Bitcoin Forum

Guys,
 this is the message from the founder of ZCASH.
 "Furthermore, it is speculated that Equihash ASICs are out in the wild, but after a community debate, Zcash founder Zooko Wilcox stated that he ‘doesn’t want to deal with this,’ suggesting ASICs for this blockchain network will not be countered and pointed out that people are free to fork the altcoin to fight ASICs while Zcash focuses on more urgent and important development issues."
 and one of the founders of ETHEREUM (VITALIK) he would like to go POS because he thinks GPU mining is bad for planet earth (hope he goes to China to see the pollution there).
Well those TWO CLOWNS forget where they come from. Lets teach them what it is "mining power / power of the community" that make them rich.  Just stop mining there crap coins, stop trading those coins / mine and support Monero or any other coins that care about you - why because they stick for YOU.

paid by bitmain, like little sluts just able to clone...

They still 'mine' 20% of every block. Why would they care who mined it and how? MOON.

I did see this. Particularly ironic given that if you went to the trouble of developing a new algo to resist asics, you'd think there would be some motivation.

But as another said, they get 20% of everything, whether it's mined by GPU, Asic, or abacus. And Butterin is on their board so one probably influenced the other or they mutually influenced each other on this.

World looks different when you're rich, I guess.

if you are weak and take mamonth for god.

" But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction.

For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs. "  1 Timothy 6:9-10

Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.” Hebrews 13:5

Luke 12:15  And he said to them, “Take care, and be on your guard against all covetousness, for one's life does not consist in the abundance of his possessions.”

Proverbs 15:27 Whoever is greedy for unjust gain troubles his own household, but he who hates bribes will live.

Matthew 6:24 “No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.

Ecclesiastes 5:10 He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity.

James 5:1-6 Come now, you rich, weep and howl for the miseries that are coming upon you. Your riches have rotted and your garments are moth-eaten. Your gold and silver have corroded, and their corrosion will be evidence against you and will eat your flesh like fire. You have laid up treasure in the last days. Behold, the wages of the laborers who mowed your fields, which you kept back by fraud, are crying out against you, and the cries of the harvesters have reached the ears of the Lord of hosts. You have lived on the earth in luxury and in self-indulgence. You have fattened your hearts in a day of slaughter. ...

I think you get the spirit :).

Of coarse people change when they get into the MONEY. but turn you back on your followers and be arrogant this is called something else - asshollness, treason etc

It is your call whether you wanted to mine the coins or not, like them turning a blind eye on ASIC mining and wanting to boycott these coins because of that particular reason, everyone is here to make the most money in a short period of time and when it is a race, it is difficult to see the sentiment values, there is nothing wrong in adapting to new machines too  ;).

Yep that's the point. Power corrupts.

Ill be switching all my rigs to monero, all my 60 nvida cards are already on raven, fuck equhash and eth

gotta show these asic companies we wont take this crap lying down

This community BitcoinTalk-altcoins-mining is not only for GPU miners - is for all the miners. obviously technology evolves and they are new, specially build machines ASICs that come and try to gain the market . but you know what - it  is the GPU miners that make coins - push them to the top. and the asic they come and profit on you back  +  the coin developers dont stick for you. that what i am talking about - F.... them. when asics come in BTC infrastructure, please look where are the GPU miners today.  who mined first block in BTC - not ASIC. all the other coins in SHA 256 DTM/peercoin etc they all suck. This will happen to all the coins of today, regardless of the algo. WHEN ASIC COMES AND YOU DONT ACT  and protect your community - YOU WILL GO DOWN. So miners PLEASE  support the GOOD PEOPLE.

I switched all my rigs to monero and will never mine any coin that will not protect me from ASICS. + the profit on monero will be better then any other coin because by hardforking they remove 80% of asic hashpower from there mining network. THIS IS F....G UNBILIVIBLE. and I believe all the other algos are infiltrated by asics as well or maybe more. What is this? - remember days when you mine .2 of BTC per day. well now is .0008 btc par day WTF.
WAKE-UP

Im with you, its monero for me even if its slightly less profitable than eth, raven devs have also stated they will protect against asics and sumo as well.  we definitely need to band together and wake up and smell the roses.

PRIVATE asics are bad, they cause centtralizaton ala the big banks we were supposed to be thumbing our noses at
when bircoin was launched, it was supposed to be fair and evenly distributed.  hard to do that when these fuckers have billions of dollars in ill gotten gains they use to coner the hash rates and refuse to share thier technology.

what these asic manufacturers need to be taught is we dont NEED asics , to mine any coin, gpus are perfectly capable and algorithms like cryptonite are quite efficient power wise if written well.

every dev should fucking for, just to see what the asic percentage is on thier network.  Zclassic is not premined and zencash, i bet they are looking into this

how can i mine monero with 1080 ti's? after reading that, I'm done with Zcash.  I guess I could use MPH and autoconvert to monero, because I'm now only gonna support coins that support us GPU miners

Nothing wrong with asics at all. It's just when one company owns 95 percent of asics. Making 4 billion a year. Dumping asics on the market like dash making zero profits for asic buyers, giving their "friends early access to asics".

Bitmain been eating stakes, lobsters, coke and hookers every night. Leaving everyone else with little crumbs. Enough is enough.

You guys had the chance to fork Sia to teach bitmain a lesson. But you all refused. Let this be your punishment.

1080ti is more profitable mining raven x16, its double the profit of eth for a single 1080ti
x16r is asic resistant too

Yeah i will do that, i'm pulling off of zcash now

Marvin you are my hero - i couldn't explain it better. People please look at antpool- bitman official pool, I guaranty you all those coins are mine by asics.
Miners mine/dig what ever you like but stay away from coins that don't stick for you.
and to all the devs  be nice to miners and care for usl  - if not go and see bitmantech and ask them to mine your coins / and leave this forum.
Remember DECENTRALIZATION = INDEPENDENT MINERS FROM ALLOVER THE WORLD

With all of you on this. Not supporting coins whose devs surrender to shitmain. Seen enough from the scumbags to never want to be affiliated with anything they get their greedy grubby hands on... whether SIA, BTC, BCH, whatever. For them to mine secretly on monero for several months and then try to dump their soon to be obsolete ASICs on the average person who can't be a part of the ASIC game it just a typical example.

Or the whole Bitcoin Cash debacle... wasn't enough that they controlled and centralized BTC... anything to get their hands on more money. Remember Antbleed and ASIC Boost? The SIA thing was low too. But that's what SIA devs get for trying to be open and honest about their ASIC intentions in the crypto space... getting blindsided in the middle of the night by Bitmain on a low market cap coin at that, not to make money, but to screw SIA and their Obelisks for trying to get in the mining game, not to mention all the honest folks that prepaid for Obelisks to try and support SIA's growth and infrastructure.

It's time to take a stand and say no more. If crypto is to be for the average person we have to support projects that are targeted towards and profit the average person, not projects that make the rich richer. I'm very disappointed with ZEC and ETH... as far as I'm concerned they've betrayed the original intent of their projects. That said, my energy, funds, and efforts will be behind XMR, VTC, RVN, and the other projects who stay true to an anti-asic/decentralized vision.

And as for all of you that beg to be fed from the literally used, half-eaten scraps that fall from Bitmain's table... anything for an extra dollar right?

can you provide us with link, sir?

im with monero now. the hashrate drop like 80%. and i think 70% of that is asics.
its very disaster backthere. no chance for GPU mining.
1,2 Gh/s drop to.. I think its only 200mh/s now.

I'm sure the zcash community will miss the few pissants in this thread that are switching their mining to something else.  Does that mean you also don't use bitcoin because it uses ASICs?  Newsflash, this is the altcoin mining subforum, not the gpu forum.  There is no need to start a new post every time a major developer of a coin doesn't want to dedicate resources to changing an algorithm.  And what do you mean these 2 clowns forget where they came from?  Am I missing something?  Were these guys major stockholders in nvidia and amd?

More like 70% of that is botnets and hacked servers that are still trying to mine the old algo.

Yet literally 2 companies own 100% of the GPU market, with 1 of those companies owning 70% of the market share........  What is your point? 

we should ask bitcointalk to open different channel "GPU mining" with no access to ASICS.
 As far as i am concerned, ASIC should have they own forum - with coin promotions, program writers, pool operators etc..
this one it will be only for us, GPU miners, programmers (SP_, claymore, DSTM,XMRstak and all others.
Pool holders OCminer - come on,  and if ever any smart coin developer will have any interesting coin, he could present to us here and we will make a decision, same as today, by looking into altcoins GPU announcements etc.

To MRSMOKER
 I believe monero will be bad for few days, until diff will normalize. but after should be good - i am not specialist (only miner like you, maybe with more experience)

To Nuammy
Please go to ASIC forum. for sure you will be super popular there.

PS i am also mining monero now , high diff block times/ in the range of 2h vs 2min before. no profit - but i dont care, it is for GOOD overall. i could go and mine - like a traitor any other pro asic coin - but NO. this ends today -no more.
also Nsummy "Yet literally 2 companies own 100% of the GPU market, with 1 of those companies owning 70% of the market share........  What is your point?"
 THOSE 2 COMPANIES DONT MINE ANY COINS - GET IT.

Gpus are the most affordable super computer and most widely available in the the world unlike asics. Even in a 3rd world small country you can buy gpu from a retail shop but getting your hands on an asic is not easy for everyone. So this truly adds to decentralisation.

I 100% agree!

My 1080 rig is still on LUX however I have a spare 1080 I'm thinking about mining Monero with.  Screw these ASIC twats and their defenders can go get stuffed too.

best postvI have read in weeks

Oh man...
One thing that I know, we can't deny changes and innovation, we can stick or follow. Decisions are yours.  ;)

I also GPU miner, for honest, am doing this for profit. As we know, Crypto was full of innovation. And I didn't stick to one coin only. So, I don't really care about ASIC expanding.

+1 - very very good point

Well said and put.

in a world where centralised fractional reserve banking has wrecked all countries with a handful of subhuman bipods controlling the creation of the currency we use, crypto offers a decentralised people power monetary mechanism that left unchecked is turning into the same centralised controlled faux system like the current fiat.

I was screaming from rooftops when BTC futures were introduced in the CME and now all see why, go to the btc price graph and see what happened just after Christmas when the subhuman filth could deploy their neverfailed trick of printing endless fiat money and using it to short sell the BTC futures thus driving the price down and down and down, be aware that these enemies of humanity can drive the price of BTC to 0 in an instant with a market sell equal to the buyers orderbook, I have seen similar action repeatedly over years perpetrated in the precious metals markets especially silver where they market order sell 3 years of silver production in 2 seconds using paper derivative contracts that represent a promise to promise to buy/sell

BTC has been compromised and that's that, there is no coming back, the real problem is that all other cryptos (except ETH LTC BCH) must go through BTC to become fiat so we can pay our bills, this must change where major cryptos like Monero etc should be traded to fiat as standalone and not via BTC.

Be aware that the current fiat $ Ponzi scheme is destined and intended to collapse, as it always has in tested history across all nations, leaving cryptos as a viable alternative so all the actions you see now is the same filth trying to capture and control the crypto market via BTC in preparation.

We started a community pooled project to increase efficiency, mining speed, and utilities for small to medium size VEGA GPU miners in an active attempt to counter asic mining and level the playing field. Our first piece of software is currently under construction to be released in 3-4 weeks, with new Vega Blockchain drivers on the drawing board.
That's what we are doing instead of sitting in the corner and crying.

https://vegatoken.org/
official launch to be announced on Bitcointalk at the time of first  software release

smash the central banking filth
 

Iam new to  Mining , How much it will cost for  Nvidia mining PC ?

Initial mining of BTC was done with CPUs, not GPUs. GPUs and, briefly, FPGAs came later before ASICs took over.

You can also mine Intensecoin! I switched all my 21 rigs on him.

This is what happens when you forget who helped you.  Ethereum GPU mining was already going to end some day but it's interesting to see Zooko say he doesn't want to deal with it.  I wonder what more important matters he is facing other than the continued support of those that helped him get where he is?

No matter mining Zcash by using asic miners or GPU miner, their team still get 20% block reward, I think that's why they dont care about it.

Just to let you know fellow miners - the total hashrate o monero going down from 1300mh to 188mh and is still falling. I assume it will be at 100mh after 720 blocks got mined from the day hardfork happend. AS YOU CAN SEE 95% of total monero hashrate before hardfork was ASIC. I belive The same is for all other big cryptos.
NOW YOU KNOW WHY YOU DIDN'T MAKE MONEY SINCE DECEMBER. And crypto price is going down since then as well. Because when You mine you trade for BTC  or you keep the coins you mined, Bitman on the other hand change everything to Bitcoin Cash.
Other then that I really would ask a question to Roger Ver. - Roger - WTF , when blockchain coin network is controlled in 95% by same group  - this is not Decentralized / why you support Bitcoin Cash.

I'm down I already switched weeks ago here's the huge problem with asics besides they only care about money is unless your a big miner or have connections you get get your hands on a new miner to make some coins by the time I or a normal miner sees it it's been paid for 3 months in advance so bitmain can you it in their farm then they blow the dust out just as the difficulty sky rockets than ship to you FUCK BITMAIN

He can totally say that with no trouble, it's not like there are at least 3-4 superior projects based on the algorithm that will maintain ASIC-ressistance and are more profitable to mine, it's not like the guy is taking a 20% of al- ...what?

#FuckZcashToDeath
#EthereumIsProChildPorn

Calling for a boycott won't accomplish much. Trying to throw your weight around because you have some computer hardware doesn't really seem like an idea many people would follow.

This is just like when Bitcoin had ASICs designed for it. It is an inevitable conclusion, and perhaps the coins you mentioned will have market cap drop because of their decisions when GPU miners need to mine elsewhere to try and get ROI after getting beat out by ASICs.

This is why you should understand the risks of mining and difficulty rising.

This thread is pretty juicy and raises some valid points. I for one am a convert and now support MONERO completely. I honestly feel like ETH or ZCASH are simply too lazy to fork when the changes to the algos are already laid out to them. Just check the github pages, there have been lots of proposals for minor code changes. All they need to do is simply merge the proposal into the main code. How hard is it to hire a guy who will review code? They're f-ing billionaires already...

if you believe in all asics and no gpus you are mistaken

gpus allow  as much 1billion miners .

 as 1 billion pcs with a decent graphics card will eventually exist.

to shut that out  is bad business.

why make a billion customers located world wide go buy buy?

Al-gore-rythms can be forked every 2 months if need be  that would stop asics.

read my signature and you will understand why all asic world = fail

Totally right about technological advance in hardware. use to mine with r9 290 then r9 390 then rx, than 1080ti, titans etc. but companies making them:
1. didn mine cryptocurrency,
2. mine secretly before sale hardware to public.
you see this is called - dishonesty.
also coin developers that "scream" there coins are decentralized, private, community based etc. should look them self in the mirror, because they are also f...n crooks.
history always repeat it self. BTC was mined with cpu , gpu then asic came and we where to naive to see bad. well the bad is called centralized just like bitcoin cash. 90% of mining power comes from 1 location - how you know if it is even truth .they may invent coins blocks - exactly like print money in fiat, environment they control over 50% of the network.
ALL OF YOU HERO AND LEGENDARY MEMBERS IN THIS FORUM SHOULD LOOK YOUR SELF IN THE MIRROR TOO.
BECAUSE CRYPTO SHOULD NOT BE WHAT IT IS TODAY.
IF ANY ONE who SHOULD PROTECT THE IDEAS IS YOU - because PEOPLE LISSENT TO YOU.
new rules and regulations, first class flight for crypto conferences, lambos and show offs. this put us on the radar - and make crypto label  - tax evasion and money laundering etc..
we where all good before. cryptocurrency is not like the banks - and should be decentralize, not gouvs controlled with few exchanges, all incognito. 
SO BEFORE IS TO LATE - LETS GO BACK TO THE CORE - because for sure SANTOCHI does not like this.

Well that escalated quickly..

Anyway, it seems like us miners can't get a break. ETH value has tanked and those who weren't able to sell at the highs are now forced to hodl. No shitmain has released an ASIC and is hiding more powerful ASICs but ETH devs don't give a shit. To add to that, electricity cost at where i'm mining at is about to increase. What now. Lol.

"Anyway, it seems like us miners can't get a break"
I think we just did, it is called monero. they where not the first, but by far most important - this changed a lot and the big coins clowns are thinking now. remember we are all community - and this is all community based environment/ project. is not grandma, police officer or a stockbroker environment. if you loose your consumer base - you are done.

Yeah sumokoin and monero are good options for us

+ ravencoin
those are the projects we should support. remember we are miners, we like to be anonymous and our community is strong. please dont respect the one who is not respecting you. and stick together.

https://imgur.com/a/usdfo
https://imgur.com/a/RgqEv

''Were you raped as a child? Was it filmed? We at Ethereum HQ think that the video not only should be legal to posess, but it's a moral good for pedophiles to masturbate to your rape''

He deleted the tweets, and I stopped mining Eth.

Bitmain = Butterfly labs 2.0

Whatever his reasons is, i think he got some point too but i really don't care though. Why he's bothered with those two people they were just a creator and you can't do anything about of what they like and they just created. It's just like you are trying to change what does Satoshi did to Bitcoin but Satoshi does gone already and i think this is what happen too to him that's why he hides forever.

I tell you one thing that made me laugh with satisfaction--when a few places ran articles showing Bitmain selling their cryptonight ASICs "Buy 1 get 4 free". LMAO. Hopefully no one bites and we see buy 1 get 8 free.

Sure would be nice to see that for the new E3s. I guess we can dream.