Grin mining for noobs

kiru · January 28, 2021, 7:13pm

Hi guys, a noob here asking what is probably an obvious question…

Can someone please post detailed instructions on how to mine Grin?

In Version 5.0, with the recent hard fork, I see a massive drop in mining graph rate in the network, and I would like to contribute to raising it back up. I have access to NVIDIA V100, A100, RTX, etc.

senator · January 28, 2021, 8:11pm

Why would mining grin? To sell or hold?

kiru · January 28, 2021, 8:33pm

I am long time holder…no sense in selling grin at $0.30.

senator · January 28, 2021, 10:31pm

Mining ETH and every day change it to GRIN that is better solution.

Anynomous · January 29, 2021, 4:57pm

If you want to mine Grin here are some starter guides:

2miners mining pool:

herominer mining pool:

grinmint:
https://blog.blockcypher.com/mining-grin-on-grinmint-a-step-by-step-tutorial-98235c038876

What you need to mine is:

is a wallet to be online, either the official grin-wallet (Rust implementation) or Grin ++ (C++ implementation)
A high end video-cards with a lot of SRAM. Grin’s cuckoo cycle mining algorithm is low on power usage but heavily depends on SRAM for its performance, hence only with high end video-cards such as RTX series, it is worthwhile to mine.

You can use Gminer for NVidea, Bminer for AMD, or Lol Miner for both. I
personally use Gminer with NVidea cards. Most links above give instructions for mining for all three mining softwares.
Good luck mining

kiru · February 1, 2021, 5:51pm

Thanks for the links to the mining pools. The one on 2Miners was very good, although a bit confusing in some parts, with the address etc.

What mining cards do you guys recommend? I might get access soon to NVDA V100 or A100, but those are expensive cards for deep learning, plenty of memory though.

kiru · February 1, 2021, 5:52pm

hi there, wouldn’t the transaction costs of exchanging ETH cut too much into the mining profit?

Any idea what the profit might be at this point, given the network hash rate? I am expecting a mining cost of $0.15 per coin versus a market price of around $0.30 to $0.40, which is not bad.

senator · February 1, 2021, 6:24pm

how many and with which cards you mining?

kiru · February 1, 2021, 8:18pm

I don’t have them yet. I am looking at getting a V100 (for a machine learning project) or A100 possibly. But for mining, I think I better go with a less expensive card.

Roelsmajor · February 2, 2021, 4:25am

Here u are:

https://www.f2pool.com/miners

kiru · February 2, 2021, 5:08pm

Thanks, guys. Really useful guides and examples.