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, 7 tweets, 3 min read Read on Twitter
Why mining pools support #ProgPow ?
We'll tell you why
👇
1. GPU is real decentralization. GPU's are sold all over the World. You can buy same 1080 Ti at @BestBuy in Texas or at @cybercom_mgl in Mongolia. No batches, no waiting in line, no BS, you just buying GPUs.
2. @nvidia and @AMD are well-known companies with total market capitalization over $100 billion. Their capitalization is +- same as the entire crypto market. Can we trust these companies? Can we assume they have no back-doors? Wow! Yes. We can. They reputation costs so much.
3. ASIC manufacturers sometimes play unfair, making their products work for particular Chinese mining pools only. They don't care about other pools and provide no support.
4. ASIC manufacturers are not disclosing any information regarding their products allowing people to fix faulty board. The only option is send it back to China and pray that they will return it fixed.
5. Last but not least. Have you ever compared a GPU and a crypto ASIC device? A GPU usually is a cool well-design nicely-built product. ASIC always looks like sh*t and works like sh*t. That means that ASIC manufacturers do not care. All they need to get money ASAP.
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