Quote from: minerman121 on May 16, 2017, 11:14:08 AM

Quote from: freeElectron on May 16, 2017, 10:58:29 AM

Quote from: minerman121 on May 16, 2017, 10:52:42 AM

Quote from: freeElectron on May 16, 2017, 10:43:43 AM

Quote from: minerman121 on May 16, 2017, 10:31:01 AM

Years of Monero, Groestl, Skein... Where's the chips?

Fortunately its just shitcoins and won't become anything. So no, we don't see chips.

Oh yeah, Monero is a shitcoin but PIVX isn't... LOL

Groestl and Skein are algorithms, I said Monero but means to say Cryptonite. Do you know why no ASICs actually exist for it? Because they will be more expensive! It's a memory intensive algorithm. Strawman arguments.

Strawman is to praise a coin because there are no chips today. Something that can change any moment.
I know Groestl and Skein are algorithms, but it's for mining shitcoins.

So I should dust of some PoW shitcoin and use it as an example of bad Pow too?
I never praised PIVX. This is a general discussion of PoW vs PoS.

Oh please. My arguments are more to do with PoW offering incentive for new people to jump in and secure a network. It's about the coin having community support that goes beyond a bunch of cheerleading. It;s about longevity. PoS cannot provide that. ETH can, because they enjoyed a long life of PoW mining, intrinsic ledger value and popularity.

Haha.. ETH is doing everything it can to leave PoW behind and go for PoS.