Let’s talk about ASIC mining

Here is an easy answer to this question, sue Zooko / Zcash Co. – Class action lawsuit if you feel they have done something illegal.

To my knowledge, no one has done it, there are none pending. Why? Easy, because nothing illegal has occurred. If there has or had been anything illegal done concerning ASIC resistance then one of the thousands of people mining Zcash or ANYONE looking for a quick buck would have done so.

To keep it simple, no law suits = no laws broken / all legal promises have been kept

Do any of you have anything else to do all day rather than have the same repetitive, they promised, my investment, you’re being paid by (insert company here) to spam these boards, asic lover, etc…

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You blame people for calling pro-ASIC “Bitmain’s employees and shareholders” but call pro-GPU “Zec’s competitor holders”? Whose tin foil hat is bigger? :face_with_raised_eyebrow:
And you can’t deny the impact of GPU miners in Zcash’s success. Initial hype was huge. I know one miner who managed to sell some ZEC on Poloniex for more than 1 BTC/ZEC(closer to 2-3). Zcash was born in the trend of ASIC resistance(created by I am not sure what coin but popularised by Ethereum). Even inheriting Bitcoin’s monetary policy was shown like something better than original: it’s like bitcoin but without ASICs, all coins are created equal. And not following it’s initial promises looks offensive for huge number of people who prefered spending some time instead of money to join Zcash. GPU miners were someting like gastric microflora for Zcash during all it’s history. There were symbiotic relationships that are now ruined by ASICs destroying Zcash’s previous “microflora”. Zcash’s rise combined with sureness of ASIC resistance inspired GPU community growth. And now you are surprised why GPU miners have so strong one-side views?

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I’m of the opinion that this topic has been completely exhausted. There isn’t any new information being presented that hasn’t already been mentioned several times.

I’m thinking maybe the best thing is to close this thread, but since I’ve been heavily involved in this conversation I’ll defer to @daira or @sonya (or another higher-up moderator).

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Topic is called “Let’s talk about ASIC mining”. You see Zcash’s future with ASIC mining so why you propose to close it - to close the topic about your prefered PoW hardware?

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I tend to agree that most of the useful discussion has already happened, and I remain concerned that no one has the time to moderate this thread properly given its volume. If we shut down the thread, conversation will just move elsewhere (Reddit perhaps). That might be a good thing since then someone else would be responsible for the civility of the conversation…

I guess I’m in favor of closing this thread, and people can make new top-level posts about specific news or points that they want to discuss. @daira and @paige, care to vote on the matter?

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I say also close it…coin that had 48 votes in total for something that important and call that legitimate and community is dictator coin and does not deserve any talk…because everything is decided long time ago no matter what most people want… $$$>people

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If people want to keep posting here, then why close the thread?

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+1 close this thread.

Asics are already here and been here for awhile. This started off as a ‘Asics are coming what should we do’.

That question is done, It’s been discussed ad nauseam and now decided and voted, now it’s time to move on.

I think it would be more sensible to just stop visiting this thread rather than insisting that it be closed for everyone.

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Twitter where we can bring the whole world into it and they cannot bury and hide it!

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Bizarre that the same people voting and calling for the Zcash ecosystem fund thread to be unlocked, are calling for this mining thread to be locked!

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Talking how ASIC is good because off cost off 51% and still dont want to put equicash parameters to what was promised year ago which would make ASIC much much more expensive and hardly to build and on pair with other hardware …now BItmain and Innosilicon can make 51% attack for very little effort…and all you have is their promise that they dont want.

Also from someone who promise decentralisation is just laughing in the face that same person now talks how “GPU miners can switch to ETH so no problem there”.

Fair point — I want that thread unlocked because I think there is useful discussion to be had, and this one to be sunsetted because there isn’t, in my estimation. I definitely don’t want the topic of ASICs in Zcash mining to be taboo’d or suppressed! If people strongly prefer to keep discussing in this thread specifically, then I’ll go along with it.

Edit: I added the phrase “in my estimation.”

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Both threads should be open. We need more activity (and users) on this forum site, not less.

The Zcash Company has not yet made a final decision regarding post-Sapling mining algorithms, so this thread topic is still timely.

Those that want to “move on” can just stop reading new posts to this thread. I disagree with most of the posts on this thread, but I’m happy to see that fellow community members are actively discussing the future of Zcash.

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Two topics one thread. Sounds good to me.

The last 200+ posts are mostly about:

  • zcash is a scam
  • zcash is paycoin 2
  • zcash is dead
  • zcash will be <50$
  • Zooko is corruped/bribed
  • Zooko will go to jail
  • Zcash is bought by Bitmain
  • and similars

not sure if this has the character of a discussion anymore. For me by now it’s pure name calling, sully ZEC/Zcash and i personally can not see anymore any discussion like it was in beginning of this thread.

I personally don’t care if it’s closed or not, but is obvious that there is no discussion, even less a serious fair one.

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Ahh give him a chance. Besides, what’s the worst that can happen?

Okay! Looks like in the spirit of being open, we’re keeping it open!

On that note, I’ll just say that GPUs are a big hassle overall:

  • Risers spontaneously catch on fire
  • Risers frequently fail for no reason at all
  • Cables can catch on fire - I’m sure some new miners are using SATA cables right now
  • Zcash mining software can take a large fee
    (any author of it would be a very strong anti-ASIC voice here)
  • GPUs are more complex to setup
  • GPU systems have more points of failure

Does anyone else have any?

I have had no fires ever! Only 2 risers go bad In 1 year. And that’s 150 gpus. Setup is easy as hell. Is
Simpleming OS $2.00 per month per rig.

This was a reply to root.

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I disagree with a few of your points. Risers frequently arrive DOA, but it’s rare for them to catch on fire (this is true of any modern electronic). Mining fees are typically 1% or 2%, but there are open source miners for almost all GPU mining algorithms. I agree that GPU rigs are harder to setup and have more points of failure. In some ways, this isn’t really a bad thing, because it allows people to make a hobby out of GPU mining.

Anyway, I don’t think any of these concerns outweighs one of the biggest problems of ASIC mining – the deafening noise. Modern ASICs are so loud that they cannot be used at home without sacrificing quality of life. This effectively eliminates hobbyist miners and destroys decentralization.

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