Quote from: moonstruck on May 16, 2018, 04:53:23 PM

Quote from: gameboy366 on May 16, 2018, 04:11:42 PM

I really can't believe that luxCoin devs said that they try to remain FPGA resistant! That's awesome, respect for LuxCoin. LuxCoin devs are serious, i will visit their post soon.

Quote from: moonstruck on May 16, 2018, 03:55:27 PM

Bitcoin gold & private have an ASIC.
Monero's slightly changed algo is already being mined by FPGA.

Bitcoin Gold and private will fork soon. At current rate, FPGAs won't increase difficulty of Monero for gpu miners anytime soon.

Also I do want to pay my respect to Ethash which was really the hardest algo to make a ASIC for. Ethash bought power to GPU mining, can't really talk trash about it even if the ASIC has been developed.

'Soon'... Well let's add them to the List of GPU only Champions when they have forked perhaps? And I wouldn't go so far as to say FPGA's won't increase the difficulty of Monero, they are already increasing the difficulty of Monero... But you don't need to take my word for it, you can be surprised all over again when the hashrate drops over 50% next fork and bounces back in a matter of weeks due to quick adoptation of FPGA & ASIC.

ASIC development cycle is getting shorter and shorter and FPGA/ASIC hybrids will be the doom of GPU mining. Good riddance as it's a waste of energy to use GPU for such purpose, the main reason people want to keep GPU mining alive is because of greed as they would see their hardware become obsolete. And I'm saying that as a GPU miner.

You are looking at only one side of the story. These ASICs are necessary as they will lead to further advance in ASIC resistance algos. This is how capitalism works. It is an endless competition that leads to progress in science and technology. If more powerful ASICs are coming, then more powerful ASIC resistant Algos will come. Just like when powerful missile arrived, tank's amour also started getting thick. None of that has stopped to this day. More and more powerful missiles comes with more and more powerful tank armour. Also FPGA resistant algos can be made.