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How so? ASIC mining has not helped the value of LTC at all. I realize that all coins have lost value in the last 6 months or so, but if you look at Vertcoin (VTC) its loss has been less than some of the other coins. I think that's because Vertcoin is ASIC resistant and the little miners are keeping that coin afloat. If ASICS comes to DMD in a big way, it will hurt the value of the coin in the long term.
i think u missunderstand something here
diamond are mined via groestl algo and without asics
BUT people who have asic equipment and cant mine diamonds (because only GPU/CPU can mine groestl algo)
can use our http://multipool.bit.diamonds/ to get rewarded with DMD for their mining
this is the way asic mining we talking about
(gpu miners can use that multipool too to abuse it when some x1x algo have a good reward ratio
i always switch my GPUs between direct dmd mining and multipool mining whatever provide me more diamonds for my invested electricity)
and this was the success-street of BC who first used coin converting multipools as a tool of creating exchange buy demand
there is nothing wrong with copy that idea
but the impact depends on the hashrate on http://multipool.bit.diamonds/
but its pretty good and stable increasing so i see a bright future for it
and regarding groestl algo asics its just a matter of success
if our plans will be successful sure in a year or two groestl asics will be reality
but until that happens u have plenty of time dig for dimonds with ur GPUs
