Hello, of course GPU mining is waste of resources for original CryptoNight. But former Dero miners, which did not used Dero only for change to BTC, they are happy now. VERY happy. If You have PC with total of only 1KH/s You can easily mine something else i.e. Monero and then buy 100 CROATs every day.
The ASIC miners, which are on the croat.pool.cat are selling CROAT for very low price. They have currently 10MH/sec together, so difficulty will never drop down. But this also define current bootom price of CROAT which is about 150 Satoshi. It is a very low risk to invest into CROAT. If we will have more ASIC miners (ie. duble of current hashrate), within several weeks, then the price of CROAT will double, so everyone from the HOLDERS will be happy. Our competitors are now DERO, SUMO, BYTECOIN etc. We only need reliable pools, reliable exchange and nothing else, some PR will be needed..
CPU, GPU mining is over for CROAT. In case of switch to CN7, we will not have more than 1Euro for 1kH/s from CROAT mining. From my point of view, every ASIC miner is welcome. Every Nicehash miner is welcome. Everything which could cause rise of difficulty = rise of PRICE is GOOD. Buying of CROAT on the exchange is GOOD. Every investemnt into the CROAT is GOOD. About 15% of CROATS were premined, so nobody could make a fortune with laptop only with CROAT even after possible CN7 switch
So I see no sense to switch to CN7 now for present HOLDERS of CROAT. Again for PRESENT HOLDERS. CROAT has no miners currently. Some pools are not able to find a block during the whole day. Currently the risk of switch to CN7 is too high.
Let's count: 15M CROATs premined (DEVs, PR, charity etc), about 25M CROATs mined since 10 Months. It means that about 20M od CROATS were mined by CPU, GPU. Let's say that 2-3Milions of CROATs were mined by ASICs, since CN7 Monero switch and Electroneum CN7 switch.
Mr. Duelo invested to CROAT too much money end effort. I hope that he is reading this thread.
The finall message for present HOLDers: "Do not sell Your future, HOLD Your CROATs!"
The unknown hashrate that dero claim to be from healthy private pools has been disturbing in the community. GPU mining with dero has long passed the tipping point of electricity cost that many claim GPU mining is dead for dero. The conversation was when the total hashrate was around 20MH back in march, now the total has is 1.3GH. It became so quiet now in the community. Suddenly so peaceful, people are happy mining now???