ETH fork is coming finally 
source?
Topic: VOTE : Do you want the ETHEREUM DEV. to Fork it --> Save GPU miners ? (Read 596 times)
April 01, 2018, 10:17:16 AM
April 01, 2018, 04:58:28 AM
lol what the heck is ETHERIUM?
?? 
?? I'm afraid you'll have to drop out of the Internet for a few years for failing your "Understand Typo" skill check.
9-)
March 31, 2018, 12:36:00 AM
lol what the heck is ETHERIUM???
?? March 31, 2018, 12:33:35 AM
ETH fork is coming finally
March 28, 2018, 05:22:15 PM
Probably a waste of time, if they stay on track for Casper initial release in a few months and full POS deployment ballpark end of the year, any ASIC miner sold will probably NOT make back what it costs even if the "forks" like ETC/ECL don't change their algorithm.
It's kinda scary though to realize that there probably IS somewhere in the $3-$5 BILLION range invested into Ethereum mining rigs.
There are at least 8.5 million GPUs (that number ASSUMES they are all GTX 1070/R9 290 level cards at 30Mhash/s OR MORE per card) and more likely 10-12 million, mostly RX 470/480/570/580 in the $250 AND UP range when purchased, then add in the "cost per slot" of the underlying rigs, YOU do the math!
It's kinda scary though to realize that there probably IS somewhere in the $3-$5 BILLION range invested into Ethereum mining rigs.
There are at least 8.5 million GPUs (that number ASSUMES they are all GTX 1070/R9 290 level cards at 30Mhash/s OR MORE per card) and more likely 10-12 million, mostly RX 470/480/570/580 in the $250 AND UP range when purchased, then add in the "cost per slot" of the underlying rigs, YOU do the math!
March 28, 2018, 05:00:05 PM
March 28, 2018, 04:38:53 PM
ETH fork is coming also with so many ASICs lately they developers they have to protect the coins
VOTE before it is too late
VOTE before it is too late
March 20, 2018, 07:43:05 PM
Why do you people think that ASICs are what cause centralization? This has to come from a place of complete ignorance.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
They cause centralization because the companies making them also mine with them in secret before they release them to the public months later.
Even then, they only sell to the public to make room for their new generation of ASICs, that they will again sell to you you some months later after they have in private driven up the difficulty. Rinse and repeat.
At least with GPU's there is a level playing field, as your 10,000 GPUs are of the same generation and hashing capability as a home miner with 10 GPUs, so the only difference is scale not hardware supremacy.
Also, GPUs can be used to mine other coins and algorithms, where with ASICs once the next generation comes along the old versions become pretty much useless.
GPUs can still be used for gaming and other computing purposes, meaning that your $5000 mining rig example will be useful 12 months down the road, where your $2500 ASIC is basically a paperweight.
March 20, 2018, 06:44:09 PM
Not surprised that everyone is voting YES. I'm trying to think of the implications of having another Ethereum fork. Will it drive the value of ETH up or down?
Anyway, forks usually mean free money so i'm still all for it.
Anyway, forks usually mean free money so i'm still all for it.
March 20, 2018, 06:42:58 PM
I think i vote yes, if that fork will control or stop the intervention of ASIC miner in eth algo and protect the billions of capital in gpu mining, IT YES FOR ME>..
March 20, 2018, 06:32:51 PM
Why do you people think that ASICs are what cause centralization? This has to come from a place of complete ignorance.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
Because in one year they come out with 20x the speed of the previous ASIC and you are forced to upgrade if you want to stay in the game and your old investment worth pennies ....so you are forced to sell the ASIC.
Make rich the ASIC manufacturers or mine with GPUs that don't lose their value ?
But the GPUs don't lose so much value and you can sell them with a small loss after 1 year.
Did you understand now why we don't want to play with ASICs ?
March 20, 2018, 02:49:26 PM
Why do you people think that ASICs are what cause centralization? This has to come from a place of complete ignorance.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
Great, 100 Bitmain cryptonight ASICs = your 10 000 GPUS. That's how GPU profitability is killed by ASICs when there is no fork.
March 20, 2018, 02:16:21 PM
They state that after the first "masternodes" are setup for the PoS system, they will allow for "stake pools" where you can pool together enough to reach the 1000 needed to stake a node.
March 20, 2018, 02:10:02 PM
Yeah, I would be happy with PoS or a Anti-ASIC fork taking place. This ASIC crap is really bad, especially when things like MoQ of 6, stupidly high price per piece, devs mining before and selling a used product after starts to happen (referring to CN ASICs...).
March 20, 2018, 02:03:14 PM
Why do you people think that ASICs are what cause centralization? This has to come from a place of complete ignorance.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
The problem with ASICs idiot is they only sell to the big guys early for the bulk orders and then mine with thier own hardware like they did with cryptonightt.
Gpu's might be expensive but ANYONE can buy them, maybe not in bulk or at discounts big farmers like you get but the are accessible.
Good quality ASICs for coins that would be very profitiable ( like cryptonight was before bitmain and baikal killed it) are not aviaible for sale until
AFTER the large profits have been made by the big inside buyers and the chip makers.
Then they dump the hardware on you for your measly $20 profit a day per machine (before power, hello S9 and L3) when they were making like 500 to 1k profit per machine when they initialy made it.
The playing fieild is rigged that is why people dislike ASICs.
Thats the problem dumbass
March 20, 2018, 01:59:39 PM
Yes GPU miners hsould be saved. It makes no sense to me to put mining in the hands of big companies. Those companies are just like banks in the old world. Let's steer away from that.
March 20, 2018, 01:59:18 PM
Why do you people think that ASICs are what cause centralization? This has to come from a place of complete ignorance.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.
I manage over 10,000 GPUs myself.
Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?
Try using logic when posting instead of emotion.
March 20, 2018, 01:34:42 PM
Yes, even though I love ASICs and they've been nothing but good for me personally, it's not the same for everyone else. Community and decentralization needs to be pleased
March 20, 2018, 12:59:23 PM
Algos should every 3-4 months to kill ASICs and maybe even FPGAs, so I vote YES, fork Ethereum.
March 20, 2018, 08:38:31 AM
What the heck is EtherIum?
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