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As I said before, ASIC-resistant PoW is a fool’s errand. Repurposable PoW/hardware makes you forever vulnerable to rent attacks.
12.8. klo 07.13
Monero just experienced its deepest re-org ever. Everyone head to and start mining.
qtip has a halving in 20 days, after which they won't be able to keep this attack going.
@maxtannahill Btw, banning or putting an export control on ASIC Bitcoin mining equipment won’t work: it’s impossible to prevent secondary sales / smuggling, as evident in the H100 / AI hardware ban attempt.
So long run it’s all about access to energy sources.
@maxtannahill Already proven wrong.
12.8. klo 15.29
@maxtannahill Btw, banning or putting an export control on ASIC Bitcoin mining equipment won’t work: it’s impossible to prevent secondary sales / smuggling, as evident in the H100 / AI hardware ban attempt.
So long run it’s all about access to energy sources.
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