So the main issue links back to the critical issue of Grin: there are so few exchanges that support Grin! Should CC do something about this issue?
I am quitting mining Grin since there is no easy way to withdraw Grin from a pool to an exchange.
So the main issue links back to the critical issue of Grin: there are so few exchanges that support Grin! Should CC do something about this issue?
I am quitting mining Grin since there is no easy way to withdraw Grin from a pool to an exchange.
Soon you can happily exchange Grin for BTC using Bisq
Yes, we are working on some plans to make life easier for exchanges and users alike. Note that at the moment Grin can be perfectly exchange if a user withdraw to his/her own wallet and then to TradeOgre. We are however looking at some methods to make it possible for users to directly deposit to exchanges from their mining pool without transferring to their own wallet. A method that does not depend on a custom implementation like the one from Gate.io, but one that would work universally.
Glad to hear that. I finally see some positive feedback about the complaints on lacking exchange support. Months ago, I see quite a few people here who thought that exchange was not that important.
I have another idea in mind. Ipollo can put an informative brochure inside the box of the G1 mini and G1s so that the Grin network is decentralized. In this way, everyone who buys the device is informed about the subject and acts accordingly.
It is not a bad idea. We can discuss it with them, help them shape it. In a way there is already something like it. The secondary pool settings in the settings menu show the settings for mining on grinmint pool if I am not mistaken.
This is correct I can confirm this on G1-mini and G1 miners
change to CPU or GPU mining. problem solved
I remember DQF is the admin of the Goblins QQ group. Donāt they know each other
Hello, I donāt understand why the value of the coin has been falling for 3 months in a row? I invested a lot of money in the equipment, buying a lot of mini miners. Answer: Will the project develop?
Hi @prime.grinRost, crypto will be crypto, meaning the price of an asset has little to do with the intrinsic value of a project.
From a technical point of view the project is developer fine with PIDB being tested right now and a lot of other developments going on such as Ledger support, major improvements to Grin++ as well as work on CoinSwap which will greatly boost privacy.
See here a link to the newsletter so you can see all updates:
https://grinnews.substack.com/ (Click let me read it first to see old newsletters)
Grin has a linear supply, this means that inflation in the early years is high. If found the bottom already or not, no one knows. If you are in it for the long term, most certainly Grin will go up in price.
Here are some links to its supply so you can do your own research:
Thanks a lot for the answer. Inflation has been falling for a long time, but the value of the asset does not rise, it falls with it, why is there no fight against it? why is it impossible, for example, to burn some part of the coins? or attract new investors? the project is just fading away, every day. You are talking about the long term, why, for example, should I invest in this project?there are also other tokens with a degree of anonymity, they are developing. and what about ours? will the price be less than 10 cents in half a year?
Why Grin is likely to increase in value over time is because the inflation is continuously decreasing, just much slower than for example Bitcoin. Again see the links above on inflation.
The project does not need new investors, there is plenty of funding for the years to come.
You talk about the project, but what you mean is the price is fading. This is very normal for any coin during a long Bitcoin crash. Again, this has nothing to do with the intrinsic value of the project itself, nor with the value of Grin on the longer term (think years, decades).
To quote the text on https://grin.mw
"Electronic transactions for all.
Without censorship or restrictions.
Designed for the decades to come, not just for tomorrow. To be used by anyone, anywhere."
Grin is developing perfectly fine, even if the value of the coin would hit 0, that does not mean that the actual value of Grin is zero. Prices are fleeting and only capture a small part of the total number of coins that are actually moving.
I do not know, if it does, I will most certainly stock more
Whether Grin is a coin for you to invest in, only you can tell. I will not try to persuade you or dissuade you in any way.
Grinmint pool not appear in miningpoolstats.
Looks like their API isnāt able to pull blocks mined for grinmint. See the question mark in the table.
im just wondering, each minute 1 block means 60 minutes X 24 hours = ~1440 Blocks should be generated each day. Grinmint mines ~22 Blocks in 24 hours (stated on their website), this makes a total share for Grinmint of ~ 1,53 %. To my understanding Grinmint is the pool which pays to the grin-dev-fund and Community-Council, while the other pools do not do this. If a miner really cared about the project he would mine on grinmint-pool. I will never understand why miners behave like this.
The reason they do not use Grinmint is probably not the small contribution to the development fund but because Grinmint does not support Gate.io memo type transactions. With other pools they do not need to use their own wallet as intermediate, with GrinMint they do need to use their wallet as intermediate or trade on another exchange than Gate.ioā¦
This means these miners are directly selling their Grin all the time, or they simply do not understand, not your keys, not your coins. It remains rather puzzling. I rather hold my own Grin, and I rather HODL than sell
The Tor network cannot be used in China, and the mining pool supports offline transactions or supports recharge on the gate.io exchange.
Please try the tor bridges with grin++
Sometimes it works. However, the bridge is very unstable and fragile. One has to require and validate a bridge frequently. It is so annoying! I donāt like the experience.
Grinmint mined 400!!! blocks in 24h. MIningpoolstats list last grinmint and mention invalid hashrate. Top hashrate in grinmint is 4.39 KG/s. Number of users and workers not changed. Last week hashrate was around 0.3. Hows that possible? Is everything ok?