What I’m curious is if that Chinese picture of an equihash miner doing 77k sols/s is legit, could that be the “maxi” people speculate might exist since the 10k sol/s is named a mini (first ever). Won’t that be a hoot when that drops probably at around $4-5k and is 7 times faster than the current one lol. We all thought that 10K sol/s miner that was talking about last year was vaporware…and here it is. Could this be what will be coming next??
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For all the people ordering a ASIC, have you even done the math on how much the z9 will make when the difficulty goes up?
Based on other coins that have been taken over by ASICs, you can expect a increase of 20x within 2 months.
At 5x current difficulty you will make 6$ a day. Will reach this within 2 weeks.
At 10x current difficulty you will make 3$ a day. Will reach this within 1 month.
At 20x current difficulty you will make 1$ a day. Will reach this within 2 months.
So how does pushing out 90% of the current miners for 10% ASIC miners help the network?
And I have lost alot of faith/trust in the Zcash team. When ASICs for Ethereum were announce(over a month ago) the Zcash team should of had a meeting days after this happened to have a official stance ready incase a equihash ASIC was made.
The lack of any official announcement almost a week after the ASIC was released has me second guessing the Zcash team. If it takes this long just to come to a consensus on something that is err…was part of the goal from the start of the project, how long will it take to come to consensus over something that is a major decision in the future?
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If the very first ASIC for a cryptocurrency is as powerful as 15 ultra high end GPUs with only 10% of the power consumption, that tells me that Equihash is actually very ASIC friendly.
GPU miners will be very quickly squeezed out of Zcash. It’s not going to be like Etheruem where they can coexist for a while.
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Not entirely true, but I see your point. The ETH ASIC performance isn’t really that great for the price. It’s not much better than a 6-7 card rig, actually probably a little worse. The only bonus is the price, and you will probably be able to get it in a GPU shortage (maybe). the Equihash ASIC however is some seriously strong stuff, but I was actually expecting it to be “more”…but this is the mini. If the suspected “maxi” is that 77K chinese pictured one with 4 chains of ASIC in it…now THAT is a beast. One of those ASIC is the size of a small farm. Coin killer.
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ASICs are already online, and running on the network. Bitmain has concealed this, but it’s true.
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Yes I agree, they are only selling the Z9 mini because they have a Z9 maxi they are making room for in their warehouses. As soon as people start getting their hands on the Z9 mini Difficulty will shoot up fast just like the other coins did.
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I posted some time ago a call for Zooko to step down because of his anti-community stance.
Looking at the data, the most likely scenario is that the Zcash company sold out the true believers in the community. It is sad but predictable. I am disappointed in myself for being persuaded that the Zcash project would be led by people with a people power / human rights orientation. It is more and more clear that this is not the case. Zooko got rich on our backs and doesn’t care about the small miner.
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Dude, read the thread - all of this has been addressed and debunked. There is no competition, or electricity saving, and no, it doesn’t make anything more secure. I dare anyone invest about 50k, try mine for a year, and see how you feel about this issue…We don’t hate ASIC’s, we hate the market in it’s current state.
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I’m assuming you read the first iteration of that statement, they corrected it to be far less affirmative. They will continue to study asic resistance, and work on a Fork, and have a PR ready to go …if they feel they need to…maybe by December.
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That headline is a lie, We have been told again and again that Sapling is still the priority and will come first in a few months.
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The Zcash Foundation is not the Zerocoin Electric Coin Company (the latter of which Zooko is CEO).
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Oh man! To be sincere, this is one of the worst replies I would ever imagine a CEO of a company could give to one of the users of his community. 
Yeah, the headline is a bit click-batey but I figured you guys would still be interested in seeing the news 
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Not a chance in heck.
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Electroneum hash rate shot up to 1.3 GHs from 20MHs just a month ago which is 65 folds or even 1.3 times of monero hash rate just before the fork.
And it is just the beginning, bitmain did not supposedly started shiping their miners or just doing it now.
Any ASIC miner either make their money back in less than a month or you will never get it back. This is bitmain (aka. The new era of ASICs)
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Terrible PR and the worst possible stance taken by officials. It puts everyone in even further doubt and uncertainty - both GPU miners and those who went for AISICs. I won’t event mention the fact that statement was edited shortly after publishing.
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Yes, the answer you seek is pending analysis, I am optimistic the data will be fruitful
It was one per person few days ago
Yep. Now it’s limit 50. They are laughing at the devs. At this point. Gpu miners will leave and zec will be owned by bitmain.
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