This product for games is not specifically for miners. if you are looking to mine, please use ASIC or FPGA.
Exactly that's the point. Mining is about the average Joe being able to loan his/her hashpower profitably.
Enter ASICs and FPGA and he suddenly can't, ultimately centralizing the network(s) and thus killing the point of PoW to begin with.
Dedicated miners would be the doom of this industry. Mining *has to* be as "inefficient" as possible, else you do not have decentralization. Instead you get professionals who control the networks.
Basically any network that tries to throw FPGAs and ASICs out, get it, the rest will be centralized sooner rather than later. And we already have a far more efficient centralized coin, it's called the US Dollar.
So really dedicated miners are really just inefficient validators compared to human/machine validators used by national currencies. There is no point to them.
GPUs/CPUs are even more inefficient but they also decentralize the network so those networks don't have to compete with the Dollar (and consequently be crashed by it) to begin with.
Hi,
What on earth are you talking about?
Since when did it become an issue for a home miner to have an ASIC?
ASICS and FPGA boards have nothing to do with centralisation...
As a home pc user, if I was investing say $500 in mining "scrypt coins",
would I
a) Buy as many pc's as possible and achieve say 300KH/s using about 250 watt
b) Buy a gpu or 2, and possibly achieve say 2-3 MH/s using about 250-350 watt
C) BUY an L3 getting around 500MH/s using 500 watt
hmm, give me a second to think about that....
Does that mean I am centralising the coin, just cos I bought 1 ASIC - I think not
Stop bashing ASICS / FPGA boards, when the real issue is with professional organisation who will buy 10,000 of cpus/gpu/asic/fpga boards or whatever helps them make the most profit...they are the ones centralising crypto, they're also the ones affecting mining hardware prices, not you and I buying 1 or 2 mining devices...
Centralized network means "mining hardware producers", when you think you are buying NEW s9 from Bitmain - you are wrong, that s9 was working already at the top of currency price and then utilizing to another ppl when rentability goes to 50% from the beginning
Show Posts
