Category: Bitmain

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