many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.
I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.
if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines. This is aboard broad adoption base to be nurtured not killed off.
If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.
So anyone reading above and feeling pissed off about that sentence I just wrote in bold I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.
hash growth limits stop super farms of gpus.
I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.
if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines. This is a
If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.
So anyone reading above and feeling pissed off about that sentence I just wrote in bold I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.
My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.
Just my 2 cents.
mining asics are not the issue... have plenty of asics but none that will mine and kill off gpu algos
There is no way there will be 100,000,000 or more individual asic miners.
Since the chip can only mine.
You simply refused to talk that you want to kill off 100,000,000 possible gpu miners and replace 100,000 or less asic miners.
You refuse to talk about 2017 the best year in cryptocoins history being driven by gpus,
And you don.t mention the loss of quality gpu warranty service being replaced by shit asic warranties
I disagree. All they need is one programmable asic aka FPGA and gpu is dead. No more forking will occur because the FPGA will just program itself. When no more forks occur, new asics can be created to target individual algo. The FPGA is insurance in case algos fork. Another way is drop E3 price back to 800 USD. Gpu dies then lol.
I am not refusing anything. GPU mining may have surprisingly better than asics for 2017. But owning the coin wins all actually because difficulty climbs too much. U make more by owning the underlying gpu coin as well, in general.
The ball to destroy GPU is in asic manufacturers court. They want to or they dont want to only.
Keep that thought. BTW I am now down to 16x 1080ti and asic for LTC and BTC
It is not that asics can win or lose if mining becomes all asic or asic + asic /fpga this industry will eat its own self alive.
It needs the broad base of gpus in smaller setups. As you still refuse to see that 100,000,000 small guys getting a piece of the pie is why 2017 was a record year.
Asics only or fpga/asics will kill it.
And I can guarantee amd or nvidia backers will create a new way to earn that shuts out asics and fpga miners.
They simply don't want to lose the sales.
I have a viable ideas that will stop any big miner.
Ie my new coin is nvidia gpu coin you can only send 1 miner capped at say 650sols or like 1x 1080ti
So the benefit of a 10000 sol asic is worthless as it needs to clock to 650 sols.
the asic = worthless
the fpga = worthless.
in fact a new coin such as gpuZcash can use the asic al-gore-rythm of equihash but on the blockchain limit the block winners to 700 sols. of hash
so you 10000 sol asic has to downclock to 700 sols not a brick but fucked none the less.
btw at zcash founders you could do this with zcash. and it would work. pools would need more servers since more workers would be used.
program your pos asics of fpga's then just down clock them to 7 percent
so the 10000 sols drops to 700 sols and it saves some watts maybe you do 50- 100 watts, but it does not look that good anymore.
so asic resistance is easy.
Lets try again. there are two fully mature asic al-gore-rhythms scrypt and sha 256
some al-gore-rhythms are taking on asics and resisting
some figure we should go asic.
I am fine with this.
I am not fine with gpus being fully knocked out of the game.
Here is why:
1 every year gpus sucked to mine since 2014 crypto-coins had bad times. but when gpus were good to mine crypto-coins has good times.
2 only avalon has a long asic warranty
3 all gpus have at least a 1 year warranty.
i dont think asics only is wrong. Bitcoin, bch, litecoin, dash is asics only and it does fine. It didnt affect their coin negatively.
The main threat is the bitmain E3 can mine Eth and it can cost as little as 800 USD. If bitmain sold it at 800 USD. it is over gpu. Because eth is 60+ % of gpu mining. GPU being forced out of eth into other coins will kill gpu mining due to super high difficulty.
asic resistance and forking is always a gamble
SIA coin didnt fork. Etn has issues forking,etc.
Anyways, I suspect bitmain is too smart and will get fpga or something if this keeps up.
As for Nvidia, they are more interested in AI and datacenters, and self driving tech,etc.
They had so much time and cant come up with a better gpu miner. Bitmain and others have done so.
