BTCP (Bitcoin Private) Currently Rank #45 announced to fight the new Bitmain Equihash Miner!
https://twitter.com/bitcoinprivate/status/993509511364317190
https://twitter.com/bitcoinprivate/status/993509511364317190
Another good news, congratulations BTCP team
congratulations for what?
They are pitting GPU miners against Asic miners, in reality we should all be one community.
bitcoin private wont be in my portfolio.
Why do people to refuse to adopt better technologies? i'll never get it, only reason I see is people with money dumped into GPU's recently.
I'm tired of trying to explain, but let's go:
Devs wrote their whitepappers saying that they will be asic resistant, asic proof, they would change algo if needs
Bitmain and ALL Asics producers mined MONERO and dumped Asics to idiots because they knew of Monero FORK, look the hashrate of MONERO, it's disgusting this kind of behavior
They tried to sell used Asics as new
GPUs have 2 or 3 year warranty - Asics 180 days without refund
Not everyone can buy Asics, GPUs are easy to find and buy, everyone can join and make decentralization possible
Soon there will be only big farms with Asics, in a few hands
People like to say it's more efficient and will save energy, but remember Asics only mine one algo and when it's not profitable become a doorstep, GPUs when it's not profitable can be a part of PC gaming, office PC, and a lot of other uses
All stated above are FACTS.
I appreciate the reply and effort but that doesn't change the evolution of technology.
Roadmaps change.
If you want to blame someone, blame Bitmain, not ASIC's themselves. Also you need to provide proof that bitmain mined monero or sold used Asic's before saying what people "think".
More ASIC manufacturers would be helpful. You're also talking about the current state of ASIC's, not future, you can already see the potential in efficiency.
If you can afford a GPU mining rig, you can afford an ASIC. Unless you're mining with 1 card.
I get it, but you guys really just don't seem to have any open mindedness toward making mining more efficient and secure.
What would Bitmain have to do to make you happy? Or would the addition of say a dozen other ASIC manufacturers help?
I would like to see more ideas vs everyone just bashing each other and getting pissed so that both "groups" can benefit from the time and money they've put towards a project.
Either way, good luck to Z9 purchasers and GPU owners going forward.
Hey, are you kidding?
Look at hashrate of monero, seriously, if you just spend 1 minute on Google you will find the proof you need
When monero forked the hashrate and difficulty lowered A LOT, Asics were kicked out
So, it`s hard to explain when people choose not to see, like you.
I'm not choosing not to see.
I'm asking if you can prove in a court of law that Bitmain mined with those machines.
My answer is 99.9% no. Yet people continue to insist that they did, maybe so, I can't prove it, and neither can you.