Bitcoin Forum
December 13, 2024, 10:50:48 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Historically what happens to a coins price when asics come online?  (Read 99 times)
panningforcoin (OP)
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile WWW
July 12, 2018, 01:30:20 PM
 #1

This question is for you ole timers with a wealth of experience.
What generally happens to a coins price when asic's come online for the coins algorithm?
I'm speculating about zcash and zencash since the Bitmain Z9 Mini & Innosilicon A9 Asic miners are now mining Equihash.
Will zcash and zencash go up or down in price in the near future based on historical evidence of other coins response when Asic's first hit their algorithm?

Thanks!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!