Post
Topic
Board Mining (Altcoins)
Re: who bought bitmain Z9 will face a big issues now
by
practicaltexan
on 14/05/2018, 02:08:45 UTC
GPU miners are like the banks and corps that need govt bailout because their business model is trash

whine whine welfare, protect only my marxist interests and block others from joining the markets..
 Tongue

Lol ... You have no concept of what decentralization means.

decentralizing isn't people hoarding hundreds of video cards - -this can be the solution to the centralization of hoarding GPUs

You have a weird idea of a solution to hoarding GPU's....by making ASIC's made by 1 - 3 companies, who also own the largest mining pools, of which those who can afford the high entry point $1500-$2000 minimum for one machine.  That leaves a small number of individuals/corporations.

I have 2 ASIC's and 2 GPU rigs and the ROI on each is night and day.   You need volume with ASIC's to be profitable.  ASIC's are like the amazon and walmarts.   It is about quantity.  I'm not saying you can't be profitable with ASIC's and those who by 1st generations are generally those who ROI on the ASIC's.

GPU is decentralized because pretty much anyone can get into the game with 1 GPU and scale up over time.  With ASIC's....you literally have all your coins in 1 basket and if that coin is forked, well you are forked too.