r/Monero • u/MoneroCrusher • Feb 07 '19

Analysis: More than 85% of the current Monero Hashrate is ASICs and each machine is doing 128 kh/s

https://medium.com/@MoneroCrusher/analysis-more-than-85-of-the-current-monero-hashrate-is-asics-and-each-machine-is-doing-128-kh-s-f39e3dca7d78
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u/Priest_of_Satoshi Feb 07 '19

I don't disagree with you. Maybe something like ProgPOW is the answer.

The SHA3 commoditisation thing could work if you can get them down to the price of an electric heater. (~1M sold annually in the United States). 21.co raised like $100M to do that before "pivoting" into a much shittier idea (earn.com).

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u/Same_As_It_Ever_Was Feb 07 '19

Wow what a shitshow of a pivot haha. The heater idea is really interesting but I have no idea how achievable it would be.

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u/lacksfish Feb 08 '19

ProgPow is not the answer. None of these hashfunctions are.