Fairly certain that most people scream :"FORK! FORK" not because of principals, but because of pure greed. There is no stopping ASICs whether you like it or not. Adapt or die.
Amen. Gpu miners have had it too good for too long. They buy gpus, make a killing , then sell it for the same price if not more then they bought it for. Try doing that on a 2 year old asic. They are about to find out what real losses can be like.
ROFL... You guys are pathetic... ROFL....
GPUs are WAY more available to get than ASICs. To say GPUs are currently hard to get is incorrect. Sure there was a month or two 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.As you 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 you 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.Theres a lot you dont know about asics if the last one you bought was in 2015. I mine on gpus too, i dont hate them , i just know their beat. They are inefficient and becoming more obsolete every month. Cn7 is already being mined on FPGAs. Unforkable FPGAs should be a gpu miners worst nightmare once they hit in numbers, not asics.
Do you think coin devs have the money and the time to keep forking over and over, just to keep die hard gpu miners happy? they will inevitably give in, their projects goals will come first. They get paid either way with the block reward. If they dont like it they can switch to x16r/s.
Dont you think cpu miners had the same beef with gpu s ruining their profits back at the start of the decade. Everyone has a cpu, but not everyone has a killer gpu or 6. Gpu s are still overpriced and gamers hate the lot of ya. If asics wont destroy gpu mining then FPGAs definately will.
Most people dont care about manufacturer centralization , they dont mine for free just to support a decentralized network , they mine for a profit , with the most profitable pool on the most profitable hardware whoever hosts or makes it they dont care. If they do support a network that isnt the most profitable then they just expect an even bigger profit when they dump their coins on a pump and move on.
A quick buck is an illusion?, tell that to early x3 owners, their laughing and probably even thanking downrampers like you who scared off a majority of potential buyers of the x3, reducing difficulty and increasing their profits, theyd be close to ROI if not already and they could still sell their rig for a profit. Yes s*** will hit the fan on the 30th but by then everything they mine will be complete profit or soon to be even if it isnt much.
In a perfect world it would be great if asics and fpgas didnt exist. But they do, so adapt or live with it.