Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
Marvell2
on 28/07/2018, 02:00:02 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

I went with A9 and Z9 route and sold my Furys and 1070 Minis, only kept 60 1080 Tis. 2 A9s and 4 Z9s replaced my hash at probably 1/4 or less electricity I was using before. All are mining to a single address. All has been mining for about 2 weeks except for 1st A9 which is mining since July 9. So far all 6 have mined 43.53619192 ZECs or 60% of total invested. I am very optimistic that these will recoup initial investment in a month or two and then mine profitably at least till the end of the year.


good business move so far. I just could not buy into  z cash asics  due to the choice made by the developer he simply folded and did not try at least 1 fork.

I am down to very little gear on the gpu end.
I mostly have btc miners and some ltc miners  with  a handful of gpus. 12x 1080ti's
Im with phill, Im done feeding the asic pig, just because one miner of the 6 they released this year (bitmain) is profitable does not give them a pass.  I might but. from inno or baikal but never another bitmain toaster