8
you are viewing a single comment's thread
view the rest of the comments
[-] Wave@monero.town 1 points 1 year ago

16:47 hyc it would be fun to see their 2+ years of effort poof

16:47 sech1 and they don't have superior efficiency

16:47 hyc but anything we did like that would only have a temporary effect> from https://libera.monerologs.net/monero-pow/20230827

@hyc : As you can see in my other two posts here, i'd really like a "temporary effect" make this specialized devices less worth for one or two years from now. The ASIC-manufacturer will feel and deserve the backlash. Make it poof.

[-] hyc@monero.town 2 points 1 year ago

They're CPUs. They can just roll out a firmware update and be up and running again.

[-] IP2@monero.town -1 points 1 year ago

Dude, they're mining just like you. What is the big deal?

[-] Giffbro@monero.town 0 points 1 year ago

People view centralization of mining power as a threat.

[-] IP2@monero.town 1 points 1 year ago* (last edited 1 year ago)

I get that. What I don't get is how these would help centralize power given they mine at the same efficiency (at best) as everything else.

[-] mylikes@stranger.social 1 points 1 year ago

@IP2 @Giffbro They can ban asic, but can they ban cpu? CPU is everywhere.

this post was submitted on 27 Aug 2023
8 points (90.0% liked)

Monero

1675 readers
30 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS