Quote from: vorpalspear on April 06, 2018, 06:09:19 PM

Quote from: warrior333 on April 06, 2018, 04:54:04 PM

Now the acquisition of asics becomes unprofitable. I think a lot of people don't understand it but soon I think they'll understand and give up this idea. Now there is a shake-up for the whole market. The profitability of mining decreased to a minimum. I have a lot of friends selling rigs. Asics is generally impossible to sell. Nobody wants them. Cryptocurrency also has fallen dramatically in price.

ASICs are a real threat to decentralized cryptocurrency. But I'm optimistic new algorithms will be developed
that will remove not only the energy advantage of ASICs, but also the cost advantage, like with the new
Bitmain ETHash miner, which again has no energy advantage, but should have a 3-4x hardware cost
advantage upon shipping in August.

I think what is also may be needed for a truly decentralized cryptocurrency is a mechanism to quickly
change the algorithm and forking before development of an ASIC is possible. A mechanism that doesn't
allow for a conspiracy behind the scenes, a mechanism that doesn't allow for (very) advanced knowledge of
what the new algorithm will be. Probably would have to be done every 3 months, like clockwork.

I want to see an x16r yescrypt hybrid. The x16r framework, but incorporating many different
yescrypt-like GPU-resistant algorithms. But I'm not sure yescrypt is truly GPU-resistant.
Maybe it is just that nobody has coded a good GPU miner for it yet.