Post
Topic
Board Mining speculation
Re: Will ASIC mining destroy Bitcoin?
by
fireduck
on 02/07/2012, 19:40:00 UTC
Seriously, what if the developers decided to change the block hashing algorithm from double SHA-256 to something else (WHIRLPOOL or SHA 3 maybe)? doesn't it renders ASIC useless?

My understanding is that an FPGA could probably be reprogrammed and flashed to whatever.  However, an ASIC cannot and does one thing forever.