Bitcoin Forum

Fellow Mining Compatriots,

With every new ASIC announcement another community influencer mentions the death of GPU mining and the madness needs to stop!

Lines in the sand have been drawn between specific Cryptocurrencies and ASIC hardware manufacturers such as Bitmain. Many have specifically announced they will forever resist ASIC domination of their platform, and will achieve this with regularly scheduled hard forks among other things.

Both forms have their advantages and disadvantages of course, however GPU mining specifically is more aligned with the decentralized concept and thus a very important piece for the future, long term success and freedom Cryptocurrencies create. There are only a few countries remaining in the world without a privatized central bank dictating interest rates and enslaving citizens through automatic debt via buying their counties fiat currency at interest from the central bank. Saturation and control of Cryptos via ASIC hardware will have the same end result as fiat, and we have already witnessed glimpses of this future with Bitmain's absolute dominance of the entire industry including the creation and manipulation of Bitcoin Cash specifically.

The projects and developers who truly support the Cryptocurrency concept are becoming clearer, and more continue to take a stance against centralization via ASICs. In the near and long term future many of the coins that stand against ASICs will garner the strongest communities.

If you want a coin added/removed please provide details on the coin and how they are committed to being ASIC resistant or have been compromised.

List of GPU mineable only champions include:


- Monero
- Sumokoin
- Bitcoin Gold
- Bitcoin Private
- Bitcoin Z
- Safe Coin
- Ravencoin
- LUX
- Haven
- Pigeoncoin
- Bitcore
- Nexus
- Vertcoin
- Triton

*List updated daily

+ Ravencoin, x16r algo.. changes algo every few months.. Truly ASIC resistant  ;)

Added to the list!

I am not on either side, but you can add LUX also to the list:

+ Haven

and a few others that are on CN Heavy (you mentioned SUMO already)

Added.

We are not on a particular side necessarily as both have benefits to the system as a whole, but losing GPU mining entirely will forever negatively impact the community.

I agree 100%.

Can you add Pigeoncoin (PGN) to the list? it uses the X16S algorithm with all the characteristics needed for asic resistance!

Bitcoin gold & private have an ASIC.
Monero's slightly changed algo is already being mined by FPGA.

I really can't believe that luxCoin devs said that they try to remain FPGA resistant! That's awesome, respect for LuxCoin. LuxCoin devs are serious, i will visit their post soon.

Bitcoin Gold and private will fork soon. At current rate, FPGAs won't increase difficulty of Monero for gpu miners anytime soon.



Also I do want to pay my respect to Ethash which was really the hardest algo to make a ASIC for. Ethash bought power to GPU mining, can't really talk trash about it even if the ASIC has been developed.

I agree 100% with the need of GPU mining for the eco system to be more free and reliable. Let's keep this list going !

We cant deny that the raw computing power of GPU is still far more powerful than any other ASIC out there, however it will really depend on the algorithms that will be used and required by the blockchain. As of now even with the decline of GPU demand in crypto mining it is still profitable and it will still be in the coming years.

Added!

'Soon'... Well let's add them to the List of GPU only Champions when they have forked perhaps? And I wouldn't go so far as to say FPGA's won't increase the difficulty of Monero, they are already increasing the difficulty of Monero... But you don't need to take my word for it, you can be surprised all over again when the hashrate drops over 50% next fork and bounces back in a matter of weeks due to quick adoptation of FPGA & ASIC.

ASIC development cycle is getting shorter and shorter and FPGA/ASIC hybrids will be the doom of GPU mining. Good riddance as it's a waste of energy to use GPU for such purpose, the main reason people want to keep GPU mining alive is because of greed as they would see their hardware become obsolete. And I'm saying that as a GPU miner.

I really can't get how us GPU miners are accused of greed in an argument where the other side is the embodiment of greed.

Nexus, and bismuth maybe?

edit: i think IPBC/BitTube also forked

- Bitcoin Gold
- Bitcoin Private
- Bitcoin Z

meme coins.  8)

Amen

what algo does pickle ricks use

I am missing Bitcore on the list.
It uses the Timetravel10 algo.

Its not ever going to 'die' - just other solutions will continue to dilute the % of block rewards that are going to be taken home by GPU miners.

When they say 'die' just referring to continued downtrend in terms of btc profit vs. electricity cost.

Added Bitcore & Nexus.

Useful topic. May the tech let the GPU mining live long.

Been happily mining RVN and BTCP for a while now. Both are heavily FUD'd on social media by the larger coins they threaten but both have active groups of driven developers with a clear vision for their respective coins.

Keep an eye on ProgPOW now. Even if it's not adopted by the top dogs it's emblematic of real ingenuity and commitment to decentralization that is not going to go away.

Don't forget fog computing type stuff on the horizon for CUDAs even if ASICs took over mining.

Good observation, additional ASIC resistance measures are very beneficial for the future of decentralization. The ProgPOW is a good additional step towards this, but how will it effect the current hash rates and efficiency of GPU miners on the network?

in GPUs we trust  :D

wasn't VTC the first coin that announced ASIC Resistance and why isn't it on the list?

You are looking at only one side of the story. These ASICs are necessary as they will lead to further advance in ASIC resistance algos. This is how capitalism works. It is an endless competition that leads to progress in science and technology. If more powerful ASICs are coming, then more powerful ASIC resistant Algos will come. Just like when powerful missile arrived, tank's amour also started getting thick. None of that has stopped to this day. More and more powerful missiles comes with more and more powerful tank armour. Also FPGA resistant algos can be made. 

I really want to see ZEC in this list. And it is not good to get if you do not change the algorithm and ZEC will be produced ASICs. I support them for a long time. :(

youre right. however, im quite sure there is a lyra asic out there that just hasnt hit the market yet. keep your eyes peeled.

You're right, added Vertcoin to the list!

Vertcoin should be added. Even though, lyra ASICs have probably developed but still it doesn't matter, what matters os the stance of devs towards keeping the coin ASIC resistant and I think once the lyra ASIC becomes officially confirmed Vertcoin devs will do the required modification to keep it ASIC resistant.

The very first thing on Vertcoin's site says "ASIC Resistant Decentralization" which is exactly the stance needed.

https://vertcoin.org

DNR - Tribus Algo

I completely agree with you, but I believe the nature of ASIC cpus ( Which are in any dedicated device such as a Firewall) will eventually take over all hardware.

Have you read this?

Some hard as truth here, I don't like what it means, but there is a lot of truth.

https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

This is where you are all wrong. Here, let me explain :
ASIC advancement is necessary for ASIC resistant algos as that is what provides the motivation for developing more powerful ASIC resistant Algos. You guys think that we need one single ASIC resistant algo that will remain resistant to ASICs forever but that's not how tech works. Did they ever created an Antivirus that will stop the viruses in the world that will be made in the future ? No, that's why they keep bringing new version and models every year. When big missiles came tank's armour also started to get thicker. This hasn't stopped to this day. More powerful missile comes with more powerful tank armour. But they never come at the same time. Either powerful missile comes first or the more powerful tank armour. Similarly now we have many powerful ASICs which will be followed by more powerful ASIC resisitant algos.

The nature of Asic chips is to be flexible, dedicated and powerful. I think ASIC will kill GPU mining in any big cap coin. But I also think ASIC will be more available and amateur or home mining will be ASIC instead off GPU the same way now its GPU instead of CPU. Times move and I doubt ASIC will go anywhere.
maybe instead of Devs wasting time in fighting ASIC they could use their time to produce ASIC faster and make it mainstream. The end goal would be even better, decentralization on ASIC chips.

FPGA and ASIC must gone..
They are distribute centralized hashing power, and i am very hate ASIC manufacturer.

GPU mining always alive and make decentralized again !

- Haven
- Stellite
- Solacecoin
- Triton
- MoneroV
- Many more

How are ASICs flexible when they are only made to mine a single algo ? You sound like Bitmain's 50 cent army.

How ASICs are decentralised when only a single company produces it and mine with it for a year before releasing them to public ? Why will a for-profit company sell a money making machine ? They only sell them when there is more profit in selling them then mining with them.

Neither are ASICs widely available compared to GPUs. Many Asian countries have banned ASICs unofficially. But they can't ban GPUs. Most of the coins will switch to ASIC resistant algos in futures and it will be the trend.

Added a few. Some of the other coins mentioned didn't specifically mention their ASIC resistance or plans to combat ASICs in the future.

Mate, I do not like Bitmain at all. Im a GPU miner with a far + 250 GPUs.
That being said.

I am a professional IT Consultant with a wealth of experience in Hardware, Software, etc.

ASIC is a word that it is used WRONG in crypto mining the same way America is a continent and not a country.

Do you have a Firewall ? It has an Asic chip!
How about a Layer 3 switch? Guess what? Uses Asic.

ASIC stands for Application specific integrated chip. It doesnt f. mean ONLY FOR CRYPTO MINING. ok?

and they have been around since approx. 1980.

How are they flexible?

Because mining can be considered an application specific meaning as we discover the true power of Asic CPUs and as we move through them ( same way as FCGA is growing) we will find ways of using them in a more mainstream way, cheaper, and more effectively.

THIS change will be what will take Bitmains power away, not focusing on GPU vs ASIC. that is a stupid fight which is already lost.

So dont be a Fan boy, educate yourself, and the more we understand Asic the better we will fight Bitmain and any centralize corrupt company.

All this minable coin is the life of every miners, and the Miners is the life also of all this coin too! MY opinion is, all the developer must protect each other against the ASIC invasion that can kill both the coins and the GPU Miners..

Hopefully that will be the case....

Iridium...Can you put that on your list...

You don't know but I am doing engineering in electronics now in second year. So yes I know a thing or two about ASICs. Yes the term is used loosely here but that's how it is. You can't go explain it to everyone else and expect them to use another word, you should get the point. Now again you are only looking at one side and not the other. You statement is biased. You expect the ASICs to grow and evolve but think that algos and gpu will be still stuck in time. It doesn't matter weather you hate or like Bitmain this is just plain simple fact. You assumed that I hate Bitmain but actually I don't. It is just a phase. This is how techonolgy evolves. Again you should read my missile and tank example. You are thinking that the missile will keep getting powerful while the tank will be stuck in 1940s. More powerful ASICs= more powerful Anti-asic algos.

I agree with you that anti-asic algos will get better and I get your analogy. I just think that we will move into a phase where we will not have a gpu vs asic anymore. because Asic will be more generic.
Anyways, good argument and cool in the engineering thing, maybe you can help with this change! :)

cheers!!

hmmm ...

Interesting discussion, with a wide variety of opinions and ideas.

Very few grasp certain ideals about Crypto itself, let alone what ASIC, GPU and CPU 'opposition' really is, but that is part and parcel of this NEW industry, many of which are not very educated in. Speculators are among the worst in the field due to their limited knowledge of the tech involved, and the greed with which they posses this powerful tool they wield called ignorance.

This isn't to say that there are NOT any speculators that are educated in what Crypto 'actually' is, but the vast majority don't give a damn as long as they are filling their own pockets.

We have 5 coins of our own, one of which is completely PoS, one which has JHA Algo, and the others X11 (which we will be changing to custom algos we have created to suit each coin).

Does this mean we are against ASIC, or Pro GPU? No, not at all. In fact, we are growing our 'theFARM' with both GPU alongside ASIC miners just for the benefit of having both, as we are miners and not speculators, so we focus on what we do, rather than the hope of what will come.

Simply put, this sort of argument over what ASIC Algo is going to 'kill' GPU, and what GPU Algo is going to be ASIC resistant is almost as moot as saying the oceans will dry up tomorrow. This industry is growing at a rapid rate, and mining will ALWAYS be here in one form or another. CPU, GPU ASIC and future mining equipment (laser/quantum) will always be here mining, working, processing and doing the other things!

When you title this thread 'GPU Mining Will NEVER Die!' - you may as well add CPU, ASIC and future machines to that title too.

As for those that continue to say that one will die because of the other, that simply shows the complete ignorance they have, and if knowledgable, the arrogance they posses, nothing more.

NONE of these mining systems will die. NONE!

Take it from us (CWI) that build Algorithms, coins, mine and provide services in the CryptoIndustry. As far as we are concerned, lists such as these are useful tools and worth the effort of putting together, but will always change, and change often.

#crysx

I can't believe Chaincoin and its variants are still being overlooked, the algorithm it uses is C11 not to mention it came out the same day as Xcoin/DarkCoin/DASH did.

What is the difference between X11 and C11 algorithms you ask well here is a Quote ;)


Still going strong with no sign of FPGA/ASIC in sight thus far, home miners still have the upper hand :D

According to the recent research that I have published on my blog, I have come up with this list of 13 Best Cryptocurrencies To Mine With GPU. However, your list has become a bit outdated seems. I have made this according to the current mining profitability. Feel free to disagree.

#1. ETHEREUM (ETH)
#2. ETHEREUM CLASSIC (ETC)
#3. BITTUBE (TUBE)
#4. BITCOIN GOLD (BTG)
#5. MONERO (XMR)
#6. UBIQ (UBQ)
#7. BITCOIN DIAMOND (BCD)
#8. AION (AION)
#9. ENERGI (NRG)
#10. PIRL (PIRL)
#11. METAVERSE (ETP)
#12. EXPANSE (EXP)
#13. MUSICOIN

The op is a fan of trollcoins, your list is the real deal or extremely close to reality, the op list was a fantroll, even at that time, those trollcoins were never profitable.

XZC -Zcoin with mtp algo -stil fpga and asic resistant

Your right the number one choice in undying coins to mine is monero and also this is the best choice in cpu mining also :D

I think it is not 100%. It will take some time and asic/fpga will do this algorithm!

Check Out Ritocoin..! GPU Only..! Hodl It Tho..! Peace..! https://media.discordapp.net/attachments/538311765130215436/582584098590294027/unknown.png?width=1443&height=615

Honestly the coin is the best coin to be mine through GPU which is why I like the fact that it is  anti FPGA, anti-NiceHash and anti ASIC either but upon the coins we have in crypto sphere I don't think mining a coin which is just a copy of Raven coin will be that much profitable.

BitcoinSoV (BSoV).
It is not a Bitcoin-fork.
It is an ethereum ERC20 token that lets you mine with your GPU.
It shares the same supply, rewards and halvings as Bitcoin,
but it is deflationary, and self-destructing, just like Bomb Token. It will become scarce, eventually.
https://btcsov.com
https://bsov.info

This coin was created about 2 months ago, so it is still very very early. Check it out.
:)

This topic should be updated... it is old and now we need a new  one... especially with all the fpga and asic out.

now x16 algo is mineable with fpga. i tell x16 because all the variant are supported in fpga miner release

it remains only x21s, x25x, mtp, monero , not many coins are mineable with gpus... and the profit is very low

i know that fpga developers mine coins with their private bitstreams with secret. when an algo isnt getting enough profit they release it with dev fee and sell the bitstream with a dna license . this is evil!!!

i know some good coins that are developing truly resistance to asic and fpga.... but they arent released yet ,, still testnet


i think fpga are only destroying the market, because these fpga developers are keeping all the profits for theirselves. this means only centralization of mining

SWAP XWP use Cuckaroo29s algo almost same with GRIN a ASIC resistant coin.

Beam and grin just changed their algo and RVN is changing to fork the fpgas.

Yeah they did, profitability is the same though.

How do you fork fpgas? They can probably tweak bitstreams in a few days or in advance since the algo details are known pre-fork.