Post
Topic
Board Altcoin Discussion
Re: [2014-01-03] Alpha Technology Takes Pre-Orders for Litecoin ASIC Miners
by
Kiah07
on 10/01/2014, 22:18:19 UTC
Asics are killing these coins.  I believe that soon only majorly funded operations will be able to compete.  I feel we're in dire need of a solution.

We don't need a solution. The only solution is go convince the most people to mine themselves.

Solutions are centralized.

This is the free market and we're doing fine.

Yeah we all thought asics were a great idea for BTC too.  Now people are seeing difficulty skyrocket and even their asics are no match. 

Several million dollar budget operations will affect the difficulty so much that non million dollar budget LTC asic owners will have a hard time making roi.  It's a little more than speculation when we've seen it happen to BTC.