Re: [ANN] BITTUBE | NOW LIVE | NO PREMINE | NO ICO

Hehe, the price is still $0.15 !!!! In the beginning, I mined some coins for this and then moved away to another coin which has seen the price of the latter from $0.15 to 20 times increase, But looking back here, this coin is still $0.15. I think that the main reason was due to ASIC machines.

The stupidity I read on these forum is mind bogling. There are no ASICS for the algo. Do I need to say more. The reasons for the price are different.

I'm a newbie. What is "no ASICS for the algo" and what does it mean for the future price ? Thanks MT

I think it means you cant mine with asic miners just gpu, im just simple chicken folk i dont no much

Yes normally many coins are minded with ASICS if the algo allows it., making it non-profitable for gpu miner. And here it is an algo which cannot be mined via asics.