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Author Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.  (Read 65560 times)
Neo-Geo
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October 28, 2019, 10:16:15 PM
Last edit: October 29, 2019, 01:34:41 AM by Neo-Geo
 #1301

I wonder how decentralized Grin will be once ASICs hit this network. I feel that Innosilicon's ASICs are strategically priced to insure that 'ROI = never' and fear that Innsolicon will be mostly solo mining Grin, as planned (Innosilicon to be their own best customer in employing their ASICs, see Bitmain). Lets glimpse how distributed Grin will be in a post-ASIC era.
http://www.strawpoll.me/18860003

If ASICs really are a must, perhaps a better solution of distribution would be a fixed and locked split of:
C31/C32+ for ASICs = 50% block reward
C29 for GPUs with biannual forks (tweak algo to brick ASICs/FPGAs) = 50% block reward
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October 31, 2019, 04:46:50 PM
 #1302

The Grincoin price has fallen over months, and now it stays around 10k satoshis. As theymos predicted at very weeks after Grincoin born, its price fell within its first year, and now we see Grincoin has been unsignificantly fluctuated about 10k satoshis. The range of price is good enough for accumulators, IMO.

What do you think about the temporary price of Grin coin and what do you think about future rally and growth of Grincoin?

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October 31, 2019, 08:31:13 PM
 #1303

The Grincoin price has fallen over months, and now it stays around 10k satoshis. As theymos predicted at very weeks after Grincoin born, its price fell within its first year, and now we see Grincoin has been unsignificantly fluctuated about 10k satoshis. The range of price is good enough for accumulators, IMO.

What do you think about the temporary price of Grin coin and what do you think about future rally and growth of Grincoin?

I believe it will all depend on how famous GRIN can get.
With the inflation being forever stable, we can't hope for the inflation to fall low enough to reach a level which can be supported by the community's interest level.
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November 01, 2019, 05:00:15 AM
 #1304

I believe it will all depend on how famous GRIN can get.
With the inflation being forever stable, we can't hope for the inflation to fall low enough to reach a level which can be supported by the community's interest level.
Inflation can be changed by developers as what we see from Stellar with their annoucement released recent days. Amazingly, let's look at Stellar price today. It has been pumped more than 10 percent temporarily. At its peak today, its price in realilty increased more than 13 percent.

Despite the unknown plan (or no plan at all) on inflation of Grincoin team, I think price is below 10k satoshis is very good to accumulate Grincoin.

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November 01, 2019, 05:26:26 AM
 #1305

Is there a windows compiled cpu miner available for Grin?

BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT
LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV
DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
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November 01, 2019, 04:54:35 PM
 #1306

I believe it will all depend on how famous GRIN can get.
With the inflation being forever stable, we can't hope for the inflation to fall low enough to reach a level which can be supported by the community's interest level.
Inflation can be changed by developers as what we see from Stellar with their annoucement released recent days. Amazingly, let's look at Stellar price today. It has been pumped more than 10 percent temporarily. At its peak today, its price in realilty increased more than 13 percent.

Despite the unknown plan (or no plan at all) on inflation of Grincoin team, I think price is below 10k satoshis is very good to accumulate Grincoin.

Right, and to be honest I'm surprised there hasn't been any formal change request to reduce the inflation which could be voted for and be implemented in the next blockchain update (aka fork) if it'd be voted.
Just the existence of this request would send the price flying!
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November 01, 2019, 06:57:15 PM
 #1307

Right, and to be honest I'm surprised there hasn't been any formal change request to reduce the inflation which could be voted for and be implemented in the next blockchain update (aka fork) if it'd be voted.

If it ain't 1 per second forever, then it ain't Grin...
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November 01, 2019, 08:19:47 PM
 #1308

Right, and to be honest I'm surprised there hasn't been any formal change request to reduce the inflation which could be voted for and be implemented in the next blockchain update (aka fork) if it'd be voted.

If it ain't 1 per second forever, then it ain't Grin...

If they grind down the block rewards even a little bit, I'll be fine with GRIND too! Roll Eyes

That was a terrible joke attempt, wasn't it?  Lips sealed
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November 02, 2019, 02:23:46 AM
 #1309

Right, and to be honest I'm surprised there hasn't been any formal change request to reduce the inflation which could be voted for and be implemented in the next blockchain update (aka fork) if it'd be voted.

If it ain't 1 per second forever, then it ain't Grin...

I support 1 per second and infinite emission forever. Moon math must be fixed and eliminated. Bitcoin's flaws should not be copied. Go to Beam for moon math.

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Texacha
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November 02, 2019, 09:20:30 AM
 #1310

Go to Beam for moon math.
Actually most of people will. (or already did)

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November 02, 2019, 05:51:11 PM
 #1311

Go to Beam for moon math.
Actually most of people will. (or already did)

I lost interest in almost all acltcoins. the only one that I still support is grin. although i dont do much to support it.
i would use a grin Sig. Is anybody able to create one?
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November 03, 2019, 09:19:03 AM
 #1312

Go to Beam for moon math.
Actually most of people will. (or already did)

I lost interest in almost all acltcoins. the only one that I still support is grin. although i dont do much to support it.
i would use a grin Sig. Is anybody able to create one?
This Grin coin really deserves attention. I still really like Monero. I think that anonymous cryptocurrency has a future!
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November 03, 2019, 10:10:41 AM
 #1313

Go to Beam for moon math.
Actually most of people will. (or already did)

I lost interest in almost all acltcoins. the only one that I still support is grin. although i dont do much to support it.
i would use a grin Sig. Is anybody able to create one?
This Grin coin really deserves attention. I still really like Monero. I think that anonymous cryptocurrency has a future!
We are all here discussing this. And you and I both understand that anonymity is absolutely essential. I still look forward to the next steps from Grin.
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November 03, 2019, 03:02:11 PM
 #1314

Go to Beam for moon math.
Actually most of people will. (or already did)

I lost interest in almost all acltcoins. the only one that I still support is grin. although i dont do much to support it.
i would use a grin Sig. Is anybody able to create one?

i probably could, but my bbcode skills are really low level yet haha, what would be AWESOME is if the team took 50$ and paid one of the pros on here for a set
maybe roslinpl ? i always liked their work. Then they could just let anyone use the sigs as they want, even put the code on github
It just takes so many hours to "get gud" at bbcode, like any coding i guess... Tongue hard to find the time to sharpen this skill (unless you already do it for a living outside of crypto imo)


 

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November 03, 2019, 10:46:36 PM
 #1315

(unless you already do it for a living outside of crypto imo)
What? There's life outside of crypto?  Shocked

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November 04, 2019, 09:40:22 AM
 #1316

As we discussed previous days, Grincoin has performed exactly in the direction I expected. The recent rally of Grin coin is another lesson for weak hands, that whenever they weakly dump their coins at very close to bottoms, coins will start to recover. Most of times, from bottoms, coins will perform significant rallies.

BTW, investors who fortunately made right decisions to buy Grin coin at bottom-ranged price have to consider to take profits. All coins have to move up and down, no coins can move upwards or downwards without stop and transitional stations.

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November 05, 2019, 01:43:03 AM
 #1317

Go to Beam for moon math.
Actually most of people will. (or already did)

However, most of those people will dump. They are only buying Beam for the moon math. The Grin development team is creating something else. It might replace bitcoin as the most widely held cryptocoin.

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November 05, 2019, 08:50:18 AM
 #1318

@BBC , I agree with your thoughts about GRIN.
I remember reading on Beam Discord that Beam is trying to be mimblewimble storage of value.

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November 07, 2019, 03:12:21 AM
 #1319

@Texacha. To be a mimblewimble store of value by copying bitcoin's limited supply and adopting its moon math? This is not what makes a stable store of value, it is what makes a volatile cryptocoin for speculation.


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November 07, 2019, 05:35:12 AM
 #1320

@Texacha. To be a mimblewimble store of value by copying bitcoin's limited supply and adopting its moon math? This is not what makes a stable store of value, it is what makes a volatile cryptocoin for speculation.



Yup, it is the recipe for a P&D scamcoin.

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