Topic: Deleted - page 2. (Read 768 times)
I think Equihash cus of ZEC mining rewards have drop a lot according my cloudmining account.
Bitmain (and similar developers), will use this unfair business model until they know that they can have big profitability. They do not care about their buyers.
Develop specific algo ASIC (what is not cheap), mine in private, make an extra profit. But that mining is not enough to pay the development.
When they calculate that it is better to start selling the units, they know that they can sell tens of thousands in few days.
After last successful Monero ASIC resistance fork, future buyers can see that buying an ASIC is a very risky and speculative invesment. ROI can be infinite (no ROI). You invested in very expensive unit (12000USD on the beginning of sell), and now You can mine only small coins where profitability is more than 4x lower than Monero (today). Every day some coin become ASIC resistance, and You will only have a luxuries doorstop.
Develop specific algo ASIC (what is not cheap), mine in private, make an extra profit. But that mining is not enough to pay the development.
When they calculate that it is better to start selling the units, they know that they can sell tens of thousands in few days.
After last successful Monero ASIC resistance fork, future buyers can see that buying an ASIC is a very risky and speculative invesment. ROI can be infinite (no ROI). You invested in very expensive unit (12000USD on the beginning of sell), and now You can mine only small coins where profitability is more than 4x lower than Monero (today). Every day some coin become ASIC resistance, and You will only have a luxuries doorstop.
Next stop Equihash ! Neoscrypt shitcoin are safe for now. I wonder why so many shitcoins use Neoscrypt. Some coins are good though.
nothing safe. Neoscrypt is popular so it has an asic for it already.
yeah if you do the math a first run of chips with research and development is 10 million
So to get some working machines cost 10 million. that is a drop in the bucket for bitmain is multibillion.
But they are smart so they may want to create wealth i.e. xmo + xmr are better then just xmr.
bch + btc are better then just btc
Maybe they force an equihash fork in a bit.
sooner than 6 months would be better more like 2 months.
if we get four forks
eth + eth fork
zec + zec fork
xmr + xmr fork
btc + bch fork
it can hold together.
if bitmain goes after the forks too quickly it will be bad.
every popular algo really.
where there is money, there is china... oh i mean bitmain. but yeah, china.
where there is money, there is china... oh i mean bitmain. but yeah, china.
Next stop Equihash ! Neoscrypt shitcoin are safe for now. I wonder why so many shitcoins use Neoscrypt. Some coins are good though.
nothing safe. Neoscrypt is popular so it has an asic for it already.
Next stop Equihash ! Neoscrypt shitcoin are safe for now. I wonder why so many shitcoins use Neoscrypt. Some coins are good though.
I think much possible to be next algo is Equihash for zcash coin and other equihash coins.
the possible other Algo that I think is Neoscrypt. Since bitmain not success in their old project about centralizition I think this is their way to get benefits of making new hardware for other algo's.
The worst could result is GPU mining will die.
the possible other Algo that I think is Neoscrypt. Since bitmain not success in their old project about centralizition I think this is their way to get benefits of making new hardware for other algo's.
The worst could result is GPU mining will die.
Asics blatantly step on the GPU. It's war. But it seems to me that the founders of coins are also interested in decentralizing mining. They must support GPU mining. I hope that they will apply some sort of protection against asics in the future. Let's see. Now mining is not very profitable business. I'm not gonna fight for him.
they have asics for all popular coins that can be mined.
aggreed. my reason is very simple. On December 2017, the network has rate of ETH was 130.000Gh/s. Today, we are at 245.000gh/s
Considering that almost all GPU's are doing about 30mh/s average
115.000gh/s = 115.000.000 mh/s.
thats 3.833.333 GPU's that in just 3 months have entered all pools of ETH.
i simply can't believe that's possible. Bitmain is selling their Crap hardware. 180mh/s Asic mining crap. They have more efficent and more powerfull Asic mining hardware that have been pushing in for a while.
Consider this. Yesterday , at about the time of writing, we had a network hasrate of about 235.000gh/s. In just 24 horas, 10.000 gh/s have joined the ETH pool. thats like 333.333 gpu's joining the pool. Or get it this way. 55.555 6gpu's mining rigs switched to ETH in less than 24 hours.
Is this possible??? NO , OF COURSE NOT!!!!
they have asics for all popular coins that can be mined.
Equihash for sure, thinking 3rd Q announcement.
If that is the case, I think we should change the PoW algorithm.
I think we need to check top 20 coins and see what algo is there without asics..
And it looks like it is equhash, there several coins on this algo in the top 20
And it looks like it is equhash, there several coins on this algo in the top 20
they are definitely mining equihash and lyra
i think going forward they will be more sneaky and slowly push the hash rate
up hoping to better hide thier asics, monero plans to fork every six months which
is the best option to keep them out.
let them either develop thier own gpus or build rigs like everyone else
i think going forward they will be more sneaky and slowly push the hash rate
up hoping to better hide thier asics, monero plans to fork every six months which
is the best option to keep them out.
let them either develop thier own gpus or build rigs like everyone else
agreed, lyra2rev2
Equihash for sure, thinking 3rd Q announcement.
In July XRP Asic's ready4a1!
they are definitely mining equihash and lyra
i think going forward they will be more sneaky and slowly push the hash rate
up hoping to better hide thier asics, monero plans to fork every six months which
is the best option to keep them out.
let them either develop thier own gpus or build rigs like everyone else
i think going forward they will be more sneaky and slowly push the hash rate
up hoping to better hide thier asics, monero plans to fork every six months which
is the best option to keep them out.
let them either develop thier own gpus or build rigs like everyone else
.
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