Post
Topic
Board Announcements (Altcoins)
Re: [GPUC] GPU Coin | GPU sale Friday~ Get a TOXIC R9 280X for $300
by
jollyriffic
on 02/04/2014, 20:39:59 UTC
...asic only helps coins. gives them more hash power, secures the network, and overall generates more profit...
Are you nuts? If ASICs become the way of mining, then GPUs are out, and what is the point of GPUC??? Sure, they do help secure the network, but they make mining SEVERELY less profitable. Do you not understand what's happened to Bitcoin due to ASICs?

the voices in my head say i'm not nuts, so majority rules.
while gpuc is geared towards gpu only mining, you can still mine while asic miners are in the wild. it becomes harder but the easier a coin is to mine the less its worth. the majority of these posts are people upset their coins arent worth more and trying to figure out how to make it more valuble. i'm explaining why -n was a bad idea.
also by the time Script asic would hurt the market is about 1-2 years away, the majority of us will have made way more coins than we know what to do with by that time. survivability is the key here, you can't alienate miners and expect profit. would be like amazon, ebay, or some other merchant saying you can only buy from us if you're of xyz skin color. you loose a huge demographic of people that want to use the service.
the current asic out for scrypt only do 300-400kh, they are expensive, require additional hardware to run, and isn't profitable right now. there's not much to worry about as of yet.