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Questions tagged [asic-mining]

Theorectical questions (because they do not yet exist for Monero) about using ASICs for mining

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2answers
107 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 ...
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1answer
139 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 ...
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1answer
335 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 ...
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2answers
501 views

Why does the Monero difficulty increase? [duplicate]

Monero's difficulty has soared a lot in the last days and the trend seems to be confirmed. Why did it happen? What is the technical reason?
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1answer
90 views

Was there evidence of any ASICS after the new POW upgrade in october 2018?

There was obviously ASICS made prior to the 2018 March POW fork, but was there evidence of this for the 2018 October fork?
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2answers
1k views

What are the changes in CryptoNight v2 PoW algorithm?

According to the last Dev Meeting, PoW changes to the upcoming fork are almost finished. What exactly will be changed and how will it affect speed on CPUs and GPUs but also potential ASICs or FPGAs?
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3answers
654 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
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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
89 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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2answers
211 views

Would having two separate proof of work algorithms for Monero be more secure?

Say 50% is CryptoNight and 50% is an ASIC friendly PoW, would this create more security? Maybe current miners would leave, creating less security? This might be an idea that would be better for the ...
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1answer
74 views

Is avoiding significant advantage by an specific hardware an active goal of the Monero developers?

Given that significant advantages in a specific hardware leave out a lot of people that don't posses that specific hardware and leads to mining centralization, is there an active effort to improve the ...
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2answers
3k views

At what stage is the Monero mining race at right now?

It does beg the question, what hardware would has the best cost/benefit ratio right now? Are low end GPUs best to mine with, or are racks of cheap power efficient CPU motherboards the flavour right ...
19
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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 ...
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11answers
48k views

Which type of hardware is the most efficient for mining Monero?

I'm not looking for any specific product recommendation, but I'm just curious in terms of type of hardware which has been proven as the most efficient in terms of mining Monero. Is it GPU, CPU, ASIC,...