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BTCP (Bitcoin Private) Currently Rank #45 announced to fight the new Bitmain Equihash Miner!

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. Cool

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.

Ok, at the moment the Asics were kicked out the hashrate droped 30% or 40% and it`s not Asics???
You have a GREAT logic

I'm not arguing that. So much hostility around here it is unreal.

Good lawd.

hey buddy
wait a second:
1. when coin devs, in whitepaper stated that this new coin is asic resistant and they ask GPU miners to dig there sh...t coin and support them = who is to blame, without us gpu miners, coin devs still will be working in geek squad at bestbuy.
2. there is not court of law in crypto - community is judge and jury.
when you see 500MH, mining fork monero and 700MH mining monero asic - what proof you need. Please stop taking people for stupid.
3. Sh...tman business model is bad - that is why community hate them. We dont hate Nvidia or AMD, they come with new hardware every 6 months - did you see any one complain.
4. Sh..tman trys to take over crypto - is that hard to understand. They dig coins before they put equipment for sale and why:
a. because they have some new updated version of it on drawing board.
b. they sale use crap for top dollars
c. they need to let the carrot on front of some idiots and keep the crypto alive because without community - crypto is dead. and who they will sale there outdated asic or mined coins to?

I actually Lol'd at this response.

Holy unintelligence.