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

[infofront]

subbing to this thread. expecting to see some old faces.

*edit* that didn't take long. hi bob and Last of the V8s.

Hi Anon. This thread looks like a WO offshoot.

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[suchmoon]

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

I'm not certain but I think it was indeed theymos who mentioned it in some other thread (BCH?) and piqued my interest.

It feels a bit weird to see a bunch of old-timers in a new alt thread... those tend to be dominated by bump bots and penny spammers these days. I know that's a cheesy and superficial observation but to me that shows a certain degree of street-cred . Which is worth like $0.00 or thereabouts but it makes me feel good mining it with GPUs that would otherwise barely break even anyway.

[Anon136]

hello again Anon136. I asked that yesterday and the answer is kinda 'not realistically' https://bitcointalk.org/index.php?topic=5090427.msg49340719#msg49340719
at least not till we get proper internets which to my mind means probably never but to some may mean 'any minute now'
or we get magic processors

So are we supposing that this project can still have real value to the world at 15tx/s?


I'm trying to mine grin with rented miners and I keep getting this message.



I have tried f2pool, btc.com and grinmint, and looked for settings to change this on all three, but to no avail. Anyone else having it? Anyone know how to fix it?

[lesoleil]

i am just here for the future. to be proud i knew of this project from day one.

[trackers]

^yw
Lovely how people here're mostly so hard-nosed that the 'infinite supply' feature immediately raises alarm bells.
However it just dawned on me that 'infinite supply' will appeal very much to legacy people.

That's fair, you can certainly argue the characteristic either way! Should have got some yesterday...up 100% today

[bbc.reporter]

How can I deposit my Grin coins to Hotbit? All I see is some HTTPS link as a GRIN Deposit Address. How to use it?

The command would be grin wallet send -d (https link) (amount), without the parenthesis.

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

@Last of the V8s. An infinite supply should appeal to the miners most, after 10+ years. Bitcoin's capped supply might become an issue after a few more halvings.

[Anon136]

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

I am going to start helping out everyone I can with sending them small bits of grin to start out with, JUST AS SOON AS I CAN GET A FEW OF MY OWN.

I have 6.3 grin on f2pool but no idea how to get f2pool to pay out. I can't find a button on the website anywhere for withdrawal. I'm thinking it just does it automatically, but when? If anyone has any experience with f2pool please let me know.


Yea the steady supply thing is a no brainier to me. Make sure that miners are always compensated. And some day the inflation will drive the price of the marginal unit down low enough that human carelessness equalizes with the emmission curve and a more or less equal amount of grin is created as is lost to carelessness. In the long run you end up with a world where all of the value that is lost due to carelessness is what is used to finance the security of the chain, that plus transaction fees. It's kind of abstract but if you allow the logic to flow...

Also it's nothing like central banking. They create more and more currency every year not a steady amount that is the same year on year.

[HairyMaclairy]

Wtf is with the spread between Hotbit 0.0014 and BitForex 0.0008

[Anon136]

Wtf is with the spread between Hotbit and BitForex

lol mini WO indeed. all we need now is a debate about socialism. NO DON'T DO IT.

tl;dr: hi hairy

[HairyMaclairy]

Sshhh. Nobody knows I’m here. I’m hunting wabbits.  

[Anon136]

subbing to this thread. expecting to see some old faces.

*edit* that didn't take long. hi bob and Last of the V8s.

Hi Anon. This thread looks like a WO offshoot.

[albanes]

Tell me how can I customize C31 on 8 G memory cards? And which miner is best used for this? cards 1070 ti and 2070!

[suchmoon]

How can I deposit my Grin coins to Hotbit? All I see is some HTTPS link as a GRIN Deposit Address. How to use it?

The command would be grin wallet send -d (https link) (amount), without the parenthesis.

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

@Last of the V8s. An infinite supply should appeal to the miners most, after 10+ years. Bitcoin's capped supply might become an issue after a few more halvings.

I have some coins on a pool but I'm still not certain if I know the process well enough to make sure I don't get scammed or get accused of scamming. I'm not saying you would, it's just a general lack of understanding on my part with the 3-way process. With Bitcoin it's quite simple - I send coins to a given address, it shows up in a block, confirmed, visible on a block explorer, no doubts about it. With grin though... let's say I create a TX file to send to you. Then for whatever reason you fail to create a response file for me to finalize and you accuse me that my TX file was bad. Is there a way for a third party to verify that?

[HairyMaclairy]

I had a look at the Hotbit order books.  They are a joke.  Hotbit’s reported volume is fake and the price reflects the lack of liquidity. 

[bbc.reporter]

How can I deposit my Grin coins to Hotbit? All I see is some HTTPS link as a GRIN Deposit Address. How to use it?

The command would be grin wallet send -d (https link) (amount), without the parenthesis.

Can anyone make a trade with me? I want 3 grins for bitcoin, I will send first. I will not trade with random accounts, only the trusted people with or without a positive rating.

@Last of the V8s. An infinite supply should appeal to the miners most, after 10+ years. Bitcoin's capped supply might become an issue after a few more halvings.

I have some coins on a pool but I'm still not certain if I know the process well enough to make sure I don't get scammed or get accused of scamming. I'm not saying you would, it's just a general lack of understanding on my part with the 3-way process. With Bitcoin it's quite simple - I send coins to a given address, it shows up in a block, confirmed, visible on a block explorer, no doubts about it. With grin though... let's say I create a TX file to send to you. Then for whatever reason you fail to create a response file for me to finalize for me and you accuse me that my TX file was bad. Is there a way for a third party to verify that?

I trust you. I would be willing to send first.

Also, have you tried sending your coins in your grin wallet? I would be willing to take the risk of having some issues with the transaction as long as the coins are directly from your wallet, not from a pool. It would be part of the learning process hehehe.

[trackers]

Wtf is with the spread between Hotbit 0.0014 and BitForex 0.0008

I looked into this lol... Turns out Bitforex has withdrawals disabled on Grin until tomorrow (withdrawal will be available on 2019/1/23 15:00 (GMT+8)....I assume at this time a lot of cheap Grin will be withdrawn and transferred to Hotbit and co, and the price will fall @ the expensive exchanges (but possibly rise at Bitforex due to decreased supply?)

[Anon136]

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

I'm kinda bummed there isn't just a basic payout script unless I am completely retarded and missing something, totally possible.

Yea I mean I read all that and mostly followed the instructions (it was impossible to follow them exactly). It says



when I try to enter it as "<wan_ip_address>:<grin_wallet_listen_port>" in my "account settings > payout settings" it says "Address format incorrect.". So when I enter it as "http://<wan_ip_address>:<grin_wallet_listen_port>" it takes it. But seeing as the wallet listener isn't an http server I'm not hopeful...

So now I'm left with "https://<my_wan_ip>:<grin_wallet_listen_port>" saved in there, even though that's technically not how grin addresses are supposed to be formatted, but it's the only thing it will take, and no information saying if it pays out automatically or if I'm supposed to find something to initiate a withdrawal. But if it's the latter I can't find that thing so I'm guessing it's automatic. But if it's automatic I'm above the threshold so I assume it's on a timer?

*update*

Okay now it shows an attempt to pay to "https://<my_wan_ip>:<grin_wallet_listen_port>" with "TXID" "unpaid".

[Hueristic]

I had a look at the Hotbit order books.  They are a joke.  Hotbit’s reported volume is fake and the price reflects the lack of liquidity. 

https://www.reddit.com/r/Nexo/comments/8lmy8a/is_hotbit_volume_fake/

Proof that HotBit is a Scam Exchange (completely fake volume: there are no mature GRIN coins yet)

https://toptechstories.net/proof-that-hotbit-is-a-scam-exchange-completely-fake-volume-there-are-no-mature-grin-coins-yet/

^^-- have no clue if that site is legit. Never heard of this exchange before grin but I don't do shitcoins and those are shitcoin exchanges..

It should be on Binance, I'm surprised it's not with all the hyoe.

[HairyMaclairy]

Wtf is with the spread between Hotbit 0.0014 and BitForex 0.0008

I looked into this lol... Turns out Bitforex has withdrawals disabled on Grin until tomorrow (withdrawal will be available on 2019/1/23 15:00 (GMT+8)....I assume at this time a lot of cheap Grin will be withdrawn and transferred to Hotbit and co, and the price will fall @ the expensive exchanges (but possibly rise at Bitforex due to decreased supply?)

Yeah I dunno.  The order books at Hotbit are pathetically thin.  Caution advised.

[HairyMaclairy]

Beam chain stop event analysis

https://medium.com/beam-mw/mimblewimble-blockchain-stop-event-postmortem-21012019-9a7ef38b2813