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Question: Do you want the ETHERIUM DEV. to Fork it --> Save GPU miners and stop the ASICs  (Voting closed: March 30, 2018, 09:00:53 AM)
YES - 59 (93.7%)
NO - 4 (6.3%)
Total Voters: 63

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Author Topic: VOTE : Do you want the ETHEREUM DEV. to Fork it --> Save GPU miners ?  (Read 587 times)
jmigdlc99
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March 20, 2018, 11:44:09 PM
 #21

Not surprised that everyone is voting YES. I'm trying to think of the implications of having another Ethereum fork. Will it drive the value of ETH up or down?

Anyway, forks usually mean free money so i'm still all for it.

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March 21, 2018, 12:43:05 AM
 #22

Why do you people think that ASICs are what cause centralization? This has to come from a place of complete ignorance.

NEWS FLASH: There are massive GPU farms out there, going to ASIC would just be a hardware swap, nothing would change.

I manage over 10,000 GPUs myself.

Why would anyone want to pay $5000 to build a 6 card GPU rig versus buying a $2500 ASIC?

Try using logic when posting instead of emotion.

They cause centralization because the companies making them also mine with them in secret before they release them to the public months later.

Even then, they only sell to the public to make room for their new generation of ASICs, that they will again sell to you you some months later after they have in private driven up the difficulty. Rinse and repeat.

At least with GPU's there is a level playing field, as your 10,000 GPUs are of the same generation and hashing capability as a home miner with 10 GPUs, so the only difference is scale not hardware supremacy.

Also, GPUs can be used to mine other coins and algorithms, where with ASICs once the next generation comes along the old versions become pretty much useless.

GPUs can still be used for gaming and other computing purposes, meaning that your $5000 mining rig example will be useful 12 months down the road, where your $2500 ASIC is basically a paperweight.
Goool (OP)
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March 28, 2018, 09:38:53 PM
 #23

ETH fork is coming also with so many ASICs lately they developers they have to protect the coins


VOTE before it is too late
cryptomined
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March 28, 2018, 10:00:05 PM
 #24

Vote on Vlad Zamfir's Twitter

https://twitter.com/VladZamfir/status/979060233430552576

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March 28, 2018, 10:22:15 PM
 #25

Probably a waste of time, if they stay on track for Casper initial release in a few months and full POS deployment ballpark end of the year, any ASIC miner sold will probably NOT make back what it costs even if the "forks" like ETC/ECL don't change their algorithm.

It's kinda scary though to realize that there probably IS somewhere in the $3-$5 BILLION range invested into Ethereum mining rigs.
There are at least 8.5 million GPUs (that number ASSUMES they are all GTX 1070/R9 290 level cards at 30Mhash/s OR MORE per card) and more likely 10-12 million, mostly RX 470/480/570/580 in the $250 AND UP range when purchased, then add in the "cost per slot" of the underlying rigs, YOU do the math!



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Goool (OP)
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March 31, 2018, 05:33:35 AM
 #26

ETH fork is coming finally  Wink
percy_tc
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March 31, 2018, 05:36:00 AM
 #27

lol what the heck is ETHERIUM?Huh?? Roll Eyes
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April 01, 2018, 09:58:28 AM
Last edit: April 01, 2018, 10:49:30 PM by QuintLeo
 #28

lol what the heck is ETHERIUM?Huh?? Roll Eyes

I'm afraid you'll have to drop out of the Internet for a few years for failing your "Understand Typo" skill check.

9-)

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April 01, 2018, 03:17:16 PM
 #29

ETH fork is coming finally  Wink

source?

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