I mean ASIC resistant, which Ethereum has shown to be very achievable.
The key to leveling the playing field between ASICs and GPUs is to increase the memory requirements of the proof of work algorthim. Zcash could easily do this and chooses not to, which means they are actively rejecting ASIC resistance and mining fairness. This wouldn’t be such a huge problem if they hadn’t talked about ASIC resistance from the very beginning: Why Equihash? - Electric Coin Company
[moderation edit by @daira: deleted personal attack and an invocation of Godwin’s law.]
Claims
Yes, it’s an incredibly stupid article. It’s so stupid that it’s not even worth trying to refute. And anyone who believes the claims in the article needs help.
My favorite part is where he posts the Antminer A3s and L3s and says “look how cheap they are!” while conveniently ignoring the fact that these earn (-) 30 cents and 33 cents, respectively, at an average power cost while consuming huge amounts of power and sounding like a jet engine. They are much more expensive than GPUs from an investment perspective.
Sorry I didnt specify, I mean the literal definition of the words in regards to resiliency
Proof means impermeable
Resistance doesn’t
I own a single ASIC out of curiosity alongside several hundreds 1080 tis. I’ve only mined Zcash since the start. My leaning’s are only what is best for Zcash. Sticking with GPUs would be better for my bottom line but that isn’t the best path forward. Any other assumptions for me to invalidate?
False just because you said so? 
All of the items on here are absolutely true. The Z9 mini costs less than a new 1080 ti. It’s simple to use, all you do is turn it on and set your mining pool info (way more simple than any GPU setup). That article references a source that studied the decentralization issue - it’s the most accurate view we have of ASICs being more decentralized than GPUs. ASICs are more secure because there is no threat of secret/private ASICs with the potential to take over a GPU-mined coin.
Is that an explanation for the pools we had last month ? Those were not GPU. It were Asics that pre mined to test them. The hash rate was huge, my concern is when the weapons race between the Asic producers goes on and the 500 000 sols come online, the smaller Z9 will be gone and it will be like Bitcoin. The foundation can say what they want, they can’t stop asic makers from making them. I believe in the near future there will be 1 000 000 Sol miners, put 500 together and you control the coin.
What have you “invalidated” lol hmmm? Nothing yet.
Surely I have gotten under your skin.
An FYI asics do NOT stabilize nor create added security for a coin, this idea has been implanted by asic manufacturers. Think how crazy that is, asic miners creating security for a coin. If we as believers rely on “asics” to secure a network then we might as well sell all our coins now because not 1 coin has a future. There are several factors that add security to a coin (as I’m sure you know).
Note to all the ZcashCo as given no valid reason or argument why they are embracing ASIC and breaking their founding principle being a ASIC resistant coin…there are a lot of shills on this board whose job it is to spout ASIC propaganda, don’t waste your time reasoning with them i.e. @root, @boxalex, @zooko, @amanalar etc.
ASICs are not easy to buy. Very few people are willing to send $2,000 directly a Chinese company to buy a non-refundable specialized piece of hardware to mine speculative crpytocurrencies. There is also the issue of where to store a device that is louder than a vacuum cleaner. Anyone with a small home cannot store it there.
GPUs, on the other hand, are something that many people already have before they hear about mining. If someone wants to build a GPU rig, they can order from retailers like Amazon or Newegg, who have good customer service and offer returns. The GPUs they purchase can be used at home because they are quiet and cool. They also have resale value in case cryptocurrency collapses.
So you are absolutely wrong about everything you just claimed.
That was a Great Article.
Just fyi, Nvidia is chinese.
Not sure why you hate china so much.
I don’t hate China. I’ve actually been defending China from what I perceived to be unfair attacks on this forum. The issue is that China doesn’t have the same regulations in place when in comes to fair business practice as does the United States or most European countries.
Also, I’m pretty sure that Nvidia is an American company.
The article wasn’t great. It was so misleading that one might have taken it for parody.
Im pretty sure Nvidia isnt a country.
yet. 20chars…dsfgsdfg
grown up, what is the point of trying to antagonise someone? Attention? well done you! have a pat on the head.
You just lie …with all your post and you have many you have zero knowledge about GPU mining so there is no way you have hundreds off 1080ti.
LIke ZCash devs you are just pure liers and nothing more…sorry to say that but that is it.
Same goes for you then. How many GPU’s do you have?
EDIT: A9 ZMaster is available for limited time (2 more days) on the innosilicon website.
I have 30 GPUs.
And i setup GPU mining off Zcash to at least 30 more people .
Now most off them shut it down or change to ETH
And only ASIC available cost 10 000$ + shipping + duties …which say 12 000 at least ...for something that dont cost more then 200 to produce.
Smaller alt-coins can move quickly without consequence because nobody really cares about them succeeding long-term.
wow, wow, wow, maybe stop right there?
This argument falls apart when you consider that Monero forked without issue despite being a bigger coin by market cap and having a much smaller budget than Zcash has.
There is simply no excuse. Zooko betrayed the community.