Let’s talk about ASIC mining

The ship has already left port.

There is no way they are going to switch back to GPUs now. They were afraid of network security when ASICs came out, they definitely wont fork now that ASICs control the network. How do you switch from a 100% ASIC network back to GPUs? Do you boot off all the ASIC people mining?

Who will be left to mine and secure the network at that point. There is no GPU miners mining anymore…How do you get the GPU miners to come back and secure your network? I know if they fork, I wont care and I will probly never mine ZCash again even if they switch back to GPUs.

They had their chance to stay anti-ASIC. They flip flopped their opinion at the first sign of a ASIC being announced (before they were even mailed out), and now its too late, ASICs are here to stay.

Crypto hasnt even been around this long, why would you belive the price will follow the hashrate in 10-15 years? What evidence do you base this idea on? If it takes 10-15 years, there is no data or zero evidence to show this, Bitcoin is only 9 years old and shows the opposite of price following hashrate. Hashrate seems to follow price…

Price following Hashrate looks like a opinion more then fact. Please anyone show me differently, I have supplied charts from 4 different coins to show price does NOT follow hashrates, and all the evidence you guys keep showing me is “But price does follow the hashrate”. Please support your claims with some evidence.

Im honestly curious why you think the hashrate number makes the coin worth more.

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