From what I heard…and that means nothing
I hear 2000 units were being sold as first batch. This was a soft start to see what would happen with forks.
Once they felt comfortable that a few coins would NOT fork, they would start selling batch 2.
I’m not sure with all this “TESTING” they claim. I hear they have 10,000 units ready. I think after hearing the community outcry they are trying to be smart and not piss of zcash
Again all just hear say,
Possible of course. From my obersvations and some researches i did (at the beginning of the thread) it looked that the first batches are very conservative in the range of 500 - 3.500 units, but that’s of course no garantee either.
If i remember right the first 2 X3 batches are of 3.500 units (no garantee, just thinking it was that number and too lazy to look it up again).
At least these twitter posts give indeed some information on how big the batches are and what to await. Definatly an improvement in my opinion.
Well we now know the Z9 mini has 12 chips that do roughly 900 sol/s each.
Majority off coins will be mined by BITMAIN…and they will mine it with EASY because they control everything…how much you will earn ,how much ASIC people can buy and how much will they mine…they never selll best ASIC they have…always generation behind.
You control nothing and they control everything.
Its just funny that people after all this years still dont know anything about crypto.
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Also 2500 units witch probably 200 people bought will replace around 100 000 Zcash miners around the world…community will shrink dramatically.
Go to forums on almost any ASIC coins that were taken by ASIC and after ASIC come in just month or two its ghost town
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No one wants to believe you.
I think GPU enthusiast and asic miners is 2 diffrent class of people. Community want to give our work to chinese manufactotorer and what we will have after any years? Bitmain will be control all our currencys and will be puppeteer of price? Why you think about price is go high with asic? Only because diff is up? I think asic miner wil be want to recapture they money and will be sold every day because market and powers of asic is not stable now and any day will may “create” new asic more stronger then this asics. Our GPU and computer is grow 30-40 years old and we have stable machines and network. What may to do asics if the diff is to high or reward is low . Look to market wars in real sector and after this you want let chines manufactorer capture all our currencys and they drop us to hell because this chines global monster want only profit. They will not be creator of any new good thing. I think team is better need to develop any new good thing in GPU protocol and add more smart things in protocol because our cremnium crystals is may work smarter and more plastic then stupid asics…
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It’s pretty interesting to realize that in a few days – after Electroneum forks – every single Cryptonight will have forked to get rid of ASIC mining.
Most of these coins have very small teams and aren’t even explicitly in favor of ASIC resistance.
It seems that most people simply taken for granted the destructive nature of centralized ASIC mining.
If these small teams with no budgets can get it together, why can’t Zcash? As someone posted earlier, tweaking the Equihash parameters is a relatively easy endeavor.
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The bigger the coin is the more cautious and conservative the dev team becomes towards making any changes to the software. Take a look at Bitcoin for example - they even have a separate coin to test shit on.
Monero is quite a bit bigger than Zcash. Actually, Electroneum is closer in size to Zcash than Zcash is to Monero.
So, your point is correct on principle, but it doesn’t explain the magnitude of Zcash’s tarrying.
I guess what I’m getting at is why have all of these altcoins come out against ASIC resistance except for Zcash?
Some of these coins – like Electroneum – don’t seem to be run by particularly active developers, but they still have managed to fork away from ASICs.
It seems to me that Zcash wants ASICs. If this is the case, they should just come out and say it and end this debate.
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Many of your points seem to me valid as well.
Regarding the question about Zcash, zooko and the rest of the team has already posted their responses regarding the issue, both here and in separate articles.
There is huge problem with crypto today…that bans it from regular use with normal people except pump and dump by little few who control it.
If you see 100 coins with biggest market cap 80% are 100% premined coins which cant be mined ,and most others are Bitmain playground.
ITs because that premined coins people who own them have lot of coins to bribe exchanges to put them on it …to put coin on exchange is now expensive and they want lot off money …so rare coins that really are spreading equally with many people have small amounts can not compete with centralised coins where they have lot off coins to give to be on exchange and to market it.
Result is that crypto after all this years is only used by 1 in every 10 000 people and prise is control by few where they can drop price in seconds and live regular people who buy in constant loses until they give up off crypto.
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How did you come to that conclusion? There are still a lot and some very interesting projects left on Cryptonite for the X3’s.
To be precise, after the ETN fork tomorrow some 11 projects/coins are still on cryptonite while 11 other projects switched to cryptonite V7, heavy or others.
This said, your statement “EVERY single cryptonite will have forked” is just wrong…
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Actually Electroneum’s developement is not bad and they are testing mining on Adroid at the moment. They scrifice a lot of the monero privacy futures to implent more micropayment futures. It’s a pretty active dev team there compared to many other projects.
And about Monero, the hero of anti asics community. It’s ok to be asic resistant like they have choosen, but accepting a big part of network hashrate from hacked devices, bot networks, whatever not, and doing nothing about it, doesn’t look right to me. They feed criminals with that behaviour, nothing i would be affilated with, even less i would use a project with is in bed and hand in hand with criminals as an example.
It’s one thing if you fight fear of centralization, that’s ok, it’s another thing to do directly/indirectly business with criminals.
Actually i had some similar thoughts about the situation but it might be another topic to discuss that.
Principally i totally agree with what you said about the premined/preminted coins out of nothing.
Even the fact that someone has to pay the exchange to get listed is somehow not right in my opinion as they (the exchanges) get profit from every damn trade afterwards anyway. But everybody seems to be fine with that.
There is a lot more someone can put on the table which doesn’t seem right, but way to off topic for this thread in my opinion. For me it seems that the first principles of pure decentralization and equality can’t hold when a given project wants to be competitive to it’s competitors.
Monero is quite a bit bigger than Zcash.
In terms of daily issuance, Zcash is more than twice as big as Monero.
So while Monero leads in current marketcap, Zcash is leading in future projected marketcap. See https://onchainfx.com/v/SMT45r
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Update on number of Z9 minis running.
A you tuber I watch recently uploaded a video of two Zcash wallet addresses, getting payments from mining zcash…running for the last 11 days.
In 11 days 38000 Zec were mined, to these two addresses in a private antpool.
If the calculations line up…I think that’s 20,000 miners running and testing.
That’s double the estimate I got from a legit source. 38000 zcash=Over 13.2 million.
IN 11 days. Think they already made thier money back?? This company is genius!!! Like a literal GOLD MINE.
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20 000 miners = 200 Msol\s, I didn’t seen such net hashrate changes
We are here talking about a control.
By saying YES to asics, you give control to bitmain.
All GPU miners, who hold ZEC, will be pushed to support other coins, eventually.
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