Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
by
jk_14
on 05/12/2014, 21:55:24 UTC
Not yet....


Asics are unavoidable and should be embraced as a natural evolution of a coin. ... sad.

What makes you think so?

Your fighting a losing battle by continuing to change your algo over and over once an asic is able to mine. A successful coin will never be mined by GPU and CPU only because there is value to the coin. If there is value to something, someone will create a better way to mine it which in the end helps create network security.

This is the basis of crytpo and any coin fighting it will lose eventually.



1. ASIC is cryptoworld pathology

2. Let's see how in the end the network "security" of ASIC based coins will look like:




Nakamoto's nightmare.

Bullshit, anyone can buy ASICS just like anyone can buy GPUs.




anyone can buy, but almost noone want to be a sucker, is that right? Cheesy


    “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs, and we’re going to do our best to take a decent chunk of it.”

KnCMiner has decided to stop selling to individual miners entirely. Instead, KnCMiner will continue building up its datacenters in cheap-electricity regions of the world


https://www.cryptocoinsnews.com/kncminer-ditches-customers-favor-mining-bitcoin-litecoin-themselves/


You are right: ASICs are the real bull shit