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CPU-, and to a certain extent, GPU-based mining is problematic because in the real world today all mining is concentrated in the hands of botnet operators. Tha
by xorcist 9y ago
CPU-, and to a certain extent, GPU-based mining is problematic because in the real world today all mining is concentrated in the hands of botnet operators.
That used to be a mounting problem in the Bitcoin world which began to fade away with the introduction of FPGA-based miners, but it's still a problem with a couple of altcoins. There are pros and cons with both compute-hard and memory-hard PoW but many seem to lean towards compute-hard being the less bad choice.
- CyberDildonics 9y ago> all mining is concentrated in the hands of botnet operators Do you have a source for this? I'm not even sure what CPU based currencies you are talking about. GPU based proof of work seems like even more of a stretch seeing as particular high end cards that are better with integers and bit shifting are usually used.