With every new ASIC announcement another community influencer mentions the death of GPU mining and the madness needs to stop!
Lines in the sand have been drawn between specific Cryptocurrencies and ASIC hardware manufacturers such as Bitmain. Many have specifically announced they will forever resist ASIC domination of their platform, and will achieve this with regularly scheduled hard forks among other things.
Both forms have their advantages and disadvantages of course, however GPU mining specifically is more aligned with the decentralized concept and thus a very important piece for the future, long term success and freedom Cryptocurrencies create. There are only a few countries remaining in the world without a privatized central bank dictating interest rates and enslaving citizens through automatic debt via buying their counties fiat currency at interest from the central bank. Saturation and control of Cryptos via ASIC hardware will have the same end result as fiat, and we have already witnessed glimpses of this future with Bitmain's absolute dominance of the entire industry including the creation and manipulation of Bitcoin Cash specifically.
The projects and developers who truly support the Cryptocurrency concept are becoming clearer, and more continue to take a stance against centralization via ASICs. In the near and long term future many of the coins that stand against ASICs will garner the strongest communities.
If you want a coin added/removed please provide details on the coin and how they are committed to being ASIC resistant or have been compromised.
List of GPU mineable only champions include:
- Monero
- Sumokoin
- Bitcoin Gold
- Bitcoin Private
- Bitcoin Z
- Safe Coin
- Ravencoin
- LUX
- Haven
- Pigeoncoin
- Bitcore
- Nexus
- Vertcoin
- Triton
*List updated daily
Long Live Cryptocurrency Freedom!
"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts."
- Satoshi Nakamoto
- Satoshi Nakamoto