[ANN][GRS] Groestlcoin | 1st to activate Segwit & Taproot

[fenghush]

http://dwarfpool.com/grs pool seems is down..

Works fine now.

[azhago]

Smolen has posted his Groestl code from smelter

https://bitcointalk.org/index.php?topic=475795.msg5993529#msg5993529

I don't know if it can be used to optimise more the Groestl miners

[coinano]

Hello GroestlCoin Community

We have added GRS to our voting poll
You can vote for GRS at coinano.com/vote

Our reward system will give a different and exciting experience.
Be online, trade safely&funny and always win !  
Happy trading !!


More Info  https://bitcointalk.org/index.php?topic=527950.0
Visit us   www.coinano.com
Follow us  https://twitter.com/Coinano

there is an error on vote page.

404 - File or directory not found.

So please fix it.
Think you, I think we will vote it up very soon!

Please check again.

Regards.

[th00ber]

I just modify the Excel file to add a column and help the filter on the card chipset.
https://docs.google.com/spreadsheet/ccc?key=0Atmcd1XbwbURdFVhT0w5RXdvcUdKdXVQVUt1blZZSHc#gid=0

And I see that my 7950 are doing well with 5280 Mh/s @ 1050/1250

[azhago]

We need colors to separate lines, but nice addition

[th00ber]

We need colors to separate lines, but nice addition

Just added color by card chipst, so better visualisation when we sort by Hashrate

[azhago]

In the process, my HD5970 is gone...

corrected

[superplus]

Just to make sure: I took the sources and forked it. I am planning on applying a fork if the dev won't show up soon. :p I can do the technical part but I need some others to do PR / graphics.

https://github.com/savale/GroestlCoin

I think it would be better if you have worked together with the dev.

+1

Dev, where are you?

If dev's not responsive, I guess we need to find an alternative, that's how free market works. This coin is one of the best kept alt-coin secrets right now.. Stacking.

may i ask what you got for mining  
just because i spotted the hashrate

Sure, I got a few rigs with R9 280x's.

All miners, I made a quick google spreadsheet with the optimal config for my GPU's, I would recommend you to do the same for your cards/CPU's so the new miners get the most khs for their cards. I believe this is key for groestlcoin to gain more miners.

It is editable by anyone as I trust the community to do what's best for itself:
https://docs.google.com/spreadsheet/ccc?key=0Atmcd1XbwbURdFVhT0w5RXdvcUdKdXVQVUt1blZZSHc#gid=0

thanks for settings
anyway, this must be an entire floor with rigs ^^
the hashrate i saw was insane

[agran]

Intel® Core® i7-4770 Quadcore Haswell @ 3.40 GHz ~ 1400 KH
Intel® Xeon® 2 X L5639 6-Core @ 1.73 GHz ~ 1400 KH
AMD® FX-8350 Eight-Core @ 4.00 GHz ~ 1400 KH

[agran]

https://www.mintpal.com/voting

[jox]

https://www.mintpal.com/voting

first 5 votes from me...

[agran]

Atomic-Trade.com New Coin Poll VOTE
https://bitcointalk.org/index.php?topic=529591.0

[kvipcn]

https://www.mintpal.com/voting

go mintpal.....

FfpnK61Knkxdwn4V9TYKZM4QAgc71Y1Yts     thx

[agran]

https://www.mintpal.com/voting

go mintpal.....

FfpnK61Knkxdwn4V9TYKZM4QAgc71Y1Yts     thx

I received the same letter.

[srcxxx]

Hi Guys!

I think that it would be great to get an article about our coin highlighting its unique features (CPU/GPU friendliness, moderate number of coins, 6% block reward decrease, etc). CoinDesk, Bitcoin Magazine, etc.

I'm ready to pay 10,000 GRS for it. Perhaps somebody would like to join in paying the bounty.

What do you think?

Difficulty is not increasing (see http://dwarfpool.com/grs), so it means that less people are actively mining it. We need to raise awareness about this great coin.

PS: I've set up a public trello account with some of ideas on what to do next. Please feel free to edit and add your own recommendations. Perhaps we can vote on todo items later. Here's the link: https://trello.com/b/EUl5cwEz/todo. I think it is easier to track items using trello than in this thread, but of course we can keep the discussion in this thread and/or PM.

Thanks,
Dmitriy (srcxxx / CryptoHunger)

Edit: offering 10,000 GRS for professional-looking design of the main website, not just any design. See details here: https://trello.com/c/wbc01pbL/2-re-design-the-website. It should be on par or better than other coins. If 10,000 is not enough, perhaps others could help fundraising?

[Calhil]

Can anyone explain to me why would anyone invest in a coin which heavily favors early adopters? I mean whats stopping people from dumping 20% of all the coins mined after 1 month?

Klondikecoin did something similar. It had 77 coins per block in the beginning, then a lot less (16 afair). Its price has fallen more than 20x.

To anyone reading this: please think and do some research before you buy this coin.

[Manwe]

https://www.mintpal.com/voting

go mintpal.....

FfpnK61Knkxdwn4V9TYKZM4QAgc71Y1Yts     thx

No, please don't go Mintpal, unless you want GRS being dumped, Mintapl is a shit!

[DubFX]

Can anyone explain to me why would anyone invest in a coin which heavily favors early adopters? I mean whats stopping people from dumping 20% of all the coins mined after 1 month?

Klondikecoin did something similar. It had 77 coins per block in the beginning, then a lot less (16 afair). Its price has fallen more than 20x.

To anyone reading this: please think and do some research before you buy this coin.

Did bitcoin have lower reward at first? No it was bigger and did get halved...

[srcxxx]

Can anyone explain to me why would anyone invest in a coin which heavily favors early adopters? I mean whats stopping people from dumping 20% of all the coins mined after 1 month?

Klondikecoin did something similar. It had 77 coins per block in the beginning, then a lot less (16 afair). Its price has fallen more than 20x.

To anyone reading this: please think and do some research before you buy this coin.

Reward decreases relatively fast, but not too fast. It still would be worth embracing Groestlcoin even in a few months from now. The value of coin does not only depend on coin reward. It also depends on difficulty. For example, I was getting roughly 3300grs last week with reward 512 (mining with 49mhs). Now I'm getting 5000+ with 481 block reward.

The idea of large rewards in the beginning is to get more people have these coins. It's like 50% discount vouchers for restaurants. If you have the voucher and you liked the place, you'll go there once again.

With introduction of super speed scrypt asics later this year, coins like this one will get lots of attention. And I recommend to mine/buy GRS while it is relatively cheap. That's what I'm doing myself at least.

As for dumping 20% of coins... Well, nothing is stopping. But it is the same for all coins. Bitcoin, litecoin for example.

[azhago]

Can anyone explain to me why would anyone invest in a coin which heavily favors early adopters? I mean whats stopping people from dumping 20% of all the coins mined after 1 month?

Klondikecoin did something similar. It had 77 coins per block in the beginning, then a lot less (16 afair). Its price has fallen more than 20x.

To anyone reading this: please think and do some research before you buy this coin.

It's not too late to be an early adopter. This coin is 10 days old, you have not missed the boat yet. Reward was lower than at start, (480 instead of 512) but only by 6%, not half.

Diff is not too high for the moment, and price is low. I mine it, but i buy it too.


What's stopping people from dumping ? Nothing, just look at the bitcoin, chineese people (and others) are just dumping it right now. Are they early adopter? Not sure.
But after 10 days, some GRS were dumped, and we bought those. Coin value is pretty stable for a new currency ( in comparaison to others)

Summer is coming. with heat. Scrypt asics in volume too.
Alternative algo like Groestl, which consume 1/2 less than scrypt and 1/3 less heat will surely retain attention.