Bitmain vs Monero

in #bitmain7 years ago

19.3.18
bitmain.jpg

Bitmain vs Monero

Bitmain Announces New Monero-Mining Antminer X3, Monero leaders team in response said they will change the encryption twice a year to prevent the ASIC to work.
In the last couples of months the difficulty has increased dramatically blaming the bots but now we understand the reason for the increase.
ASIC mining is a way to centralize a currency because only rich people can acquire it, furthermore one ASIC hash rate will be equivalent to 100 cards. ASIC are used today to mine BTC, LTC, DASH.

If you are buying them be careful

Happy tradin'

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin8946.250$4.68%-2.9%
DASHDash434.919$7.91%-10.59%
LTCLitecoin168.843$5.93%-3.97%
XMRMonero224.657$5.05%-9.93%

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