monero defeats asics | Bitcointalksearch.org

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: European Central Bank on August 18, 2018, 08:26:16 AM

https://forum.z.cash/t/monero-has-won-its-first-battle-with-asics/30883

there was much talk of monero's hard fork to get rid of asics being a risky move. however by this point it looks like it was a success and the forks that carried on with asics have now faded away.

some think asics make more sense from a security point of view, others think maintaining decentralization was the most important thing. which end of the spectrum are you on?

In this post on second graph is seen how hash rate of ZCash in April stopped growing and even declined. That means that GPU miners left ZCash for Monero. I guess ASIC miners were keep adding to ZCash.

butka

full member

Activity: 434

Merit: 246

I see that now we have estimates that 50 percent of Monero's hashrate was due to ASIC mining (secret or not). Should we be pro or anti ASIC? You could argue both ways. In principle I'm more for the design where decentralization is maintained as much as possible. On one hand, who is to say that they won't make another ASIC pretty soon, one that will be capable of mining the new algo? And who knows, this time maybe it will remain secret for a longer period of time.

European Central Bank

legendary

Activity: 1288

Merit: 1087

https://forum.z.cash/t/monero-has-won-its-first-battle-with-asics/30883

there was much talk of monero's hard fork to get rid of asics being a risky move. however by this point it looks like it was a success and the forks that carried on with asics have now faded away.

some think asics make more sense from a security point of view, others think maintaining decentralization was the most important thing. which end of the spectrum are you on?

Topic: monero defeats asics (Read 109 times)