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Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 260. (Read 558212 times)

newbie
Activity: 20
Merit: 0
Bạn Hạo Nam chơi chiêu khích tướng hả?. He he
^^ Đi đâu cũng thấy bác vậy vl  Grin
Thằng phát triển coin ngu quá phải góp ý thôi
Peace in happiness ^^

sr. member
Activity: 294
Merit: 250
Bạn Hạo Nam chơi chiêu khích tướng hả?. He he
newbie
Activity: 20
Merit: 0

gruve_p , if you haven't skill to improve this coin , plz ask or learn about this , or talent person who can lead this coin
A great coin can't be lead by a child , right ?
hero member
Activity: 826
Merit: 1000
see my profile
bittrex early bird optimists
meanwhile these are the nxt-e prices

Why optimists?  I really don't get this scene anymore. When a coin is new, a price can be created.

But some miners do not even want to create attractive prices anymore, they undersell each other - so far below what is a nice price. And then you don't even earn enough to pay the electricity. Makes no sense.

Back in the old days (i.e. 10 weeks ago), when GPU mining of PoW coins was still worthwhile, a coin started to be interesting when 1 MH/s (scrypt) could create an equivalent of about 2 million Satoshis per day. In the first days or even weeks of a coinstart, especially with a new algorithm, (much) more than that, sometimes.

But now look at this:

If my preliminary calculations are right,
2 million Satoshi worth of coins per day
with 1 MH/s scrypt hardware would
need 2506 Satoshi per Groestlcoin
at the current Groestl-difficulty of 88.3 .

Dumping the coin now for one sixth of that ... is destructive.
Even if the electricity consumption is only 50% (which by the way is fantastic, thank you devs, for this algo!).

The difficulty must rise and rise and rise, that is good for the security of the coin - but will the price rise even faster? I doubt it.

Miner, educate yourself better! Learn what you need to know otherwise you cut the branch you are sitting on! And all of us fall - because of you.

 Wink


EDIT: changed some words, took the anger out :-)

I agree with you, many miners are stupid. I can't understand why they are sold at a low price.
A good coin as GRS must be traded on the larger exchange with intelligent miners.

So let's turn this around. Sorry myself for having called that stupid. It's ... lack of knowledge.

There is a tiny last chance ... if we educate as many as possible about what they need to know.

Three first ideas:

  • ! --> The mining price relates difficulty, block reward, and hashrate - to daily earnings.  Newbie-Miner, please study this.

  • ! --> Wolfpack strategies (see insanitycoin debates "I was amazed that people ..." ):
    If someone wants to be eaten and sells low, single him out,
    but don't run after him and give him support by going low yourself.

  • ! --> your idea. What else could be done?

hero member
Activity: 784
Merit: 501
Directly scanning the executable, we get this:

https://www.virustotal.com/en/file/4b379c93d3f712fbc48687f672ee517a3034ad5a9bd48905744aa87371517d7a/analysis/

Code:
SHA256: 4b379c93d3f712fbc48687f672ee517a3034ad5a9bd48905744aa87371517d7a
File name: sgminer.exe
Detection ratio: 3 / 51
Analysis date: 2014-03-26 04:08:11 UTC ( 1 week, 1 day ago )

with two detections of a miner:

Code:
AntiVir APPL/Bitcoinminer.Gen 20140326
ESET-NOD32 a variant of Win32/BitCoinMiner.BF 20140326

and a heuristics hit:

Code:
McAfee-GW-Edition Heuristic.LooksLike.Win32.Suspicious.J!88 20140326

which appears often, also, but not only, in cgminer:  Heuristic.LooksLike.Win32.Suspicious.J!88

?


Miners always show up as positives because some trojans use them to mine coins for botnets. You can exclude them in your AV software though.
sr. member
Activity: 294
Merit: 250
bittrex early bird optimists
meanwhile these are the nxt-e prices

Why optimists?  I really don't get this scene anymore. When a coin is new, a new price can actually be created, but some miners do not even want to create profitable prices anymore, they undersell themselves - so far below what is a nice price. And then you don't even earn enough to pay the electricity. Stupid.

Only a few weeks ago, a coin was profitable when 1 MH/s (scrypt) could create about 2 million Satoshi per day. In the first days or weeks even (much) more than that sometimes.

If my preliminary calculations are right,
2 million Satoshi per day
with 1 MH/s scrypt hardware would
need 2400 Satoshi per Groestlcoin
at the current Groestl-difficulty of 88.

Dumping the coin now for one sixth of that ... is plain destructive.
Even if the electricity consumption is only 50%.

The difficulty will rise and rise and rise, and that is good for the coin - but will the price rise even faster? I doubt it.

Miner, don't be stupid!

 Wink

I agree with you, many miners are stupid. I can't understand why they are sold at a low price.
A good coin as GRS must be traded on the larger exchange with intelligent miners.
hero member
Activity: 826
Merit: 1000
see my profile
bittrex early bird optimists
meanwhile these are the nxt-e prices

Why optimists?  I really don't get this scene anymore. When a coin is new, a price can be created.

But some miners do not even want to create attractive prices anymore, they undersell each other - so far below what is a nice price. And then you don't even earn enough to pay the electricity. Makes no sense.

Back in the old days (i.e. 10 weeks ago), when GPU mining of PoW coins was still worthwhile, a coin started to be interesting when 1 MH/s (scrypt) could create an equivalent of about 2 million Satoshis per day. In the first days or even weeks of a coinstart, especially with a new algorithm, (much) more than that, sometimes.

But now look at this:

If my preliminary calculations are right,
2 million Satoshi worth of coins per day
with 1 MH/s scrypt hardware would
need 2506 Satoshi per Groestlcoin
at the current Groestl-difficulty of 88.3 .

Dumping the coin now for one sixth of that ... is destructive.
Even if the electricity consumption is only 50% (which by the way is fantastic, thank you devs, for this algo!).

The difficulty must rise and rise and rise, that is good for the security of the coin - but will the price rise even faster? I doubt it.

Miner, educate yourself better! Learn what you need to know otherwise you cut the branch you are sitting on! And all of us fall - because of you.

 Wink


EDIT: changed some words, took the anger out :-)
newbie
Activity: 19
Merit: 0
Twitter account is up as of today:

https://twitter.com/GroestlcoinTeam

Start following and supporting your community!  Grin

hero member
Activity: 826
Merit: 1000
see my profile
Directly scanning the executable, we get this:

https://www.virustotal.com/en/file/4b379c93d3f712fbc48687f672ee517a3034ad5a9bd48905744aa87371517d7a/analysis/

Code:
SHA256:	4b379c93d3f712fbc48687f672ee517a3034ad5a9bd48905744aa87371517d7a
File name: sgminer.exe
Detection ratio: 3 / 51
Analysis date: 2014-03-26 04:08:11 UTC ( 1 week, 1 day ago )

with two detections of a miner:

Code:
AntiVir	 APPL/Bitcoinminer.Gen	 20140326
ESET-NOD32 a variant of Win32/BitCoinMiner.BF 20140326

and a heuristics hit:

Code:
McAfee-GW-Edition	 Heuristic.LooksLike.Win32.Suspicious.J!88	 20140326

which appears often, also, but not only, in cgminer:  Heuristic.LooksLike.Win32.Suspicious.J!88

?
hero member
Activity: 812
Merit: 1000
GRS currency is good, but the operators of this currency business is garbage, dog feces.
Marketing should let more people know how to operate it, to expand its influence, I hope to start within a week. Look now finally force prices continued to decline. I am very worried, according to the current state of development, this currency will soon die. I believe more and more people will lose confidence. Insisted it would not last long.

If you have a plan, we recommend that the first page is described in detail, so that more people know you, support you.
If you do not plan on subsequent days, I will give it up

A little harsh, but to the point. :-)

Developer, gruve_p, sent me a personal message saying that he currently doesn't have much time to devote to this coin. He would like us to set up a team of developers to promote and improve the coin. He will be supervising and recommending ways to improve.

If you are interested, please PM me, or gruve_p, or just post to this thread.

Also send through your recommendations. I did set up a trello account and set up bounty of 10,000 GRS for improved website design and a post about GRS to some well known forum.

C'mon it's part of the fun!

PS: I myself don't have experience in promoting coins and only started crypto mining/investing in December. But... I'm lead software architect (3D/C++) in a large computer firm, I've got BTC/GRS and time to devote to this. Last year I played clash of clans and and spent about 300 usd on gems :-) This is even more interesting! We're making future! I've gor 4 R9 290 all mining GRS and 3 200ghs AntMiners with which I buy GRS that you dump on nxt-e :-)

I'd like to know what relationship (if any) gruve_p has with the authors of the Groestl paper. Are the authors aware of Groestlcoin and do they support it? Since you are currently the point man please ask him for me.

thanks

btw can gruve_p please post something in this thread to reassure me he is still breathing. cheers.
hero member
Activity: 826
Merit: 1000
see my profile
    -GPU-miner for pools(windows, AMD)
       https://drive.google.com/file/d/0B9cvOfoOekSdM1BLVlY1NWRzQjA/edit?usp=sharing

still 4 (false?) positives for the gpu-DwarfPool-grs.zip miner

Code:
SHA256:	5a6334cf65a0bdd7e48f5b27badec5dd388e0f6e9dd8895c75977720c96497b2
File name: gpu-DwarfPool-grs.zip
Detection ratio: 4 / 51
Analysis date: 2014-03-26 04:07:07 UTC ( 1 week, 1 day ago )

https://www.virustotal.com/en/file/5a6334cf65a0bdd7e48f5b27badec5dd388e0f6e9dd8895c75977720c96497b2/analysis/

three of which discover it is a miner *g*

Code:
AntiVir	 APPL/Bitcoinminer.Gen	 20140326
DrWeb Tool.BtcMine.141 20140326
ESET-NOD32 a variant of Win32/BitCoinMiner.BF 20140326

but one speaking of a "TROJAN":
Code:
TrendMicro-HouseCall	 TROJ_GE.48818833	 20140326

And that one appears not only in miner software: TROJ_GE.48818833

Not suspecting anything malicious ... just checking ...

hero member
Activity: 826
Merit: 1000
see my profile
LINUX manual -COMPILE the WALLETd in the CLOUD

now also with details for Groestl coin: https://bitcointalksearch.org/topic/m.6048404 (posting #23)

* your wallet in the cloud, 24/7 on
* just buy yourself a 5$/month VPS droplet:
* digitalocean http://tiny.cc/digocean NL USA Singapur

* Debian 7 (or Ubuntu 12 but then you'd support the Unity spyware)
* you can also run other tools like block explorer, CPU-miner etc.
* for an easy start into the linux world, safer & less NSA backdoors?
* to learn for future coinstarts: already have a wallet when windows user don't have a wallet yet
* a walletd uses ~ 1% cpu power, you can have many on one VPS

Any hint to improve the manual is highly appreciated.

#

Tip me Groestl coins for my work: FstNLSjkh4xJjoiCRd24hw8tKoun8pFrux  thx
full member
Activity: 229
Merit: 100
my GRS buy orders is about 300, and i will sell soon not less 1500
sr. member
Activity: 434
Merit: 250
bittrex early bird optimists



meanwhile these are the nxt-e prices




Everyone does that on a new coin.
legendary
Activity: 2688
Merit: 1240
If you're looking for a reliable, fair Pool:

https://grs.suprnova.cc

Still lots of free slots for miners, hop in, we're finding blocks on a regular basis and got all the Googles.

Our Daemon is patched against the various fake share attacks, You really get What You mine.
newbie
Activity: 30
Merit: 0
sr. member
Activity: 266
Merit: 250
GRS currency is good, but the operators of this currency business is garbage, dog feces.
Marketing should let more people know how to operate it, to expand its influence, I hope to start within a week. Look now finally force prices continued to decline. I am very worried, according to the current state of development, this currency will soon die. I believe more and more people will lose confidence. Insisted it would not last long.

If you have a plan, we recommend that the first page is described in detail, so that more people know you, support you.
If you do not plan on subsequent days, I will give it up

A little harsh, but to the point. :-)

Developer, gruve_p, sent me a personal message saying that he currently doesn't have much time to devote to this coin. He would like us to set up a team of developers to promote and improve the coin. He will be supervising and recommending ways to improve.

If you are interested, please PM me, or gruve_p, or just post to this thread.

Also send through your recommendations. I did set up a trello account and set up bounty of 10,000 GRS for improved website design and a post about GRS to some well known forum.

C'mon it's part of the fun!

PS: I myself don't have experience in promoting coins and only started crypto mining/investing in December. But... I'm lead software architect (3D/C++) in a large computer firm, I've got BTC/GRS and time to devote to this. Last year I played clash of clans and and spent about 300 usd on gems :-) This is even more interesting! We're making future! I've gor 4 R9 290 all mining GRS and 3 200ghs AntMiners with which I buy GRS that you dump on nxt-e :-)
newbie
Activity: 11
Merit: 0
Awesome Richie, thanks for responding favorably, cheers  Smiley
hero member
Activity: 937
Merit: 1000
Got a couple of requests that you guys needed a real exchange Wink

No voting, no donations necessary... Happy trading Smiley

https://www.bittrex.com/Market/Index?MarketName=BTC-GRS

Thanks,
Richie
newbie
Activity: 30
Merit: 0
Is there a reason why the logo is G2?  Wink

The logo is a Scrabble™ game piece.

https://i.imgur.com/qIMPwMj.jpg

I thought it was clever, but  I'm not sure if Milton Bradley's lawyers would approve.
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