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

[rendravolt]

what do u think about price in 1-2 month?

Price won't be going sky high with this one, I expect a lower price coin with it's large supply.

Agreed with you supply will keep increasing so high so it become hard task for this coin to make maintain its market cap. I also think it has big chance to drop and we will see this on low level.

Large supply coins will affect prices drastically, but if there are investors who are backing up, it looks like it won't be a problem.

[1713846988]

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[WOPR]

When a new coin is out better to wait at-least 3-4 weeks for correct price to show, it may even take longer.  Right now hype and other important indicators are playing with the price. Investing now can be risky especially those that bought in beginning at 250$ per grin coin.

[BCGrin]

Grin Coin Exchange Comparison

https://medium.com/@grincoin/grin-exchange-comparison-445959fb435b

- where do you trade?

[Cryptotourist]

When a new coin is out better to wait at-least 3-4 weeks for correct price to show, it may even take longer.  Right now hype and other important indicators are playing with the price. Investing now can be risky especially those that bought in beginning at 250$ per grin coin.

I've read this a couple of times but I really don't believe it.
I was watching when the coin launched and as it came live on coingecko.

Bitforex was the leading exchange that day with Grin volume that didn't even exist at that time (fake API, volume).
If you checked the order book, you would see insane initial orders filled out with only a few Grin.
Nobody actually bought at that price imo

[all2much]

Am I correct in stating that there will be approximately 315 million GRIN after 10 years?

1 per second x 10 years?

If so the supply doesn't seem that high to me considering what the potential is for this coin to develop in the next ten years.

[BCGrin]

Am I correct in stating that there will be approximately 315 million GRIN after 10 years?

1 per second x 10 years?

If so the supply doesn't seem that high to me considering what the potential is for this coin to develop in the next ten years.

You're right. I also think the same - many people misunderstand. They think that Grin's monetary policy is stupid and irrational. Well, it is not. It has been designed this way on purpose. I personally think it's a good model and will play out nicely. Here's a nice chart that shows the Grin supply

https://docs.google.com/spreadsheets/d/1RO3zc5AvfN9rcVnrYnLjqCikFLHmD39_7MCV18lDrvc/edit#gid=0

[SplitBirb]

Wrote an article regarding Grin. You can read it in the following link. https://bitcointalk.org/index.php?topic=5101853.0

[all2much]

Am I correct in stating that there will be approximately 315 million GRIN after 10 years?

1 per second x 10 years?

If so the supply doesn't seem that high to me considering what the potential is for this coin to develop in the next ten years.

You're right. I also think the same - many people misunderstand. They think that Grin's monetary policy is stupid and irrational. Well, it is not. It has been designed this way on purpose. I personally think it's a good model and will play out nicely. Here's a nice chart that shows the Grin supply

https://docs.google.com/spreadsheets/d/1RO3zc5AvfN9rcVnrYnLjqCikFLHmD39_7MCV18lDrvc/edit#gid=0

Glad I'm not alone in my opinion, thanks for the link! 

[Texacha]

Glad I'm not alone in my opinion

Nope, now there's two of you.

[all2much]

Glad I'm not alone in my opinion

Nope, now there's two of you.

You just reminded me how much I love the TV show Counterpart  

[Privcy Foundation]

Glad there is a coin I can mine for a good profit now, dumping this shit left and right.  Feel bad for the suckers buying but If they are going to be dump I have no problem dumping on them.

[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/

[pbfarmer]

I just started mining Grin in grinmint.com (Win10, AMD). I've created account in BitForex, as this seemed like the most straight-forward way to get a wallet address where I can send the mined coins (when confirmed etc).
Can somebody who has already went through that explain the process - once there are mined coins in GrinMint, how to get them in BitForex with min.risk?

Another question - I saw some topics for Bminer being the fastest miner. I have AMD cards, so it doesn't work with them, right?

RX 580, 8GB gives me ~ 1,5 gps - is that OK, good or bad?

It was a pretty efficient spot to be w/ GGM.  Grin Pro (basically new vers of GGM) gives a massive bump to 2 gps w/ same settings.

Thanks, tried GrinPro and I get ~1,7gps on each car.
What settings do you have on the RX580 to get 2gps?

Mem doesn't matter much - mostly about core.  I see a lot of ppl w/ core around 1100 - not sure what algo they're coming from, but that's pretty low for mw.

I'm at 1250/2000 @ 850mv for ~105w.  Seen a lot of chatter about CPU strength affecting h/r - i have ryzens and higher end intels.  Celerons may be a bottleneck.

[JuanHungLo]

I just started mining Grin in grinmint.com (Win10, AMD). I've created account in BitForex, as this seemed like the most straight-forward way to get a wallet address where I can send the mined coins (when confirmed etc).
Can somebody who has already went through that explain the process - once there are mined coins in GrinMint, how to get them in BitForex with min.risk?

Another question - I saw some topics for Bminer being the fastest miner. I have AMD cards, so it doesn't work with them, right?

RX 580, 8GB gives me ~ 1,5 gps - is that OK, good or bad?

It was a pretty efficient spot to be w/ GGM.  Grin Pro (basically new vers of GGM) gives a massive bump to 2 gps w/ same settings.

Thanks, tried GrinPro and I get ~1,7gps on each car.
What settings do you have on the RX580 to get 2gps?

Mem doesn't matter much - mostly about core.  I see a lot of ppl w/ core around 1100 - not sure what algo they're coming from, but that's pretty low for mw.

I'm at 1250/2000 @ 850mv for ~105w.  Seen a lot of chatter about CPU strength affecting h/r - i have ryzens and higher end intels.  Celerons may be a bottleneck.

I have a variety of rigs with different processors.  I primarily have Vega56s and 4708Gbs., All the rigs with the 8 core Vishera processors are much higher h/r than those with celerons or 2-core phenoms.  The weak link IS the CPU.

[WillJ7]

This. Stuff like this is why I try to stay in the warm comfort of the WO thread 

* BobLawblaw raises walking-stick and mock-angrily shakes at Theymos

I was ignoring this whole Grin thing and then I see you in this chat room.  Crap.  I guess I have to read up on it now.

[bbc.reporter]

Am I correct in stating that there will be approximately 315 million GRIN after 10 years?

1 per second x 10 years?

If so the supply doesn't seem that high to me considering what the potential is for this coin to develop in the next ten years.

You're right. I also think the same - many people misunderstand. They think that Grin's monetary policy is stupid and irrational. Well, it is not. It has been designed this way on purpose. I personally think it's a good model and will play out nicely. Here's a nice chart that shows the Grin supply

https://docs.google.com/spreadsheets/d/1RO3zc5AvfN9rcVnrYnLjqCikFLHmD39_7MCV18lDrvc/edit#gid=0

Agreed. I always was a believer of the tail emmission that some cryptonote coins implemented. However, the implementation was more for the adapative block size than the distribution, but it still gives continuous incentives for miners.

In anycase, a hard cap on the supply in some coins are not practical unless the developers were planning something else for the coin other than make it a daily currency. The hard cap encourages hoarding, which might be a limitation for mass adoption.

[Hueristic]

Glad I'm not alone in my opinion

Nope, now there's two of you.

You just reminded me how much I love the TV show Counterpart  

Yeah, good show.

[HairyMaclairy]

what do u think about price in 1-2 month?

If you're in this for the price right now, I might recommend starting a new thread speculating about that.

It is risky involving yourself with a new project, and we are far too early to gauge price.

As some Wall Observers have noted (Hairy ?), it is currently over-priced, given the constant emission rate and inflationary factors.

Sorry hijack

I have built an initial position with funds I am happily prepared to lose.  I have waiting for Grin for almost a year and wouldn’t forgive myself if this one got away. 

That said I won’t be buying again above 0.0005 BTC and then only in small bites to dollar cost average down. 

[TTT100]

Hello! Help please.
trying set up wallet on Virtualbox. After wallet installing need to open 3415 port for deposit.
1.what ip set in router for 3415 port?  192.168...?
2.how check it work?
3.what address use for deposit? 10.15.20... :3415 from wallet  or real ip:3415 ?

[Cryptotourist]

Hello! Help please.
trying set up wallet on Virtualbox. After wallet installing need to open 3415 port for deposit.
1.what ip set in router for 3415 port?  192.168...?
2.how check it work?
3.what address use for deposit? 10.15.20... :3415 from wallet  or real ip:3415 ?

1. Yes, open the port for your Virtualbox local network ip.
2. Port forward check tool: http://www.canyouseeme.org/
3. To make sure I would use your real WAN ip. That said, both should work if configured correctly.

4. Use the email withdraw option.