Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
rs1x
on 27/07/2018, 22:02:56 UTC
Zcash difficulty took a pretty big drop today. No clue why but I’m going to enjoy it while it’s here.

There are other equihash coins - might have been a shift to one of those.

Could also be some GPU miners pulling rigs due to low profitability, or shifting to other more profitable coins.

Could also be normal "luck" variation.

I suspect it's a combination of "all of the above" though.




Agree with your points. As a conspiracy theory junkie it’s more fun to think bitmain is shutting down their units after testing , in order for them to be packaged and shipped.

Don't forget the innosilicon beasts

http://www.innosilicon.com/html/news/26.html


supposed they just did a big burn in of 1000 units and packed them for sales

that is  50,000 x 1000 = 50,000,000sols  or about 70000 1080ti's

so  70,000 x 700 = 49 million worth of 1080ti's to be replaced by about 10 million in A9's

so 49-10 = 40 million drop in the value of 50,000,000 sols of hash power

most of this is on zcash developers and not having 2 or 3 forks ready to go.

Asic resistance for any new coin is pretty simple   just start an algo/new coin with 2 to 3 forks ready for action.

well to all that jumped in on the z9 or A9 good luck.

I went to the forkers  I am mining some BTG and holding my own.

I also  am hodling: BIS and RVN

One month in and I’m a little over 4 zec mined. Let’s call it halfway to what I paid.

I suspect the next month won’t be as profitable when all the other bigger gear comes online.