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Topic: ETH Fork | Mining Algorithm Change? | Bitmain Overvalued | GPU vs ASIC (Read 863 times)

TGJ
jr. member
Activity: 173
Merit: 5
I already warned you trolls that most coin devs have already being bribed by bitmain, the rest that are left to just need time, its gameover trolls.
Dude you seriously need to look up the definition of the word “troll” because you are not using it correctly. In fact, you may even find a picture of yourself there, hehe.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
I already warned you trolls that most coin devs have already being bribed by bitmain, the rest that are left to just need time, its gameover trolls.
sr. member
Activity: 308
Merit: 250
they are making wrong decisions.

alot people are going to suffer. except the devs.

we need to push for a progpow fork iff the main chain in october

and how exactly should we "push"?
endless github post obviously did nothing

the only way they would listen is by abducting vitalik and sending his nimble fingers one by one in the mailbox
since majority of investors voted for issuance to be reduced to 1ETH I guess we should count ourselves lucky that a "consensus" was reached



and regarding "ASIC resistance":

TGJ
jr. member
Activity: 173
Merit: 5
Yep, no algo change and they ARE dropping the reward to 2

lol it was fun ETH, Goodnight.,
When does that take effect?
member
Activity: 683
Merit: 16
they are making wrong decisions.

alot people are going to suffer. except the devs.

we need to push for a progpow fork iff the main chain in october

asic is a big threat in the future. What should we do? they are not listening to us
newbie
Activity: 40
Merit: 0
I was literally working on a business plan around the same lines as the antbox.....cooler pads/racks and all.   What is that price though?
full member
Activity: 1148
Merit: 132
they are making wrong decisions.

alot people are going to suffer. except the devs.

we need to push for a progpow fork iff the main chain in october
newbie
Activity: 8
Merit: 0
they are making wrong decisions.

alot people are going to suffer. except the devs.
jr. member
Activity: 306
Merit: 2
Yep, no algo change and they ARE dropping the reward to 2

lol it was fun ETH, Goodnight.,
legendary
Activity: 2366
Merit: 1405
full member
Activity: 1148
Merit: 132
If you are mining ethereum or its forks with gpus and have a github account you ahould flood this post
by the eth devs and asic shills discussing reducting block reward only, or forking Asics and reducing blook reward.
So far most of the support serms to be for Asics.  They are discussing all this in a meeting tomorrow so leave your imput as gpu miners.
 
https://github.com/ethereum/pm/issues/55
member
Activity: 924
Merit: 15
ETH devs are not going to fork to make the coin ASIC resistant. This has never been said by any dev. Indeed, they made a poll to ask people, and 52% of the votes were to fork to invalidate ASICS, which, by this time, should be almost 60% of the current hashrate of ETH and being a big centralized coin since very few people control the amount of coins generated.

More over, they will apply Constantinopla, which, among other things, they will reduce from 3 to 2 ETH per block, which will make mining absolutely inviable for 95% of the people at current prices.

Not only this, this changes will be implemented on October 2018, so i month away and mining ETH will be gone for all of you.

The real problem of ETH is scalability. ETH can do only 15 operations per second with current block of 1mb. There is no solution for this (that's why they created ETH Classic) which was born has a "fork" for ETH to solve that issue, but it didn't.

ETH is just a very well marketed product that will die very soon and i've been warning about this a lot of times.
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
ETH needs to fork or it will die, like all other ASIC coins, except BTC.

ETH could indeed use a fork to revive it's value. There simply is too much going on without much response to the ETH dev team and frankly people are getting tired of waiting for their promises that seem to keep getting moved. 2017 was supposed to be the time for the promised POS algo change and soon 2018 will be over. Will they blow through 2019 without any significant changes as well?

If they  made a bigger dag  and  played around a bit with some other specs it could be only the 1080ti 2080ti and Vega 64 work  along with newer gpus coming out as for pos:

POS = piece of shit


Basically POS is putting money in the bank and getting some interest on it.

Why on earth  should I risk have 100 or 1000 eth coins  sitting  to get interest.

Remember   since the leader controls the coin  he can change rules pretty easy and my 1000 coins getting 1% a month  could be at his mercy. Since coin value can tank at any minute.

I rather have  100,000 usd in a cd getting 2 % a year if I want interest.


This in my opinion is the reason why I think ETH is way way too centralised because the ETH devs have basically too much control.

That entire DOA hack basically proved how much control the ETH devs have. Most don't remember because most us of weren't around in 2016 but there was actually a vote whether to fork or not to fork. The voting ended in favor of not forking but the ETH devs forked anyways.

Same with the issuance reduction last year from 5 to 3 ETH.

BTC doesn't have this issue and this is why its dominance is high and why it deserves the price it hold.

It took me years to realize that centralization is very very bad for anything crypto related. Most likely the only non-centralized coin is Bitcoin itself.
Agree, the more people dig into cryptocurrency projects it becomes clear just how centralized so many projects are . .
legendary
Activity: 3738
Merit: 1708
CoinPoker.com
ETH needs to fork or it will die, like all other ASIC coins, except BTC.

ETH could indeed use a fork to revive it's value. There simply is too much going on without much response to the ETH dev team and frankly people are getting tired of waiting for their promises that seem to keep getting moved. 2017 was supposed to be the time for the promised POS algo change and soon 2018 will be over. Will they blow through 2019 without any significant changes as well?

If they  made a bigger dag  and  played around a bit with some other specs it could be only the 1080ti 2080ti and Vega 64 work  along with newer gpus coming out as for pos:

POS = piece of shit


Basically POS is putting money in the bank and getting some interest on it.

Why on earth  should I risk have 100 or 1000 eth coins  sitting  to get interest.

Remember   since the leader controls the coin  he can change rules pretty easy and my 1000 coins getting 1% a month  could be at his mercy. Since coin value can tank at any minute.

I rather have  100,000 usd in a cd getting 2 % a year if I want interest.


This in my opinion is the reason why I think ETH is way way too centralised because the ETH devs have basically too much control.

That entire DOA hack basically proved how much control the ETH devs have. Most don't remember because most us of weren't around in 2016 but there was actually a vote whether to fork or not to fork. The voting ended in favor of not forking but the ETH devs forked anyways.

Same with the issuance reduction last year from 5 to 3 ETH.

BTC doesn't have this issue and this is why its dominance is high and why it deserves the price it hold.

It took me years to realize that centralization is very very bad for anything crypto related. Most likely the only non-centralized coin is Bitcoin itself.
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
Let's see what the consensus will be on the 31st.

What do you think should be done regarding the current ETH issues being debated?
legendary
Activity: 2366
Merit: 1405
Let's see what the consensus will be on the 31st.
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
ETH needs to fork or it will die, like all other ASIC coins, except BTC.

what do you mean? things have been going great for ETN this year

(sarcasm)
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
ETH needs to fork or it will die, like all other ASIC coins, except BTC.

ETH could indeed use a fork to revive it's value. There simply is too much going on without much response to the ETH dev team and frankly people are getting tired of waiting for their promises that seem to keep getting moved. 2017 was supposed to be the time for the promised POS algo change and soon 2018 will be over. Will they blow through 2019 without any significant changes as well?

There are plenty of cryptocurrency projects to support, with ETH continuing down this road isolating what I would consider their founding support base . . many will continue to move to other projects

Ultimately I think most are left with the feeling of . . why even bother sticking around -- abandoned their miners and the coin is plummeting, I don't hold much ETH anymore and it was my largest holding at one point
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
eth devs are stinking rich now and don`t really care anymore. look how buterin turned from visionary genius to second-grade philosopher.
I do feel that all these devs are so out of touch with the people that support their network at the base level . . the miners which also turn into promoters, future devs, and everything else
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
ETH needs to fork or it will die, like all other ASIC coins, except BTC.

ETH could indeed use a fork to revive it's value. There simply is too much going on without much response to the ETH dev team and frankly people are getting tired of waiting for their promises that seem to keep getting moved. 2017 was supposed to be the time for the promised POS algo change and soon 2018 will be over. Will they blow through 2019 without any significant changes as well?

If they  made a bigger dag  and  played around a bit with some other specs it could be only the 1080ti 2080ti and Vega 64 work  along with newer gpus coming out as for pos:

POS = piece of shit


Basically POS is putting money in the bank and getting some interest on it.

Why on earth  should I risk have 100 or 1000 eth coins  sitting  to get interest.

Remember   since the leader controls the coin  he can change rules pretty easy and my 1000 coins getting 1% a month  could be at his mercy. Since coin value can tank at any minute.

I rather have  100,000 usd in a cd getting 2 % a year if I want interest.

The bigger DAG solution is new for me, sure it will hit 95%+ of miners, but people will go mad then.

that would invalidate 80% or so of my current GPU farm, but honestly I would be interesting in seeing it. Seems part of the effective route to being "asic resistant" used to love that term, now it feels like talking about an ex lol
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