Industrial miners sell pretty much 100% of the time. Either for USDT or BTC.
Look at literally any coin. Kas and aleo recently.
And yeah. There’s an asic pump because bitmain pumps a coin right before selling the first batch. After that pump though? Bleeds usually for 2-3 years.
It goes:
pump the coin, give out a few to YouTubers. Collect millions of dollars in pre orders, lower the price, sell batch 2-3 and move on to a new alt coin.
That’s been the bitmain playbook for ever.
Should expect that. Tari will die at some point, just like >99.99% of all other alts.
The play is to mine to dump. Do what the industrial miners do.
Asics or no asic, tari will die.
Plenty of coins with no asic die, like pyrin, consensus, many other you may or may not have heard of. I mined something like skoof, when xelis came out. It never made to exchange.
Death is inevitable, not just for biological being for almost all coins.
built in miner in wallet
merge minable, gpu algo not fpga/asic hardened
wait merge mine bad, little guys cant mine
we dont want to get rid of merge mine, to keep net secure
fork, little guys make less now on either pool, now botnets/larger players get even bigger shares, one pool has 90%+ of nethash
gpu algo overrun terracore by fpgas
little guys still cant mine in wallet
lets add more forks, make new algo for gpus, little guys now make less on cpus and gpus.
they need to abandon the concept of mining in TU being the way forward for little guys, its impossible once conventional pools exist, at that point the timmys (and you can see it in here and their discord) cant understand why their balance continues to be zero.