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Category: ASIC Resistance
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Ethereum Community Enthralled Over Controversial ProgPoW Proposal
The Ethereum community has been debating a proposal called ProgPoW as many ETH proponents believe the Programmatic Proof-of-Work function will alter the network significantly. The contentious topic has seemed to galvanize the community, with the ProgPoW proposal favored by a significant proportion while being detested by others. A few Ethereum participants were shocked on February […]
The post Ethereum Community Enthralled Over Controversial ProgPoW Proposal appeared first on Bitcoin News.
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In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration
In this edition of The Daily we cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Monero Undergoes Protocol Upgrade The Monero development team has […]
The post In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration appeared first on Bitcoin News.
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Report Claims 85% of the Monero Network Dominated by ASIC Miners
Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success. A perfect example is the privacy-centric digital currency Monero, a project that has tried to fork the software multiple times […]
The post Report Claims 85% of the Monero Network Dominated by ASIC Miners appeared first on Bitcoin News.
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Bitcoin Gold Hard Fork Reintroduces ASIC Resistance
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Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate
This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were […]
The post Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate appeared first on Bitcoin News.
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