Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.
by
kronos123
on 16/01/2019, 21:52:03 UTC
Are you guys EXCITED?Huh

So if there are no addresses and exchanges of Grin are 'person to person' so to speak, then if I mine on a pool using windows miner, how would I be rewarded for mining ?  Is it by IP, email ?  I don't have a Linux instance currently to view the wallet.

I don't know how it works with mining specifically, but in general: grin payments require a three-way process. This can be done automatically through an IP address or keybase, or you can do it manually like this:

1. The sender runs grin wallet send -m file -d FILE.txt GRIN_AMOUNT, which creates the file FILE.txt.
2. The sender gives FILE.txt to the recipient.
3. The recipient runs grin wallet receive -i FILE.txt, which creates another file FILE.txt.response.
4. The recipient gives FILE.txt.response to the sender.
5. The sender runs grin wallet finalize -i FILE.txt.response, and the transaction is done.

The IP/keybase methods do these same steps, just automatically.

I'm not going to be mining, but I would like to buy some grin ASAP on the first day. If anyone here is lucky enough to quickly mine some, I'll pay $13/grin (in BTC), but only for the first few grin I buy. PM me.


A few hours after the official launch of the mainnet and the first Grin there are already 10 exchanges that have announced to immediately quote the new coin:

www.bitforex.com
www.bitmesh.com
www.galeon.exchange
www.grinpay.org
www.chainrift.com
www.hb.top
www.nexex.io
www.vinex.network
www.kkex.vip
www.bisq.network

I'm curious to see how much Hash will immediately have Grincoin, or in the first 24-48 hours, how much hash will move / lose  Beam in favor of Grin, but above all I'm curious to see if tomorrow with the fork of Constantinople of Ethereum you will have a mining escape to more profitable coin (see Grin) ?!

In my opinion, the next 24-48 hours will be very interesting for the market, and for different subjects (miner and speculators)!


Still another 2 exchanges added to the list
www.bit.cc
www.lbank.io

Meanwhile on bitmesh open deposits and early exchanges at crazy prices, while all the others still seem closed
for now just over 6000 tradable Grin

Finally, report it on BitForex trading with 0 fee until January 30th




Someone just upthread from your first post 3d00m mentioned he was testing a 4GB miner. I've also heard of https://www.grin-forum.org/t/miner-for-amd-nvidia-4g-6g-8g-10g-gpu-from-minerbabe/2184 working ok but please be careful about random stuff downloaded from the internets. run it on a separate machine etc...

They are working on it but nothing official yet

Is there a way to mine this on Windows? I only see linux miners on the first page? edit: installing linux, no big deal Smiley

Currently only with Linux, but I'm sure that within a week we will have support for Windows and 4Gb cards; within 1-2 months mobile wallet.


What puzzles me for Grin is the slow confirmation of the blocks, even for the accreditation in exchange it takes at least 30 blocks confirmed.
This, together with "infinite inflation" (even if tending to 0) could be seen by many as an obstacle!