6% coin reward decrease per week seems like a lot. Is this another instamined coin?

Edit: yup, its an instamined coin. 20% of all the coins are going to be mined in the 1st month, and more than 50% until the end of summer. http://coinia.net/groestlcoin/reward.html

vote! Help the coin! https://comkort.com/vote#GRS

You just proved you need to check what "instamining" means. Give it time, its low consumption algo makes it a good coin when ASIC and summer comes.

  halves？

We need 3000 votes or sixth position.
Already 981 votes!

p.s. Do not forget that a registered user can vote three times an hour.

Hi Everybody!

I'm a senior software architect at a large company (not related to crypto or www) and crypto currencies is my hobby since December 2013 (I've been through LTC, Doge, multipool and Myriad mining). I'd like to share my thoughts regarding Groestlcoin purely as a miner and investor...

First, respect to developers for creating this coin. I really like the total amount of coins, the 6% reward decrease, it's CPU friendliness and much less heat/noise from my 4x r9 290 while mining GRS.
But there are some things which I think could be improved.

There are some many different coins nowadays and it is hard for a good coin to stand above the rest. Coin value is only decided by the price other people are willing to pay for it. If nobody knows about a coin, then its value can't be large.

My biggest concern is that GRS lacks publicity. Just google for groestlcoin and you'll only find a few links.
There is no Twitter and no developer communication...

Please also see my recommendations (in no particular order)

* It is not stressed anywhere that mining this coin on GPU consumes a lot less electricity and makes GPUs quieter and cooler. And that it is still CPU mining friendly (CPU is only a few tens of times slower than GPU). No recommended cgminer settings for hardware, etc.
* The fast coin reward decrease should be also stressed to attract more mining and investors (mine/buy while there are many coins). This will get the GRS market going.
* Website design is amature. Compare with http://www.darkcoin.io/ for example.
* Who are developers? What are their plans? What is their contact address? What is the planned coin future?
* Coin explorers don't report the coin amount properly. For example, it is off by about 30% for my account. Presumably, it is because they don't account for mined coins.
* We need articles about GRS. Raise awareness about the coin.
* Set up twitter and paste it in main groestlcoin.com page
* Possibly set up trello.com account and post improvement ideas there, assign work, track progress, vote on features. Fundraise for some features.

I'd be willing to help with what I can (can set up and organize trello and/or set up mining hardware settings list, for example). I'd like to join the dev team and help with what I can (if this is an option, of course)

Also, I'm planning to set up another GRS mining pool on a fast server, I'll keep you posted about the progress.

PS: Please share your ideas and vote for the coin on exchanges.

Thank you

+1000
Key feature are at least :
-different algo, multi-pool resistant and (actual) asic resistant
-energie efficient, even more than X11 : gpu run quieter and cooler, and consume much less energie than scrypt or even keccak.
-Old gpu friendly : a HD 5870 perform like a R9 280x
-CPU Friendly : gap between cpu perfs and gpu perf is much lower than with other algos

I don't know how i can help on my side, but maybe by making french translation, mining guide etc

goodcoin,baddev....

Just to make sure: I took the sources and forked it. I am planning on applying a fork if the dev won't show up soon. :p I can do the technical part but I need some others to do PR graphics.

https://github.com/savale/GroestlCoin