Quote from: jonald_fyookball on March 21, 2017, 01:09:59 AM

Quote from: kingcolex on March 20, 2017, 07:54:22 PM

Apparently the Bitcoin subreddits are talking about this as a huge focus and it isn't being brought up here. Rumor has it that Bitmain has threatened a 51% attack if the BU fork happens, this has now started for a push for a new algorithm debate.I haven't found all the information but this seems like it could be the worst outcome, split coin and changed algorithm could only devalue Bitcoin more and more.

Pretty sure this is FUD.

I doubt miners would waste their resources on such a convoluted scheme (attack a chain and then turn around and mine on the opposite chain), especially since they need all the resources they can get to show strong hashpower majority on the new chain.

it does kinda make sense if a faork could cause the value to die very quickly, and miners want to preserve their profit, if they can't they will do their last move

while i agree that this is the usaul FUD, it might hold some true in it

Quote from: Carlton Banks on March 21, 2017, 06:49:15 AM

Too simplistic gentlemen

And it's being discussed here:

https://bitcointalk.org/index.php?topic=1833391.0

I am strongly in favour of switching the PoW hashing algorithm to Keccak, CuckooCycle, Equihash, or whatever has the best balance of proven hash algorithm & difficulty to develop an ASIC. And I think it should be done before any BU hardfork, any miners unhappy with that should've thought realistically that this day would come.

ASICs begone. The CPU mining revolution will be beautiful, Satoshi warned against the development of sole-purpose SHA256 hashing ASIC processors, and today we can see why.

All Bitcoiners will mine BTC with their regular PC again. Let's do it.

that's awful, pc bot net would simply ruin the minign experience more than any asic, with random dude running aws instances and mining everything

better to do it gpu only not cpu, but this is like saying fuck off to million of dollars invested in mining by chinese, i don't think they will ever agree