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

[sirazimuth]

Miner online.
Windows 10
GrinGoldMiner
F2pool
4x1070GTX 8GB

same here ...except 2x 1070

I have to set up the payment with a exchange?

Apparently for now...
I just set up the payment thingie with Bitforex. Set up an account there, then you bind your UID.
No addresses. No clue how many coins I have credited so far. This is weird.
Time will tell if I did it right I guess.... I guess I did it right. My mining page updated.
Looks like it might be a little better than the Nicehash dust
my miners accumulated right before I turned them them off.... ahhh....who cares, right? I'm a hobby miner...lol

guys I've used a fake (nonexistent) email, how can I retrieve my coins from grinmint? I don't get how can you use a grinbox relay, I set grinbox.io:443 in settings but the transaction was refused, and how would it know to where it should send the file?

what??! you used a fake (nonexistent) email??? For crypto business?!
Good lord! This is highly irregular....

[1713985181]

1713985181

[boxalex]

guys I've used a fake (nonexistent) email, how can I retrieve my coins from grinmint? I don't get how can you use a grinbox relay, I set grinbox.io:443 in settings but the transaction was refused, and how would it know to where it should send the file?

  what's the deal here? To layz to create a google (or whatever) one?
Serously, seldom readed something more stupid than using a fake email for it's own legal business, amazing.... 

[ronnieb]

guys I've used a fake (nonexistent) email, how can I retrieve my coins from grinmint? I don't get how can you use a grinbox relay, I set grinbox.io:443 in settings but the transaction was refused, and how would it know to where it should send the file?

if its a very random email and domain, register that domain name and email forward to an actual email you own.

[lerich]

Relax guys, the amount in question is minuscule, not even worth the domain name. It is not a 'business' but a hobby for me. Anyway I was able to yank it out to my local node/wallet, for it you need an external IP address, compiled wallet and a port forwarding rule on the router.

[Foxy4321]

scam sha 512 , ASIC hamsters breeding project   

[HairyMaclairy]

An attempt at valuation:

Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price

Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.

Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.  

Is Grin worth 7.2% of Bitcoin at this time?  Definitely not.  It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.

Conclusion:  Grin is currently highly overvalued at $6.5

[Last of the V8s]

An attempt at valuation:

Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price

Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.

Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.   

Is Grin worth 7.2% of Bitcoin at this time?  Definitely not.  It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.

Conclusion:  Grin is currently highly overvalued at $6.5

60 coins/block

otherwise yes it's early days for price discovery on the markets. note that it is much cheaper than that to mine

[sirazimuth]

An attempt at valuation:

Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price

Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.

Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.  

Is Grin worth 7.2% of Bitcoin at this time?  Definitely not.  It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.

Conclusion:  Grin is currently highly overvalued at $6.5

Agreed...
But that's kinda the norm when an ultra hyped coin launches, no?. Market value is a joke.
We all know it will be a few cents in no time... then the usual pump dump thing.
Wasn't z-cash like 6 btc per coin momentarily when it launched or some such nonsense?

[coingecko]

An attempt at valuation:

Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price

Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.

Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.  

Is Grin worth 7.2% of Bitcoin at this time?  Definitely not.  It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.

Conclusion:  Grin is currently highly overvalued at $6.5

Indeed it's overvalued. Sweat at the joker who made one of the first purchases at $261

[blackberry862]

Hello all beloved Ledgendaries here,

I read the OP, that present Linux  mining link, so I don't know that I can mine the Grin coin with AMD or NVIDIA graphic cards on Windows system or not?
Thank you.

[BTC-BTC-BTC]

Hello all beloved Ledgendaries here,

I read the OP, that present Linux  mining link, so I don't know that I can mine the Grin coin with AMD or NVIDIA graphic cards on Windows system or not?
Thank you.

You can mine with linux and windows. Go to the OP and join the discord has more information on mining. Price is not holding up maybe buy it at the exchange is a better option.

[Saugani]

firstly I wanna say something good as the first altcoin GRIN selected support this forum like payment of said information from (theymos and cobrabitcoin)

OK, anyone know the remote-node for GRIN coin??

[Hueristic]

An attempt at valuation:

Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price

Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.

Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.  

Is Grin worth 7.2% of Bitcoin at this time?  Definitely not.  It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.

Conclusion:  Grin is currently highly overvalued at $6.5

Indeed it's overvalued. Sweat at the joker who made one of the first purchases at $261

Wash trade.

[VB1001]

Payment guide f2pool

https://blog.f2pool.com/en/mining-tutorial-en/grin_payout_en

[Scofield]

If you're looking to mine some Grin but don't want the hassle and expanses of maintaining a rig, might as well rent some hashpower over at MiningRigRentals.com
 There are plenty of rigs for rent now, and prices have dropped since most of the hype is gone now. 

[MaoChao]

Hello all beloved Ledgendaries here,

I read the OP, that present Linux  mining link, so I don't know that I can mine the Grin coin with AMD or NVIDIA graphic cards on Windows system or not?
Thank you.

Tutorial: mining Grin on Windows 10 with NVIDIA GPUs
https://www.coingecko.com/buzz/how-to-mine-grin

[NrX]

I don't have mining experience and buying from exchange is only way to add some of this coin to my existed stock. There are multiple reasons to believe that current price makes the coin overvalued and better wait for hype to disappear before buying. Even current market isn't supportive to sustain all this. Wait and watch for right time to make entry in market.

[Febo]

Conclusion:  Grin is currently highly overvalued at $6.5

Question is not if price of Grin is over evaluated right now, but at what price and at what time will Grin found bottom.  I believe most pessimistic date could be even 4 years form now and deep in 4 digits of satoshies.

[mlord10]

An attempt at valuation:

Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price

Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.

Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.  

Is Grin worth 7.2% of Bitcoin at this time?  Definitely not.  It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.

Conclusion:  Grin is currently highly overvalued at $6.5

Agreed...
But that's kinda the norm when an ultra hyped coin launches, no?. Market value is a joke.
We all know it will be a few cents in no time... then the usual pump dump thing.
Wasn't z-cash like 6 btc per coin momentarily when it launched or some such nonsense?

It's so much easier to find the true value by using hash...  This is still waaaay too profitable to mine.  The miners pressure will eventually bring this down to $1/1080ti/day, it always does.  Either hash has to continue to rise or price needs to keep falling for equilibrium.

[vapourminer]

Hello guys!
Its possible to mine this coin with 1070?
Sorry if this quastion was before:/

yes