Re: [XMR] Monero Speculation

Hash rate closing in on 40 million.

So it's only CPU and GPU mining right now. How many months/years until ASICs?

I always read it was "Asic-resistant", however IDK what that really means. I mean, couldn't someone develop an ASIC for cryptonote? Is anyone trying?

If I recall correctly from old video (or audio) with Fluffypony it is possible to make an ASIC for CN. Please correct me if I wrong.

What it is is that ASICs don't have a big advantage over GPUs and GPUs don't have a big advantage over CPUs. When the price gets high enough the small advantage might make it financially feasible to design and manufacture ASICs. I certainly don't have the knowledge to analyze this.

Yes. But I think that ASIC will be a bit cheaper than GPU rig (as GPU rig slightly cheaper than CPU. I mean KH per $).

I would hope so. It's really expensive and probably a loss to even try and build a new GPU rig for cryptonote right now, right?