We are aware that there is an ASIC available for the NIST5 algorithm and are discussing possible solutions internally.
We will have an announcement soon.
Thank you.
All these forks that have been happening, are getting ridiculous. Seems like every month or so there's another major problem. Everyone trying to find out whether or not they're on the right chain, lost coins, investors fleeing, exchanges shutting down transactions, mandatory updates, basically a big mess. Amateur hour. Get the freakin blockchain stable and secure already.
Just switch to POS and be done with all these needless mining issues. The miners just dump the price down anyways and don't prop it up by buying on exchanges. Atleast with POS, people will be forced to buy and hold in order to profit. All benefits and no downsides. Stable blockchain and positive price movement for once.
The miners have had a long run of profitable mining and dumping BWK, there are thousands of other coins for them to wreck. Time to take it seriously and build a stable future for this coin. I honestly can't believe that after two major mining related forks, that the devs haven't switched to POS already and are even considering more pandering to the miners with an algo change.
You know that a fork hasn't happened and nothing is wrong with our network, right? An FPGA has released a software update that allows their hardware owners to mine nist5 (Bulwark). This in turn caused nethash to rise to a staggering 17Th/s+ over night.
We're not doing this out of necessity. We clearly stated in our white paper that should an event like this happen, we would put it to a vote and consider a PoW algorithm switch. We are men of our word and we are doing exactly what we stated we would do since the whitepaper was released shortly after Bulwark went live back in December. For those that read the white paper, this vote is coming as no surprise to them. Most are happy that we've remembered and are keeping our word to actually listen to our community.