[reissbaker]

It felt a bit like doublespeak when the author claimed ETH was more vulnerable to a 51% attack because it (intentionally) aims to make ASIC mining difficult — the whole point of making ASIC mining difficult is that Bitcoin is centralized and vulnerable to 51% attacks because there are very few miners (because capital expenditure to become a miner is high). If the few miners collaborate to cheat you, they can get away with it.

That being said, it's not even true anymore that ETH is GPU-only; despite attempting ASIC-resistance, there are now ASIC miners for ETH too, although unlike with Bitcoin, Ethereum is still able to be mined with GPUs.

The complaints that ETH has little real-world utility and is mostly speculation-driven felt similarly nonsensical compared to Bitcoin. What real-world utility does Bitcoin have? The whole thing is HODL-driven speculation on an inherently-useless deflationary asset.

(Unlike the author, who claims to have no stake in the debate a breath before admitting he's long BTC and doesn't own ETH — by definition, a stake — I truly have no stake in this debate, and currently own neither BTC nor ETH.)

[bhaak]

> That being said, it's not even true anymore that ETH is GPU-only; despite attempting ASIC-resistance, there are now ASIC miners for ETH too, although unlike with Bitcoin, Ethereum is still able to be mined with GPUs.

Last time I looked those "ASIC" miners for ETH were basically a few GPUs stacked together in one case. More of a special PC setup than truly ASICs and that's why there is still GPU mining. Those ASIC miners were not that much faster and cost effective than a regular GPU setup.

Has that changed?