Let’s talk about ASIC mining

[boxalex]

@Tonic1080

@root

Flypool having centralized control of hashrate is a larger concern that the evolution of mining hardware, in my opinion.

Flypool problem has nothing to do with the ASIC topic. This is simply another problem needing to be addressed with the Zcash network. One which will be made worse with ASIC adoption. People need to stop thinking this is any kind of rebuttal in this conversation. Whenever I see these I flag them for “off topic” as it is simply an attempt to distract.

Actually it has. Watching the last chart at

Flypool/Bitfly Miner Centralization

[abcd] Yes, and No. If you see the recently mined blocks, Flypool usually takes a half of the network hashrate and blocks. But recently the unspecified pool (I’m guessing that it’s BITMAIN’s private pool) is taking quite a large amount of blocks under the address “t1S4ydQEgzgLuWWvHiRBfcqW7AFE3RssVHy”, Now Flypool barely makes their 50% hashrate.

it seems that the private bitmain asic pool is the reason that flypool has no more 51%.
How does this not have anything to do with the current discussion?

Of course, it doesn’t fit in that actually exactly this pool is the reason that there is no more a 51% flypool dominance.
Actually from that chart it seems that bitmain currently has about 10% of the network hashrate on the zcash network.

Actually that chart is very interesting as accidently it shows a current positive impact of bitmains mining farm on several aspects:

• it is not like many thought 50+%
• but it’s enough to throw away another threat, the 51% flypool dominance which is way below 50% now.
• bitmain does not mine it’s own with 100.000 Z9’s secretly… and has way less impact than many suggest so far.

This said the flypool issue very well contributes to the asic mining discussion here, but feel free to flag it.