Post
Topic
Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner
by
MagicSmoker
on 17/03/2018, 13:41:02 UTC
Monero (among others) are planning to change the POW algo used to calculate each block, thus there can't be a 51% attack or whatever by ASICs running the obsolete POW algo. They won't find blocks and they won't earn coins, period.

This is not the same as a chain split situation where everyone is using the same algo but someone got out of sync.

POW algo change = useless ASIC

You miss the point, obviously. Some people like to say stupid and obvious things for the sake of talking I guess.

You know, it is possible to disagree with someone on an opinion, or even point out a factual error (if made), without being an asshat.

Monero's existing network isn't going anywhere, the existing chain is going to keep existing. Ofc if you keep mining you'll keep finding coins, the chain doesn't magically stop existing because some "leaders" decided to fork. If people try to call some new chain with no hashrate Monero, they are liers.  Monero mining has been backed by trojaned machines for years, and many of those machines will NOT be updated to the PoW change.  They'll keep mining the existing change.

I'm failing to see the point of Monero changing algos if mining the old algo still generates valid coins...

This is absolutely a chain split scenario. Absolutely no chance it's a clean split
This thread is full of noobs who can't see why these miners are an interested gamble.  PoW changes don't work, monero is about to prove that.

...which I guess is your point, that it's pointless to change algos. We shall see shortly, I suppose.