some coins of POW like us, are thinking of some way to survive during the soon coming Asic ltc miners..
i think we shouldnt fall behind...
maybe we should come up with some change of the algo to make a better improvement..
I dont get it. "the upcoming asics"
You speak like its the end for the coin. It IS NOT !
Asics mean ppl with money invested in expensive hardware. So they take care of the coins they mine.
They wont dump them for cheap because the need to make money back.
Also they secure the coin with a nice decentralised hashrate.
Yes I know, the casual miner with his pentium II CPU or nvidia gpu will have no chance against them.... But he has no chance today either. Mining farms with 1gh/s GPU mining can be rented easy from ppl who just want to get back what they invest short term.
ASICS and FPGA are the future of mining. And they are great for the environment. They save tons of power compared to stupid GPU mining.
Normal ppl should just combine their cash and get a 250mh/s titan for 7000$ Imagine 100 ppl doing it. Thats 2.5mh/s per person for 70$ ! Far more as they get out of a high end GPU + electricity bill.