Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
thevictimofuktyranny
on 08/04/2018, 20:53:50 UTC
I like that the ethereum not so much in percentage as other coins and the fact that the team is constantly working on a project

If they change PoW algorithm to be more ASIC avert, then the price of ETH could rise again.

Yelp, the market is/can be very brutal on coins moving from GPUs to ASICs.

And, can be very generous on coins moving off ASICs to GPU mining.

Vertcoin - move off ASICs has paid off very nicely for investors.

Feathercoin - move off ASICs has paid off very nicely for investors.

Monacoin - is in the legendary status of a project transformed through abandoning ASICs for GPU mining.

Dash coin is an exception to this rule, but with Dash coin, they had masternodes to reduce the amount available in POW rewards with the launch of ASICs.

I would imagine, a lot of many smaller coins using Dagger-Hashimoto will switch off this algorithm with the introduction of ASICs - recently a very large Scrypt (ASIC) coin called GameCredits (it was in the Top 100 crypto-currencies) was subjected to a 51% attack that caused the network immense disruption, not to a mention huge valuation drop.