[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.

[Cryptotourist]

FPGA will be the first real miners on c31, then Asics. GPUs on there are very temporarily hashing at a decent difficulty. No reason to really push for work to be done to make ease of mining on there a reality.

Mmm maybe so, surely things will level out. Point taken. When?
My estimate is that we have at least 3 months of GPU partying ahead of us.

Given that the best time ever to mine a coin is the very first blocks, and given that very few miners at the beginning shared that c31 10% reward, well...good for them!
Solo mining my ass.
Now if you put things into long term perspective we are still at the precious embryo stage.



Even better of course to buy in the dip.

[RichardBee]

Пpивeт. Pyccкoязычныe ecть в этoй вeткe?

[suchmoon]

Even better of course to buy in the dip.

Given that the cost of mining is like $1 per coin or so, it would take quite a dip to make it worth it ATM. But then what? It's not the best coin to hold. I'm gonna mine a few hundred to play around with and that's it.

I am mining for a day or two, so still new and haven't done any withdraws from the pool (grinmint.com). I am using Windows btw.
Can somebody who has already done that advise/explain the withdraw process (for Windows) and what may go wrong (so more attention there)?
I was thinking of sending directly to exchange and use it's address (as it seems like the easiest option), but what do you recommend, which wallet do you use, is there anything for Windows?

I would advise against using a direct transfer to an exchange. If anything goes wrong you might get screwed. Install the "official" wallet in a Linux VM and withdraw to it using the file method, then send coins to the exchange as desired.

[suchmoon]

Given that the cost of mining is like $1 per coin or so

How come it's 1$ per coin?
What I see is 6 x RX580 ( 6 x 1.7 gps = ~ 10gps). For more than 24h, I can't mine even 1 coin..

One 1080 gets ~4-5 gps, 1080Ti ~6-7 gps. AMD sucks for grin. Although difficulty is rising fast so my cost is also going up.

Would that work with a bootable Linux distribution on a USB stick?

I don't see why not.

That's either a lot of hash power or a lot of time planned to dedicate to grin. Are you sticking to grin 29?

18 GPUs at the moment. Will try AT31 over the weekend but so far it's been AR29.

[Last of the V8s]

Пpивeт. Pyccкoязычныe ecть в этoй вeткe?

'Hi. Any Russian speakers in this thread?'

Yes I can speak a bit. But we're not allowed to speak it here.
There is a Russian thread for Grin https://bitcointalk.org/index.php?topic=5093782.0
If you are still stuck, you can send me a personal message with your question, and I will translate it for you to post here.

[pbfarmer]

Is there an ANN thread in bitcointalk.org or the official grin forum?

 because I feel uneasy of trusting them without any user comments.

Could be a virus chest.

Well I haven't found one, but I think that GrinPro's team is related to Ace miner:

https://bitcointalk.org/index.php?topic=5097693.0

Both miners passed my security check, but that doesn't really say much.

Ace is apparently a ripoff of GGM.  Grin Pro is from the GGM dev: https://grinpro.io/

Who says that Grin Pro is from GGM dev?

Is there anyone to vouch for this miner?

One of the devs himself (@phooton) - on Gitter.  Can't find the exact release post, but search 'grinpro' and you'll see enough to get the idea.

[RichardBee]

Пpивeт. Pyccкoязычныe ecть в этoй вeткe?

'Hi. Any Russian speakers in this thread?'

Yes I can speak a bit. But we're not allowed to speak it here.
There is a Russian thread for Grin https://bitcointalk.org/index.php?topic=5093782.0
If you are still stuck, you can send me a personal message with your question, and I will translate it for you to post here.

Cпacибo

[HairyMaclairy]

To avoid pollution of solemn miner talk, a Grin price speculation thread is here:

https://bitcointalk.org/index.php?topic=5102334.msg49424963#msg49424963

Don't forget to bring your dubious statistical inferences, fib lines and rainbows. 

[bbc.reporter]

Can I be honest?  

I love the tech but think the infinite emissions policy is broken.

And the dev team haven’t put themselves in a strong position by announcing there will be regular hard forks.  

So soon enough someone will hard fork it with a 4 year halvening cycle.  

Which begs the question - what happens to Grin with a contentious hard fork?

It is not broken. Infinite supply assures better and fairer distribution because it discourages hoarding, which would also make the market discover a fair price for each grin.

It might not be perfect, but what coin has a perfect distribution?

The rest of your post is useless speculation.

[kronos123]

FPGA will be the first real miners on c31, then Asics. GPUs on there are very temporarily hashing at a decent difficulty. No reason to really push for work to be done to make ease of mining on there a reality.

Mmm maybe so, surely things will level out. Point taken. When?
My estimate is that we have at least 3 months of GPU partying ahead of us.

Not that it makes me dream of the Innosilicon but they have nevertheless started to move the waters, perhaps to see also the reaction of the community and the interest of the miners.

[zeef]

Guys,

Whats the best form to hodl this coin, save the file that pool send us?   

Thans

[w00dch0ck]

Every journey begins with the first step. This place seems wholesome. Hello all.

[suchmoon]

Guys,

Whats the best form to hodl this coin, save the file that pool send us?   

Thans

Install a wallet and redeem the file. Not sure which pool you're talking about but e.g. grinmint withdrawal files are valid only for an hour and are definitely not the way to "hodl", not to mention that they send it via e-mail so quite vulnerable just for that reason alone.

[w00dch0ck]

No. The files expire after an hour or so funds then go back to your pool account. Need to create a wallet with linux. Can be done with a flash drive and a google search.

Guys,

Whats the best form to hodl this coin, save the file that pool send us?   

Thans

[HairyMaclairy]

Can I be honest?  

I love the tech but think the infinite emissions policy is broken.

And the dev team haven’t put themselves in a strong position by announcing there will be regular hard forks.  

So soon enough someone will hard fork it with a 4 year halvening cycle.  

Which begs the question - what happens to Grin with a contentious hard fork?

It is not broken. Infinite supply assures better and fairer distribution because it discourages hoarding, which would also make the market discover a fair price for each grin.

It might not be perfect, but what coin has a perfect distribution?

The rest of your post is useless speculation.

I agree that my post is useless speculation.  It's my thing.  Continuing the conversation on emissions here on the useless speculation Grin thread:  https://bitcointalk.org/index.php?topic=5102334.0 so that these miners can talk about cpu  temperatures in peace.

[pbfarmer]

Can I be honest?  

I love the tech but think the infinite emissions policy is broken.

And the dev team haven’t put themselves in a strong position by announcing there will be regular hard forks.  

So soon enough someone will hard fork it with a 4 year halvening cycle.  

Which begs the question - what happens to Grin with a contentious hard fork?

It is not broken. Infinite supply assures better and fairer distribution because it discourages hoarding, which would also make the market discover a fair price for each grin.

It might not be perfect, but what coin has a perfect distribution?

The rest of your post is useless speculation.

I agree that my post is useless speculation.  It's my thing.  Continuing the conversation on emissions here on the useless speculation Grin thread:  https://bitcointalk.org/index.php?topic=5102334.0 so that these miners can talk about cpu  temperatures in peace.

ZING!

[olseh]

FWIW, have been using bminer 13.2 for a few hours now, and the rejects have been significantly reduced.

Have also found this to be the case!

[Cryptotourist]

Given that the cost of mining is like $1 per coin or so

How come it's 1$ per coin?
What I see is 6 x RX580 ( 6 x 1.7 gps = ~ 10gps). For more than 24h, I can't mine even 1 coin..

One 1080 gets ~4-5 gps, 1080Ti ~6-7 gps. AMD sucks for grin. Although difficulty is rising fast so my cost is also going up.

Would that work with a bootable Linux distribution on a USB stick?

I don't see why not.

That's either a lot of hash power or a lot of time planned to dedicate to grin. Are you sticking to grin 29?

18 GPUs at the moment. Will try AT31 over the weekend but so far it's been AR29.

Agreed, it's roughly $1 per Grin to mine with 'high-end' hardware ATM.
Rewards for c29 have more than halved since the beginning, and dropping fast...
Last full day I mined c29, gave me just more than 2 Grin, whereas on the 17th of this month was more like between 5 and 6 Grin.
Switching to Minerbabe and c31 yesterday, seems to have bumped it up to around 4 Grin again.

Stock settings:



Power fluctuates a bit, G/s not really with almost zero delayed/rejected.

[Old_Timer]

so the only wallet is through linux vm?


Does a "serious" exchange support this yet?

[w00dch0ck]

Humm... One week in and no "serious ecchange" WTF. Sorry only semiSerious exchanges available during the incubation period. Wallet is only linux, VM is a preference choice, that is not recommended.

so the only wallet is through linux vm?


Does a "serious" exchange support this yet?