Post
Topic
Board Mining (Altcoins)
Re: NEW EthereumPoW
by
kinkajou
on 05/09/2022, 19:49:04 UTC
Why are gpu miners trying to keep ethash alive? This is a loosing battle since asic devices are already up to 5x times more efficient.
At the moment it is still a transition phase for ethash asics but gpus are on the loosing end.
Once asics saturate any given ethash algo its over for gpus to compete.


It makes absolutely no sense as a gpu miner to support ethash anymore.


We need to switch to the next best asic resistant or better yet asic neutral algo.

Progpow algo is the closest to asic neutrality people came up with so, yes, it makes truly the most sense for gpu miners to support this algorithm.


It boggles my mind how short sighted you gpu miners are ... you guys actually shoot in your own foot and pretend it is ok supporting eg. ETHW



This. If we are so worried about centralization from PoS why are we not concerned about centralization from ASICs?

ProgPoW would be the best solution for decentralization and would benefit the GPU miners more than any other algo due to the difficulty of building ASICs/FPGA Bitstreams that would give specialized hardware an unfair efficiency advantage.

It boggles my mind how many GPU miners are set on working against their own interests because they read some FUD about ProgPoW and run with that instead of thinking critically as to why exactly ProgPoW consumes more power and why it was created in the first place.