For Zcash maybe, but for 0.5MSol/s VOT network only 50 such miners needed to get control over (or ruin?) the network!
Lets try some math.
Current VoteCoin network hash rate is 500 Ksol/s.
Bitmain's Equihash miner costs around $2200 including PSU and shipping, while the miner is capable of mining 10Ksol/s.
To get over 50% of hashrate of VoteCoin network, you need to generate another 500 Ksol/s.
You would have to buy 50 such ASIC miners, so the cost would be 110 000 USD.
(not mentioning that bitmain will sell only 1 device to a single user)
(not mentioning that having 51% of hashrate does NOT ruin the network at all)
If you want to get the same hashrate with GTX 1060 cards, you would need 1666 such cards (300 Sol per card), which would cost you around 400 000 USD today.
So ASIC gives you only 4x the hashrate for your money.
Not mentioning that once the bitmain's ASICs are released, the price for used GPUs will decrease rapidly and you may get 1666 such cards for say 200 000 USD while still getting several years warranty, compared to bitmain's 180 days.
In long term, the ASICs will consume less energy, indeed, so it will be more profitable that GPUs, but other than that, the advantage of having bitmain's ASIC boxes will be insignificant.
-Tom
This is completely not true at all about bitmain limits. If you are a bulk buyer you can buy as many as you want and receive same day as everyone ordering 1. Alibaba trusted resellers are already listing these for presale guaranteeing same day delivery as ordering from bitmain.
ASICs are not the future, and for a coin like this where decentralization is a major factor and you are in favor of centralization, then there is a huge reason for this coin to not become a main use coin. There are plenty of other coins similar that will fight centralization, but you are not going to fight centralization then what is the point of using your coin? Your coin will most likely be hit with several attacks, due to the small size of your coin, and 50 ASICs is nothing compared to what bitmain is selling and has running.
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