Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zettelkasten - ZETTEL, coin with new hashalgo - CPU-mineable (for a while)
by
SpinningTruth
on 23/04/2018, 21:23:04 UTC
No, I will never provide a GPU miner, since it will only further consolidate mining into even fewer hands.

Regarding pool: The Spread-Mechanism makes pool-operation difficult, so don't expect my help there either.

My goal is to extend the CPU-mining-phase as long as possible. Maybe even indefinitely (which will require hash algo updates).

More infos soon.

And thanks to the guy that made that recent 20 Zettel donation!
Thank you for this!  I'm planning my own coin project (not soon, but eventually -- I've got a lot to learn!) and have settled on CPU-only mining as a requirement.  The great thing about CPU mining is that it locks out the vast majority of "professional" miners who couldn't care less about the project and its future.  They are the ones who only care about mining a high profit coin today and quickly dumping the coin on an exchange.

One of the advantages of PoW is that mining naturally expands the user base of the coin.  GPU/ASIC/FPGA mining squeezes out CPU miners and holders alike in favor of far fewer players with less commitment to the project.  

I have to agree with you; the moment a compatible ASIC or even a GPU miner(*) is built, fork the project!

(*)Edit: I guess it's pointless to fork upon the arrival of a GPU miner; they can just recompile as well.  But, for an ASIC, it's way, way, WAY, more expensive.  And that's without considering the ASIC hardware already built!