I am here to learn and therefore throwing some bones, thanks for the input so far, but I want more...
If the project stays strong and GPU punishment is enough to let CPU and IoT rule the network, it's only a matter of waiting for the right amount of IoT's to
support the network. Then the moment arrives to start punishing CPU's to get the network run only by IoT devices. This will take years to accomplish but
in my opinion is doable for uPlexa as a first mover. Don't forget the processing power and the algorithms will evolve as well during this timeframe.
In my head it sounds simple, but it probably isn't... fire away...!
Yes, I think you're saying something reasonable. That's how I imagine it. The one issue I have is, in the years it takes to accomplish the IoT network, the GPU miners (myself included) will have built up some big bags of UPX. So what's the problem? Well, if the project punishes GPU miners a bit, then those GPU miners will have to move onto other coins. Most likely they will start dumping their UPX, and because of the large bags they have, it will keep UPX price down for years with all the selling pressure. Maybe investors come in to buy up the coin, but in terms of strengthening the network, it's going to be hard to go from GPU hashpower down to IoT/phone hashpower. I only mention this because I've seen a number of CPU coins that get stomped once the GPU miners come in.
Now wouldn't it be cool if we could get 100Mh/s on android.
And yeah, fruityminer hasn't released the update yet. Maybe if they don't our discussion about GPU will be over.
Personally i don't think GPU mining will ever be shut down, not only because it's still the most affordable high-hashrate form of mining (FPGA and ASICs are still crazy money) it's also the "bread and butter" for all miners. Coins like UPX make it possible to use smaller older GPU's you wouldn't dream of using on anything else. so i believe there is still a place for GPU's in all forms.
Granted UPX's primary platform is and should remain CPU,IoT and mobile tech but with out the hashrate of GPU's supporting the network we couldn't possibly expect the coin to grow or remain stable... Sure there are people out there using server CPU's and cranking out 7kh+ with them but not everyone has access to such hardware. There are of course the more powerful multi cored PC CPU's but they aren't affordable either. so in that regard there really isn't anything out there more affordable then GPU's.