Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
sonoIO
on 14/08/2014, 18:44:39 UTC

Quote
...Monero just has to steep curve to be properly distributed without large mining-marketing campain... Monero will spend large amount of life in time period that is skeptical to cryprocurrencies - which will affect its distribution to extent that will not reach satisfactory nettwork effect imo. ... Further, XMR will not have army of GPU miners to come to support it in the near future, and BBR just might

Your argument seems to be that buyers will be few, so GPU miners are needed to increase dispersion.  I question whether GPU mining promotes dispersion more than CPU mining.  In fact I think the opposite is likely true.  Moreover, GPU mining has generally been more profitable in XMR than in BBR.  I think these points refute your argument.  Please correct my error.


I argue that among enthusiast miners there are much more that GPU mine than CPU mine, simply because of fact that most other algos are mined by GPUs. I agree that CPU mining has larger potential, but not without marketing of mining, and i do not see that for XMR. About profitability of GPU mining XMR, sure - because XMR stands at 12x larger price than BBR, but exactly because that i feel that in the next episode BBR price might increase more than XMR. We will see