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Monero to Prevent ASIC Mining, Hard Fork Scheduled for March 9

Sun Feb 17, 2019 5:20 pm

XMR developers, and the whole team at large, are ready and in high gear to fork their network on Saturday, March 9th 2019 in order to lower the effectiveness of ASICs (application-specific integrated circuits). The hard fork might cause a change to the Monero proof-of-work (PoW) algorithm and also lower the hash rate competences of ASIC miners by a significant factor of over 2.5.

The effort is undertaken to highly reduce hash rate enabling small-scale mining activities using graphics processing units (GPUs) thus contending effectively and further making the XMR PoW systematic algorithm less ASIC-friendly.

Read the details in the article of Coinidol dot com, the world blockchain news outlet:


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