Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner
New disclaimer when buying these 3k and 1.9k models from bitmain...
3. One major cryptocurrency which is using CryptoNight hash function is about to change their PoW algothrim, and according to their public statement, it is purposely to brick ASIC mining rigs including X3. When you buying it, you are betting that they are wrong.
3. One major cryptocurrency which is using CryptoNight hash function is about to change their PoW algothrim, and according to their public statement, it is purposely to brick ASIC mining rigs including X3. When you buying it, you are betting that they are wrong.
loooooooooool
Not the worst bet ever anyway. Will be interesting to see which network has more hashrate after Monero forks - the original chain, or the new fork. Will the new fork really be Monero if it has little hashrate or, gasp, gets 51% attacked into can't-trust-confirmations oblivion?
Monero (among others) are planning to change the POW algo used to calculate each block, thus there can't be a 51% attack or whatever by ASICs running the obsolete POW algo. They won't find blocks and they won't earn coins, period.
This is not the same as a chain split situation where everyone is using the same algo but someone got out of sync.
POW algo change = useless ASIC