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Topic: How to address the problem of miner centralization caused by ASICs ? (Read 448 times)

brand new
Activity: 0
Merit: 0
Interesting platform, how many startups do you have on Crowdholding.com?
newbie
Activity: 106
Merit: 0
Commented on the task, thanks for sharing
newbie
Activity: 152
Merit: 0
Great projects, thanks for sharing and I've given my answer on Crowdholding.com
newbie
Activity: 159
Merit: 0
How much did Whalesburg raise in their ICO? And also Crowdholding?
newbie
Activity: 100
Merit: 0
Nice share, joined Crowdholding as it seems a very interesting project.
newbie
Activity: 195
Merit: 0
Great platform, thanks for the share. I've joined Crowdholding.
full member
Activity: 226
Merit: 100
Thanks for the share, I think it's a great little platform and I am fan of co-creation. Allows me to contribute and feel a little important Smiley
full member
Activity: 232
Merit: 100
Thanks for sharing!
jr. member
Activity: 644
Merit: 1
https://imgur.com/Sufc3d2
Bitcoin Mining is actually a mine activity using a particular device. The process through solving a series of mathematical problems (puzzles) based on certain difficulty levels. Well this activity is called "Mining" or cool term is "Bitcoin Mining".

So clearly, that if someone is mining Bitcoin, that means the person is using a mining device. Can use CPU, GPU, FPGA, and ASIC.
Currently Asic mining has become the only realistic way to be able to do mining and gain profit. However, mining with Asic has also been unfriendly, especially to small miners.

If there is a question that questions, then what is the point of decentralization if in the end every individual is finally eliminated? Would it be possible to return to a one that might combine the two? Is it true that the birth of the Asic mining and the emergence of these large mining centers have broken the original vision of Bitcoin?

In cryptocurrency, there may be a cycle that may recur. And it can be seen the tendency with the appearance of Altcoin. Where a cryptocurrency other than Bitcoin appears and is still free from big investors. But of course with the start and price levels are still much smaller compared with the current Bitcoin.
full member
Activity: 234
Merit: 100
Really liking Crowdholding's platform and it seems to be buzzing! More mining tasks please!
full member
Activity: 234
Merit: 100
Thanks for sharing, I will leave my comment on Crowdholding.
full member
Activity: 236
Merit: 100
Look interesting, I will look into Crowdholding, thank you for sharing.
full member
Activity: 236
Merit: 100
Thanks for sharing the information about Whalesburg and Crowdholding, both seem like quite interesting projects.
full member
Activity: 244
Merit: 102
Interesting platform, keep sharing tasks!
full member
Activity: 160
Merit: 100
Thanks for the share!
full member
Activity: 162
Merit: 100
Great question and I am a big fan of Crowdholding's platform. I would recommend it to anyone who is looking to earn some tokens without spamming social medias from bounty campaigns.
newbie
Activity: 53
Merit: 0
Thanks for sharing, interesting concept.
jr. member
Activity: 67
Merit: 3
Omg, those ASICs destroyed my gtx1060 profit. We need to do smth.... Ready for ACTION!

I believe yours Gtx 1060 are 3 Gb cards if your profit is destroyed. I have some of them too. They cannot really mine Ethereum effectively anymore in Windows 10 which is the best Windows platform for mining , they were performing well in Zcash otherwise.

Until the army of Z9 mini and Z9 came to life in the end of July and now four such cards can make only 0.30 mBTC mining Zcash. That is nothing, it means those cards are not worthy anymore, you , me and everyone else should start selling them in Ebay before they become totally worthless.

I mine with them just fine with hiveos
newbie
Activity: 53
Merit: 0
I'm a tad confused, so is this thread for Crowdholding or Whalesburg?
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
Omg, those ASICs destroyed my gtx1060 profit. We need to do smth.... Ready for ACTION!

I believe yours Gtx 1060 are 3 Gb cards if your profit is destroyed. I have some of them too. They cannot really mine Ethereum effectively anymore in Windows 10 which is the best Windows platform for mining , they were performing well in Zcash otherwise.

Until the army of Z9 mini and Z9 came to life in the end of July and now four such cards can make only 0.30 mBTC mining Zcash. That is nothing, it means those cards are not worthy anymore, you , me and everyone else should start selling them in Ebay before they become totally worthless.
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