx

sr. member

Activity: 266

Merit: 250

Quote from: coins101 on April 11, 2014, 08:29:56 PM

on coinmarketcap already

LTCMAXMYR

hero member

Activity: 609

Merit: 500

DMD,XZC

I feel very frustrated.
in last two days, i dumped 130k GRS at 700~800 satoshi,it was hard to dig,
and now ,it is even harder,hashrate grows,block reward decrease,
where is my GRS?

ddwy758

full member

Activity: 121

Merit: 100

Very very strong !

Equate

hero member

Activity: 770

Merit: 500

Rise and fall is going on Mintpal

spatula

hero member

Activity: 507

Merit: 500

Quote from: srcxxx on April 11, 2014, 07:27:38 PM

Please support GroestlCoin by donating to FYEAbFBG3xY5VUtE9GXC56v5UKt4xkoUkb. And thank you to those, who already have donated (4,000 GRS so far). All GRS will go towards coin promotion, bounties, etc.

New list of bounties:

5,000 GRS for making Win32 CPU miner as fast as Win64
10,000 GRS for making ARM CPU miner that will work on Android tablets/phones
15,000 GRS for making Win32 and/or Win64 CPU miner achieve 5 MH/s on stock desktop processor with stock cooler (i.e. no Xeons, and no nitrogen).

(can be found on http://www.groestlcoin.org/future/ page)

PS: For those who ask where's the 0.5BTC for optimized CPU miner bounty... This was set by previous developer and I'm not sure how he was planning to fund it (he didn't reply to my email and PM on this topic either). I cannot pay this amount from my own pocket, so I have to remove it from the list. Thanks for understanding.

I'll throw in an additional 15,000 GRS to help encourage development of a super optimized cpu miner.

coins101

legendary

Activity: 1456

Merit: 1000

on coinmarketcap already

srcxxx

sr. member

Activity: 266

Merit: 250

Please support GroestlCoin by donating to FYEAbFBG3xY5VUtE9GXC56v5UKt4xkoUkb. And thank you to those, who already have donated (4,000 GRS so far). All GRS will go towards coin promotion, bounties, etc.

New list of bounties:

5,000 GRS for making Win32 CPU miner as fast as Win64
10,000 GRS for making ARM CPU miner that will work on Android tablets/phones
15,000 GRS for making Win32 and/or Win64 CPU miner achieve 5 MH/s on stock desktop processor with stock cooler (i.e. no Xeons, and no nitrogen).

(can be found on http://www.groestlcoin.org/future/ page)

PS: For those who ask where's the 0.5BTC for optimized CPU miner bounty... This was set by previous developer and I'm not sure how he was planning to fund it (he didn't reply to my email and PM on this topic either). I cannot pay this amount from my own pocket, so I have to remove it from the list. Thanks for understanding.

srcxxx

sr. member

Activity: 266

Merit: 250

Hi Groestlers!

It's the dev.

I've been working on updated wallet and I believe it is almost ready for release. Just needs testing.

Here's the list of changed files: https://github.com/GroestlCoin/GroestlCoin/pull/4/files

And here's the list of changes:
* Fixed OpenSSL HeartBleed vulnerability (switched to OpenSSL 1.0.1g)
* Fixed blockchain source not available (by updating default .conf)
* Added checkpoint at block 28888
* Added missing FugueCoin copyrights

Could someone try to compile this for Win/Mac/Linux and test?
If all is ok, I will pull these changes to the main git GroestlCoin repo.

Thanks,
srcxxx

child_harold

hero member

Activity: 812

Merit: 1000

IMO

The ultimate PoW algo (which Grøstl is) should keep a level playing field between device platforms. Miners could simultaneously mine the coin either with an android phone (arm processor), or a GPU (nvidia or amd), or an Intel x86 CPU or an ASIC and evreybody gets a fair distribution of coins relative to energy spent.

Groestlcoin is closer to this with the Grøstl algo than any other crytpo today.

It's a big deal.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: child_harold on April 11, 2014, 04:40:10 PM

Quote from: Manwe on April 11, 2014, 04:34:10 PM

WOW, MINTPAL, what a stupid choice, you will get nothing more than dumpers! GRS will be dead like HIRO.

Based on this coin's compelling algo which works well on multiple platforms it has a bright future. Any short-term dumping on Mintpal will only test the resilience of this mining community, which is strong enough to ride through.

Good performance on many platforms combined with lowered ASIC advantage is the ultimate goal of a PoW algo. Grøstl does it better than any other algo in crypto mining today.

What the hell? We stayed loyal and continued mining even without a dev for two weeks!
Wink

p.s. HIC! is the sound Godzilla makes when he chokes on a plane Grin

As one of the most efficient GPU coins, GRS will do very well with Scrypt miners. I mined it for 24 hours to test it against x11 and the efficiency, lower fan noise and lower heat generation was excellent.

Come the summer, this will be a great choice for many miners.

Just my view.

I don't mine GRS at the moment, only because I mine DRK. I still hold GRS.

Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 238. (Read 558212 times)