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Author Topic: [ANN][GRA] Graincoin - New PoW/PoS coin | Fast, secure | Version 1.5 Released!  (Read 176974 times)
mkimid
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January 16, 2014, 04:21:13 AM
 #1841

Today, coin value at CoinedUp

0.00000015 BTC/GRA
0.00000350 LTC/GRA

Daily coin : 15,000 per Mh/s

Daily income : 0.00255BTC or 0.0525LTC

W/ free coin from Dev : 0.00765BTC or 0.1575LTC

If mining LTC, 0.2558LTC

So, income with GRA, is much lower than LTC mining,
But, i believe it will catch up soon ~

Have a nice day
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bee7
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January 16, 2014, 05:14:52 AM
Last edit: January 16, 2014, 05:35:21 AM by bee7
 #1842

Today, coin value at CoinedUp

0.00000015 BTC/GRA
0.00000350 LTC/GRA

Daily coin : 15,000 per Mh/s

Daily income : 0.00255BTC or 0.0525LTC

W/ free coin from Dev : 0.00765BTC or 0.1575LTC

If mining LTC, 0.2558LTC

So, income with GRA, is much lower than LTC mining,
But, i believe it will catch up soon ~

Concerning the forkpool HP. May be I totally misread the stats. At the left pane it shows 7.56. Then my math above is completely incorrect. It seems they lost some power recently
Anyway, I prefer to mine solo if it is not a waste of electricity definitely.

As for profit calculations above it is too early to compare the grain with the litecoin IMO. As I noted before the value does not appear from the air. If I start the new coin today, then I make all you mine it for a while and then push it to the cryptsy somehow and nothing else. What will be a rate? Zero.

Is it  undervalued now? Yes, probably is. What all we do if it is two times profitable to mine litecoin? We invest. Will our investment be paid off? It depends on what all of us will be doing. Not only the devs, but all of us.

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January 16, 2014, 07:46:02 AM
 #1843

Wait so whats happening?

It was decided to compensate the PoW miners for the current 'artificially' lifted up PoW difficulty. So, the Idea is following: for each PoW mined block the dev team pays the additional 3k grain to the miner. With solo miners it is simple. It is a bit complicated with pooled miners. Are you capable to accept not only coinbase tx inputs on your "mining" address but also accept regular tx and distribute it accordingly between your miners?
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January 16, 2014, 08:04:12 AM
 #1844

So what if you pay 3k for each block? Last 30 min I hit 4 blocks and 3 of them were orphans... Don't waste your time this coin is DEAD!
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January 16, 2014, 08:16:12 AM
 #1845

So what if you pay 3k for each block? Last 30 min I hit 4 blocks and 3 of them were orphans... Don't waste your time this coin is DEAD!

Then please, by all means, go mine something else. If you think Grain is dead, nobody wants you holding any.  Tongue

I hit 1 block in 6 hours. Turned out to be a superblock with 9664 Grain, though. Not too shabby.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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January 16, 2014, 11:46:20 AM
 #1846

So what if you pay 3k for each block? Last 30 min I hit 4 blocks and 3 of them were orphans... Don't waste your time this coin is DEAD!

Please, send me the rest of your dead coins..

USDe @ reddit Click Here

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January 16, 2014, 12:49:46 PM
 #1847

Today, coin value at CoinedUp

0.00000015 BTC/GRA
0.00000350 LTC/GRA

Daily coin : 15,000 per Mh/s

Daily income : 0.00255BTC or 0.0525LTC

W/ free coin from Dev : 0.00765BTC or 0.1575LTC

If mining LTC, 0.2558LTC

So, income with GRA, is much lower than LTC mining,
But, i believe it will catch up soon ~

Concerning the forkpool HP. May be I totally misread the stats. At the left pane it shows 7.56. Then my math above is completely incorrect. It seems they lost some power recently
Anyway, I prefer to mine solo if it is not a waste of electricity definitely.

As for profit calculations above it is too early to compare the grain with the litecoin IMO. As I noted before the value does not appear from the air. If I start the new coin today, then I make all you mine it for a while and then push it to the cryptsy somehow and nothing else. What will be a rate? Zero.

Is it  undervalued now? Yes, probably is. What all we do if it is two times profitable to mine litecoin? We invest. Will our investment be paid off? It depends on what all of us will be doing. Not only the devs, but all of us.



Unfortunately,
It is the current valuation by the trader now,
Anyway, nobody know the future,
so nobody know how valuation of GRA will be changed in future,
Anyway, I am saying the number which can be found now,


Have a nice day
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January 16, 2014, 03:09:56 PM
 #1848

WOOHOOO 60k Grain an counting. All from mining Smiley

Not that I have anything against people buying into GRA, I just like the feeling knowing I mined them myself Smiley
And for only having 1 video card hashing at around 160k, I think it's not too shabby.

All donations are given to the Universal DBDB Organization
EAC: egokwQAmnNvumsQfMokeV2qKRgJdARY4D4
GRA: 9ECPZJBtbMHyfGikdUzQuf9Z8t6gGbWh5s
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January 16, 2014, 04:37:05 PM
 #1849

I was reading the news today and thinking to myself, how to promote GRA as a feasible alternative to BTC.
Instead of promoting BTC or GRA or an individual coin, promote CryptoCurrencies in general to businesses.

But to do that, the businesses would need a wallet to support various currencies. No business would decide to use Cryptosurrencies if they had to have 14 different wallets.

Is it possible to develop a wallet to support more than one cryptocurrency?

All donations are given to the Universal DBDB Organization
EAC: egokwQAmnNvumsQfMokeV2qKRgJdARY4D4
GRA: 9ECPZJBtbMHyfGikdUzQuf9Z8t6gGbWh5s
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January 16, 2014, 05:38:40 PM
 #1850

Hi Guys.

I want to invest in GRA.
It's worth to invest now?
You think price will go lower than 10 satoshis?
I see good bids.

Any chance to hit cryptsy or another exchange (maybe Chinese?) ?

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January 16, 2014, 06:01:20 PM
 #1851

Hi Guys.

I want to invest in GRA.
It's worth to invest now?
You think price will go lower than 10 satoshis?
I see good bids.

Any chance to hit cryptsy or another exchange (maybe Chinese?) ?



Difficult to say. I personally think it's still undervalued, and that the price will increase. I think for the price, and given the 5% annual interest earned on your grain, it's a good investment. I bought in at 9 Satoshi each, for 1.6 million GRA. I could sell it now for a small profit, however I'm considering my grain a long-term investment.

I don't see why it couldn't get listed on Crypsty. It seems to meet the criteria.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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January 16, 2014, 07:28:17 PM
 #1852

Pool owners (udjin123 and oktasama): we found the number of PoW blocks found by the pools as follows:

Quote
     6 PoW blocks:  9StWjUHMHt3FfQXMKxtcDNRr3h26cKQKtQ oktasama's pool
    222 PoW blocks:  97mHyuMsZC3RyU9p3JiX5xyDpYXDZZUFdj udjin123's forkpool
please confirm that you will distribute the complementary coins to miners, also we need you guys to comfirm the addresses, the pool addresses are always not very clear to me, Grin, so need your confirmation what address we should send. Then we will send the complementary coins to you.

For all the rest, the coins will be sent to you by our script soon.

Each PoW block will entitle 3000 GRAs compensation that we will send out soon (within a day or two). And afterwards this will be done automatically by our script on daily basis, until the issue is fixed or we change 12x to 3x for the pow adjustment. This might take up to a month or so. We don't want immediately another fork.


That's right, i haved checked with the block time and pool's block time.
And, i think 3000 is too small,
Because of x12 has stretched, and, it will go to 3x,

Addtional x3 (12/3 - 1) is the fair amount,

1536 * 3= 4608

And, compensate x8/x64 blocks also ? Just kidding,

In fact, i wish to make the difference way,

Make a big events to get more miner instead of free coin,
It will give us more benefit when consider the long term


mkimid, I like your math, and it makes sense.

After discussions we decided to compensate each PoW block by 5000 GRAs. Wink

The Grain Dev Team cares a lot about our miner community and we want you to be happy.

Of course, we can not sustain the support like this for long term. We will release a new version of Grain this weekend or early next week, targeting a switch over by the end of next week. This new release will change max PoW blocktime from 12X to 3X, so hopefully the issue with PoW will permanently be fixed.

Meantime, please help to promote Grain, we will start a promotion campaign after the issues be fixed.

We are in the process of sending out the complimentary coins, stay tuned Wink
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January 16, 2014, 07:38:00 PM
 #1853

By the way, the block explorer http://coinblockchain.com/grain/ works fine now. Thanks programmer to fix it.
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January 16, 2014, 10:18:04 PM
 #1854

I'll take you up on that offer, bosian. It will make up for the 4-6 orphans I lost yesterday.

Thinking that I may have unfairly judged you and Graincoin, I decided to give it another try. As you can see, my second stint was short lived.

9PJ2Pu8etU91rm72wA1CrBTSTiLuz8g92z




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January 16, 2014, 10:53:15 PM
 #1855

Join the GRAIN. Smiley
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January 17, 2014, 12:39:23 AM
 #1856

Ok, dears.

unfortunately the pool operators did not show any interest, so I implemented the compensation in a way convenient for me. So the additional block rewards will be credited once a day for all past not yet paid matured blocks.

The blocks mined by pools will be paid when pool operators confirm that they will distribute the rewards between miners in a fair way.

Here is the first batch:

Address 94p3gejUZwtMH53GAuFZQsTUmBcEFsdqAv
33 block(s): 107136, 105346, 105348, 102405, 105862, 107399, 107138, 101007, 106435, 100373, 102679, 104858, 106651, 103844, 100262, 100660, 102071, 103616, 103873, 106051, 107206, 101193, 106827, 105421, 100941, 102608, 105570, 107211, 100976, 106771, 105975, 105723, 107134,
Reward: 165000 GRA

Address 97Cr1SmKRBG6TTVo9L7WMNwZYPuoqgjnR4
3 block(s): 100009, 100369, 100231,
Reward: 15000 GRA

Address 98y7GBVuYjs92A1HaAVc94Pn5hzdyqfNL7
15 block(s): 106402, 106571, 106405, 106769, 106408, 106507, 106732, 106446, 106712, 106574, 106742, 106424, 106521, 106524, 106623,
Reward: 75000 GRA

Address 97mHyuMsZC3RyU9p3JiX5xyDpYXDZZUFdj
339 block(s) to be paid

Address 98ibu7sNSQMbmTkDCPfgKydSHF9p2JuecE
2 block(s): 100233, 100244,
Reward: 10000 GRA

Address 9LaTaNvNyH1cvqFb18VubpgD1ETzKGFFpM
2 block(s): 103912, 103900,
Reward: 10000 GRA

Address 9EAV4SyrdKQrs6Gg5s6RHTQW9urmQ3uNcL
76 block(s): 100481, 100866, 104514, 100869, 104838, 106924, 101003, 100877, 100494, 100752, 101009, 100626, 104339, 105492, 103598, 107030, 107106, 106479, 100892, 106525, 106654, 101637, 107056, 107043, 104868, 103463, 105641, 106154, 104108, 103214, 104623, 106160, 103857, 100018, 102021, 101560, 101817, 103994, 100797, 104384, 105921, 104130, 106891, 104205, 100295, 104333, 101705, 106954, 101196, 106317, 100943, 102072, 106962, 105998, 105977, 100828, 107102, 105826, 106899, 105702, 104017, 106343, 103020, 102802, 104430, 105725, 102898, 100467, 106001, 105847, 104953, 101499, 106108, 100605, 105342, 106837,
Reward: 380000 GRA

Address 9LQMhsFJmpL5dWty6qPynj2tPCQDPdXyQR
5 block(s): 104625, 104636, 104869, 104302, 104985,
Reward: 25000 GRA

Address 95QC6rNi7by7AqrSeRKYW6bosL2njQvkrA
55 block(s): 106625, 106626, 102410, 106327, 104078, 104429, 105616, 100120, 100754, 104856, 106138, 106415, 107410, 105785, 106271, 103840, 105640, 104491, 105775, 105776, 105777, 104377, 100795, 104380, 104202, 105534, 104134, 105543, 100940, 105424, 104915, 104021, 105430, 102073, 105432, 105817, 100189, 106960, 106596, 104038, 107409, 101180, 106258, 104427, 104301, 106223, 105201, 105939, 104309, 105974, 105719, 105976, 105724, 105341, 105941,
Reward: 275000 GRA

Address 95PPNLACetPtPEQeVSBBi8JZFYaAU4kqxm
1 block(s): 100997,
Reward: 5000 GRA

Address 9N8KwvfBJsx5Eozgy2hmRAVDTZ444zT5A2
5 block(s): 104219, 101171, 105347, 100782, 100190,
Reward: 25000 GRA

Address 9C98tikfUPaDLLp31SueP2R86hga3RzyTJ
7 block(s): 106593, 106121, 106416, 106801, 106163, 105272, 105881,
Reward: 35000 GRA

Address 9Pq9M7uudhPUT2ABioVK85Dzja3hfgX35F
3 block(s): 105811, 104390, 107207,
Reward: 15000 GRA

Address 9HZGFFL32NvuUnuwjBs7WiVtaobYJkGxmF
5 block(s): 105744, 104033, 106531, 106541, 104126,
Reward: 25000 GRA

Address 9GSWuQJU7qKoqNpqSG41dt6c7ZwpaRSsmi
4 block(s): 105417, 105394, 105741, 105774,
Reward: 20000 GRA

Address 9FYjcwa2FEd9G5mCFmGWQqiK6i4RX7FRjT
5 block(s): 104448, 104233, 104322, 103699, 107243,
Reward: 25000 GRA

Address 9QeAHKYCkzYVURrvynK5wYHyDmAtSYkX8E
2 block(s): 100777, 106399,
Reward: 10000 GRA

Address 9J2KGj363dypL7BWPYJTjcWd9CehS3Z3Zq
22 block(s): 102401, 105218, 103697, 102677, 106137, 106146, 103339, 102574, 104379, 102590, 103744, 103241, 105931, 102234, 102492, 103136, 103141, 101991, 102120, 106229, 101879, 105720,
Reward: 110000 GRA

Address 9StWjUHMHt3FfQXMKxtcDNRr3h26cKQKtQ
13 block(s) to be paid

Address 9D3T2Z5naK5b7ECTgyXA8iUTzTikqzUpRp
7 block(s): 105545, 104943, 105999, 104601, 103002, 101883, 104765,
Reward: 35000 GRA

Address 9DA7xJLTnNj3zNRJ15Kwe3yeFPGvxiB5ue
5 block(s): 103905, 105418, 104939, 105397, 103830,
Reward: 25000 GRA

Address 9NXiJEyXaMb1MXMqx2shd8v49r6XBCCbUR
1 block(s): 107202,
Reward: 5000 GRA

Address 9Rtmx2QcN9Sgv6ogpwBN2XWMMq3m6vgfD7
2 block(s): 100256, 100317,
Reward: 10000 GRA

Address 9GKuXcesJSSjVfoHbbWCh73aesZLF4TTTQ
2 block(s): 107200, 107193,
Reward: 10000 GRA

Address 9JbGwYMvTCZ9kDKfj5DevbW9kRzBtF2TpF
4 block(s): 107472, 107363, 107246, 106894,
Reward: 20000 GRA

Address 952tV5x8oBrtJZ7GTGcLusufubBp4y92LL
10 block(s): 104035, 103863, 105241, 105422, 105199, 101398, 104599, 102617, 105243, 101468,
Reward: 50000 GRA

Address 95W762WiTV8YwQ9ras2hrpSTpAhH8xBHhQ
24 block(s): 104321, 105623, 105498, 107421, 107166, 102821, 107308, 102063, 105907, 105274, 106047, 104513, 106306, 105420, 106575, 104023, 103265, 103906, 106344, 107516, 102890, 104045, 102012, 104319,
Reward: 120000 GRA

Payments completed up to but not including block 34710dc74f988cdbf553ab40ebe04fb155390ee511f7a8a8cb7a6bb31d5c557a

Yours sincerely
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January 17, 2014, 01:45:24 AM
 #1857

Here I was, wondering where the GRA 25k that just popped into my wallet came from.

Thanks!


 ( 9HZGFFL32NvuUnuwjBs7WiVtaobYJkGxmF )
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January 17, 2014, 02:09:54 AM
 #1858

25k GRA recieved !

tyvm guys..

bosian (OP)
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January 17, 2014, 05:09:00 AM
 #1859

Ok, dears.

unfortunately the pool operators did not show any interest, so I implemented the compensation in a way convenient for me. So the additional block rewards will be credited once a day for all past not yet paid matured blocks.

The blocks mined by pools will be paid when pool operators confirm that they will distribute the rewards between miners in a fair way.

Here is the first batch:

Address 94p3gejUZwtMH53GAuFZQsTUmBcEFsdqAv
33 block(s): 107136, 105346, 105348, 102405, 105862, 107399, 107138, 101007, 106435, 100373, 102679, 104858, 106651, 103844, 100262, 100660, 102071, 103616, 103873, 106051, 107206, 101193, 106827, 105421, 100941, 102608, 105570, 107211, 100976, 106771, 105975, 105723, 107134,
Reward: 165000 GRA

Address 97Cr1SmKRBG6TTVo9L7WMNwZYPuoqgjnR4
3 block(s): 100009, 100369, 100231,
Reward: 15000 GRA

Address 98y7GBVuYjs92A1HaAVc94Pn5hzdyqfNL7
15 block(s): 106402, 106571, 106405, 106769, 106408, 106507, 106732, 106446, 106712, 106574, 106742, 106424, 106521, 106524, 106623,
Reward: 75000 GRA

Address 97mHyuMsZC3RyU9p3JiX5xyDpYXDZZUFdj
339 block(s) to be paid

Address 98ibu7sNSQMbmTkDCPfgKydSHF9p2JuecE
2 block(s): 100233, 100244,
Reward: 10000 GRA

Address 9LaTaNvNyH1cvqFb18VubpgD1ETzKGFFpM
2 block(s): 103912, 103900,
Reward: 10000 GRA

Address 9EAV4SyrdKQrs6Gg5s6RHTQW9urmQ3uNcL
76 block(s): 100481, 100866, 104514, 100869, 104838, 106924, 101003, 100877, 100494, 100752, 101009, 100626, 104339, 105492, 103598, 107030, 107106, 106479, 100892, 106525, 106654, 101637, 107056, 107043, 104868, 103463, 105641, 106154, 104108, 103214, 104623, 106160, 103857, 100018, 102021, 101560, 101817, 103994, 100797, 104384, 105921, 104130, 106891, 104205, 100295, 104333, 101705, 106954, 101196, 106317, 100943, 102072, 106962, 105998, 105977, 100828, 107102, 105826, 106899, 105702, 104017, 106343, 103020, 102802, 104430, 105725, 102898, 100467, 106001, 105847, 104953, 101499, 106108, 100605, 105342, 106837,
Reward: 380000 GRA

Address 9LQMhsFJmpL5dWty6qPynj2tPCQDPdXyQR
5 block(s): 104625, 104636, 104869, 104302, 104985,
Reward: 25000 GRA

Address 95QC6rNi7by7AqrSeRKYW6bosL2njQvkrA
55 block(s): 106625, 106626, 102410, 106327, 104078, 104429, 105616, 100120, 100754, 104856, 106138, 106415, 107410, 105785, 106271, 103840, 105640, 104491, 105775, 105776, 105777, 104377, 100795, 104380, 104202, 105534, 104134, 105543, 100940, 105424, 104915, 104021, 105430, 102073, 105432, 105817, 100189, 106960, 106596, 104038, 107409, 101180, 106258, 104427, 104301, 106223, 105201, 105939, 104309, 105974, 105719, 105976, 105724, 105341, 105941,
Reward: 275000 GRA

Address 95PPNLACetPtPEQeVSBBi8JZFYaAU4kqxm
1 block(s): 100997,
Reward: 5000 GRA

Address 9N8KwvfBJsx5Eozgy2hmRAVDTZ444zT5A2
5 block(s): 104219, 101171, 105347, 100782, 100190,
Reward: 25000 GRA

Address 9C98tikfUPaDLLp31SueP2R86hga3RzyTJ
7 block(s): 106593, 106121, 106416, 106801, 106163, 105272, 105881,
Reward: 35000 GRA

Address 9Pq9M7uudhPUT2ABioVK85Dzja3hfgX35F
3 block(s): 105811, 104390, 107207,
Reward: 15000 GRA

Address 9HZGFFL32NvuUnuwjBs7WiVtaobYJkGxmF
5 block(s): 105744, 104033, 106531, 106541, 104126,
Reward: 25000 GRA

Address 9GSWuQJU7qKoqNpqSG41dt6c7ZwpaRSsmi
4 block(s): 105417, 105394, 105741, 105774,
Reward: 20000 GRA

Address 9FYjcwa2FEd9G5mCFmGWQqiK6i4RX7FRjT
5 block(s): 104448, 104233, 104322, 103699, 107243,
Reward: 25000 GRA

Address 9QeAHKYCkzYVURrvynK5wYHyDmAtSYkX8E
2 block(s): 100777, 106399,
Reward: 10000 GRA

Address 9J2KGj363dypL7BWPYJTjcWd9CehS3Z3Zq
22 block(s): 102401, 105218, 103697, 102677, 106137, 106146, 103339, 102574, 104379, 102590, 103744, 103241, 105931, 102234, 102492, 103136, 103141, 101991, 102120, 106229, 101879, 105720,
Reward: 110000 GRA

Address 9StWjUHMHt3FfQXMKxtcDNRr3h26cKQKtQ
13 block(s) to be paid

Address 9D3T2Z5naK5b7ECTgyXA8iUTzTikqzUpRp
7 block(s): 105545, 104943, 105999, 104601, 103002, 101883, 104765,
Reward: 35000 GRA

Address 9DA7xJLTnNj3zNRJ15Kwe3yeFPGvxiB5ue
5 block(s): 103905, 105418, 104939, 105397, 103830,
Reward: 25000 GRA

Address 9NXiJEyXaMb1MXMqx2shd8v49r6XBCCbUR
1 block(s): 107202,
Reward: 5000 GRA

Address 9Rtmx2QcN9Sgv6ogpwBN2XWMMq3m6vgfD7
2 block(s): 100256, 100317,
Reward: 10000 GRA

Address 9GKuXcesJSSjVfoHbbWCh73aesZLF4TTTQ
2 block(s): 107200, 107193,
Reward: 10000 GRA

Address 9JbGwYMvTCZ9kDKfj5DevbW9kRzBtF2TpF
4 block(s): 107472, 107363, 107246, 106894,
Reward: 20000 GRA

Address 952tV5x8oBrtJZ7GTGcLusufubBp4y92LL
10 block(s): 104035, 103863, 105241, 105422, 105199, 101398, 104599, 102617, 105243, 101468,
Reward: 50000 GRA

Address 95W762WiTV8YwQ9ras2hrpSTpAhH8xBHhQ
24 block(s): 104321, 105623, 105498, 107421, 107166, 102821, 107308, 102063, 105907, 105274, 106047, 104513, 106306, 105420, 106575, 104023, 103265, 103906, 106344, 107516, 102890, 104045, 102012, 104319,
Reward: 120000 GRA

Payments completed up to but not including block 34710dc74f988cdbf553ab40ebe04fb155390ee511f7a8a8cb7a6bb31d5c557a

Yours sincerely

Very nice and detailed counts, thank you bee7!
harveyweizhao
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Activity: 110
Merit: 10


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January 17, 2014, 06:33:19 AM
Last edit: January 17, 2014, 07:14:26 AM by harveyweizhao
 #1860

I am doing solo mining on GRA, and the following addresses belong to me:

952tV5x8oBrtJZ7GTGcLusufubBp4y92LL  received 50k
9Pq9M7uudhPUT2ABioVK85Dzja3hfgX35F recieved 15k
9Rtmx2QcN9Sgv6ogpwBN2XWMMq3m6vgfD7 recieved 10k

I was curious that why someone send me these GRA coins, and then find this post by searching my address.

Thanks for the coin. If there is anything I can do for the GRA community, please just let me know. 


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