I also agree back to GPU mining! ASIC should never of taken over the world of mining in my eyes. It put bitcoin in the hands of the few while squeezing out the many.
Agreed.
We must give miners a year or two so they can adjust to the new PoW system. Since ASICs get outdated in every 2-3 years or so, that wouldn't be much of a problem for them.
Antminer S5's don't worth shit now, their S9's will share the same fate sooner or later anyway.
Mining should be more decentralized and available for every bitcoin holder there is.
I wouldn't have supported a PoW change if there were any other competing ASIC manufacturers or there wasn't any greedy fucks that didn't patent their software in an open source project but that's not the case.
But money is money and ASICs were born just because of those greed. So there will never ever be decentralized mining with ASICs because even if NVidia or AMD was building ASICs, they would have created a code like ASICB**ST themselves. The idea is about making more money, we can't blame them for hijacking the system but we could have taken measures to prevent it.
Sad thing is, the core devs didn't.
They let Jihan eat every other ASIC manufacturer by one by and now he is fat as fuck and about to eat the whole blockchain.