Quote from: anderl on March 06, 2014, 01:45:23 AM

Quote from: seattletu on March 06, 2014, 01:26:20 AM

Scrypt asics are coming, no doubt. I realize they probably won't push GPU mining out of the picture for many months still, BUT, I think eventually scrypt asics will make GPU mining unprofitable. My question is, which coin will GPU miners switch to? What's your best guess? It looks like VERT, but I know there are more knowledgeable people than me on this board and I would appreciate some opinions. Thanks!

Trust me scrypt ASICs will not have that much of an impact.

The first BTC ASICs were 500000 time more profitable than GPUs (KHs per $). Scrypt ASICs are only 2 times more profitable than GPUs at best. So the impact will be negligible.

They will, indeed, have an impact. But not because of the ASICs themselves. It will be because of peoples' perceptions.

There are people who seem to desperately want ASICs to arrive, thinking that they will have the same impact as ASICs for bitcoin. They will buy the ASICs without doing the math.

There are also people who desperately do not want ASICs to arrive, thinking that they will have the same impact as ASICs for bitcoin. They will switch coins thinking their profits are going to get ruined from ASICs.