Do not launch until an open source GPU miner is freely available for everyone

Mining
1

If the efficiency of GPU mining is 10 or even 100 times that of CPU, with GPU miners in the hands of only a few, then we essentially have a bad ICO instead of a fair launch.
Despite fairness concerns, which can be relative anyway, and despite the greedy vibe that this community would give off from day one, there are two more issues i can think of:

  1. It would be easy and cheap for a group of individuals that might not be so happy with the upcoming launch of zcash (btc, monero, dash whales?), to buy the gpu miner and 51% attack zcash at launch. It has happened before.
  2. Malicious fake gpu-miners will flood the forums, twitter etc. targeting wallets or pushing ransomware.

Thank you.

2

The launch date is not going to be delayed by trying to chase CPU or GPU mining optimizations. Right now nobody has shown that a GPU miner is even 4x as efficient at solving Equihash vs a CPU.

We will have to just wait and see how the GPU crowdfund / or possibility of the GPU developers working out a deal with Zooko pan out before jumping to any conclusions.

1 Like
3

Don’t worry, there will probably be GPU miners before 28 October.

4

Welcome to free market competition.

5

If you spend more money and effort, you deserve to get more coins, this is the fair.