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Topic: Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9 - page 15. (Read 4634 times)

legendary
Activity: 1274
Merit: 1000
now there is another ASIC Zec miner 40 k sols how real it is no idea but i bet it is .

https://www.youtube.com/watch?v=kdQNfByI63c&feature=em-uploademail

15 k usd to buy it > https://asicminer.co/shop/asicminer-equihash  

Daily Return: $159.15  till they destroy the network.

and they call GPU miners greedily because we don't want a pay Asic prices which go higher and higher in price each time they come out with a new one till it's used up then they lower the price an fuck us even more .
legendary
Activity: 1274
Merit: 1000
I believe or that's how i feel atm  > ZEC co. Has Deceived and Misled GPU Miners.
I 'm not calling it a Scam yet but do feel we were mislead and lied to all for money .

Bitmain has a lot money. It could be that there was deal between them behind the scenes. I do believe that Bitmain secretly funds lots of cryptocurrency projects. Once the community builds they bring the ASICs to the market. Monero earned my respect with their forking decision.

Bitmain holds the bone with their ASICs while we are treated like dogs. Only support coins that support us.

it seems you have been following it and if what your saying is the case then they lied and mislead us .I was even told on another forum by the DEV that zec would stay Resistance to ASIC . when Zec started in a pass by post i can't find now , that was my main reason for mining Zec back then

Personally i supported Zcash network from beginning, but when Zocco did a statement that ASIC doesn't concern him and he wont stick to the people who help him become rich and famous. i switched my miners to RAVEN and Monero.



 That's what Ive done switch to Monero and Raven mostly Raven .
jr. member
Activity: 252
Merit: 8
Bitmain has a lot money. It could be that there was deal between them behind the scenes. I do believe that Bitmain secretly funds lots of cryptocurrency projects. Once the community builds they bring the ASICs to the market. Monero earned my respect with their forking decision.

Bitmain holds the bone with their ASICs while we are treated like dogs. Only support coins that support us.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
@ op

I would love to answer your pool but your choices are very limited.

Asics are being used to attack gpu coins.

I see that as do the rest of us.

So now the equihash algo is under attack.  By maybe two different asic miners.

So the leading coin is zcash and they are dancing bobbing and weaving around do we fork or not fork.

I would say he should not decide or tell anyone what he will do.
Then when the gear from bitmain ships he should fork and make the announcement that they won’t fork a second time if new asics are made.


Then in six months when some asic builder attacks zcash2 with asic2. He should fork again saying I changed my mind.  And I now have three algos ready for any new asics attacking zcash3.

This is a war asics against gpus.

And gpus losing the war means death for all coins in the long run.  It goes far beyond zcash.

Cryptocoins best year ever was 2017 and gpus were the driving force.

Not asics.  Then in 2018 gpus were shut down by gpu builders prices got jacked asics mined coins on the sneak.

All the gpu networks grew in Jan feb mar yet not many gpus were sold.  So zcash leaders should not be standup transparent deadly  honest.  Then need to bust a move that hurts the. Users of Equihash ASICs more then your pole.

Then need to keep us guessing.

Thanks for your input phil.  poll is not aimed at trying to get zec co to do anything, its aimed at letting miners know they are scum.

As is the attack on gpu mining  by asic builders.

The most successful year ever  2017  was on the back of gpu mining  and the asic builders attack the gear that  created that success.

 Do I think zcash is a bad coin do i think they are scum?  I did see your youtube video.  It makes a good case.  I will wait and see what zcash really does before I decide they are scum or a clever fighter of the asic attacks on them..
full member
Activity: 168
Merit: 104
@ op

I would love to answer your pool but your choices are very limited.

Asics are being used to attack gpu coins.

I see that as do the rest of us.

So now the equihash algo is under attack.  By maybe two different asic miners.

So the leading coin is zcash and they are dancing bobbing and weaving around do we fork or not fork.

I would say he should not decide or tell anyone what he will do.
Then when the gear from bitmain ships he should fork and make the announcement that they won’t fork a second time if new asics are made.


Then in six months when some asic builder attacks zcash2 with asic2. He should fork again saying I changed my mind.  And I now have three algos ready for any new asics attacking zcash3.

This is a war asics against gpus.

And gpus losing the war means death for all coins in the long run.  It goes far beyond zcash.

Cryptocoins best year ever was 2017 and gpus were the driving force.

Not asics.  Then in 2018 gpus were shut down by gpu builders prices got jacked asics mined coins on the sneak.

All the gpu networks grew in Jan feb mar yet not many gpus were sold.  So zcash leaders should not be standup transparent deadly  honest.  Then need to bust a move that hurts the. Users of Equihash ASICs more then your pole.

Then need to keep us guessing.

Thanks for your input phil.  poll is not aimed at trying to get zec co to do anything, its aimed at letting miners know they are scum.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
@ op

I would love to answer your pool but your choices are very limited.

Asics are being used to attack gpu coins.

I see that as do the rest of us.

So now the equihash algo is under attack.  By maybe two different asic miners.

So the leading coin is zcash and they are dancing bobbing and weaving around do we fork or not fork.

I would say he should not decide or tell anyone what he will do.
Then when the gear from bitmain ships he should fork and make the announcement that they won’t fork a second time if new asics are made.


Then in six months when some asic builder attacks zcash2 with asic2. He should fork again saying I changed my mind.  And I now have three algos ready for any new asics attacking zcash3.

This is a war asics against gpus.

And gpus losing the war means death for all coins in the long run.  It goes far beyond zcash.

Cryptocoins best year ever was 2017 and gpus were the driving force.

Not asics.  Then in 2018 gpus were shut down by gpu builders prices got jacked asics mined coins on the sneak.

All the gpu networks grew in Jan feb mar yet not many gpus were sold.  So zcash leaders should not be standup transparent deadly  honest.  Then need to bust a move that hurts the. Users of Equihash ASICs more then your pole.

Then need to keep us guessing.
full member
Activity: 168
Merit: 104
Wow, if this is so and it does seem, appears to be shitting on the community that helped get ZEC to where it is.  This might come back to bite them in the ass hard, should be interesting to see how this plays out.

ZEc co. only cares about its bottom line, not the people who originally supported them... its a company, nothing more.. no community
hero member
Activity: 2506
Merit: 603
Wow, if this is so and it does seem, appears to be shitting on the community that helped get ZEC to where it is.  This might come back to bite them in the ass hard, should be interesting to see how this plays out.
full member
Activity: 168
Merit: 104

 This is a thread about forking due to ASICs so it is a valid topic of discussion.


No, its a thread on if ZEC co and Zooko are honest to their GPU Miners... and that is it.

There is not going to be a fork due to ASICs so that is not the topic.

There are other threads to discuss ASICs or the Z9 in general, please use those threads for such debate.

Please keep this thread on topic.... "Deception & Misdirection by ZEC co."
hero member
Activity: 756
Merit: 560
wrong buddy, when we were mining testnet we were not mining for a profit

higher network hashrate does not necessarily strengthen the hashrate

anyways, this thread is not a debate on asics... it is a simple question so stick to it FFS

And you have continued to mine it for profit. This is a thread about forking due to ASICs so it is a valid topic of discussion.

Its hard to stay on your point so it is just wild conspiracy theories with no factual backing.

And in the end its about you being butt hurt over asics and the fact that your GPU rigs wont make as much mining it when that happens.

You need to get over your victim mentality.
full member
Activity: 168
Merit: 104
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.

wrong buddy, when we were mining testnet we were not mining for a profit

higher hashrate does not necessarily strengthen the network

anyways, this thread is not a debate on asics... it is a simple question so stick to it FFS

just vote no if that is your stance, state why if you want and that's it...
hero member
Activity: 756
Merit: 560
Hey mr hero/legendary member
When someone say something in the beginning and then, "ones rich and famous" change his story 180 degrees - who is the hypocrite?


Zookoo has never said he would fork away from ASICs so im not sure what you are talking about.
newbie
Activity: 75
Merit: 0
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.

Hey mr hero/legendary member
When someone say something in the beginning and then, "ones rich and famous" change his story 180 degrees - who is the hypocrite?
jr. member
Activity: 103
Merit: 1
Until such dirty behavior I actually liked ZCash, now it is dead to me!
hero member
Activity: 756
Merit: 560
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.
newbie
Activity: 75
Merit: 0
Personally i supported Zcash network from beginning, but when Zocco did a statement that ASIC doesn't concern him and he wont stick to the people who help him become rich and famous. i switched my miners to RAVEN and Monero.
This project for me is "0" - just bunch of untruthful scumbags that forget where they come from. 
Also I will not support any coin, this scumbag is associated to.

+ I have a message to developers. YES the mining technology advances - but remember the coins , algos advance as well - and your coin is not only one in this world.
legendary
Activity: 2366
Merit: 1408
which really leads me to wonder if their was any collusion between bitmain and zooko... people have asked for over a month if zooko has been in contact with any asic companies without getting an answer from zooko... and bam asics come out..

I already said something about that few months ago when zec dev said they would not fork if there was an asic for it, that time is when I found out zec devs gave the formula to bitmain to create an asic for it, all behind the curtains, zec dev saying on the matter concerning eth asic was just a confirmation of what was going on since november 2017. Bitmain took 3 months to develop the asic, prototype was done on january 2018, mass production started on that month but the collusion was few months back. However bitmain would not believe when the secret formula got in hands of the competition and now bitmain is releasing the asic cause the competition would take the credit for it and bitmain would not let it. I already said countless of times about this, nobody paid attention cause as always there is no proof till it happens the big announcement hehe, You trolls were warned by zec dev what would happen although I was not 100% sure till few weeks ago about the collusion.

Also I must add, the enormous increased in hashrate few months ago was all asics.

Yes, I remember your posts saying that

Anyone with good english (not me) could create a post to alert people and to remember that they announce another Equihash Asic, it's really amazing how every asics companies achieved at the same time the Asic?
Look cryptonight Asics, they all poped out at the same time
And now it's the second Equihash asic

In my opinion the all mines a lot with then, and when they develop a better Asic or they predict something is gonna happen, the first one put to sell and another ones put to sell after...
full member
Activity: 269
Merit: 101
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
which really leads me to wonder if their was any collusion between bitmain and zooko... people have asked for over a month if zooko has been in contact with any asic companies without getting an answer from zooko... and bam asics come out..

I already said something about that few months ago when zec dev said they would not fork if there was an asic for it, that time is when I found out zec devs gave the formula to bitmain to create an asic for it, all behind the curtains, zec dev saying on the matter concerning eth asic was just a confirmation of what was going on since november 2017. Bitmain took 3 months to develop the asic, prototype was done on january 2018, mass production started on that month but the collusion was few months back. However bitmain would not believe when the secret formula got in hands of the competition and now bitmain is releasing the asic cause the competition would take the credit for it and bitmain would not let it. I already said countless of times about this, nobody paid attention cause as always there is no proof till it happens the big announcement hehe, You trolls were warned by zec dev what would happen although I was not 100% sure till few weeks ago about the collusion.

Also I must add, the enormous increased in hashrate few months ago was all asics.
full member
Activity: 168
Merit: 104

ZCash has released this statement: https://z.cash.foundation/blog/statement-on-asics/


"Board member Andrew Miller is planning to create a proposal through the grants program to convene a Technical Advisory Board to provide scientifically grounded inputs into this decision."

"Based on continued community approval and the results of our investigation above, we have a rough goal of developing and submitting a mitigation plan through the ZIP process, targeting a deployment in late 2018."


In the age of Uber, they will take a good year to sort this out. Just WOW!!


Edit: In case they have doubts on ASIC capabilities, here's one doing 40K:

https://www.asicminervalue.com/miners/asicminer/equihash-40k

Good luck!

yeah right... it will take them near a year to probably impliment any change, and they know damn well that by then no GPU miners will be left or care.  most will have either liquidated or if they have mined out the time, they will be more happy to stick with an algo that has supported them the entire time.. not one that drops them and expects them to pick it back up again...

it is all obviously excuses from zcash... nothing more... BTCP, BTG, BitcoinZ all stating they will address this right away...

with ZCash evolving 0% in 1.5 years... they can afford to put a hold on their precious sapling upgrade and address the issue that those who supported their network growth over the last 1.5 years are getting thrown in a ditch..

so obviously they dont care and are really only in this for the money, Not the community.

which really leads me to wonder if their was any collusion between bitmain and zooko... people have asked for over a month if zooko has been in contact with any asic companies without getting an answer from zooko... and bam asics come out..

also bitmain wouldn't produce 100,000's of these units AND not put a disclaimer that a change in the algo is a risk (like they did with the ETH miner) unless they were certain there would not be an algo change... at 50 units per customer, i would bet they made 300,000+ Z9 units to sell to the public... expect a massive increase in difficulty over the next2-3 months and expect all GPUs to be forced off the network.

there is also a conspiracy floating around that the sapling upgrade made zcash more susceptible to ASICs - which I do not know the exact details about... but.. heh.. with the timing, i would again not be surprised if bitmain knew this and played right into it... if tipped off/collusion I cant say for sure... but it begs the question...

that being said, I knew from zookos comments earler, especially his early april comments, that if an ASIC came out, that they would not do anything to get rid of them ... i lost all respect for ZCash at that time and im proud to have gotten the boot from their forums.  I can consider that to be the ethical thing to do at this point.
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