Should I mine Grin coin ? Please enlightened me.

h311m4n

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Quote from: huntingthesnark on January 24, 2019, 10:14:50 AM

Quote from: h311m4n on January 24, 2019, 08:17:23 AM

Quote from: Ragnartron on January 24, 2019, 07:57:07 AM

Difficulty rising little bit. It is going up as times passes.
I think you should mine it and get some of those coins.

Right now only 8GB+ gpus work fine. Big farms that have 4Gb cards are probably not switching to grin at the moment, especially if on Windows. As better mining software comes out allow older cards to mine Grin properly, difficulty will continue to rise. There were talks in the grin forum about delaying the use of 6Gb cards to prevent those diff spikes.

Also be prepared to install the wallet about 16million times, cos it's about as user-friendly as drinking battery acid.

Haha, yeah the wallet kinda sucks, and only MacOS and linux atm. But you don't need the wallet to mine.

You only need to mine on the pool, request a payout, upload the transaction file to TO which will produce a response file you upload back to the pool and you coins will be deposited on TO.

huntingthesnark

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Quote from: h311m4n on January 24, 2019, 08:17:23 AM

Quote from: Ragnartron on January 24, 2019, 07:57:07 AM

Difficulty rising little bit. It is going up as times passes.
I think you should mine it and get some of those coins.

Right now only 8GB+ gpus work fine. Big farms that have 4Gb cards are probably not switching to grin at the moment, especially if on Windows. As better mining software comes out allow older cards to mine Grin properly, difficulty will continue to rise. There were talks in the grin forum about delaying the use of 6Gb cards to prevent those diff spikes.

Also be prepared to install the wallet about 16million times, cos it's about as user-friendly as drinking battery acid.

h311m4n

sr. member

Activity: 487

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Quote from: Ragnartron on January 24, 2019, 07:57:07 AM

Difficulty rising little bit. It is going up as times passes.
I think you should mine it and get some of those coins.

Right now only 8GB+ gpus work fine. Big farms that have 4Gb cards are probably not switching to grin at the moment, especially if on Windows. As better mining software comes out allow older cards to mine Grin properly, difficulty will continue to rise. There were talks in the grin forum about delaying the use of 6Gb cards to prevent those diff spikes.

Ragnartron

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Difficulty rising little bit. It is going up as times passes.
I think you should mine it and get some of those coins.

romelitounknown

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Quote from: stomachgrowls on January 23, 2019, 07:51:36 AM

Quote from: romelitounknown on January 23, 2019, 06:42:37 AM

Quote from: h311m4n on January 23, 2019, 03:21:02 AM

Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

On my rigs, grin actually uses less power than cryptonote which is a good thing.

The only problem is that you will need 8Gb + cards if you are on windows 10, 4Gb and 6Gb cards don't work. I've read you can get the 6Gb cards to work if you revert to Windows 7. The issue being that on Windows 10, the OS reserves part of the GPUs memory, and Grin needs as much of the memory free as possible.

You can get 4Gb and up cards to work on Linux with minerbabe distro it seems, haven't had time to try it yet.

Miner support isn't really great on Grin atm if I'm honest.

Wow so I really need a 8gb gpu to smoothly mine grin, well thank you for the heads up.

Not necessarily just like been said above by h311m4n when you are on windows 10 then 8gb but going on lower gb's will need to revert windows edition.

Im not saying this coin isnt good to mine. Each of us would have the jurisdiction as long this would fit into your interest on mining it then why not?

You're right i agree, anyway i really wanted to give it a try mining grin. Lots of thanks guys.

romelitounknown

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Quote from: nc50lc on January 23, 2019, 10:18:04 PM

Hey, look at this thread from the Meta Board (by theymos himself): grin is now accepted for forum payments

If you read the post, you'll understand that our admin endorses it and apparently, there's a really high chance that it will be successful after a few months of liquidity (since there's only a few exchange had listed Grin).
As far as I know, there's one (can't say successful) coin that was endorsed by him that was pumped a lot and made some millionaires.
This will surely be the case to Grin on the first few months/year of release, but will not reach as high as Bitcoin's price due to its design (flaws?).

Personally, it's worth the time and money to mine a few before everyone join the inevitable bandwagon hype.

Quote from: h311m4n on January 23, 2019, 06:01:47 AM

Well I'm not mining it to hold it anyway. Most projects are overhyped anyway, but it's always nice to get something different to mine.

Right, and if you're into trading.... you know that "overhyped" is a very good sign.

Yes these overhyping is what i am looking for. Thank you for such different sightings about grin.

romelitounknown

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Quote from: swogerino on January 24, 2019, 03:20:18 AM

Grin is a coin who needs powerful cards and as long you have powerful cards I think there are more profitable other coins to mine than grin at the moment. Another minus is that this coin is with infinite supply which means it is more or less like a fiat currency which can be printed whenever is needed and I don't like this idea.

Anyway it is up to you to try and mine it and if you like it, it is only natural then that you will keep mining it.

Great thank you for such insights i'll take note of that.

dragonmike

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Has anyone found a miner that will support C31 on Windows? So far the only C31 miner I found only works on Linux... :-/

h311m4n

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Quote from: swogerino on January 24, 2019, 03:20:18 AM

Grin is a coin who needs powerful cards and as long you have powerful cards I think there are more profitable other coins to mine than grin at the moment. Another minus is that this coin is with infinite supply which means it is more or less like a fiat currency which can be printed whenever is needed and I don't like this idea.

Anyway it is up to you to try and mine it and if you like it, it is only natural then that you will keep mining it.

Correct me if I'm wrong, but I think ETH has no hard cap either...

swogerino

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Bitcoin Casino Est. 2013

Grin is a coin who needs powerful cards and as long you have powerful cards I think there are more profitable other coins to mine than grin at the moment. Another minus is that this coin is with infinite supply which means it is more or less like a fiat currency which can be printed whenever is needed and I don't like this idea.

Anyway it is up to you to try and mine it and if you like it, it is only natural then that you will keep mining it.

nc50lc

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Self-proclaimed Genius

Hey, look at this thread from the Meta Board (by theymos himself): grin is now accepted for forum payments

If you read the post, you'll understand that our admin endorses it and apparently, there's a really high chance that it will be successful after a few months of liquidity (since there's only a few exchange had listed Grin).
As far as I know, there's one (can't say successful) coin that was endorsed by him that was pumped a lot and made some millionaires.
This will surely be the case to Grin on the first few months/year of release, but will not reach as high as Bitcoin's price due to its design (flaws?).

Personally, it's worth the time and money to mine a few before everyone join the inevitable bandwagon hype.

Quote from: h311m4n on January 23, 2019, 06:01:47 AM

Well I'm not mining it to hold it anyway. Most projects are overhyped anyway, but it's always nice to get something different to mine.

Right, and if you're into trading.... you know that "overhyped" is a very good sign.

Marvell2

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My question is it better to mine c31 with 1080tis or c29

There’s really no real explanation of the pros or cons, I have a mix of 1080tis and 1070tis and 1070s all on win 10

wheelz1200

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Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

It's really a loaded question. What gear do you have? Are you going to mine and hold or mine and flip for btc, etc. Too many variables to answer yes or no to. It does seem to be the *hot* coin to mine right now though.

BitcoinGirl.Club

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Quote from: NeuroticFish on January 23, 2019, 02:20:51 AM

I think that I've read somewhere that Grin is inflationary coin, with infinite supply.
If it's so, it may not be a great investment (see Dogecoin, for example).

On the other hand, since it's a project with so much support, it is nice to be part of it.

It is a coin with infinite supply. By the way, the coin was endorsed by the admin of this forum meaning there are something here. OP do your own due diligence before investing money in there. Also find the answers you were asked here:

Quote from: OgNasty on January 23, 2019, 01:52:21 AM

Do you need the heat? Would you enjoy mining grin? Do you think grin will become valuable?

stomachgrowls

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Quote from: romelitounknown on January 23, 2019, 06:42:37 AM

Quote from: h311m4n on January 23, 2019, 03:21:02 AM

Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

On my rigs, grin actually uses less power than cryptonote which is a good thing.

The only problem is that you will need 8Gb + cards if you are on windows 10, 4Gb and 6Gb cards don't work. I've read you can get the 6Gb cards to work if you revert to Windows 7. The issue being that on Windows 10, the OS reserves part of the GPUs memory, and Grin needs as much of the memory free as possible.

You can get 4Gb and up cards to work on Linux with minerbabe distro it seems, haven't had time to try it yet.

Miner support isn't really great on Grin atm if I'm honest.

Wow so I really need a 8gb gpu to smoothly mine grin, well thank you for the heads up.

Not necessarily just like been said above by h311m4n when you are on windows 10 then 8gb but going on lower gb's will need to revert windows edition.

Im not saying this coin isnt good to mine. Each of us would have the jurisdiction as long this would fit into your interest on mining it then why not?

MinedTangerine

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Activity: 308

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Quote from: romelitounknown on January 23, 2019, 06:42:37 AM

Quote from: h311m4n on January 23, 2019, 03:21:02 AM

Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

On my rigs, grin actually uses less power than cryptonote which is a good thing.

The only problem is that you will need 8Gb + cards if you are on windows 10, 4Gb and 6Gb cards don't work. I've read you can get the 6Gb cards to work if you revert to Windows 7. The issue being that on Windows 10, the OS reserves part of the GPUs memory, and Grin needs as much of the memory free as possible.

You can get 4Gb and up cards to work on Linux with minerbabe distro it seems, haven't had time to try it yet.

Miner support isn't really great on Grin atm if I'm honest.

Wow so I really need a 8gb gpu to smoothly mine grin, well thank you for the heads up.

Yes, actually Saphire will soon release a 16GB RX 570 that will be able to mine both algos. The GPU also needs 8GB and the ASIC friendly one 11GB if I recall correctly.

romelitounknown

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Quote from: h311m4n on January 23, 2019, 03:21:02 AM

Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

On my rigs, grin actually uses less power than cryptonote which is a good thing.

The only problem is that you will need 8Gb + cards if you are on windows 10, 4Gb and 6Gb cards don't work. I've read you can get the 6Gb cards to work if you revert to Windows 7. The issue being that on Windows 10, the OS reserves part of the GPUs memory, and Grin needs as much of the memory free as possible.

You can get 4Gb and up cards to work on Linux with minerbabe distro it seems, haven't had time to try it yet.

Miner support isn't really great on Grin atm if I'm honest.

Wow so I really need a 8gb gpu to smoothly mine grin, well thank you for the heads up.

MinedTangerine

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Activity: 308

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Quote from: h311m4n on January 23, 2019, 06:01:47 AM

Quote from: MinedTangerine on January 23, 2019, 05:34:29 AM

Quote from: h311m4n on January 23, 2019, 05:03:13 AM

Quote from: x001tk on January 23, 2019, 04:45:07 AM

Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

Only if you have 1080 or 1080Ti
Overwise its not working or not worth it

Hmmm, think you're wrong there mate. 1070s work fine, any AMD card with at least 8Gb works fine too. My 470 8Gb get around 1.5Gbs if I recall, which isn't bad and only half of a 1070ti.

with just 30H/s (that would be 3x 1070tis, 8 RX470 8gb and 3 Vegas) it would yield me 11$ a day. I'd make 11$ a day if I launched my 8 Rigs on XHV/Tube/Graft atm. So it is actually worth it.

Profit wise its currently ok. But its terribly overhyped project that launched half baked. No proper wallet and you need to transfer TXT files around to move coins. Really I mean....
On top of that it has flat emmision forever so it will just inflate and lose value.

Well I'm not mining it to hold it anyway. Most projects are overhyped anyway, but it's always nice to get something different to mine. The transaction files are a bit weird indeed, but it works fine. The most annoying is you need to wait 24h for your coins to be considered mature to be able to cash out from the pool which might make you miss a pump.

Profit wise grin and beam are quite profitable. For grin though you need 8GB cards.

h311m4n

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Activity: 487

Merit: 266

Quote from: MinedTangerine on January 23, 2019, 05:34:29 AM

Quote from: h311m4n on January 23, 2019, 05:03:13 AM

Quote from: x001tk on January 23, 2019, 04:45:07 AM

Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

Only if you have 1080 or 1080Ti
Overwise its not working or not worth it

Hmmm, think you're wrong there mate. 1070s work fine, any AMD card with at least 8Gb works fine too. My 470 8Gb get around 1.5Gbs if I recall, which isn't bad and only half of a 1070ti.

with just 30H/s (that would be 3x 1070tis, 8 RX470 8gb and 3 Vegas) it would yield me 11$ a day. I'd make 11$ a day if I launched my 8 Rigs on XHV/Tube/Graft atm. So it is actually worth it.

Profit wise its currently ok. But its terribly overhyped project that launched half baked. No proper wallet and you need to transfer TXT files around to move coins. Really I mean....
On top of that it has flat emmision forever so it will just inflate and lose value.

Well I'm not mining it to hold it anyway. Most projects are overhyped anyway, but it's always nice to get something different to mine. The transaction files are a bit weird indeed, but it works fine. The most annoying is you need to wait 24h for your coins to be considered mature to be able to cash out from the pool which might make you miss a pump.

MinedTangerine

jr. member

Activity: 308

Merit: 4

Quote from: h311m4n on January 23, 2019, 05:03:13 AM

Quote from: x001tk on January 23, 2019, 04:45:07 AM

Quote from: romelitounknown on January 23, 2019, 01:07:07 AM

I've seen good articles about the new coin Grin, more people are mining grin at the moment . Do you think I should mine grin also?

Only if you have 1080 or 1080Ti
Overwise its not working or not worth it

Hmmm, think you're wrong there mate. 1070s work fine, any AMD card with at least 8Gb works fine too. My 470 8Gb get around 1.5Gbs if I recall, which isn't bad and only half of a 1070ti.

with just 30H/s (that would be 3x 1070tis, 8 RX470 8gb and 3 Vegas) it would yield me 11$ a day. I'd make 11$ a day if I launched my 8 Rigs on XHV/Tube/Graft atm. So it is actually worth it.

Profit wise its currently ok. But its terribly overhyped project that launched half baked. No proper wallet and you need to transfer TXT files around to move coins. Really I mean....
On top of that it has flat emmision forever so it will just inflate and lose value.

Topic: Should I mine Grin coin ? Please enlightened me. (Read 622 times)