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Author Topic: How to address the problem of miner centralization caused by ASICs ?  (Read 421 times)
phoenixdowndee (OP)
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June 26, 2018, 06:33:21 AM
 #1


Whalesburg​ awards WBT tokens to anyone who can answer how to address the problem of miner centralization caused by ASICs ?

Submit your answer here: https://goo.gl/ac9Lus and earn crypto for your feedback!
DevelopmentBank
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June 26, 2018, 06:54:48 AM
 #2

-snip image-

Whalesburg​ awards WBT tokens to anyone who can answer how to address the problem of miner centralization caused by ASICs ?

Submit your answer here: https://goo.gl/ac9Lus and earn crypto for your feedback!

I was more intrigued by the CrowdHolding platform than the "ScamsburgWhalesburg Cloud Mining" thing. Haven't had much time to research but can't seem to find out whether or not the CrowdHolding Tokens have any value? Earning tokens by engaging in discussion could be something I am interested in.

Anyway more on the topic, cloud mining is almost always a scam. Caveat.
cryptoburgerbash
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July 03, 2018, 02:54:47 PM
 #3

Interesting platform, so you put your responses on the link and earn crypto for giving the feedback? Do I have to enter my wallet address? Is there a google docs spreadsheet?
Bousarha
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July 05, 2018, 12:12:28 PM
 #4

Omg, those ASICs destroyed my gtx1060 profit. We need to do smth.... Ready for ACTION!
staracrypto
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July 06, 2018, 08:10:41 PM
 #5

Great platform, do you have other tasks?
swogerino
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July 06, 2018, 08:44:42 PM
 #6

Omg, those ASICs destroyed my gtx1060 profit. We need to do smth.... Ready for ACTION!

I believe yours Gtx 1060 are 3 Gb cards if your profit is destroyed. I have some of them too. They cannot really mine Ethereum effectively anymore in Windows 10 which is the best Windows platform for mining , they were performing well in Zcash otherwise.

Until the army of Z9 mini and Z9 came to life in the end of July and now four such cards can make only 0.30 mBTC mining Zcash. That is nothing, it means those cards are not worthy anymore, you , me and everyone else should start selling them in Ebay before they become totally worthless.

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dexiclick
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July 07, 2018, 03:20:19 PM
Last edit: July 07, 2018, 05:29:39 PM by dexiclick
 #7

I'm a tad confused, so is this thread for Crowdholding or Whalesburg?
Rasanders22
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July 07, 2018, 09:43:40 PM
 #8

Omg, those ASICs destroyed my gtx1060 profit. We need to do smth.... Ready for ACTION!

I believe yours Gtx 1060 are 3 Gb cards if your profit is destroyed. I have some of them too. They cannot really mine Ethereum effectively anymore in Windows 10 which is the best Windows platform for mining , they were performing well in Zcash otherwise.

Until the army of Z9 mini and Z9 came to life in the end of July and now four such cards can make only 0.30 mBTC mining Zcash. That is nothing, it means those cards are not worthy anymore, you , me and everyone else should start selling them in Ebay before they become totally worthless.

I mine with them just fine with hiveos
liberecalt
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July 08, 2018, 10:38:04 AM
 #9

Thanks for sharing, interesting concept.
honeyduckgoose
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July 10, 2018, 07:30:39 PM
 #10

Great question and I am a big fan of Crowdholding's platform. I would recommend it to anyone who is looking to earn some tokens without spamming social medias from bounty campaigns.
cryptoadmire
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July 11, 2018, 01:26:46 PM
 #11

Thanks for the share!
jimsteel
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July 13, 2018, 11:58:33 AM
 #12

Interesting platform, keep sharing tasks!
bramborakymilenec
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July 13, 2018, 06:26:33 PM
 #13

Thanks for sharing the information about Whalesburg and Crowdholding, both seem like quite interesting projects.
roganite
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July 14, 2018, 05:33:22 AM
 #14

Look interesting, I will look into Crowdholding, thank you for sharing.
cryptowomba
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July 15, 2018, 06:55:14 PM
 #15

Thanks for sharing, I will leave my comment on Crowdholding.
cryptowomba
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July 16, 2018, 03:36:54 PM
 #16

Really liking Crowdholding's platform and it seems to be buzzing! More mining tasks please!
aini97
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July 16, 2018, 03:54:07 PM
 #17

Bitcoin Mining is actually a mine activity using a particular device. The process through solving a series of mathematical problems (puzzles) based on certain difficulty levels. Well this activity is called "Mining" or cool term is "Bitcoin Mining".

So clearly, that if someone is mining Bitcoin, that means the person is using a mining device. Can use CPU, GPU, FPGA, and ASIC.
Currently Asic mining has become the only realistic way to be able to do mining and gain profit. However, mining with Asic has also been unfriendly, especially to small miners.

If there is a question that questions, then what is the point of decentralization if in the end every individual is finally eliminated? Would it be possible to return to a one that might combine the two? Is it true that the birth of the Asic mining and the emergence of these large mining centers have broken the original vision of Bitcoin?

In cryptocurrency, there may be a cycle that may recur. And it can be seen the tendency with the appearance of Altcoin. Where a cryptocurrency other than Bitcoin appears and is still free from big investors. But of course with the start and price levels are still much smaller compared with the current Bitcoin.

───────     Decentralized Asset-Backed Banking     ───────
██  ███  ██████     TheStandard.io     ██████  ███  ██
handy_hotdog
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July 17, 2018, 10:18:38 AM
 #18

Thanks for sharing!
beetlejam
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July 17, 2018, 05:13:42 PM
 #19

Thanks for the share, I think it's a great little platform and I am fan of co-creation. Allows me to contribute and feel a little important Smiley
iloveturtles
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July 18, 2018, 02:02:59 PM
 #20

Great platform, thanks for the share. I've joined Crowdholding.
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