This whole speed limiting per IP is a ridiculously bad idea. It is so cringe worthy I cant even believe it was brought up and is being discussed as a remote possibility. Even the average miner with say 2 6 card rigs would have to own 3 IPs just to make like $250/mo mining. That would extend GPU ROI out so far it would be pointless to mine anyway.
People just need to understand that ASICs are part of the natural flow of crypto. Everything starts general purpose and as it ages it is refined and laser focused on doing only what needs to be done. People only protect GPUs as the "proper way to mine" because they are greedy and dont want their poor GPU investments to lose out even worse.
Pretty much everything about an ASIC miner is better than a GPU rig. Less failure points, less expensive hardware, higher hashrate, the list goes on. The only arguement that can be made about GPU versus ASIC is GPUs are quieter. I manage 10k ASICs and 10k video cards so I have more experience on both sides of the field than pretty much anyone else you are going to meet. GPUs are just a terrible investment when stacked up against ASICs. As much as nobody wants to hear it, these are just facts.
Wrong because you look at big scale. Which is what I am trying to get across a widespread small gear person creates interest . If 400,000,000. Gpus earn more then power and 200,000,000 are in your large 1k to 10k gpu farm and 100,000,000 are in a 50gpu to 1k gpu farm. That means 100,000,000 are deployed in small setups. 100,000,000 gpus can earn as I type for the little miner. That is world wide distribution.
I have built and sold a ton of 2 card gaming machines. They mine 6 to 12 hours a day to get a cheap gaming machine.
Destroy that widespread base and the zero sum aspect of asics come in.
Right now there are more then 1000 coins. Most are meh. But the volume of them create trading trading creates value for exchanges. Asics simply flatten that out and coins will shrink.
Many coins sole value was or is they could be gpu mined at a profit.
And at thetaj I am not talking scale I am talking 50,000,000 worldwide gaming rigs owned by 1 person
Or 50,000,000 x 1
Not 5,000 x 10000 gpu big farms
both are 50 million gpus.
and I 100% agree bigger miners want what works best for them.
In my case I will stay at a 20kwatt level for 2 years and maybe go to 40kwatt then 80 kwatt if buysolar and i can do the expansion of solar energy we want to do.
80kwatts is only 800th of s-9s which really isn't much at all
60 s-9's in the scheme of mining is meh.
but it means acres of paid for solar panels that have a 25 year life which is the real plan.
for buysolar and I asics fpga gpus all work if they simply don't break.
My defense of gpus is not about my gear as I only have 16x of 100x gpus left.
I am all L3+ T1 and avalon 841
my defense of gpus is my belief that knocking off millions gpus as a mining possibility is bad for crypto coins . Not for me.
