Stop ASIC mining for Zcash

[Shawn]

This has already been discussed at length in other threads, no need to make a new thread with the same arguments.

Feel free to discuss further in these threads:

Let’s talk about ASIC mining

Here’s why Zcash chose to use Equihash mining, back in 2016: “Equihash is a memory-oriented Proof-of-Work, which means how much mining you can do is mostly determined by how much RAM you have. We think it is unlikely that anyone will be able to build cost-effective custom hardware (ASICs) for mining in the foreseeable future… we may change the Proof-of-Work again, if we find some flaw in Equihash or if we find another Proof-of-Work algorithm which offers higher assurance.” Why Equihash? - Ele…

Future of Zcash mining (circa 2019 and 2020)

Folks: after extensive study, consultation with other people in the industry, and public discussion on this forum and many other places, the Zcash Company has decided we’ll support a new version of our zcashd software which implements changes to mining. When? Nothing will change soon and nothing will change without extensive advance notice (like, a year of advance notice). In addition, once we do make a change that would affect currently existing mining hardware, we’ll make sure that the effec…