Quote from: dmwardjr on August 22, 2018, 08:50:12 AM

Quote from: TheHas on August 22, 2018, 08:47:21 AM

Quote from: dmwardjr on August 22, 2018, 08:37:11 AM

The difference is GPU miners are not competing against the damn manufacturers. Whereas hobby and 250+ ASIC miners are competing against the damn manufacturer. It's just a matter of time and ZEC will be the same as Bitcoin in regards to ASIC mining.

I know you hate ASIC miners, so I'm just going to leave this link here: https://asicminer.co/shop/asicminer-zeon-180000-sols

For the low low price of $20,000 USD, you can get a 180,000 sols Asic Miner that at current difficulty, will get you ten Zencash a day! A ROI of about six months!.... Well, at least until the market is flooded with Asic Miners like this, or a better one comes out next month Wink

LOL....

Yeah... sure... we can get HEEPS of people to invest in that. Like everyone can go to their pickle jar and dig out $20k to drop on an ASIC.

You proved my point exactly!

Now how did that manage to bring more and/or encourage more to come to the project and invest equity into the project? Or become missionaries for the project?

TRUTH: IT DIDN"T...

With GPU's, one can get involved by mining with a GPU they already have in a desktop; a cheap used one off ebay; from an old desktop collecting dust in the storage room. You name it and people can find a way to get involved cheaply with mining WITHOUT ASIC's. It would draw more people because they would actually be able to AFFORD to get involved. THEN [Through experience] they begin to understand crypto more; the project more and spread the word even more.

GOT IT?

Bottom Line:

ASIC's have slowed down the growth and adoption of Bitcoin. Just as it will slow down the growth and adoption of any other Proof of Work coin that opens its arms to ASIC's.

The developers/supporters of Monero understand and know this FACT and have resolved to fight against ASIC's. ZEN should do the same. ZEN has a LOT of potential and I don't want to see it led astray by BIG ASIC players with money. Cause if they are led astray and open their arms to ASIC's, then the hell with ZEN and any other coin that does the same. I will only support coins that will support a LARGE community of COMMON folk rather than a small community of BIG players with money.

Remember, crypto should be about the SMALL folk; the unbanked; the other 6 billion in the world who have been forgotten.

THERE IS STRENGTH IN NUMBERS OF PEOPLE; NOT IN THE DAMN HASH RATE OF AN INDIVIDUAL AND/OR COMPANY OF ASIC's.

YOU WANT PEOPLE AND A LOT OF THEM? THEN GET RID OF ASIC's AND ALLOW MORE TO GET INVOLVED AFFORDABLY WITHOUT HAVING TO GET A LOAN FOR AN ASIC OR HAVING TO BEG THEIR GOVERNMENT TO ALLOW ASIC's; WHILE COMPETING AGAINST THE MANUFACTURER THE ENTIRE TIME.

If ZEN developers and founders want us to catch the crumbs (10%) from the BIG table by making us COMMON folk divide up those crumbs (10%) from running secure nodes, while offering BIG players a seat at the BIG table with their BIG money to make the BIG bucks (70%) mining with ASIC's and push out the SMALL/FORGOTTEN ones (the other 6 billion) to compete over crumbs (10%) with secure nodes; then they can keep their damn coin. I want know part of it! I'll support a coin who actually gives a damn about us COMMON folk and the other 6 billion unbanked people in the world.

I have no problem with people making money. What I have a problem with is fixing the game to make it hard for the small guy to make a decent amount of money and try to get ahead. I have a problem with fixing the game to make the rich richer by squeezing out MEANINGFUL opportunities for the not so fortunate folk.

I'm not asking for a damn handout either! I don't want a hand out. I simply want us all to have the same equal opportunity. That cannot occur with ASIC's. Mainly because of the manufacturers who make them and mine with them; the prices they charge everyone else for them and the governments who ban them.

GOT IT?

ZEN has a damn good opportunity here to tell the entire GPU community, "We have your back and agree with your ambition for decentralized mining and growing the community." I only hope they don't muck it up this opportunity. The longer they wait to do something about ASIC's/FPGA's, the more they are hurting GPU miners while assisting ASIC manufacturers.

Your damned if you do damned if you don't.......Can you imagine if the majority of block rewards went to Masternodes you would literally have the opposite problem people would hoards coins the value of coins would skyrocket no one would sell and the the little people ponce again could not afford the coins just like with Asics dominated BTC.