Topic: Bitmain launches the Z9 Equihash miner - page 70. (Read 37201 times)

If the PoW algorithm is changed every 3-6 months, it cannot keep up with.

The miners used on a coin do NOT dictate the price of a coin.

Baikal already has machines for Cryptonight/Cryptonight-lite, Blake256R14/Blake256R8/Blake2B/Lbry/Pascal, X11/Quark/Quibt/Myriad-Groestl/Nist5/Skein/X11Gost.  They are also promising that more algos will be added later.  You don't think they can produce a machine that can outdo your GPUs.  Give it time, there will be no where to run and hide.

Until ASICs and FPGAs come out for those.  Baikal is already releasing new machines with more algos (even through they are not really ASICs)  Another ASIC resistant algo becomes very profitable, you will soon see ASICs sniffing around.

That's why the price of zcash couldn't increase much because of releasing z9 asic miner for equihash.

Why would we sell GPU? We can be still mined with other algo's and altcoins just find what coin will be worth it in the future to make a good profit.

Man the ASIC hate here! ASICs and FPGAs are the wave of the future.  So get ready to sell your GPUs back to the gamers, that's what they were made for.  ASICs are made for mining.

So quit crying.

lol...He's still at it eh? 

Goes both ways.  Those with an open "unbiased" mind who's willing to hold a civil discussion and LEARN will not be so inclined to "ignore."  

Also, we're both responding to ANOTHER "NEW" account that's "possibly" a BITMAIN proxy account.

That is where the ignore link under the user comes in handy.

You'll be alright...  I'll keep talking... in the weeks and months to come.

Dude you said your piece no need to keep repeating yourself.

Why can't it be a means of educating one another?

You can bet the topic of ASIC Resistance will be one of the top discussions in this thread as the Z9 rolls out in the weeks and months to come.  Those who invested in the Z9 will be just as concerned about what developers of different Equihash coins do just as much as GPU miners.

Simply using this thread in the weeks and months to come in order for EVERYONE (pro ASIC and pro GPU) to DOCUMENT if the ASIC Z9 was a good thing for the community or a bad thing.

PROG Proof of Work:  https://www.youtube.com/watch?v=P6B-ZCyP6K8

Ok, I rarely stoop to having to hit ignore on the forum, but I think it is time...  I just hope some people don't "stoke out" when the ASIC's start shipping...

The answer to this issue seems to lie within changing algorithms like x16r.

Go ahead, have your fun...

GPUs are WAY more available to get then ASICs. To say GPUs are currently hard to get is incorrect. Sure there was a month or 2 when they were overpriced, that was due to the high demand when they had a ROI of 90 days.

Even then you could still buy a smaller graphics card, they were not ALL sold out. The 1070/1080 TIs were the hard ones to get, other models were more available.

What advantage would we have if everyone moved to ASICs? It would just raise the current bar for everyone, reduce us to one supplier of hardware, and starts a arms race. Atleast with GPUs we are all on a level playing field without having to worry someone will have a GPU that does x100 the hashrate for 1/10th the power. All the hardware is relatively close to each other in terms of performance, keeping the difficulty from ramping up x10-x100.

ASICs dont save power, they dont make the network more secure, they are limited in availability, only have 3 to 6 month warrantys, run loud and hot, manufacturers keep a large number of the them for themselves and keep secret other rigs that are far better then sell them as new later while replacing them with new hardware, etc...

This is suppose to be a ASIC resistant coin, why dont you ASIC people go mine other ASIC coins available. Ohhhh ya thats right, you cant make your money back off them ASIC coins anymore because of the difficulty have ramped up so much. So you want to come and ruin Zcash’s difficulty with ASICs to make a quick buck and act like its the future of mining.  I'm HERE to tell you, that QUICK buck is an ILLUSION.

Most who KNOW me, know I've been in the space for a while and have had a LOT of experience with BITMAIN.  My LAST round of ASIC's I bought from them was 42 x Bitmain S7's in late 2015.  All of which I sold in February 2016 and never looked back.  I USED to be the one to DEFEND them when they were attacked by others and I believe many KNOW this.  THEN I TOOK THE RED PILL AND WOKE UP in February, 2016!!!  I did a LOT of research and weighing pros and cons of GPU versus ASIC.  ASIC would be fine "IF" {and it's a big if} the manufacturing of ASIC's were not CENTRALIZED, if governments did not pose a risk of banning ASIC's when they are shipped into their country, [GPU's are not so easily banned; as they have multiple purposes], and manufacturers pulling shenanigans in regards to better hardware while selling the scraps to unwary greedy driven miners trying to make a buck while being oblivious to the true "end" of what Bitmain works towards.  Which is lining their own pockets at the expense of unwary individuals who are being seriously taken advantage of.

Several here in this forum honestly don't give a damn about decentralized mining.  They only care about sucking up to BITMAIN.

They don't have the nuggets to stand up to BITMAIN.

They FEAR Sir, BITMAIN will see their comments and no longer sell them their precious FIX.  Meaning, ASIC's are like "crack" to these fella's.

BITMAIN has them hooked.  They need counseling and rehabilitation.  

EDIT:  As most know, BITMAIN asks for you bitcoin talk user name.  Wonder why? 

This thread seems to be an exposition of everyones deepest frustrations.

dmwardjr

Legendary spammer of bile


I bet this guy has like 15+ separate account posting dumb pro-GPU mining fork spam.

fucking pathetic... mod plz ban from this thread, that guy needs go beg to zooko somewhere else!??!

You bought s7s and youre angry about that -fine. You hoarded GPUs away from gamers and used them for mining -not what they were designed or intended to do.

ur stupid GPUs will be worthless soon, dont worry - then you can cry and get over your 'greed gpu scam' for good

Instead of focusing on the "method" of mining, how about trying something different?

Look at an example of a coin that saw ASIC's and decided to do something "different".  I know of a coin that saw ASIC's appear on the primary algo of their coin.  What did they do?  Try to kill ASIC's?  No, they added more algo's to the coin, and increased the diff on the algo's that the ASIC's were using to level the playing field.  Is it a perfect solution?  No, but it is certainly an approach that would potentially neutralize market disrupting technology and focus again on the coins themselves and the things you can do with them... I am not speaking of a theoretical coin, but one that has actually done this. 

Maybe it is time to stop trying to wage war on the hardware and technology and start trying to implement approaches that level the playing field at the coin level.  Instead of trying to "fork away" from hardware, just remove the advantage and allow them to continue mining.  Just a thought instead of this silly inside the box thinking we have gotten so far from most people.