Category: ASIC

ASIC Resistance: Will Ethereum Join Monero Against the Mining Giant?

Subsequent to Monero hard fork Ethereum may abandon PoW to send ASIC miners to the penalty bench. The crypto community is bracing for a real revolution – leading cryptocurrencies may abandon the Proof-of-Work (PoW) algorithm. The reason is the far-reaching game of mining giant Bitmain, which is building up its monopoly on the market by

GPUs And ASICs – A Never Ending Battle For Mining Supremacy

Graphics cards have given ordinary people the ability to mine cryptocurrencies but the emergence of ASIC miners has thrown a spanner in the works. Since Bitcoin’s inception in 2009, cryptocurrency mining has been popular both for average enthusiasts and hardcore fanatics. In the early days there was no such thing as an application-specific integrated circuit