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Questions tagged [asic-development]

questions about ASIC development including estimated time, cost, complexity and profitability

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40 views

Why are I/O bound instructions not used as part of a hashing algorithm to thwart ASICs

Is there a reason why I/O bound instructions are not used in the logic for hashing done by miners? For example, there could be specialised nodes that act as middlemen, whose sole role would be to ...
1
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2answers
117 views

Who created the Monero ASICs during 2019-Jan to 2019-Mar?

Do we know who exactly created these ASICs during the big hash run up during 2019-Jan to 2019-Mar? And why would they create these ASICs when they know for a fact that the Monero community would ...
4
votes
1answer
414 views

How is CryptoNight variant 4 increasing the CPU to ASIC performance ratio?

At block 1788000, Monero will switch PoW from CryptoNight variant 2 to variant 4. This change has two main goals: break any current CNv2 ASIC make hypothetical CNv4 ASICs perform less well compared ...
1
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1answer
152 views

Is Monero really decentralized, if the dev team can easily change the POW algorithm to fight off ASICs so easily?

With the recent ASICs on the scene as of 2019-Jan, someone managed to create ASICs again for monero and they're able to attain over 50%+ of the network. The monero core devs scheduled a fork only a ...
1
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1answer
594 views

What are the main advantages / disadvantages between proposed RandomX to ProgPoW?

Ethereum developers recently decided to fork off Ethash ASICs like Monero did before. However, Monero changes its CryptoNight mining algorithm only slightly every six months until a more robust ...
3
votes
3answers
659 views

What was the difference in hashrate power when the March 2018 anti-ASIC Hardfork occurred?

What was the percentage drop in hashrate during the 2018 march anti-ASIC hardfork before and after the fork? Finding this number, can we estimate how many ASIC's were produced? This is assuming ...
6
votes
1answer
2k views

What exactly has been changed in PoW algorithms in the v7 fork?

I have read the official announcement about the current PoW change and also seen the discussion on GitHub but this is very long and very technical. Could someone summarise what exactly has been ...
3
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1answer
93 views

How do “Time Locked Proof of Non-ASIC work challenge reward” algorithms work to deter ASIC production?

I just read the proposal for "Time Locked Proof of Non-ASIC work challenge reward" https://www.reddit.com/r/Monero/comments/86zb03/the_end_of_all_asic_miners_moneros_new/ I still don't understand ...
3
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1answer
923 views

Monero and ASIC miner

Would it be possible to convert Bitcoin ASIC miner from BTC to Monero(XMR)? For instance, convert the Titan BTC dragon miner firmware to mine Monero : http://titanminer.com/?product=lketc-dragon-...
20
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1answer
5k views

Approximate cost of developing Cryptonight ASICs

I have already seen reasons why Cryptonight is more resistant to ASICs as compared to SHA256 for example: Cryptonight takes advantage of the AES-NI instruction set available on most modern machines ...
17
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5answers
34k views

Is Monero amenable to ASIC mining?

Is Monero ASIC resistant? If not, are there already people out there running on ASICs?