⛏️ Privacy coin Monero cuts out ASIC miners to stay independent
The recent Monero ($XMR) hardfork which introduced a new ASIC-resistant Proof-of-Work algorithm dropped the hashing rate by some 80%, although it is now on the rebound. The non-contentious fork, Boron Butterfly, was a move to keep the network decentralized. The drop in the hashrate confirmed suspicions of ASIC mining dominance.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Mentioned Assets