WebJan 23, 2015 · You asked if it is possible, and the goal is "ASIC-resistant" by which you mean that it cannot be optimized through the development of an ASIC. Any algorithm is, by its nature, suitable to be encoded into an ASIC. Well, any programmable algorithm that is, and that includes all possible hash-chains. WebMar 18, 2024 · ASICs, or “Application Specific Integrated Circuit” are computers that are created to serve a specific use case and task. For Cryptocurrencies, ASIC devices …
The State of Cryptocurrency Mining by David Vorick The Sia Blog
WebApr 10, 2024 · Vertcoin (Abbreviation: VTC) is an open-source cryptocurrency created in early 2014, that focuses on decentralization. Vertcoin uses an ASIC resistant proof-of-work mechanism to issue new coins and incentivize miners to secure the network and validate transactions. Vertcoin's blockchain is maintained by a decentralized coalition of … WebSep 2, 2024 · I am looking for a way to protect a system utilizing SHA256 on semi-weak passwords against brute force attacks using ASIC-levels of hash-power, ideally by … bilsbury tosha
mining - Is Ethereum ASIC resistant? - Ethereum Stack Exchange
WebMar 3, 2024 · The aim of ASIC resistant algorithms are usually to avoid the centralization of mining in that typically happens as ASIC machines. Share this with a friend! Related … Web"in order to be able to add blocks fast, Kaspa mining/hashing algorithm was chosen to be non-resistant against FPGA/ASIC implementation" This is wrong in two respects: 1. HH is ASIC resistant, 2. any GPU minable coin can be also mined by FPGA., 3. the algo was chosen prior to launch in a community vote, and could always be replaced. WebFeb 22, 2024 · So, here are the eight best cryptocurrencies you can mine at home in 2024. 1. Monero (XMR) Monero (XMR) is one of the easiest cryptocurrencies to mine using a home computer. Monero is a privacy-focused crypto based on the CryptoNote protocol and utilizes the RandomX hash function to create increasingly complicated mathematical … bilsborrow movers