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RE: The x11 ASIC Race Has Begun

in #mining8 years ago

So the chips do all 11 algos? That's pretty nifty. Although it's not in the same atmosphere, I think X11 ASICs will go similarly to how Scrypt ASICs went. A handful of batches of 'em, then price drops, then disinterest, then no more, and lucky are those who have working ones at the end.

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The chips just do x11, so they wouldn't do x13 or x15 ect. I actually agree that it will go similar to Scrypt ASIC's since the big mining houses will just crush profitability so they most likely would not enter the space unless the x11 algo coins were to collectively be much more valuable than today to support the added difficulty spike