Quote from: moonstruck on May 04, 2018, 11:18:56 AM

Quote from: cvsea on May 04, 2018, 11:04:16 AM

It doesn't really matter if the equihash coins fork or not.
In the long run we are all fucked. By all I mean small to medium mining operation owners.
As long as there is serious money in the game do you really think that the powers that be will let us regular folk have our share?
This leaves me wondering what in the hell are we trying to accomplish with crypto currencies anyway.
"Decentralized" is just another nice sounding word, same as democracy. It's a dream, an illusion.

One thing is clear: zcash was launched with an ASIC resistant ideology. Now zcash says it didn't mean that.
What changed? MONEY

The rest is just noise.

Sad but true.
It appears we ended up with 1 company mostly controlling the hardware for mining most minable relevant coins.
Besides that it mines a huge portion of the coins that are minable with their own hardware.

It appears the centuries old saying is just as true today: "When there's a gold rush, sell picks and shovels".

And buy faster diggers. Same reason mining operations (crypto to gemstone) buy high end gear, and make up profits by more accumulation/distribution.