[Breaking News] BTC.com mining pool will launch Grin mining simultaneously on the mainnet!

[Breaking News] BTC.com mining pool will launch Grin mining simultaneously on the mainnet!

Recently, we have often seen Grin in major media articles, and discussions about Grin at home and abroad are also very heated:

The next generation of Bitcoin?

A bear market booster?

Graphics card mining savior?

If we talk about the biggest "Internet celebrity coin" in the cryptocurrency circle in 2019, it must be the smiling Grin. According to the official website, the main network launch time of this "Internet celebrity Grin" is: January 15, 2019 (around 2:00 am on January 16, 2019, Beijing time).

Now here comes the point, BTC.com mining pool will simultaneously launch Grin mining!

Before that, in order to help miners understand Grin more intuitively and make adequate preparations, we have sorted out the key points of Grin mining:

KP1. What is Grin?

Grin is a blockchain project that implements the MimbleWimble protocol. It aims to be a scalable privacy cryptocurrency developed and maintained by the community.

GRIN official website: https://grin-tech.org

Blockchain browser: https://grinscan.net

Total amount: No upper limit

Block time: 1 Min

Block reward: 60 GRIN

Pre-mining and private placement quantity: None

KP2. Mining and graphics cards

Grin uses a PoW algorithm called Cuckoo Cycle, which can currently be mined using CPU and GPU.

In order to balance the benefits of graphics cards with different performance, Grin uses dual algorithms Cuckaroo29 and Cuckatoo31 for mining. After the mainnet is launched, Cuckaroo29 will mine 90% of the coins and Cuckatoo31 will mine 10% of the coins. In the next two years, a hard fork will be made every six months to increase the proportion of Cuckatoo31, and eventually Cuckatoo31 will be used entirely for mining.

Official Cuckoo Cycle 29 algorithm supports graphics cards (video memory requirement is greater than 5.5G)

Official Cuckoo Cycle 31 algorithm supports graphics cards (video memory requirement is greater than 11G)

KP3. Wallet and Transaction

1.Official wallet (linux, MacOS command line version) https://github.com/mimblewimble/grin/releases

2. Exchanges

It is not recommended to go to the exchange to recharge and trade before the main network is stable

KP4. Tutorial on mining Grin on BTC.com mining pool

BTC.com mining pool currently adopts the PPLNS 0% fee model for Grin mining! Interested friends, please click the link below to get on board!

1. Mining configuration:

https://pool.btc.com/helpCenter?id=grin-mining

2. Wallet tutorial:

https://pool.btc.com/helpCenter?id=grin-wallet

3. Mining tools:

Mineral treasure

https://pool.btc.com/helpCenter?id=kuangbaoos

MinerOS

https://pool.btc.com/helpCenter?id=minerOS

In addition, to facilitate communication, you can scan the QR code below to add the official WeChat account of the mining pool staff, reply "Grin" to join the BTC.com mining pool Grin coin mining official communication group. We look forward to more friends who are interested in GRIN mining to join!

From Bitcoin's SHA256 to Grin's Cuckoo Cycle, we believe that the exploration and innovation in the field of cryptocurrency will continue, and the mining environment for miners will gradually improve. In this process of continuous exploration, BTC.com Mining Pool is willing to be your Hagrid, taking you into the Hogwarts Castle of cryptocurrency, and experiencing the beauty of magic and mining with you.

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