Post
Topic
Board Mining (Altcoins)
Re: Good bye Antminer Z9(equihash ASICS)
by
columbiamining
on 31/10/2018, 15:51:12 UTC
I really love how entitled GPU miners tend to be. You think that YOU are the one that made the coins relevant but thats total bullshit. You saw it was one of the most profitable, you hopped on the bandwagon to make a buck (not to support the specific project) and then start crying when you dont like the profits, like the devs owe you something. You get paid for mining, they dont owe you shit, get over yourselves.

Yes, because GPUs, CPUs, RAM, motherboards, routers, PDUs, and electricity all come for free. You act like miners don't have skin in the game. In exchange for offering up their equipment/time and securing a coin's network, miners are paid a very modest amount of profits. Miners have a vested interest as well as developers in the success of a coin. Often, it's a direct result of miners taking an interest in a coin that a coin realizes success.

To then have developers turn their backs (after promising ASIC resistance) is a slap in the face. GPU miners absolutely have a right to be upset if after dedicating their equipment, capital, and time, the devs discard the relationship as if miners weren't making a valuable contribution. Not to mention GPU miners often hold the coins that they mine, as opposed to warehouse-sized operations that must sell their mined coins to exchanges on a regular basis.

Until more coins switch to PoS, it just doesn't make sense to consolidate a network to a select few. Goes against the principles of crypto entirely.