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Author Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.  (Read 64791 times)
Febo
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January 20, 2019, 02:06:21 PM
 #301

I was very interested in Grin. Just yesterday theymos announced to accept Grin as a means of payment. Before that, only Bitcoin could enjoy this honor. Even Ethereum, Monro, etc. did not have such treatment.
So as a response to the BTT Forum, will Grin plan to have a BTT Forum Bounty Campaign?

Bounty campaign? Why don't you grab a couple of GPU's and mine it? The mainnet went online 3 days ago. You didn't miss anything. Also the inflation rate will be so big for the first year, you'll be able to buy cheap coins as much as you want during that period.

buying high inflation currency - like GRIN in the first year - is like burning your money

Agree. Bottom might be found in 4 years time if all goes as developers are planing. There is always risk that that could fail since all cryptocurencies are just an experiment.

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bones261
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January 20, 2019, 02:27:58 PM
 #302

 I really despise coins that launch with only a cli client. It is so 90s. Also, not having an official Windows version is not forgivable. Correct me if I am wrong, didn't Satoshi launch BTC with both a GUI and Windows compatible?
    I have found the miner that is compatible with Windows and have mined it a little, starting yesterday. However, the cooling on my desktop is shitty, especially for the CPU. I don't like to see my CPU temps running in the 70s with spikes in the 90s. So I have only been running it for about an hour here and there.
    I haven't bothered setting up a node yet. I haven't used the VM in over a year and don't think it is worth it to run a node via Vultr.
    (As an aside, I am running Grin Gold Miner, and I think it's funny that it stores my password in plain text.  Cheesy But so does BTC RPC. Oh well.)
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January 20, 2019, 02:45:56 PM
Merited by suchmoon (7), bones261 (2), BobLawblaw (1)
 #303

Hands up who is going with this just because theymos has backed it himself?
I’m going to give it a miss myself for now, maybe I’m being stupid but I can always buy in at a later date if it’s making obvious positive steps.

Edit - I’m waiting for the ‘I downloaded a fake Grin wallet that contained malware & somebody stole all my bitcoin’ threads Sad

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January 20, 2019, 02:55:17 PM
 #304

Hands up who is going with this just because theymos has backed it himself?




I'm in that boat. I wouldn't have bothered with this at all if it wasn't for theymos. However, I have been hearing about this on twitter for quite sometime.
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January 20, 2019, 02:58:19 PM
 #305

Hands up who is going with this just because theymos has backed it himself?




I'm in that boat. I wouldn't have bothered with this at all if it wasn't for theymos. However, I have been hearing about this on twitter for quite sometime.

I was tempted, very tempted to look into mining it tbh. Think I’ll wait until it becomes accessible on exchanges though. If it’s still cheap enough then (under $10 - $20) I can buy a couple of hundred or something & forget about them for a bit.

I just don’t want to be bothered with committing to mine it.

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January 20, 2019, 03:10:47 PM
Merited by LFC_Bitcoin (1), mikeywith (1)
 #306


I was tempted, very tempted to look into mining it tbh. Think I’ll wait until it becomes accessible on exchanges though. If it’s still cheap enough then (under $10 - $20) I can buy a couple of hundred or something & forget about them for a bit.

I just don’t want to be bothered with committing to mine it.

It currently is available in quite a few exchanges. https://www.coingecko.com/en/coins/grin/trading_exchanges#panel However, I am not familiar with any of the exchanges and don't fell like opening another exchange account. At the moment, the mining software seems to require you to have at least 7gb of virtual memory be set aside per card for the CPU. So it may be a real PITA for larger GPU rigs.
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January 20, 2019, 03:19:38 PM
 #307

For a moment i thought this was BTC WO thread  Wink so many known hats.. err.... names.

19kt6um75kGg3qKZgui5vucztiGxUpKad5
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January 20, 2019, 04:01:56 PM
 #308

Hands up who is going with this just because theymos has backed it himself?




I'm in that boat. I wouldn't have bothered with this at all if it wasn't for theymos. However, I have been hearing about this on twitter for quite sometime.
I'm not, I was buying GPU already and filling out a 8 gpu octominer to the limit and getting ready for a gpu coin to come along and take advantage of it, then this came along and has huge potential. I seriously can see this as the daily cash replacement, no public address, nfc to transfer the payment script could be huge (tap to pay) and they immediately have it, gpu minable, asic extra, this nimble wimble dope shit. I'm in, fuck it if the first release is only command line and unix based. This seriously will be a big deal.

I'm seeing this as the future:
Bitcoin: The gold standard, investment king
Ethereum: The Contract and project coin
Grin: The cash replacement
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January 20, 2019, 05:05:15 PM
 #309

Hi, can I mine to win 10 with vega 64,how much $? per day? Is there a wallet or I have to mine to exchange?
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January 20, 2019, 05:22:46 PM
 #310

I really despise coins that launch with only a cli client. It is so 90s. Also, not having an official Windows version is not forgivable. Correct me if I am wrong, didn't Satoshi launch BTC with both a GUI and Windows compatible?
    I have found the miner that is compatible with Windows and have mined it a little, starting yesterday. However, the cooling on my desktop is shitty, especially for the CPU. I don't like to see my CPU temps running in the 70s with spikes in the 90s. So I have only been running it for about an hour here and there.
    I haven't bothered setting up a node yet. I haven't used the VM in over a year and don't think it is worth it to run a node via Vultr.
    (As an aside, I am running Grin Gold Miner, and I think it's funny that it stores my password in plain text.  Cheesy But so does BTC RPC. Oh well.)
The password is just to create the account if you're mining on grinmint, you can take the password out of the config file and continue mining
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January 20, 2019, 05:37:29 PM
 #311


Hey, I'm really confused over the wallet, I don't own anything apple and I'm clueless regarding Linux. So far I've been mining on F2pool and storing my earnings there, but it's a temporary solution. How long before a windows (and please GUI) wallet is released?
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January 20, 2019, 05:47:47 PM
Merited by BobLawblaw (1)
 #312

Hands up who is going with this just because theymos has backed it himself?
....
His enthusiasm has been a rare delight, and I went into it just precisely because of that. It was an important moment, relieving the boredom of waiting for the moon or the lightning network or whatever. I'd never studied the design and launch of an altcoin before, and picked up at least a couple of things.

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January 20, 2019, 07:42:42 PM
 #313

Have anyone tried to mine Grin on Google Cloud?
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January 20, 2019, 07:52:18 PM
 #314

I really despise coins that launch with only a cli client. It is so 90s. Also, not having an official Windows version is not forgivable. Correct me if I am wrong, didn't Satoshi launch BTC with both a GUI and Windows compatible?
    I have found the miner that is compatible with Windows and have mined it a little, starting yesterday. However, the cooling on my desktop is shitty, especially for the CPU. I don't like to see my CPU temps running in the 70s with spikes in the 90s. So I have only been running it for about an hour here and there.
    I haven't bothered setting up a node yet. I haven't used the VM in over a year and don't think it is worth it to run a node via Vultr.
    (As an aside, I am running Grin Gold Miner, and I think it's funny that it stores my password in plain text.  Cheesy But so does BTC RPC. Oh well.)
offtopic: I switched to Linux (single boot) in 2015 when windows 10 came out and it became obvious that nothing has changed for the better, after that I never looked back. To me today it's incomprehensible why people are using this junk adware/bloatware/spyware combination, that installs and deletes things on YOUR computer without your knowledge. But I'm not a hater, so I forgive such people, after all they may need it to make money in proprietary software or something.. I wish I persisted with the switch back in the day, then I would most certainly knew about bitcoin in 2009-2010 because of its proximity to hacker/coding culture, and maybe I would have made some profits on these skills.
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January 20, 2019, 09:27:25 PM
 #315

Ethereum: The Contract and project coin

 My concern with this, is that the Ethereum software itself, has largely outpaced what practical hardware is capable of managing.

 I can't see how it survives beyond the next two years without plummeting in value.
I'm not following, by hardware do you mean standard nodes or mining? In two years it should go POS by then (which people hate but I see as a fine think if we have another coin to mine GPU on, I really don't give a shit)  I'm not sure how big a full node is, but I can see standard investors going apeshit over a crypto that "pays dividend" (they don't really fuck with shitcoins and staking) especially one they have heard of.
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January 20, 2019, 09:44:53 PM
 #316

Hands up who is going with this just because theymos has backed it himself?
....

It's not like you guys were not warned.

What is the economic model?  I read a while back that there was something funky about it and not that appealing.  

1 grin is created per second on average, forever. Similar to XMR. Not ideal IMO, but it does tend to be deflationary long-term.

What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.

Not a shitcoin but it is not an investment vehicle.

Don't you think infinite supply will play role of pressure element on he price of coin ? There is lot of hype before the launch of this coin what is scheduled in two days now. I hope they will be much more careful with security and safety as first impression will be the last. We saw what happens with Beam with vulnerability. These are the two coins succeeded to get attention of everyone in very short time.

Beam is a money grab, tail emission is a design decision of a solid currency.
It doesn't matter if the pump and dumper can't make cake, its not designed for that so if the tail emission scares you then don't use this coin.

@Theymos finds the tech interesting and does not do pump and dumps.

I find the goals laudable and the tech interesting if not immature atm, the tech will be amazing if matured due to the scaling if nothing else.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 20, 2019, 09:54:46 PM
 #317

How many transactions per second could the Grin network do right now? What plans are there to increase that if needed?

lightcar
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January 20, 2019, 10:17:12 PM
 #318

don't get fooled into buying this shitcoin guys, members are trying to hype up this junk with its massive inflation rate.  Price will do nothing but drop.
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January 20, 2019, 10:33:51 PM
Merited by BobLawblaw (1)
 #319

don't get fooled into buying this shitcoin guys, members are trying to hype up this junk with its massive inflation rate.  Price will do nothing but drop.

You don't buy POW coins in their first few weeks of launch. You mine them...
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January 20, 2019, 11:33:18 PM
 #320

Have anyone tried to mine Grin on Google Cloud?

I don't know about Google but I have used this guide https://github.com/ideashavenoborders/grin-cloud-mining/blob/master/README.md to CPU mine. It's expensive but I like the fact that I can mine some GRIN on CPUs still. Even though the reward is low. I think Grin will be at the ranks where Litecoin has lingered for a couple years. Short term I believe it's best to buy it once it's traded below $1. In the long term I see it at $10+. I believe that Grin will boom even more than dogecoin. It's private ecash. I'ma use some and save some as they roll in
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