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3232Sumokoin Will Hard Fork to Remain Bitmain ASIC-Resistant
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Fri, 06 Apr 2018 15:19:01 +0000https://www.digit.info/2018/04/06/sumokoin-will-hard-fork-to-remain-bitmain-asic-resistant/Read more]]>Ever since Bitmain unveiled its CryptoNight ASIC miner, there has been a growing effort to make this hardware impossible to use. Known as the Fairmining initiative, more and more currencies are deliberately changing their algorithms to prevent Bitmain’s ASIC from making much of an impact. Sumokoin is the latest currency to make the much-needed switch in this regard. The new SumoKoin Algorithm It is commendable to see so many cryptocurrencies take notice of the CryptoNight ASIC miner. Although Bitmain believes these mining units will make customers a fair bit of money, it seems highly unlikely that will be the case. In fact,
Ever since Bitmain unveiled its CryptoNight ASIC miner, there has been a growing effort to make this hardware impossible to use. Known as the Fairmining initiative, more and more currencies are deliberately changing their algorithms to prevent Bitmain’s ASIC from making much of an impact. Sumokoin is the latest currency to make the much-needed switch in this regard. The new SumoKoin Algorithm It is commendable to see so many cryptocurrencies take notice of the CryptoNight ASIC miner. Although Bitmain believes these mining units will make customers a fair bit of money, it seems highly unlikely that will be the case. In fact,