Post
Topic
Board Mining (Altcoins)
Re: Is it official that GPU mining is guaranteed to be irrelevant in 2 to 3 years?
by
WickedPigeon
on 29/08/2019, 15:49:42 UTC
GPU mining isn’t going away in the next few years.

Why - read any of the papers, minutes or developer discussions from XRD, RVN, GRIN, BEAM or dozen of other anti ASIC/Centralization crypto projects.  There are so many projects that don’t want centralization issues that they will keep forking/adjusting/changing to stop ASICs from dominating the chain.

Right now it’s a cat and mouse game - but soon the technology will be there to stop ASICs altogether. But until then coins will continue to fork to stop ASICs because no one wants centralization of power. And in the end, de-centralized tech will win.

Simple. And yes, the future maybe something other than just GPU - like some of the new algos under development that will mix CPU with GPU making current style of ASICs obsolete. Then ASICs will turn into something else and the cat and mouse will go on. BUT for the next few years, GPU mining isn’t going to die - just morph a little.