9/4/2023 0 Comments Zcash miner asic![]() ![]() NO company in the world will give profit voluntary to another one. In the real world and life, companies are competiting, that’s how it works. Zcash price at this stage is even dependent from Bitcoin’s. There is one Bitcoin and all others are altcoins, just because Bitcoin was the first, not much different by the way. Damn even in cryptocurrencies it’s the same. All others at the beginning are running ups. There is always in the beginning a company that is ahead, takes the risks, invests millions in R&D and whatever, not. This hasn’t happened, isn’t happening, won’t happen in future. There will allways a forrunner, i’am not aware of whatever new product where at the same time 3 companies arise at the very same level. Same on SHA156, scrypt, x11, on each algo are at very least 5 competitors, again, nobody cares and all the hashrate these generate is are written to Bitmain, just to keep the anti-asic argument valid. Right now on cryptonite you have 3 known different Asics (eventually more), all available on the free market and most even available by resellers in different Countries like Canada, Germany, … There is competition. ![]() But even if your demands would be in place you (the gpu miner) would find another one. There are so many flaws and unlogical wishes that it’s even science fiction. Having so many demands can’t hold in reality. I doubt you would be satisfied even than. There is a huge amount of adverse selection when it comes to people who choose to get into ASIC manufacturing. There is no “benefit” to ASICs, only downsides.Īlso, there will never be any legitimate company like Nvidia or AMD that starts making and selling ASIC miners for cryptocurrency because creating ASIC miners is not interesting to the very talented people who work at these companies. A larger network is more secure and more decentralized. The network will also be larger because far more people have GPUs. Having more people being able to get Zcash coins is a good thing for Zcash. It’s much better to have GPUs do the mining because more people will be able to earn the coins. They would no longer be able to dictate to the market anymore. But Company A in France, Company B some place in South America, and company C somewhere in the USA all keep on producing and selling them then Bitmain either has to keep producing or lose market share. IE Bitmain decides not to produce another batch for awhile to drive the demand up. If you can source them from one, two, or twenty different suppliers, and they are all equitable in price and performance…you have real competition and the entire dynamic suddenly changes. If this company can help break that strangle hold, and decentralize that aspect, then ASIC becomes much less of a threat to be honest. The problem most of us have with the current climate with ASIC is the fact that the only real player IS Bitmain. The views and opinions expressed in this article are the author’s own and do not necessarily reflect those of CoinMarketCap.I think this is besides those question(s) to be honest. This article is not intended as, and shall not be construed as, financial advice. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is intended to be used and must be used for informational purposes only. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”).
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