so i can mine this coin for free and buy gpu with this coin later ? 

Supply and demand. If this coin is harder for everyone to mine than it will cause the price to be higher as a result. Look at alt coins that have a cap in billions. Then look at coins that have a cap of millions. What do you notice?

This is all true.. however.. you have to keep in mind that this *is* GPUcoin.. for people who want to use GPUs..

ASICs will be released for scrypt.. and although they won't be huge orders of magnitude better vs. what we saw with bitcoins, I have no doubt they will, over time be better at perf/watt and price vs GPUs for mining scrypt.  Staying with scrypt will mean that GPUs will eventually become obsolete in this race for mining , as long as this whole thing keeps going to develop it.... i gaurantee it..

Nfactor schedule: while it is absolutely true wastes more electricity, and silicon area.. but it keeps this a GPU mined coin.  The overarching assumption here is that we that follow this thread and mine it , *want* to use GPUs to mine this coin..


Now that point is a larger debate, which I think is really outside the context of GPUcoin itself... and i'm sure we can rathole on that topic endlessly...

Ultimately if there's a market for it.. ASICs will be superior in whatever app they intend to service... That's what their names imply... Application Specific .. integrated circuits....

However, the idea here is to make it not worth their while to design, develop and fabricate the ASIC.. asic development isn't like writing software where you get 13 guys, and sell a company to FB for a billion.. it takes real capital to fund R&D, buy wafers and fabricate.. lot of risk.. risk wafers, imperfections.. then debug, ECOs and respins... it's a big upfront capital investment.

The nfactor code isn't just a set algorithm.. well it is, and it isn't... it changes 1 parameter on a scheduled basis by posix time to be "adaptive"... okay its pretty lame adaption change just 1 parameter... but hey it does increase the memory b/w dramatically.. 1024 -> 2048.. and on power of 2s... which *might* make it infeasible for ASICs to continually tape out to adjust for it..  and if ASICs should choose to also become adaptive.. well.. they just become generalized processors anyhow, which would yield little to no advantage against GPUs, since they are no longer really application specific... if you support 100+ applications.. well then you're a application processor..

Sure... if at some point nfactor=X has a 100B market cap due to coins.. and its just worth people's time and energy to keep developing and releasing asics that do just that... then yeah, this premise does fall apart..  But the lead time and development time is long for integrated circuits.  Idea here is to not make it worth their while... It may fail.. but in my estimation it ultimately it all depends on where crypto market cap in total are going...


Thinking about this.. there's probably room for a more innovative solution to this which not only changes nfactor.. but changes the algorithm based on blockHeight... to align with the direction of where GPU/CPU computing is going.. like for blockHeight > 10000 or something.. swtiches to prime sieving.. (primecoin)... predicting in that time GPUs would catch CPUs in that race in a few years.. and leave ASICs far behind... but anyways who knows, the future is the future.. anything like this is hard to predict.  If you could you would be making millions speculating the semiconductor market

-n isn't going to make this coin exclusive to gpu, its just a short delay. they are already in production. you can contact any asic manufacture from alibaba.com and tell them "i want a miner designed to mine -n exclusively" throw them money and bam, you've got your -n. just takes one person with a paypal account.
timeframe on -n miners can simply be bumped up by throwing in clauses for deadlines and the sooner they get it to you the more reward the designer/manufacture will get. throw enough cash at the problem and you'll have your device by the end of the month. this is personal experience from using alibaba.

since the devs are fighting so hard for -n i'll gladly take back my ipo. no sense in debating this topic anymore.
you've officially killed this coin, congratulations!

N = 2048, i think ASICs have a shot.. but as N increases.. I think ASICs will have a hard time staying on top of GPUs, as long as there is still a market for GPUs (and mobile SOCs don't overtake everything...).  GPU development is state of the art right now: Memory controllers, FB sizes, latest nM processes.. the engineering capabilities at a lot of these startup ASIC companies in alibaba will be l.o.l.  

Maybe one day the coin asic market will be bigger than the GPU market.. and hence they will have the engineering brains, process-capabilities (25nm go!) , wafers at TSMC.. that GPU companies have a monopoly over in semi-conductor industry.  

But given that today, the estimated market for this is ASIC coin market is $100M... and the estimated market for GPUs is at least $10B... i just doubt they will be able to keep up if algo difficulty rises.  

But .. hey who knows..

We shall see about that.  maybe some day i can start printing 25nm chips in my home... but then by that time we'd probably be using quantum tech..


I think you're assuming that the 2 GPU companies aren't watching or don't care about this market...

If it's not - n, at the moment this coin are extracting by intelligent mine pool  from China. Only the value of this coin are
 destroied.