Personally I think y’all are over reacting on this asic issue. I believe a fix is in the works for all to be happy, and if not and asic comes out the winner, mine other coins and convert them into ZEC.
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Still sticking it to the man with 13k of pure GPU soul 
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To give some perspective if someone is mining to sell. A 2500k rig of 8 1060s will earn $1.73 per day after power costs to mine zec. The same rig on ETH is earning $4.78. So even sticking with a gpu, what is the incentive to mine zec with a GPU?
Are you using ethlargement pill to achieve those numbers?
Pill works only with GDDR5X memory - gtx 1080 & ti
As said above the 1080 and 1080ti can only use the pill. I have lots of 1060s with Samsung ram which allow for a memory super overclock between +800 and +900 which produces between 24.7 and 25.4 mhs which is very high for an 1060 , but possible with the right ram and right mem overclock. Problem is that the algo for zec is more core dependant which is where Asics and FPGA can rain as king. The first batch of z9 mini are now being delivered. Buckle up for the ride down. It’s sad, I believed in the zec project and gpu mining.
Why would people pay the extra to convert their mined coins to ZEC? If they are supporting another network then wouldn’t be in their best interest to them deal in that currency?
Once miners leave a coin, they are not likely to continue using that coin. For just storing and transferring there are cheaper and faster alternatives to ZEC. I think a large part of the success we’ve seen in the last year has been with the adoption brought on by the miners.
Something needs to come up to offset that drop in adoption. Otherwise will likely keep seeing the price continue slipping and difficulty increasing (since ASICs are stuck mining this and can’t convert to another coin).
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Into Bitcoin hehe
I used to mine Zcash and I still do with 24 1080ti’s , a part I sold to buy Shitcoins ( better buying them and get more then by mining them )
Nowadays the shitcoins pay me more then Zcash, my Mix RIg makes me more then the Zcash Rigs and I mine that on a loss allready due to the price decline .
I read the forum the last days, and my overal feeling isn’t gone up, rather gone down.
I fear the future, Asic miners will sell all right away to Roi, in the end there will be 3 powers left and the Zec price will be down.
All clones of Zec have a new algo, 144.5, poef, gone Z9 and other static Asics.
If this goes on like it’s going, Zcash will be passed by all clones on Price, most small GPU miners are allready mining there.
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I switch coins since a week, before that it was allways Zec, despite WTM said about better profits.
I allways had them on Zec.
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One could mine other coins and stay loyal to ZEC/Zcash. I’ve switched my GPU rigs to another coin for right now till mining ZEC is more profitable for me. Zcash is a great project with (IMHO) good intentions.
P.S It’s good to be passionate about things, but being passionate in a non productive way will eventually hurt the cause…
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I stopped mining ZEC yesterday, i don’t want take a part in a project where is all about money only.
ZEC have stripped himself of all noble objectives , embracing money printing machines directions.
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I swapped half my rigs to Eth.
I’m sure the rest will follow in the coming days
Just can’t compete with ASICS
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History is full of failures with people being “blindly passionate” about a topic. The ability to take positive impacting actions based criticism is a key requirement of success.
In business decisions, this ties into removing emotion from objectives. My criticisms are pragmatic and against those speculating on what will/is happening because of their emotional attachment to the project.
What people “wish” will happen and what “actually” happens are tow very different things here.
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If by me saying that I believe Zcash has good intentions makes it “blindly passionate” so be it, that also doesn’t make “your” theory any better, FACT.
Like I said, being productively passionate has better results then to be posting the same B.S over an over an over.
That last paragraph made me feel like I was reading a post from Confusious. Lol
I’ve switched to BTG on btg.pool.pro about a week ago or so. While I’d like to keep mining ZEC, I plan to convert them into ZEC using Freewallet. I like ZCash for one reason and that’s the ability to make private transactions. As long as they do that - and work to make that better - I will like it. From there, it’s nothing more than a tool just like anything else.
I am concerned, however, that recent developments in general have shown - or at least appear to have shown - the Zcash organization to be far more bureaucratic than entrepreneurial in nature. That’s a trait a young organization cannot have if it wants to be relevant for the long term.
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Just in general, i agree on that. I noticed the same things on other “decentralized” projects as well and i mentioned it several times allready on different posts here that this exactly is something that will give “centralized” or more centralized projects a huge advantage.
I’am not arguing about the whole decentralization issue, but only about the bureaucratic nature of it’s concerning me as well.
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'Cause ZEC is going to the moon?
Honestly, not sure why…You can always sell any coin you are mining (at a higher profit) and just buy the ZEC…
Still mining ZEC until returns equal my power bill - if the algo changes I’d be back in a heartbeat.
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i definitely switched to BTG some time ago since the whole ASIC crap came in play…stil holding the coins but not mining anymore …
thry the Mining pool hub or suprnova pools for BTG these seems to be the best ones for now if you are still on BTG of course
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I just switched to ethereum. Much more profitable than zec…I hoped it would not get here, but here we are. What concerns me is the centralization that comes with asics. Any idea how bad it could get?(about centralization)
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