Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9

[SchroedingerC]

I was soooooooo into zec! But suddenly appears Winzec DEV's hysterical extortion ("gimme more or wallet goes down!" ), no anti-ASIC actions from coin devs then ...
IDK if they will fork or not. But right now it looks like ZEC DEVs betrayed own community for Bitmain (and self) profit.

ASICs are dead end: diff rises constantly (so — talking about private miners — no one'll earn much more than need to pay off it's cost and no one will buy your ASICs after), no one will win except ASICs manufacturer (Bitmain mines with new devices BEFORE sell).
At that dead end only big companies with 1000..'th of ASICs will stand, all others will fall off (centralization as it is). They will own ZEC, rule ZEC, manipulate price and so on.

Decentralization, money that you can produce by your own IS THE MEANING OF CRYPTO. And ZEC lost it by now.


P.S.
despite all that... still hope

[1714684011]

1714684011

[1714684011]

1714684011

[gameboy366]

I just want to say I feel pretty deceived and betrayed by Zcashco.


Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.


Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.

Just because mining is not profitable for you doesn't mean the coin is dead. It is still sitting at #14.

[Iamtutut]

I just want to say I feel pretty deceived and betrayed by Zcashco.


Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.


Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.

Just because mining is not profitable for you doesn't mean the coin is dead. It is still sitting at #14.

#20. #14 is twice as big as zshit.

[gameboy366]

I just want to say I feel pretty deceived and betrayed by Zcashco.


Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.


Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.

Just because mining is not profitable for you doesn't mean the coin is dead. It is still sitting at #14.

#20. #14 is twice as big as zshit.

You misunderstood. I was talking about dash.

[hairysun]

Fuck Zooko and ZEC ......

[dmwardjr]

Fuck Zooko and ZEC ......

+1 Merit