Let’s talk about ASIC mining

[bitcartel]

Post about Monero, please discuss on thread.

Monero has won its first battle with ASICs

When Monero hard forked to maintain ASIC resistance (aka Fair Mining) and its hashrate fell, there was skepticism from some quarters that 50% of Monero’s hashrate was due to secret ASICs. Some argued that secret mining was due to botnets, that manufacturers would not engage in such activity. However, several months on, we can clearly see that secret ASIC mining was indeed responsible for 50-60% of Monero’s hashrate, leaving it vulnerable to centralized mining. [image] In response to Monero u…