So where are the gpu miners expected to move to?
And yes we saw bitcoins increase as it brought new people in, but litecoins were originally sold as cpu only coins, then gpus came in and people were told asics wont function with ltc....which is what made ltc/btc different.
Now you just have a clone of bitcoins that just mines differently....why would you choose ltc over btc? Btc can have more value due to the lesser amount in circulation making it more rare.
So again, why would one pick ltc over btc?
Topic: fall of coins with asics? - page 2. (Read 1678 times)
Bitcoin went up with asics because it brings in new people buying money printing machines then they stay.
a link to the asic miner for litecoins please
With the announcement of alpha technologies launching an asic miner for litecoins, will we see the fall of cryptocurrency?
The point of having miners is to create a decentralized system however asic miners moving into litecoins will shutdown the gpu miners as we saw with bitcoins.
That being said, where will the gpu miners move to? And at this point, ltc is now no different than btc which means....could we see the fall of cryptocurrency?
The point of having miners is to create a decentralized system however asic miners moving into litecoins will shutdown the gpu miners as we saw with bitcoins.
That being said, where will the gpu miners move to? And at this point, ltc is now no different than btc which means....could we see the fall of cryptocurrency?
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