Great interview! It seems that the biggest risk isn’t so much to see an increase in mining farms but rather to see #Bitmain earning a sizable chunk of the hashing power. As Howard said, the dedicated miners for sale would probably be obsolete and it may make more sense for professional miners to buy newer CPUs. However, the ones Bitmain runs may be competitive against recent general purpose CPUs hence, the question I’d like to understand better is which percentage of the #Monero network could Bitmain own while keeping their mining operations economically viable. Is there even a upper limit to this percentage and if so, what are the factors capping this limit?
Has Bitmain created a RandomX Monero ASIC? w/ Howard Chu- A MONERO TALK EPI #280
"From a power efficiency perspective they actually lose out to Computing Hardware you can buy off the shelf but from a convenience perspective … having a whole bunch of those things in one case that you don't have to administer as several different computers, there is an advantage there.
https://nostr.build/av/a927e21a02d5e8dc32bccdf1473142f504ecc78ed6501500a1a47ae8b4db58ca.mp4
Watch 👀 the full Epi :
https://youtu.be/T9BFnn2-TDM?si=biax_3S32EXdRCza
Subscribe to Link in bio 😎🥸
Make sure to subscribe there: https://www.youtube.com/c/monerotalk to get 🚨notified of when the episode is up!
📺 on YouTube.com/c/monerotalk
📺 on https://odysee.com/@MoneroTalk:8
🎧 to Podcast: monerotalk.live
Special thanks to our sponsors @cakewallet Stealth.io
.
.
.
.
#privacycoin #tech #xmr #freedom #xmrnews #news #crypto #lbry #privacy #cryptonews #decentralized #monero #technology #technologynews #moneronews #monero #bitcoin #btc #mining #encryptionwetrust #monerooutreach #cakewallet #cash #digitalcash
Discussion
No replies yet.