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Topic: Will CPU PoW coins have a future? - page 2. (Read 1091 times)

full member
Activity: 1424
Merit: 225
May 29, 2020, 06:57:27 PM
#2
Yes. The newer algorithms are designed for POW. The're not off-the-shelf cryptographic algorithms.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
May 29, 2020, 05:28:13 PM
#1
For once, Bitcoin was touted as a cryptocurrency that can be mined with a CPU (one CPU, one vote). After FPGAs and GPUs came into inception, mining with a CPU became a thing of the past. It's disappointing to see this, considering that CPU brings greater decentralization to a Blockchain network. The average Joe can participate in the cryptocurrency's consensus, without having to spend a fortune on expensive mining hardware. Hundreds (if not thousands) of altcoins have emerged with the focus of being truly ASIC and GPU-resistant with unique CPU-friendly PoW algorithms. Yet after some time, mining hardware manufacturers launch devices that successfully mine CPU-only cryptocurrencies.

For now, some “yescrypt” and “M7M” coins are mineable only with a CPU. But there's nothing stopping companies from developing an ASIC or even an FPGA to mine them, reducing the average person's accessibility to mine coins in an underlying Blockchain network.

Do you think CPU coins will have a future? Or is everything "dead lost"? Your input will be greatly appreciated. Smiley
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