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GroestlCoin (GRS) Groestl based cryptocoin

20, Apr 2014

groestlcoin-crypto

GroestlCoin (GRS) is a new cryptocurrency utilizing the Groestl algorithm for Proof-Of-Work. To cut it short essentially GroestlCoin is about one thing – making efficient mining possible for EVERYBODY who wants to mine – whether on an old CPU or a new GPU. The Groestl algorithm is possibly the single most GPU-efficient algorithm implemented in any cryptocoin on the market. A comparison between many different algorithms shows that it has the lowest power consumption, heat, and noise of the array of newer ones being implemented in cryptocoins.

GroestlCoin is also notably accommodating for CPU mining as well, with only a 5x-10x hash difference between CPU/GPU – a much smaller spread than that of Scrypt coins. In essence this means that everybody, especially including those who can’t afford or want to invest in expensive mining equipment, can mine GroestlCoin and get reasonable rewards. Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance.

Website
– http://www.groestlcoin.org/

Block Explorer / Crawler
– http://bitgo.pw:3731/chain/Ultracoin

SPECIFICATIONS

  • Groestl Algorithm
  • Total coins: 105 000 000 GRS
  • Coins per block: 512 GRS
  • Minimum block reward: 5 GRS
  • Block target: 60 seconds
  • Difficulty adjustment: DGW (Dark Gravity Wave)
  • Block reward reduced by 6% every 10080 blocks, which will occur approximately every 1 week
  • Mined coins mature in 140 blocks
  • Premine: 240,640 GRS (0.22918095% total)

DOWNLOADS
– Online Wallet
– Windows
– Mac

Source Code
– at GitHub

PORTS

  • RPC Port: 1441
  • P2P Port: 1331

POOLS
– http://grs.cryptohunger.com/
– https://cpu-pool.net/grs/
– https://grs.suprnova.cc/
– https://www2.coinmine.pl/grs/

EXCHANGES
– Bittrex
– Binance
– Livecoin

Updated ccMiner 0.4 with Improved Groestlcoin (GRS) Support

25, Mar 2014

groestlcoin-crypto

A new version of the ccMiner software for mining Heavycoin, Fuguecoin and the Groestlcoin crypto currencies and other alternative crypto coins that use the same algorithms on Nvidia GPUs has been released. The new version 0.4 of ccMiner improves support for Groestlcoin (GRS), so that you can now pool mine the coin and not just solo mine it. There is also an improvement that should allow people mining Heavycoin that had problems with 0.2 and 0.3 versions crashing to use the new release properly. There are no performance improvements in the new release, so if you are mining HVC with the first release you can continue to do so and if you are mining for Groestlcoin, then you better update to the latest version. You can download the windows binaries of the latest ccMiner below, and you can get the source and compile it yourself if you wish to or you use Linux.

– To download the latest CCminer 0.4 with Groestlcoin support for Windows OS…

New ccMiner 0.3 and sph-sgminer 4.1.0 with Groestlcoin (GRS) Support

23, Mar 2014

groestlcoin-crypto

Christian Buchner, the author of the CudaMiner software for mining popular alternative crypto currencies on Nvidia-based GPUs has just released an update for the software CCminer with the new version 0.3 adding support for Groestlcoin (GRS) using the Groestl algorithm. Note that at the moment the Groestlcoin does not have any pools available, so the only way to mine it is solo mining with the wallet for the coin. There are currently also no exchanges available for the GRS crypto, though we will probably soon have some appearing as the coin is already generating some interest, though we might skip on mining this one. The crypto is also supported for GPU mining on AMD hardware with a special miner software, below you can also download the latest version of sph-sgminer we have compiled for windows with support for Groestlcoin (GRS).

– To download the latest CCminer 0.3 with Groestlcoin support for Windows OS…
– To download the latest sph-sgminer 4.1.0 with Groestlcoin support for Windows OS…


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