Now you have two responses. You just won the internet!! =) Congrats!!
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It looks more like a bunch of people sitting in the same boat.
Trying to reach the island.
But their paddles are incompatible somehow…
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I think that slogan you mention refers to the fungibility of zcash and asics has no impact on fungibility.
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hi all,
I’m vote for changing algo
3 reason:
1’st slogan zec - all coins are created equal. If You want to keep this slogan You change algo 
2’nd Learn Zcash - Z.Cash ->>>
Is Zcash proof-of-work? What mining algorithm do you use? Is it ASIC resistant?
You said Yes, so You should change algo to be are
reliable
3 almost all other coins working on equihush want to change algo (right now only komodo will not…)
in my opinion
all votes for saving algo comes from CHRL and people who want buy ASIC’s all other from people who mining zec since begininng
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Monero crises??? Are you kidding? Or are you really think so??? May be you want people think so.
Monero mining is more profitable now than ETH. Monero price start from 3$ at 20.08.2016 to 240 $ now. All very good for Monero. Don’t make people so silly.
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I totally agree. The only other alternative I’ve come up with yet is Proof-of-Stake, which in addition to reducing some of the centralization inherent in Proof-of-Work mining, also offers performance and safety improvements.
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It looks like Bitmain increased the limit to 50.
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Did you not read the answer to the frequently asked question?
“The algorithm is currently not economically implementable in ASIC. We’re still evaluating whether we think it will resist custom hardware (“ASIC”) implementation long-term.”
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@bitcartel That’s a very broad and difficult question to answer, to give you a real answer would require in depth econometric analysis with data that is incomplete (due to being primarily centered around the private entity Bitmain) and speculative in nature.
I will give it a go, however. First off, vertical integration with Bitmain is a net positive on the goal of distribution and popularization of a coin. Bitmain will have a vested interest to grow the popularity of Zcash and implement software solutions such as wallets, etc in competitive (non-monopoly) markets. Given that, Bitmain can be beneficial in this, as they are a massive organization with a lot of resources to back them and their interests lie in promoting this. Though Bitmain may have an interest in promoting your coin, they also have an interest in each coin that they control the hashrate of, and will dedicate more resources to the coin that they believe most align with their personal goals. ASIC coins must compete with each other for Bitmain marketing resources. Bitmain does have more of an ability to reach a wider audience and force commerce with a coin than GPU miners do.
ASIC mining, as mentioned earlier, is a monopoly market. Coins are a limited resource and no innovations in mining can produce more of them. Long term, all other miners will be forced out. This means that Bitmain controls the total hashrate of the network at any given time. What someone could do to the Zcash network if they have total control over the network hashrate is beyond my scope of knowledge.
You must also bear in mind that with Bitmain, being the sole manufacturer of machines that can produce Zcash, have the final say in 80% of the supply of Zcash. They have an interest in decentralization to an extent in order to provide value through commerce to the coin, but this is a rather unexplored field in regards to monetary theory. You will likely see high price instability of Zcash if it is ASIC mined in the short term, and this may delay long term adoption because stability is a key component to currency usefulness (this negative effect would likely outweigh the potential positive effect of vertical integration, though it is hard to quantify without econometric analysis). If Zcash finds itself being adopted as a primary currency on a national scale (this is a very VERY important pre-requisite), over the long term ASIC miners could actually increase price stability of the coin. As a reminder, this is a very new field and we economists don’t actually have a lot of experience in the monetary implications of cryptocurrencies as well as a monopolistic company having potentially near exclusive control on that supply. For a proper analysis I would have to create new economic models, here I assumed behavior based on incentive structures of different asset classes and presumed Bitmain. I presumed they would act similarly to other institutions that have monopolistic control over said asset class. This portion may be entirely wrong, this field is not well researched enough to know yet.
There is more that can be said on the subject, but I think this covers a good majority of what I can come up with off-hand without further econometric analysis.
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@zooko you r playing with words’ game
You are totally wrong. You can not compare Z9 earning with GPUs. Until you get your Z9 it will make roughly like one or two 1080 ti because difficulty will skyrocket. So your way of thinking is totally nonsense.
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It’s really end for zcash GPU mining…
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@activator What can you expect? for zooko
Haha. Bitmain had more confidence, so they will make and sell more miners. I guess they are so thankful to zcash team.
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If we are thinking of the future, why support a network that DESTROYS the environment with iinefficient and outdated technology called gpus? Time to be more environmentally conscious and make the switch to a newer and less impactful technology called ASICS? Think of all the energy we are saving…gpus are like a horse drawn carriage in modern day society, time to adapt and adopt into future tech 
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if we want to go green then we’d cut out pow altogether and go with pos only…
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That theory holds no water because of the thing called capitalism. People will buy as many Z9’s as it is still profitable to do so.If you make $40 a day with 10,000 now then people will buy Z9’s until the profit with the Z9 is $40 or most likely even less. It will save no energy and will produce more waste when they are outdated. The ROI might take a shorter time to pay off compared to an equivalent GPU hashrate, but that is it.
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I believe you are not really thinking about the future or the environment with your post
This probably is the only viable argument not to fork now. But it is very strong, indeed. If third parties are already half way or even further in their preparations to implement the current version of zcash, I can totally understand zooko. Its a tough decision, and not so simple black-or-white choice as it seems at the first glance.
Proof of stake would be great.
But GPU mining is still a better alternative than ASIC until the team develops a proof of stake implementation.
ASIC mining combines the worst features of proof of work and proof of stake (high power consumption and centralization, respectively) with no benefits of its own. GPU mining at least facilitates a more widespread distribution of coins.
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