They have done it for money and they have been paid otherwise they wouldn’t have done it.
Neither would Asic miners. You guys wouldn’t spend $2000.00 to $3000.00 to buy a Asic miner if it did not make money. And I said in my other post No BS!
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Yes you are exactly right, mining is about self interest so we should abandon any illusions.
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So saying we do for money you made it sound like only greedy gpu miners are making money. Look in the mirror. No BS!
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I think there’s more to their toxicity than that.
Their behaviour againt BTC is a good place to start, weaponising their hashrate, mining empty blocks etc…all to support an agenda.
If those same actions were against ZEC we’d all be hostile and they’ve already shown themselves capable of it. No reason to given them a pass simply because it’s a different coin.
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Guys please stop fighting between one another we are here to talk about a solution not to name call and spit at each other . @HumbleGuy Sir please tell me how your Asic will make the blockchain more secure can you explain to me ? Cuz at the moment @zooko is thinking to not fork the asic because they are gonna protect the blockchain more than we do due to the higher hash rate . I explained a bit above why i think this is a bit bogus to think that bigger hash rate from powerful asic miners will protect the blockchain more than we do for a long period of time . And i think that this will just put the coin in Bitmains hands . Please give me your explanation. Why will the Asic miner protect the blockchain better than the GPU miners ?
Well said.
More hashrate does defend against 51% by pushing up the cost of such an attack - however if there’s only ONE place for us miners to buy guns & ammunition we’re just as vulnerable.
A thought. If Equihash is tweaked to need LOTS of RAM the only way ASICs could develop is with off-chip memory. That incurs a high speed penalty & would cut performance dramatically - perhaps to the same as a high end GPU and probably with a comparable price.
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I think more cost will only be for a short period of time . After that it will come back to the same amount it would take to make 51% attack as it will at the moment . And as i mention above there will always be bad actors . If someone has money and wants to hurt the blockchain he will do it no matter the cost . Speaking of attacks did ZenCash get hit the other day or am i reading bogus lies ?
Read it.
For the lazy (not picking on you) you can watch an interview with Robert Viglione on the subject as well…starts around ~10 minute mark.
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thank you for the video sir . Im watching it atm 
There are now probably 2 ASIC manufacturer who have enough power in the house for that.
And i dont think that main reason is money…they want desperately equicash coins not to fork so they want to show GPU coins as inferior.
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It would be an excellent tactic… create the problem & present themselves as saviors.
guys, the only problem - zcash team do not want to do anyhting about asics.
that is the only reason why you have to forget this project.
it was obvious, from the first zooko reply to asic “problem”, that dev team sold to asic manufacturers.
50 000 sols @ 600 watt - innovision
11 000 sols @ 260 watt - bitmain
competition? yeah, right, good luck.
i’m happily mining other coin, with 30% gain in profit.
just move on.
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There are 3 ASIC manufacturers now, I guess the “BITMAIN is the only manufacturer, BITMAIN will donimate the network” arguement is no more valid.
Zcash sold all GPU miners, whu trusted them, to bitmain.
yes, just like that.
don’t trust anyone.
move on from zcash, to other coins.
today, since 8.00 in the morning the minimum difficulty was 10M!!!
and it is just the beginning…
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$120.00 to $130.00 a month you got it easy. I pay about $1700.00 a month.
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what innovision? Have link?
http://www.innosilicon.com/html/news/26.html
And it’s at low low price $10,000.00.
Irrelevant.
If you could manufacture ASICs yourself, would you sell them competitively for a 10% profit or collude for a 100% profit?
There is no competition among ASIC manufacturers. No regulation = no competition.
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