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Topic: Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9 - page 12. (Read 4620 times)

sr. member
Activity: 324
Merit: 250
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Another ASIC dog unmasked "cryptotore"
Bitcointalk:
Show the last topics started by this person.

"Hi,
I would like some help with a design to sound proof 10-20 Antminer S9's.
I've been searching but havent really found any good threads on it, hope its ok I create a new one.
This is my goal:
-Be able to run 10-20 S9 in my garage without bothering the neigbours."

"Got 6x S7 coupons valued at 0.05 BTC each available for sale.
0.025 each
0.12 for all"

Why dont you go, and start and support a ASIC coin  - SOB.

And YES i will proudly say I am nice size GPU miner and I supported a lot of projects since 2012 with donations to devs and to list coins on exchanges. Also, as for many here mining is my hobby. I dont drink, smoke or party and money is not the most important think in my life. in blockchain i see future for better world. where a GPU owner/miner in afrika or asia could provide for his family without sale his kidney to a greedy F...k like you.
WHAT DID YOU DO TO THE CRYPTO COMMUNITY, BESIDE PROFITING OF COINS, THAT OTHER MEMBERS OF THIS FORUM SUPPORTED FROM THE BEGINING?

Lol!

Here's some facts:

I've been a GPU miner since Q2 2013.

Here's a pic of one of my first rigs:


The very first block I found was LTC block number 340717.


I was very active in the wemineltc community, helping a lot of newbies get started.
I donated/lost a lot of btc through btcjam.. Grin
I've even sold some very cheap btc to Tim Draper. What more do you want from me?

I currently have:
13x S9
1x L3+
1x D3
2x B3
6x Z9 mini on order
2x E3 on order
26x RX580
65x RX570
12x 1080ti
2x 1070ti
1x Vega64

And yes, I've been buying asics since antminer s1. I will continue buying asics.
I'm actually building a container this summer to host 100kW of ASIC's.
I will source more GPU's when requirements for level 4 supplier in the sonm.io network is ready

You mad?
full member
Activity: 336
Merit: 100
You guys are blinded by your own greed and it is hilarious. The only reason you want it to stay GPU is because you dont want to spend money upgrade equipment.

ASICs are a good thing. They strengthen the network ten fold over GPU hashrate. They are cheaper to buy and run than a GPU mining rig.

You guys talking about how you supported the project by mining it are so full of crap. You mined it to make a profit, you dont care about the direction of the coin until it isnt making enough money for you.

You talk about how BTCP, BTG and BitcoinZ are forking away from it. Who cares? They are shitcoins cloned off of other peoples hard work. Zcash actually brought something original to the table, being the first coin to incorporate zk-Snarks and its zero knowledge proof.

Also this crazy idea that miners were "used" to build the hashrate to be good enough for an ASIC? What kind of idiocy is this? Go look up Bytom.....a coin that was unminable until the ASIC came out from bitmain that was developed in concert with the Bytom team.


I mean how have you been taken advantage of? You mined coins and got paid right? You chose to do that, you profited from it, now you are crying about it. The hypocrisy is undeniable.

These wild conspiracy theories should be scrubbed from this forum before some poor fool reads it and believes all of this garbage.


Could not agree more. I am getting 90%+ money back for my 1080ti-s that i bought a year ago and switching to Asics. Cheaper to buy, cheaper to run, more efficient, what's not to like ?
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
That's what ive been telling people today, best day to dump zec and pick up some better bags.

I myself think that will never have or be a better opportunity to sell zec than right now, I dont have any but if i had, would sell everything right now.
full member
Activity: 168
Merit: 104

As off topic, zec has been pumping and right now is the best time to dump all the zec you trolls have for xmr or any other gpu only coin.


That's what ive been telling people today, best day to dump zec and pick up some better bags.

Remember the D3, remember the L3... bitmain flooded the market with these...  they are room heaters/door stoppers today

at a limit of 50 per customer the market will soon be flooded with Z9 mini's... they will quickly be as unprofitable as a D3...

then will come the Z9 Monster with 10X hashrate of the mini - rinse and repeat....

the only coin that remains somewhat profitable with an ASIC today is bitcoin and that is only because the markets need bitcoin as the trading peg...
if bitcoin wasn't the petro-crypto... the bitcoin asics would probably also be paperweights

and remember 2 years ago, ROI on a bitcoin ASIC was what ... never???
member
Activity: 247
Merit: 59
If there were actually a market for some person in a 3rd world country to send bitmain (or someone else) $75 worth of BTC, LTC, BCH and in turn bitmain (or someone else) to send them a tiny little miner that could mine something... trust me... bitmain (or someone else) would make it happen.

It is a misconception some people think about the whole thing. I would not blame the troll or even bitmain for that, blame should be on coin developers, they have the power to do anything they like given the consensus.

As off topic, zec has been pumping and right now is the best time to dump all the zec you trolls have for xmr or any other gpu only coin.

Also you trolls should never support asic coins and that is to send a message to future coin developers.

^^^^^^^^^ Sometimes you are wise, this is one of those times.
sr. member
Activity: 465
Merit: 252
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Another ASIC dog unmasked "cryptotore"
Bitcointalk:
Show the last topics started by this person.

"Hi,
I would like some help with a design to sound proof 10-20 Antminer S9's.
I've been searching but havent really found any good threads on it, hope its ok I create a new one.
This is my goal:
-Be able to run 10-20 S9 in my garage without bothering the neigbours."

"Got 6x S7 coupons valued at 0.05 BTC each available for sale.
0.025 each
0.12 for all"

Why dont you go, and start and support a ASIC coin  - SOB.

And YES i will proudly say I am nice size GPU miner and I supported a lot of projects since 2012 with donations to devs and to list coins on exchanges. Also, as for many here mining is my hobby. I dont drink, smoke or party and money is not the most important think in my life. in blockchain i see future for better world. where a GPU owner/miner in afrika or asia could provide for his family without sale his kidney to a greedy F...k like you.
WHAT DID YOU DO TO THE CRYPTO COMMUNITY, BESIDE PROFITING OF COINS, THAT OTHER MEMBERS OF THIS FORUM SUPPORTED FROM THE BEGINING?

So because he mines with ASICs hes a bad person?

P.S. Its actually cheaper for someone in a third world country to buy and run an ASIC than it is to build a MUCH MORE expensive GPU system that requires paying 4-5x the amount of import duties and makes less profit. Maybe you should spend less time dreaming of a better world and more time paying attention to the reality of this one. So you can proudly say you are a GPU miner even though it is meaningless at least you can pat yourself on the back. You have no fundamental grasp of how mining works yet you come here talking shit to someone with more skin in the game that you can ever afford to have.

The stupidity in this thread is overwhelming.

As you say "The stupidity in this thread is overwhelming"


So then why are you here??
legendary
Activity: 2296
Merit: 1031
When devs needs hashrate they are the best friend of small miners, garage miners, medium miners, but when the coin reaches a great volume of money, they forgot all and don't care about community

That is a very interesting quip.  Very thought provoking and made think more about the lifecycle of various coins.  What about this:

1. Would Bitcoin be worth what it is today without ASICs?

2. Doesn't Bitcoin pretty much get a 'pass' when it comes to this since the original developer is anonymous?  Sure, there is a development team working on bitcoin.  But... they also seem untouchable or maybe since bitcoin is doing so well no one cares.

Regarding the OP, I'll just add:

3. I agree developers should act in good faith with their own community.  Banning people for voicing an opinion is wrong.  However...

4. Is there anything legally binding that says the developer "must" fork for various reasons?  Starting off over a year ago to remain ASIC resistant is one thing.  But a lot can change in that time so should coin developers not be flexible to changing strategies?

Maybe ASICS will be the fire power that pushes ZEC into the stratosphere in a couple of years time with ASIC mining and wider adoption. 

jr. member
Activity: 252
Merit: 8
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Another ASIC dog unmasked "cryptotore"
Bitcointalk:
Show the last topics started by this person.

"Hi,
I would like some help with a design to sound proof 10-20 Antminer S9's.
I've been searching but havent really found any good threads on it, hope its ok I create a new one.
This is my goal:
-Be able to run 10-20 S9 in my garage without bothering the neigbours."

"Got 6x S7 coupons valued at 0.05 BTC each available for sale.
0.025 each
0.12 for all"

Why dont you go, and start and support a ASIC coin  - SOB.

And YES i will proudly say I am nice size GPU miner and I supported a lot of projects since 2012 with donations to devs and to list coins on exchanges. Also, as for many here mining is my hobby. I dont drink, smoke or party and money is not the most important think in my life. in blockchain i see future for better world. where a GPU owner/miner in afrika or asia could provide for his family without sale his kidney to a greedy F...k like you.
WHAT DID YOU DO TO THE CRYPTO COMMUNITY, BESIDE PROFITING OF COINS, THAT OTHER MEMBERS OF THIS FORUM SUPPORTED FROM THE BEGINING?

So because he mines with ASICs hes a bad person?

P.S. Its actually cheaper for someone in a third world country to buy and run an ASIC than it is to build a MUCH MORE expensive GPU system that requires paying 4-5x the amount of import duties and makes less profit. Maybe you should spend less time dreaming of a better world and more time paying attention to the reality of this one. So you can proudly say you are a GPU miner even though it is meaningless at least you can pat yourself on the back. You have no fundamental grasp of how mining works yet you come here talking shit to someone with more skin in the game that you can ever afford to have.

The stupidity in this thread is overwhelming.
So you are saying that Asics are custom duty free ? For third world countries GPU mining is even more important. Asics are not available in retail shops like gpus are. Even in a small third world nation's small town you can go and easily buy a gpu but not the same case with Asics. Many Asian countries have informally banned Asics from entering the country, they seize them in customs but how would you know. Living in first world comfort zone and talking about third world problems.

Gpu mining is democratisation of mining and prevents crony capitalism. Any Govt. can officialy ban ASICs easily and no one would care but they can never ban GPUs as it has many uses in different industries and a only a tiny minority use it for cryptocurrency mining.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster

So because he mines with ASICs hes a bad person?

It is a misconception some people think about the whole thing. I would not blame the troll or even bitmain for that, blame should be on coin developers, they have the power to do anything they like given the consensus.

As off topic, zec has been pumping and right now is the best time to dump all the zec you trolls have for xmr or any other gpu only coin.

Also you trolls should never support asic coins and that is to send a message to future coin developers.
hero member
Activity: 756
Merit: 560
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Another ASIC dog unmasked "cryptotore"
Bitcointalk:
Show the last topics started by this person.

"Hi,
I would like some help with a design to sound proof 10-20 Antminer S9's.
I've been searching but havent really found any good threads on it, hope its ok I create a new one.
This is my goal:
-Be able to run 10-20 S9 in my garage without bothering the neigbours."

"Got 6x S7 coupons valued at 0.05 BTC each available for sale.
0.025 each
0.12 for all"

Why dont you go, and start and support a ASIC coin  - SOB.

And YES i will proudly say I am nice size GPU miner and I supported a lot of projects since 2012 with donations to devs and to list coins on exchanges. Also, as for many here mining is my hobby. I dont drink, smoke or party and money is not the most important think in my life. in blockchain i see future for better world. where a GPU owner/miner in afrika or asia could provide for his family without sale his kidney to a greedy F...k like you.
WHAT DID YOU DO TO THE CRYPTO COMMUNITY, BESIDE PROFITING OF COINS, THAT OTHER MEMBERS OF THIS FORUM SUPPORTED FROM THE BEGINING?

So because he mines with ASICs hes a bad person?

P.S. Its actually cheaper for someone in a third world country to buy and run an ASIC than it is to build a MUCH MORE expensive GPU system that requires paying 4-5x the amount of import duties and makes less profit. Maybe you should spend less time dreaming of a better world and more time paying attention to the reality of this one. So you can proudly say you are a GPU miner even though it is meaningless at least you can pat yourself on the back. You have no fundamental grasp of how mining works yet you come here talking shit to someone with more skin in the game that you can ever afford to have.

The stupidity in this thread is overwhelming.
sr. member
Activity: 324
Merit: 250
First thing that comes to mind is that when you're a GPU PoW coin, its possible to develop an asic in secret and basically take over the network without anyone knowing.

If you're already on asics (fastest tech available atm), you're not vulnerable to stuff like that.

The ASIC manufacturer could sell only a small fraction of its miners and keep the rest mining for itself. That makes a coin/algo that has been ASIC'ed just as vulnerable to "secret mining" as one that is still only mineable with a GPU or CPU.

So, no, the successful development of ASICs for an algo does not make it any less vulnerable to shady behavior by ASIC manufacturers.



So you would say bitcoin is just as vulnerable to someone developing a better tech  and taking over the network as for example monero?
full member
Activity: 420
Merit: 184
First thing that comes to mind is that when you're a GPU PoW coin, its possible to develop an asic in secret and basically take over the network without anyone knowing.

If you're already on asics (fastest tech available atm), you're not vulnerable to stuff like that.

The ASIC manufacturer could sell only a small fraction of its miners and keep the rest mining for itself. That makes a coin/algo that has been ASIC'ed just as vulnerable to "secret mining" as one that is still only mineable with a GPU or CPU.

So, no, the successful development of ASICs for an algo does not make it any less vulnerable to shady behavior by ASIC manufacturers.

newbie
Activity: 28
Merit: 5
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Another ASIC dog unmasked "cryptotore"
Bitcointalk:
Show the last topics started by this person.

"Hi,
I would like some help with a design to sound proof 10-20 Antminer S9's.
I've been searching but havent really found any good threads on it, hope its ok I create a new one.
This is my goal:
-Be able to run 10-20 S9 in my garage without bothering the neigbours."

"Got 6x S7 coupons valued at 0.05 BTC each available for sale.
0.025 each
0.12 for all"

Why dont you go, and start and support a ASIC coin  - SOB.

And YES i will proudly say I am nice size GPU miner and I supported a lot of projects since 2012 with donations to devs and to list coins on exchanges. Also, as for many here mining is my hobby. I dont drink, smoke or party and money is not the most important think in my life. in blockchain i see future for better world. where a GPU owner/miner in afrika or asia could provide for his family without sale his kidney to a greedy F...k like you.
WHAT DID YOU DO TO THE CRYPTO COMMUNITY, BESIDE PROFITING OF COINS, THAT OTHER MEMBERS OF THIS FORUM SUPPORTED FROM THE BEGINING?

yikes
newbie
Activity: 75
Merit: 0
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Another ASIC dog unmasked "cryptotore"
Bitcointalk:
Show the last topics started by this person.

"Hi,
I would like some help with a design to sound proof 10-20 Antminer S9's.
I've been searching but havent really found any good threads on it, hope its ok I create a new one.
This is my goal:
-Be able to run 10-20 S9 in my garage without bothering the neigbours."

"Got 6x S7 coupons valued at 0.05 BTC each available for sale.
0.025 each
0.12 for all"

Why dont you go, and start and support a ASIC coin  - SOB.

And YES i will proudly say I am nice size GPU miner and I supported a lot of projects since 2012 with donations to devs and to list coins on exchanges. Also, as for many here mining is my hobby. I dont drink, smoke or party and money is not the most important think in my life. in blockchain i see future for better world. where a GPU owner/miner in afrika or asia could provide for his family without sale his kidney to a greedy F...k like you.
WHAT DID YOU DO TO THE CRYPTO COMMUNITY, BESIDE PROFITING OF COINS, THAT OTHER MEMBERS OF THIS FORUM SUPPORTED FROM THE BEGINING?
jr. member
Activity: 186
Merit: 4
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Do you have any actual arguments?
member
Activity: 76
Merit: 10
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?

Sounds like you yourself are a bit of an ass hole with no real concept of right or wrong and no clue what decentralisation actually means. Also when a promise is made it should be up held. Now shuffle on back under your bridge you troll.
sr. member
Activity: 324
Merit: 250
This subject needs to remain on top. As a warning to greedy devs.

Sounds like GPU miners like yourself are the greedy ones?
jr. member
Activity: 234
Merit: 2
I sold all my zec and my friends too. Never ever will trade it. I hope soon it will become shitcoin like most if not change mind
hero member
Activity: 906
Merit: 507
Hey everyone, I recently did this video (https://www.youtube.com/watch?v=oPdnG03eI58) showing some of the recent Deception and Misdirection that the ZCash team has pushed on us all over the last 1.5 years and ofcoarse more recently over the last week with the announcement of the Z9.

....








Yes, Zcash is a scam, always has. Why? first the trusted stepup is completely unreliable from the get go, but now with all the behaviors that you documented... it is total unconsciousness to support this chain in anyway.

ZEC is beautiful example of how a shitcoin can get a high valuation...

Furthermore the behavior, and censorship is totally unacceptable. it's the virus musk(it), a very contagious illness, made of arrogance and lack of respect for investors.

and there is zero decentralization with this coin, everything rest on the shoulder of a censoring master... what a shame for those who have been fooled...

the rush for the exit is going to be fun Smiley.


Very true if this is supposed to be a decentralized coin than why is one man pulling the strings 
jr. member
Activity: 186
Merit: 4
I would like to know what makes asics better at securing the network than gpu's?  
Also some idiot saying that gpu miners jump ship if another coins is more profitable...So do asic miners. You only have to look at BTC and BCH if one is more profitable than the other to mine they simply switch their asics to that coin.

We all saw the posts when zec first started .. making promises at being asic resistant....in order to be resistant you have to actually resist. its so easy to say your resistant when there is nothing to resist against.

I would like to see the 20% paid by the miners put to some good use and use the 20% to pay the devs  for their time to fork away from asics and actually keep their word.

Everything the OP has stated is true and in my opinion if they dont fork away from asics they should be held liable for their lies and deceit. They are no better than Bitconnect it my eyes.

First thing that comes to mind is that when you're a GPU PoW coin, its possible to develop an asic in secret and basically take over the network without anyone knowing.

If you're already on asics (fastest tech available atm), you're not vulnerable to stuff like that.

That's not a pleasant scenario.

On the other side, it's a lot more secure when there's one dominant ASIC manufacturer that already has a healthy xx% of the hashrate and can easly build enough to get over 50%. Roll Eyes Roll Eyes Roll Eyes  Totally invulnerable. Cheesy Cheesy

Also does the eth network seem vulnerable? You'd need quite a lot of ASICs (assuming E3 eff) to get over 50.

And how many persons/companies could actually build and design an ASIC that could take over a network like Zecs? Assuming the devs would not treat changing algos like some design of the 8th world wonder, and fork like Monero did?
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