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

[bbc.reporter]

@Febo. Agreed, however the miners might be speculating something optimistic to occur hehehe.

@RivAngE. As Febo showed, the hashrate has increased 3x in the last 3 weeks. There might be more GPU mining farms transferring from other cryptocoins to Grin.

Which would seem weird, seeing how GRIN is not that profitable so why would they come over to GRIN?
But the coins they come from might have been taken over by ASICs and FPGAs, so for whatever reason they're forced to stick with GRIN regardless of profitability.

I guess they have "free" power...

Miners usually only speculate that a cryptocoin's price will improve and that the risk taken will give them a better ROI than those other coins.

Cheap power helps, however, it will never stop them from seeking greater profit, I reckon.

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[tranthidung]

Miners usually only speculate that a cryptocoin's price will improve and that the risk taken will give them a better ROI than those other coins.

Cheap power helps, however, it will never stop them from seeking greater profit, I reckon.

Smart miners will keep running their rigs when price falls and others turn off their rigs. When difficulty falls too, they will get more coins from mining in the same period of rig operations, at same cost of electricty. In the long run, when price rallies, miners will come back, difficulty will consequently increase, and they can take profits. In general, they will get higher profits than other miners whom left when price falls deeply. Especially, this strategy should  be applied only for good altcoins, for shitcoins, applying this strategy will end with losses, because shitcoins will end with zero price, zero volume.

[pi314s]

You guys don't believe this crypto crap is a complete scam? The daily browsing of the forum becomes clearer and clearer for me.

[bbc.reporter]

Miners usually only speculate that a cryptocoin's price will improve and that the risk taken will give them a better ROI than those other coins.

Cheap power helps, however, it will never stop them from seeking greater profit, I reckon.

Smart miners will keep running their rigs when price falls and others turn off their rigs. When difficulty falls too, they will get more coins from mining in the same period of rig operations, at same cost of electricty. In the long run, when price rallies, miners will come back, difficulty will consequently increase, and they can take profits. In general, they will get higher profits than other miners whom left when price falls deeply. Especially, this strategy should  be applied only for good altcoins, for shitcoins, applying this strategy will end with losses, because shitcoins will end with zero price, zero volume.

I reckon the smart miners should become more aggressive in mining cryptcoins that they speculate might increase in price and stop mining bearish coins.

Some of them cannot compete with big farms and have to be smart in using their GPUs, energy.

[tbct_mt2]

Grin hashrate increased for more then three times in last three weeks. That is good news for the coin. Not so good for miners.

It is good for all, includes miners, if they don't sell their coins at the moment. They (miners) will get significant profits too, (much higher than what they get if they sell their coins at the moment), because price of Grincoin will rise over time (as same as what we saw with bitcoin). When hashrate increases, price will consequently rise later. Another plus point for this forecast is altcoin season to come soon, maybe in September this year.

[AlecMe]

Anyone having issues with F2Pool and Grin++ 0.6.3 wallet (on mac) and withdrawals?

I left the wallet online, waited 24h when setting the address, wrote to them, told me to wait for re-attempt on the fail TX, waited, nothing, then wrote to them again and was adviced to wait another 7 days for a re-attempt.

In the meanwhile, my Grin coins are still marked as unpaid on f2 pool and I am worried now it will remain there and get transferred to them as a donation.


Is anyone else having this issue?

Or any advice?

Currently, I am tempted to put it all in an exchange wallet and reduce the headache, but then what's the point of it? Hodl to support

[coinpricetoday]

GRIN is an amazing project but your review or feedBACK can help the NEW investor .
share your feedback by going to

https://coinpricetoday.com/coin/grin/

[chickromero]

GRIN is an amazing project but your review or feedBACK can help the NEW investor .
share your feedback by going to

https://coinpricetoday.com/coin/grin/

Thanks for that. I am a relatively new investor and I like this project. Does anyone know if their current roadmap 100% up to date? Or are there other features that are not announced yet?

[RivAngE]

Anyone having issues with F2Pool and Grin++ 0.6.3 wallet (on mac) and withdrawals?

I left the wallet online, waited 24h when setting the address, wrote to them, told me to wait for re-attempt on the fail TX, waited, nothing, then wrote to them again and was adviced to wait another 7 days for a re-attempt.

In the meanwhile, my Grin coins are still marked as unpaid on f2 pool and I am worried now it will remain there and get transferred to them as a donation.


Is anyone else having this issue?

Or any advice?

Currently, I am tempted to put it all in an exchange wallet and reduce the headache, but then what's the point of it? Hodl to support

I don't know about F2Pool, too much Chinese and too much whale-focused.
I use Grinmint and I'm happy with them, no reason to change them. I used F2Pool in the beggining and they were expecting me to mine a big amount of coins for the level of difficulity it had reached.
They also had different balances for the two different algorithms while Grinmint has a single balance.

[igotek]

https://grinmint.com/ doesnt pay my payout request. I have been waiting for a day !!
Does anyone know anything ?

[cryptoDahu]

I've been using grinmint since the beginning. I've never had any problems with the payments.
You can always contact the admin on discord:

- Discord https://discord.gg/Z3sEfEU

https://grinmint.com/ doesnt pay my payout request. I have been waiting for a day !!
Does anyone know anything ?

[fapar]

https://grinmint.com/ doesnt pay my payout request. I have been waiting for a day !!
Does anyone know anything ?

The problem with enrollment may be on the recipient's (exchange's) side. It is better to recheck the recipient's address once again. With grinmint.com never had a problem, I confirm.
For example, on the HitBTC currently, the deposit is impossible, the status is offline.

[polylogic]

i dont know, once the innosilicon g32 hits your hashrate up skyhigh in jan 2020 there wont be much left for the small guys.
then what else will be mineable with these asics. as much as i like grin from an investment point of view this bound to loose some money.
please correct me if im wrong.

[bbc.reporter]

Has anyone created a chart for Grin's hashrate with the correct information finally? Different websites have different hashrates.

@polylogic. Agreed. Wait for $0.50.

[Gash]

https://grinmint.com/ doesnt pay my payout request. I have been waiting for a day !!
Does anyone know anything ?

The problem with enrollment may be on the recipient's (exchange's) side. It is better to recheck the recipient's address once again. With grinmint.com never had a problem, I confirm.
For example, on the HitBTC currently, the deposit is impossible, the status is offline.

Where are u gonna get enrolled? To military service I guess. I will be your paid guide. I make living showing people the inside of a military camp, how to use rifles and beat up people with the most efficacy. A couple times a day I face issues with people not willing to pay for my service. I chunk them badly with my fist and take the money and everything out of their pockets while they are unconscious.

[tromp]

Has anyone created a chart for Grin's hashrate with the correct information finally? Different websites have different hashrates.

https://grin.report/d/xoo9N43iz/chain?orgId=1&from=now-90d&to=now is pretty accurate AFAICT.
So are https://grin-fans.org/en/chart/difficulty and https://grinscan.net/charts but these have fixed timeframes...

[layer1gfx]

i just read and translated a mimble wimble article for binance academy.
https://www.binance.vision/blockchain/what-is-mimblewimble

during that task i also found out a bit more about GRIN.
i would check here from time to time to see what's new - the project is definitely quite interesting.

[bbc.reporter]

@layer1gfx. Grin's monetary policy is also designed to gain wider adoption than bitcoin because of infinite emmission.

Also, I reckon that other characteristics of Grin is correcting the mistakes of other cryptocoins like the mistake of deciding for Asic resistance of Monero, the mistake of nonfungibility in bitcoin and the mistake of a capped supply of most cryptocoins that might limit its distribution and adoption.

[Hueristic]

@layer1gfx. Grin's monetary policy is also designed to gain wider adoption than bitcoin because of infinite emmission.

Also, I reckon that other characteristics of Grin is correcting the mistakes of other cryptocoins like the mistake of deciding for Asic resistance of Monero, the mistake of nonfungibility in bitcoin and the mistake of a capped supply of most cryptocoins that might limit its distribution and adoption.

Actually Grins Cockoo cycle POW was originally conceived to be asic resistant.

You can look back were I ask Tromp how that would work once HBM came out.

[bbc.reporter]

@Hueristic. I reckon it proves that there is nothing asic resistant. However, Monero's change of mining algorithm to RandomX might be the first serious change to prove that there is asic resistance or the last serious try that might prove that it is impossible hehe.