1CLQQQVFzAWkSxmKkedUiE6RwyYxrXWTA ·
Yep. I’ve been mining LTC with my L3+ scrypt miners since 2017.
1AP8ujgVNPgWbjd9YjJDBnsimokCUDQa6x ·
do you think asic-resistance was good for Litecoin (or Ethereum?)?
1CLQQQVFzAWkSxmKkedUiE6RwyYxrXWTA ·
Well, perhaps but obviously someone decided to allow ASICS for both. Too much centralization. I’ve been GPU mining ETH since 2016, I wish I had held all that I mined. So many forks and “classics” now. Just learning about SV, I like what I’ve been reading.
1xT7pz1QfFQ8TV8Urhgc7nC4QqFTFwME7 (2854) ·
ASIC resistance may seem an optimal strategy to prevent specialized hardware design from gaining a disproportionate advantage over small actors, it is impossible to create an algorithm that runs at the same speed on general-purpose and dedicated hardware
1xT7pz1QfFQ8TV8Urhgc7nC4QqFTFwME7 (2854) ·
ASIC resistance is a very dumb attempt for the solution to the byzantines general problem.
https://ratelmoney.medium.com/proof-of-work-security-at-scale-equihash-goals-revisited-5e2157396623