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

[Cryptotourist]

I find it absurd how quickly so many people in crypto are willing to yell FRAUD!!! w/o even the least bit of effort to understand how things work.

How can not submitting shares = skimming?  The shares AREN'T SUBMITTED.

It's the node server share min diff setting - grinmint set it to 4, meaning any shares you find w/ diff < 4 won't get submitted to the pool by a properly coded miner.  This is perfectly reasonable even for a single (mid-high end) GPU on 29.  Not so great for 31 - they should be running a separate node for 31 miners IMO.

Don't find it absurd dude, this is crypto we are talking about. LOL

The explanation you provided seems reasonable.
On the other hand, why would a miner care - is another question.
A miner wants to submit as many shares as possible, regardless of difficulty level on the pool side.
So, as far as grinmint goes, fine - it might not be skimming, but it's definitely rewarding less Grin per day compared to other pools.

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[pbfarmer]

I find it absurd how quickly so many people in crypto are willing to yell FRAUD!!! w/o even the least bit of effort to understand how things work.

How can not submitting shares = skimming?  The shares AREN'T SUBMITTED.

It's the node server share min diff setting - grinmint set it to 4, meaning any shares you find w/ diff < 4 won't get submitted to the pool by a properly coded miner.  This is perfectly reasonable even for a single (mid-high end) GPU on 29.  Not so great for 31 - they should be running a separate node for 31 miners IMO.

Don't find it absurd dude, this is crypto we are talking about. LOL

The explanation you provided seems reasonable.
On the other hand, why would a miner care - is another question.
A miner wants to submit as many shares as possible, regardless of difficulty level on the pool side.
So, as far as grinmint goes, fine - it might not be skimming, but it's definitely rewarding less Grin per day compared to other pools.

Depends on how high your GPS is.  If you're submitting enough shares to get at least one per pool block, it shouldn't change your earnings.  1 block at diff X should equal 2 blocks at diff x/2 earnings wise.  If you consistently miss blocks, it can be an issue - it's why i suggested the higher diff for c31 might not be the best idea.

And a miner does not necessarily want to submit as many shares as possible - reduced submissions means reduced network use (the whole point)...  Possibly important to someone w/ usage caps.

[Cryptotourist]

I believe you.
~ 40 G/s on c29, ~ 4 G/s on c31.

But why would that matter to me, if on the 16th-17th on grinmint I mined a little over 3 Grin for 24h with my hardware, and on the next day 17th-18th with the same miners, on sparkpool - gave me a little over 5 Grin. Both on c29.

Currently mining c31 gives me a little less than 2 Grin per day on sparkpool. I haven't re-checked grinmint. Hesitating.

I also realize that grinmint seems to be the official Grin team pool. Perhaps they should reconsider pool difficulty & different c31 port.

[SplitBirb]

If anyone has access to talk to developers please share this with them. I think it would look more appealing in first post with an infographic. Any suggestions for improvement let me know. 🐦

[pbfarmer]

I believe you.
~ 40 G/s on c29, ~ 4 G/s on c31.

But why would that matter to me, if on the 16th-17th on grinmint I mined a little over 3 Grin for 24h with my hardware, and on the next day 17th-18th with the same miners, on sparkpool - gave me a little over 5 Grin. Both on c29.

Currently mining c31 gives me a little less than 2 Grin per day on sparkpool. I haven't re-checked grinmint. Hesitating.

I also realize that grinmint seems to be the official Grin team pool. Perhaps they should reconsider pool difficulty & different c31 port.

Your 4 gps on 31 shouldn't have any issues w/ mint's diff (my current level of .4 otoh, is struggling.)  Last i saw, spark had over 4x the hashpower of mint.  Meaning, you would need 4 days of mining mint to get a 1 day avg usable in a comparison to spark - and both the network and pool h/r would have to hold steady during that 4 days to make the comparison valid.  And that's not even taking into account that a 1 day average really isn't even that meaningful in the first place.

Bottom line, I'm not advocating for any specific pool (though the concentration in the top two pools isn't great.)  More just trying to point out all the moving pieces involved in earnings (and their variability.)

[kostepanych2]

What is the wallet file? It's a wallet.seed? What file should I backup?

[Cryptotourist]

Bottom line, I'm not advocating for any specific pool (though the concentration in the top two pools isn't great.)  More just trying to point out all the moving pieces involved in earnings (and their variability.)

Neither am I. Just trying to figure this out as we move along.
Attempting to, here:

https://bitcointalk.org/index.php?topic=5104296

[crairezx20]

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

[Beyerd17]

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

Would not surprise me if this is heading to below $1 in the next few weeks. It's just too much hassel depositing and withdrawing funds. Also inflation is rampant and that can only hurt Grin short term.

[RivAngE]

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

Personally I'm holding and I'll even buy some as it got cheaper.
This is a top100 coin for sure, it has a fair launch without any premine and a strong community support. Even Bitcointalk is accepting GRIN for payments (https://bitcointalk.org/index.php?topic=5098450.0)

[KhunChan]

Omg the price right now is $5 which is too low compared last 2 days ago I thought that the price will continue to increase but right now the price keeps dropping.

It seems that only early miners already made their profit and keeps selling.

Miners who mine in f2pool I'm sure you are now regretting.

I could not sell for 100 since the withdrawal was 5 coins. And when they brought them out, I sold them for 450. Now I haven’t sold 3 for 250, but they left for 160. In the end, I'm fine =)

[fosograf]

Stamping DOGE - 10k coins per 60 seconds.
Stamping GRIN - 60 coins per 60 sec.
X166+ emission difference
The price tag DOGE ~ @60sat, stabilized over the years, it is almost everywhere and this is the main transit coin for small transactions. Consequently, 60x166 = 0.0001 BTC = red price in long-term resolution
Especially after AMD has sold an over 16gb of useless hardwares a lot and obelisks will sell to a couple wagons of ASICs. Immediately stop massive purchases on the exchanges
And yes .. soon Nicehash will add GRIN. Which compares the average HASH profit on GRIN to Etherhash and x16r very quickly .. draw your own conclusions. guys

[sandinthebones]

Stamping DOGE - 10k coins per 60 seconds.
Stamping GRIN - 60 coins per 60 sec.
X166+ emission difference
The price tag DOGE ~ @60sat, stabilized over the years, it is almost everywhere and this is the main transit coin for small transactions. Consequently, 60x166 = 0.0001 BTC = red price in long-term resolution
Especially after AMD has sold an over 16gb of useless hardwares a lot and obelisks will sell to a couple wagons of ASICs. Immediately stop massive purchases on the exchanges
And yes .. soon Nicehash will add GRIN. Which compares the average HASH profit on GRIN to Etherhash and x16r very quickly .. draw your own conclusions. guys

What difference, with 16gbgpu/asics or without? It will same 60 coins per minute.

[tulpenbollenverkoper]

Terrible shitcoin with huge inflation. This isn´t going anywhere, watch as the value of your investment evaporates. We need an alternative. No wonder people are now shamelessly forking it (see: Grimble).

[fosograf]

What difference, with 16gbgpu/asics or without? It will same 60 coins per minute.

The difference is that when the AMD and OBELISK plants sell this shit to miners GRIN - they will stop supporting the price of GRIN and finally stop the HYIP

Stamping DOGE - 10k coins per 60 seconds.
Stamping GRIN - 60 coins per 60 sec.
X166+ emission difference
The price tag DOGE ~ @60sat, stabilized over the years, it is almost everywhere and this is the main transit coin for small transactions. Consequently, 60x166 = 0.0001 BTC = red price in long-term resolution
Especially after AMD has sold an over 16gb of useless hardwares a lot and obelisks will sell to a couple wagons of ASICs. Immediately stop massive purchases on the exchanges
And yes .. soon Nicehash will add GRIN. Which compares the average HASH profit on GRIN to Etherhash and x16r very quickly .. draw your own conclusions. guys

are you fucking retarded, doge is a shit memecoin, no one takes it seriously.  YOU ARE FUCKING RETARDED.

Mother's investor, when the price of the green falls below $1, do not cry in all chats about how you lost your money, ok? And stfu plz

[Cryptotourist]

What difference, with 16gbgpu/asics or without? It will same 60 coins per minute.

I don't think you can compare them to ASIC's when they come out.
Your 16bg GPU will not stand a chance against an ASIC, at least at X20 performance factor, and only X2 or bit more cost wise.
That is, if it performs like two 2080ti's.
Also you have to consider the reward scheme swing from c29 to c31.

#

Terrible shitcoin with huge inflation. This isn´t going anywhere, watch as the value of your investment evaporates. We need an alternative. No wonder people are now shamelessly forking it (see: Grimble).

OK, thanks. The logo is definitely re-assuring. Kids.

#

It's weird how wrong one person could be and have quickly they take their stance.

Elementary, dear Watson!

[Ano]

I bought 100 coins just for fun almost 3 days ago and it making me angry to see how quickly it make me lose 50% in short time of period. Who are dumping their coins without any bad news so what is going on behind the scene?

[Privcy Foundation]

I bought 100 coins just for fun almost 3 days ago and it making me angry to see how quickly it make me lose 50% in short time of period. Who are dumping their coins without any bad news so what is going on behind the scene?

Sorry to be blunt, but you are idiotic for thinking the price would keep rising this early on.  right no grin has hyperinflation and the price will continue to drop over the next few years.  Sell now if you want to cut your losses.

[Hueristic]

https://bitcointalk.org/index.php?topic=5104584.msg49521552#msg49521552

[Cryptotourist]

I bought 100 coins just for fun almost 3 days ago and it making me angry to see how quickly it make me lose 50% in short time of period. Who are dumping their coins without any bad news so what is going on behind the scene?

Sorry to be blunt, but you are idiotic for thinking the price would keep rising this early on.  right no grin has hyperinflation and the price will continue to drop over the next few years.  Sell now if you want to cut your losses.

Anyway, that's one option.
The other option is to hold, until the price bounces back.
The third option is to buy more Grin to cover some of your losses.

If you sell now, that's definitely only a loss. With the other two options you have a fighting chance.
Dig deep before you buy.
Also, Grin Observer.

#

https://bitcointalk.org/index.php?topic=5104584.msg49521552#msg49521552

They are kids playing around. Parents are out.