Post
Topic
Board Mining (Altcoins)
Re: Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9
by
dmwardjr
on 17/05/2018, 00:55:03 UTC
winning arguments by ignoring them.. .classic

Seeing pictures of those 10000+ GPU nightmares doesn't instill visions of decentralization, quite the opposite actually. Are any of those distributors limiting the selling of 10000 GPU to one entity, yeah probably not. Have people seen the pool ratios on suprnova for RVN, ZEN, ZEC? Several 1000 GPU farms going on there.

I'm not necessary for or against GPU or ASIC, but I'm not going to ignore GPU hoarding like fanatic26 and pretend GPU are any better. Whenever that argument gets brought it's conveniently ignored.. .

Let me share a post in another forum on another website by user, Lisfin:

GPUs are WAY more available to get then ASICs. To say GPUs are currently hard to get is incorrect. Sure there was a month or 2 when they were overpriced, that was due to the high demand when they had a ROI of 90 days.

Even then you could still buy a smaller graphics card, they were not ALL sold out. The 1070/1080 TIs were the hard ones to get, other models were more available.

What advantage would we have if everyone moved to ASICs? It would just raise the current bar for everyone, reduce us to one supplier of hardware, and starts a arms race. Atleast with GPUs we are all on a level playing field without having to worry someone will have a GPU that does x100 the hashrate for 1/10th the power. All the hardware is relatively close to each other in terms of performance, keeping the difficulty from ramping up x10-x100.

ASICs dont save power, they dont make the network more secure, they are limited in availability, only have 3 to 6 month warrantys, run loud and hot, manufacturers keep a large number of the them for themselves and keep secret other rigs that are far better then sell them as new later while replacing them with new hardware, etc...

This is suppose to be a ASIC resistant coin, why dont you ASIC people go mine other ASIC coins available. Ohhhh ya thats right, you cant make your money back off them ASIC coins anymore because of the difficulty have ramped up so much. So you want to come and ruin Zcash’s difficulty with ASICs to make a quick buck and act like its the future of mining.

Please people, you have your ASIC coins, we have our GPU coins. Clearly yours are not working because here you are…trying to get in over here because the profits are gone from your ASIC coins.


Even if there are people/groups with large pockets who can buy large quantities of GPU's, it does NOT mean THERE WILL BE ONE BIG GROUP WHO CAN CONTROL AS MUCH AS 50+ PERCENT OF THE HASHING POWER.

With ASIC's, not only do you have that threat from those same people/groups with big money but ALSO THE MANUFACTURER(s).  We don't have that threat {at least not yet} of NVIDIA and AMD doing what BITMAIN does with their hardware.