Post
Topic
Board Mining (Altcoins)
Re: Bitmain launches the Z9 Equihash miner
by
heavyarms1912
on 05/05/2018, 02:24:19 UTC

That's pure speculation.  I can't predict how many people would cough up 60K for an Asic.  Certainly not me.  

I don't think GPU mining will die soon, but they will be at disadvantage for some time to come, it seems.  

Bingo.  Exactly not you or me would invest is something like that.  But if they can price an ASIC at 12k (return of 1x) why not 60k (returns are 5x) and this is the only ASIC available.
But if we owned currency that could be mined with that particular ASIC who would control the mining network?

GPUs would never be priced like that.  GPUs have a wider audience and not specific to an application.


People do mine on cells. I did. Electroneum is geared towards it also. Its heading that way for sure. I can mine LTC with "Miner Pro" on Android. It can mine tons of coins. Useless to me. A person with a warehouse of old cells however...

Those users are paid out from a pre-mined set?  Once that's over what's it for mobile mining?