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July 24, 2017, 04:49:15 PM |
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There are only 2 Truly ASIC proof coins, which will never be able to be mined with ASIC's. Well for a part of the Coin's mining. Those are Gridcoin and Curecoin. Both have part of the mining rewards going to people using their GPU's and CPU to do work on the @home and BOINC projects. Both of which will never just be a simple algorithm that can be turned into an ASIC.
Most if not all the other coins are either have ASIC's already available for their algorithm, or are algorithms that there isn't enough money to be made to have someone create an ASIC for it yet. But trust me, add a pile of money to any of the other coins, and someone will make an ASIC for it.
Cryptocurrencies in their most basic nature are supposed to be so everyone has control. But in reality, everything is controlled by greed. Everyone wants a bigger piece of the pie, but the pie itself never gets bigger, it only gets smaller over time. If there is good money in any non-ASIC coin, you can bet there will be miners with hundreds if not thousands of GPU's jumping in to strip mine every bit of profit out of it. Someone with 1-2 GPU's really doesn't need to worry about looking for coins that might be ASIC resistant. What you really need to be watching for are coins where not many are mining (lower price), then hoping someone pumps the coin at a much later date when you have a bunch of coins stored up.
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