Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [DMC]Tree-Graph+CryptoNote+Ring—CT+Bulletproofs+Dandelion+Smart contract
by
qwe1
on 02/12/2019, 09:30:42 UTC
Why use the CPU solo mining algorithm?

Because CPU mining is fairer and more decentralized. If using a GPU mining algorithm, we believe the project will have little chance of success. China's GPU and ASIC mining groups will immediately switch their hash rate to our projects. This will cause hash rate centralized problems and will affect the early CPU miners who really support our project. Most of the miners will sell their coin without any hesitation, which will also affect the progress of the project and our DeFi platform. At the same time, we will also constantly be developing and researching new PoW algorithms to resist the power advantage of GPU, FPGA and ASIC.