Concern about GPU based algorithm


#1

Let us say if Zcash select Lyra2 as mining algorithm, can we use Scrypt mining rigs to mine Zcash or other GPU based mining rigs?


#2

If you are talking about ASIC, the answer is no. Mining algorithm is not decided yet, it will be probably something new. Zcash team said they are into memory-hard algorithm, which i think will be CPU-friendly. This might cause performance difference between GPU and CPU is small. On the down side, CPU-friendly mining would be a gold mine for botnet operators.


#3

Abstractions are easy ...I would love it is the smaller guy wins but it's so tricky .. vErtcoin did something ASIC resistant and bot net resistant right ?


#4

Has anybody read what the mining devs has said about this from bitcointalk forum?
https://bitcointalk.org/index.php?topic=1438066.0


#5

Whoever posted as 'dga' is probably the only person in that thread who is worth paying attention to. Even so, they didn't really provide anything insightful.