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

[Cryptotourist]

I am not speaking of Double spending. Many coins have been exploited by the creation of false coins and caught by the community via the explorer showing an obscene amount of coins directed to a single address. How can we be sure that is not occurring as we speak? This is a glaring issue that requires far too much trust when cryptocurrency is meant to be trustless. This is the exact opposite of the purpose of cryptocurrency.

As for proof I have none, because it is impossible to know, that being the issue. We have to entrust that everyone is playing by the rules, when we know that everyone playing by the rules is very unlikely. This is the Schrodinger's cat of cryptocurrency. Grin is neither exploited or un-exploited because we can not see inside the box, this is virtually us entrusting in the government all over. Funny how things come full circle, eh.

Thank you for the detailed answer.
An obscene amount of Grin moving to a single address doesn't mean much though. Could be just a whale swimming.
Other than that, I tend to agree with your view point.

[1713858884]

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[1713858884]

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[1713858884]

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[vapourminer]

Out of curiosity, does anyone know / has tried running a 2080ti and 1080ti in the same rig, for mining purposes ?

Will this create a black hole and destroy my garage ?

I see no reason why they couldn't be taken together in the same rig.

yeah pretty much this.

dont have a 2080ti to mix in but on one rig i have 460/2x470/1070/1070ti/2x1080ti. win10pro 1709  with updates locked out.

assuming your psu can shovel out the watts i cant see any reason they wont coexist fine.

[Cryptoneze]

I am not speaking of Double spending. Many coins have been exploited by the creation of false coins and caught by the community via the explorer showing an obscene amount of coins directed to a single address. How can we be sure that is not occurring as we speak? This is a glaring issue that requires far too much trust when cryptocurrency is meant to be trustless. This is the exact opposite of the purpose of cryptocurrency.

As for proof I have none, because it is impossible to know, that being the issue. We have to entrust that everyone is playing by the rules, when we know that everyone playing by the rules is very unlikely. This is the Schrodinger's cat of cryptocurrency. Grin is neither exploited or un-exploited because we can not see inside the box, this is virtually us entrusting in the government all over. Funny how things come full circle, eh.

Thank you for the detailed answer.
An obscene amount of Grin moving to a single address doesn't mean much though. Could be just a whale swimming.
Other than that, I tend to agree with your view point.

I was speaking about an obscene amount of coins being generated by a single address, that would signal an exploit.

[Gash]

I am not speaking of Double spending. Many coins have been exploited by the creation of false coins and caught by the community via the explorer showing an obscene amount of coins directed to a single address. How can we be sure that is not occurring as we speak? This is a glaring issue that requires far too much trust when cryptocurrency is meant to be trustless. This is the exact opposite of the purpose of cryptocurrency.

As for proof I have none, because it is impossible to know, that being the issue. We have to entrust that everyone is playing by the rules, when we know that everyone playing by the rules is very unlikely. This is the Schrodinger's cat of cryptocurrency. Grin is neither exploited or un-exploited because we can not see inside the box, this is virtually us entrusting in the government all over. Funny how things come full circle, eh.

Thank you for the detailed answer.
An obscene amount of Grin moving to a single address doesn't mean much though. Could be just a whale swimming.
Other than that, I tend to agree with your view point.

What are you wailing about? Obscene coins lol?? is there a pretext with hidden sexual meaning about these coins' nastyness? Look what that idiot says: Schrodinger's cat of cryptodumbency sits inside the blockchain and scratches its undergrid while uncertainty principle prohibits the existence of malign transaction cause these transactions and coins generated from unknown origins collapse into the possibility of multi-outcome function.

[Cryptotourist]

I was speaking about an obscene amount of coins being generated by a single address, that would signal an exploit.

OK, likewise, a Bitmain style huge farm, and/or Nicehash style mining (not available yet publicly).
Even early FPGA's.
Both considered, on their conference the other day, Grin team did naturally admit to be mining/supporting their coin.
All this is speculation of course, but I hear ya. As you mentioned, we have to trust something, in a not to be trusted environment.

#

What are you wailing about? Obscene coins lol?? is there a pretext with hidden sexual meaning about these coins' nastyness? Look what that idiot says: Schrodinger's cat of cryptodumbency sits inside the blockchain and scratches its undergrid while uncertainty principle prohibits the existence of malign transaction cause these transactions and coins generated from unknown origins collapse into the possibility of multi-outcome function.

Getting techie now, but I like it  

FIGHT!


Cryptoneze vs Gash: 1-1

[Cryptoneze]

I am not speaking of Double spending. Many coins have been exploited by the creation of false coins and caught by the community via the explorer showing an obscene amount of coins directed to a single address. How can we be sure that is not occurring as we speak? This is a glaring issue that requires far too much trust when cryptocurrency is meant to be trustless. This is the exact opposite of the purpose of cryptocurrency.

As for proof I have none, because it is impossible to know, that being the issue. We have to entrust that everyone is playing by the rules, when we know that everyone playing by the rules is very unlikely. This is the Schrodinger's cat of cryptocurrency. Grin is neither exploited or un-exploited because we can not see inside the box, this is virtually us entrusting in the government all over. Funny how things come full circle, eh.

Thank you for the detailed answer.
An obscene amount of Grin moving to a single address doesn't mean much though. Could be just a whale swimming.
Other than that, I tend to agree with your view point.

What are you wailing about? Obscene coins lol?? is there a pretext with hidden sexual meaning about these coins' nastyness? Look what that idiot says: Schrodinger's cat of cryptodumbency sits inside the blockchain and scratches its undergrid while uncertainty principle prohibits the existence of malign transaction cause these transactions and coins generated from unknown origins collapse into the possibility of multi-outcome function.

Just because you don't agree doesn't make it any less true. There is always the possibility of an exploit, this is the reason why a public traceable ledger was implemented for bitcoin. Grin requires you to TRUST that it isn't being exploited when the purpose of cryptocurrency is to be trust-less.

[lobcmt2]

Personally, I will stick with Grin coin, rather than the newest two shitty clone coins from Grin.
They don't serve for anything useful in crypto, but Grin coin does.
By now, Grin coin has real usecase in the forum, as one of two available payment gates, beside BTC.

[Ano]

had a look

Are talking about listing on new exchanges which is really nice for this coin and this is good sign it has good demand maybe people will get chance to make huge profit if this will keep coming on big exchanges.

[Febo]

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.

It will be sub $1 eventually but not in few weeks time. First hype is behind us. But there will be new hypes when Grin will get listed on big exchanges. Question is how long we will have to wait for that. If it will happen soon then we will get new ATH. If it will only happen after few months then we might now.

totally agree

If everyone agrees than it's not such a sure thing, I've learned my lesson on that with crypto before.

If me and magaura agree that dont mean that everyone agree.  But I am 99% sure I am right. all we need to do is wait a year. In 2-3 years time Grin can be sub 1000 satoshi. And this speculation base solely on emission schedule. Not considering that something goes fundamental wrong with Mimblewimble that is an experimental technology.

[Che454010]

Этo нoвый биткoин,ecли ктo нe пoнял eщe
Hoвыe вoзмoжнocти,чтo дacт биткoинy и дpyгим жизнь кaк бы
Цeнa бyдeт cкopo 100$ a пoтoм и 1000$  

This is a new bitcoin, if someone has not understood yet
New features that will give Bitcoin and others life as it were
The price will be soon $ 100 and then $ 1000; D
«Aвaнгapд»

[Wolfy10]

Luxor's GRIN Mining Pool

At Luxor we’ve been following MimbleWimble and Grin in particular for a few months now. We’re very excited to join the Grin community as we share some of its core values: Decentralization & True Privacy.

We want to see this project thrive, that’s why we decided to support this project by creating a high-quality mining pool.

On top of that we set aside a few hours of our team to do some research about Grin and put along a few interesting articles to help the community:

    Grin: The First MimbleWimble Implementation

    How to start mining GRIN

    How to install and run a Grin Node + Wallet

    Luxor x BitMesh Withdrawal Guide

We decided to donate to the Core-Devs to continue funding development! We’re thrilled to become Grin’s Friends.

We also developed a mining calculator for C29, C31, and C32: http://grin.luxor.tech/statistics

Looking forward to seeing everyone at our Discord Channel and keep talking about Grin & MimbleWimble.


#HappyHashing

LuxorTechTeam

[pbfarmer]

Under $1 Grin is wishful thinking imo, it's not gonna happen.
That would mean, that everybody would stop mining it. They would have to.
And that would be declaring Grin a complete failure - in a few weeks as you mentioned.
I don't see it.

Well... not everybody, just ~75% or so to push the diff low enough to make mining profitable again.

Miners have gone a bit crazy on Grin, I'm taking my and cards off it and putting them on something else in the mean time. I am however picking up more Nvidia cards as Grin and other cuckaroo coins will be popular for a while.

What coin are you suggesting is better to mine right now (w/ reasonable exchange volume on at least mid-tier exchanges.)  From what I see, this is by far the most profitable (esp on 31,) by an order of magnitude.

Not sure, and I may not be keeping my word too much on it, I want to expand my Nvidia holdings, it seems AMD is just a bit too weak at this, there are rumors of a flashing the Vega cards to a a FirePro bios which would enable DirectGMA  and make a vega comparable to a 1080ti since the memory bottleneck would be gone like with DirectGPU.


*You might just be able to flash pro series amd bios to mainstream but the Firepro software checks for certain on board things*

I don't think you're ever gonna get a vega to 1080ti performance.  But it's currently in line w/ a 1070ti - 1080, which isn't bad in my opinion, given the lack of dev focus on AMD at the moment...  I get .44 for c31 on my 64s @ 165W - can do quite a bit better I'm sure, if i was willing to run 200+W.

[GD199]

Good point, we cannot, any proof maybe?

From the little I've seen & read, double spending is next to impossible. Then again, that means shit.

some one didnt read the WP

MW protocol is based on the proof that on every tx/block the outcome of outputs - inputs = 0

[busminer]

Beware ! scam attempt !
This chat, bot, bounty has nothing to do with Grin
Ann channel http://t.me/grinofficialnews
Chat https://t.me/grincoinchat
Bot @Grinbounty_bot

[_javier_]

I cant reach f2pool or sparkpool from one internet provider, and it works fine from another... weird 

[Chris!]

I cant reach f2pool or sparkpool from one internet provider, and it works fine from another... weird 

Maybe it's a sign to go to a pool that isn't dominating the hash rate. 

[busminer]

https://twitter.com/AlexKosa1/status/1092681681872568320

[RivAngE]

I cant reach f2pool or sparkpool from one internet provider, and it works fine from another... weird 

Maybe it's a sign to go to a pool that isn't dominating the hash rate. 

And which is not asking for a damn mobile number!

Talking of which... now that I'm done using f2pool I should go change my phone number there to a fake number. That way when they'll sell my personal info they won't give my real number!

[Cryptotourist]

Since we are talking about pools...
Sparkpool is on holidays.

Did get a mail saying they would.
Just didn't believe that everything would come to a halt.
My withdraw mail did not arrive today, nor have they replied to my message, and that is a first.

[optim1stic]

Recently a lot of talk about Grin. I heard that Grin is anonymous.
If I buy Grin on the exchange, where to store it?  Which wallet to use?