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Author Topic: Good bye Antminer Z9(equihash ASICS)  (Read 868 times)
mikeywith
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be constructive or S.T.F.U


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November 03, 2018, 12:24:52 AM
 #21

Zcash announced they will change mining algo in late 2019. While people could still ROI there Z9 ASICs within that timeframe(not if this bear market keeps crashing!) Everyone who decides to keep is basically left with doorstops, leaving only HORIZEN(Maybe?) and few other small Equihash coins.  Roll Eyes

What're everyone's thoughts? Is Zooko insane for waiting a year to change it? how will that affect the network considering it will be fully dominated by ASICs then?

https://forum.zcashcommunity.com/t/future-of-zcash-mining-circa-2019-and-2020/31737


I doubt the z9s are built with enough quality to last till after late 2019 anyway.

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nsummy
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November 03, 2018, 06:59:16 AM
 #22

I really love how entitled GPU miners tend to be. You think that YOU are the one that made the coins relevant but thats total bullshit. You saw it was one of the most profitable, you hopped on the bandwagon to make a buck (not to support the specific project) and then start crying when you dont like the profits, like the devs owe you something. You get paid for mining, they dont owe you shit, get over yourselves.

Yes, because GPUs, CPUs, RAM, motherboards, routers, PDUs, and electricity all come for free. You act like miners don't have skin in the game. In exchange for offering up their equipment/time and securing a coin's network, miners are paid a very modest amount of profits. Miners have a vested interest as well as developers in the success of a coin. Often, it's a direct result of miners taking an interest in a coin that a coin realizes success.

To then have developers turn their backs (after promising ASIC resistance) is a slap in the face. GPU miners absolutely have a right to be upset if after dedicating their equipment, capital, and time, the devs discard the relationship as if miners weren't making a valuable contribution. Not to mention GPU miners often hold the coins that they mine, as opposed to warehouse-sized operations that must sell their mined coins to exchanges on a regular basis.

Until more coins switch to PoS, it just doesn't make sense to consolidate a network to a select few. Goes against the principles of crypto entirely.

A very modest profit?  Maybe now.  I remember when I first got into mining.  It was because of people talking about making a $1000 a month with a few $200 GPUs.  Also, can you honestly say there are miners out there that are buying all of these GPUs just to mine ZCash?
Ragnarok01
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November 03, 2018, 01:56:47 PM
 #23

Zcash - scam...
efudd
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November 03, 2018, 02:06:17 PM
 #24

Zcash - scam...

Brand new account, first post -- definitely plausible commentary.

Jason

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