If your network is ASIC resistant you need to worry about being prone to GPU miners that have huge hash rates. If you are GPU mined like the majority of at least the minor alts you have a much larger pool of potential adversaries. That's the point I'm trying to make.
It is also worth noting that one tends to underestimate the scale of GPU mining operations. Those are commercial operations buying GPUs wholesale. Mining has become an uphill battle for the hobbyist ever since it turned into an industry, no matter if we're talking about GPU or ASIC mining.
That being said, I'm fully with you that the large upside of GPUs is that they are easier acquired by regular people. I honestly wish that ASICs would also be as accessible.
Hello
I don't think most people understand how SERIOUS this is.
This is about ONE company, BITMAIN, yeah there is innosilicon right, which is owned by bitmain i'm pretty sure.
they have a kill switch embedded inside the miners, the miner calls home every time and if you block this, the miner will not start, i know, i've tested it.
one company owns ALL of the hashrate for every algorithm. really you don't see it as something dangerous?
GPUs are general purpose computation devices, it can programmed by anyone, it can be installed by anyone.
ASICS are not, only bitmain can design, build and program, why? because even if you design the solution in a FPGA you cannot create 100 asics for you, or 1000 no one will produce it, you need to order 100.000 or MORE, specially if you want to use 14nm or better technology, you need to order more than a Million chips minimum.
the problem is not WHO mine with it
the problem is that BITMAINS owns the status quo for the ENTIRE MINING OPERATION IN THE WORLD
that's WHY asic are so dangerous.
and ZCASH community doesn't see it, I can't believe it, unless, someone pays enough ppl to look the other way , which is possible, but i have no proof of that, just a thought.
cheers
indkt.