Quote from: lunobird on January 19, 2018, 07:49:21 PM

Simple. Buy bitcoin gold if you feel this way.

I feel bitmain is invasive so I started loading up on btg. They took over Sia coin with their a3 miner. Sia devs threatened bitmain but have not took any definitive action. Bitcoin gold will

Bitcoin gold have no problems changing algos to be asic resistant.

The bitcoin community claims to be decentralized yet they keep buying bitcoin the most centralized coin being mined out by bitmain.

If you truly believe in decentralization you should be getting btg and not btc

I mean, if you read the post and see the argument that equihash coins will also be dominated by ASICs, then BTG would likely not remain decentralized. (Of course, it would also depend on how competitive ASIC development for that algorithm became.) If you want to argue that it is simply not the case that a practical ASIC will be released for equihash, then you could say BTG will remain in the hands of GPU miners.

Quote from: CryptoWatcher420 on January 19, 2018, 07:48:54 PM

Quote from: Metroid on January 19, 2018, 07:44:37 PM

I see day by day, ASICS of many coins are launching, individually or multiple. Chinese companies are trying to kill the GPU mining market once again cause they are greedy, just like they did to Bitcoin and Litecoin. GPU Mining died in 2013 and was resurrected in 2015 with the Cryptocoins Generation 2.0, although many of you miners just started mining on 2016 due to huge pumps on those 2.0 cryptocoins.

As Cryptocoins got more popular than in 2011 - 2013. The new generation of Cryptocoins 2015 and afterwards are endangered by ASICS once again, and 2018 looks to be the year of per the title "GPU mining will die in 2018!".

Keep in mind that there are possible ASICS for ethash already for Q1, and even if ETH goes POS, ETC and other ethash coins will be only ASICS and if that happens only Equihash coins will be minable for a time and I have a word that there is already an ASIC in development for Equihash already and will start delivering in Q4 2018. As GPU mining keep gets scarce, other popular coins will have pumps and so ASICS will be born for them.

I want to know your thoughts about it and I wonder the limits of --> "where, there is money to be made, there is greedy"

Keep in mind that this price crashing we are seeing is due also to the fear of ASICS for most GPU mining coins.

anyone whom believes there are or will be asic's for Ethash is a dumb fool, there will NEVER be asics for that algo or any other asic resistant algo. there called that for a reason, so if you caught word of there being such devices why don't you share the source otherwise you are just blowing smoke up everyones ass. SHOW US THE PROOF that there is going to be an asic for equihash and or ethash

ASIC-resistant != ASIC-proof. ASIC-resistance makes people err on the side of caution when wondering whether or not it is worth risking an investment to attempt development of an ASIC for that particular algorithm. ASICs can still be designed, they just may not be cost-effective or superior to general computing devices in anything other than energy-efficiency.

However, I do agree with you that without sufficient evidence, I would not believe in a competitive ASIC for ethash or equihash. (Designing an energy-efficient ASIC is less difficult than designing one that is both efficient and with the power to mine competitively with GPUs without having to produce so many units that the cost becomes far too high for the performance.)

I don't think GPU mining guaranteeing decentralization. While production of GPUs remains in the hands of more reputable companies that actually distribute their products, at the core, GPU rigs are simply less scalable, and it is definitely not impossible for people to have giant mining farms, particularly in areas with low commercial electricity rates.