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Author Topic: +1 if you think coin developers should only make ASIC resistant (NScrypt)  (Read 831 times)
brooklynite (OP)
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March 24, 2014, 08:28:54 AM
 #1

This thread is for coin developers to know what the miners want. The ASIC Scrypt miners have pushed the profits so far down on GPU that it is soon going to become a war zone like BTC. GPUs are out of the game. And the game is actually going to die soon with people spending 10,000 on a piece of equipment that will never pay itself off, nevermind making a profit. The new coins are not being introduced as fast as the new hash power is being built so the ASICs have taken over.

type +1 as a reply to this thread if you think coin developers should only make ASIC resistant (NScrypt) coins from now on and GPU miners should all switch. No more Scrypt Litecoin based coins. Let the ASIC owners fight it out and increase the difficulty of all these coins to the moon and their profit to zero.  If you think instead of the pain in the neck vertminer nscrypt, the new standard should be a different one like SHA-2 or something please note that as well/
david1365
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March 24, 2014, 08:35:34 AM
 #2

+1
bitdwarf
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March 24, 2014, 09:35:54 AM
 #3

+N

Actually, why bother. Just use the existing NScrypt ones.

𝖄𝖆𝖈: YF3feU4PNLHrjwa1zV63BcCdWVk5z6DAh5 · 𝕭𝖙𝖈: 12F78M4oaNmyGE5C25ZixarG2Nk6UBEqme
Ɏ: "the altcoin for the everyman, where the sweat on one's brow can be used to cool one's overheating CPU" -- theprofileth
Monetizer
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March 24, 2014, 09:57:30 AM
 #4

What is wrong with ASIC's? They take much less power which in turn is saving our natural recources as well as money. They help to secure the network more against %51 attacks... And they are much more long term officient

*I own one rig with no ASIC's
dspair
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March 24, 2014, 10:00:09 AM
 #5

No, let ASICs rape scrypt coins while I mine VTC.
tinus42
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March 24, 2014, 10:02:52 AM
Last edit: March 24, 2014, 10:49:09 AM by tinus42
 #6

Heavycoin is a good coin for GPU miners that is ASIC resistant. It also reportedly uses less power than scrypt mining. Good coin to mine in the summer when it's hot! Grin

Check it out:

http://heavycoin.github.io/
http://bitcointalk.org/index.php?topic=506774.0

Disclaimer: I own some Heavycoins

+1
Amph
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March 24, 2014, 10:17:44 AM
 #7

+1 on this, but not vert scrypt, more toward x11 or heavycoin algo
Disastrus
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March 24, 2014, 10:33:17 AM
 #8

It's weird that people want to keep inefficient technology as the prefered method of mining.

yes, let's keep this industry as poluting as possible?
I get it from a "users" perspective..but that's just greed.

and all that us "little" guys crap is bullshit too..

it's just evolution...you bunch of religious fanatics
Monetizer
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March 24, 2014, 10:42:09 AM
 #9

It's weird that people want to keep inefficient technology as the prefered method of mining.

yes, let's keep this industry as poluting as possible?
I get it from a "users" perspective..but that's just greed.

and all that us "little" guys crap is bullshit too..

it's just evolution...you bunch of religious fanatics

Exactly what I was trying to say Cheesy
It actually helps the network and the world to run them compared to GPU's. People are only in it for the money... What world wide corporation would adopt a crypto if someone could spend 10,000,000 and destroy it *Hint* banks *Hint*
Wipeout2097
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March 24, 2014, 10:56:52 AM
 #10

This thread is for coin developers to know what the miners want. The ASIC Scrypt miners have pushed the profits so far down on GPU that it is soon going to become a war zone like BTC. GPUs are out of the game. And the game is actually going to die soon with people spending 10,000 on a piece of equipment that will never pay itself off, nevermind making a profit. The new coins are not being introduced as fast as the new hash power is being built so the ASICs have taken over.

type +1 as a reply to this thread if you think coin developers should only make ASIC resistant (NScrypt) coins from now on and GPU miners should all switch. No more Scrypt Litecoin based coins. Let the ASIC owners fight it out and increase the difficulty of all these coins to the moon and their profit to zero.  If you think instead of the pain in the neck vertminer nscrypt, the new standard should be a different one like SHA-2 or something please note that as well/
As others said, good idea regarding some ASIC resistance, bad suggestion picking NScrypt

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