Re: Claymore's ZCash AMD GPU Miner v11.1 (Windows/Linux)

ZEC and PASC mining is done, no dreaming again ZEC early adopter like BTC did,
just go get full time job guys, and ETH couple next month will switch to POS, ton of millions GPU out there will resell again
noobs miner who lot invest because ZEC show, will got learn Grin

dream become rich from thin air - will vanish soon, old gpu will back to the grave again, oh noobs, see you soon at GPU market
true miner will be miner forever, noobs will out soon, it will be back like 2015 again
Grin

ha ha, and you aren't even a noob, and so dumb.

I think it is the greedy people who expect instant gratuity and as a result spread negativity the most. People who are supportive of these coins and open source simply do not talk like that.

The demanding voices of a select few "Linux" users in this very thread sickens me!
Someday there may be a Zcash or Pascal gift card available in the local grocery stores, and that will be the day this will all pay off for those who are patient and supportive!
When a coin is only worth .50 USD it is not going to financially destroy to many people to just hold the coins until they are worth cashing in!

I also do hope Claymore has a few other irons in the fire!

I don't think he is saying the coins are dead. he's pointing out that when ETH goes POS all those miners are out of jobs and will be moving to other coins. There are a lot of ETH miners and with them moving to ZEC, PASC or ETC is going to drive the difficulty way up making them much less profitable and therefore a lot of GPUs will cost more to mine with than they are making. There are some lucky enough to get free power but I highly double those with free power are big mining farms and are more the hobby miners.

+1

Btw, the ETH effect you're talking about will come before POS. The ETH "difficulty bomb" will start to drive the block times up in less than 2 months. In about 6 months, it really begins to have a very negative impact on miners. POS, on the other hand, won't arrive before next year.

I think in the short term this is going to hurt ZEC/XMR/ETC miners as difficulty increases. That said, bolstering the physical infrastructure of a network usually leads to increased investor confidence. I don't think enough new money will flow in to offset the difficulty, but I don't think it will 'kill' GPU mining in the long term.

Get ready to tighten your belts a bit and be on the lookout for incredible deals on GPUs from panic sellers. Where some see doom, I still see opportunity.