Quote from: cost82el on May 08, 2018, 02:32:07 PM

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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.

As far as decentralization goes. Asics actually help decentralization more because they are far stronger.
U should be thankful that Bitcoin isnt secured by GPUs hashrate because if it was, bitmain or another asic manufacturer alone can create enough asic, and run it for themselves and control more than 51% of hashrate.

I mean look at ZEC now, it has wat 8.1 million hashrate? Thats weak. If bitmain wanted to, they can create 900 units Z9 miners, which gives 9 million hashrate. With that, they can control ZEC. Think about it.

So all those GPU coins now, u are actually not very secure.

However, I understand that GPU holders dont want to lose money. It isnt fair nor nice. I suggest u guys cut down on GPU mining going forward. Too much risk and also, the antminer E3 is out there lol. That is the key to whacking GPU mining to crap because ETH is 60+% of GPU mining.

where did you see 8.1 million sols? is 421 MH if im correct this is 421 millions sols/s

No. It is only 8 million.

https://bitinfocharts.com/comparison/zcash-difficulty.html
The calculator on wattomine also shows around 8 million. It is not difficult to take over a gpu coin by using asics.