Grin is a POW project designed with the intent of not being ASIC resistant. Anyone with an iPollo G1 or G1-mini should be super pleased+amazed that this ASIC, released half a decade ago, is ranked 3rd for most profitable of all available ASICs (excluding future ASICs). Maybe there’s something to using an energy efficient memory centric algo (Cuckoo Cycle). If Grin was to pump to a dime using Grin treasury funds, this would make the G1 the most profitable ASIC in the world. Have some sympathy for those non-G1 ASIC holders.
FYI, MinoTari (XTM), from the creator(s) of Monero (XMR), is adopting c29 (Cuckaroo29) in a future fork to support GPU mining (no, G1 will not mine c29 without supporting firmware).
@Neo-Geo sorry bro, but I have no empathy for people in other projects. We aren’t in allegiance with tari or any other coin, in fact, we are in competition with every other projects, literally traded against them in pairs. Even mentioning a different coin in a grin forum is taboo imo.
Fuck tari, fuck monero, fuck btc, fuck eth, fuck every other project. All glory to GRIN COIN and the real grin community (those who actually hold grin)!
For the longevity of the project, yes. At minimum the treasury value would shrink by >10% due to inflation for 5 more years.
I’m not against anyone buying Grin, but those Bitcoin were donated to fund development as requested by the anonymous donor. Going against that to pump the market cap would be a betrayal of that.
Edit: I’m done with this stupid conversation. There are bigger fish to fry than go in circles with a dickhead.
@transatoshi I’m against you buying grin (joking). CC and core members should be forced to sell all their grin (to me) and just hold shitty ass btc all the way to the bottom, as punishment for systematically stealing away grin’s value for years!
what’s wrong with that eh? You don’t like cats or something? hahahawhwn
This post is in the rants/flame section for a reason lol it got really good community involvement though and I’m proud of every grinner for participating also sorry for being mean to @transatoshi
The money is donated by donors, and we should respect the wishes of donors
You love grin
You can’t just like it when the price is high
You should also like it when the price is low
I wasn’t hurt, so no foul. I am just tired of people speaking in absolutes with unhelpful statements about the CC without bothering to learn what Grin and it’s core principles are.
This shtick might have been humorous had you played stupid and coy, instead of playing stupid belligerent asshole.
We technically rely on old closed-source hardware. I never understood the idea behind one ASIC friendly algorithm.
Wasn’t better to have only ASIC resistant so everyone could mine? At this point we can buy only old G1’s which no one knows how much are they going to last.
Bitcoin has one ASIC dominated algo, yet seems anyone can mine it if they wish. Same for Litecoin & Doge, plenty of home friendly entry level ASIC options.
Despite having a very long supported ASIC from iPollo (they only sold out of G1-mini a few months ago), Grin is somehow ranked 12th most profitable to mine for GPUs. If the G1 ASIC was to die off without a successor, GPUs would take over the network. Ethereum was ASIC + GPU heavy until they decided to reward holders instead of miners (PoW to PoS). If Grin was to climb the mining profitability ladder, we’d be at risk of a next gen ASIC, which I consider an absolute inevitability. Inevitable that Grin gets a 2nd gen ASIC, and inevitable that Grin climbs higher in price. The ATL for Grin could very well be behind us.
There are those who are nearsighted and selfish and want to waste the dev fund pumping the price, going against the principle established by the donation giver. They likely are bad down on Grin and project their poor decision making on to GrinCC.
Then there are those who see thst without major UX improvemehts, adoption will not come regardless of a big pump. The GrinCC is not whale’s exit liquidity and I find it hard to believe those who ask to waste the funds are acting in good faith.
I wonder if bitcoin has a grin fund? No? Then why do we have a btc fund? It is retarded! Wake up kiddos, price is pumping as we speak - you’re welcome.
@transatoshi you think I’m down bud? Lol anytime you see price end with 77 that’s me kid! All green baby.
I don’t guess the top bro, I am the top; I’m also the bottom. I am liquidity manifest, on the other hand, the cc ain’t shit! They don’t even have any grin, completely non-factors.
what’s wrong with that eh? You don’t like cats or something? 
hahahawhwn
