[ANN][GROINCOIN][GXG] GroinCoin is Still Here

[GuncoinInfo]

I wish to thank all of you who have helped keep this coin alive and moving over the past several years - and to damm315er and guncoininfo for being my voice when I was gone.  Personal circumstances dictated my absence.  But I am back and ready to move the coin forward again.

For those that question if I am the original owner/developer, you only need to check http://groincoin.com/gxg-news/.  For whatever reasons, my absence disqualified me from having control of my original account here - so we will go with this one - doubt you will forget the name.

While we are thrilled that Groin Coin is still functioning, it is time to get GXG to the next level I think and make those who stuck with the coin proud of the millions of coins they are sitting on.  So we are still in discussions with our developer/programmers as to the best technology to use going forward and are next set of updates.  You may have heard lots of rumors of POS, masternodes, airdrops, etc. - those are all great options and strongly being considered - but at this time our roadmap is officially a blank sheet of paper.  The official word will come from this handle and you will see it backed up on Facebook and Twitter and whatever other social media.  Keep in mind, you cannot just jump to a new technology, there must be a path that gets you there that preserves the history of the blockchain and the coins people have.

So again, thanks for hanging around, please stay tuned for more updates as we get the coin rolling again over the next few weeks.

Excellent news - Welcome back!

[Groin_Support]

I wish to thank all of you who have helped keep this coin alive and moving over the past several years - and to damm315er and guncoininfo for being my voice when I was gone.  Personal circumstances dictated my absence.  But I am back and ready to move the coin forward again.

For those that question if I am the original owner/developer, you only need to check http://groincoin.com/gxg-news/.  For whatever reasons, my absence disqualified me from having control of my original account here - so we will go with this one - doubt you will forget the name.

While we are thrilled that Groin Coin is still functioning, it is time to get GXG to the next level I think and make those who stuck with the coin proud of the millions of coins they are sitting on.  So we are still in discussions with our developer/programmers as to the best technology to use going forward and are next set of updates.  You may have heard lots of rumors of POS, masternodes, airdrops, etc. - those are all great options and strongly being considered - but at this time our roadmap is officially a blank sheet of paper.  The official word will come from this handle and you will see it backed up on Facebook and Twitter and whatever other social media.  Keep in mind, you cannot just jump to a new technology, there must be a path that gets you there that preserves the history of the blockchain and the coins people have.

So again, thanks for hanging around, please stay tuned for more updates as we get the coin rolling again over the next few weeks.

One thing that I can confirm as move forward, is that we will upgrade the algorithm from X11 to X17 most likely.  X11 has served us very well and we prefer to just stay with that series of algorithms - especially the one that is the most current and most ASIC-proof.  Speaking of mining coins, do we have any active pools for GXG that are running?  Please let me know.

[GuncoinInfo]

One thing that I can confirm as move forward, is that we will upgrade the algorithm from X11 to X17 most likely.  X11 has served us very well and we prefer to just stay with that series of algorithms - especially the one that is the most current and most ASIC-proof.  Speaking of mining coins, do we have any active pools for GXG that are running?  Please let me know.

Great news on moving forward and the website is starting to look very good too!

[Groin_Support]

Great news on moving forward and the website is starting to look very good too!

Among other things, we will be developing our own mining pool for GXG users to use to mine as it does not appear that there are any functioning pools, only a few solo miners. We hope to have this up and running quickly.

For now, our first upgrade for Phase I will occur in a few weeks and be very simple - bring the coin current with technology in its current state and re-establish the blockchain with the new revision and update features.  This will prove the real GXG team is back and moving forward and that we still have a stable coin.  While this is going on, you will see the infrastructure surrounding Groin Coin (website, mining pool, etc.) start to take better shape.

After that, we have much bigger plans to do a lot more - to be announced.  But to do more, we need a more stable coin with an active community.  Once we think we have those, Phase II of the Groin Coin re-launch will be unveiled and promoted.

[GuncoinInfo]

Great news on moving forward and the website is starting to look very good too!

Among other things, we will be developing our own mining pool for GXG users to use to mine as it does not appear that there are any functioning pools, only a few solo miners. We hope to have this up and running quickly.

For now, our first upgrade for Phase I will occur in a few weeks and be very simple - bring the coin current with technology in its current state and re-establish the blockchain with the new revision and update features.  This will prove the real GXG team is back and moving forward and that we still have a stable coin.  While this is going on, you will see the infrastructure surrounding Groin Coin (website, mining pool, etc.) start to take better shape.

After that, we have much bigger plans to do a lot more - to be announced.  But to do more, we need a more stable coin with an active community.  Once we think we have those, Phase II of the Groin Coin re-launch will be unveiled and promoted.

Yes, a GXG dedicated pool would be a great first step and much needed.

[Groin_Support]

Well, trying to re-launch a coin with new code is not as easy as we planned and taking longer than expected - for that I apologize.  The plan is to do this in two phases.  Phase 1 would be to advance GXG to the X17 algorithm and get the coin infrastructure (mining pools, exchanges, wallets, etc) stable and active.  Then we would lay out plans for Pase 2 that would transition the coin to a POS type coin with Masternodes that would provide a great payment solution for our 3 target markets and investment opportunity for our long time coin holders.  I thank you for your continued support during this transition period.

[anneke2001]

What? Masternodes are going to be a costly thing, I'm in, at this low price.
I am going to eat my diSk live on CNBC if this coin is lower at New Year, together with John McAfee, he will have to eat other hardware.

[GuncoinInfo]

Well, trying to re-launch a coin with new code is not as easy as we planned and taking longer than expected - for that I apologize.  The plan is to do this in two phases.  Phase 1 would be to advance GXG to the X17 algorithm and get the coin infrastructure (mining pools, exchanges, wallets, etc) stable and active.  Then we would lay out plans for Pase 2 that would transition the coin to a POS type coin with Masternodes that would provide a great payment solution for our 3 target markets and investment opportunity for our long time coin holders.  I thank you for your continued support during this transition period.

Thanks for the update - I can fully understand - how it always takes longer than you think it will - I still have my GXG stockpiled for when you get going full steam - appreciate your hard work!

[anneke2001]

Off topic:
The reason of the massive drop at BTC/USD is that the DNS servers of MyEtherWallet point to hell, and some russian phishing site is presented instead of the real one.
Harvesting user logins/passwords and dumping their funds on the market all the way down. The site itself was Not compromised. It's a lot cheaper to buy Groincoin now.

[GuncoinInfo]

Off topic:
The reason of the massive drop at BTC/USD is that the DNS servers of MyEtherWallet point to hell, and some russian phishing site is presented instead of the real one.
Harvesting user logins/passwords and dumping their funds on the market all the way down. The site itself was Not compromised. It's a lot cheaper to buy Groincoin now.

Agreed.  With the price of GXG being so low and some productive work being done to relaunch the coin, it would seem this is a good buying opportunity.

[kurbeks]

Anyone want to setup minning pool?

[GuncoinInfo]

Anyone want to setup minning pool?

I know the developer had one in work, not sure of the status. 

[Groin_Support]

Anyone want to setup minning pool?

I know the developer had one in work, not sure of the status. 

That is correct, we have a X11 mining pool specifically for Groin Coin under construction now and hope to announce it with in the next week.

[Groin_Support]

We are happy to report that we have the mining pool up and running now.  We have it checked out and it is fully functional as of today.  Hash rates are pretty high on our network, so the more we can get in the pool the better.

https://GroinPool.com

 A lot more still to come ..... Happy Mining

[GuncoinInfo]

We are happy to report that we have the mining pool up and running now.  We have it checked out and it is fully functional as of today.  Hash rates are pretty high on our network, so the more we can get in the pool the better.

https://GroinPool.com

 A lot more still to come ..... Happy Mining

Very good news - thanks for the update.

[Dman85]

Why is GXG not listed on coinmarketcap?

[Groin_Support]

Groin Coin Block Explorer can be found at https://prohashing.com/explorer/Groincoin is what we are using for now.  We will work on getting our own with more info soon.

[Groin_Support]

We are happy to report that we have the mining pool up and running now.  We have it checked out and it is fully functional as of today.  Hash rates are pretty high on our network, so the more we can get in the pool the better.

https://GroinPool.com

 A lot more still to come ..... Happy Mining

The pool is doing VERY well, my personal miner in the pool has picked up 3300 GXG since we turned it on about 24 hours ago.  Please join and start getting some GXG while things are cheap before we roll everything out.

[mistahtom]

Good stuff!  Can't wait to see whats in store for GXG

[Groin_Support]

This is huge for Groincoin, especially in the USA.  This means hundreds, if not thousands of new users will be looking for payment options just like GXG very soon.

https://www.cnn.com/2018/05/14/politics/sports-betting-ncaa-supreme-court/index.html