Post
Topic
Board Beginners & Help
Re: Will all altcoins go in the way of the ASIC miner eventually?
by
bandana121
on 18/02/2018, 21:36:22 UTC
There has to be an operation willing to develop and build the chips. Many coins are far too small and always will be to justify that, though of course it depends on what algorithm they use.

I think we have more than enough evidence of the damage ASICs have done to Bitcoin for there to be many a coin developer and community who'll do anything necessary to prevent them.

So would I be right in saying due that due to ASIC miners it's not profitable anymore to mine by GPU for bitcoin or even litecoin now?