Why would you not be able to mine ? You have a processor in your computer i assume ?
I'd be worried about burning out my cpu, I have only 1 machine I use for all my needs. And I'm Mac based, they tend not to make Mac mining software. I know there is a couple out there, but will it support this coin? Most likely not anytime soon.
I don't see how you asic mining helps you support guncoin. Mentioning guncoin to fellow gun users is supporting guncoin.
What I read in what you posted is "don't change, because I still want to mine guncoin for profit".
The chain needs to be mined, does it not? If no one mines, this coin goes no where period. I don't know about the other people mining, but I am dedicating my 1.5mh/s asic to Guncoin to help keep the chain running and generate coin for me. Instead of buying it, I mine it. Completely valid way to support the coin.
Also, see the Black "G" logo on the Guncoin site? I designed that and gave it free of charge to the dev team to use as they see fit in hopes it will help them get exposure and generate interest. I also have led them to one of the largest firearm sites and even linked to their site in posts on that site.
I also took a large gamble on this coin and participated in the IPCO. Why? Because I believe in the 2A aspects of this coin and want it to succede.
Be realistic. Every singe person in this thread hopes the price rises. If I wanted to mine just to become rich I'd be mining elsewhere. The 2A aspects are why I support this coin.
You know nothing about me bud. What you did is not read, you assumed...
We have been mining GUN with ASICs since we took over and understand your concern. Our motivation in potentially switching to an ASIC-resistant algorithm is NOT to hurt or hinder our miners or the coin, but to protect them all. Right now, we have a 14MH/s Hashra ASIC on GUN mining away for us and the overall GUN network hash rate runs between 30-60 MH/s. Hashra just released their 300 MH/s ASIC this week and others are doing the same. We will see 500 MH/s ASICs before the end of the year. What happens to our current miners if one or more of these start mining GUN. How about 1 miner hitting our network with 1.5 GH/s by himself?Huh Unless you buy those too, you get virtually no coins. The nice things about X11/x15/Neoscrypt etc is that it levels the playing field somewhat for miners - anyone with a computer can mine coins. Thinking long term for GUN, that is an attractive feature for newbies. They do not need special hardware to mine coins.
Now lets go down another path....Suppose a Gun Control type group with lots and lots of money gets a hold of a rack of these 300 MH/s ASICs and puts them on GUN.....Worse yet, they then dump them continually for 1-2 satoshi. This is the way to kill a coin and has already occurred with ASICs. Coin technology is changing every day and coins that stay stagnant will eventually die - that will NOT happen to GUN on our watch.
Our top priorities moving forward are to protect the coin and our users/miners (future ones as well as current ones). Staying technologically current should address these priorities. So you can take your ASICs and mine other coins, sell them on Ebay or put them in closet with our Butterfly Labs Jalapenos that used to mine BTC that are now technically obsolete. Hopefully, that answers your questions and clarifies our position. Thank you so much for mining GUN to this point, PLEASE continue to do so!!!!
Understand your points completely. If the algo has to change then it has to change. I want to support this coin and want it to succeed so I'll find away to do that somehow. I'd like to do it by mining. You need to make sure that when you do switch you can survive the drop to (i predict) zero in mining it will cause for a short while.
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