Chinese FPGA miners basically indifferent to what coin cost, the main thing that it pays for spent electric energy.
another problem that will be gone with DMD 3.0
while groestl is FPG and asic friendly that will be different with the algoes we use in DMD 3.0
it will be two different algos one for CPU mining one for GPU mining
what does this division algos give us?
FPGA in this case will not work or something else?
more details when we release whitepaper
for now we can just state it will be not groestl algo for mining in DMD 3.0
and that way the existing groestl algo FPGA/acsic cant be used to minde DMD any longer
as we all know x11 mining asics existing and pre asics it was mined with fpga farms
and x11 include groestl as one of its sub algos
chances are high that part of actual DMD Diamond mining is done with modified x11 FPGA gear which cant compete with x11 asics
POW part of coin rollout is low this days like ~172 DMD a day
but a part of this is expected to constant flood market because generated by chinese FPGA farms
i see this very positive and enable people gather cheap DMD
but like many other positive aspects of DMD 3.0 this constant sellpressure will also be a thing of the past once DMD 3.0 go active
