Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
eizh
on 28/08/2014, 22:28:49 UTC
This report came out and price is breaking 0.0042 resistance it seems
http://da-data.blogspot.com.es/2014/08/minting-money-with-monero-and-cpu.html


dga is a professor of computer science at a top university and well-known for this so we suspected as much even back in May. Fortunately XMR's algo has mostly held up to its CPU-friendliness claims (the GPU advantage is low relative to SHA256d/scrypt/NIST candidates) so the coin managed to survive these phases. The optimized CPU miners were a much bigger headache than the private GPU miners.