Bitcoin Forum

Bitcoin => Hardware => Topic started by: gogxmagog on April 07, 2013, 11:15:03 PM



Title: ASIC only mining pools?
Post by: gogxmagog on April 07, 2013, 11:15:03 PM
I know that there aren't enough ASICs out there to warrant it yet, but has anyone discussed the possibility of creating mining pools for ASIC miners only? Would it be a good idea or is it not necessary?
I've got a BFL on order and I am trying to figure out my best options for maximizing its value.


Title: Re: ASIC only mining pools?
Post by: yxt on April 07, 2013, 11:22:52 PM
BFL... no hurry to figure that out....  :D


Title: Re: ASIC only mining pools?
Post by: gogxmagog on April 08, 2013, 06:11:27 PM
I guess what I am inquiring about is whether it is good for the BTC economy in general to have exclusively asic mining guilds? ASIC only guilds would monopolize mining, which might be nice for asic owners in the short run, but might damage the overall worth and appeal of btc. certainly would taint the idea of decentralized, democratic, currency controlled by no ruling body. IDK.
Of course, when ASICS are out there, most likely only asic miners will be able to survive in the mining market, so maybe my question is moot. and yes, I have time to think... I would like to see discussion on these ideas so I can actually make an informed decision when (and if) the day comes, so I don't simply act on my own greed and wipe the rest of you GPU guys right out of the economy. That would for sure hurt us all.
Any thoughts here guys? (besides snarky come-backs about BFL's supposed crookedness and more apparent unreliability)


Title: Re: ASIC only mining pools?
Post by: ShadesOfMarble on April 08, 2013, 08:49:51 PM
What's so special about ASICs they need an own pool?