Originally Posted by Hwgeek
I think that many coins will change the Algo and then we will see the GPU mining coming back to live, but this time the 8GB+ GPUS will be the choice.
Why? Why would the developers behind any coin want to change their block chain algorithms to accommodate GPU miners?
This is a peculiar kind of delusion. GPU mining is something that is a byproduct of cryptocurrency, not the point. Coins only exist if people buy them as a commodity. The value of a currency only goes up if people use them as a currency. Given that, what person would buy more of a coin just because the block chain crunching algorithm is resistant to ASIC miners? Why would anybody, except the GPU miners, at all care about how the coin mines?
The only way GPU mining ever gets big again is if a brand new currency starts gaining a lot of traction. Whatever that is unique about it, you can bet it will have nothing to do mining whatsoever. And just like all the current crop of coins, any new coin will eventually scale difficulty until it ceases to be profitable. The more profitable the coin, the faster this will happen.
I am of the mind that the crypto currency market is saturated with coins already. Whatever the case, just like with all internet fads and services, there reaches a point where any new product has a tougher time separating itself on features, and users become more and more entrenched in exists services. The same will happen with coins if it hasn't already. Crypto currency mining cannot take any pattern other that boom-bust, and in my opinion, the booms are only more likely to become fewer and farther between.