Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
arielbit
on 19/02/2016, 10:09:50 UTC

I'm quoting my previous post because you sliced the important points and negate my argument LOL

That was opinion, not analysis. Why don't you post some hard data instead of waffle.

The fact is that hashpower is hashpower - wherever it comes form. It goes hand in hand with coin development and commercial appeal. Marketcap and hashpower are generally positively correlated, doesn't matter if it comes from ASICS or anywhere else. There are good reasons for that, not least the fact that the correlation was built into the design of the proof of work algorithm in the first place.

What makes far more difference than any of this however is whether a coin is seen my the market as an original in its class or not. The top 10-15 marketcap coins are there for that reason more than any other and the hashpower/marketcap is attracted to those networks accordingly.

more miners going to work.. I don't think so ASICs is a form of centralization (mining farms, places where ASICs cannot be bought-no miners)

It doesn't matter. Large mining pools & farms are part of the woodwork in this economy. 5 big mining pools is just a highly scaled version of 50000 home miners. Dash is already mined in pools anyway. What's important is that no-one has a monopoly - new pools can be opened at any time by anyone and new server farms created.

Quote
The top 10-15 marketcap coins are there for that reason more than any other and the hashpower/marketcap

let's add top 9 Bytecoin filter non-mineable http://coinmarketcap.com/currencies/views/filter-non-mineable/

and my favorite, your failure kill coin Dashcoin DSH..

hashrate increased significantly more or less 10 times many months ago


price stagnates


Bytecoin - Dashcoin current hashrate comparison 80% of the freakin hashrate...just go to poloniex and compare the price of those two coin  Wink HARD DATA eh?  Cheesy