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

16 votes
Accepted

Is Monero amenable to ASIC mining?

Cryptonight (the PoW hash used by Monero and most Cryptonote coins) does not lend itself well to ASIC development, for the following reasons: Cryptonight requires 2 MB of fast memory to work. This m …
user36303's user avatar
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6 votes
Accepted

Is Monero really decentralized, if the dev team can easily change the POW algorithm to fight...

Centralization is a continuum. Actions and circumstances move a particular system along that continuum. There are several points which are topical here: Monero development is made by a smallish num …
user36303's user avatar
  • 34.9k