I'm going to invest heavily into this coin. Easily $10 per SPR in the next 6 months.
The longer we progress, the more I like it. I realize the price is still pretty volatile as it should be for a coin at this stage in development, but some very interesting and attractive attributes have shaken out of this project thus far.
I was attracted to, and began to mine this coin because it was developed from the DRK base which I respect, and I felt there would be value in the decentralization from the "no-pools" implementation. But as we progress, I am seeing things I hadn't even considered before, and I am liking the way this is shaking out more and more. Unless something changes, it seems these new ideas and operational implementations make this and future coins built on the same base a GPU miners dream.
#1. No ASIC or FPGA capability as of yet. GPU miners don't have to compete with those guys.
#2. Limited CPU competition. a) CPU's currently mine slower than GPU's. b) Most consumers operate from 1 to 3 PC's (or laptops) with a single CPU each and maybe a GPU or two, rather than multi-GPU rigs purpose built for mining c) Since the only available CPU miner is included in the wallet, and according to
this post from ocminer, there are apparently some limiting restrictions to VPS operators (and their industrial CPU's) that would normally be able run minerd, but are instead forced to install and run the wallet miner.
#3. No Botnets to deal with and limited competition from other, not so fair "free electricity/hardware" operators, as mentioned by girino...
botnets, VPS operators that steal processing power, sysdamins of several hundreds of machines that want to use their spare CPU time to mine, etc.
Another benefit of having the only available CPU miner included in the wallet.
#4. No Nicehash/MiningRigRental/LeaseRig support. Don't get me wrong, I love these services too if I am leasing my rigs to them for straight BTC payout, or if I am just trying to lease as much hash as I can afford alongside what I already have in order to mine something as fast as possible, difficulty be damned... But when trying to mine a specific coin long term (as I have been with SPR), it's been nice for a change, not having to compete against those services and their usual ability to employ the automated multi-algo profit switching support in sgminer 5 to focus so much available hash so quickly on whatever happens to be the "coin of the day" and pushing the difficulty higher than smaller GPU operators can contend with on their own. Yes, all GPU operators "could" in theory, manually focus all their hash at a given coin, and very well might over a 24 hour period. But I am sure the manual prospects of doing so (if only because of the timezone/day-night sleep cycle) would be much more gradual and less concentrated than the effects of a bunch of lease customers jumping on an algorithm, forcing its lease profitability up and triggering more automated machines from all over the world to switch over and be available to that algo, for lease to more customers jumping on the bandwagon... ad nauseum. Acting much like a sort of huge worldwide GPU and ASIC botnet, except being controlled by legitimate lease orders and automated profit switching rather than a botnet maestro.
Numbers 1-3 are extremely attractive to me as a small CPU/GPU operator, and the benefits from #4 seem to far out weigh the loss of not being able to lease more hash or in Ron Popeil "set it and forget it" mining.
All in all, a lot of definite positives for the CPU and GPU crowd. If it catches on, could there possibly be a GPU revival? One can only hope!
