Re: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN)
Must read for people who still think ASIC/FPGA can be defeated.
https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b
"At this point, I think its safe to assume that every Proof-of-Work coin...
with a block reward of more than $20 million in the past year...
has at least one group of secret ASICs currently mining on it...
or will have secret ASICs mining on it within a few months".
That $20 million number is dropping fast.
https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b
"At this point, I think its safe to assume that every Proof-of-Work coin...
with a block reward of more than $20 million in the past year...
has at least one group of secret ASICs currently mining on it...
or will have secret ASICs mining on it within a few months".
That $20 million number is dropping fast.
I wish that there is a way to avoid that but I guess you are probably right with your assumption
