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Author Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.  (Read 58683 times)
chafer99
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November 30, 2019, 12:50:56 PM
 #1421

Hi, why Grin31 algo is only for 6Gb+ GPU, if Asic coming? https://www.innosilicon.com/html/grin-miner/index.html
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 30, 2019, 06:21:24 PM
 #1422

Hi, why Grin31 algo is only for 6Gb+ GPU, if Asic coming? https://www.innosilicon.com/html/grin-miner/index.html

What difference does it make? C31 was designed for ASICs but since none are yet available (?) then it's possible to mine with the next best option, which is currently GPUs. Difficulty adjustments take care of that. Once ASICs arrive GPUs will have to give up because difficulty will rise beyond GPU profitability.

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November 30, 2019, 06:59:13 PM
 #1423

Hi, why Grin31 algo is only for 6Gb+ GPU, if Asic coming? https://www.innosilicon.com/html/grin-miner/index.html

What difference does it make? C31 was designed for ASICs but since none are yet available (?) then it's possible to mine with the next best option, which is currently GPUs. Difficulty adjustments take care of that. Once ASICs arrive GPUs will have to give up because difficulty will rise beyond GPU profitability.


Thanks, i get it already: https://cryptomining-blog.com/11280-the-second-grin-hard-fork-is-planned-for-january-2020/
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November 30, 2019, 07:54:10 PM
 #1424

Hello GRIN Community  Cheesy ,

I was looking to start mining, and was wondering if someone here can recommend me a good gpu to start mining GRIN with.

I was thinking I can start with 1 to learn how mining GRIN works and than upgrade from there when I have the proper understanding of all this.

Thanks
Spaceshuttle987
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November 30, 2019, 09:26:23 PM
 #1425

How can I start mining?

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December 01, 2019, 01:53:23 AM
 #1426

How's GRIN or Monero or others not absolute as soon as ETH will have privacy? I'm not a troll, I'm honestly curious if there's any argument against what I'm saying.

ETH is already crumbling under its own weight and second layer privacy can never compete with first layer not to mention monero sends transactions in minutes for penny's, you just can't beat that. Maybe grin will match that with a lower  scaling someday but only time will tell. For today there is only Monero and anyone that tells you otherwise is selling snake oil.

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December 01, 2019, 03:38:22 AM
 #1427

@Hueristic. He is also not a troll hehehe.

Also, what is lower scaling and what will it match?

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December 01, 2019, 04:14:42 AM
 #1428

@Hueristic. He is also not a troll hehehe.

Yeah he's not a troll. Lol


Also, what is lower scaling and what will it match?

Means the blockchain may scale with transactions better once privacy is achieved, IE less bloat.
We shall see once they address the issues they currently face.


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December 01, 2019, 08:49:00 PM
 #1429

How can I start mining?

let me google that for you


Hello GRIN Community  Cheesy ,

I was looking to start mining, and was wondering if someone here can recommend me a good gpu to start mining GRIN with.

I was thinking I can start with 1 to learn how mining GRIN works and than upgrade from there when I have the proper understanding of all this.

Thanks


 three nvidia 1070's work well for me for past year since launch, though haven't kept up with the the latest and greatest...dyor

Bitcoin...the future of all monetary transactions...and always will be
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December 02, 2019, 01:34:43 AM
 #1430

I'm looking for an exchange I can buy grin. I used to use polo but us based so no can do. thank you

You can see exchanges where Grin listed here:

https://next-prod.coinmarketcap.com/currencies/grin/markets/

I would reccomend you Okex, Kucoin and Bibox (exchanges which I used and have not any problem).

Also, Grin listed to DEX exchange:

https://x.vite.net/trade?symbol=GRIN-000_ETH-000

However, do Okex, Kucoin and Bibox not require their users to do give up identification and other private documents?

Kucoin definitely does not currently require anything for limited withdrawal (<2btc/day?)  I've been using it since all the other US exchanges started shutting down / limiting coins / etc.
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December 03, 2019, 02:43:49 AM
 #1431

@pbfarmer. Use it while you can, however we cannot trust it to maintain it once pressured by regulators.

@Hueristic. He is also not a troll hehehe.

Yeah he's not a troll. Lol


Also, what is lower scaling and what will it match?

Means the blockchain may scale with transactions better once privacy is achieved, IE less bloat.
We shall see once they address the issues they currently face.



Blockchains with better privacy will scale less. This was what occured on Monero on the introduction of RingCT. Blocks became heavier and it was the reason why Aeon did not activate the code and might also have removed it from the codebase. I will ask @smooth.

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December 03, 2019, 02:45:03 AM
 #1432

@pbfarmer. Use it while you can, however we cannot trust it to maintain it once pressured by regulators.

@Hueristic. He is also not a troll hehehe.

Yeah he's not a troll. Lol


Also, what is lower scaling and what will it match?

Means the blockchain may scale with transactions better once privacy is achieved, IE less bloat.
We shall see once they address the issues they currently face.



Blockchains with better privacy will scale less. This was what occured on Monero on the introduction of RingCT. Blocks became heavier and it was the reason why Aeon did not activate the code and might also have removed it from the codebase. I will ask @smooth.

Yes, you are arguing my point here.

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