You guys are still fighting back and forth. Leave the convo to devs and people with real input. Enough name calling and slandering. No matter what side of the fence your on. In the long run, Zooko said it best. ZCash is a fork feiendly coin, whoever “wins” great. The loser can fork zcash, andnit sounds like the name is trademarked. So…whoever owns that trademark gets the name.
IMO, Zcash will fork, unfortunately
While i agree to everything,
Why unfortunatly if they fork? I think that’s perfectly ok when and if the research shows and comes to the conclusion that this would be the best option for zcash. I can not see anything unfortunatly there.
I said “they” and it’s very clear in the context of the that posting “they” would be the other EquiHash coins.
@chucky732 In the context of this thread, my opinions have shifted several times after listening to others and reading up on ASICs. To say that someone isn’t allowed to have their positions or priorities change after learning new information is unreasonable. Ideas and positions change with new information.
Equihash was thought to be ASIC-resistant. If the Zcash team would have immediately moved to change the parameters in the first week after ASICS were announced to calm GPU miners, that work would have been in vain. About a week ago we learned that a more-general ASIC could be quickly developed that would adapt to parameter changes with minimal performance loss. We can’t expect quick answers or quick declarations while the Zcash foundation figures out the best way forward. At this point we just have to be patient.
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only because one guy from one good company says something (which he didn’t prove) doesn’t mean it’s reality.
The only way to actually find out is by phisically accessing these machines, which no one I know has…
In any case,
I personally prefer doing something that ends out useless then doing nothing…
which he didn’t prove
Although David Vorick does have some bias as the creator of Siacoin, his experience developing an ASIC for it does put him in a better position to say what is and isn’t possible.
From that article:
We’ve been pessimistic on ASIC resistance for a long time, and our journey into the hardware world solidly confirmed our position. Hardware is extremely flexible.
The vast majority of ASIC-resistant algorithms were designed by software engineers making assumptions about the limitations of custom hardware. These assumptions tend to be incorrect.
Equihash is perhaps the easiest target, as a lot of people were quite confident in the equihash algorithm, and we’ve been saying for close to a year that we know how to make very effective equihash ASICs.
@johnwisdom I disagree that acting before fact-finding is the best approach. What if ProgPow turns out to be a really valuable solution? I would rather the Zcash foundation find the best way forward before acting. Changing the parameters might brick the Z9 minis but a new, secret ASIC could quickly be developed once that is announced. This would make GPU miners happy but it would actually undermine fair coin distribution.
I read that article and my statement remains true: he didn’t prove anything.
it would indeed 
EDIT: I ordered an z9. I personally prefer to never use it…
You know that 1080ti is not only GPU in the world?
You could buy 3 1070 and will hash the same like 2 1080Ti…and for less price.
And now if i want to buy this ASIC for Zcash i pay now but will have to wait to september to send me so would arrive at oktober the best…and now is may.
And Bitmain can mine right now with them.
On ASIC in the end only few are left mining…99.999% off other miners are out sooner or little later.
On ASIC in the end only few are left mining…99.999% off other miners are out sooner or little later.
There are new miners here that bought the ASIC and haven’t GPU mined at all. An ASIC does increase accessibility for non-technical users and decreases the overall setup time and other issues like potential electrical fires.
Using Bitcoin as an example, miners are fairly distributed despite the usage of ASICs for years. I don’t believe that only .1% of miners will be around after the switch to ASICs. Blockchain.com Explorer | BTC | ETH | BCH
10 years from now? Who knows what the mining situation will be.
After june shipments (2-3 months) ZEC mining community lose all GPU-members while number of ASIC-members will rise. This didn’t lower net hasrate or stability. Just people who support ZEC from the beginning will be forced to leave to antoher asic-resistant algo’s with their GPU-farms. No harm to ZEC, only to initial miners,that promoted ZEC since day 1.
I’ve supported Zec from the beginning and I’ll continue to do so via ASIC or GPUs depending on what the Zcash foundation finds. My interest in Zcash isn’t second to being able to mine with a gpu.
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I already ROId, and already purchased 6 z9 to continue my support.
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Difficulty just shot up. I am not seeing any news of early shipment of z9 miners. I can only conclude that bitmain increased their farm with their asic miners 1 month before shipping out their asic miners…
Well,like i said before,ASIC’s don’t get the same distribution as GPU, and i can’t buy it even if i want,due country restictions (money not the problem). So you and some few go on with ASIC’s, while many will be overboard
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It’s been like that for months now. It go’s way and then down. Nothing new.
Not like this. I usually average .35-.38 per day. 2 days ago it started and I got .32 and yesterday I only got .30… thats a huge difference spike
Yes like this. I’ve been mining zec for a while and back in April it was up above 10 million like it is now.
Yup but there was no formal announcement of the z9 back then. I don’t think there will be any gpu miner that will be stupid enough to invest after the asic announcement.
Either Bitmain increased their zec asic farm or there are early shipment of z9s to jihan wu’s friends out there.
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Your answer was vague to say the least. I’ll move on to others for another opinion,