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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bcrypto on January 05, 2014, 09:36:19 PM



Title: SHA 256, Scrypt, what next when ASICs take over?
Post by: bcrypto on January 05, 2014, 09:36:19 PM
Hi all,

I was wondering where we would aim our GPU hashing power to once ASICs hit the Scrypt market. Will a new ASIC resistant algoritm be created?


Title: Re: SHA 256, Scrypt, what next when ASICs take over?
Post by: Kluge on January 05, 2014, 09:39:13 PM
No, because Scrypt is ASIC-resistant. It isn't resistant because ASICs weren't already out for it, but because it's difficult to create an efficient, low-cost ASIC for Scrypt. Just check out the price and specs of pre-orders on potential vaporware right now. Even with all that risk, they're still more expensive than GPU mining.