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Topic: GRAFT - Universal Payment Processing Network - page 87. (Read 84390 times)

full member
Activity: 616
Merit: 118
ico sold finish...
member
Activity: 297
Merit: 10
@Atomicc, Totally false. Check your maths and then look at how much 1 kH/s/day costs for Cryptonight at any mining rental site (now, not 1 month ago) and how many grft you can turn daily, then compare it to the ICO price. Still hugely overpriced despite higher diff.

Opening mining during ICO was the first sign that it's a scam, then pricing the ICO at 10x the price via mining (why would anyone buy in the ICO instead of renting hashpower?) kind of sealed it. I feel sorry for those who bought ICO coins. But then again, this is crypto ... victims are a necessity for success.
member
Activity: 301
Merit: 31

Have a look at the ICO page:

- outrageously overpriced ICO (mining it is orders of magnitude cheaper, why would anyone want to buy in the ICO?)
- unsuccessful ICO (92 mil available to sell, only 22 mil sold) ... no surprise here. In fact, 22 mil is already too much.
- a hell of a lot of coins go to the team in some form (4+8+27% reserves - seriously?)
- mentions ICO cap in USD, but ICO priced in BTC.
- a long series of unverifiable (surreal?) claims, e.g. claims to have already achieved: 140 merchants for the mobile wallet, 40 partners on terminal integration, etc ... Wow, and this coin isn't even on any exchange. Why do you think they don't name any single one of those merchants/partners? (rhetorical question)
- team put forward a pool with 0.01% fee because "we want to help the community, we don't want money for ourselves". When their pool reached a few MH/s, guess what happened to that 0.01% fee? It became 1%.
Good luck to those who actually bought in this ICO.
p.s. Has anyone asked all advisors about it (scammy ICOs slap on names all the time)? Though this looks like a Ukraine get-together, international footprint is minimal at best.

You are right, on the beginning ICO price was too high compared to mining, and earlyadopter miners could mine a lot of Grafts. Today network is around 47MH/s, and diff around 5.7 billions. So, Graft today is close to another mining coins profitability. Miners will not sell it for extra cheap. There was a lot private transactions on social networks, and people are paying for Grafts. With this strategy developers attract a lot of miners and show that they believe in their project.

If You remember Electroneum (ETN), it was the real mining hysteria when mining starts. During the first night of mining, it was also an extra profitable mining, but after 10 days it becomes close to another coins. There were also a lot of haters who told that the miners get the extra cheap ETNs, that the price will drop etc. When the coin reach the exchange ICO buyers will have 6x profit on their investment (today 8.5x)!!! Despite of blocked wallets for ICO buyers etc...and ETN still have a big mining community.

Is ICO succesful or not, it is hard to say, but this project have a real potential as a payment processor for microtransactions. With Graft ecosystem it will be sustainable to by even a single chewing gum  with crypto or card. This project can make a real help to adopt the crypto in real retail payments.

I hope that developers collect enough resources  in this ICO to make this project live and prosper.

Maybe, there were some mistakes in communications with investors, but I believe in final result. Check the LinkedIN profiles of GRAFT team and advisors, respectable names and careers.
newbie
Activity: 91
Merit: 0
i cant find the aap in app store, is it removed?
newbie
Activity: 210
Merit: 0
There seems to be some over hype surrounding this coin. I hope it doesn't end up flopping like SmartCash.
And what happened to the smart?
member
Activity: 297
Merit: 10
There seems to be some over hype surrounding this coin. I hope it doesn't end up flopping like SmartCash.

Have a look at the ICO page:

- outrageously overpriced ICO (mining it is orders of magnitude cheaper, why would anyone want to buy in the ICO?)
- unsuccessful ICO (92 mil available to sell, only 22 mil sold) ... no surprise here. In fact, 22 mil is already too much.
- a hell of a lot of coins go to the team in some form (4+8+27% reserves - seriously?)
- mentions ICO cap in USD, but ICO priced in BTC.
- a long series of unverifiable (surreal?) claims, e.g. claims to have already achieved: 140 merchants for the mobile wallet, 40 partners on terminal integration, etc ... Wow, and this coin isn't even on any exchange. Why do you think they don't name any single one of those merchants/partners? (rhetorical question)
- team put forward a pool with 0.01% fee because "we want to help the community, we don't want money for ourselves". When their pool reached a few MH/s, guess what happened to that 0.01% fee? It became 1%.

Good luck to those who actually bought in this ICO.

p.s. Has anyone asked all advisors about it (scammy ICOs slap on names all the time)? Though this looks like a Ukraine get-together, international footprint is minimal at best.
newbie
Activity: 14
Merit: 0
Where is this coin now where the wallet can be traded is sent to the blank
newbie
Activity: 42
Merit: 0
Is there a page that shows GRAFT mining pools according to hashpower? Right now I know 2 bigger pools Hashrate:

graftpool.net
www.graftpool.online

But they make a total of around 13 MH/s, so does the extra 23 MH/s come from individual miners/small pools?

EDIT: Ok, found a big one https://easyhash.io/graft


 



http://grafttool.com/graft-pool-stats
newbie
Activity: 45
Merit: 0
Where can I download the mining procedure? Are there any requirements for mining?
Who can give me a link to mine? thank you


if you do not have a rig for mining, you can join the forum at https://bitcointalksearch.org/topic/building-a-mining-rig-9036 for how to build a rig,
and if you already have a rig, you can start it in the https://graft.hashvault.pro/en/#!/help/getting_started, or another pool
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
I try to start graft mining, hope this is not useless
i think it will not be in useless if you do well and don't think bad if you have not done it yet
all depends on yourself, it seems you're afraid of failing and have experienced it but you must still optimistic
full member
Activity: 347
Merit: 111
Where can I download the mining procedure? Are there any requirements for mining?
Who can give me a link to mine? thank you
newbie
Activity: 45
Merit: 0
I try to start graft mining, hope this is not useless
full member
Activity: 391
Merit: 105
There seems to be some over hype surrounding this coin. I hope it doesn't end up flopping like SmartCash.
newbie
Activity: 7
Merit: 0
^^^ What they said
newbie
Activity: 27
Merit: 1
Is there any news with Exchanges Graft is in Contact with ?
newbie
Activity: 6
Merit: 1
Ubuntu 16 wallet /daemon doesn't work:

xxx@nodevm:~/GraftNetwork-1.0.1$ ./graftnoded –detach
Illegal instruction

 will try compiling from sources


If this is a virtual machine (as the name "nodevm" suggests), consider setting VM's processor to "host" in the config.
ik
newbie
Activity: 4
Merit: 0
Ubuntu 16 wallet /daemon doesn't work:

xxx@nodevm:~/GraftNetwork-1.0.1$ ./graftnoded –detach
Illegal instruction

 will try compiling from sources
newbie
Activity: 35
Merit: 0
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newbie
Activity: 123
Merit: 0
mining difficulty is getting insane. the interest is huge

Because this is lifetime chance to mine and then stake  Cool
full member
Activity: 308
Merit: 109
I have just joined the ICO. Could you please send 100 times tokens when handing out the GRAFT? How can I join the mine? Besides, when is the fastest time to communicate?
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