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I know. A flexible ASIC is a GPU. Optimized hardware will always be more cost effective, but like I said elsewhere in the thread, algos that are hard(er) to opt
by deft 8y ago
I know. A flexible ASIC is a GPU. Optimized hardware will always be more cost effective, but like I said elsewhere in the thread, algos that are hard(er) to optimize than even cryptonight are being worked on. People didn't notice monero had asics because no one was paying attention. Looking back on the hashrate graphs and price make it very clear.
Monero has since forked and removed the ASIC threat temporarily, and they will continue to fork to keep them at bay. Anti-ASIC is a cat and mouse game where the coin developers have the upperhand at all times. Do you really believe there's no conceivable algorithm that will reduce the cost-effective difference between general purpose and specialized hardware? The goal isn't to prevent someone from optimizing, it's to prevent the difference from being so large that no one else can compete. Monero managed to do that for years, and that was using an algo that claimed ASIC resistance solely on memory prices.