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Topic: ASICs galore! (Read 614 times)

hero member
Activity: 560
Merit: 500
March 05, 2013, 12:43:10 AM
#4
More ASICs doesn't mean coins will be mined faster, correct?

That is correct. Still on average 25 coins every 10 minutes. Having ASIC chipped rigs only helps solve the problem quicker, which will make FPGAs obsolete, which made GPU mining obsolete, which made CPU mining obsolete.

Which begs the question...
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
March 05, 2013, 12:33:51 AM
#3
More ASICs doesn't mean coins will be mined faster, correct?

That is correct. Still on average 25 coins every 10 minutes. Having ASIC chipped rigs only helps solve the problem quicker, which will make FPGAs obsolete, which made GPU mining obsolete, which made CPU mining obsolete.
full member
Activity: 238
Merit: 100
March 04, 2013, 10:57:59 PM
#2
More ASICs doesn't mean coins will be mined faster, correct?
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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